Market Minutes
Read snapshots of the latest market news
Gold faces pressure in Asian session
Market participants are eagerly awaiting new US economic data and upcoming speeches from Federal Reserve policymakers for further insights on future policy directions
Germany inflation rate rises to 2.4% in May
Germany's inflation rate rose to 2.4% in May, potentially not influencing the ECB's upcoming interest rate decision but the tone.
Goldman revises Fed cut timeline as economic strength persists
Goldman Sachs postpones its Fed rate cut forecast to September, citing persistent economic resilience.
Gold prices hover near two-week lows
Gold prices tumbled overnight, hovering near two-week lows around $2,336, marking the first weekly loss in three weeks.
UK CPI data boosts GBP/USD
Stronger-than-expected UK inflation data leads to a notable increase in the GBP/USD pair
Fed's Bostic sees higher rates; BoE's Broadbent hints at cut
Atlanta Fed President Raphael Bostic predicts a higher long-term interest rate, while BoE Deputy Governor Ben Broadbent signals a potential rate cut this summer amidst ongoing inflation adjustments.
Gold and silver surge to record high
Gold prices soar to a historic pinnacle of $2,450 and silver at $32,28
Closeup on markets ahead of US PPI Data and Powell's speech
Precious metals shine despite strengthening US dollar, as markets are cautious ahead of inflation figures
Daly debates Fed rate amid inflation uncertainty
San Francisco Fed President Mary Daly weighs the Federal Reserve's potential interest rate decisions amidst uncertain inflationary trends, highlighting the dual scenarios influencing policy deliberations.
April Nonfarm Payrolls disappoints
Non-farm and private sector employment fall short of expectations, signaling a slower-than-anticipated pace of job creation.