More from RBA’s Bullock: RBA has room to move if the global economy takes a bad turnChina sets 4% steel growth goal, bans capacity expansion, and pushes green upgradeKiwiBank: RBNZ to cut 75bp by year-end, economy not recovering from recessionBerkshire Hathaway exits BYD, closing out 17-year investment in Chinese EV maker.UBS lifts USD/JPY forecast, yen seen stuck in 140–150 range amid political risksPeople’s Bank of China injects 300bn yuan through 14-day reverse reposMore from RBA Gov. Bullock: In a very good position on inflationPBOC sets USD/ CNY reference rate for today at 7.1 (vs. estimate at 7.1159)Reserve Bank of Australia Governor Bullock says tightness remains in labour marketJapan PM contender Hayashi says weak yen has contributed to inflationBOJ outlines century-long ETF unwind, markets confident Japan’s stock rally can endurePBOC is expected to set the USD/CNY reference rate at 7.1159 – Reuters estimateGoldman Sachs AM: BoE to hold rates in 2025, easing cycle seen resuming February 2026Dalio: US debt crisis threatens currencies. Says buy gold, it’ll gain as safe store.UBS forecasts S&P 500 as high as 7,500 into mid-2026.China seen holding lending rates steady today despite Fed cut. Unchanged 4 straight monthsEuro may hit $1.24 in 2026 as ECB holds steady, Fed cuts weaken dollar.Saks Global is considering selling 49% of Bergdorf Goodman for about $1 billionKey US inflation data that was due this week has been “postponed “ECB’s Scicluna flags trade, euro risks but sees policy well placedSouth Korea’s Lee warns US $350bn demand could spark 1997-style financial crisisECB’s Kazaks: No rush for more interest rate cuts, inflation near 2% acceptableEconomic calendar in Asia 22 September 2025 – Reserve Bank of Australia Governor BullockMonday open levels, indicative FX prices, 22 September 2025ECB Stournaras signals rate cuts over, more easing needs major shift in inflation outlookNewsquawk Week Ahead: US PCE, SNB, Flash PMIs, Aussie and Tokyo CPIThe yen slipped in the session, with nerves ahead of Japan’s leadership election weighing on sentiment. USD/JPY pushed above 148.35. Elsewhere, moves across major FX pairs were limited.RBA Governor Bullock spoke in parliament, sounding less than dovish. She pointed to inflation appearing under control, a resilient labour market and domestic data broadly in line with, or slightly stronger than, expectations. AUD/USD was little changed.In China, the People’s Bank of China held benchmark lending rates steady for a fourth straight month, leaving the one-year loan prime rate at 3.0% and the five-year at 3.5%. The decision, which followed last week’s Fed cut, was in line with expectations that authorities would avoid fresh stimulus for now amid a recent stock market rally. The one-year LPR guides most new and outstanding loans, while the five-year influences mortgage pricing.Gold was steady, trading just under US$3,700. Asia-Pac stocks:Japan (Nikkei 225) +1.5%Hong Kong (Hang Seng) -1.1%Shanghai Composite -0.22%Australia (S&P/ASX 200) +0.4% This article was written by Eamonn Sheridan at investinglive.com. Source: investinglive.com (Read Full Article)

Goldman Sachs raises S&P 500 2025 year end target to 6800 (prior 6600) Nothing further at this stage. This article was written by Eamonn Sheridan at investinglive.com. Source: investinglive.com (Read Full Article)

There aren’t any major expiries to take note of on the day, with the full list seen below.It’s looking set to be a quieter start to the new week, with not much on the economic calendar for the day ahead. That will keep the focus residing on the post-Fed follow through from last week, with market players mostly putting the onus on economic data to prove their outlook wrong.The dollar is in a decent spot, with EUR/USD keeping a bit of a rejection of 1.1900 while USD/JPY moves back closer towards its 200-day moving average of 148.56. The latter will be one to keep an eye out for on the week.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know! This article was written by Justin Low at investinglive.com. Source: investinglive.com (Read Full Article)

Gold continues to be underpinned in post-Fed trading since last week, with dip buyers stepping in on Friday to reinforce their conviction. That is helping to build some added momentum today with price once again looking to contest the $3,700 level. So, what’s next for gold this week?The aftermath of the Fed is leading to a key takeaway that the onus is now on US data to prove the market pricing wrong on the Fed outlook. As such, US data will be one of the more important things in influencing dollar sentiment and the broader market mood.This week will feature PMI data tomorrow but there will also be the weekly initial jobless claims on Thursday, though the big one will be the PCE price index on Friday. That alongside some continuation in Fedspeak of course. All that before we start gearing towards the most crucial one, which will be the US labour market report at the end of next week.As such, gold will have to take clues from how traders are feeling about the dollar this week. And there might not be all too much to work with. In the bigger picture though, the bullish fundamental factors are going to keep underpinning gold and I don’t see that changing.With dip buyers also stepping in so quickly, it continues to reinforce the ongoing momentum we’ve been seeing since the upside breakout earlier this month. The sky’s the limit for gold and even if there will be a brief pullback or correction, the play will continue to be a buy on dips.The key thing to watch is whether or not that might come before we start to get closer to the stronger seasonal months in December and January. This article was written by Justin Low at investinglive.com. Source: investinglive.com (Read Full Article)

German DAX futures -0.1%French CAC 40 futures +0.1%UK FTSE futures -0.1%European indices limped into the close last week but Wall Street finished strongly with fresh record closes, as tech shares led the way. The run higher continues to be one that is unrelenting, with the onus now falling on US data to prove market players wrong about their outlook on the Fed. The start of this week is looking more tepid though, with US futures also just marginally lower by 0.1% – for now at least. This article was written by Justin Low at investinglive.com. Source: investinglive.com (Read Full Article)

The crash started roughly at 5:59 GMT with Bitcoin falling more than 2% in a couple of minutes while Ethereum followed with a 5% drop. Other cryptocurrencies were also affected, so it seems like it affected the entire crypto market. For example, Solana fell by 7% in just 3 minutes. All of this happened without a clear catalyst though.In the bigger picture, Bitcoin just dropped into a key level at 111,900 where we got multiple rejections in the past months. This is also where the price is bouncing from as dip-buyers pile back in. A break below this level could take us back to the September low at 107,250 and further below that, the 100K level comes into sight.On the macro fundamental side, the only catalyst we got was the FOMC decision where the dot plot showed a more hawkish rate path than the market was pricing in. Fed Chair Powell though stressed that they don’t want the labour market to weaken further and that’s why they are cutting rates despite inflation being above target. This is supportive for risk assets like cryptocurrencies but in the short term a hawkish repricing in interest rates expectations could keep a lid on further gains. We would need strong US data for that though. This article was written by Giuseppe Dellamotta at investinglive.com. Source: investinglive.com (Read Full Article)

There was some pushing and pulling in the dollar after the Fed last week. But at the balance, the greenback is keeping steadier with a modest rebound against some of the major currencies bloc. EUR/USD is keeping with a rejection of the 1.1900 mark while GBP/USD slides back to under 1.3500 for now, keeping just below its 100-day moving average of 1.3479.Both pairs are seeing the near-term bias switch back to favour sellers but things are looking calmer at least to start the new week. The change among dollar pairs so far today is light, with less than 0.1% across the board.Traders are still largely digesting what to make of the post-Fed mood, that especially now that the onus is on US economic data to prove market players wrong with regards to the Fed outlook.As things stand, traders are pricing in ~44 bps of rate cuts by year-end. As such, any major softness in the dollar and dovish pricing will be more limited with nearly two 25 bps rate cuts already priced for October and December.Of the dollar pairs this week, do keep an eye out for USD/JPY. The pair has been in consolidation mood for a while now and may look for a break on either side of its daily moving averages. The 200-day moving average (blue line) is one that sits nearby now with the pair holding just above 148.00 to start the week.That’s one that could lead to something a bit more interesting at least in the FX space during the course of this week. This article was written by Justin Low at investinglive.com. Source: investinglive.com (Read Full Article)

Bullish above: 6716 Bearish below: 6713 Primary bias: Bearish while under 6713 Partial targets (bears): 6709.25, 6705.25, 6702.75, 6698, 6691.25 Partial targets (bulls): 6717.75, 6721, 6729.5S&P 500 Market Context & Directional BiasAt the time of this analysis, E-mini S&P 500 futures (ES) trade at 6711.5, about 0.16% below Friday’s close. Despite today’s early hesitation, the broader S&P 500 trend remains constructive: the index is up over 10% in three months, 15% in six months, and 16.2% year-on-year.For intraday traders, the bearish threshold at 6713 is already in play, as price is below it. This activates the downside roadmap unless buyers reclaim the line. On the other side, bulls only gain confirmation above 6716, where upside targets open.Today’s S&P 500 Futures Key Levels & Partial-Profit StrategyBearish Roadmap6709.25 → Friday’s VWAP overlapping with Thursday’s Value Area High. 6705.25 → Liquidity pool from Friday, likely to attract flow. 6702.75 → Friday’s Value Area Low, adding downside weight. 6698 → Extension target for intraday shorts. 6691.25 → Final day-trading bearish target. Swing sellers can extend toward 6663 once earlier levels are secured.Bullish Roadmap6717.75 → Initial upside checkpoint for breakout trades. 6721 → Friday’s Point of Control (POC), where heavy trading took place. 6729.5 → Friday’s Value Area High, capping today’s bullish stretch.Reminder: Once TP2 is reached, stops should be moved to entry (breakeven) to safeguard gains and manage any runner.Broader Market Backdrop Affecting the S&P 500The S&P 500 does not trade in a vacuum. Today’s subdued start is echoed across assets: major currencies held muted while Eurostoxx futures opened flat.Meanwhile, volatility resurfaced in digital assets with cryptocurrencies crashing into the EU open. Traders are also bracing for catalysts highlighted in our main events preview.This cross-market context underlines why today’s S&P 500 technical analysis is best read within a global framework. Visit investingLive.com, formerly ForexLive.com, for additional views.Educational Corner: VWAP, Value Area & tradeCompassThe VWAP (Volume Weighted Average Price) serves as an intraday benchmark of fair value. Trading above VWAP often signals buyer strength, while trading below it reflects seller control.The Value Area, defined by the VAH (Value Area High) and VAL (Value Area Low), contains about 70% of the previous day’s trading activity. These zones frequently act as natural turning points.The tradeCompass approach defines bullish and bearish thresholds, then maps logical profit-taking points such as VWAP, POC, and liquidity pools. This structure helps traders avoid guesswork while securing gains. Stops are always set just beyond the entry-side threshold (with a small buffer), never beyond the opposite threshold, since that breach invalidates the trade setup.Trade Management Rules for Today’s S&P 500 Futures PlanOne trade per direction per tradeCompass roadmap.Secure partial profits at logical targets.After TP2, stops move to breakeven.Stops are close to the activation threshold, but never past the opposite threshold.Entry confirmation is flexible — candle closes, retests, or trader-specific setups.Professional DisclaimerThis S&P 500 analysis is intended for educational and decision-support use only. It is not financial advice. Futures trading involves substantial risk, and past performance does not guarantee future results. Always trade with caution and adapt strategies to your own risk tolerance. This article was written by Itai Levitan at investinglive.com. Source: investinglive.com (Read Full Article)

Fundamental OverviewGold managed to push into yet another all-time high today. This bullish momentum has been building since Friday. The market continues to run by inertia as we haven’t got any strong negative catalyst.Nonetheless, the Fed didn’t match the very dovish rate path priced in by the market and that could mean that strong US data could trigger a hawkish repricing in interest rates expectations, especially considering the current divergence between the market pricing and the Fed’s forecast. This in turn could offer a pullback which would be similar to what happened last year. In the bigger picture though, gold should remain in an uptrend as real yields will likely continue to fall amid the Fed’s dovish reaction function. In the short-term, hawkish repricing in interest rates expectations will likely keep on triggering corrections.Gold Technical Analysis – Daily TimeframeOn the daily chart, we can see that gold managed to set yet another all-time high today. From a risk management perspective, the buyers will have a better risk to reward setup around the major trendline, while the sellers will look for a break lower to extend the drop into the 3,120 level next. Such a big correction might happen if we get strong US data that triggers a hawkish repricing in interest rates expectations.Gold Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see that the price bounced from the minor upward trendline around the 3,630 level. The buyers will likely continue to lean on the trendline to keep pushing into new highs, while the sellers will look for a break lower to pile in for a drop into the major trendline.Gold Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that we have the top trendline around the 3,723 level that could act as resistance. The sellers will likely step in around these levels with a defined risk above the trendline to position for a pullback into the minor upward trendline. The buyers, on the other hand, will want to see the price breaking higher to increase the bullish bets into new highs, although it might not happen today given that the price is already trading near the top of the average daily range for today.Upcoming CatalystsTomorrow we have the US Flash PMIs and Fed Chair Powell speaking. On Thursday, we get the latest US Jobless Claims figures. On Friday, we conclude the week with the US PCE report. This article was written by Giuseppe Dellamotta at investinglive.com. Source: investinglive.com (Read Full Article)

Eurostoxx -0.4%Germany DAX -0.5%France CAC 40 -0.4%UK FTSE -0.2%Spain IBEX -1.2%Italy FTSE MIB -0.5%The negative mood is not helped by US futures, which have also slipped further to start the session. S&P 500 futures are now down 0.3% on the day but that just eats a little into the gains on Friday. In Europe, Spanish stocks are lagging on BBVA’s latest deal sweetener in their takeover bid of Sabadell. The former is down nearly 2% with the latter down 4% as we get things going on the session. This article was written by Justin Low at investinglive.com. Source: investinglive.com (Read Full Article)