Help
Market Minutes
Read snapshots of the latest market news
Market slows before major central bank meetings
A quiet market session anticipates major central bank meetings and key economic data releases later this week.
June PCE data shows modest inflation
Core PCE prices and real consumer spending both increased by 0.2%
US economy surpasses growth expectations
The US economy grew 2.8% in Q2 2024, surpassing the 2.0% forecast, with strong consumer spending and investment.
Gold prices drop in Asia, Copper hits four-month lows
Other safe havens, including the yen, gained strength over the past week. The yen rose as traders closed short positions in response to suspected market intervention by Tokyo.
Dollar boosted by risk-off sentiment
Gold trading near a multi-day low around the $2,420 mark, driven by a stronger US Dollar and profit-taking following a recent rally.
Prevailing risk-on sentiment
Markets anticipate the Fed will begin rate cuts in September, keeping US Treasury bond yields at multi-month lows.
BoE’s Dhingra calls for rate normalization
BoE’s Swati Dhingra urges immediate interest rate normalization, citing weak UK demand and stable inflation
U.S. inflation rate hits lowest point in a year
U.S. inflation hit a year-low at 3% in June, spurring rate cut expectations
Leftist coalition secures victory in France
Markets react to an unexpected victory by a left-wing coalition in France’s legislative election.
WTI rises to $83.74 after large inventory drawdown
Markets change direction after Powell’s dovish comments on inflation