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Read snapshots of the latest market news
Fed rate-cut odds climb on softer-than-expected ADP data
Private payroll data from ADP surprised to the downside in November, registering a contraction that reinforced markets’ expectations of Federal Reserve easing. The ISM services PMI, by contrast, showed continued resilience in the US services sector. Outside the US, Australia’s GDP decelerated in Q3, while US crude inventories recorded a modest build.
3 Dec 2025, 22:27
EU inflation tick lifts euro as BoE, OECD warn of risks
The euro registered a modest gain after European Union inflation accelerated slightly more than expected. At the same time, the Bank of England and the OECD issued warnings about financial-stability risks stemming from elevated valuations in AI-linked equities and broader trade-policy uncertainty.
3 Dec 2025, 00:12
Supply tensions lift oil while US and China PMIs slide
Brent and WTI futures rose modestly as supply concerns stemming from geopolitical incidents in Russia and Venezuela offset OPEC+’s decision to maintain its first-quarter 2026 production target. At the same time, recent purchasing-managers’ indices signalled cooling manufacturing activity in both China and the United States, adding to the sense of a fragile global demand backdrop.
1 Dec 2025, 22:21
Yen stalls despite strong Japan data as the dollar suffers its worst week since mid-year
Stronger Japanese industrial output and retail sales failed to lift the yen, as inflation remains skewed to food and markets keep betting on a December Fed cut. The dollar is set for its weakest week since mid-year, with risk assets in charge and policy clarity still a few key data prints away.
28 Nov 2025, 11:21
Dollar dips as Fed cut bets firm and BoJ signals slow hikes
The dollar stayed soft as markets price another Fed cut before year-end, even as a cautious BoJ signals room for gradual tightening and the ECB warns core inflation needs more cooling. U.S. equities firmed and 10-year yields dipped below 4%, reinforcing pressure on the greenback.
27 Nov 2025, 08:38
Asia turns risk-on as December Fed cut bets strengthen
Dovish Fed pricing kept risk assets bid in Asia, powering NZD and AUD while the yen stayed soft despite chatter of a near-term BoJ move. Focus now swings to the UK Autumn Budget.
26 Nov 2025, 07:51
Markets have mostly priced in a December cut as they await delayed US data
With a December Fed cut largely in the price, equities, bonds, and bullion have firmed while the dollar cools only at the margins. The next test is today’s catch-up prints—retail sales and PPI—unlikely to move the needle unless they deliver a genuine surprise.
25 Nov 2025, 09:01
Yen softens before UK budget and likely RBNZ rate cut
A quiet Asia session left the yen’s late-week bounce without follow-through, as BoJ delay bets, UK fiscal risk, an RBNZ cut, and a heavy US data backlog shaped the week’s opening tone.
24 Nov 2025, 09:00
US markets rebound despite unclear inflation outlook
US equity markets staged a sizeable intraday recovery despite the Bureau of Labor Statistics announcing that October’s consumer-price index will not be published and that November’s CPI release will be delayed. The data gap increases uncertainty for the Federal Reserve ahead of its policy decision, prompting markets to place greater weight on private indicators.
21 Nov 2025, 21:45
Nvidia beats in Q3 as US jobs data sends mixed signals
Nvidia reported third-quarter results that comfortably exceeded market expectations for both revenue and earnings per share, reinforcing its leadership in semiconductors and AI compute. At the same time, revised US labour-market data for September were mixed: non-farm payrolls were revised higher, yet the unemployment rate rose above consensus.
20 Nov 2025, 17:46