Market Minutes

Read snapshots of the latest market news

US shutdown fears rise as gold hits record high

The Dollar Index closed slightly lower amid rising risks of a US government shutdown. If Congress fails to reach agreement, the Bureau of Labor Statistics could delay publication of employment data. In parallel, gold reached a new all-time high as investors sought safe-haven assets.

30 Sep 2025, 01:21
US shutdown fears rise as gold hits record high

PCE meets forecasts as gold and oil edge higher

Personal consumption expenditures (PCE) inflation data arrived in line with analysts’ expectations, albeit with a slight acceleration in the headline measure. Although the release contained no major surprises, it suggests the tariff impact on prices is not yet visible in the data. In response, the dollar eased modestly, gold rose, and US equity indices appreciated into the close.

26 Sep 2025, 23:42
PCE meets forecasts as gold and oil edge higher

Stronger GDP and job growth boost optimism in US markets

US equity markets declined on renewed doubts about the viability of further Fed cuts. Weekly jobless-benefit data fell, monthly durable-goods orders surprised to the upside, and the latest Q2 GDP revision beat expectations—all of which underscore the strength of the US economy.

26 Sep 2025, 01:15
Stronger GDP and job growth boost optimism in US markets

US home sales beat estimates as Fed tone shifts markets

New home sales in the US surprised to the upside, reaching a three-year high. The print may reflect the recent decline in long-term reference rates, although many analysts regard it as a one-off outlier that is likely to normalise in coming months. Meanwhile, equity markets closed lower amid the Fed’s cautious tone and heightened uncertainty.

24 Sep 2025, 22:53
US home sales beat estimates as Fed tone shifts markets

High market prices and economic challenges highlighted in Powell’s warning

The Chair of the Federal Reserve (Fed) stated that the FOMC sees a minimal but present risk of stagflation in the US economy and will not pre-commit to further cuts without supporting data. When questioned about financial stability, he added that the Fed does not perceive systemic risks, though asset valuations are considered elevated.

24 Sep 2025, 01:28
High market prices and economic challenges highlighted in Powell’s warning

Bank of England keeps rates on hold, pound under pressure

The Bank of England (BoE) kept its benchmark interest rate unchanged at 4%, while slowing the pace of its quantitative tightening (QT) programme. Meanwhile, equity markets advanced across the board following the Federal Reserve’s (Fed) decision to cut interest rates.

18 Sep 2025, 22:06
Bank of England keeps rates on hold, pound under pressure

Fed lowered interest rates; markets react mixed

The Federal Reserve decided to lower its interest rates by 25 basis points. The central bank’s economic estimates showed improvements in expected economic growth, while employment and inflation estimates for the end of 2025 remained unchanged. Stock markets in the US reacted mixed, while the Dollar Index closed up 0.4%.

18 Sep 2025, 03:17
Fed lowered interest rates; markets react mixed

Central banks in focus; diverging currency trends emerge

During the week, monetary policy decisions by several major central banks will be announced. On Wednesday, September 17, the Federal Reserve and the Bank of Canada will present their benchmark rate decisions. Meanwhile, on Thursday 18 and Friday 19 it will be the turn of the Bank of England and the Bank of Japan, respectively.

16 Sep 2025, 00:56
Central banks in focus; diverging currency trends emerge

Gold prices hit fresh record as fed rate cut bets build

Gold hits record near $3,660 as weak US jobs data boosts Fed rate-cut bets. Dollar slips, euro pressured by French political turmoil.

9 Sep 2025, 09:17
Gold prices hit fresh record as fed rate cut bets build

ECB expected to pause as fed looks to us inflation data

The European Central Bank (ECB) is widely expected to keep rates unchanged this week, while the Federal Reserve faces growing pressure ahead of key U.S. inflation releases. Global markets remain sensitive to signs of monetary policy shifts, with investors watching Europe, the U.S., and Asia for clues on growth and price dynamics.

8 Sep 2025, 09:26
ECB expected to pause as fed looks to us inflation data