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Read snapshots of the latest market news
Fed rate-cut odds climb on softer-than-expected ADP data
Private payroll data from ADP surprised to the downside in November, registering a contraction that reinforced markets’ expectations of Federal Reserve easing. The ISM services PMI, by contrast, showed continued resilience in the US services sector. Outside the US, Australia’s GDP decelerated in Q3, while US crude inventories recorded a modest build.
3 Dec 2025, 22:27
EU inflation tick lifts euro as BoE, OECD warn of risks
The euro registered a modest gain after European Union inflation accelerated slightly more than expected. At the same time, the Bank of England and the OECD issued warnings about financial-stability risks stemming from elevated valuations in AI-linked equities and broader trade-policy uncertainty.
3 Dec 2025, 00:12Supply fears help oil rise while US and China PMIs decline
Brent and WTI futures rose modestly as supply concerns stemming from geopolitical incidents in Russia and Venezuela offset OPEC+’s decision to maintain its first-quarter 2026 production target. At the same time, recent purchasing-managers’ indices signalled cooling manufacturing activity in both China and the United States, adding to the sense of a fragile global demand backdrop.
1 Dec 2025, 22:21Japan data strong yet yen stalls while dollar suffers
Stronger Japanese industrial output and retail sales failed to lift the yen, as inflation remains skewed to food and markets keep betting on a December Fed cut. The dollar is set for its weakest week since mid-year, with risk assets in charge and policy clarity still a few key data prints away.
28 Nov 2025, 11:21Dollar softens on firmer Fed cut odds and cautious BoJ hikes
The dollar stayed soft as markets price another Fed cut before year-end, even as a cautious BoJ signals room for gradual tightening and the ECB warns core inflation needs more cooling. U.S. equities firmed and 10-year yields dipped below 4%, reinforcing pressure on the greenback.
27 Nov 2025, 08:38Asia markets turn risk-on as confidence in a December Fed cut grows
Dovish Fed pricing kept risk assets bid in Asia, powering NZD and AUD while the yen stayed soft despite chatter of a near-term BoJ move. Focus now swings to the UK Autumn Budget.
26 Nov 2025, 07:51December cut priced in while markets eye delayed US figures
With a December Fed cut largely in the price, equities, bonds, and bullion have firmed while the dollar cools only at the margins. The next test is today’s catch-up prints—retail sales and PPI—unlikely to move the needle unless they deliver a genuine surprise.
25 Nov 2025, 09:01Yen falls ahead of UK budget review and RBNZ rate move
A quiet Asia session left the yen’s late-week bounce without follow-through, as BoJ delay bets, UK fiscal risk, an RBNZ cut, and a heavy US data backlog shaped the week’s opening tone.
24 Nov 2025, 09:00US markets lift despite growing uncertainty over inflation data
US equity markets staged a sizeable intraday recovery despite the Bureau of Labor Statistics announcing that October’s consumer-price index will not be published and that November’s CPI release will be delayed. The data gap increases uncertainty for the Federal Reserve ahead of its policy decision, prompting markets to place greater weight on private indicators.
21 Nov 2025, 21:45Fed minutes highlight splits while cut expectations drop
Minutes of the Federal Open Market Committee revealed a clear division among policymakers, prompting markets to scale back expectations of near-term easing and driving a notable appreciation of the dollar. At the same time, consumer-price inflation in the United Kingdom and euro-area slowed modestly, and oil prices fell despite a larger-than-expected weekly drop in US crude inventories.
19 Nov 2025, 23:57