Latest news with #IndustrialProduction
Hans India
4 days ago
- Business
- Hans India
Markets on edge as 4th weekly loss sets cautious tone
Mumbai: Factors like the upcoming US Federal Reserve meeting, ongoing corporate earnings, and release of important economic data such as Industrial Production (IIP) and HSBC Manufacturing PMI will play a major role in shaping Indian stock market sentiment next week. On Friday, the markets ended lower for the second straight session, with both benchmark indices -- the Sensex and Nifty -- posting steep losses. The Sensex fell 786 points intra-day to 81,397.69, while the Nifty slipped nearly 1 per cent to touch 24,806.35. The broader market also witnessed selling, with mid-cap and small-cap indices dropping up to 2 per cent. Looking ahead, global developments will also be crucial. The US Federal Reserve will hold its policy meeting on July 29–30. Most traders expect the Fed to keep interest rates unchanged, but any comments on inflation or future policy moves will be closely watched by markets worldwide. On the trade front, the Ministry of External Affairs said India and the US are working on the first phase of a Bilateral Trade Agreement to improve market access and reduce tariff barriers. Back home, earnings from key companies such as IndusInd Bank, Tata Steel, ITC, Sun Pharma, and Maruti Suzuki India are expected next week. Their performance will give investors more clarity on sectoral strength and overall corporate health, as per the experts. As the new month begins, investors will also keep an eye on economic indicators. The Industrial Production (IIP) data and HSBC Manufacturing PMI, both due on August 1, could provide fresh cues on the health of the Indian economy. According to experts, the market is likely to remain volatile next week, with investors watching for cues from global central banks, earnings reports, and domestic economic data. Meanwhile, in the previous week , the benchmarks ended the week lower -- marking the fourth consecutive weekly loss. The Nifty closed at 24,837.00, while the Sensex settled at 81,463.09.
Hans India
5 days ago
- Business
- Hans India
Fed meet, Q1 earnings, economic data to drive stock markets next week
Mumbai: Factors like the upcoming US Federal Reserve meeting, ongoing corporate earnings, and release of important economic data such as Industrial Production (IIP) and HSBC Manufacturing PMI will play a major role in shaping Indian stock market sentiment next week. On Friday, the markets ended lower for the second straight session, with both benchmark indices -- the Sensex and Nifty -- posting steep losses. The Sensex fell 786 points intra-day to 81,397.69, while the Nifty slipped nearly 1 per cent to touch 24,806.35. The broader market also witnessed selling, with mid-cap and small-cap indices dropping up to 2 per cent. Looking ahead, global developments will also be crucial. The US Federal Reserve will hold its policy meeting on July 29–30. Most traders expect the Fed to keep interest rates unchanged, but any comments on inflation or future policy moves will be closely watched by markets worldwide. On the trade front, the Ministry of External Affairs said India and the US are working on the first phase of a Bilateral Trade Agreement to improve market access and reduce tariff barriers. Back home, earnings from key companies such as IndusInd Bank, Tata Steel, ITC, Sun Pharma, and Maruti Suzuki India are expected next week. Their performance will give investors more clarity on sectoral strength and overall corporate health, as per the experts. As the new month begins, investors will also keep an eye on economic indicators. The Industrial Production (IIP) data and HSBC Manufacturing PMI, both due on August 1, could provide fresh cues on the health of the Indian economy. According to experts, the market is likely to remain volatile next week, with investors watching for cues from global central banks, earnings reports, and domestic economic data. Meanwhile, in the previous week , the benchmarks ended the week lower -- marking the fourth consecutive weekly loss. The Nifty closed at 24,837.00, while the Sensex settled at 81,463.09.
Wall Street Journal
15-07-2025
- Business
- Wall Street Journal
Europe's Factories Boosted by Tariff Frontrunning as August Deadline Looms
Factory output in the eurozone partly rebounded from a tariff-induced slump in May, but trade is likely to remain a headwind even as manufacturers harbor hopes of better times on government pledges to increase defense and infrastructure spending. Industrial production increased 1.7% from April across the 20 nations that make up the eurozone, according to figures released by the European Union's statistics agency on Tuesday. That was a faster rise than economists had expected, according to a poll conducted by The Wall Street Journal.
Mint
13-07-2025
- Business
- Mint
Wall Street week ahead: Focus on inflation, retail sales, big banks & Netflix earnings, trade developments
Wall Street investors will have plenty of economic data and earnings reports to assess in the week ahead. In terms of economic data, market participants will see key inflation numbers, consumer and producer price index reports, retail sales reading, and industrial production. The earnings calendar will be fairly busy next week with some big banks such as JPMorgan, Bank of America, Morgan Stanley, and Citigroup slated to declare their second quarter results. The week will also see earnings reports from other big US companies including healthcare giant Johnson & Johnson, streaming pioneer Netflix, GE Aerospace, and PepsiCo. Among other events, trade developments will continue to garner a chunk of the spotlight as US President Donald Trump targeted the European Union and Mexico with tariffs over the weekend. On July 15 (Tuesday), separate reports on Consumer Price Index for June and Empire State Manufacturing Survey for July will be released. On July 16 (Wednesday), data on Producer Price Index for June, Industrial Production for June, and Fed Beige Book will be released. On July 17 (Thursday), separate reports on US retail sales for June and Home Builder Confidence Index for July will be released. On July 18 (Friday), separate reports on housing starts for June, building permits for June, consumer sentiment (prelim) for July will be released. Following companies are due to report second quarter results in the week ahead — Fastenal, FB Financial, JPMorgan, Wells Fargo, BlackRock, Citigroup, Johnson & Johnson, Bank of America, Morgan Stanley, Goldman Sachs, Taiwan Semiconductor, Netflix, GE Aerospace, Abbott Laboratories, PepsiCo, American Express, 3M, and Charles Schwab. US stock indices retreated from records on Friday as markets digested President Donald Trump's tariff threats while looking ahead to major earnings reports later this month. The S&P 500 lost 21.62 points, or 0.34%, to end at 6,258.84 points, while the Nasdaq Composite lost 48.44 points, or 0.23%, to 20,582.23. The Dow Jones Industrial Average fell 291.06 points, or 0.65%, to 44,359.58. In the bond market, the yield on the 10-year Treasury rose to 4.42%, from 4.34%.
Economy ME
24-06-2025
- Business
- Economy ME
Non-oil activities in Saudi Arabia surge by 5.3 percent in 2024, reports GASTAT
The General Authority for Statistics ( GASTAT ) in Saudi Arabia has released the annual Industrial Production Index (IPI) for 2024, showing a year-over-year decrease of 2.3 percent. This decline is primarily attributed to a 5.2 percent drop in oil activity, while non-oil activities experienced a 5.3 percent increase, indicating improved performance across all non-oil economic sectors compared to 2023. According to the data, the annual index for mining and quarrying activities fell by 6.8 percent compared to 2023, whereas the annual index for manufacturing activities rose by 4.7 percent. Additionally, the annual index for electricity, gas, steam, and air conditioning supply activities increased by 3.5 percent, while the index for water supply, sewerage, waste management, and remediation activities grew by 1.6 percent compared to the previous year. The IPI serves as an economic indicator that measures changes in the volume of industrial output based on data collected from the industrial production survey. Read more | Saudi non-oil revenues covered 40 percent of expenditures: Al-Jadaan Robust growth forecast for non-oil GDP Saudi Arabia's non-oil GDP is projected to grow robustly, with the IMF forecasting non-oil GDP growth of 2.0 percent in 2025 and 5.0 percent in 2026. The non-oil sector grew by 4.2 percent in Q1 2025, underpinned by strong domestic demand and government sector expansion. Vision 2030 targets a non-oil GDP share of 50 percent by 2030, with key sectors including finance, insurance, transport, communication, non-oil manufacturing, and agriculture. Non-oil revenues rose by 9 percent in 2023, and the government has implemented fiscal reforms to further support diversification. The Saudi manufacturing sector is projected to reach $134.53 billion in output by 2025, with value-added contributions expected to hit $87.19 billion. The sector is driven by investments in refining, petrochemicals, high-tech production, and policy incentives under Vision 2030. Saudi Arabia has outlined a comprehensive energy sector roadmap for 2025, including major investments in renewable energy projects such as a 1,862 solar power project and a 260 wind farm. The Jafurah gas plant, expected to start production in 2025, is a key milestone for the Kingdom's sustainable energy goals. The non-oil sector is expected to attract investments worth $69 billion by 2030, supporting the growth of non-oil exports and positioning Saudi Arabia as a global hub for industry and innovation. Strategic agreements with international partners are part of the Kingdom's efforts to boost non-oil sector development.
