TradingKey

• USD/JPY pullback was driven by position-adjustment ahead of the Bank of Japan decision. • Narrowing U.S.-Japan interest rate spreads and capital flows favored the Japanese yen. • Technical indicators show neutral conditions with the RSI at 42.196.

• Bitcoin advanced after the Federal Reserve announced a widely anticipated 25-basis-point rate increase. • Institutional demand and short-covering helped Bitcoin decouple from broader declining equity markets. • Technical indicators show a neutral RSI reading alongside a sell signal on Williams %R.

TradingKey - Both CoreWeave (CRWV) and Nebius (NBIS) provide GPU compute power and supporting cloud services to AI labs, cloud providers, and enterprise clients.

TradingKey - On Thursday, September 17 (ET), futures on the three major US stock indexes rose collectively in pre-market trading. While the Federal Reserve delivered its rate hike and signaled room for further monetary policy tightening, the market believes the current tightening cycle will not necessarily continue to accelerate. Meanwhile, a retreat in international oil prices eased some inflationary pressures, driving a simultaneous rebound in both US stock and bond markets.

TradingKey - GNRC closed at $175.11 before Amazon's $2.4B generator deal sent shares about 34% higher premarket. Can the gap hold above $200?

TradingKey - In US pre-market trading on September 17, Generac (GNRC) rose over 34%. The company disclosed on September 16 that it had signed a long-term supply agreement with Amazon (AMZN) to provide backup generators for its data centers.

TradingKey - International oil prices have continued to decline following the Federal Reserve's resumption of rate hikes in September. This price adjustment is not driven by a single factor. Hawkish signals from the Fed, a strengthening US dollar, rising US refined product inventories, and Saudi Arabia seeking alternative export channels have collectively dampened previous market concerns over a further widening supply deficit.

TradingKey - Nokia (NOK) announced on Thursday a further expansion of its partnership with Microsoft (MSFT) to integrate the Nokia Data Suite with Microsoft Fabric, jointly building a data and AI platform for telecom operators to accelerate the deployment of network automation and Agentic AI in operator networks. Following the announcement, Nokia's U.S. pre-market shares rose nearly 5% to $10.59, after the company's ADR closed up 3.05% at $10.14 on Wednesday.

TradingKey - As of the market close on September 16, Eastern Time, SpaceX (SPCX) shares rose 5.15% to close at $150.88, reaching an intraday high of $153.01, with trading volume exceeding 100 million shares. Previously, the stock had pulled back for two consecutive trading sessions, dipping to $142.87 on September 15 before quickly recovering its losses, indicating strong buying support near the $145 level. Since its recent low of $135 on August 24, SPCX has rebounded by nearly 12%.

TradingKey - On September 16, Eastern Time, the Federal Reserve raised the target range for the federal funds rate by 25 basis points to 3.75% - 4.00%, marking its first rate hike since July 2023.

• Platinum rose due to persistent South African supply constraints and structural deficits. • Industrial consumption remained resilient, supported by green hydrogen and advanced electronics manufacturing. • Technical buying momentum, short-covering, and institutional capital inflows further propelled the advance.

TradingKey - The Federal Reserve resumed rate hikes after three years, but what truly caught the market off guard was not the 25-basis-point adjustment, but rather the hawkish stance conveyed by Chair Kevin Warsh and the dot plot's repricing of the duration of high interest rates.

Japanese and South Korean stock markets closed mixed as the KOSPI reversed course to finish lower, dragged down by losses in the semiconductor duo, while the Nikkei rallied late in the session to close higher.

• Strong New Zealand second-quarter GDP data drove NZDUSD higher. • Shifting interest-rate expectations and US dollar resistance supported the kiwi. • Technical indicators show oversold conditions with a bearish MACD signal.

• Brent crude declined as eased Middle Eastern export bottlenecks reduced geopolitical risk premiums. • Saudi Arabia increased crude loadings and pipeline restoration plans tempered physical supply fears. • Technical indicators show a MACD buy signal and neutral RSI of 58.759.

The Fed's hawkish decision triggered a market bloodbath, sending the three major indices plunging in unison. How did SpaceX manage to buck the trend and surge over 5%?

TradingKey — On September 16 Eastern Time, the Federal Reserve resumed rate hikes, raising the target range for the federal funds rate by 25 basis points to 3.75%–4.00%, marking its first rate increase since 2023. The rate hike was mainly driven by persistent above-target inflation, rising energy prices, and the ongoing resilience of the US economy. Meanwhile, the latest economic projections show that the Fed raised its 2026 PCE inflation forecast to 3.7% and its core PCE forecast to 3.4%.

• Solana capital flows were supported by institutional demand and spot ETF inflows. • Macroeconomic stabilization and reduced policy uncertainty improved short-term risk sentiment. • On-chain growth and protocol updates reinforced long-term structural adoption expectations.

TradingKey - As of the Asian trading session on September 17, gold prices (XAUUSD) rebounded sharply after falling to $4,235.44 on Wednesday, reclaiming the $4,300 level intraday today and reaching a high of $4,318.26. On Wednesday, gold prices briefly surged above $4,365 before plunging after the Federal Reserve announced its interest rate decision. Today's swift rebound suggests that the short-term market sell-off triggered by the bearish catalyst is drawing to a close.

With macro headwinds fully priced in, the Federal Reserve's decision spurred a broad rally in the crypto market, sending Bitcoin back to a high of $76,000.