Market Minutes
Read snapshots of the latest market news
Dollar drops as tariff confusion reignites and trade talks drag on
The dollar extended its decline as conflicting messages from President Trump over EU tariffs revived uncertainty, while investors braced for a week dominated by geopolitical headlines rather than economic data.
Dollar sinks on debt worries and tariff tensions
The US dollar fell sharply this week as debt concerns, political wrangling over Trump's budget bill, and escalating tariff pressure on the EU weighed on sentiment. Meanwhile, UK retail sales beat expectations and Japan's core inflation surged to a 2-year high.
OPEC+ considers third straight output hike as oil drops toward $60
OPEC+ is weighing a third consecutive production hike of 411,000 barrels per day for July, as crude prices sink and forecasters turn bearish on oil demand for the rest of 2025.
UK inflation surges to 3.5%, markets slash rate-cut bets
UK inflation jumped to a 15-month high of 3.5% in April, driven by energy and administered price increases, prompting markets to scale back expectations for further rate cuts by the Bank of England.
Gold holds above $3,200 as risk sentiment stays firm
Gold prices remain under pressure but resilient above $3,200 amid a stronger risk-on environment, as markets weigh dovish Fed signals, trade developments, and China’s and Australia’s fresh rate cuts.
Markets pull back as Moody’s downgrades US credit
Global stocks retreated and Treasury yields rose after Moody’s downgraded the US credit rating, reviving concerns about fiscal discipline and debt sustainability. Meanwhile, upcoming inflation data and central bank decisions are set to shape the week’s tone.
Markets seek fresh catalysts
The US dollar weakened and equities paused after a strong week, as investors digested mixed economic signals and moderated their optimism following the US-China tariff truce.
US inflation cools, but markets remain wary amid trade uncertainty
Headline CPI in the US rose less than expected in April, easing inflation concerns
CPI in focus today
Markets surged on renewed risk appetite after a breakthrough US-China trade truce, while investors brace for US CPI data to gauge the early effects of tariff-induced inflation.
Markets edge higher on US-China trade deal
Equities rose globally after a surprise US-China trade agreement was announced, but cautious investor sentiment lingers ahead of a packed week of economic data expected to reveal early signs of tariff-driven inflation and slowing demand.