Investors Reward Gold and Bonds Amid Fed Rate Cut Expectations
The effects of expectations on the Fed’s next moves continue. The bond market is accelerating upward and gold is recovering ground. Financial markets are waiting for new inflation data (due later this week) and today’s U.S. labor market figures. Equities are seen as positive in the U.S., uncertain in Europe. Bonds are still on the rise, while gold is showing signs of overheating.
Our intermarket dashboards confirm two trends that have emerged in recent weeks and are closely tied to expectations of U.S. rate cuts: gold continues to gain ground against the dollar and the Dow; the bond market is accelerating upward, pushing its correlation with equities into positive territory and close to the one-year average. At the same time, sentiment indicators continue to point to a risk-on environment.
On the macroeconomic front, today brings Australian consumer confidence data, French industrial production, and the annual revision of U.S. employment figures (particularly interesting after the August data).
Our forecasting analyses indicate a day with more positive signals for equities, especially U.S. markets. The outlook is more uncertain for Europe. In commodities, the situation remains very heated for gold (with overbought signals). In bonds, the corporate segment continues to show positive indications. Volatility remains stable.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 9 September 2025 - 7:31 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
