S&P 500 extended swing clients‘ gains, and intraday one had theirs protected before the aftermarket weakness. Ask yourselves though what has changed and what has not, how this affects your trading style.

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This week’s ISM manufacturing PMI could set the stage for a big week of U.S. data, especially Friday’s jobs report. Forecasts see the index stuck in contraction, possibly fueling worries about manufacturing weakness spreading further. Traders are also on alert for its Fed policy implications, with Cook’s sudden firing adding even more uncertainty to the mix. Here…

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Tesla (TSLA) has cut the price of its Model 3 rear-wheel drive sedan in China by 3.7%, bringing the starting price down to 259,500 yuan (about US$36,279), according to an update on its website Monday. The move comes just a month after the U.S. EV maker rolled out the new variant of the Model 3 in China, which it…

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Welcome to a brand new trading month, fellas! Here’s a rundown of the major themes driving the markets lately and what to look out for next.

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New Zealand Building permits, for July 2025 +5.4% m/m prior -6.0% for the y/y -0.1% These data tend to be ‘lumpy’ due to multi-unit approvals impacting month to month. NZD/USD little changed around 0.5895. – In other news fron NZ PM Luxon says he’ll be annoucning a new Governor for the Reserve Bank of New Zealand in a few…

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GBP/USD consolidates above 1.3450 with muted reaction to US inflation data The British Pound (GBP) trades under pressure against the US Dollar (USD) on Friday, snapping a three-day winning streak as the Greenback holds firm. GBP/USD is finding a footing above 1.3450 during the American session, stabilizing after the release of the US Personal Consumption Expenditures (PCE) Price Index…

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European Central Bank Governing Council member Olli Rehn, governor of the Finnish central bank spoke in an interview with Finnish newspaper Helsingin Sanomat on Sunday. Rehn says the European Central Bank should take a flexible approach on interest rate decisions in the meetings ahed. Rehns said there are more downside risks to EU-zone inflation stemming from a stronger euro…

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The Swiss Franc strengthens for a fourth straight day, sending USD/CHF toward fresh one-month lows. The US Dollar Index (DXY) slips below 98.00 as markets price in an 89% chance of a Fed rate cut in September. US July PCE report showed sticky inflation pressures alongside strong household spending. The Swiss Franc (CHF) extends its rally for the fourth…

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Headlines: Markets: USD leads, GBP lags on the day European equities lower; S&P 500 futures down 0.3% US 10-year yields up 1.8 bps to 4.225% Gold down 0.3% to $3,405.82 WTI crude down 0.4% to $64.35 Bitcoin down 1.6% to $110,106 There wasn’t too much action on the session as markets are looking to wrap up the month of…

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