A Traders’ Weekly Playbook: Equity Strong, Gold ATHs & JPY volatility
Global markets extend their risk rally as traders eye Japan’s new LDP leadership, Fed and RBNZ rate cuts, and the Supreme Court’s looming IEEPA tariff ruling.
A Look Ahead To Q3 25 US Earnings Season
Corporate reporting season will soon be upon us once more, with the banks set to kick things off in mid-October. As trade uncertainty fades, and the FOMC resume the easing cycle, participants will be seeking evidence not only that earnings growth remains solid, but also that the underlying US economy remains in robust shape.
Participants Ignore Political Pantomime As Jobs Day Postponed
Markets were steadier on Thursday as participants, rightly, ignored the ongoing political pantomime in Washington DC, while a barren docket awaits today, amid the postponement of the September US jobs report.
Silver Continues To Shine
It’s been a bumper year for silver, and for precious metals at large, with XAG now up a chunky 49% YTD. Those gains have accelerated in recent weeks, with the rally really starting to kick into a higher gear since the start of September, now standing at almost 20% in the last four weeks alone.
Choppy Trade As Government Shutdown Continues
Conditions were choppy on Wednesday, amid a mixed slate of economic data, as the US government shutdown continued. Today, a relatively light docket lies in wait.
Q4 Begins As US Government Shuts Down
Markets traded in choppy fashion on Tuesday, despite better-than-expected US job openings data. Today, as Q4 gets underway, the US government shutdown begins, while manufacturing PMIs highlight the calendar.
Looking Ahead To The 2025 UK Budget
Chancellor Rachel Reeves will deliver the Budget in a little under two months’ time, with the prospect of further significant tax hikes looming large, as another fiscal ‘black hole’ needs to be plugged, with bond vigilantes waiting in the wings to pounce.
Stocks Gain And Gold Rallies As Government Shutdown Looms
Markets brought more of the same yesterday amid further gains on Wall Street, and fresh record highs for gold, while the dollar softened. Today, JOLTS job openings highlight the docket, as a US government shutdown looms.
Preview For The September 2025 US Jobs Report
The first Friday of the month, as usual, is scheduled to bring our latest update on US labour market conditions, though the looming threat of a government shutdown raises the prospect that the release of the figures could be postponed.
Gold Outlook: Price Breaks $3,800, Least Resistance Path Remains Upward
Gold breaks above $3,800 to a new record high as Fed rate cut expectations, U.S. government shutdown risks, and geopolitical tensions drive safe-haven demand, with ETF inflows fueling continued gains.
Calmer Conditions Prevail Ahead Of Busy Start To Q4
Markets were relatively calm on Friday as data failed to move the needle, with stocks a touch higher, and the dollar modestly softer, into the weekend. This week, a busy docket awaits, highlighted by the latest US jobs report.
How Traders Are Approaching the Rise and Rise in Silver and Platinum
Silver and platinum have surged, with silver up 60% YTD. Should traders chase momentum, fade the rally, stand aside, or trade relative value vs gold? Explore key strategies and risks.
US Economy Sizzles As Sentiment Wobbles
Sentiment wobbled yesterday despite solid US data, as markets priced a more hawkish path for Fed policy. Today, US PCE & final UMich sentiment data highlight the docket.
Markets Meander Amid Dearth Of Catalysts
Markets plodded along, yesterday, amid a lack of fresh catalysts, seeing stocks soften a touch, while the dollar continued to rebound. Today, a busy economic docket awaits, though little is likely to move the needle.
Powell Proffers Nothing New As Light Docket Awaits
Fed Chair Powell delivered a repeat of last week’s press conference in remarks yesterday, though stocks rolled over a touch anyway, as markets elsewhere trod water. A light docket awaits today.
Time For The Buck To Smile Again
2025 has so far been, and likely will go down as, a dismal year for the greenback. However, the tide does appear to be turning somewhat, with that one-way bearish trade possibly having now run its course.
Risk Rally Rolls On As Greenback Rolls Over
Stocks extended gains, as gold notched another new record, yesterday, while the greenback rolled over, amid a lack of fresh catalysts. Today, ‘flash’ PMIs, and remarks from Fed Chair Powell are in focus.
Gold Outlook: Prices Hit New Record Highs, Rate Cuts Remain the Main Driver
After a brief pullback, gold has resumed its upward momentum, trading above $3,700 and hitting new record highs. Bullish momentum is supported by Fed rate cut expectations and central bank purchases. Buying on dips remains the preferred strategy, with this week’s Fed speeches and core PCE data potentially driving short-term volatility.