European markets steady as traders await NFP release
Eurozone retail sales fell 0.6% m/m in July; markets trade sideways ahead of US NFP data.
04/09/2026 11:317 min read
Macro Rates
Retail traders misled by economic calendar impact labels
Retail traders lost money after relying on economic calendar impact labels, which fail to account for context and unscheduled events.
04/09/2026 09:528 min read
Consumer caution weighs on Eurozone retail sales in July
Eurozone retail sales fell 0.6% m/m in July, and EU sales declined 0.4%. Year on year, euro area rose 0.6% and EU rose 1.0%.
04/09/2026 09:325 min read
Forecast distribution for US non-farm payrolls analyzed
Analysis of forecast distribution for US non-farm payrolls, unemployment rate, and average hourly earnings data.
04/09/2026 08:116 min read
Asia-Pacific shares drift ahead of US payrolls data
Asian markets were directionless as traders awaited US payrolls, with currencies recovering and commodities steady.
04/09/2026 04:019 min read
New Zealand central bank signals next rate hike likely in December
The RBNZ raised rates again but signaled the next hike is more likely in December than October.
04/09/2026 03:3316 min read
Diesel shortages and strong ISM data flag persistent inflation threat for gold and stocks
Diesel supply tightness and hot ISM price indexes signal entrenched inflation, threatening gold and stocks.
04/09/2026 02:4930 min read
Kospi Rises on Fed Rate-Hold Hopes
South Korea's Kospi rose 1.14% on Friday after Fed's Waller signaled a rate hold. Jobs data awaited.
04/09/2026 02:269 min read
JPMorgan says $103 billion yen short could spark deeper slide in USD/JPY
JPMorgan warns a $103 billion yen short bet could accelerate USD/JPY losses below 155, though it doubts the rally will go much further.
04/09/2026 02:0111 min read
September Fed Rate Hike Odds Slip to 50/50 as Bitcoin Tests $82,000
Odds of a September Fed rate hike fell to 50/50 on Friday, reversing a 70% probability from a day earlier, as Bitcoin rallied near $82,000.
04/09/2026 01:588 min read
Gold whipsaws on rate bets, braces for payrolls test
Gold fluctuates near $4,475 as traders await US payrolls data after a volatile week driven by shifting Fed rate expectations.
04/09/2026 01:4115 min read
Understanding why currencies stay still after central bank remarks
Hansen's remarks contained no new information, so NZD didn't move. A flat currency response to central bank comments signals either that or a market that hadβ¦
04/09/2026 00:5211 min read
Japan's July household spending sees steepest fall since January 2024
Japan's household spending fell 3.6% in July from a year earlier, the biggest drop since January 2024. A September BOJ hike remains almost fully priced in, atβ¦
04/09/2026 00:223 min read
Unpacking the myth of the magazine cover indicator in financial markets
The magazine cover indicator is widely misused but has a real mechanism worth understanding.
03/09/2026 23:5121 min read
Waller's Remarks Shift Fed Rate-Hike Odds by 12 Points in Minutes
Waller's comments triggered a 12-point drop in September rate-hike odds, as captured by CME FedWatch's live futures pricing.
03/09/2026 23:1125 min read