Markets muted ahead of major Fed decisions as volatility firms slightly
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
⚪ Neutral. Markets stay cautious as traders await multiple central bank events, especially the Fed.
🗓 Key Events:
10:55 London / 05:55 New York – ECB President Lagarde Speaks – Can influence EUR sentiment and policy expectations.
13:30 London / 08:30 New York – US Employment Cost Index q/q – Key gauge of wage pressures affecting inflation.
19:00 London / 14:00 New York – Federal Funds Rate – Sets US interest rates and drives global market moves.
19:00 London / 14:00 New York – FOMC Statement and Economic Projections – Guides policy outlook and risk sentiment.
19:30 London / 14:30 New York – FOMC Press Conference – Often the main market-moving event of the day.
🌐 Market Moving News:
Shares remain on edge as Fed cut expectations clash with uncertain guidance.
Oil steady as markets watch Ukraine peace talks and the Fed decision.
Yen weak and dollar steady ahead of the Fed meeting.
Asset Snapshots:
⚪ US10Y: Neutral – Slight move lower (-0.19 percent) without clear direction.
⚪ S&P 500: Neutral – Down just -0.09 percent amid pre-Fed caution.
⚪ USD (DXY): Neutral – Flat at -0.05 percent.
🟢 Gold: Bullish – Up +0.16 percent as caution supports safe-haven interest.
⚪ Oil: Neutral – Unchanged (0.00 percent).
🔴 Bitcoin: Bearish – Slightly down -0.12 percent as risk appetite softens.
Volatility S&P 500 Index (VIX): 16.94 – Volatility is slightly rising as traders hedge ahead of the Fed.
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.
Indices:
⚪ S&P 500: Neutral
⚪ Nasdaq 100: Neutral
Currencies:
🟢 USD: Bullish
⚪ EUR: Neutral
⚪ JPY: Neutral
⚪ GBP: Neutral
⚪ AUD: Neutral
⚪ CAD: Neutral
⚪ CHF: Neutral
Commodities:
⚪ Gold: Neutral
⚪ Oil: Neutral
Crypto:
⚪ Bitcoin: Neutral
🪙 Price Action Notes:
Expect tighter ranges until the Fed statement and press conference.
Slight uptick in VIX shows markets positioning for volatility.
Gold holding firm may signal ongoing defensive positioning.
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.