Francisco Bruno Moreira Bras Gomes
πŸ“Š September Market Summary Markets closed September on a cautious note as strong economic data clashed with more hawkish central bank signals. In the U.S., equities were mixed β€” the $NSDQ100 and $SPX500 lost momentum late in the month after Fed officials warned against premature rate cuts. Core PCE inflation held steady at +2.9% YoY, while Q2 GDP was revised higher to +3.8%, underscoring resilient consumer demand. Treasury yields climbed as traders trimmed rate-cut expectations. In Europe, the market was broadly flat. Eurozone business activity reached a 16-month high, but Germany’s business confidence weakened and the UK showed slowing momentum. Sweden cut rates again to 1.75%, while Switzerland held steady at 0%. In Asia, Japanese equities gained modestly, supported by easing inflation, though the yen weakened as political uncertainty and strong U.S. data weighed. Overall, September was a month of resilience balanced by caution β€” growth indicators stayed firm, but sticky inflation and central bank rhetoric kept risk appetite in check. Happy investing!
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