Market Minutes

Read snapshots of the latest market news

Market rotation to Cyclical stocks amid volatility

Investors pulled out of growth stocks overnight, continuing with a rotation into cyclical stocks such as financials ahead of PCE data this Friday.

GBP/USD struggles to hold above 1.32

The pair retreats from multi-month highs after leading as a top performer in August

Japan's CPI rises to 2.7% in July

Japan's consumer prices rose to 2.7% in July, but core inflation slowed to 1.9%, the lowest since 2022.

All roads lead to Jackson Hole

Jerome Powell’s highly anticipated Jackson Hole address will shape expectations on rate cuts and recession concerns.

Gold hits all-time high

Spot gold prices hit a record $2,499 per ounce on Friday, driven by disappointing U.S. housing data that sparked renewed concerns over economic stability

US jobless claims decline, retail sales surge

U.S. labor market data released Thursday showed initial jobless claims declining more than expected last week, while retail sales surged in July

Gold prices slip ahead of US CPI

Gold prices fell for the second day as markets reacted to soft UK CPI and anticipated US inflation data, with a high-risk appetite pressuring the metal

US producer inflation cooler than expected In July

U.S. inflation pressure softens with a modest PPI increase, while the UK sees an unexpected drop in unemployment

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%