Market Minutes
Read snapshots of the latest market news
All roads lead to Jackson Hole
Jerome Powell’s highly anticipated Jackson Hole address will shape expectations on rate cuts and recession concerns.
19 Aug 2024, 13:06
Gold hits all-time high
Spot gold prices hit a record $2,499 per ounce on Friday, driven by disappointing U.S. housing data that sparked renewed concerns over economic stability
16 Aug 2024, 13:48
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, 13:21
Gold prices slip ahead of US CPI
Gold prices fell for the second day as markets reacted to soft UK CPI and anticipated US inflation data, with a high-risk appetite pressuring the metal
14 Aug 2024, 06:24
US producer inflation cooler than expected In July
U.S. inflation pressure softens with a modest PPI increase, while the UK sees an unexpected drop in unemployment
13 Aug 2024, 13:28
Market slows before major central bank meetings
A quiet market session anticipates major central bank meetings and key economic data releases later this week.
29 Jul 2024, 13:34
June PCE data shows modest inflation
Core PCE prices and real consumer spending both increased by 0.2%
26 Jul 2024, 13:46
US Economy Surpasses Growth Expectations
The US economy grew 2.8% in Q2 2024, surpassing the 2.0% forecast, with strong consumer spending and investment.
25 Jul 2024, 13:29
Dollar boosted by risk-off sentiment
Gold trading near a multi-day low around the $2,420 mark, driven by a stronger US Dollar and profit-taking following a recent rally.
19 Jul 2024, 07:50
Prevailing risk-on sentiment
Markets anticipate the Fed will begin rate cuts in September, keeping US Treasury bond yields at multi-month lows.
17 Jul 2024, 08:06