Market News
Economic Calendar — Next 7 Days
Top Movers
Geopolitical
US Treasury Yields Rise on Strong Jobs Data, Fed Policy Expectations Shift
August employment figures beat expectations, reinforcing sticky inflation concerns and reducing likelihood of aggressive Fed rate cuts. Treasury yields across the curve moved higher, with 10-year yields approaching 4.2%, pressuring risk assets and supporting USD strength.
Middle East Tensions Escalate; Oil Prices Surge on Supply Risk Premium
Escalating regional tensions raised crude oil prices 2.5% intraday as traders reassessed supply chain vulnerabilities. WTI traded near $82/barrel with elevated volatility expected to persist through the week.
ECB Officials Signal Cautious Approach as Eurozone Growth Slows
European Central Bank policymakers expressed concern over Q3 growth momentum while inflation remains above target. Markets reduced bets on further rate cuts through year-end, supporting EUR but weighing on equity futures across Europe.
China Manufacturing PMI Shows Contraction; Yuan Weakens on Stimulus Concerns
August factory activity fell below 50, signaling contraction and prompting speculation about additional fiscal stimulus measures. The yuan depreciated 0.3% against the dollar amid risk-off sentiment and capital outflow concerns.
BoJ Maintains Hawkish Stance; Yen Rallies on Rate Hike Bets
Bank of Japan officials suggested gradual monetary tightening path, supporting JPY across majors. USD/JPY declined 0.4% as carry traders reassessed positioning ahead of potential September rate decision.
China's Yuan Weakens as Growth Concerns Persist
The Chinese currency declined following softer-than-expected economic indicators and signs of capital outflow. Beijing's efforts to support growth through stimulus measures have so far failed to restore investor confidence.