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Latest stock market data plus index, currencies, and commodities performance
Global market outlook: Fed minutes, UK inflation, RBNZ & key economic data
This week is packed with market-moving events, from the Federal Reserve’s July minutes to inflation reports across Europe and Asia, alongside fresh policy decisions from New Zealand and China.
18 Aug 2025, 08:26
Pound extends winning streak as UK growth beats forecasts
Sterling outperforms G-10 peers for a sixth day against the euro and hits its strongest level in a month versus the dollar after UK GDP surprises to the upside.
14 Aug 2025, 09:11
US core CPI jumps in July, pressuring Fed rate cut hopes
July’s inflation data showed the fastest monthly rise in core consumer prices since January, led by a rebound in services and vehicle costs, while tariff-related price pressures eased.
13 Aug 2025, 07:26
Trump extends China tariff truce for 90 days, easing trade war fears
The White House’s move delays a planned tariff hike on Chinese goods until November, giving Washington and Beijing more time to resolve disputes on rare earths, energy imports, and technology exports.
12 Aug 2025, 08:54
Powell stays cautious as Fed holds rates
With the Fed holding rates steady, the real message came from Powell’s tone: no easing until the White House provides clarity on trade. Monetary policy, for now, is in wait-and-see mode—just like the markets.
8 May 2025, 06:29
Fed minutes reveal debate over rate cut
Several members cited labor market concerns and inflation progress as reasons to consider easing policy
22 Aug 2024, 10:33
US employment report shows labour demand stalling
A soft set of employment numbers from the US this afternoon and which leaves the Fed looking precariously behind the curve policy-wise.
2 Aug 2024, 15:19
BoE surprises with an interest rate cut
The BoE showed an increased willingness to tolerate data misses and vote to cut interest rates today. But going forward, the pace of monetary loosening to come looks set to be slow and gradual.
1 Aug 2024, 13:06
US June retail sales numbers show consumer spending continuing to weaken
Today's report shows consumer spending continuing to slowly soften, presenting no obstacle to hold the Fed back from cutting interest rates.
16 Jul 2024, 15:19
Stronger US PPI numbers still allow the Fed to cut interest rates in September
Today's PPI numbers appear at first glance to rule out any suggestion of a first interest rate cut being delivered in September. But as with all such reports, the devil is in the detail.
12 Jul 2024, 15:20