Market Minutes
Read snapshots of the latest market news
Silver and gold reach record prices simultaneously
Silver and gold futures reached new all-time highs as investors sought safe havens amid geopolitical and economic uncertainty and in anticipation of monetary easing by the Federal Reserve.
Broadcom rallies after OpenAI deal; indices rebound
Broadcom's shares helped US markets recover after a strategic alliance between the semiconductor producer and OpenAI was announced.
US markets plunge following Trump's tariff announcement
US markets and the dollar index depreciated amid an escalation in trade tensions between the US and China. In turn, oil benchmarks fell, while gold reclaimed the $4,000 per ounce level.
Dollar rises amid expectations of Japanese monetary easing
The US dollar index has risen for four consecutive days, with the Japanese yen leading currency depreciations, while German trade data has shown a contraction in both exports and imports.
German production dips, RBNZ cuts rates
Today's report focuses on relevant economic data. Industrial production in Germany came in below estimates, registering its sharpest drop since August 2021. In turn, the Reserve Bank of New Zealand (RBNZ) surprised the market with an interest rate cut of 50 basis points, larger than analysts had estimated. Meanwhile, crude oil inventories in the US have been rising for two consecutive weeks, indicating a potential supply build-up.
Gold price reaches a record $4,000 amid ongoing US shutdown
Today's report focuses on relevant financial and political developments. The gold futures contract (GCZ5) reached $4,000 per ounce for the first time in its history, reflecting investors' continued search for safe-haven assets. Meanwhile, the government shutdown in the US continues due to Congress failing to reach a federal budget deal, complicating forecasts for the Fed's next decision.
AMD soars near highs on OpenAI deal; Nasdaq climbs
Today's report focuses on relevant financial and economic data. Chip producer AMD announced a strategic alliance with OpenAI that could lead to a considerable increase in revenue for the company. Consequently, positive market sentiment helped the Nasdaq100 index reach a new high. In turn, gold and Bitcoin achieved new records, showing a duality between the search for safe-haven assets and an appetite for risk.
US markets mixed amid absence of economic data
Today's report focuses on relevant political data and the weekly performance of key assets. The US government shutdown continues as Congress has failed to reach an agreement. Meanwhile, data from the ISM Services PMI showed a decline, with the indicator falling to 50 points, indicating neutrality. The weekly performance for US gold and equity markets was positive, while oil benchmarks and the dollar declined.
Trump discusses spending cuts linked to Democrats
Today’s report focuses on salient economic and political developments. US President Donald Trump has stated that he will seek to eliminate jobs and institutions linked to the Democratic Party, citing the need to reduce government spending. Meanwhile, the unemployment rate in the European Union has risen slightly, and exports in Australia have contracted.
US ADP jobs shrink as government shutdown takes effect
Today’s report focuses on several key economic data points. Private payrolls measured by ADP showed a contraction in the latest assessment. Eurozone inflation recorded a slight uptick. Meanwhile, crude-oil inventories rose more than expected, pressuring prices lower. All this occurred as the US government shutdown materialised amid disagreement in Congress.