Market Minutes

Read snapshots of the latest market news

China's deflation drags oil down

Return to deflation raises concerns over domestic demand and trade tensions in China

Markets cautious on tariff risk

Financial markets remain wary as Trump reaffirms tariffs on Mexico and Canada, the UN adopts a Ukraine resolution, and central banks signal diverging paths on interest rates.

Gold volatile as markets await Trump and Powell

Attention is split between global trade tensions, Federal Reserve commentary, and the direction of major assets like currencies and gold

Who doesn’t like a safe-haven in this scenario?

Gold surged to a record high as escalating US-China trade tensions and geopolitical uncertainty fueled haven demand.

China expands Gold reserves for a second month

China boosted gold reserves for a second month in December, while Eurozone inflation hit a five-month high of 2.4%, highlighting diverging market dynamics.

Global markets show mixed signals amid persistent uncertainty

Global stock markets presented a mixed picture on Friday as Asian equities rallied and European futures slipped. Investors remained cautious, navigating geopolitical tensions and reassessing economic prospects ahead of key US manufacturing data.

Major indices are set to close 2024 with strong gains

The S&P 500 and Dow are set to end the year with gains of over 23% and 14%, respectively, marking their best performances since 2021, while the Nasdaq has surged roughly 30%.

Nikkei climbs on Yen weakness; Oil poised for weekly gain

The Nikkei 225 advanced as a weak yen lifted exporters, while Tokyo inflation hinted at possible rate hikes. Oil steadied on China's stimulus bets and inventory declines, despite broader stagnation in crude prices.

Year-end Forex markets slow

Forex markets wind down amid holiday calm, with central bank minutes from the BoJ, BoC, and RBA, alongside key data releases, shaping the week’s economic narrative.

Fed's hawkish cut vs. BoE's dovish stand

The BoE signaled dovish, the BoJ held its stance, and the Fed cut rates while signaling caution on future easing.