Posted at 09 December 2025 / Categories Market Roundups
Market Roundup
• German Trade Balance (Oct): 16.9B, 15.9B forecast, 15.3B previous.
• German Imports (MoM) (Oct): -1.2%, 0.2% forecast, 3.1% previous.
• German Exports (MoM) (Oct): 0.1%, -0.2% forecast, 1.5% previous.
• Greek CPI (YoY) (Nov): 2.4%, 2.0% previous.
• Greek HICP (YoY) (Nov): 2.8%, 1.6% previous.
• Spanish 3-Month Letras Auction: 1.974%, 1.908% previous.
Looking Ahead Economic Data (GMT)
•13:55 US JOLTS Job Openings (Oct): 7.200M forecast, 7.227M previous.
•15:00 U.S. Leading Index (MoM) (Sep): -0.5% previous.
Looking Ahead Events And Other Releases (GMT)
• No events Ahead
Currency Summaries
EUR/USD : The euro edged lower against dollar on Tuesday as investors took a breather after pricing out a European Central Bank rate cut for 2026 on Monday and indicating more than a 50% chance of a rate hike in March 2027.A batch of strong economic data and comments from ECB policymaker Isabel Schnabel, who said a rate hike was more likely than a cut, pushed 10-year euro zone borrowing costs to multi-month highs on Monday.Markets priced in around a 5% chance of an ECB rate cut next summer, up from zero the previous day, while indicating roughly a 50% chance of a hike by March 2027, down from about 60% earlier in the session. Investors will closely watch data from the U.S. Job Openings and Labor Turnover Survey (JOLTS) due later in the session. Immediate resistance can be seen at 1.1674(Daily high), an upside break can trigger rise towards 1.1692(Higher BB).On the downside, immediate support is seen at 1.1595(SMA20), a break below could take the pair towards 1.1570(38.2%fib).
GBP/USD: Sterling was steady against the dollar on Tuesday as traders readied for an interest rate cut from the U.S. Federal Reserve and October GDP data for a steer on the UK economy. Also supporting sterling is finance minister Rachel Reeves' more positive than expected budget. The currency has added 1.2% since Reeves delivered the budget on November 26 and climbed to six-week highs last week.Surveys released on Tuesday showed British consumers kept a tight rein on spending in November as they awaited the budget while retailers said that Black Friday sales disappointed. Markets are placing a roughly 86% chance of the Bank of England cutting interest rates by a quarter of a point to 3.75% at its next meeting on December 19 .Traders are also awaiting UK GDP figures for October, which are due on Friday.Immediate resistance can be seen at 1.3364(Higher BB), an upside break can trigger rise towards 1.3427(61.8%fib).On the downside, immediate support is seen at 1.3295(50%fib), a break below could take the pair towards 1.3182(SMA 20).
AUD/USD: The Australian dollar strengthened against the U.S. dollar on Tuesday after the Reserve Bank of Australia left interest rates unchanged, as expected, and warned that inflation risks had tilted higher, while stopping short of signalling near-term rate hikes.The RBA wrapped up its final policy meeting of the year by holding the cash rate steady at 3.6%, extending the pause in easing that began after July’s rate cut. Policymakers highlighted stronger-than-expected domestic demand and lingering inflation risks, while stressing that more time is needed to assess how persistent inflationary pressures may be.Although the RBA has cut rates three times this year, inflation has started to re-accelerate, rising for a fourth straight month to 3.8% in October. Interest-rate futures currently imply just a 12% chance of a hike at the RBA’s February 3 meeting, increasing to around 50% by May, with a quarter-point increase to 3.85% fully priced in by August. Immediate resistance can be seen at 0.6652(38.2%fib), an upside break can trigger rise towards 0.6706(23.6%fib).On the downside, immediate support is seen at 0.6606(50%fib), a break below could take the pair towards 0.6559(61.8%fib)
USD/JPY: The dollar firmed against the yen on Tuesday as markets positioned ahead of an expected rate cut from the Federal Reserve.Markets are anticipating a rate cut from the Fed, and preparing for several more central bank decisions before the weekend.Traders are also looking ahead to the U.S. NFIB's small business optimism index for November as well as the Job Openings and Labor Turnover Survey (JOLTS) for October due later in the session.Nevertheless, markets believe policy easing from the U.S. central bank this week is a near-certainty, with attention turning to the outlook for the year ahead.Fed funds futures are pricing an implied 89.4% probability of a 25-basis-point cut at the Fed's two-day meeting starting on December 9, according to the CME Group's FedWatch tool. Immediate resistance can be seen at 156.17(Dec 1st high) an upside break can trigger rise towards 157.40 (23.6%fib) .On the downside, immediate support is seen at 155.34 (38.2%fib) a break below could take the pair towards 153.35 (50%fib)
Equities Recap
European shares edged higher on Tuesday, supported by gains in financial and industrial stocks, though the advance was limited as investors remained cautious ahead of the U.S. Federal Reserve’s two-day policy meeting starting later in the day.
At (GMT 12:38),UK's benchmark FTSE 100 was last trading down at 0.10 percent, Germany's Dax was up by 0.26 percent, France’s CAC was last down by 0.56 percent.
Commodities Recap
Gold rose on Tuesday as investors positioned for the widely expected December Federal Reserve rate cut, even as attention shifted to whether policymakers will signal a slower easing path when their two-day meeting begins later in the day.
Spot gold rose 0.47% to $4,208.39 per ounce by 0920 GMT. U.S. gold futures for February delivery rose 0.48% to $4,237.80 per ounce.
Oil prices steadied on Tuesday after falling 2% in the previous session, with investors keeping a close eye on peace talks to end Russia's war in Ukraine, concerns about ample supply and a looming decision on U.S. interest rates.
Brent crude futures edged 3 cents higher to $62.52 a barrel at 1317 GMT. U.S. West Texas Intermediate crude gained 4 cents at $58.92 a barrel.