The Trump administration is appealing the court ruling blocking the removal of Fed Gov. Cook on allegations of the mortgage fraud.Not only did the US judge temporarily block Trump from removing Fed Gov. Cook the judge also found that Trump move would likely be considered unlawful. This article was written by Greg Michalowski at investinglive.com.

The 2nd of 3 coupon auctions this week will take place at 1 PM ET with the sale of $39 billion of 10-year notes. Yesterday, the treasury auctioned off 3-year notes, which were met with strong demand from international buyers.The auction will be compared to the 6-month averages of the major components, including:Tail, six-month average -0.8 basis points.Bid to cover, six-month average 2.56X.Directs (proxy for domestic buyers), six-month average 17.4%.Indirects (proxy for international buyers), six-month average 71.1%.Dealers (they take the rest) six-month average 11.4%US yields are trading near low levels for the day with the 10 year at 4.0492%, -2.5 basis points.The 2-year yield is at 3.531%, -1.1 basis points. The 30 year yield is at 4.697%, -2.0 basis points.The 10-year U.S. Treasury yield is often viewed as the most important benchmark rate because of its influence on consumer borrowing costs, including mortgages. Since peaking at 4.347% on August 19, the 10-year has dropped to 4.0492%, a decline of about 30 basis points.Over the same period, the 30-year mortgage rate has fallen more sharply, dropping from 7.0% to 6.49% according to the Mortgage Bankers Association—a move of 51 basis points. Looking at the broader picture for 2025, mortgage rates reached a high of 7.10% in January and are now down 61 basis points from that level.By comparison, the 10-year yield peaked at 4.809% earlier in the year and has since fallen 76 basis points to current levels. This means that while mortgage rates have declined more than Treasury yields since mid-August, their cumulative decline in 2025 still lags the drop in the 10-year by roughly 15 basis points. This article was written by Greg Michalowski at investinglive.com.

Running against the need to cut rates (although be shocked if they didn't) is the Atlanta Fed GDPNow growth forecast for the 3rd quarter which rose to 3.1% from 3.0% previously.In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.1 percent on September 10, up from 3.0 percent on September 4. After recent releases from the US Bureau of Labor Statistics and the US Census Bureau, increases in the nowcasts of real personal consumption expenditures growth and real gross private domestic investment growth from 2.1 percent and 6.0 percent, respectively, to 2.3 percent and 6.2 percent, were partly offset by a decline in the nowcast of the contribution of net exports to GDP growth from 0.28 percentage points to 0.23 percentage points.The next GDPNow update is Tuesday, September 16. Please see the "Release Dates" tab below for a list of upcoming releases.Looking at the chart of the progression this quarter shows that the low of the estimates was at 2.1%. The high was near 3.5%. This article was written by Greg Michalowski at investinglive.com.

The major European indices are closing mixed. German DAX and UK's FTSE 100 both close lower while France's CAC, Spain's Ibex, and Italy's FTSE MIB close the day with gains.A snapshot of the closing levels shows: German DAX, -0.39%France's CAC, +0.15%UK's FTSE 100 -0.19%Spain's Ibex +1.29%Italy's FTSE MIB +0.12%As European traders exit for the day, US indices are mixed. The Dow industrial average is lower while the S&P and NASDAQ indices are higher and on pace for record closes. The Russell 2000 is marginally higher. Industrial averageDow industrial average -198 points or -0.43% at 45513.63S&P index +33.08 points or 0.51% at 6545.71NASDAQ index up 94 points or 0.43% at 21972.95.The small-cap Russell 2000 is up 1.46 points or 0.06% at 2383.20.Oracle shares are sharply higher after guiding strongly to the upside. Chips stocks are also higher:Nvidia shares are up 4.16%. Broadco shares are up 9.43%. AMD shares are up 3.58%.Other gainers today include:Arm +7.40%GameStop Corp +5.26%Taiwan Semiconductor +4.76%Super Micro Computer +4.56%Micron +4.64%NVIDIA +4.23%Corning +3.63%AMD +3.57%Palantir +3.44%Dell Tech +2.85%Grayscale Bitcoin (BTC) +2.36%Tesla +2.31%First Solar +2.10%US yields are lower ahead of the 10-year note auction at 1 PM:2-year yield 3.527%, -1.5 basis points5 year yield 3.581%, -2.0 basis points10 year yield 4.047%, -2.7 basis points30 year yield 4.698%, -1.8 basis pointsCrude oil is trading up $1.23 at $63.86. Gold is up $23.90 or 0.66% at $3647.56, and Bitcoin is up $2388 or 2.14% at $113,919 This article was written by Greg Michalowski at investinglive.com.

Virtual Pay Group, a leading Global fintech company specializing in digital payment solutions, is proud to announce that it has been officially licensed by Visa as a Principal Acquirer. This prestigious designation enables Virtual Pay to directly acquire major card scheme transactions, reinforcing its position as a key player in the Global fast-evolving digital payments ecosystem.The Visa Principal Acquirer license grants Virtual Pay greater operational independence and scalability, allowing the company to provide merchants with faster onboarding, enhanced security, and more competitive transaction processing across the continent.Mr. David Morema, Virtual Pay Group CEO, expressed his enthusiasm and gratitude in a statement: “Securing the Principal Acquirer license from Visa is a tremendous milestone for Virtual Pay Group and a testament to the relentless efforts of our entire team. This achievement positions us at the forefront of digital payments and strengthens our ability to offer more localized, secure, and seamless payment experiences. We are incredibly proud of how far we’ve come and remain committed to driving financial inclusion and digital innovation across the Global payment landscape.”With this new license, Virtual Pay is strategically placed to deepen its merchant relationships, accelerate growth in new and existing markets, and further simplify cross-border commerce for businesses.Virtual Pay Group continues to invest in infrastructure, compliance, and partnerships that support its vision of transforming how businesses transact in the digital economy.About Virtual Pay GroupVirtual Pay Group (https://virtual-pay.io/) is a Global payments technology company providing secure, seamless, and innovative digital payment solutions for businesses and consumers. With operations in multiple markets, Virtual Pay Group is committed to advancing financial inclusion and enabling commerce across borders. This article was written by IL Contributors at investinglive.com.

The move in Oracle shares today is insane. The company shocked the market by forecasting $144 billion in cloud infrastructure revenue and that kicked off 42% rally in shares. Founder Larry Ellison has maintained a holding of about 41% of the shares and with the company adding upwards of $250 billion in market cap today, that grew his net worth today by about $100 billion in the last two hours and up to about $400 billion, passing Elon Musk.Have a look at the Oracle stock chart today.It's unbelievable that one of the world's largest companies can pop that much in a single day.As for Ellison, he's managed to grow the world's largest fortune despite four divorces, and somehow the 81-year old has defied father time. This article was written by Adam Button at investinglive.com.

AUDUSD: The pair is moving higher following today’s weaker U.S. PPI data, pushing above the July high at 0.66247 and reaching its strongest level since November 8, 2024. The price reached 0.6635 so far.Looking at the daily chart, the September rally began after the pair dipped to a low of 0.64827 on September 2, which tested and held the 100-day moving average at 0.64808 at the time. That successful defense gave buyers the green light to push higher. Earlier this week, Monday’s low stalled near the 61.8% retracement of the decline from the 2024 high at 0.65489, another bullish signal that reinforced the upside momentum.With the break above the 2025 high, buyers have now taken firmer control on the daily chart. The next key target is the upward-sloping trendline near 0.6676, followed closely by the swing high from November 7, 2024 at 0.6687. A move through those levels would open the door for further upside extension and strengthen the bullish case.Drilling down to the 4-hour chart below, a move back below the July high could lead to some disappointment on the failed break in the short term. However, it would take a move back below 0.6588 to 0.6598 and then 0.6559 to 0.6567 to give the sellers more confidence (and give the buyers more concern). Absent that, and buyers will still hold onto more control, although less than if momentum can continue on the break higher today.For now, the buyers are makinga break. Can they keep the momentum going? This article was written by Greg Michalowski at investinglive.com.

Trump wrote on Truth Social:"What’s with Russia violating Poland’s airspace with drones? Here we go!"I don't think he mean's 'here we go with WWIII' but someone is buying oil on that. It's a strange thing to write. This article was written by Adam Button at investinglive.com.

Prior was +2415KGasoline +1458K vs -243K expectedDistillates +4715K vs +35K expectedRefinery utilization +0.6% vs -0.6% expectedWTI crude oil was up 68-cents ahead of this report to $63.32 but numbers like this are certainly a headwind. I'm increasingly bearish on oil.The private report from late yesterday showed:Crude +1250KGasoline +329KDistillates +1500K This article was written by Adam Button at investinglive.com.

The ECB will be making their next policy decision tomorrow and are widely expected to keep key interest rates unchanged. BofA is seeing just that, with only slight tweaks to the central bank's communique. And that should come via president Lagarde's press confernce.The firm argues that Lagarde should at least acknowledge the US-EU trade deal but warn that risks to macro trends have risen since earlier this summer. BofA believes that the press conference could be viewed as slightly more dovish, though Lagarde is set to emphasise on flexibility again while avoiding to pre-commit to any further moves still.As things stand, traders are only pricing in ~7 bps of rate cuts by year-end with ~17 bps only priced in by June 2026. But BofA views that rates could end up being lower than what forwards are implying, given the growth risks to the euro area economy and tighter financial conditions.In terms of FX reactions, they see a slightly negative risk for the euro from tomorrow's meeting decision. Of note, BofA highlights that they are leaning bearish on the euro against the pound and aussie. But overall, they anticipate that this week's meeting will be very limited in terms of FX impact. This article was written by Justin Low at investinglive.com.

Fundamental OverviewThe USD sold off across the board on Friday following another soft NFP report. The dovish bets on the Fed increased as a result and the market is now expecting three rate cuts by year-end (70 bps). Moreover, we have also a 8% probability of a 50 bps cut in September but that will likely happen only if we get a soft CPI report tomorrow. In that case, the greenback will likely weaken further into the FOMC meeting.Overall, if one zooms out, the US dollar continues to range although the dovish bets on the Fed keep weighing on the currency. Part of that could be the fact that the bearish positioning on the dollar could be overstretched and we might be at the peak of the dovish pricing. In fact, if the rate cuts trigger stronger economic activity in the next months, the rate cuts in 2026 could be priced out and support the dollar. Nevertheless, the trend is still skewed to the downside, and we might need strong data to reverse it.On the AUD side, the RBA cut interest rates by 25 bps as widely expected at the last meeting but didn’t offer much in terms of forward guidance, although their focus switched more towards the labour market. The latest employment report missed by a little margin on the headline number but overall, the data was good. The market is seeing an 82% probability of no change at the next meeting and a total of 30 bps of easing by year-end. AUDUSD Technical Analysis – Daily TimeframeOn the daily chart, we can see that AUDUSD has been rising steadily since Powell’s dovish tilt and extended the rally following last Friday’s soft NFP report. The buyers will continue to target the top trendline where we will likely find sellers again stepping in to position for a drop back into the 0.6350 support zone. AUDUSD Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see that we have an upward trendline defining the bullish momentum. If we get a pullback, the buyers will likely lean on the trendline with a defined risk below the trendline to position for a rally into new highs. The sellers, on the other hand, will look for a break lower to increase the bearish bets into new lows.AUDUSD Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that the recent rally stalled a bit as market participants await the US inflation data. If we get a break below the recent swing level around the 0.6580 level, the sellers will likely pile in for a pullback into the trendline. The buyers, on the other hand, will likely step in around the recent support or pile in on a break above the 0.6620 high. The red lines define the average daily range for today. Upcoming CatalystsToday we get the US PPI report. Tomorrow, we get the US CPI report and the latest US Jobless Claims figures. On Friday, we conclude the week with the University of Michigan Consumer Sentiment report. This article was written by Giuseppe Dellamotta at investinglive.com.

We ensured that Europe got the best possible deal out thereWe have put our companies at a relative advantageOur direct competitors are facing much higher US tariffsThe deal provides crucial stability for our relations with the US at a time of global insecurityOf course you'd expect her to back the deal that she managed to come up with. But needless to say, not many were too happy about it in response to what the terms of the deal were. That especially German automakers, as they will continue to get hit hard by US tariffs for now. This article was written by Justin Low at investinglive.com.

LiveBytes Summary - Sep 10, 2025, 3:59 AM ETCovering the past 6 hours 22 minutes, back to 9:37 PM ET on Sep 9Looking for breaking news today in markets? LiveBytes is our running stream of quick, actionable updates at the top right of the investingLive.com homepage. Below is a curated selection of shifts our editors flagged over the latest window.Geopolitics and market tonePolish military reported an operation against a Russian drone incursion, with weapons deployed. Broader markets stayed calm.Polish PM called the incident unprecedented in NATO history, with a full report due in 48 hours and Article 4 talks under consideration.Asia-Pacific FX wrap focused on the Poland headlines, yet risk appetite remained steady.Central banks and FXPBOC set the USD/CNY midpoint at 7.1062 vs 7.1359 estimated, a stronger fix supportive of the yuan.A US court said Fed Governor Lisa Cook can remain while litigation proceeds. The USD slipped a few points on the news.Inflation watchChina CPI came in at -0.4% y/y for August vs -0.2% expected, signaling faster deflation.Goldman Sachs previewed US core CPI above 3% for August, citing tariff effects even as housing and labor pressures cool.Traders braced for a hot US PPI print today, with CPI tomorrow seen holding core near 3.1% and markets possibly overpricing a 50 bp Fed cut.Tech and equitiesOracle (ORCL) surged +28.3% after hours on $455B in remaining performance obligations and new multi‑billion AI cloud deals with OpenAI, xAI, Meta, NVIDIA, AMD.Nasdaq‑100 futures (NQ) held above 23,900, eyeing 24,000, as the Oracle headline reinforced a risk‑on tone.Separate chatter suggested Oracle could be on track for one of the largest single‑day gains among $500B+ US market caps.CryptoEthereum futures (ETH1!) traded near $4,330, above VWAP $4,319.5, keeping a cautiously bullish bias.tradeCompass map: bullish above $4,310, bearish below $4,240. Tech strength helped support crypto sentiment.Bottom line: Geopolitical tension around Poland drew attention but did not derail risk appetite. A stronger yuan fix, accelerating China deflation, and a powerful tech impulse led by Oracle kept the tone constructive as traders pivot to US PPI and CPI.This is not financial advice. LiveBytes delivers breaking news today and curated market updates where you may find your next trading and investing opportunity. Visit the LiveBytes stream at the top right of investingLive.com, formerly ForexLive.com. This article was written by Itai Levitan at investinglive.com.

Another soft NFP report last Friday weighed on the US dollar as traders increased the dovish bets on the Fed with around 70 bps of easing seen by year-end and very slight chances of a 50 bps cut (8% probability) at the September FOMC meeting. After two soft NFP reports and a dovish Powell, you would expect the US dollar to be trading at new lows but that's not been the case. In fact, the greenback has been basically ranging since June. This could be a tell that the market has reached or it's near the peak in US dollar weakness. But what could be the reason behind this resilience? September 2024 could be the playbook...There are strong similarities. We had a soft NFP report back then as well and the Fed decided to cut by 50 bps as an "insurance cut" in September in case the labour market deteriorated further. Also, the chances of a 50 bps cut weren't strong going into the meeting back then, too. They increased substantially after a WSJ article written by Nick Timiraos, who is widely seen as the Fed whisperer and nicknamed "Nickileaks".There is one key difference though: they cut rates into falling inflation in September 2024 and they will cut rates into rising inflation in September 2025. This might be the reason for the market to be cautious on further dollar weakness. In fact, if things pick up after the Fed cuts rates, we should see a hawkish repricing which is likely to support the greenback. This is exactly what happened last year after the Fed cut rates and something that I mentioned already here.As Dario Perkins, MD Global Macro at TS Lombard, nicely said: "in the end, this game is down to judgement. You have to figure out whether there is something fundamentally wrong with the economy, or whether the stupidity of Liberation Day was akin to a freak weather event/short-term shock to sentiment." In fact, business surveys have been all coming positive and even strengthening. The only problem continued to be a frozen labour market with low firing and low hiring. And the cause has been highly likely the uncertainty and mess created by Trump's policies in the first half of the year. This is now behind us, so the last part of the year should show us if the economy is really picking up steam or things were worse than expected. This article was written by Giuseppe Dellamotta at investinglive.com.

Europe stands in full solidarity with Poland after violation of airspaceIn sanction talks, we are looking at phasing out Russian fossil fuels fasterAlso looking at sanctions on the third party countriesNeed to work on a new solution to finance Ukraine using frozen Russian assetsWill launch an 'Eastern flank watch' programme to improve surveillance of countries bordering RussiaWe will build a drone wallAgain, there's a lot of talk but in the end it is actions that speak louder than words. So, we'll see. Anyway, all this support is going to pile on the cost on European economies. And the timing is not pretty with defense budgets and energy bills soaring while inflation has not quite retreated fully. There will be more concerns about deficits again, not least with yields shooting up as of late. This article was written by Justin Low at investinglive.com.

Eurostoxx +0.4%Germany DAX +0.4%France CAC 40 +0.4%UK FTSE +0.2%Spain IBEX +0.8%Italy FTSE MIB +0.1%Geopolitical tensions and what not, no problemo. This comes with S&P 500 futures seen up 0.3% on the day now, though the gains there are led by tech shares mostly. As markets remain convinced the Fed is set to ease policy next week, there is an air of calm still with US labour market data continuing to back up that narrative. But this week, all eyes will be on the US CPI report tomorrow to see if that offers up any curveballs before the Fed. This article was written by Justin Low at investinglive.com.

EU stands in full solidarity with PolandWe must raise the cost on MoscowNeed to strengthen support for Ukraine and invest in Europe's defenceEU plays a major role and we will support initiatives like 'The Eastern Shield'So far, the reaction is that there is a lot of politicking and scrutiny against Russia. But overall, I'd say that the mood is quite calm as it is mostly just words being flung about. That and especially the fact that Moscow is not saying anything about this whole ordeal. So, that's at least helping to keep markets calmer as well. This article was written by Justin Low at investinglive.com.

Fundamental OverviewGold extended the gains in the first part of the week after another soft NFP report on Friday. The increase in the dovish bets on the Fed continued to drive real yields lower supporting higher prices for gold. This week, we get the US inflation data with the US PPI today and the US CPI report tomorrow before the FOMC meeting next week. A 25 bps cut is absolutely unavoidable now, but soft inflation data could see the probabilities for a 50 bps cut to increase. In that case, gold should get another boost.In the bigger picture, gold should remain in an uptrend as real yields will likely continue to fall amid Fed easing given their dovish reaction function. In the short-term though, hawkish repricing in interest rates expectations will likely keep on triggering corrections.Gold Technical Analysis – Daily TimeframeOn the daily chart, we can see that the momentum stalled a bit recently as depicted also by the shooting star candle. From a risk management perspective, the buyers will have a better risk to reward setup around the major trendline at the 3,400 level, while the sellers will look for a break lower to extend the drop into the 3,120 level next.Gold Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see that we have a minor upward trendline defining the bullish momentum. If we get a pullback into the trendline, we can expect the buyers to lean on it with a defined risk below it to keep pushing into new highs. The sellers, on the other hand, will look for a break lower to increase the bearish bets into the major trendline around the 3,400 level.Gold Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that we have yet another minor upward trendline defining the bullish momentum on this timeframe. Again, the buyers will continue to lean on it to keep pushing into new highs, while the sellers will look for a break lower to target the next trendline. The red lines define the average daily range for today.Upcoming CatalystsToday we have the US PPI report. Tomorrow, we get the US CPI report and the latest US Jobless Claims figures. On Friday, we conclude the week with the University of Michigan Consumer Sentiment report.Watch the video below This article was written by Giuseppe Dellamotta at investinglive.com.

Barclays is now seeing the S&P 500 end the year at 6,450, which is a bump up from their previous forecast of 6,050. Their previous forecast was one of the more bearish ones but the latest change now puts them closer to the median among top market analysts of around 6,500.So far, only Oppenheimer and Wells Fargo have calls for the S&P 500 to wrap up the year above the 7,000 mark. Then, we have BMO Capital at 6,700 and a host of names (Citi, Goldman Sachs, Fundstrat) at 6,600 with Deutsche at 6,550. That is followed by Morgan Stanley, HSBC, and Yardeni at 6,500. JP Morgan remains the most bearish with a call of 6,000 but just be wary that said estimate was given out back in June. And a whole lot has changed since then.As for 2026, Barclays sees the index then hitting 7,000 as their year-end target and that is up from their previous forecast of 6,700. In terms of specific sectors, Barclays notes that it is turning positive on the entire US tech sector while upgrading the materials sector to a neutral rating. Meanwhile, they are downgrading the healthcare sector a neutral rating as well. This article was written by Justin Low at investinglive.com.

In the European session, we don't have anything on the agenda other than Italian Industrial Production data. This is never a market-moving release and it certainly won't change anything for the market or the ECB.In the American session, we get the US PPI report. This is the only highlight of the day. Core PPI Y/Y is expected at 3.5% vs 3.7% prior, while the M/M measure is seen at 0.3% vs 0.9% prior. As usual, the market will likely focus on the components that feed into the PCE.Last month, the PPI surprised to the upside by a big margin but it was mainly due to investment services and eventually the hawkish reaction got quickly faded. I think the CPI tomorrow will be more important and it will also come out at the same time of Jobless Claims to make things a bit spicier. Nonetheless, another upside surprise in PPI might keep things a bit more on the defensive trading into the CPI, while a soft report could give the risk sentiment a boost. This article was written by Giuseppe Dellamotta at investinglive.com.