Market Minutes

Read snapshots of the latest market news

Recession concerns drag Wall Street lower

Wall Street plunged as recession fears deepened, the euro hit a four-month high, and geopolitical tensions escalated with stalled U.S.-China trade talks and Ukraine's latest drone strike on Russia.

Gold faces resistance near $2,900

Investor sentiment remains fragile due to uncertainties in global trade policies and economic stability, prompting some safe-haven demand

Five key U.S. economic data points to watch this week

Investors are set to analyze key U.S. economic data releases this week, with reports on job openings, inflation, and consumer sentiment shaping market sentiment and Federal Reserve policy expectations.

China's deflation drags oil down

Return to deflation raises concerns over domestic demand and trade tensions in China

Markets cautious on tariff risk

Financial markets remain wary as Trump reaffirms tariffs on Mexico and Canada, the UN adopts a Ukraine resolution, and central banks signal diverging paths on interest rates.

Gold volatile as markets await Trump and Powell

Attention is split between global trade tensions, Federal Reserve commentary, and the direction of major assets like currencies and gold

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.

China expands Gold reserves for a second month

China boosted gold reserves for a second month in December, while Eurozone inflation hit a five-month high of 2.4%, highlighting diverging market dynamics.

Global markets show mixed signals amid persistent uncertainty

Global stock markets presented a mixed picture on Friday as Asian equities rallied and European futures slipped. Investors remained cautious, navigating geopolitical tensions and reassessing economic prospects ahead of key US manufacturing data.

Major indices are set to close 2024 with strong gains

The S&P 500 and Dow are set to end the year with gains of over 23% and 14%, respectively, marking their best performances since 2021, while the Nasdaq has surged roughly 30%.