Breaking Data

Latest stock market data plus index, currencies, and commodities performance

Fed minutes, UK inflation, and RBNZ decision set the tone for a pivotal week

This week is packed with market-moving events, from the Federal Reserve’s July minutes to inflation reports across Europe and Asia, alongside fresh policy decisions from New Zealand and China.

US core CPI jumps in July, pressuring Fed cut hopes

July’s inflation data showed the fastest monthly rise in core consumer prices since January, led by a rebound in services and vehicle costs, while tariff-related price pressures eased.

Trump extends China tariff truce for 90 days, easing trade war fears

The White House’s move delays a planned tariff hike on Chinese goods until November, giving Washington and Beijing more time to resolve disputes on rare earths, energy imports, and technology exports.

Trump Wins as 47th President of the United States

Trump’s historic return to the White House triggers market surges and shifts in economic sentiment as he overperformed his 2020 results in several regions

BoE surprises with an interest rate cut

The BoE showed an increased willingness to tolerate data misses and vote to cut interest rates today. But going forward, the pace of monetary loosening to come looks set to be slow and gradual.

US June retail sales numbers show consumer spending continuing to weaken

Today's report shows consumer spending continuing to slowly soften, presenting no obstacle to hold the Fed back from cutting interest rates.

US CPI report gives the Fed the green light to start cutting interest rates

Today's report showed disinflationary pressures to be widespread across the US economy. Reasons for the Fed to delay cutting rates are becoming few and far between.

US PCE and personal spending numbers open the door wider for a September interest rate cut

With core PCE growing increasingly slowly while personal spending stalls, the case for cutting interest rates continues to strengthen.

Ethereum price skyrockets amid spot ETF approval speculation

Ethereum's price surged to a two-month high of $3,700 as analysts significantly increased the likelihood of U.S. approval for spot Ethereum ETFs amidst potential political pressure on the SEC.

FOMC message is that rate cuts remain on the table, but with less certainty on when they will ultimately be delivered

In the meantime, market 'buy-in' to the Fed's message is showing signs of weakening