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Read snapshots of the latest market news
US unemployment rate falls to 4.2%; Canada's rises to 6.6% in August 2024
US NFP repot slightly lower than expected; unemployment rate drops to 4.2%
6 Sep 2024, 13:28
US GDP growth for Q2 2024 revised up to 3%
US economic growth for Q2 2024 has been revised up to an annualized 3% from 2.8%, highlighting the economy’s resilience despite high interest rates.
29 Aug 2024, 13:58Japan's CPI rises to 2.7% in July
Japan's consumer prices rose to 2.7% in July, but core inflation slowed to 1.9%, the lowest since 2022.
23 Aug 2024, 08:44
US jobless claims decline, retail sales surge
U.S. labor market data released Thursday showed initial jobless claims declining more than expected last week, while retail sales surged in July
15 Aug 2024, 13:21June PCE data shows modest inflation
Core PCE prices and real consumer spending both increased by 0.2%
26 Jul 2024, 13:46Japan consider intervention with USDJPY near 160
The BoJ is considering market intervention as USD/JPY nears 160. Rising inflation risks and yen depreciation were key discussion points in the latest policy meeting, with potential rate hikes and adjustments to bond purchases on the table.
24 Jun 2024, 07:30Stronger-than-expected job growth pressures gold
Market expects less dovish stance from the Federal Reserve
7 Jun 2024, 12:54ECB cuts rates to 3.75%, future moves unclear
The ECB cuts its deposit rate to 3.75% but leaves future policy moves uncertain amid an improved inflation outlook.
6 Jun 2024, 13:31Daly debates Fed rate amid inflation uncertainty
San Francisco Fed President Mary Daly weighs the Federal Reserve's potential interest rate decisions amidst uncertain inflationary trends, highlighting the dual scenarios influencing policy deliberations.
10 May 2024, 13:41April Nonfarm Payrolls disappoints
Non-farm and private sector employment fall short of expectations, signaling a slower-than-anticipated pace of job creation.
3 May 2024, 13:45