Futures Slide into ISM & Bill Auctions — Sep 2, 2025 Trading Blueprint Market Overview & Sentiment News Reasoning (concise): Overnight charts show a sharp risk‑off break across ES, NQ, YM, and RTY with price holding below session VWAP; crude (CL) trends higher. Today’s U.S. calendar is manufacturing‑heavy (S&P Global 9:45, ISM 10:00) with Treasury bill auctions late‑morning and total vehicle sales in the afternoon. The 6:00 AM LMI Logistics Managers Index printed 59.3, signaling expanding logistics activity. Into these catalysts, positioning skews defensive after the overnight slide. U.S. futures under pressure: Index futures sold hard in the European session and remain below session VWAPs as the open approaches, pointing to an early test of risk appetite rather than immediate dip‑buying. Goods side in focus: Manufacturing prints (S&P Global final and ISM headline/components) will steer rates and equity factor rotation. Sub‑50 ISM risks a continuat...

Market Overview & Sentiment News Global markets take a breather: World equities pulled back slightly from record highs, with the STOXX 600 down around 0.4% as British bank stocks slid and political risks in France weighed. MSCI’s global index remains near peaks, signalling underlying resilience. Fed cut bets intensify: Fed Governor Christopher Waller repeated his call for a September rate cut and traders now price roughly an 85% chance of a 25‑bp move. The legal fight over former President Trump’s attempt to dismiss Governor Lisa Cook has thrust central‑bank independence into the spotlight. Gold and dollar dynamics: Gold is holding near $3,414 /oz after gaining 3.6% in August, while the U.S. dollar is on track for a roughly 2% monthly drop as yields hover just above two‑week lows. A tame PCE print would keep real rates anchored and support risk assets. Oil and commodities: Brent crude trades around $68 and WTI near $64 as traders balance fading U.S. su...

Post‑Nvidia Hangover: Futures Drift Ahead of GDP Revamp and Fed Speeches — Aug 28 Trading Blueprint Market Overview & Sentiment News Nvidia earnings wobble: Global equities were modestly higher despite nervousness in tech stocks. Nvidia’s post‑earnings slide of about 2.2% in pre‑market trading signalled profit‑taking after its AI‑driven surge and highlighted investor sensitivity to any slip in its data‑centre revenue. The MSCI World index edged up 0.1% and the STOXX 600 gained roughly 0.4%, suggesting resilience outside the mega‑cap tech sector. Fed independence and rate expectations: Traders priced an ~88% chance of a 25‑bp cut at the September FOMC meeting, with the 2‑year Treasury yield near multi‑month lows. However, former President Trump’s attempt to dismiss Fed Governor Lisa Cook fuelled debate over the central bank’s independence. New York Fed President John Williams reiterated that any easing will depend on upcoming data. Oil and commodity pulse: O...