US stock markets finished the week well on Friday after PPI data came in better than expected to round out a busy week. The dollar took another step back across the majors as the market continued to price in a September rate cut from the Fed and traders continue to look at Japan for intervention.
Markets are expected to start the week in a busy fashion today as traders digest the assassination attempt on former President Trump over the weekend with FX players expecting to see some gapping and excessive volatility once markets open.
| Market | Change | Close |
| Dow | +0.65% | 40,014 |
| S&P | +0.57% | 5,616 |
| Nasdaq | +0.62% | 18,397 |
| USD | -0.41% | 104.09 |
| US Treasury – 2 Year | -2.6 bps | 4.481% |
| US Treasury – 10 Year | + 1 bps | 4.202% |
| Oil – Brent | -0.45% | $85.03 |
| Oil – WTI | -0.5% | $82.21 |
| Gold | -0.15% | $2,411 |
Today’s Events:
Asian Session
- Japan – Bank Holiday
- 12.00 pm – China – GDP and Industrial Production Data
US Session
- 10.30 pm – US – Empire State Manufacturing Index Data
- 2.00 am – US – Fed Chair Jermone Powell Speaks
