Market Minutes
Read snapshots of the latest market news
USD at August highs, markets await key US data
Retail sales and jobless claims are in focus as markets weigh the impact of consumer spending against labor market conditions
17 Oct 2024, 07:17
Sterling slumps as UK inflation declines sharply
Sterling slumped after UK inflation data showed a sharper-than-expected decline, fueling expectations of a Bank of England rate cut, while inflation trends in New Zealand and the US also point toward easing monetary policies
16 Oct 2024, 13:02
Euro weakens: ECB faces deflation risks
Soft inflation in Europe fuels ECB easing expectations, while mixed UK employment data eases BoE inflation worries
15 Oct 2024, 07:35
Markets await PPI to confirm inflation trend
Today’s PPI report and consumer sentiment could influence upcoming decisions on rate cuts.
11 Oct 2024, 08:08
U.S. inflation cools, but core prices stay sticky
U.S. inflation slowed to 2.4% in September, marking the sixth consecutive month of easing. However, core prices, driven by food and shelter costs, remain elevated, suggesting the Fed will maintain a cautious approach on rate cuts
10 Oct 2024, 13:32
Dollar strengthens, awaiting CPI data
ll eyes are now on the upcoming U.S. inflation data, with expectations of a 2.3% annual rise—the lowest in two years
10 Oct 2024, 07:21
Gold faces ongoing pressure amid strong U.S Dollar
Precious metal hovers near three-week low around $2,605 as market weighs Fed rate cut expectations and potential Middle East ceasefire
9 Oct 2024, 06:59
Gold prices pull back from record highs
Gold prices were pinned under pressure, as traders anticipated smaller Fed rate cuts and investors flocked to the dollar amid geopolitical uncertainty.
8 Oct 2024, 10:20
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