Market Minutes
Read snapshots of the latest market news
Gold faces ongoing pressure amid strong U.S Dollar
Precious metal hovers near three-week low around $2,605 as market weighs Fed rate cut expectations and potential Middle East ceasefire
9 Oct 2024, 06:59
Japan's Yen worries resurface as RBNZ eyes rate cut
Japan's yen faces renewed pressure as verbal interventions from officials signal growing concern over a potential drop below the 150 level, while the RBNZ is expected to cut rates to counter inflation risks amid a cooling economy
7 Oct 2024, 13:25
Global services PMI data lead today's calendar
Key reports on the radar include services PMI data from major global economies, US jobless claims, the ISM PMI, and Durable Goods Orders
3 Oct 2024, 06:49
US PCE inflation falls to 2.2% in August
PCE price growth slowed from 2.5% yoy to 2.2% yoy, below expectation of 2.3%
27 Sep 2024, 13:21
Gold eases after record high; silver holds steady
The U.S. dollar’s slight rise softened gold prices, but Fed easing could limit the impact
25 Sep 2024, 06:41
RBA set to hold, while SNB may consider bold rate move
RBA is expected to hold rates steady and the SNB faces pressure to weaken the Swiss franc with a potential aggressive rate reduction.
23 Sep 2024, 12:39
FOMC decision day
Investors await the outcome of one of the most closely watched Federal Reserve meetings in years, with uncertainty over a 25 or 50 basis point cut fueling expectations of market volatility
18 Sep 2024, 13:10
Dollar slumps as markets raise odds of 50bps Fed rate cut
The dollar weakened significantly after market participants raised the probability of a 50bps rate cut by the Fed next week.
13 Sep 2024, 13:46
US unemployment rate falls to 4.2%; Canada's rises to 6.6% in August 2024
US NFP repot slightly lower than expected; unemployment rate drops to 4.2%
6 Sep 2024, 13:28
Global markets react to weak US manufacturing data
US manufacturing activity fell short of expectations, Brent crude prices hit a low since December 2023 due to demand concerns
3 Sep 2024, 14:18