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
Gold faces ongoing pressure amid strong U.S Dollar

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
Japan's Yen worries resurface as RBNZ eyes rate cut

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
Global services PMI data lead today's calendar

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
US PCE inflation falls to 2.2% in August

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
Gold eases after record high; silver holds steady

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
RBA set to hold, while SNB may consider bold rate move

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
FOMC decision day

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
Dollar slumps as markets raise odds of 50bps Fed rate cut

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
US unemployment rate falls to 4.2%; Canada's rises to 6.6% in August 2024

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
Global markets react to weak US manufacturing data