Small caps joined fresh U.S. highs after the Fed's cut, but durability now hinges on PMI's core PCE, yields, and earnings in a data-heavy week for risk appetite.
Surprise 25 bp cut puts BI's 7‑day reverse repo at 4.75% with CPI 2.31% and core 2.17%: is this the floor, or could more easing follow if the rupiah holds?
ECB meets with inflation at 2.1% and core 2.3%; deposit at 2.00%. Hold likely today, with guidance on wages and services steering EUR and Bunds after presser.
China CPI fell 0.4% y/y in August and was flat m/m; PPI eased to −2.9% y/y, spotlighting weak demand, softer yuan risks, and targeted policy signals this week.
Nasdaq hits a record as Fed cut bets build; gold near $3,600, Brent around $66, dollar soft before US CPI on Thursday. Bubble risk, or momentum justified?