On financial markets, the wait for the Fed continues, while gold resumes its rally on speculation of a larger-than-expected rate cut
On financial markets, the run-up to the Fed meeting continues. While the Senate confirms Stephen Miran’s entry into the board, gold is moving higher again on speculation of a more substantial rate cut than the expected 25 basis points. In the meantime, retail sales figures will provide further clues on the resilience of consumption. Equities and bonds remain bullish, with correlation staying positive and reaching six-month highs.
Our intermarket dashboards highlight the increase in positive correlation between stocks and bonds, well above the yearly average and at its highest level in over six months. On the commodities front, the upward crossover between the 10-day and 50-day moving averages is confirmed — a short-term bullish signal that should be monitored. Meanwhile, gold, after a brief pause, is once again showing strength.
On the macroeconomic side, labor market data from the UK, Eurozone industrial production, and German analyst sentiment are awaited. Also important are Canadian inflation figures, as well as U.S. retail sales, import prices, and industrial production.
Our forward-looking analysis confirms a positive outlook for equities, with stronger signals also emerging for European markets. In fixed income, positive indications are limited to the dollar corporate segment. Volatility remains stable.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 16 September 2025 - 7:32 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.
