Market Minutes

Read snapshots of the latest market news

April Nonfarm Payrolls disappoints

Non-farm and private sector employment fall short of expectations, signaling a slower-than-anticipated pace of job creation.

All eyes on FOMC meeting and Powell’s comments

Amidst economic ambiguity, market awaits insights from the upcoming Fed meeting

Euro Area inflation holds steady, economy shows resilience in Q1 2024

In April 2024, Euro Area inflation holds steady at 2.4%, while core inflation eases to 2.7%. The Eurozone's Q1 2024 economy grows by 0.3%, exceeding expectations. Bank of Japan's reported intervention in the FX market impacts currency dynamics.

A holiday in Japan, but not a holiday for Yen

Amidst holiday-thinned trading, the yen's sharp slide below 160 against the dollar, followed by a swift rebound, sparks speculation over potential intervention by Japanese authorities amidst concerns over Federal Reserve policy implications.

Market resurgence: Wall Street's gain spreads to Asia

Tech giants drive market optimism amidst wall street's rally

Yen's intervention challenge

Japanese authorities face a dilemma as the yen declines, with options market signals questioning the effectiveness of intervention.

Markets hold their breath ahead of NFP data

The Non-Farm payroll is highly anticipated to trigger more volatility today as the US Job sector continues to exceed expectations.

Brent Crude prices at over 5-month highs

Geopolitical unrest and supply concerns propel Oil prices

US ISM Manufacturing grows, dollar rises

The US ISM Manufacturing PMI grew for the first time since September 2022

All-Time highs for gold as job data looms

Gold and oil reaching new peaks, investors brace for impact of lower liquidity on market dynamics