Market Minutes

Read snapshots of the latest market news

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.

All eyes on FOMC meeting and Powell’s comments

Amidst economic ambiguity, market awaits insights from the upcoming Fed meeting