Markets navigate U.S. shutdown, inflation data, and weak job signals
Today’s Market Insights: Monday, 2.10.2025
📈 Market Mood:
Neutral-to-slight bearish - dollar strength weighs on risk assets even as gold and tech hold some support.
🗓 Today’s Key Events:
07:30 London / 02:30 New York - Switzerland CPI m/m (monthly inflation) - important for CHF and Swiss rates outlook
Tenative - U.S. Initial Jobless Claims (weekly) - fresh jobs data amid shut-down uncertainty
🌐 Market Moving News:
Dollar gains after U.S. Supreme Court allows Fed Governor Cook to remain in position for now.
U.S. government shutdown halts key federal economic releases until mid-October.
Gold dips slightly from record highs; markets weigh weaker data and dollar strength.
Asset Snapshots:
⚪ S&P 500: Neutral - futures flat to slightly lower in early trade
🟢 USD (DXY): Bullish - dollar index up ~0.1% to ~97.80
🔴 Gold: Bearish to neutral - off highs, pulling back amid dollar strength
⚪ Oil: Neutral - flat, watching supply vs demand signals
⚪ Bitcoin: Neutral - holding gains, market cautious
Bias Meter:
⚖️ Neutral - mixed signals with dollar strength offsetting some of the upside from safe havens.
Price Action Notes:
Watch dollar’s hold above ~97.7 - continued strength could pressure stocks and gold.
S&P 500 must defend prior breakout zones; failure could lead to pullback.
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.