Market Minutes

Read snapshots of the latest market news

That September 50 basis point cut feels like a long time ago

US job growth in December surged to a nine-month high with 256,000 payroll gains, while the unemployment rate unexpectedly dropped to 4.1%, signaling labor market resilience despite economic headwinds.

10 Jan 2025, 13:56
That September 50 basis point cut feels like a long time ago

Volatility looms across markets

The US Non-Farm Payroll (NFP) report, expected to reveal stable earnings growth but a slight decline in employment changes

10 Jan 2025, 07:50
Volatility looms across markets

Pound struggles amid bond market turmoil

Sterling slumped as surging UK bond yields and growing concerns over fiscal stability rattled financial markets.

9 Jan 2025, 12:53
Pound struggles amid bond market turmoil

Markets await NFP amid mixed labor signals

December Nonfarm Payrolls are expected to show a 220,000 increase, well above November’s 160,000

9 Jan 2025, 07:15
Markets await NFP amid mixed labor signals

Trump weighs emergency declaration to advance tariff agenda

President-elect Donald Trump is considering invoking a national economic emergency to implement sweeping tariffs, while the British pound tumbles to an eight-month low amid a surging US dollar and trade policy concerns.

8 Jan 2025, 13:17
Trump weighs emergency declaration to advance tariff agenda

China expands Gold reserves for a second month

China boosted gold reserves for a second month in December, while Eurozone inflation hit a five-month high of 2.4%, highlighting diverging market dynamics.

7 Jan 2025, 14:01
China expands Gold reserves for a second month

Tariffs drama

The dollar dropped after the Washington Post reported that Donald Trump’s aides are exploring tariffs that would apply to every country, but only cover critical imports.

6 Jan 2025, 12:55
Tariffs drama

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
Energy & Trade Tensions Weigh on European Currencies

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
Global markets show mixed signals amid persistent uncertainty

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
UK manufacturing PMI drops to 47 as economic pressures mount