Market Minutes
Read snapshots of the latest market news
Markets await PPI to confirm inflation trend
Today’s PPI report and consumer sentiment could influence upcoming decisions on rate cuts.
11 Oct 2024, 08:08
U.S. inflation cools, but core prices stay sticky
U.S. inflation slowed to 2.4% in September, marking the sixth consecutive month of easing. However, core prices, driven by food and shelter costs, remain elevated, suggesting the Fed will maintain a cautious approach on rate cuts
10 Oct 2024, 13:32
Dollar strengthens, awaiting CPI data
ll eyes are now on the upcoming U.S. inflation data, with expectations of a 2.3% annual rise—the lowest in two years
10 Oct 2024, 07:21
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 prices pull back from record highs
Gold prices were pinned under pressure, as traders anticipated smaller Fed rate cuts and investors flocked to the dollar amid geopolitical uncertainty.
8 Oct 2024, 10:20
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
NFP data pending
The dollar slipped from six-week high; up 1.5% for the week amid strong labor data and Middle East tensions
4 Oct 2024, 11:57
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
RBNZ widely expected to cut rates by 50 bp
New Zealand Dollar: Pressured by expectations of a 50-basis-point rate cut by the RBNZ, with an 87% probability priced in.
2 Oct 2024, 12:27
S&P 500 closes at new record high, recovering from an earlier dip
Dow Jones and Nasdaq post gains alongside the S&P 500 for September and Q3
1 Oct 2024, 13:05