#morningcall 🌐 International: Stocks retreat after euphoria with Fed | 08/25/2025
- Futures in NY and Europe fall with less optimism about Fed cuts; holiday in the UK reduces liquidity
- S&P 500 had its biggest jump since May after Powell's dovish speech; 84% bets on a 0.25pp cut in September
- The week brings tests for the rally with PCE, inflation data, and Nvidia's results; Fed prioritizes signs of weakening in employment
- Dollar and 10-year yields rise after a strong drop on Friday; agenda includes speeches from Lorie Logan and John Williams and Treasury auction
- Oil has a slight increase; copper and iron ore advance; in geopolitical news, Maduro calls for enlistment in militias amid tension in the Caribbean
Source: ActivTrades