What is ahead: BoC, BoE, BoJ and Fed rates

The third week of September will be a showcase for central banks. The Federal Reserve, the Bank of Canada, the Bank of England, and the Bank of Japan will announce their decisions on key interest rates. The Fed is expected to resume its monetary easing cycle and signal its continuation for the rest of the year. Donald Trump failed to remove Lisa Cook, who also votes like Jerome Powell, from the FOMC. However, the president's new nominee, Stephen Muran, has been approved by Congress and will be present. Could this lead to a surprise?

The interest rate futures market is signalling expectations of four rate cuts at the next four meetings. A sharp deterioration in employment estimates and a decline in producer prices allow the Fed to move from expectations to action. Perhaps this is also a direct path to large-scale monetary easing in 2026 after Jerome Powell's retirement.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US pre-market

📈 📉 Mixed dynamics are observed in US stocks before the market opens.

In the technology sector, Microsoft (MSFT) shares are up +1.33%, while Oracle (ORCL) shares are down -0.80%.

In the financial sector, Berkshire Hathaway (BRK.B) shares are down -0.14%, while JPMorgan Chase (JPM) shares are down -0.46%.

In the Electronics sector, NVIDIA (NVDA) shares are up +0.23%, while Apple (AAPL) shares are down -0.61%.

Selective gains in large-cap stocks and moderate declines in the banking segment are creating a mixed market sentiment, which is maintaining uncertainty around the movement of the dollar and may temporarily restrain capital flows.

Tesla Wave Analysis – 12 September 2025

- Tesla broke resistance area

- Likely to rise to resistance level 414.50

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Starbucks Wave Analysis – 12 September 2025

- Starbucks broke the support area

- Likely to fall to support level 76.15

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🗓 Economic Calendar at 2025/09/15 (GMT)

02:00 🇨🇳 Industrial Production — Exp: 5.6% | 6.2% Actual: 5.2% | 6.2%

02:00 🇨🇳 Fixed Asset Investment — Exp: 1.5% Actual: 0.5%

02:00 🇨🇳 NBS Press Conference

12:30 🇺🇸 Empire State Manufacturing Index — Exp: 4.3 Actual: -8.7

18:30 🇪🇺 ECB President Christine Lagarde Speaks


[Updated in real time]

The crypto market is hesitant to rewrite its highs until the FOMC

The crypto market cap reached $4.09 trillion over the weekend, approaching the peak levels set a month earlier. The initial impetus came from positive dynamics in the US stock market on Friday, thanks to technology sector stocks. However, retail traders used the moment to take profits in BTC and major altcoins, except for Solana, which went down on Monday. As a result, the market level fell back to $4.05 trillion.

Bitcoin ran into resistance at $116K, but the sell-off is drying up as it approaches $114K, turning the 50-day moving average back into a support line. It seems that Bitcoin has found a temporary balance until the FOMC meeting results are announced. A quarter-point cut is already clearly priced in, but the driver will be the tone of comments regarding the Fed's future actions. A willingness to further cut rates in the foreseeable future could inspire BTC to march toward new all-time highs.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US pre-market

📈 The US stocks are showing mostly positive dynamics in premarket.

In the Electronic Technology sector, Apple (AAPL) shares are up +1.30%, while NVIDIA (NVDA) shares are down -1.44%.

In the Finance sector, Berkshire Hathaway (BRK.B) shares are up +0.07%, while Bank of America (BAC) shares are up +0.32%.

In the Technology sector, Google (GOOGL) shares are up +1.62%, while Microsoft (MSFT) shares are down -0.77%.

Positive momentum among market cap leaders and broad support for growth among large companies are stimulating capital inflows and may contribute to a moderate strengthening of the dollar against a background of growing investor interest in US assets.

Frank entered the turbulence zone, ball on the side of the SNB

USDCHF is trading below 0.8000, returning to the area of 14-year lows after rebounding from these levels in July. Earlier, in 2010 and 2014, the pair traded lower only in free-fall mode, forcing the central bank to intervene and reverse the trend. Although the Swiss National Bank has cut its key rate twice this year, and the Fed did so most recently in December last year, the dynamics of the currency market clearly show how the market values policy predictability and trade surplus this year.

At its quarterly meeting on 25 September, the SNB has every opportunity to increase pressure on the currency by easing monetary policy, as other competitors (the ECB, the Bank of England and colleagues from New Zealand and Australia) have implemented more easing measures this year.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Gold Wave Analysis – 15 September 2025

- Gold broke resistance area

- Likely to rise to resistance levels 3700.00 and 3800.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Dogecoin Wave Analysis – 15 September 2025

- Dogecoin reversed from the resistance area

- Likely to fall to support level 0.2400

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🗓 Economic Calendar at 2025/09/16 (GMT)

06:00 🇬🇧 Claimant Count Change — Exp: 15.3K Actual: 17.4K

06:00 🇬🇧 Unemployment Rate — Exp: 4.7% Actual: 4.7%

06:00 🇬🇧 Average Earnings Index — Exp: 4.7% | 4.8% Actual: 4.7% | 4.8%

09:00 🇩🇪 ZEW Economic Sentiment — Exp: 27.3 Actual: 37.3

09:00 🇩🇪 ZEW Survey (Current Situation) — Exp: -75.0 Actual: -76.4

09:00 🇪🇺 ZEW Economic Sentiment — Exp: 20.3 Actual: 26.1

12:30 🇺🇸 ⚡️ Retail Sales — Exp: 0.2% | 0.4% Actual: 0.6% | 0.7%

12:30 🇨🇦 ⚡️ Consumer Price Index — Exp: 0.1% | 2.0% Actual: -0.1% | 1.9%

12:30 🇨🇦 Core CPI Actual: 0.0% | 2.6%

12:30 🇨🇦 Common Core CPI — Exp: 2.5% Actual: 2.5%

12:30 🇨🇦 Trimmed Core CPI — Exp: 3.0% Actual: 3.0%

12:30 🇨🇦 Median Core CPI — Exp: 3.1% Actual: 3.1%

13:15 🇺🇸 Industrial Production — Exp: -0.1% Actual: 0.1%


[Updated in real time]

Nasdaq-100 Wave Analysis – 15 September 2025

- Nasdaq-100 broke key resistance level 24000.00

- Likely to rise to resistance level 25000.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Silver Wave Analysis – 15 September 2025

- Silver broke the resistance area

- Likely to rise to resistance level 44.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

The UK labour market is cooling, but GBPUSD is set to rise

The UK labour market is cooling, but not collapsing, allowing focus to remain on rising inflation. The Bank of England's task remains to time the rate cut correctly so as not to allow the economy to cool excessively.

The number of applications for unemployment benefits rose by 17,400 in August, slightly above the average expectation of 15,300, but following declines of 33,300 and 15,500 in the previous two months. Another indicator, the change in the number of unemployed over the last three months, showed an impressive increase of 232,000. Unemployment has remained at 4.7% for the last three months, but it is significantly higher than the 4.1% recorded in August 2024. In such conditions, the gradual decline in the number of benefit recipients appears to reflect a decrease in the number of people eligible for this type of payment, rather than an increase in employment.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ USA — Retail Sales at 03:00 GMT

✔️ Prev: 0.6% | 0.4%

🕒 Exp: 0.2% | 0.4%

🎯 Fact.: 0.6% 📈 | 0.7% 📈

———

⚠️ Canada — Consumer Price Index at 03:00 GMT

✔️ Prev: 0.3% | 1.7%

🕒 Exp: 0.1% | 2.0%

🎯 Fact.: -0.1% 📉 | 1.9% 📉