Market Minutes

Read snapshots of the latest market news

Daily discussion thread for September 4, 2026

US non-farm payrolls for August surged by 162,000, significantly exceeding expectations and boosting odds of a Federal Reserve interest rate hike. Meanwhile, political pressure on the Fed, weak Canadian employment figures, and mixed stock market performances introduced further uncertainty for market participants.

Daily discussion thread for September 3, 2026

Expectations of a Federal Reserve rate hike eased following dovish comments from US officials, fuelling a rally across major US equity indices, while robust ISM services PMI data signalled underlying economic strength.

Daily discussion thread for September 1, 2026

US air strikes on Iran have driven crude oil prices higher, intensifying global inflationary risks. Concurrently, German retail sales declined sharply, while key US manufacturing and labour market data indicated moderating economic growth.

Daily discussion thread for August 28, 2026

Federal Reserve Chair Kevin Warsh indicated potential interest rate hikes to curb persistent inflation. US financial markets retreated as the US dollar strengthened, coinciding with accelerating Canadian GDP growth and a drop in Japanese unemployment.

Daily discussion thread for August 21, 2026

Oil prices advanced following the announcement of unprecedented US sanctions against Iran, triggering concerns over potential supply disruptions. Concurrently, Japan recorded its highest inflation rate in several months, while Canadian retail sales exhibited signs of deceleration.

Daily discussion thread for August 18, 2026

US stock markets fell as US-Iran geopolitical tensions escalated. Meanwhile, weak housing data, elevated Treasury yields, and unchanged UK unemployment figures influenced global investor sentiment.

Daily discussion thread for August 13, 2026

US PPI slowed to 4.7% in July, boosting equities and lowering interest rate hike expectations, while UK GDP growth decelerated to 0.4% and Japanese producer prices remained near multi-year highs.

Daily discussion thread for August 11, 2026

The Reserve Bank of Australia maintained its benchmark interest rate at 4.35% amid persistent inflationary pressures and ongoing Middle East conflict. Concurrently, US existing home sales declined due to elevated long-term mortgage rates, while escalating fears of energy supply disruptions pushed global crude oil prices higher.

Daily discussion thread for August 7, 2026

US Non-Farm Payrolls unexpectedly contracted by 23K, lowering Federal Reserve rate-hike expectations and lifting equity markets. Concurrently, resilient Canadian labour market data and robust Chinese artificial intelligence exports highlighted selective economic stability.

Daily discussion thread for July 15, 2026

Middle East tensions remained elevated, supporting crude oil prices despite limited overall gains. Concurrently, China’s activity data showed marked improvement, the Bank of Canada held interest rates steady, and a softer US producer price inflation reading eased upward pressure on the US dollar.