BB Advisory

🔰 Israeli jets conducted a "targeted air strike" in Beirut, IDF says #Gold #Oil🛢

The most important news of today's, US FOMC Member Harker Speaks Canadian ,BOC Gov Macklem Speaks ,Core Retail Sales m/m , Retail Sales m/m ECB President Lagarde Speaks GMT TIME #USD #CAD #EUR

#USD 🔻 broadly lower after Fed rate cut #EUR 🔺 ECB Schnabel says calls inflation sticky #GBP 🔺 pops after BoE leaves rates unchanged #AUD 🚀 soars on strong jobs report #NZD 🔺 smaller GDP contraction #JPY 🔻 on risk flows #CHF 🔄 lower trade balance

US HOUSING STARTS NUMBER ACTUAL 1.356M 🔺 FORECAST 1.318M PREVIOUS 1.238M #USD

🔰 Here’s what to know ahead of today’s big #FOMC Rate Cut decision: Actual : 5.25% ????? Forecast: 5.25% Previous: 5.50%

🔰 The #AUD🔺 is the strongest and the #USD🔻 is the weakest as the NA session begins.

The most important news of today's, US Empire State Manufacturing Index GMT TIME #USD

🔰 ECB's Lagarde: ECB decision on the size of the depo rate cut was unanimous. Says inflation will drop to 2% in course of 2025. #EUR

🔰 The most important news of today's, US Core PPI m/m, PPI m/m , Unemployment Claims , 30-y Bond Auction 🔰 ECB Press Conference , Monetary Policy Statement , Main Refinancing Rate 🔰 SNB Chairman Jordan Speaks GMT TIME #USD #Gold #EUR #CHF

📉 RISK OFF! Stock futures 🔻 Sell Off 🔰 #USD 🔄 mixed ahead of Non Farm Payrolls 🔰 #CAD 🔺 slightly firmer ahead of CA jobs report & IVEY 🔰 #EUR 🔻 GE industrial production tumbles 🔰 #JPY 🔺 despite weaker household spending 🔰 #NZD 🔺 strongest risk on currency

🔰 1. The U.S. economy added a lower-than-expected 99,000 jobs in August, as per ADP, missing forecasts for a gain of 122,000. (That is the lowest monthly total since September 2023) 🔰 2. That follows a downward revision for July, which added 111,000 jobs, compared to a previously reported increase of 122,000.(That is a downward revision of 11,000 jobs) 🔰 Key Takeaway: The weak ADP payrolls report adds to evidence of a slowing labor market. 🔰 Calls for a 50 basis point rate cut later this month will grow stronger as cracks begin to emerge in the economy. #USD #Gold

🔰United States Initial Jobless Claims Actual: 227K 🔻 Expected: 231K Previous: 232K #USD #Gold

🔰 The #JPY 🔺is the strongest and the #AUD🔻 is the weakest as the NA session begins.

Equities are entirely in the red, continuing the subdued risk tone seen in APAC trade overnight Dollar is slightly firmer, #JPY bid given the risk tone & Ueda documents, Antipodeans lag USTs flat ahead of key US ISM Manufacturing PMI, Bunds slightly firmer Crude is significantly lower but with specifics light, #XAU climbs back above #USD 2.5k, base metals slip Looking ahead, US PMI (F), ISM Manufacturing, BoE’s Breeden, ECB's Nagel

🔰 Hey ,Equities are modestly firmer across the board, despite a mostly lower APAC session overnight 🔰 #Dollar is flat, #GBP outperforms with Cable back above 1.32, #JPY is lower 🔰 Bonds hold a bearish bias, with Bunds unreactive to the poor German GDP/GfK metrics 🔰 #Oil is on the back foot, #Gold is slightly softer and base metals gain 🔰 Looking ahead, US Richmond Fed, NBH Policy Announcement, Fed Discount Rate Minutes, and Supply from the US.

🔰 According to sources, Canada plans to hit China with tariffs on electric cars and steel. 🔰 Canada has 100% tax on electric cars and 25% on steel and aluminum !!!! #CAD #CNY

🔰 The reason for the increase in #Oil🛢🔺 prices : The eastern government of Libya shut down the #Oil industry due to political tensions. #Oil🛢

Euro jumps to highest since July 2023 following dovish Powell remarks. The most important statement in his speech: “We do not seek or welcome further cooling in labor market conditions.” #EUR

🔰 US 2y yields plunge to 3.95% as Fed's Powell says ‘time has come’ to cut interest rates. Says Fed doesn’t seek, welcome further cooling in labor market. #USD #Gold

🔰 US New Home Sales MoM (Jul) Actual: 10.6%🔺 Expected: 1% Previous: -0.6% #USD