- Wall Street indices continue to rise on Triple Witching Day, reaching new all-time highs, driven by the dovish interpretation of the Fed’s recent interest rate cut.
- The US100 contract is already up 0.4% a little over two hours before the session close, surpassing 24,800 points. The US500 is up 0.15%, trading above 6,700 points.
- Neel Kashkari stated that he supported the recent rate cut decision and would favor two more cuts this year. In 2026, Kashkari will be a voting member of the FOMC.
- Miran, a newly appointed Fed Board member, indicated that to reach a neutral rate, interest rates should be cut by 50 basis points.
- Despite the dovish interpretation of the Fed's move, EUR/USD is declining for the third consecutive session, testing the 1.1750 level. This comes after briefly hitting 1.19 during the Fed decision — the highest level since 2021.
- Gold and silver are recovering losses today, gaining 0.7% and 2.0% respectively. Silver could close today at its highest level since 2011.
- The Bank of Japan, under Governor Kazuo Ueda, decided to keep the interest rate at 0.50%. At the same time, a plan was announced to gradually sell its holdings of ETFs and REITs.
- Retail sales in the UK rose by 0.5% in August 2025 compared to the previous month, exceeding analysts’ expectations of a 0.3% increase.
- In Germany, producer prices fell by 0.5% compared to the previous month, while the market had expected a 0.1% drop.
- Retail sales in Canada decreased by 0.8% in July 2025 on a monthly basis, in line with market expectations. The report, especially when excluding auto sales, came in weaker than expected, reducing the likelihood that the Bank of Canada will stick to its cautious stance and increasing the chances of earlier rate cuts.
- Donald Trump spoke with President Xi today and reported a positive outcome from the talks. He announced plans to meet Xi during the upcoming APEC summit in South Korea.
- Later this evening, Moody’s is expected to announce its decision on Poland’s credit rating.
- Bitcoin is down over 1.3% today, trading around $115,670, while Ethereum is down nearly 3%, testing levels near $4,460.
- The latest AAII investor sentiment survey in the U.S. showed an increase in bullish sentiment to 41.7%, up from 28%. This marks the largest weekly jump since January and the highest nominal level since July, when the percentage of bullish investors reached 45%.
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
