This article has been translated from English to Gen Z Slang.
Alright fam, it's the last hurrah for September and Q3, with US stocks being all "meh" 📉 and the USD barely budging, even with everyone stressing about a possible U.S. government shutdown. Meanwhile, gold is like, "I'm not gonna stop till I hit the top" 🏆, and oil's still feeling some major FOMO due to too much supply.
Don't sleep on the latest scoop and financial tea you might've missed in the most recent trading sessions!
Feed Your Brain:
- Australia Building Permits Prel for August 2025: -6.0% m/m (vs. -4.0% m/m predicted; last was -8.2%) ➡️ Not looking fab, mates!
- China NBS Manufacturing PMI for September 2025: 49.8 (49.9 expected; was 49.4) 📉
- China NBS Non Manufacturing PMI for September 2025: 50.0 (aimed for 50.7; last was 50.3) 🤷
- Australia RBA Interest Rate Decision: 3.6% (exactly as planned) – RBA's like, "Chill, let's not change a thing," but Bullock is being all extra careful 😅
- Germany Consumer Price Index Growth Rate Prel for September 2025: 2.4% y/y (expected 2.3% y/y; last was 2.2%) 📈
- U.K. GDP Growth Rate Final for Q2 2025: 0.3% q/q (bang on target; previous was 0.7%) 🏳️
- U.S. JOLTs Job Openings for August 2025: 7.23M (estimated 7.1M; was 7.18M) 🙌
- U.S. CB Consumer Confidence for September 2025: 94.2 (wanted 95.0; last was 97.4) – oof, not so lit 📉
- U.S. Chicago PMI for September 2025: 40.6 (predicted 41.0; last was 41.5) – yeah, that’s a vibe no one wants (not good) 🚫
- Deadline for the gubmint shutdown is at midnight, no tea yet ☕
Drama in the Markets:
Dollar Index, Gold, S&P 500, Oil, U.S. 10-yr Yield, Bitcoin Overlay Chart by TradingView
Tuesday was a chill sesh until stocks decided to glow up and post some gains later in the day. 😎 Everyone's new fave gossip—is the gov shutdown gonna delay major labor news that we need to FINALLY decide on those rate cuts from the Fed? 🤔 The vibes stayed pretty low-key all day 'cause traders stayed woke and cautious. 🚨
The S&P 500 was like, "Ayy, I'm up 0.3% at 6,676.9" while the Nasdaq 100 flexed with a 0.4% rise. The initial hype? Yep, China said their manufacturing is slightly less awful 🤷, and AU was all like, "Chill, let's not raise rates." But then, U.S. consumer feels and Chicago’s PMI were like, "Nah fam, remember the bigger picture's rough" which low-key dampened the mood.
Gold went beast mode again, flexing with another high at $3,853.1/ounce 🏅. Everyone is mad anxious; Fed and government shutdown are like "the drama isn't over," and financial deets are on hold – gold's stans are livin'. 🌟
WTI crude oil’s having a bad hair day, down 0.7% to $62.30. Biggest buzz kill? OPEC+ might drop some more supply on us come Sunday. 😩
Bitcoin held its ground—that $114k is still its bestie, even with the world on drama alert. 💼 Crypto fans continue to see it as the better bet when shinier currency stories aren't shining. 💡
10-year Treasury yields were vibing mostly sideways, with a slight detour – traders stacked bonds pre-shutdown. But just before wraps, it hit around 4.10% as the chill vibes didn't last. 📈
U.S. Dollar's Team Dynamics:
Overlay of USD vs. Majors Chart by TradingView
The USD was getting ghosted by the majors on Tuesday, being all weak sauce 🤑. Shutdown feels and that messy data had traders all "meh" about it. 💔
The dollar had a rough start in Asia, as neither China’s PMI sighs nor the RBA's rate freeze brought any joy. Shutdown sagas and wishful fedspeak rocked that USD ship.
Morning in the U.S. brought some hype with JOLTs jobs data low-key beating the charts at 7.23 mil, but then, the consumer confidence nosedive took over, booting the USD from the majors party before Europe clocked out.
The Aussie made moves, likely vibing from the RBA chill. Meanwhile, the yen was doing its thing too—everyone's fave, when drama hits hard. 🙌
What’s Poppin':
- NZ Build Permits for August 2025 at 9:45 pm GMT
- Aussie AIG Manufacturing Index for September 2025 at 11:00 pm GMT
- Japan S&P Global Manufacturing PMI Final for September 2025 at 12:30 am GMT
- UK Nationwide Housing Prices for September 2025 at 6:00 am GMT
- Swiss Retail Sales for August 2025 at 6:30 am GMT
- Swiss procure.ch Manufacturing PMI for September 2025 at 7:30 am GMT
- Eurozone HCOB Manufacturing PMI Final for September 2025 at 8:00 am GMT
- UK S&P Global Manufacturing PMI Final for September 2025 at 8:30 am GMT
- Euro housekeeping: CPI Growth Flash for September 2025 at 9:00 am GMT
- US MBA 30-Year Journey of Lows & Apps for Sept 26, 2025 at 11:00 am GMT
- US ADP National Jobs Drop for September 2025 at 12:15 pm GMT
- Swiss SNB Quarterly Bulletin at 1:00 pm GMT
- Canada's Bond to S&P Global PMIs for September 2025 at 1:30 pm GMT
- US ISM Manufacturing Flashbacks for September 2025 at 2:00 pm GMT
- US EIA Oil Drama Change for Sept 26, 2025 at 2:30 pm GMT
- Canada BoC Tale of Deliberations at 5:30 pm GMT
Mid-week adventures bring two major U.S. reveals with drama potential, especially since the big payrolls data drop Friday might be a no-show due to gov-closure chaos. 😩
The ADP employment tea, eyeing just 45k squad growth, will be watched like a hawk for signs they've been skipping leg day. 📉 Any big oof could tank the dollar and lift risky vibes.
The ISM Manufacturing deets will highlight if factories can keep the FOMO going—anything under 50 could reaffirm the dreaded "R" word, tank yields, send grandma to gold, nearing $4K. 🤣
