Market Minutes
Read snapshots of the latest market news
Japan's Yen worries resurface as RBNZ eyes rate cut
Japan's yen faces renewed pressure as verbal interventions from officials signal growing concern over a potential drop below the 150 level, while the RBNZ is expected to cut rates to counter inflation risks amid a cooling economy
7 Oct 2024, 13:25
NFP data pending
The dollar slipped from six-week high; up 1.5% for the week amid strong labor data and Middle East tensions
4 Oct 2024, 11:57
Global services PMI data lead today's calendar
Key reports on the radar include services PMI data from major global economies, US jobless claims, the ISM PMI, and Durable Goods Orders
3 Oct 2024, 06:49
RBNZ widely expected to cut rates by 50 bp
New Zealand Dollar: Pressured by expectations of a 50-basis-point rate cut by the RBNZ, with an 87% probability priced in.
2 Oct 2024, 12:27
S&P 500 closes at new record high, recovering from an earlier dip
Dow Jones and Nasdaq post gains alongside the S&P 500 for September and Q3
1 Oct 2024, 13:05
US PCE inflation falls to 2.2% in August
PCE price growth slowed from 2.5% yoy to 2.2% yoy, below expectation of 2.3%
27 Sep 2024, 13:21
Citi expects the yen to weaken
Citi Bank projects the USD/JPY possibly reaching 150 by late 2024 but falling below 140 in early 2025.
27 Sep 2024, 08:01
Gold eases after record high; silver holds steady
The U.S. dollar’s slight rise softened gold prices, but Fed easing could limit the impact
25 Sep 2024, 06:41
RBA set to hold, while SNB may consider bold rate move
RBA is expected to hold rates steady and the SNB faces pressure to weaken the Swiss franc with a potential aggressive rate reduction.
23 Sep 2024, 12:39
FOMC decision day
Investors await the outcome of one of the most closely watched Federal Reserve meetings in years, with uncertainty over a 25 or 50 basis point cut fueling expectations of market volatility
18 Sep 2024, 13:10