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Market Minutes
Read snapshots of the latest market news
Gold prices drop in Asia, Copper hits four-month lows
Other safe havens, including the yen, gained strength over the past week. The yen rose as traders closed short positions in response to suspected market intervention by Tokyo.
25 Jul 2024, 08:47
Dollar boosted by risk-off sentiment
Gold trading near a multi-day low around the $2,420 mark, driven by a stronger US Dollar and profit-taking following a recent rally.
19 Jul 2024, 07:50
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
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
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
WTI rises to $83.74 after large inventory drawdown
Markets change direction after Powell’s dovish comments on inflation
3 Jul 2024, 07:31
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
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
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
S&P 500 at ATH, UK growth remains flat
Asian markets face selling pressure; Chinese indices weaken post CPI inflation data release
12 Jun 2024, 06:47