Stocks surged on Friday, after Fed Chair Jerome Powell said a rate cut may be warranted, due to growing concern about a sluggish labor market. While falling short of a promise of a September rate cut, ...

Market participants will monitor the key US economic data, including the first revision for second quarter Gross Domestic ...

HSBC economists forecast that second-quarter quarter-on-quarter annualized GDP growth will be revised up to 3.2% from the initial estimate of 3.0%. However, they expect consumer sentiment will "remain ...