Market Minutes
Read snapshots of the latest market news
SEC X account hacked, false ETF claim spreads
The US Securities and Exchange Commission (SEC) saw its X account hacked for a brief time, with a post claiming it has approved listings for Bitcoin ETF
Tokyo's core inflation eases; Nikkei soars to 34-year high
Tokyo's inflation decelerates, affirming BOJ's policy stance; Nikkei surges on tech stock rally
Fed sees rates staying high for some time with cuts eyed in 2024
FOMC hints at easing in 2024 while maintaining current rates; China's services PMI hits a 5-month high
US dollar starts 2024 with significant gains
Global markets await US NFP data this week
Manufacturing rises in China; US stocks and Dollar on upward trend
China's PMI hits 4-month high, while US markets reflects optimism amid Fed policy reassessment
Japan's inflation hits 16-month low
The annual inflation rate in Japan dropped to 2.8% in November 2023 from 3.3% in October, pointing to the lowest print since July 2022
PBoC holds firm on rates
The People's Bank of China (PBoC) kept its benchmark lending rates unchanged at record lows
Eurozone inflation growth slows
Euro climbs post-inflation data
Asian markets stumble, central banks in focus
Investor caution ahead of key central banks decisions; Dollar strengthens on hawkish Fed tone
Moody’s downgrade weighs on oil markets
Traders are cautiously awaiting US ADP Employment Change data, while uncertainty looms over the Federal Reserve's potential interest rate cuts.