Fed Cut Bets Drive Another Risk-On Session
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
▲ Bullish. Softer US data is lifting expectations of a December Fed rate cut, pushing risk assets higher.
🗓 Key Events:
09:00 London / 04:00 New York - ECB Financial Stability Review - signals on eurozone banking risks and policy tone.
13:30 London / 08:30 New York - US Unemployment Claims - key labor metric that influences Fed rate-cut odds.
17:00 London / 12:00 New York - ECB President Lagarde Speaks - potential hints on early-2026 ECB policy direction.
🌐 Market Moving News:
US consumer confidence posts biggest drop since April.
Google accelerates AI race, signaling strong tech-sector momentum.
Oil holds near month-low as Ukraine negotiations progress.
Asset Snapshots:
🟢 S&P 500: Bullish - strong follow-through after US indices reclaimed 50-day moving averages.
🔴 USD (DXY): Bearish - weaker economic data softens dollar.
🟢 Gold: Bullish - benefits from lower yields and rising rate-cut bets.
🔴 Oil: Bearish - demand concerns and geopolitical easing weigh on prices.
🟢 Bitcoin: Bullish - recovering alongside broader risk appetite.
Volatility S&P 500 Index (VIX): 18.55 - down sharply, signaling falling fear and improving risk sentiment.
Macro Bias:
Shows overall bullish, bearish, or neutral trends across major markets based on key economic data. It reflects how indicators like GDP, inflation, employment, retail sales, and PMIs are performing. When data improves, the bias turns bullish; when it weakens, bearish; when mixed, neutral.
Indicies:
🟢 S&P 500: Bullish
🟢 Nasdaq 100: Bullish
Currencies:
🟢 USD: Bullish
🔴 EUR: Bearish
⚪ JPY: Neutral
🔴 GBP: Bearish
🟢 AUD: Bullish
🟢 CAD: Bullish
⚪ CHF: Neutral
Commodities:
⚪ Gold: Neutral
⚪ Oil: Neutral
Crypto:
🟢 Bitcoin: Bullish
🪙 Price Action Notes:
Watch S&P 500 for a clean break above recent resistance as momentum builds.
Dollar softness may support EUR/USD if today’s US labor data disappoints.
Gold could extend gains if yields continue drifting lower into Friday.
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.