Premarket Insights Nebius Soars on Microsoft Deal as Futures Edge Up Ahead of Job Revisions

# Premarket Insights: Nebius Soars on Microsoft Deal as Futures Edge Up Ahead of Job Revisions

**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.

## Major News

Global markets exhibited mixed sentiment today, influenced by various corporate developments and economic expectations. In the US, S&P 500 futures edged up by 0.01%, while Dow futures and Nasdaq futures saw slight increases of 0.01% and 0.07%, respectively. The anticipation of upcoming employment data revisions is keeping investors cautious.

In Europe, the Euro Stoxx 50 rose by 0.08%, driven by gains in the CAC 40 (+0.23%) and FTSE 100 (+0.31%). Conversely, the DAX fell by 0.32%, reflecting concerns about economic growth. The Nikkei declined by 0.94%, amid broader market uncertainties.

Notable corporate news includes Nebius shares soaring 55% in premarket trading following a strategic deal with Microsoft, highlighting strong demand for AI infrastructure. Anglo American’s agreement to acquire Teck Resources marks a significant shift in the mining sector, creating a combined entity valued over $50 billion. Meanwhile, Pollen Street Capital’s $100 million extension to CredibleX reflects rising interest in private credit in the Middle East.

Market strategist Ed Yardeni suggests that a potential Federal Reserve interest rate cut could trigger a “melt-up” in stocks,

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## High-Importance Economic Events

On September 9, 2025, several key economic events are poised to influence currency markets significantly.

The South African Rand (ZAR) reacted positively to the Q2 GDP annualized growth rate of 0.8%, surpassing expectations of 0.5%. This outperformance may bolster investor confidence in the ZAR, potentially leading to appreciation against major currencies.

In Europe, the German 10-Year Bund auction yielded a return of 2.250%, reflecting ongoing investor sentiment towards German bonds amidst Eurozone economic concerns. The Eurogroup meetings and remarks from Bundesbank President Nagel could further shape market perceptions, especially regarding monetary policy direction.

In the U.S., the Payrolls Benchmark data and the EIA Short-Term Energy Outlook are anticipated, with implications for the USD. Investors will closely monitor the 3-Year Note Auction and API Weekly Crude Oil Stock data for insights into fiscal health and energy market dynamics.

Later in the day, Chinese economic indicators will be released, including CPI and PPI data for August. A forecasted CPI contraction of -0.2% and a PPI decline of -2.9% could indicate persistent deflationary pressures.