Market Minutes
Read snapshots of the latest market news
Nikkei climbs on Yen weakness; Oil poised for weekly gain
The Nikkei 225 advanced as a weak yen lifted exporters, while Tokyo inflation hinted at possible rate hikes. Oil steadied on China's stimulus bets and inventory declines, despite broader stagnation in crude prices.
27 Dec 2024, 07:51
Turkey delivers 250bps rate cut
US stock futures traded flat in holiday-thinned markets as Asian shares gained. Turkey cut rates sharply, citing moderating inflation, while Russia dismissed a ceasefire in Ukraine but left room for negotiations.
26 Dec 2024, 13:22
RBA minutes stoke speculation of February rate cut
RBA minutes reveal cautious optimism on inflation but hint a February rate cut hinges on key economic data.
24 Dec 2024, 13:09
Year-end Forex markets slow
Forex markets wind down amid holiday calm, with central bank minutes from the BoJ, BoC, and RBA, alongside key data releases, shaping the week’s economic narrative.
23 Dec 2024, 12:37
PCE Inflation Data & Its Market Impact
The US PCE price index rose below expectations in November, signaling easing inflationary pressures, while UK retail sales posted modest gains but fell short of forecasts. Meanwhile, Japan’s finance minister warns against currency volatility as USD/JPY nears the pivotal 160 level amid surging Treasury yields.
20 Dec 2024, 14:15
U.S. Tightens, China Holds: Markets await PCE data
China’s central bank kept rates steady, with the one-year LPR at 3.1% and the five-year at 3.6%, amid yuan weakness
20 Dec 2024, 07:05
Hawkish vs. Dovish Policies – Fed & BoE Market Reactions
The BoE signaled dovish, the BoJ held its stance, and the Fed cut rates while signaling caution on future easing.
19 Dec 2024, 13:05
FOMC rate decision takes center stage today
The Federal Reserve is expected to announce a 25bps rate cut today, shifting market attention to updated economic projections, with a key focus on the pace of easing in 2025 and the neutral rate outlook.
18 Dec 2024, 13:04
Gold dips as markets await Fed decision
Traders remain cautious ahead of the Federal Reserve policy decision, with limited movement across assets
18 Dec 2024, 05:44
ECB will lower rates further
ECB President Christine Lagarde hints at potential rate cuts as inflation risks ease, while global PMI data shows mixed signals of economic momentum across major economies.
16 Dec 2024, 12:51