Markets on Edge as Key US Inflation Data Hits Today
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
▲ Bullish. Stocks are holding gains as traders lean into Fed rate-cut expectations, but big data today can shift everything.
🗓 Key Events:
13:30 London / 08:30 New York - Canada Employment Change & Unemployment Rate - Important for CAD volatility and risk sentiment in North America.
15:00 London / 10:00 New York - US Core PCE (m/m) - The Fed’s preferred inflation gauge; any surprise can move stocks, USD, gold.
15:00 London / 10:00 New York - US UoM Consumer Sentiment & Inflation Expectations - Key for reading consumer psychology and forward inflation risks.
🌐 Market Moving News:
Yen strengthens as BOJ rate-hike speculation grows.
China home prices forecast to fall through 2026, deepening housing concerns.
Asset Snapshots:
🟢 S&P 500: Bullish - Holding near weekly highs despite softer tech performance.
🔴 USD (DXY): Bearish - Pressured by rising confidence in Fed rate cuts.
🟢 Gold: Bullish - Supported by lower yields but capped by risk-on sentiment.
⚪ Oil: Neutral - Balancing supply concerns with weak demand signals.
🔴 Bitcoin: Bearish - Still digesting a steep correction and weak retail flows.
Volatility S&P 500 Index (VIX): 15.79 - VIX is slipping further, showing complacency, but macro data today could spark a reversal.
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: 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:
USD weakness could deepen if PCE misses expectations.
BTC may retest support around $90,000 if risk sentiment stays uneven.
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.