Market Minutes

Read snapshots of the latest market news

Powell's dovish tone lifts markets on rate cut hopes

Jerome Powell struck a more dovish tone, signaling openness to the beginning of rate cuts while stressing data dependence. Markets responded unevenly: U.S. equities and gold advanced, while the U.S. dollar and 10-year Treasury yields decrease after the close.

Fed minutes reveal hawkish consensus; USD gains slightly

Most Fed officials maintained a restrictive stance, though two favored a cut. The dollar ticked up 0.13% as U.S. equities slipped 0.20% on average.

Markets focus on Jackson Hole symposium as Fed faces pressure to cut

Markets are squarely focused on this week’s Jackson Hole symposium, where central bank officials will provide guidance on growth, inflation and the potential pass-through from recently imposed tariffs. A September rate cut remains the base case, but investors want clearer signals on how aggressive the Federal Reserve is prepared to be.

Producer price index fuels uncertainty over inflation rebound; bond yields rise

U.S. producer price data surprised to the upside, sparking concerns of an inflation resurgence and driving bond yields higher, while the dollar gained ground.

Inflation data shifts Fed expectations as markets grapple with uncertainty

From softer U.S. inflation data to renewed political pressure from Donald Trump on Federal Reserve Chair Jerome Powell, equity markets showed signs of unease after the New York close.

Statements by Trump shift global trade expectations

The President of the United States of America, Donald Trump, generates optimistic expectations that ease uncertainty following his statements on tariff restraint.

US gold bar tariffs rattle Swiss trade; BoE hawkish cut supports sterling

Washington’s surprise move to levy tariffs on one-kilo gold bars shakes the global bullion trade, while Swiss exporters face a double blow from Trump’s 39% tariff regime.

BoE set for rate cut, but hawkish caution prevails amid sticky inflation

The Bank of England is widely expected to deliver a 25bp cut to 4.00%, but will likely avoid signaling an aggressive easing cycle as inflation expectations rise.

Targeted tariffs, dovish Fed bets, and labor weakness shape global markets

New U.S. sector-specific tariff threats, Fed leadership uncertainty, and signs of global labor market strain drive cautious sentiment across major asset classes.

Pound firms ahead of BoE test as Swiss Franc, Euro lag

Sterling stands out as the week’s second-best performer amid Euro and Franc softness, but traders eye the BoE decision for direction. Meanwhile, trade tensions persist globally, Japan hints at rate hikes, and China posts strong services data.