Market Minutes
Read snapshots of the latest market news
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, 03:18
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, 00:58
U.S. consumer confidence contracts, as U.K. production falls
The University of Michigan’s consumer sentiment index deteriorated for a second straight month, moving back toward prior lows as households flagged tariff concerns and higher price expectations. In the U.K., both industrial and manufacturing output undershot forecasts, signaling stagnation. Equity markets also digested a strong debut from Gemini Space Station, while crude benchmarks firmed after reported Ukrainian drone strikes on Russia’s Primorsk oil port.
14 Sep 2025, 07:08
U.S. CPI rises as expected; ECB keeps rates steady
U.S. inflation ticked up in August broadly in line with forecasts, and markets largely held to expectations for upcoming Fed cuts. The ECB left policy unchanged, crude slipped on supply/inventory signals, and Washington moved to reset ties with New Delhi.
12 Sep 2025, 13:06
PPI slows, Fed cut odds rise; gold up
U.S. producer prices undershot expectations, reinforcing signals of cooling demand amid increasingly fragile labor data. Rate-cut odds for September rose, 2-year yields eased, the dollar was mixed, and gold hovered near record highs.
11 Sep 2025, 08:22
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
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
U.S. employment consolidates weakness; dollar and bonds correct
U.S. labor data softened across the board—fewer jobs, a higher jobless rate, and slower wage growth. The dollar slipped, equities edged lower, and gold set a new record. CME FedWatch now implies three rate cuts by year-end 2025.
5 Sep 2025, 20:00
ADP report below expectations; market awaits NFP
The ADP showed softer private hiring alongside higher jobless claims, sharpening the focus on Friday’s payrolls. ISM services surprised to the upside, while crude eased on a surprise inventory build and potential OPEC+ supply.
5 Sep 2025, 06:40
Ruling against U.S. tariffs sends equities lower; gold hits record highs
U.S. stocks fell after a federal appeals court declared most of President Trump’s tariffs illegal, even as enforcement remains in place pending Supreme Court review. Elevated uncertainty lifted volatility and propelled gold to a fresh all-time high.
3 Sep 2025, 07:42