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
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
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
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
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
UK growth remains flat
Asian markets face selling pressure; Chinese weak CPI inflation data release
12 Jun 2024, 06:47
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
Stronger-than-expected job growth pressures gold
Market expects less dovish stance from the Federal Reserve
7 Jun 2024, 12:54
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
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