Market Minutes
Read snapshots of the latest market news
FOMC decision day
Investors await the outcome of one of the most closely watched Federal Reserve meetings in years, with uncertainty over a 25 or 50 basis point cut fueling expectations of market volatility
18 Sep 2024, 13:10
Dollar slumps as markets raise odds of 50bps Fed rate cut
The dollar weakened significantly after market participants raised the probability of a 50bps rate cut by the Fed next week.
13 Sep 2024, 13:46
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
Global markets react to weak US manufacturing data
US manufacturing activity fell short of expectations, Brent crude prices hit a low since December 2023 due to demand concerns
3 Sep 2024, 14:18
Trading subdued amid low volatility
Trading was subdued due to low volatility from the Labor Day holiday, with investors cautious ahead of key economic data later this week.
2 Sep 2024, 12:46
US payroll data to be the focus of the week
Bloomberg forecasts 155,000 new jobs in August, with unemployment expected to dip from 4.3% to 4.2%.
2 Sep 2024, 08:39
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, 13:58
Aussie rises on inflation printing
The yen gained strength as BoJ Deputy Governor Ryozo Himino indicated potential rate hikes if economic confidence continues to grow.
28 Aug 2024, 13:38
ECB’s Knot calls for tighter fiscal policy
ECB’s Klaas Knot urges tighter fiscal policies to aid inflation control, while German consumer sentiment hits a four-month low
27 Aug 2024, 13:36
Japan'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