Market Minutes

Read snapshots of the latest market news

US–China tariff talks: Three potential outcomes ahead of truce deadline

Washington and Beijing prepare for high-stakes negotiations in Stockholm to extend their tariff truce, with markets eyeing three scenarios ranging from a Phase One revival to a complete breakdown in talks.

Trump tours Fed and reignites pressure on Powell: “Rates have to come down”

In a rare visit to the Federal Reserve, Trump clashes with Chair Powell over renovation costs and repeats his demand for lower interest rates, raising concerns over Fed independence.

ECB to hold fire as Trump tariff risks cloud global outlook

The European Central Bank is expected to pause its record easing cycle amid rising trade uncertainty, persistent tariff threats from the U.S., and fragile global diplomatic ties.

Dollar finds footing amid Japan trade deal

Dollar index steadies around 97.5 after a three-day decline, supported by fresh trade agreements.

Aussie softens as RBA minutes confirm dovish bias

Tariff deadline, trade diplomacy, and Fed criticism shape cautious market tone.

Yen edges higher as Japan election reshapes political outlook

Markets digest Japan's historic upper house loss, shifting focus to fiscal loosening and trade tensions.

Japan CPI cools, but Fed policy remains divided on tariff response

Japan’s inflation slowed to a 7-month low in June, while Fed officials clashed over the need for a July rate cut as tariff uncertainty clouds the U.S. outlook.

Markets watch Powell's reactions

President Trump’s comments on Fed Chair Jerome Powell, global tariff warnings, and Iraq oil disruptions drove market focus on Thursday, while UK and Australian jobs data increased pressure on central banks.

UK inflation hits 2024 peak at 3.6%

UK inflation surged to 3.6% in June 2025, hitting a new yearly high and complicating the Bank of England’s outlook for interest rate cuts. Meanwhile, President Donald Trump secured a new trade agreement with Indonesia, lowering tariffs to 19% ahead of the August 1 deadline.

EU delays retaliation after Trump’s surprise tariff escalation

The euro remained stable Monday as President Trump shocked markets with 30% tariffs on EU goods, while central banks brace for a critical week of inflation data across major economies.