Market Minutes
Read snapshots of the latest market news
Yen strengthens amid BoJ rate hike comments
Traders are anticipating the release of the January labor market data, with expectations for 170,000 jobs to be added
7 Feb 2025, 06:51
Bank of England cuts rates amid inflation concerns and slowing growth
The Bank of England lowered interest rates by 25 basis points to 4.5% on Thursday, balancing a sharper inflation outlook against weakening economic growth. Two policymakers, Catherine Mann and Swati Dhingra, dissented, calling for a deeper cut to 4.25%.
6 Feb 2025, 12:48
BoE decision, US job data: global market impacts and outlook
As markets await jobless claims, a weaker labor market could bolster the case for further Fed rate cuts amid economic slowdown concerns
6 Feb 2025, 06:44
Who doesn’t like a safe-haven in this scenario?
Gold surged to a record high as escalating US-China trade tensions and geopolitical uncertainty fueled haven demand.
5 Feb 2025, 11:53
PCE prices rise in line with forecasts
An in-line PCE report left bonds unmoved but reinforced rising inflation pressures, keeping yields elevated.
31 Jan 2025, 14:55
Australia’s inflation cools, RBA rate cut bets rise
Australia’s inflation cooled more than expected in Q4, strengthening expectations for an RBA rate cut, while markets also await key decisions from the BoC and Fed.
29 Jan 2025, 11:52
U.S. PMI data in focus
Eurozone PMI rose to 50.2 in January, driven by Germany’s rebound, while inflation pressures persist.
24 Jan 2025, 13:21
BoJ rate hike boosts yen strength
The Bank of Japan raised its benchmark rate by 25 basis points to 0.5%, signaling a pivotal shift to tackle persistently low real interest rates
24 Jan 2025, 06:56
US jobless claims rise above estimates
US jobless claims increased slightly last week, while oil markets remained cautious amid a mixed economic backdrop.
23 Jan 2025, 14:31
Jobless claims anticipation lifts Dollar, pressures gold
Market focus is on the European Commission's advanced Consumer Confidence report and US Initial Jobless Claims data
23 Jan 2025, 07:29