August closes on edge, and September brings the real test.\u00a0\ud83c\udf2a\ufe0f<\/p>\n
\ud83c\uddfa\ud83c\uddf8 Fed Chair Kevin Warsh\u2019s hawkish Jackson Hole tone (Aug 28) pushed September rate hike odds to near 50%, with December odds above 70%. This follows July\u2019s shock Nonfarm Payrolls miss (-23K vs +79K forecast). The next NFP lands Sept 4, a make-or-break print for rate bets.\u00a0\ud83d\udcc9<\/p>\n
\ud83c\uddea\ud83c\uddfa The ECB isn\u2019t waiting either. Hot inflation in France (2.7%) and Spain (4.5%) has markets pricing an 87% chance of a hike at the Sept 10 meeting. Two hawkish central banks at once means EUR\/USD stays boxed in near 1.158.\u00a0\ud83d\udcb6<\/p>\n
\ud83e\udd47 Gold holds firm near $4,600\/oz, less about rates now, more about the dollar debasement trade and US debt concerns.<\/p>\n
\ud83d\udee2\ufe0f Oil swings between $85\u201390 as Middle East diplomacy fights Russia-Ukraine escalation headlines for control of the narrative.<\/p>\n
\u26a1 Rate decisions, a critical jobs report and geopolitical risk all collide within two weeks. Buckle\u00a0up.<\/p>\n
\ud83d\udc49 Trade the moves: https:\/\/my.nordfx.com\/en\/registration?utm_source=social&utm_medium=post&utm_campaign=nordfx<\/a><\/p>\n NordFX: August Close, September Setup \u2014 Payrolls, ECB and Fed Risks Ahead \ud83d\udcca<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" August closes on edge, and September brings the real test.\u00a0\ud83c\udf2a\ufe0f \ud83c\uddfa\ud83c\uddf8 Fed Chair Kevin Warsh\u2019s hawkish Jackson Hole tone (Aug 28) pushed September rate hike odds to near 50%, with December odds above 70%. This follows July\u2019s shock Nonfarm Payrolls miss (-23K vs +79K forecast). The next NFP lands Sept 4, a make-or-break print for […]<\/p>\n","protected":false},"author":0,"featured_media":221492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-221491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/221491"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=221491"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/221491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/221492"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=221491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=221491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=221491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}