Market Minutes

Read snapshots of the latest market news

PCE matches expectations as gold holds steady around $2,360

PCE at 2.7% YoY, matching both expectations and the previous month

31 May 2024, 13:57

US Q1 GDP growth revised to 1.3%

Futures trimmed losses after US first-quarter GDP was revised down to 1.3%, as expected. Initial jobless claims rose to 219,000.

30 May 2024, 13:25

Gold faces pressure in Asian session

Market participants are eagerly awaiting new US economic data and upcoming speeches from Federal Reserve policymakers for further insights on future policy directions

30 May 2024, 06:50

Germany inflation rate rises to 2.4% in May

Germany's inflation rate rose to 2.4% in May, potentially not influencing the ECB's upcoming interest rate decision but the tone.

29 May 2024, 13:50

Goldman revises Fed cut timeline as economic strength persists

Goldman Sachs postpones its Fed rate cut forecast to September, citing persistent economic resilience.

24 May 2024, 14:11

Gold prices hover near two-week lows

Gold prices tumbled overnight, hovering near two-week lows around $2,336, marking the first weekly loss in three weeks.

24 May 2024, 08:34

UK CPI data boosts GBP/USD

Stronger-than-expected UK inflation data leads to a notable increase in the GBP/USD pair

22 May 2024, 07:41

Fed's Bostic sees higher rates; BoE's Broadbent hints at cut

Atlanta Fed President Raphael Bostic predicts a higher long-term interest rate, while BoE Deputy Governor Ben Broadbent signals a potential rate cut this summer amidst ongoing inflation adjustments.

20 May 2024, 14:10

Gold and silver surge to record high

Gold prices soar to a historic pinnacle of $2,450 and silver at $32,28

20 May 2024, 11:40

Closeup on markets ahead of US PPI Data and Powell's speech

Precious metals shine despite strengthening US dollar, as markets are cautious ahead of inflation figures

14 May 2024, 07:15

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