Cautious Start as ADP, Eurozone Inflation and ISM Take Center Stage
Today’s Market Insights: Wednesday, 1.10.2025
📈 Market Mood:
Neutral-to-slightly bearish - U.S. shutdown worries and soft futures offset support from a weaker dollar and firm gold.
🗓 Today’s Key Events:
10:00 London / 05:00 New York - Eurozone flash inflation (Sep) - sets the tone for ECB expectations.
13:15 London / 08:15 New York - ADP private payrolls (Sep) - early read on U.S. jobs with payrolls at risk of delay.
15:00 London / 10:00 New York - ISM Manufacturing PMI (Sep) - key gauge of factory activity.
🌐 Market Moving News:
Wall Street futures dip as shutdown risk clouds data flow; traders eye ADP instead.
Dollar stays on the back foot into jobs and ISM.
Oil stabilizes after recent slide as markets weigh OPEC+ supply talk and U.S. inventories.
Asset Snapshots:
🔴 S&P 500: Bearish - futures down about 0.4% pre-market.
🔴 USD (DXY): Bearish - near 97.6, under pressure ahead of data.
🟢 Gold: Bullish - around $3,865/oz this morning.
⚪ Oil: Neutral - WTI near $62.5 after stabilizing.
🟢 Bitcoin: Bullish - roughly $114k, holding gains.
Bias Meter:
⚖️ Neutral - mixed signals with weaker dollar and firm gold versus soft futures and shutdown risk.
Price Action Notes:
S&P 500 - watch 10:00 New York ISM for a break from pre-market ranges.
DXY - continued drift under 98 would support gold and risk assets.
Oil - headline sensitive around OPEC+ chatter and 10:30 New York EIA inventories.
Volatility Watch (VIX)
The VIX shows expected stock market volatility
What’s the one move you’re watching today?
Trade smart and enjoy the ride.
Disclaimer:
This newsletter is for information only and not financial advice. Markets carry risk, and past performance does not guarantee future results. Always do your own research or consult a qualified advisor before making investment decisions.