Market Minutes

Read snapshots of the latest market news

BoE’s Dhingra calls for rate normalization

BoE’s Swati Dhingra urges immediate interest rate normalization, citing weak UK demand and stable inflation

15 Jul 2024, 14:10
Market close

U.S. inflation rate hits lowest point in a year

U.S. inflation hit a year-low at 3% in June, spurring rate cut expectations

11 Jul 2024, 13:44
Market close

Eurozone PMI signals slowdown

Output contraction hitting a year-to-date high and declines seen across new orders, purchasing activity, and employment

1 Jul 2024, 08:44
Market open

Yen plunges to lowest level in 38 years

The U.S. dollar climbed to a peak of 160.82 yen, the highest since December 1986 while gold prices fell below $2,300.

27 Jun 2024, 08:25
Market open

Japan 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, 07:30
Market open

UK growth remains flat

Asian markets face selling pressure; Chinese weak CPI inflation data release

12 Jun 2024, 06:47
Market open

Gold price dive: China's PBOC halts 18-month gold buying streak

China's PBOC reported unchanged gold holdings in May, ending an 18-month buying streak.

10 Jun 2024, 08:18
Market open

Stronger-than-expected job growth pressures gold

Market expects less dovish stance from the Federal Reserve

7 Jun 2024, 12:54
Market close

ECB 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, 13:31
Market close

Bank of Canada cuts rates for first time in four years

The Bank of Canada reduced its key interest rate by 25 basis points to 4.75% in June 2024, marking an end to 11 months of peak rates. The decision follows lower-than-expected GDP growth and signs of easing inflation.

5 Jun 2024, 14:11
Market close