11414
HFM, formerly known as HotForex, is an award winning multi asset broker, providing trading services and facilities to both retail and institutional clients. 500+ Markets | Free Account Opening | Fund Security | 27+ Languages
Markets are warming up as a new week unfolds! 🔥
Key releases could shape fresh momentum and volatility across assets.
📅 Explore the full economic calendar here.
💬 What are you watching most closely this week?
The best time for new beginnings is now. We have 365 blank pages ahead of us; let’s write a good story this year.
We wish you clarity, purpose, and joy in 2026. ✨📖
📊 Week Ahead: Markets Drift Into 2026
🎅 Santa Claus Rally Watch
Markets enter the final trading days of 2025 during the seasonal Santa Claus Rally window. Thin liquidity and year-end positioning could amplify price moves, making sentiment, rather than fundamentals, the main driver.
🏦 FOMC Minutes in Focus
Tuesday’s Fed minutes will offer deeper insight into the December meeting and the more cautious 2026 outlook. Markets still expect a January pause, but traders will scan for inflation and labour-market signals.
🌏 Asia & Geopolitics
Asian markets traded mixed as China conducted military drills around Taiwan. While rhetoric intensified, market reactions remained contained-highlighting cautious positioning amid rising geopolitical risk.
🛢 Oil Rebounds
Crude prices edged higher as hopes for a Russia-Ukraine peace deal faded following renewed attacks on energy infrastructure. WTI and Brent both recovered after sharp late-week losses.
🥇 Gold & Silver Diverge
Gold eased slightly on light trading, while silver surged to record levels on supply constraints. Both metals remain supported by safe-haven demand and expectations of further Fed rate cuts in 2026.
₿ Bitcoin & Crypto Strength
Bitcoin climbed above $90K, lifting the broader crypto market. Rising geopolitical uncertainty and higher energy prices helped drive renewed interest in digital assets.
💵 FX Snapshot
The US dollar softened into year-end, with USD/JPY edging lower and EUR/USD holding steady as traders position for a more dovish Fed path in 2026.
📌 Bottom Line
Year-end trading remains headline-driven with thin liquidity. Directional conviction is likely to return in early January as institutions re-enter the market.
📈 Stay sharp and trade safe into 2026.
🔗 Read the full Week Ahead analysis: https://www.hfm.com/int/en/analysis/week-ahead-markets-drift-into-2026
🟡 Gold continues to increase in value for a third consecutive day taking weekly gains to over 4%. However, as the US Dollar rises this morning, traders remain cautious of a potential short-term retracement.
🔩 All metals have increased in value with Palladium, Platinum and Copper witnessing the strongest gains.
💱 The best-performing currencies of the day are once again the Japanese Yen, Australian Dollar and the New Zealand Dollar. The best-performing currency of the week remains the Australian Dollar.
🏦 The Reserve Bank of Australia’s meeting minutes continue to signal a hawkish central bank stance in 2026. According to the inutes, the committee does not forecast any rate cuts and may even consider a small hike.
📈 The US Prelim Gross Domestic Product for the quarter read 4.3%, significantly higher than the previous expectations. The figure is the highest seen in two years.
💵 The US Dollar temporarily rose following the release of the latest Prelim GDP figures. However, the currency was unable to maintain its bullish momentum.
📉 US Durable Goods Orders and CB Consumer Sentiment read lower than expectations, supporting the possibility of a rate cut in January.
⏱️ The Fedwatch tool indicates there is only a 13% chance of a rate cut in January. However, markets continue to price in more frequent cuts.
🌍 All global indices have increased in value in the days leading up to the Christmas break, Although momentum faded on the 24th due to lower trading volumes.
🛢️ Brent and Crude Oil have continued to rally this week, extending gains into today as robust US economic growth and ongoing geopolitical tensions support sentiment.
View all are articles here > https://www.hfm.com/int/en/analysis
💰 Gold hit record highs, rising nearly 2% and breaking key resistance at $4,353.70, with other metals also advancing.
📈 Falling inflation and expected 2026 rate cuts are strengthening gold’s momentum despite the Fed’s relatively hawkish guidance.
🌍 Geopolitical tensions, especially Ukraine and Venezuela developments, are increasing safe-haven demand. However, the lack of recent US Dollar weakness is a risk for Gold’s trend.
🚢 Reports said US ships tracked another vessel, the third incident in recent days, though escalation at the moment appears unlikely.
🏛️ Treasury Secretary Scott Bessent’s partisan stance is raising concerns about market confidence and Treasury credibility.
📊 All global indices trade higher as the European session opens and the VIX index also trades lower supporting stocks. The best-performing index of the day so far is the NASDAQ followed by the S&P 500.
💻 Tech stocks are again the main driver of the global rise in equities. NVIDIA stocks rose after declining throughout November and December.
🏠 In the third quarter, total household wealth increased 3.1%, while pension assets rose 3.7%. Household wealth grew 1.7%. Residential land and buildings gained 2.7%, and real estate prices rose 2.2%, the strongest increase since December 2023.
💵 The best-performing currencies of the day are the New Zealand Dollar and Australian Dollar. The worst-performing currencies are the Euro and US Dollar.
🇳🇿 Analysts expect the Reserve Bank of New Zealand and Australia to maintain its hawkish stance in the first quarter of 2026.
🛢️ Oil prices increased on Monday morning along with most commodities increasing to a weekly high.
Analysis Articles 👉 https://www.hfm.com/int/en/analysis
🟡 Precious metals outperformed stocks and the US Dollar as investors sought safe havens amid easing inflation and geopolitical uncertainty.
🥈 Silver trades more than 6% higher this week outperforming both Gold and the US Dollar. The best-performing currency of the week is the US Dollar, however, is this about to change with Inflation falling?
📉 US inflation fell to 2.7%, well below expectations, challenging the Federal Reserve’s hawkish policy outlook. Monetary Policy Tools maintain their hawkishness but are likely to change.
📊 The FedWatch tool continues to indicate that the Fed’s meeting in January will not see rates fall. The Fed’s Dot Plot also continues to indicate only two rate cuts in 2026.
🧠 Economists advise analysts have ‘got it wrong’ and the US has not seen the inflation previously predicted. They also added that if inflation continues to remain low, the Fed is likely to cut by more than 0.50%.
⏳ Markets increasingly expect earlier or more frequent Fed rate cuts despite official projections still showing only two cuts in 2026.
📈 US equities showed early recovery signs as volatility fell and risk-on sentiment returned, supported by improving technical momentum.
🌍 Diverging central bank policies pressured the pound and yen as the BoE cut rates and the BOJ governor stayed cautious.
🇯🇵 The Bank of Japan increased interest rates to 0.75%, but has ended the year lower than what traders throughout 2025 had hoped for.
🏦 The BoE statement said inflation remains above target but will return to 2.0% faster than previously forecast, and stressed that future easing will depend on the inflation outlook. Morgan Stanley forecasts three rate cuts in 2026.
🛍️ UK Retail Sales figures continue to come in lower than analysts’ expectations. Today’s Retail Sales fell by 0.1% pressuring the Pound.
👟 Nike stock declined more than 10% during this morning’s pre-trading hours as the company advises its shareholders that sales are likely to fall. The statement particularly advises lower sales in China.
📊 US Jobs & Fed
The US jobs report was mixed. Hiring was slightly better than expected, but unemployment rose to 4.6%, the highest since 2021. This keeps expectations for rate cuts in 2026, with a likely pause in January.
📈 US Markets
US stocks were mixed. The S&P 500 and Dow fell, while the Nasdaq rose, supported by tech stocks. Tesla hit a record high on AI and EV optimism.
🌍 Europe
European markets opened lower as growth worries and weaker oil prices weighed on sentiment.
🌏 Asia
Asian markets were mixed. Japan and Hong Kong gained, while others stayed cautious ahead of key US data.
🛢 Oil
Oil prices bounced back after earlier losses but remain sensitive to supply and demand headlines.
💵 FX
The dollar dipped after the jobs data but later recovered. The pound strengthened on UK wage data, while the yen stayed weak.
🇬🇧 UK Inflation & BoE
UK inflation slowed to 3.2%, increasing expectations for a Bank of England rate cut, possibly this week.
⏳ What’s Next
Traders are watching central bank comments and upcoming economic data for clearer market direction.
📖 Read our full market analysis:
👉 https://www.hfm.com/int/en/analysis/mixed-us-jobs-data-cooling-uk-inflation-keep-rate-cut-expectations-alive
📉 GLOBAL STOCK
US stock futures slip as investors await the delayed November jobs report and CPI data, seen as critical for Fed rate expectations. Meanwhile, tech stocks continue to lead the downside as AI-related earnings disappointments keep pressure on sentiment.
💼 US LABOUR MARKET - KEY RISK EVENT
The delayed November jobs report (13:30 GMT) is expected to show:
• Jobs added: ~40K-50K
• Unemployment rate: 4.4%
A weaker result could strengthen expectations for Fed rate cuts in 2026, while a surprise rebound may push yields higher.
🏦 FED & RATE EXPECTATIONS
Markets are increasingly pricing two Fed rate cuts next year as policymakers shift focus towards supporting the labour market rather than fighting inflation. Analysts describe the current environment as a ‘bad news is good news’ regime for equities.
📊 INFLATION - NEXT CATALYST
Thursday’s delayed US CPI report is forecast to show inflation at 3.1% YoY.
Together with NFP, this data will heavily influence the Fed’s January rate decision.
🌏 ASIA MARKETS
Asian equities retreat amid global rate uncertainty. Markets are also cautious ahead of Friday’s Bank of Japan meeting, where a rate hike is widely expected.
🇯🇵 JAPAN – CENTRAL BANK RISK
A potential BoJ rate hike could trigger volatility across JPY pairs, global bonds, equities, and crypto, as Japan exits ultra-loose policy.
🇨🇳 CHINA - GROWTH CONCERNS
China data disappoints:
• Retail sales: +1.3% YoY (slowest since 2022)
• Lending and investment weaken
This reinforces concerns about slowing momentum into the year-end.
🛢 OIL MARKETS
Crude prices edge lower ahead of US data:
• WTI: $56.45
• Brent: $60.21
Traders remain cautious as demand expectations hinge on economic growth and rate outlooks.
A fresh week, a fresh wave of market movers! 🌍
Get prepared by checking the upcoming releases shaping the markets.
📅 Tap the link here for the complete economic calendar.
💬 What will you be watching closely?
Stop reacting. Start predicting. 🔮📈
Autochartist delivers predictive analytics straight to your screen. Your edge in a volatile market.
Empower your day-to-day trading with Autochartist today.
💵 The US Dollar opens on a negative price gap measuring almost 0.30%. The bearish gap brings the US Dollar Index to its lowest point since mid-October.
📊 Even though the FOMC split was deemed to be hawkish, large institutions from around the globe indicate they are sticking to their dovish bias.
🏛️ Fed Chair Powell emphasised increased productivity as key to balancing growth, inflation, and a weakening labour market after the latest rate cut; markets are pricing fewer cuts until mid-2026.
🇺🇸 President Trump publicly advocates for deeper interest-rate cuts amid internal Fed changes, though the central bank remains cautious and data-dependent.
🛢️ Crude Oil prices took a significant decline on Thursday evening to their lowest point since mid-October. Analysts advise that if the price falls to $55, inflation may potentially become less sticky.
📈 Initial jobless claims rose sharply, the largest weekly increase in years, sparking concerns about labour-market resilience even as economists say seasonal volatility is a factor.
🇬🇧 The UK’s GDP figures again show a negative reading for a second time in six months. The performance of the Pound remains mixed with gains against some currencies and losses against others.
🌍 The coming week will be crucial for global markets, with EU policy on frozen Russian assets, delayed US economic data, and central bank moves from Japan and the Bank of England drawing investor focus.
⚠️ If the EU policy on frozen Russian assets changes to take a significantly more hawkish turn, geopolitics can escalate, triggering higher demand for safe haven assets.
🪙 A safe-haven asset which could potentially experience volatility is Gold. Demand for Gold increases as the Dollar weakens and geopolitics remain uneasy.
📈 The S&P 500 rises to an all-time high as investors ignore the Fed’s hawkish comments and continue to price in further rate cuts.
🔮 The market expects the forward guidance from the Federal Reserve to take a dovish tone in the second half of 2026 when the new Fed Chair is introduced.
💱 The best-performing currencies of the day are the Canadian, New Zealand and Australian Dollar.
🌏 Tomorrow, Australia enacts a law requiring major social platforms to block users under 16, including Instagram, TikTok, and YouTube. Meta stocks declined on Monday.
💻 The President also said he would permit Nvidia to sell its H200 AI chips to ‘approved customers’ in China. The US government would allow this only if the company pays a 25% share of the profits from those transactions.
🤝 According to Trump, Chinese President Xi welcomed the decision, suggesting an easing of tensions between the two economies. The US Dollar positively reacted to this development.
📊 The JOLTS Job Openings for October were 7.66 million while for November it rose slightly to 7.67 million. Both announcements were significantly higher than what the market was expecting.
❗ Higher-than-expected JOLTS data increased uncertainty over the Federal Reserve’s next move. Many assets moved sideways as a result, but this may change after tonight’s press conference.
📈 The combination of gold and share prices soaring in unison is a phenomenon not seen in at least half a century and raises questions of a potential bubble in both, the Bank for International Settlements, says.
🏦 Goldman Sachs’ CFO said 2025 is on track to be the second-busiest year ever for announced mergers and acquisitions, and expects the momentum to continue into 2026.
💶 The Euro and Australian Dollar are the best-performing currencies of the day. The Australian Dollar continues to benefit from a hawkish RBA.
📉 The worst-performing currencies of the day are the US Dollar, Canadian Dollar, and New Zealand Dollar.
⚠️ The VIX trades higher, pointing towards the possibility of a bearish wave amongst stocks, however, traders should note that the VIX’s gains have faded as the European Session has opened.
📉 Markets expect a Fed rate cut, but rising Treasury yields show investors fear a potential ‘hawkish cut’. A ‘hawkish cut’ would pressure stocks and Gold.
📊 Goldman Sachs’ survey shows mixed S&P 500 expectations for 2026. 64% of the market forecast gains but 36% expect a flat or negative performance.
📆 Upcoming US data: NFP, inflation, and Fed forward guidance. The 3 releases will be crucial in determining short-term and medium-term market direction.
🤖 BlackRock warned that artificial-intelligence trends will continue to drive stocks, though some analysts caution valuations may be tested if earnings disappoint.
🛢️ As markets keep an eye on both the Fed and developments in Ukraine talks, oil prices edged down slightly, reflecting eased supply concerns and mixed demand outlook.
📉 The JOLTs Job Openings report (plus private-sector employment data) is due soon; strong or weak results could influence the dollar, bond yields and investor sentiment ahead of the Fed decision.
🏦 The Reserve Bank of Australia advises the market that the central bank does not see any interest rate cuts taking place in the foreseeable future.
🇦🇺 The Australian Dollar is again the best performing currency of the day as the RBA keeps rates unchanged and increases the hawkish tone.
💱 The worst-performing currencies of the day are the Japanese Yen and Canadian Dollar. However, traders should note that the Bank of Japan may increase rates at the next meeting.
🇬🇧 Economists in the UK advise that there is a good chance that the Bank of England cuts rates on 18 December.
Traders, it’s time to lock in your weekly outlook! 🏁
Get prepared by checking the upcoming releases shaping the markets.
📅 Check the complete calendar here.
💬 What’s your top watch this week?
🇺🇸📉 US Jobs Miss Fuels Rate-Cut Bets
A sharp 32k drop in ADP private payrolls boosted expectations for a 25 bp Fed cut on 10 December, sending Treasury yields lower and lifting US equities.
🇺🇸📈 Wall Street Near Record Highs
Falling yields helped the Dow (+0.86%) move closer to its all-time high, while the S&P 500 (+0.30%) and Nasdaq (+0.17%) also advanced despite early tech-sector weakness.
🇯🇵🏦 BOJ December Hike Looks Set
BOJ Governor Ueda reportedly secured political backing for a 0.75% rate hike this month. Longer-term guidance remains unclear, keeping Japan’s bond market volatile.
🇯🇵📈 JGB Yields Hit 2007 Highs
Japan’s 10-year yield climbed to 1.92%, its highest since before the global financial crisis. The 30-year briefly hit 3.44%, before strong auction demand eased pressure.
🌏📊 Asian Markets Mixed
The Nikkei jumped 2.3%, supported by expectations of a US rate cut. SoftBank surged 9.2% on renewed AI focus. Hong Kong gained, Shanghai slipped, and the Kospi dipped on tech weakness.
💷📈 Pound Surges on Strong UK Data
GBPUSD posted its biggest daily gain since April, rising 1.1% after UK Composite PMI beat expectations at 51.2. Dollar weakness added support.
💰📈 Crypto & Commodities Firm
Bitcoin rebounded above $93,000, while oil prices edged higher: WTI at $59.40 and Brent at $63.07.
🌍🔎 What to Watch Next
Fed rate decision on 10 December, BOJ’s December meeting, global bond-market volatility, and continued FX reactions to shifting yield expectations.
Copy. Trade. Gain Confidence.
With HFM’s app, copy trading is as easy as TAP. COPY. TRADE.📱
Extra protection during market volatility.
Download now & trade smarter.
December macro, decoded 🎙📊
The Fed has spoken 🏛, a rare double NFP drop is shaking markets 📉📈, and inflation is still running hot.
So… is a long Fed pause actually possible?🤔
Watch the full video for more insights!
A new trading week is underway! 📊
This week’s releases may shape market direction into the new year.
📅 See the full weekly calendar here.
💬 Which assets are you monitoring right now?
📉 The Federal Reserve member, Stephen Miran, told journalists that the US will likely witness a recession if the Fed does not cut rates.
💵 The US Dollar Index gives in after holding onto its value and witnesses a serious devaluation during the European and US sessions.
🪙 Gold increases to a new all-time high as the commodity witnesses its best-performing year since 1979. Gold has increased 70% in 2025 so far.
📈 Both US and European stocks trade higher due to demand for tech stocks and interest-rate cut bets. However, analysts also give a word of caution over light volumes.
🇬🇧 The latest UK data show UK disposable income falling as taxes rise and household savings shrink, adding pressure on consumer finances.
🛢️ Oil prices increase over tensions between the US and Venezuela as Trump indicates this will be a recurring trend unless Maduro resigns.
💴 The Japanese Yen is the day’s best-performing currency increasing 0.50%. A key price driver is the Finance Minister's comments that the government can act freely to support the Yen.
⚖️ Due to the Japanese Finance Minister's comments, analysts speculate the Government may intervene if the price rises to levels above 157.00.
📉 The worst-performing currencies of the day are the US Dollar, Canadian Dollar and Swiss Franc.
🔄 However, US Dollar volatility will also depend on this afternoon’s GDP figures, Durable Goods and CB Consumer Confidence.
Analysis Articles 👉 https://www.hfm.com/int/en/analysis
In this episode, we break down one of December’s biggest macro events 🎙📊.
The Federal Reserve just released its latest policy decision 🏛, and markets are reacting to a rare double NFP drop 📉📈 giving fresh insight into the job market. Meanwhile, inflation remains front and center 🔥, raising the big question:
Can the Fed stick to a prolonged pause? 🤔
Full video: https://youtu.be/Y1oGbS_o8BU
Risk Management Essentials for Traders! ⚡️
Discover practical ways to manage margin effectively, reduce risk exposure, and avoid stop-outs. Learn how to maintain healthy margin levels and trade with greater confidence and control.
Strengthen your risk management.
Reserve your spot for Tuesday!
Join our Live Market View and get essential analysis ahead of the US inflation release and major central bank decisions.
During this live session, we break down key expectations, market reactions, and levels to watch so you can trade with confidence.
Watch the full analysis today at 14:00 GMT.
Youtube Link: https://www.youtube.com/watch?v=dtRrVIVVzaU
Join us live for real-time analysis of the most anticipated NFP release of the year.
We’ll break down the fresh NFP release, decode its impact on the USD, track real-time market reactions, and unpack why this unusually uncertain, low-liquidity, high-volatility NFP, shaped by conflicting economic signals. This could carry major implications for interest rates and market sentiment. Don’t miss this high-volatility event!
Watch the full analysis today at 13:10 GMT.
Youtube Link: https://youtube.com/watch?v=YIHODDQeCho
📉 Asian Markets Slide
Asian stocks opened lower as investors positioned ahead of a BoJ rate hike. Tokyo’s Nikkei 225 fell 1.3% to 50,168.11 despite improving business sentiment from the BOJ’s Tankan survey, which showed optimism among large manufacturers hitting a four-year high.
💹 Japan’s Economy & BOJ Outlook
Japan’s GDP contracted at a 2.3% annualised pace in Q3, the first decline in six quarters. The BOJ is widely expected to raise rates by 0.25% to 0.75%, potentially attracting capital back into Japan and reducing demand for alternative assets like cryptocurrencies.
💰 Bitcoin & Crypto Markets
Bitcoin slipped below $88,000 before rebounding above $90,000. Ether held gains better than Bitcoin, while altcoins remain pressured. FlowDesk notes low liquidity and cautious macro sentiment, with digital-asset treasuries quietly accumulating.
🏭 China Economic Data
Fixed-asset investment fell 2.6% in November and 11.1% year to date, highlighting weak demand. Retail sales rose 4%, and industrial output increased 4.8%. Policymakers continue to support consumption and investment, but growth may stay subdued in 2026.
📈 US Futures & Tech Sell-off
S&P 500 futures rose 0.2%, Dow futures +0.3%. On Friday, S&P 500 fell 1.1%, the Nasdaq -1.7%, Dow -0.5%. Broadcom tumbled 11.4% despite a strong earnings beat, while Oracle dropped nearly 11% a day earlier. Nvidia declined 3.3%.
🪙 Gold & Commodities
Gold holds near record highs (~$4,300/oz) supported by rate cuts, global debt, and central bank demand.
🛢 Oil Market Update
Oil edged higher: Brent near $62, WTI ~$58. Oversupply concerns persist despite stronger Chinese demand. Ukraine targeted Russian energy facilities, and geopolitical tensions remain a floor under prices.
💵 FX Update
USDJPY slipped to 155.16, while the euro declined to $1.1733. Investors remain cautious ahead of central bank decisions.
Essential learning for active traders! ⚡️
Dive into price action and learn how market movement alone can signal potential future direction. Then level up with multi-timeframe analysis, how different timeframes connect and which tools help you read them effectively.
Strengthen your chart reading and refine your strategy!
Reserve your spot for Tuesday and Wednesday!
📉 The FOMC delivered a 0.25% rate cut, but the committee was highly divided, creating uncertainty about future policy direction.
🦅 Guidance for 2026 leaned hawkish, with expectations of only one rate cut and a likely pause in January.
🗳️ Three Federal Open Market Committee members voted against cutting interest rates last night. One of them had previously supported a cut. Eight members supported a 0.25% cut. One member supported a 0.50% cut.
📊 Market reactions were uncertain, the S&P 500 initially rose but fell sharply once the extent of the FOMC split became clear.
🌍 All global indices traded lower on Thursday as investors price in a more hawkish Fed for the first quarter of 2026.
📆 According to the Chicago Exchange, there is an 80% chance of the Federal Reserve keeping interest rates unchanged in January. This is 14% higher than before the rate decision. The next rate decision after January is March, where there is a 50% chance of a pause and 50% of a cut.
💵 The US Dollar weakened despite hawkish guidance, likely due to expectations that policy may shift under a new Fed Chair.
💹 The best-performing currencies of the day so far are the Swiss Franc, Japanese Yen and Euro which are all taking advantage of Dollar weakness.
⚠️ Risk sentiment turned negative, with higher VIX readings (+3.50%) and global indices declining, suggesting potential for further downside in equities.
🇺🇸 Trump told journalists that the Federal Reserve should have cut interest rates by 0.50%, not 0.25%. The President also advises as part of Netflix’s purchase of Warner Bros, CNN should also be sold.
🎬 Netflix stocks continue to trade lower, dropping a further 4.15% on Wednesday. The stock is now trading at a 7-month low.
🇦🇺 Australia’s Unemployment Rate remains at 4.3%, better than expectations, but the Employment Change declines to a 9-month low. As a result, the Australian Dollar declines.
📊 Technical Analysis Ahead of the Fed’s Rate Decision
Get the latest insights on market trends as we break down key technical levels before the Federal Reserve announces its interest rate decision.
Today’s video will include chart interpretation and preparation for market volatility.
Youtube Link: https://www.youtube.com/watch?v=1B_bl3QfM7A
📢 This week the Federal Reserve, Swiss National Bank, Bank of Canada and Reserve Bank of Australia will announce their rate decision.
💹 The best-performing currency over the past month has been the Australian Dollar. The currency has also maintained bullish price movement as the Reserve Bank of Australia’s rate decision edges closer.
🇦🇺 Australia’s strong economy supports expectations the RBA will keep interest rates unchanged at 3.60%.
💵 If the Federal Reserve announces a rate cut to 3.50–3.75%, the US Dollar may witness a decline. But the medium- to longer-term trend will depend on how ‘split’ the FOMC was in their decision and the guidance given by the Chairman.
📊 Tomorrow’s JOLTS report is expected at 7.14 million, a softer reading that could pressure the US Dollar lower in the short term.
📈 Stocks continue to edge higher over optimism regarding an upcoming interest-rate cut from the Fed. Currently, all indices except the Euro Stoxx 50 trade higher.
⚠️ The VIX index is currently trading slightly higher as is the Put/Call Ratio. This is a slight concern for long positions, but investors will be watching to see whether both indicators decline later in the day.
🌍 The best performing currencies of the day are the Canadian Dollar, Euro and Swiss Franc. The worst performing are the US Dollar and British Pound.
🥈 Silver and Gold are seeing large profit-taking triggering a decline. However, investors contemplate whether the dovish Fed will renew the bullish trend.
🎬 Netflix’s $72 billion deal to acquire Warner Bros.’ studio and streaming assets has sparked major debate over whether regulators will permit the industry’s largest streamer to expand further.
Trader insights you don’t want to miss! ⚡️
Explore how major economic events can move the markets and create rapid shifts in momentum. Prepare for periods of heightened volatility and fast-changing sentiment.
Level up your timing, strategy, and risk control.
Reserve your spot for Tuesday & Wednesday
🇯🇵📝 BoJ Signals Shake Markets
Hawkish comments from the Bank of Japan sparked a jump in global bond yields, but strong demand for JGBs helped stabilise Asian markets today.
💴📉 Yen Still Under Pressure
The yen remains weak against the dollar, increasing pressure on businesses and adding momentum to expectations of a December BoJ rate hike.
🏦📈 Asian Stocks Mixed
Japan edged higher, Hong Kong and Korea rallied, while mainland China lagged. Tech shares boosted the Kospi, with Samsung and SK Hynix leading the way.
💹📉 Bitcoin Drops Sharply
Bitcoin slid below key support on thin liquidity and rising yields. Traders are also watching the potential MSCI rule change that could trigger forced flows.
🇬🇧🏦 BoE Loosens Capital Rules
The Bank of England cut capital requirements after major lenders passed stress tests, signalling more confidence in UK financial stability.
🇬🇧📉 UK Pension Funds Trim US Exposure
Large UK pension schemes are reducing holdings in concentrated US tech stocks, citing AI bubble risks and market imbalance.
🌍🔎 What to Watch Next
All eyes on December: the BoJ’s decision, the Fed policy meeting, crypto index changes, and market reactions to rising global yields.