- U.S. index futures are rebounding after a mixed session driven by weakness in Nvidia shares.
- Oil prices are falling as India reduces orders for Russian crude.
- JPY weakness is fuelling concerns about potential currency intervention.
- U.S. index futures are rebounding after a mixed session driven by weakness in Nvidia shares.
- Oil prices are falling as India reduces orders for Russian crude.
- JPY weakness is fuelling concerns about potential currency intervention.
-
Wall Street had a mixed session yesterday, as a 3% drop in Nvidia shares shifted capital toward more traditional companies. The Dow Jones gained nearly 1.2%, reaching a new all-time high, while the Nasdaq closed lower (-0.3%).
-
Currently, futures on key indices are trading higher, supported by expectations surrounding a U.S. House vote on a bill that could end the record-long government shutdown (US100: +0.3%, US500: +0.2%, EU50: +0.1%).
-
The latest weekly ADP data showed an average decline of 11,250 jobs per week over the past four weeks, despite a positive reading two weeks ago (+14,250).
-
In the Asia-Pacific region, sentiment remains mixed. HK.cash and CNH.cash are up about 0.35–0.4%, supported by a rebound in tech stocks and optimism in cyclical sectors. JP225, however, is trading lower, weighed down by a sell-off in SoftBank shares after it sold its stake in Nvidia.
-
Brent and WTI crude futures are down about 0.3% after most Indian refiners halted Russian oil purchases for December following U.S. sanctions on Rosneft and Lukoil. Only IOC and Rosneft-partly-owned Nayara Energy placed orders. IOC bought 3.5 million barrels from non-sanctioned suppliers and plans to replace Russian supplies with imports from the Middle East and the U.S.
-
According to A. Hauser of the RBA, the central bank is still debating how restrictive monetary policy should remain amid Australia’s recent inflation rebound. However, Hauser softened the hawkish tone, noting that “there is no level of unemployment that would make the RBA pleased.”
-
In the forex market, the dollar index is flat after yesterday’s 0.2% decline; the Japanese yen continues to weaken against, with USDJPY approaching the psychological 155 level, raising concerns about potential currency intervention. The AUD remains the strongest G10 currency, supported by a hawkish RBA and rising risk appetite (AUDUSD: +0.17%). EURUSD is slightly lower after yesterday’s 0.25% rise, currently at 1.158.
-
Gold is erasing yesterday’s gains, down 0.25% to $4,116 per ounce, while silver is up another 0.5% to $51.53 per ounce.
-
Optimism dominates the cryptocurrency market: Bitcoin is up 0.47% to $103,570, and Ethereum rises 0.5% to $3,452.
Daily summary: Nervous anticipation, SaaS sell-off and weak macro data
“SaaS-pocalypse” continued
Three Markets to Watch in the Week Ahead (10.04.2026)
US OPEN: The market calms down ahead of earnings season
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
