Market Minutes

Read snapshots of the latest market news

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
Sterling slumps as UK inflation declines sharply

Euro weakens: ECB faces deflation risks

Soft inflation in Europe fuels ECB easing expectations, while mixed UK employment data eases BoE inflation worries

15 Oct 2024, 07:35
Euro weakens: ECB faces deflation risks

Markets await PPI to confirm inflation trend

Today’s PPI report and consumer sentiment could influence upcoming decisions on rate cuts.

11 Oct 2024, 08:08
Markets await PPI to confirm inflation trend

U.S. inflation cools, but core prices stay sticky

U.S. inflation slowed to 2.4% in September, marking the sixth consecutive month of easing. However, core prices, driven by food and shelter costs, remain elevated, suggesting the Fed will maintain a cautious approach on rate cuts

10 Oct 2024, 13:32
U.S. inflation cools, but core prices stay sticky

Dollar strengthens, awaiting CPI data

ll eyes are now on the upcoming U.S. inflation data, with expectations of a 2.3% annual rise—the lowest in two years

10 Oct 2024, 07:21
Dollar strengthens, awaiting CPI data

Gold faces ongoing pressure amid strong U.S Dollar

Precious metal hovers near three-week low around $2,605 as market weighs Fed rate cut expectations and potential Middle East ceasefire

9 Oct 2024, 06:59
Gold faces ongoing pressure amid strong U.S Dollar

Japan's Yen worries resurface as RBNZ eyes rate cut

Japan's yen faces renewed pressure as verbal interventions from officials signal growing concern over a potential drop below the 150 level, while the RBNZ is expected to cut rates to counter inflation risks amid a cooling economy

7 Oct 2024, 13:25
Japan's Yen worries resurface as RBNZ eyes rate cut

Global services PMI data lead today's calendar

Key reports on the radar include services PMI data from major global economies, US jobless claims, the ISM PMI, and Durable Goods Orders

3 Oct 2024, 06:49
Global services PMI data lead today's calendar

US PCE inflation falls to 2.2% in August

PCE price growth slowed from 2.5% yoy to 2.2% yoy, below expectation of 2.3%

27 Sep 2024, 13:21
US PCE inflation falls to 2.2% in August

Gold eases after record high; silver holds steady

The U.S. dollar’s slight rise softened gold prices, but Fed easing could limit the impact

25 Sep 2024, 06:41
Gold eases after record high; silver holds steady