Good night, analyst·Here’s what matters in the markets today.
Tuesday, September 1Busier session today — RBA Rate Decision at 04:30. Trade smaller and wait for the first impulse before committing.
It is the guidance, not just the decision, that moves markets: more hawkish rhetoric supports USD and yields while gold, NASDAQ and BTC come under pressure.
Elevated volatility is expected due to key macro events.
Low volatility — markets are relatively calm and risk appetite is intact.
pressure if real yields rise
risk assets can reprice on policy guidance
sensitive to stronger USD and risk-off
Today has 2 high-impact releases between 04:30 and 14:00. The main focus is 04:30.
What to watch: Watch guidance language, USD reaction, real yields and the first 15-30 minutes in risk assets.
Full briefing →
