# US Futures Rally as Core Inflation Holds Steady and Tariff News Fuels Market Moves
**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.
## Major News
Global market sentiment today reflects a mix of cautious optimism and sector-specific volatility. U.S. futures indicate a positive start, with S&P 500 futures up 0.38%, Dow futures rising 0.42%, and Nasdaq futures gaining 0.47%. This uptick follows President Trump’s announcement of new tariffs on pharmaceuticals and heavy trucks, which analysts believe may equalize competitive conditions for companies like Paccar, whose shares surged on the news.
In Europe, indices are also performing well, with the Euro Stoxx 50 up 0.93%, the DAX gaining 0.58%, the CAC 40 rising by 0.65%, and the FTSE 100 increasing by 0.66%. The positive sentiment is bolstered by stable core inflation rates in the U.S., holding at 2.9% for August.
Conversely, the Nikkei index in Japan fell by 0.41%, reflecting concerns over economic growth. In commodities, oil traders anticipate OPEC+ may agree to increase production in November to regain market share.
In corporate news, Braskem’s debt has fallen sharply after it announced hiring advisers to restructure its finances amid a downturn in the petrochemicals sector. Accenture is
## Performances
### US Futures
US futures indicate opening sign for cash market.
| Future | Price | Daily Change (%) |
|---|---|---|
| S&P 500 Futures | 6683.00 | 0.38 |
| Dow Futures | 46470.00 | 0.42 |
| Nasdaq Futures | 24710.50 | 0.47 |
### Major US Indices (Previous Close)
| Index | Price | Daily Change (%) |
|---|---|---|
| S&P 500 | 6604.20 | -0.06 |
| Dow Jones | 45948.42 | -0.32 |
| Nasdaq 100 | 24393.95 | 0.33 |
### FX Performance
| Currency Pair | Price | Daily Change (%) |
|---|---|---|
| EUR/USD | 1.17 | 0.09 |
| USD/JPY | 149.63 | -0.06 |
| GBP/USD | 1.34 | 0.23 |
| USD/CHF | 0.80 | -0.06 |
| USD/CAD | 1.39 | 0.00 |
| AUD/USD | 0.65 | -0.03 |
| NZD/USD | 0.58 | -0.02 |
### Commodities Performance
| Commodity | Price | Daily Change (%) |
|---|---|---|
| Crude Oil | 65.20 | 0.02 |
| Gold | 3783.10 | 0.21 |
| Silver | 45.48 | 0.83 |
| Natural Gas | 3.20 | -0.75 |
### BTC and ETH Performance
| Crypto | Price | Daily Change (%) |
|---|---|---|
| Bitcoin | 109278.80 | 0.24 |
| Ethereum | 3936.41 | 1.63 |
## High-Importance Economic Events
On September 26, 2025, several significant economic events are poised to impact currency markets, particularly the USD, EUR, and JPY.
At 01:30, BoJ Board Member Noguchi will speak, potentially influencing JPY sentiment, although no forecasts are available. The market will be attentive to any hints regarding monetary policy.
At 08:30, the U.S. releases key inflation indicators, including the Core PCE Price Index and Personal Spending, both expected to meet forecasts of 0.2% and 0.5%, respectively. A stronger-than-expected Personal Spending figure (actual: 0.6%) may bolster the USD as it suggests robust consumer demand, while stable inflation readings could reinforce the Fed’s current policy stance.
In the Eurozone, the Spanish GDP for Q2 came in at 0.8%, exceeding the 0.7% forecast, which may lend support to the EUR. Concurrently, ECB President Lagarde’s speech at 05:30 will be closely monitored for insights on future monetary policy.
The CAD will also be influenced by GDP data, with a mixed report showing a 0.2% growth in July, surpassing expectations, but stagnating at 0
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-09-26 | 01:30 | 🇯🇵 | Medium | BoJ Board Member Noguchi Speaks | ||
| 2025-09-26 | 03:00 | 🇪🇺 | Medium | Spanish GDP (QoQ) (Q2) | 0.8% | 0.7% |
| 2025-09-26 | 05:10 | 🇪🇺 | Medium | Italian 10-Year BTP Auction | 3.62% | |
| 2025-09-26 | 05:30 | 🇪🇺 | Medium | ECB President Lagarde Speaks | ||
| 2025-09-26 | 06:00 | 🇪🇺 | Medium | France Jobseekers Total (Aug) | 3,021.8K | |
| 2025-09-26 | 08:30 | 🇺🇸 | High | Core PCE Price Index (MoM) (Aug) | 0.2% | 0.2% |
| 2025-09-26 | 08:30 | 🇺🇸 | High | Core PCE Price Index (YoY) (Aug) | 2.9% | 2.9% |
| 2025-09-26 | 08:30 | 🇺🇸 | Medium | PCE Price index (YoY) (Aug) | 2.7% | 2.7% |
| 2025-09-26 | 08:30 | 🇺🇸 | Medium | PCE price index (MoM) (Aug) | 0.3% | 0.3% |
| 2025-09-26 | 08:30 | 🇺🇸 | Medium | Personal Spending (MoM) (Aug) | 0.6% | 0.5% |
| 2025-09-26 | 08:30 | 🇨🇦 | Medium | GDP (MoM) (Jul) | 0.2% | 0.1% |
| 2025-09-26 | 08:30 | 🇨🇦 | Medium | Wholesale Sales (MoM) (Aug) | -1.3% | |
| 2025-09-26 | 08:31 | 🇨🇦 | Medium | GDP (MoM) (Aug) | 0.0% | |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan 1-Year Inflation Expectations (Sep) | 4.8% | |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan 5-Year Inflation Expectations (Sep) | 3.9% | |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan Consumer Expectations (Sep) | 51.8 | |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan Consumer Sentiment (Sep) | 55.4 | |
| 2025-09-26 | 11:30 | 🇺🇸 | Medium | Atlanta Fed GDPNow (Q3) | 3.3% | |
| 2025-09-26 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Oil Rig Count | ||
| 2025-09-26 | 13:00 | 🇺🇸 | Medium | FOMC Member Bowman Speaks | ||
| 2025-09-26 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Total Rig Count | ||
| 2025-09-26 | 15:30 | 🇬🇧 | Medium | CFTC GBP speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC Crude Oil speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC Gold speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC Nasdaq 100 speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC S&P 500 speculative net positions | ||
| 2025-09-26 | 15:30 | 🇦🇺 | Medium | CFTC AUD speculative net positions | ||
| 2025-09-26 | 15:30 | 🇧🇷 | Medium | CFTC BRL speculative net positions | ||
| 2025-09-26 | 15:30 | 🇯🇵 | Medium | CFTC JPY speculative net positions | ||
| 2025-09-26 | 15:30 | 🇪🇺 | Medium | CFTC EUR speculative net positions | ||
| 2025-09-26 | 18:00 | 🇺🇸 | Medium | FOMC Member Bostic Speaks |
