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
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.
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.
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
The US Dollar dips ahead of key US data
Gold rallies to $2,650, buoyed by geopolitical tensions and Fed rate cut expectations.
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
Bitcoin, Nvidia, and inflation data steer the market
Nvidia surged 4% ahead of earnings, with shares tripling this year on soaring AI demand
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
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.
Dollar nears 2-year high
The dollar index nears a two-year high as markets eye inflation data and central bank policies