Market Minutes

Read snapshots of the latest market news

Yen edges higher as Japan election reshapes political outlook

Markets digest Japan's historic upper house loss, shifting focus to fiscal loosening and trade tensions.

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’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.

Eurozone inflation rises to 2%, still within ECB comfort zone

Eurozone inflation returned to the European Central Bank’s 2% target, lifting the euro to a near four-year high, as traders brace for escalating US trade tariffs and mixed signals from the Federal Reserve.

NFP, ISM, and Eurozone CPI in focus this week

The forex market opened the week with subdued volatility and mixed equity sentiment across Asia, but politically driven trade developments and upcoming US jobs data are keeping G10 currencies on the move.

Global stocks rally as Fed sticks to cautious script

Global equity markets remain buoyant heading into the weekend, with Wall Street and Asia pushing toward record highs. Despite the looming tariff deadline and cautious Fed rhetoric, investors are betting on a soft inflation print and a dovish policy pivot by fall.

Risk radar on, but no panic in markets yet

The US dollar extended gains while gold struggled to rally despite heightened geopolitical risks after US airstrikes in Iran, with Fed caution and policy expectations keeping markets grounded.

US Fed meeting: Rate cuts unlikely

The Federal Reserve is expected to hold interest rates steady this week, but all eyes are on its updated forecasts and dot plot as geopolitical risks and soft inflation data cloud the outlook.