Market Minutes

Read snapshots of the latest market news

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
Prevailing risk-on sentiment

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
BoE’s Dhingra calls for rate normalization

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

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
Eurozone PMI signals slowdown

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
Yen plunges to lowest level in 38 years

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
Japan consider intervention with USDJPY near 160

UK growth remains flat

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

12 Jun 2024, 06:47
UK growth remains flat

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

Stronger-than-expected job growth pressures gold

Market expects less dovish stance from the Federal Reserve

7 Jun 2024, 12:54
Stronger-than-expected job growth pressures gold

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
ECB cuts rates to 3.75%, future moves unclear