Kostiantyn

Asia & European Sessions:

• More new highs were set on Wall Street today as the Fed’s jumbo rate cut continues to reverberate. Fedspeakers indicated more cuts are in the future.
• European stocks are poised for a positive open, following a rally in Asian markets driven by China’s latest economic

• PMI reports indicate more interest rate cuts are imminent and consumer demand is likely to slow. 
• Investors expect the ECB and the Federal Reserve to continue cutting interest rates. 
• The NASDAQ increased after the index traded sideways on Monday. US investors await the release of the US CB Consumer Confidence

• Stocks rally after the Federal Reserve chooses to “go-large” with a 0.50% interest rate cut. 
• The NASDAQ rises more than 2.50% and the Dow Jones 1.26%. The Dow Jones trades at an all-time high. 
• UK Retail Sales rose significantly above expectations. The Great British Pound Index rises 0.35% and is

Asia & European Sessions:

• Asian markets were mostly positive on Monday, buoyed by last week’s interest rate decisions from central banks in the US, Japan, China, and the UK.
• PBOC reduced its 14-day reverse repurchase rate to 1.85% from 1.95%, following a decision to keep key lending rates unchanged the

• The UK’s inflation remains at 2.2% as per previous expectations. The Pound remains slightly weaker on Wednesday.
• Gold retraces as traders increase the possibility of a 0.25% rate cut after yesterday’s Retail Sales. 
• Gold positions break the previous annual record of 242.314K indicating the high demand. JP Morgan advises the