Good morning traders, Markets are limping into the final Friday of September. Futures across equities, bonds, commodities, and FX are all showing heightened volatility , with traders juggling fresh U.S. tariff shocks and looming inflation data . Below is your snapshot of the trading day ahead. Use a Virtual Private Server:   With  QuantVPS , you can execute trades with a 1 ms latency.  Sign up here! 🌍 Global Snapshot Asset Class Direction Key Driver 📉 Equity Futures (ES, NQ, YM) Lower U.S. tariffs on pharma & trade fears 🏦 Treasury Futures (ZN, ZB) Lower Yields rise as Fed cut bets fade 🪙 Gold (GC) Flat / Slightly Higher Safe-haven interest, capped by yields 🛢️ Crude Oil (CL) Lower Growth concerns tied to tariffs 💱 Dollar Index (DX) Higher Risk-off flows into USD 📉 Equity Index Futures: Tariff Shockwaves The headline story driving equities: 100% tariff on U.S. pharma imports starting October 1 → sen...

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...