The US dollar pulled back slightly and major Wall Street indices managed to cut some of the early losses following FED Waller remarks. This central banker is known for his hawkish approach and is certainly the most-hawkish 'core' Fed member, therefore his dovish comments caused some moves on the market. Waller said that 100 bps is unlikely unless retail sales and housing starts figures will "materially" jump above analysts consensus and in his opinion 75 bps would get the Fed to neutral and "you don't want to overdo rate hikes".
US100 bounced off local support at 11500 pts. Source: xStation5
The NZDUSD pair is trading near the flatline. Source: xStation5
Market Wrap: Tech stocks stabilize sentiment in Europe 📈 Adidas and Puma resilient despite Nike’s sell-off?
Chart of the Day: Sharp sell-off in China 📉 HK.cash posts its biggest decline since March (02.10.2026)
Morning wrap: Strong Wall Street, weak Europe and Asia 🚩 NFP to test equity strength
Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again