Key Takeaway:
Global markets open the week with a cautious but positive tone. Asian indices were mixed overnight, European and US futures are edging higher, and commodities remain in focus as geopolitical and political risks persist. The looming US government shutdown and new tariffs are front and center, while gold and oil prices reflect ongoing uncertainty. Today’s spotlight: US spending bill negotiations, Eurozone confidence data, and Fed speeches.
📊 Market Snapshot – Monday, September 29, 2025, 08:17 UTC
Asian Indices (Overnight Close)
| Index | Price | Change (%) | Direction |
|---|---|---|---|
| Nikkei 225 | 45,043.75 | -0.69% | ↓ |
| Hang Seng | 26,622.89 | +1.89% | ↑ |
| Shanghai Composite | 3,828.11 | -0.65% | ↓ |
European & US Index Futures (Pre-Market)
| Index | Futures Price | Change | % Change |
|---|---|---|---|
| DAX | 23,746.24 | +6.77 | +0.03% |
| FTSE 100 | 9,351.00 | +64.00 | +0.69% |
| IBEX 35 | 15,350.40 | +196.70 | +1.30% |
| S&P 500 | 6,726.00 | +28.25 | +0.42% |
| Dow Jones | 46,706.00 | +151.00 | +0.32% |
| Nasdaq 100 | 24,867.50 | +141.00 | +0.57% |
Forex
| Pair | Rate | Change (%) | Direction |
|---|---|---|---|
| EUR/USD | 1.1708 | +0.35% | ↑ |
| USD/JPY | 148.68 | -0.28% | ↓ |
| GBP/USD | 1.3448 | +0.39% | ↑ |
Commodities
| Commodity | Price (USD) | Notes |
|---|---|---|
| Gold (1 oz) | 3,813.00 | Near record highs |
| WTI Crude Oil | 64.96 | Stable, below $65 |
| Brent Crude Oil | 69.45 | Below $70 |
📈 Visual: Global Market Performance at a Glance
Figure: Gold and oil remain in focus as political and geopolitical risks drive volatility.
📰 Overnight News & Market Drivers
- US Government Shutdown Risk: Congress faces a critical deadline to pass a spending bill and avoid a government shutdown on October 1. Markets are on edge, as a shutdown could delay key economic data and weigh on sentiment .
- New US Tariffs: The US announced sweeping new tariffs (up to 100% on some goods) effective October 1, escalating trade tensions with China, Europe, and Australia .
- Equity Market Movements: US indices retreated last week from record highs amid profit-taking and tech sector volatility. Futures are modestly higher this morning as investors look for direction .
- Geopolitics: Middle East tensions persist after US airstrikes on Iranian facilities, but oil prices have stabilized below $70/barrel. Russia-Ukraine conflict continues to impact European energy and defense stocks .
- Economic Data: US Q2 GDP was revised up to 3.8%, and durable goods orders rose 2.9% in August. Today brings Eurozone confidence surveys and US housing/manufacturing data .
- Currency Markets: The US dollar remains strong, especially against the yen, as the Bank of Japan holds rates steady and raises its inflation outlook .
📅 Economic Calendar: Key Events Today
| Time (UTC) | Event/Release | Market Impact |
|---|---|---|
| 07:00 | Spain September CPI | EUR, IBEX |
| 08:30 | UK August Mortgage Approvals | GBP, FTSE |
| 09:00 | Eurozone Confidence Surveys | EUR, DAX, EuroStoxx |
| 14:00 | US Pending Home Sales (Aug) | USD, S&P, Dow |
| 14:30 | Dallas Fed Manufacturing Survey | USD, S&P, Dow |
| Various | Fed Speeches (Jefferson, Waller, Williams, Bostic) | USD, rates |
🔎 Analysis & Outlook
Key Takeaway:
Markets are treading water as political and geopolitical risks dominate the agenda. The US shutdown threat and new tariffs could spark volatility, but strong economic data and resilient labor markets provide a cushion. Gold and oil remain the barometers for risk sentiment.
🟢 Conclusion & Recommendation
With the week starting on a cautious note, stay alert for headlines from Washington and the Middle East. Equity markets may remain range-bound until there’s clarity on the US budget and trade front. Commodities and forex will likely react first to any surprises.
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El Mundo del Trading en los Mercados Financieros 