Market Minutes

Read snapshots of the latest market news

Gold struggles ahead of NFP data release

Market participants are awaiting the US Nonfarm Payrolls (NFP) report, which will influence the Fed's interest rate decisions and impact both the US Dollar and gold prices

Market open

Fed rate cut speculation gains momentum

Speculation over a December FOMC rate cut intensifies as Fed Governor Christopher Waller and New York Fed President John Williams emphasize data-dependency. Futures now price a 75% chance of a 25bps cut, but key economic reports, especially the upcoming NFP, could shift expectations.

Market close

Dollar climbs as PMI beats and tariff tensions rise

The ISM Manufacturing PMI beat expectations, boosting the dollar as markets focus on economic data, tariff threats, and upcoming central bank meetings.

Market open

Eurozone inflation rises; Tokyo CPI boosts BoJ rate speculation

Eurozone inflation ticks up to 2.3%, while Tokyo’s surging CPI strengthens expectations of a BoJ rate hike

Market close

The US Dollar dips ahead of key US data

Gold rallies to $2,650, buoyed by geopolitical tensions and Fed rate cut expectations.

Market open

Eurozone wage growth hits three-decade high, complicating ECB’s policy path

Eurozone wage growth surged to a 31-year high, UK inflation exceeded expectations, and China's central bank held rates steady amid ongoing economic challenges

Market close

Bitcoin, Nvidia, and inflation data steer the market

Nvidia surged 4% ahead of earnings, with shares tripling this year on soaring AI demand

Market open

Gold and safe-haven assets surge

European stocks fell and the euro weakened amid escalating Ukraine-Russia tensions, while gold surged as investors sought safe-haven assets

Market close

BoJ rates, XRP surge, Bitcoin rally, Tesla's leap

Japan's inflation data on Friday may signal a December rate hike; Q3 GDP raises doubts on further tightening.

Market open

Dollar nears 2-year high

The dollar index nears a two-year high as markets eye inflation data and central bank policies

Market close