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
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
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
Jobless claims anticipation lifts Dollar, pressures gold
Market focus is on the European Commission's advanced Consumer Confidence report and US Initial Jobless Claims data
23 Jan 2025, 07:29
Volatility looms across markets
The US Non-Farm Payroll (NFP) report, expected to reveal stable earnings growth but a slight decline in employment changes
10 Jan 2025, 07:50
Markets await NFP amid mixed labor signals
December Nonfarm Payrolls are expected to show a 220,000 increase, well above November’s 160,000
9 Jan 2025, 07:15
Trump weighs emergency declaration to advance tariff agenda
President-elect Donald Trump is considering invoking a national economic emergency to implement sweeping tariffs, while the British pound tumbles to an eight-month low amid a surging US dollar and trade policy concerns.
8 Jan 2025, 13:17
China expands Gold reserves for a second month
China boosted gold reserves for a second month in December, while Eurozone inflation hit a five-month high of 2.4%, highlighting diverging market dynamics.
7 Jan 2025, 14:01