Market Minutes

Read snapshots of the latest market news

Oil Sinks to Multi-Year Lows

Markets digest weak employment data, dollar strength, and fading safe-haven demand

Canadian dollar holds steady after election

The Canadian Dollar stayed range-bound after Prime Minister Mark Carney’s Liberals retained power without a majority, while global markets remain subdued ahead of major economic releases and evolving trade policy headlines.

Labor data in the spotlight

From JOLTs and the Conference Board, investors eye signs of consumer and job market resilience

Cautious optimism dominates as China holds stimulus for later

Asian markets traded quietly on Monday, with China’s muted policy stance and upcoming heavyweight economic data keeping investors cautious but hopeful for a risk asset rebound if incoming figures surprise to the upside.

Tariff confusion hits sentiment as China denies talks

Markets turned lower on Friday after China denied any ongoing tariff negotiations with the US, undercutting earlier hopes of easing tensions. Meanwhile, UK retail sales unexpectedly rose in March, offering a rare positive surprise amid global uncertainty.

Risk tilt weighs on gold

Retail resilience in the UK, inflation surprises in Tokyo, and mixed signals from US-China trade talks

Flip-flop market in flip-flop days

Markets remain directionless as hopes for a US-China trade thaw dim following pushback from Washington and Beijing. While the Dollar weakens, steady US jobless data underscores ongoing labor market strength.

Currency markets shift

Yen, Franc, and Euro outperform

Asia’s service strength lifts PMI, but global stagnation spreads as Eurozone and UK slide deeper

Fresh PMI data from April revealed a widening global divergence: Japan and Australia saw modest service-driven growth, while the Eurozone teetered on stagnation and the UK economy slipped into contraction — fueling speculation of policy easing in both Frankfurt and London as trade tensions and inflation risks mount.

Markets search for direction as ECB flags uncertainty, Trump targets Powell again

Markets stayed cautious Tuesday as ECB warnings and Trump’s renewed Fed attacks deepened uncertainty.