Market Minutes

Read snapshots of the latest market news

Fed rate cut speculation gains momentum

Speculation over a December FOMC rate cut intensifies as Fed Governor Christopher Waller and New York Fed President John Williams emphasize data-dependency. Futures now price a 75% chance of a 25bps cut, but key economic reports, especially the upcoming NFP, could shift expectations.

3 Dec 2024, 12:57
Market close

Dollar climbs as PMI beats and tariff tensions rise

The ISM Manufacturing PMI beat expectations, boosting the dollar as markets focus on economic data, tariff threats, and upcoming central bank meetings.

3 Dec 2024, 07:30
Market open

Eurozone inflation rises; Tokyo CPI boosts BoJ rate speculation

Eurozone inflation ticks up to 2.3%, while Tokyo’s surging CPI strengthens expectations of a BoJ rate hike

29 Nov 2024, 12:18
Market close

The US Dollar dips ahead of key US data

Gold rallies to $2,650, buoyed by geopolitical tensions and Fed rate cut expectations.

27 Nov 2024, 11:54
Market open

Eurozone wage growth hits three-decade high, complicating ECB’s policy path

Eurozone wage growth surged to a 31-year high, UK inflation exceeded expectations, and China's central bank held rates steady amid ongoing economic challenges

20 Nov 2024, 12:50
Market close

Gold and safe-haven assets surge

European stocks fell and the euro weakened amid escalating Ukraine-Russia tensions, while gold surged as investors sought safe-haven assets

19 Nov 2024, 14:19
Market close

Dollar nears 2-year high

The dollar index nears a two-year high as markets eye inflation data and central bank policies

18 Nov 2024, 13:20
Market close

Fed’s Collins leaves December rate cut in question

Fed’s Susan Collins signaled that a December rate cut remains uncertain, emphasizing the need for more data, while UK GDP growth slowed sharply in Q3, and US retail sales beat expectations with a 0.4% rise in October

15 Nov 2024, 13:59
Market close

US inflation edges higher

Inflation concerns persist globally, as U.S. inflation ticks up and central bankers in Europe caution on growth and policy impacts.

13 Nov 2024, 13:53
Market close

Trump victory ignites market surge as stocks, dollar, and yields soar

Donald Trump's victory drove US stocks, the dollar, and Treasury yields higher, as investors bet on a revival of pro-growth policies.

6 Nov 2024, 13:28
Market close