Market Minutes

Read snapshots of the latest market news

Gold's five-day winning streak continues

Gold hit a new high of $2,720 per ounce last week, reaching above $2,730 on Monday during Asian trading, marking its fifth consecutive day of gains.

Sterling gains on strong retail sales

Sterling rose on strong retail sales data, while Japan's inflation slowed, China's growth remained under pressure, and gold hit a record high amid geopolitical concerns

Gold at ATH, ECB cuts rates

Gold prices pushed through the $2700 resistance to claim $2714 a new record high on market uncertainty

USD at August highs, markets await key US data

Retail sales and jobless claims are in focus as markets weigh the impact of consumer spending against labor market conditions

Sterling slumps as UK inflation declines sharply

Sterling slumped after UK inflation data showed a sharper-than-expected decline, fueling expectations of a Bank of England rate cut, while inflation trends in New Zealand and the US also point toward easing monetary policies

Euro weakens: ECB faces deflation risks

Soft inflation in Europe fuels ECB easing expectations, while mixed UK employment data eases BoE inflation worries

Markets await PPI to confirm inflation trend

Today’s PPI report and consumer sentiment could influence upcoming decisions on rate cuts.

U.S. inflation cools, but core prices stay sticky

U.S. inflation slowed to 2.4% in September, marking the sixth consecutive month of easing. However, core prices, driven by food and shelter costs, remain elevated, suggesting the Fed will maintain a cautious approach on rate cuts

Dollar strengthens, awaiting CPI data

ll eyes are now on the upcoming U.S. inflation data, with expectations of a 2.3% annual rise—the lowest in two years

Gold faces ongoing pressure amid strong U.S Dollar

Precious metal hovers near three-week low around $2,605 as market weighs Fed rate cut expectations and potential Middle East ceasefire