Support
Market Minutes
Read snapshots of the latest market news
Bank of England cuts rates amid inflation concerns and slowing growth
The Bank of England lowered interest rates by 25 basis points to 4.5% on Thursday, balancing a sharper inflation outlook against weakening economic growth. Two policymakers, Catherine Mann and Swati Dhingra, dissented, calling for a deeper cut to 4.25%.
6 Feb 2025, 12:48
Market eye BoE decision and US job data
As markets await jobless claims, a weaker labor market could bolster the case for further Fed rate cuts amid economic slowdown concerns
6 Feb 2025, 06:44
Who doesn’t like a safe-haven in this scenario?
Gold surged to a record high as escalating US-China trade tensions and geopolitical uncertainty fueled haven demand.
5 Feb 2025, 11:53
The U.S. dollar rose as yields diverged
Market sentiment took a hit as Donald Trump announced 25% tariffs on Canadian and Mexican imports and 10% tariffs on Chinese goods, reigniting trade war concerns
3 Feb 2025, 07:19
PCE prices rise in line with forecasts
An in-line PCE report left bonds unmoved but reinforced rising inflation pressures, keeping yields elevated.
31 Jan 2025, 14:55
Australia’s inflation cools, RBA rate cut bets rise
Australia’s inflation cooled more than expected in Q4, strengthening expectations for an RBA rate cut, while markets also await key decisions from the BoC and Fed.
29 Jan 2025, 11:52
Markets steady as AI selloff eases; tariffs in focus
President Trump wants to impose across-the-board tariffs that are "much bigger" than 2.5% to reshape US supply chains and protect American workers and businesses.
28 Jan 2025, 13:27
U.S. PMI data in focus
Eurozone PMI rose to 50.2 in January, driven by Germany’s rebound, while inflation pressures persist.
24 Jan 2025, 13:21
BoJ rate hike boosts yen strength
The Bank of Japan raised its benchmark rate by 25 basis points to 0.5%, signaling a pivotal shift to tackle persistently low real interest rates
24 Jan 2025, 06:56
US jobless claims rise above estimates
US jobless claims increased slightly last week, while oil markets remained cautious amid a mixed economic backdrop.
23 Jan 2025, 14:31