News
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Japanese PM's Resignation Sparks Market Panic: Yen and JGBs Sold Off Amid "Abenomics Return?" Fears
TradingKey - On September 7, Japanese Prime Minister Shigeru Ishiba announced his resignation on the eve of the Liberal Democratic Party's decision on whether to hold a temporary leadership election on the 8th, citing "unwillingness to cause party division."
Japan Q2 GDP Gets a Boost from Consumer Spending; Political Uncertainty Clouds Outlook
TradingKey - On Monday, September 8, Japan's Cabinet Office announced an upward revision of the country's second-quarter GDP, driven by increases in private consumption and savings. The GDP growth rate was adjusted from 0.3% to 0.5% quarter-on-quarter, equating to an annualized rate revised from 1.0TradingKey
Mon, Sep 8
Hedge Funds Ramp Up Call Options on RMB — Racing to Break 7 or Staying Cautious?
TradingKey - The weak August nonfarm payrolls report — highlighting persistent U.S. labor market weakness — is pushing the Federal Reserve toward its first policy shift of the year. With a weakening dollar outlook, hedge funds are ramping up call options on the Chinese yuan (RMB) against the U.S.
TradingKey
Mon, Sep 8
Volkswagen in advanced talks with US over investment deal
VW in talks with US to mitigate tariff impactInvestment in US would boost supply chain, local employmentCEO says Porsche brand in 'sandwich' between China, tariffsUndecided whether Blume will give up VW or Porsche CEO role By Christoph Steitz and Louisa Off MUNICH, Sept 8 (Reuters) - Volk...Reuters
Mon, Sep 8
U.S. August CPI Data Will Determine the Fed's Rate Cut Size，Apple’s Fall Launch Event Draws Investor Attention【The week ahead】
TradingKey - This week, markets will focus on the August CPI and PPI data—should inflation readings show further cooling, it could strengthen the case for a Fed rate cut.
TradingKey
Mon, Sep 8
Dow Jones futures tick higher as prospects for Fed rate cut strengthen
Dow Jones futures rise 0.15% to trade above 45,500 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures gain 0.18% near 6,500, while Nasdaq 100 futures climb 0.31% to around 23,750.Fxstreet
Mon, Sep 8
The Dollar’s Bear Market Could Reignite as BofA Warns of Nixon Rerun & Morgan Stanley Expects More Pain Ahead
TradingKey - Amid uncertainties from Trump’s tariffs and threats to Fed independence, the U.S. Dollar Index (DXY) has fallen 10% in 2025 year-to-date. While the dollar showed signs of bottoming in the second half, Bank of America and Morgan Stanley warn that the dollar’s decline is far from over —
No iPhone 17 Air & No AI, Apple’s 2025 Event May Fall Flat for Chinese Consumers
TradingKey - On the eve of Apple’s annual event, key anticipated features have hit roadblocks: the long-awaited, completely redesigned ultra-thin iPhone 17 Air may be excluded from the Chinese market due to hardware incompatibility, and Apple Intelligence, Apple’s AI functionality, is expected to be
TradingKey
Mon, Sep 8
Japan PM hopefuls prepare leadership bids, markets recoil
PM Ishiba resigned after bruising election lossesEx-foreign minister Motegi first to announce bidFinancial markets recoil on political uncertaintyFiscal dove Takaichi seen among frontrunnersLDP leadership vote likely on October 4, source saysBy Kaori Kaneko and Rocky Swift TOKYO, Sept 8 (Reuters)...Reuters
Mon, Sep 8
PRECIOUS-Gold hovers near record high on US rate-cut prospects
China's central bank buys gold in August for 10th month in a rowGold hit record high of $3,599.89/oz on FridaySpeculators raise net long positions in gold - CFTCBy Brijesh Patel Sept 8 (Reuters) - Gold held firm near an all-time high on Monday, inching closer to a key $3,600 level, bolstered ...Reuters
Mon, Sep 8
OpenAI plans to support feature-length Critterz
OpenAI is backing the production of Critterz, an AI-generated animated film scheduled for a global theatrical release in 2026. The AI company plans to provide its tools and computing power to help produce the feature-length animated film and hopefully prove that AI can make movies faster and at a loCryptopolitan
Mon, Sep 8
EUR/GBP steadies near 0.8700 due to political uncertainty in France
EUR/GBP holds ground for the second successive session, trading around 0.8680 during the Asian hours on Monday. The currency cross maintains its position as the Euro (EUR) steadies, driven by market caution amid political uncertainty in France.
Fxstreet
Mon, Sep 8
Fed rate cut optimism lifts sentiment, yen slips on political uncertainty
SINGAPORE, Sept 8 (Reuters) - Stocks rose and the dollar wobbled on Monday after dismal U.S. labour data sealed the case for an interest rate cut this month, while the yen fell as investors girded for uncertainty in Japan following the resignation of Prime Minister Shigeru Ishiba.Reuters
Mon, Sep 8
Japan revises Q2 GDP higher on upbeat consumer spending
Q2 GDP grows 2.2% annualised vs initial 1.0%Consumption, inventories revised up, capex revised downEconomists expect slowdown in July-Sept quarter GDP on tariffsBy Satoshi Sugiyama TOKYO, Sept 8 (Reuters) - Japan's economy expanded much faster than initially estimated in the second quarter, d...Reuters
Mon, Sep 8
Robinhood to join S&P 500 in watershed moment for US fintech sector
Sept 5 (Reuters) - Robinhood Markets HOOD.O will replace casino operator Caesars Entertainment in the benchmark S&P 500, marking a pivotal moment for the financial technology sector as the retail trading platform joins the ranks of the most influential U.S. companies.The inclusion, announced by ...
Reuters
Mon, Sep 8
XAU/USD edges higher to near $3,600 as weak NFP data fuel Fed rate cut bets
The Gold price (XAU/USD) extends the rally to near $3,590 during the early Asian session on Monday. The precious metal edges higher near an all-time high as soft US jobs data further cemented expectations for a US Federal Reserve (Fed) rate cut later this month.Fxstreet
Mon, Sep 8
