Market Minutes

Read snapshots of the latest market news

Energy & Trade Tensions Weigh on European Currencies

European currencies face mounting headwinds as economic uncertainties deepen. The euro teeters near its lowest level since 2022 against the dollar, while the British pound struggles near a nine-month low. Energy woes and trade tensions compound challenges for the region's fragile economies.

3 Jan 2025, 13:44
Market close

Global markets show mixed signals amid persistent uncertainty

Global stock markets presented a mixed picture on Friday as Asian equities rallied and European futures slipped. Investors remained cautious, navigating geopolitical tensions and reassessing economic prospects ahead of key US manufacturing data.

3 Jan 2025, 07:26
Market open

UK manufacturing PMI drops to 47 as economic pressures mount

The UK's Manufacturing PMI slipped to 47.0 in December, down from 48.0 in November, marking the third straight month of contraction and the lowest sentiment in two years.

2 Jan 2025, 13:15
Market close

China manufacturing slows as global markets start 2025 on cautious note

China’s manufacturing expansion eased in December, setting a cautious tone for global markets as investors weigh geopolitical tensions, U.S. policy shifts, and China’s economic outlook for 2025.

2 Jan 2025, 07:00
Market open

Gold surges 26% in 2024

Gold posts a 26% annual gain, its strongest performance since 2010, driven by easing U.S. monetary policy, geopolitical tensions, and record central bank purchases.

31 Dec 2024, 12:30
Market close

Major indices are set to close 2024 with strong gains

The S&P 500 and Dow are set to end the year with gains of over 23% and 14%, respectively, marking their best performances since 2021, while the Nasdaq has surged roughly 30%.

31 Dec 2024, 07:33
Market open

Nikkei climbs on Yen weakness; Oil poised for weekly gain

The Nikkei 225 advanced as a weak yen lifted exporters, while Tokyo inflation hinted at possible rate hikes. Oil steadied on China's stimulus bets and inventory declines, despite broader stagnation in crude prices.

27 Dec 2024, 07:51
Market open

Turkey delivers 250bps rate cut

US stock futures traded flat in holiday-thinned markets as Asian shares gained. Turkey cut rates sharply, citing moderating inflation, while Russia dismissed a ceasefire in Ukraine but left room for negotiations.

26 Dec 2024, 13:22
Market close

RBA minutes stoke speculation of February rate cut

RBA minutes reveal cautious optimism on inflation but hint a February rate cut hinges on key economic data.

24 Dec 2024, 13:09
Market close

Year-end Forex markets slow

Forex markets wind down amid holiday calm, with central bank minutes from the BoJ, BoC, and RBA, alongside key data releases, shaping the week’s economic narrative.

23 Dec 2024, 12:37
Market close