Market Minutes

Read snapshots of the latest market news

US Dollar in focus ahead of PCE data

Gold surges to fresh records, oil inches up amid geopolitical risk

U.S. GDP growth slows to 2.4% in Q4 2024 amid trade tensions

The U.S. economy expanded at an annualized rate of 2.4% in the fourth quarter of 2024, marking a deceleration from the previous quarter's 3.1% growth. ​

All eyes on U.S. Data

A loaded Thursday calendar includes Q4 GDP revisions, PCE, jobless claims, and inventories

Copper sparks a rally as tariff talk heats up

Commodities climb as industrial metals rally, gold reclaims momentum, and oil shrugs off temporary ceasefire hopes

UK inflation falls to 2.8% ahead of chancellor's spring statement

The UK's Consumer Prices Index (CPI) declined to 2.8% in February, offering some relief to households and setting the stage for Chancellor Rachel Reeves's upcoming spring statement.

Yen steadies on hawkish BoJ tone

The Japanese yen stabilizes as the Bank of Japan signals potential for further rate hikes, causing the USD/JPY pair to hover around the significant 150 threshold.

Tariff tensions ease, caution lingers

Commodities weigh optimism against uncertainty in a geopolitically charged week

Forex markets drift ahead of tariff clarity, Japan data disappoints

Traders adopt a cautious stance as weak Japanese PMIs raise concerns and U.S. tariff uncertainty clouds direction.

Trading week opens with mixed signals

Gold holds above $3,000 despite fading safe-haven appeal

Dollar recovery remains fragile as gold steadies near highs

Markets remain cautious as geopolitical risks and trade policy tensions dominate investor sentiment.