Market Minutes

Read snapshots of the latest market news

Markets watch Powell's reactions

President Trump’s comments on Fed Chair Jerome Powell, global tariff warnings, and Iraq oil disruptions drove market focus on Thursday, while UK and Australian jobs data increased pressure on central banks.

UK inflation hits 2024 peak at 3.6%

UK inflation surged to 3.6% in June 2025, hitting a new yearly high and complicating the Bank of England’s outlook for interest rate cuts. Meanwhile, President Donald Trump secured a new trade agreement with Indonesia, lowering tariffs to 19% ahead of the August 1 deadline.

EU delays retaliation after Trump’s surprise tariff escalation

The euro remained stable Monday as President Trump shocked markets with 30% tariffs on EU goods, while central banks brace for a critical week of inflation data across major economies.

Trump targets Canada and 22 others in new tariff blitz

The dollar advanced broadly after Trump imposed steep tariffs on Canada, while UK growth slumped

Trump targets Brazil and copper imports

A sweeping expansion of US tariffs, including a 50% levy on copper imports and new penalties against Brazil, has reignited global trade tensions, even as Fed signals suggest policy easing may be on the horizon.

Trump’s 50% copper tariff stuns investors

The U.S. dollar is leading major currencies this week, buoyed by shifting narratives around tariffs, fiscal support, and central bank policy amid escalating trade tensions.

Japan, Korea, and others face tariff shock, EU avoids first wave

Markets react as Japan, South Korea, and others face steep new US tariffs; EU avoids penalties for now.

Countdown to July 9: Tariffs loom, oil slumps, and Fed minutes in focus

Uncertainty over tariff timing and a surprise OPEC+ supply hike weigh on oil and risk sentiment ahead of a key week for global markets.

Trump escalates trade push with 70% tariff threat, letter blitz

The US is set to begin sending tariff letters to trading partners this Friday, signaling a dramatic escalation in trade tensions just days before the July 9 deadline.

Dollar steadies near multi-year low as markets brace for pivotal US jobs data

The greenback’s slide takes a breather ahead of a critical Non-Farm Payrolls report that could shift Fed policy expectations.