Market Minutes
Read snapshots of the latest market news
Who doesn’t like a safe-haven in this scenario?
Gold surged to a record high as escalating US-China trade tensions and geopolitical uncertainty fueled haven demand.
The U.S. dollar rose as yields diverged
Market sentiment took a hit as Donald Trump announced 25% tariffs on Canadian and Mexican imports and 10% tariffs on Chinese goods, reigniting trade war concerns
PCE prices rise in line with forecasts
An in-line PCE report left bonds unmoved but reinforced rising inflation pressures, keeping yields elevated.
Australia’s inflation cools, RBA rate cut bets rise
Australia’s inflation cooled more than expected in Q4, strengthening expectations for an RBA rate cut, while markets also await key decisions from the BoC and Fed.
Markets steady as AI selloff eases; tariffs in focus
President Trump wants to impose across-the-board tariffs that are "much bigger" than 2.5% to reshape US supply chains and protect American workers and businesses.
DeepSeek sparks tech sell-off
Global markets reel as China's DeepSeek disrupts AI dominance, while pivotal central bank decisions from the Fed, BoC, and ECB set the stage for a data-packed week.
U.S. PMI data in focus
Eurozone PMI rose to 50.2 in January, driven by Germany’s rebound, while inflation pressures persist.
BoJ rate hike boosts yen strength
The Bank of Japan raised its benchmark rate by 25 basis points to 0.5%, signaling a pivotal shift to tackle persistently low real interest rates
US jobless claims rise above estimates
US jobless claims increased slightly last week, while oil markets remained cautious amid a mixed economic backdrop.
Jobless claims anticipation lifts Dollar, pressures gold
Market focus is on the European Commission's advanced Consumer Confidence report and US Initial Jobless Claims data