Market Minutes

Read snapshots of the latest market news

Year-end Forex markets slow

Forex markets wind down amid holiday calm, with central bank minutes from the BoJ, BoC, and RBA, alongside key data releases, shaping the week’s economic narrative.

PCE prices rise less than expected

The US PCE price index rose below expectations in November, signaling easing inflationary pressures, while UK retail sales posted modest gains but fell short of forecasts. Meanwhile, Japan’s finance minister warns against currency volatility as USD/JPY nears the pivotal 160 level amid surging Treasury yields.

U.S. Tightens, China Holds: Markets await PCE data

China’s central bank kept rates steady, with the one-year LPR at 3.1% and the five-year at 3.6%, amid yuan weakness

Fed's hawkish cut vs. BoE's dovish stand

The BoE signaled dovish, the BoJ held its stance, and the Fed cut rates while signaling caution on future easing.

FOMC rate decision takes center stage today

The Federal Reserve is expected to announce a 25bps rate cut today, shifting market attention to updated economic projections, with a key focus on the pace of easing in 2025 and the neutral rate outlook.

Gold dips as markets await Fed decision

Traders remain cautious ahead of the Federal Reserve policy decision, with limited movement across assets

ECB will lower rates further

ECB President Christine Lagarde hints at potential rate cuts as inflation risks ease, while global PMI data shows mixed signals of economic momentum across major economies.

US inflation meets expectations at 2.7% in November

The US inflation rate rose to 2.7% year-on-year in November, matching market expectations. Core CPI remained steady at 3.3%, aligning with forecasts. Both headline and core readings reflected anticipated increases

China's monetary pivot fuels market optimism

Chinese equities surged after a policy pivot to a more dovish monetary stance for 2025, while global central banks brace for a pivotal week in rate decisions.

Dollar and Bitcoin rebound, Euro slips

Markets in flux ahead of key data this week

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