Market Minutes

Read snapshots of the latest market news

US inflation meets expectations at 2.7% in November

The US inflation rate rose to 2.7% year-on-year in November, matching market expectations. Core CPI remained steady at 3.3%, aligning with forecasts. Both headline and core readings reflected anticipated increases

11 Dec 2024, 13:56
US inflation meets expectations at 2.7% in November

China's monetary pivot fuels market optimism

Chinese equities surged after a policy pivot to a more dovish monetary stance for 2025, while global central banks brace for a pivotal week in rate decisions.

10 Dec 2024, 13:44
China's monetary pivot fuels market optimism

Dollar and Bitcoin rebound, Euro slips

Markets in flux ahead of key data this week

10 Dec 2024, 08:43
Dollar and Bitcoin rebound, Euro slips

Gold struggles ahead of NFP data release

Market participants are awaiting the US Nonfarm Payrolls (NFP) report, which will influence the Fed's interest rate decisions and impact both the US Dollar and gold prices

6 Dec 2024, 06:55
Gold struggles ahead of NFP data release

Fed rate cut speculation gains momentum

Speculation over a December FOMC rate cut intensifies as Fed Governor Christopher Waller and New York Fed President John Williams emphasize data-dependency. Futures now price a 75% chance of a 25bps cut, but key economic reports, especially the upcoming NFP, could shift expectations.

3 Dec 2024, 12:57
Fed rate cut speculation gains momentum

Dollar climbs as PMI beats and tariff tensions rise

The ISM Manufacturing PMI beat expectations, boosting the dollar as markets focus on economic data, tariff threats, and upcoming central bank meetings.

3 Dec 2024, 07:30
Dollar climbs as PMI beats and tariff tensions rise

Eurozone inflation rises; Tokyo CPI boosts BoJ rate speculation

Eurozone inflation ticks up to 2.3%, while Tokyo’s surging CPI strengthens expectations of a BoJ rate hike

29 Nov 2024, 12:18
Eurozone inflation rises; Tokyo CPI boosts BoJ rate speculation

The US Dollar dips ahead of key US data

Gold rallies to $2,650, buoyed by geopolitical tensions and Fed rate cut expectations.

27 Nov 2024, 11:54
The US Dollar dips ahead of key US data

Eurozone wage growth hits three-decade high, complicating ECB’s policy path

Eurozone wage growth surged to a 31-year high, UK inflation exceeded expectations, and China's central bank held rates steady amid ongoing economic challenges

20 Nov 2024, 12:50
Eurozone wage growth hits three-decade high, complicating ECB’s policy path

Bitcoin, Nvidia, and inflation data steer the market

Nvidia surged 4% ahead of earnings, with shares tripling this year on soaring AI demand

20 Nov 2024, 08:04
Bitcoin, Nvidia, and inflation data steer the market