Market Minutes
Read snapshots of the latest market news
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
Dollar drops amid Trump's targeted tariff shift
The dollar dropped after the Washington Post reported that Donald Trump’s aides are exploring tariffs that would apply to every country, but only cover critical imports.
6 Jan 2025, 12:55
European currencies under pressure amid energy crisis and trade tensions
European currencies face mounting headwinds as economic uncertainties deepen. The euro teeters near its lowest level since 2022 against the dollar, while the British pound struggles near a nine-month low. Energy woes and trade tensions compound challenges for the region's fragile economies.
3 Jan 2025, 13:44
Global markets show mixed signals amid persistent uncertainty
Global stock markets presented a mixed picture on Friday as Asian equities rallied and European futures slipped. Investors remained cautious, navigating geopolitical tensions and reassessing economic prospects ahead of key US manufacturing data.
3 Jan 2025, 07:26
UK manufacturing PMI drops to 47 as economic pressures mount
The UK's Manufacturing PMI slipped to 47.0 in December, down from 48.0 in November, marking the third straight month of contraction and the lowest sentiment in two years.
2 Jan 2025, 13:15
China manufacturing slows as global markets start 2025 on cautious note
China’s manufacturing expansion eased in December, setting a cautious tone for global markets as investors weigh geopolitical tensions, U.S. policy shifts, and China’s economic outlook for 2025.
2 Jan 2025, 07:00
Gold surges 26% in 2024
Gold posts a 26% annual gain, its strongest performance since 2010, driven by easing U.S. monetary policy, geopolitical tensions, and record central bank purchases.
31 Dec 2024, 12:30
Nikkei climbs on Yen weakness; Oil poised for weekly gain
The Nikkei 225 advanced as a weak yen lifted exporters, while Tokyo inflation hinted at possible rate hikes. Oil steadied on China's stimulus bets and inventory declines, despite broader stagnation in crude prices.
27 Dec 2024, 07:51
Turkey delivers 250bps rate cut
US stock futures traded flat in holiday-thinned markets as Asian shares gained. Turkey cut rates sharply, citing moderating inflation, while Russia dismissed a ceasefire in Ukraine but left room for negotiations.
26 Dec 2024, 13:22