Market Minutes

Read snapshots of the latest market news

Gold prices slip ahead of US CPI

Gold prices fell for the second day as markets reacted to soft UK CPI and anticipated US inflation data, with a high-risk appetite pressuring the metal

14 Aug 2024, 06:24

US producer inflation cooler than expected In July

U.S. inflation pressure softens with a modest PPI increase, while the UK sees an unexpected drop in unemployment

13 Aug 2024, 13:28

Market slows before major central bank meetings

A quiet market session anticipates major central bank meetings and key economic data releases later this week.

29 Jul 2024, 13:34

June PCE data shows modest inflation

Core PCE prices and real consumer spending both increased by 0.2%

26 Jul 2024, 13:46

US economy surpasses growth expectations

The US economy grew 2.8% in Q2 2024, surpassing the 2.0% forecast, with strong consumer spending and investment.

25 Jul 2024, 13:29

Gold prices drop in Asia, Copper hits four-month lows

Other safe havens, including the yen, gained strength over the past week. The yen rose as traders closed short positions in response to suspected market intervention by Tokyo.

25 Jul 2024, 08:47

Dollar boosted by risk-off sentiment

Gold trading near a multi-day low around the $2,420 mark, driven by a stronger US Dollar and profit-taking following a recent rally.

19 Jul 2024, 07:50

Prevailing risk-on sentiment

Markets anticipate the Fed will begin rate cuts in September, keeping US Treasury bond yields at multi-month lows.

17 Jul 2024, 08:06

BoE’s Dhingra calls for rate normalization

BoE’s Swati Dhingra urges immediate interest rate normalization, citing weak UK demand and stable inflation

15 Jul 2024, 14:10

U.S. inflation rate hits lowest point in a year

U.S. inflation hit a year-low at 3% in June, spurring rate cut expectations

11 Jul 2024, 13:44