Market Minutes

Read snapshots of the latest market news

Stronger-than-expected job growth pressures gold

Market expects less dovish stance from the Federal Reserve

7 Jun 2024, 12:54

ECB cuts rates to 3.75%, future moves unclear

The ECB cuts its deposit rate to 3.75% but leaves future policy moves uncertain amid an improved inflation outlook.

6 Jun 2024, 13:31

Bank of Canada cuts rates for first time in four years

The Bank of Canada reduced its key interest rate by 25 basis points to 4.75% in June 2024, marking an end to 11 months of peak rates. The decision follows lower-than-expected GDP growth and signs of easing inflation.

5 Jun 2024, 14:11

PCE matches expectations as gold holds steady around $2,360

PCE at 2.7% YoY, matching both expectations and the previous month

31 May 2024, 13:57

Gold faces pressure in Asian session

Market participants are eagerly awaiting new US economic data and upcoming speeches from Federal Reserve policymakers for further insights on future policy directions

30 May 2024, 06:50

Germany inflation rate rises to 2.4% in May

Germany's inflation rate rose to 2.4% in May, potentially not influencing the ECB's upcoming interest rate decision but the tone.

29 May 2024, 13:50

Goldman revises Fed cut timeline as economic strength persists

Goldman Sachs postpones its Fed rate cut forecast to September, citing persistent economic resilience.

24 May 2024, 14:11

UK CPI data boosts GBP/USD

Stronger-than-expected UK inflation data leads to a notable increase in the GBP/USD pair

22 May 2024, 07:41

Fed's Bostic sees higher rates; BoE's Broadbent hints at cut

Atlanta Fed President Raphael Bostic predicts a higher long-term interest rate, while BoE Deputy Governor Ben Broadbent signals a potential rate cut this summer amidst ongoing inflation adjustments.

20 May 2024, 14:10

April Nonfarm Payrolls disappoints

Non-farm and private sector employment fall short of expectations, signaling a slower-than-anticipated pace of job creation.

3 May 2024, 13:45