DAILY NEWS BRIEF - MARKET OUTLOOK

September 7, 2026

Here are today's directional views from the global research desks of Ventura Prime FX! These are starting points for your own research to identify opportunities that make sense for you.

Crude Oil (WTI) Gold GBP/USD USD/JPY EUR/USD Silver Dow Jones (CME) S&P 500 (CME)

Market Wrap

Market Wrap: Stocks, Bonds, Commodities

On Friday, the S&P 500 closed 29 points lower (-0.38%) at 7,719, and the Dow Jones dropped 272 points (-0.51%) to 53,414, while the Nasdaq 100 rose 62 points (+0.21%) to 29,544.

The August U.S. official jobs report came in much stronger than expected, with nonfarm payrolls increasing by 162,000, well above the 56,000 expected, and the jobless rate holding steady at 4.1%.

The U.S. 10-year Treasury yield added 1.2 basis points to 4.784%, halting a two-session retreat.

Following the strong labor market data, traders are now pricing roughly a 60% chance of the Federal Reserve hiking interest rates by 25 basis points at its policy meeting next week, according to the CME Group's FedWatch Tool. The market’s focus will turn to producer price data due Thursday and consumer price data due Friday ahead of the Fed’s rate decision.

Meta Platforms (META) gained 1.00% on Friday, posting a four-session rally.

Nvidia (NVDA) added 0.84%, closing in on its record high of 236.54 dollars.

Tesla (TSLA) fell 5.92%, as investors seemed disappointed by the electric-vehicle maker’s Cybercab event.

Lululemon Athletica (LULU) sank 17.38% after the athletic apparel retailer cut its full-year guidance.

Semiconductor and data-storage stocks outperformed the market, with Micron Technology (MU) jumping 6.10%, Marvell Technology (MRVL) up 7.05%, Advanced Micro Devices (AMD) up 4.69%, and SanDisk (SNDK) surging 11.90%.

Fair Isaac (FICO) gapped down 16.68% after the director of the U.S. Federal Housing Finance Agency vowed to end the credit-scoring firm’s monopoly in mortgage scoring.

In Europe, the DAX 40 gained 0.17%, while the CAC 40 dipped 0.09%, and the FTSE 100 was largely flat at the close.

Over the weekend, U.S. military forces said they struck three Iranian crude oil carriers in the Middle East after the Islamic Revolutionary Guard Corps launched ballistic missiles toward two U.S. Navy warships in the region.

In early Asian trading hours on Monday, U.S. WTI crude futures advanced further to 92.13 dollars a barrel, extending their rally to a sixth straight session.

Spot gold was lower at 4,427 dollars an ounce.

U.S. markets are closed on Monday (September 7) for the Labor Day holiday.

Market Wrap: Forex

In early Asian trading hours on Monday, the U.S. dollar remained buoyed against the backdrop of strong labor market data and higher Treasury yields.

EUR/USD dipped to 1.1613, while USD/JPY traded higher at 156.26.

The European Central Bank is widely expected to increase its key interest rates by 25 basis points on Thursday.

GBP/USD was lower at 1.3516, while AUD/USD held firm at 0.7205.

USD/CAD retained gains made on Friday, trading at 1.3836. Canadian data pointed to a softening labor market, with the number of employed people falling by 41,700 in August (vs +15,000 expected, +75,000 in July) and the jobless rate holding at 6.4%.

Bitcoin continued attempting to reclaim the key 80,000-dollar level.

Morning Trading

In Asian trading hours, EUR/USD and GBP/USD both remained subdued, at 1.1608 and 1.3506 respectively.

Meanwhile, USD/JPY was relatively steady at 156.21.

Gold fell to 4,414 dollars.

Bitcoin was trading around 80,000 dollars.

Expected Today

U.S. markets are closed for Labor Day.

Germany's industrial production is estimated to grow 0.3% month-on-month in July.

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

Crude Oil (WTI)‎ (V6)‎ intraday: turning up.

Pivot:

90.50

Our preference:

Long positions above 90.50 with targets at 94.60 & 95.30 in extension.

Alternative scenario:

Below 90.50 look for further downside with 88.70 & 87.55 as targets.

Comment:

A support base at 90.50 has formed and has allowed for a temporary stabilisation.

Trade

Gold intraday : Look for 4,363

Our pivot point is at 4,488.

Our preference:

The downside prevails as long as 4,488 is resistance, with 4,363 and 4,333 as targets

Alternative scenario:

Above 4,488, look for 4,538 and 4,568.

Comment:

The MACD is above its signal line and negative. The price stands above its 20 period moving average (4,401) but below its 50 period moving average (4,413).

Trade

GBP/USD intraday : Towards 1.3572

Our pivot point is at 1.3498.

Our preference:

The upside prevails as long as 1.3498 is support, with 1.3572 and 1.3587 as targets

Alternative scenario:

Below 1.3498, expect 1.3472 and 1.3457.

Comment:

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 1.3535 and 1.3523).

Trade

USD/JPY intraday : Aim at 153.23

Our pivot point is at 155.12.

Our preference:

The downside prevails as long as 155.12 is resistance, with 153.23 and 152.82 as targets

Alternative scenario:

Above 155.12, look for 155.82 and 156.24.

Comment:

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 154.78 and 155.58).

Trade

EUR/USD intraday : First target, continuation or consolidation?

Our pivot point is at 1.1586.

Our preference:

The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

Alternative scenario:

Below 1.1586, expect 1.1563 and 1.1550.

Comment:

Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.

Trade

Silver intraday : Watch 64.50

Our pivot point is at 67.15.

Our preference:

The downside prevails as long as 67.15 is resistance, with 64.50 and 63.84 as targets

Alternative scenario:

Above 67.15, look for 68.26 and 68.92.

Comment:

The setup is complete, and the next move is pending.

Trade

Dow Jones (CME)‎ (U6)‎ intraday: under pressure.

Pivot:

53330

Our preference:

Short positions below 53330 with targets at 52900 & 52700 in extension.

Alternative scenario:

Above 53330 look for further upside with 53500 & 53670 as targets.

Comment:

The RSI is bearish and calls for further decline.

Trade

S&P 500 (CME)‎ (U6)‎ intraday: the downside prevails.

Pivot:

7750

Our preference:

Short positions below 7750 with targets at 7690 & 7661 in extension.

Alternative scenario:

Above 7750 look for further upside with 7766 & 7800 as targets.

Comment:

The RSI lacks momentum.

Trade

TRADING FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS.

THE POSSIBILITY EXISTS THAT YOU COULD SUSTAIN A LOSS OF SOME OR ALL OF YOUR INITIAL INVESTMENT AND THEREFORE YOU SHOULD NOT INVEST MONEY THAT YOU CANNOT AFFORD TO LOSE.

THE HIGH DEGREE OF LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU. BEFORE DECIDING TO TRADE FOREIGN EXCHANGE OR CFD’S YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENT OBJECTIVES, LEVEL OF EXPERIENCE, AND RISK APPETITE.

YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FOREIGN EXCHANGE AND OTHER CFD TRADING, AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS. VPFX RECOMMENDS READING THE RISK DISCLOSURE SECTION OF THE PROSPECTUS FOR ANY FINANCIAL PRODUCT MENTIONED.

VPFX is the trading name for Ventura Prime FX Limited with registration number LL16224 registered in Labuan F.T., Malaysia.

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