Market Minutes

Read snapshots of the latest market news

Trump wins: market reacts to red sweep

he U.S. Dollar strengthened significantly, rising about 1.5% as investors adjusted their positions in response to the election outcome

6 Nov 2024, 11:01
Market open

US job growth slows to lowest rate since 2020

The U.S. economy added just 12,000 jobs in October, well below market expectations of 113,000 and following downward revisions to previous months, as hurricanes and strike actions weighed on hiring across key sectors

1 Nov 2024, 14:14
Market close

Global Q3 economic wrap: US slowdown & Eurozone surprises

The U.S. economy grew by 2.8% in Q3, slightly under expectations, while strong consumer spending and a resilient job market supported growth. In Europe, Germany’s inflation rose to 2%, and Eurozone GDP grew by 0.4%, with both Germany and France exceeding forecasts.

30 Oct 2024, 14:11
Market close

Political shift lifts USD/JPY as Japan's ruling party loses ground

Mixed start with strong USD driven by rising yields and Fed rate cut expectations

28 Oct 2024, 05:55
Market open

USD/JPY climbs, eyes on Japan's response.

Today's focus includes the US Crude Oil inventory report, ECB speeches, and major corporate earnings

22 Oct 2024, 07:19
Market open

Gold extends record-breaking rally, China lowers rates

The People's Bank of China slashed key lending rates, with the 1-year LPR at 3.1% and the 5-year LPR at 3.6%. Meanwhile, gold prices continued their record-breaking rally, driven by rising geopolitical tensions

21 Oct 2024, 13:42
Market close

Gold's five-day winning streak continues

Gold hit a new high of $2,720 per ounce last week, reaching above $2,730 on Monday during Asian trading, marking its fifth consecutive day of gains.

21 Oct 2024, 06:17
Market open

Sterling gains on strong retail sales

Sterling rose on strong retail sales data, while Japan's inflation slowed, China's growth remained under pressure, and gold hit a record high amid geopolitical concerns

18 Oct 2024, 13:03
Market close

USD at August highs, markets await key US data

Retail sales and jobless claims are in focus as markets weigh the impact of consumer spending against labor market conditions

17 Oct 2024, 07:17
Market open

Sterling slumps as UK inflation declines sharply

Sterling slumped after UK inflation data showed a sharper-than-expected decline, fueling expectations of a Bank of England rate cut, while inflation trends in New Zealand and the US also point toward easing monetary policies

16 Oct 2024, 13:02
Market close