**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.
## Major News
U.S. stock futures showed modest gains ahead of the opening, with S&P 500 futures rising slightly by 0.08%. The Dow futures dipped 0.31%, while Nasdaq futures increased by 0.14%. In the US, the Nonfarm Payrolls report was notably disappointing, with only 22K jobs added.
In Europe, the Euro Stoxx 50 edged up by 0.06%, while the DAX and CAC 40 fell slightly by 0.18% and 0.19%, respectively. The FTSE 100, however, gained 0.31%. This mixed performance reflects ongoing concerns about economic growth and inflation.
The Nikkei index in Japan increased by 0.11%, indicating stable investor sentiment amid global market fluctuations.
In commodities, food prices remained stable in August, according to the FAO, while European long bonds attracted buyers due to the highest yields seen in decades, reversing recent sell-offs.
In the cryptocurrency space, concerns were raised about stablecoins potentially disrupting credit card rewards. Tesla’s proposal for a new pay plan for Elon Musk and a finalized trade deal between the U.S. and Japan regarding tariffs also generated headlines, reflecting ongoing corporate
## Performances
### US Futures
US futures indicate opening sign for cash market.
| Future | Price | Daily Change (%) |
|---|---|---|
| S&P 500 Futures | 6516.00 | -0.08 |
| Dow Futures | 45560.00 | -0.31 |
| Nasdaq Futures | 23777.50 | 0.14 |
### Major US Indices (Previous Close)
| Index | Price | Daily Change (%) |
|---|---|---|
| S&P 500 | 6501.50 | 0.70 |
| Dow Jones | 45616.37 | 0.91 |
| Nasdaq 100 | 23625.78 | 0.86 |
### FX Performance
| Currency Pair | Price | Daily Change (%) |
|---|---|---|
| EUR/USD | 1.17 | 0.78 |
| USD/JPY | 147.34 | -0.76 |
| GBP/USD | 1.35 | 0.67 |
| USD/CHF | 0.80 | -0.72 |
| USD/CAD | 1.38 | -0.21 |
| AUD/USD | 0.66 | 0.71 |
| NZD/USD | 0.59 | 0.89 |
### Commodities Performance
| Commodity | Price | Daily Change (%) |
|---|---|---|
| Crude Oil | 62.80 | -0.82 |
| Gold | 3606.90 | -0.30 |
| Silver | 41.23 | -0.79 |
| Natural Gas | 3.07 | -0.84 |
### BTC and ETH Performance
| Crypto | Price | Daily Change (%) |
|---|---|---|
| Bitcoin | 112461.72 | 1.56 |
| Ethereum | 4484.36 | 4.30 |
## High-Importance Economic Events
On September 5, 2025, several key economic indicators were released, primarily impacting the GBP and EUR currencies.
For the UK, Core Retail Sales (YoY) and (MoM) figures exceeded expectations, coming in at 1.3% and 0.5%, respectively, against forecasts of 1.2% and 0.4%. Additionally, the Halifax House Price Index (YoY) and (MoM) also surpassed forecasts, at 2.2% and 0.3%. However, Retail Sales (YoY) fell short of expectations, registering at 1.1% versus a forecast of 1.3%. The overall mixed performance in UK retail data may lead to volatility in GBP trading.
In the Eurozone, German Factory Orders reported a significant decline of -2.9%, starkly contrasting the forecast of 0.5%, which could exert downward pressure on the EUR. Conversely, Eurozone GDP growth for Q2 was slightly better than expected at 1.5%, compared to a forecast of 1.4%, which may provide some support for the currency.
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-09-05 | 02:00 | 🇬🇧 | Medium | Core Retail Sales (YoY) (Jul) | 1.3% | 1.2% |
| 2025-09-05 | 02:00 | 🇬🇧 | Medium | Core Retail Sales (MoM) (Jul) | 0.5% | 0.4% |
| 2025-09-05 | 02:00 | 🇬🇧 | Medium | Halifax House Price Index (YoY) (Aug) | 2.2% | 2.0% |
| 2025-09-05 | 02:00 | 🇬🇧 | Medium | Halifax House Price Index (MoM) (Aug) | 0.3% | 0.2% |
| 2025-09-05 | 02:00 | 🇬🇧 | Medium | Retail Sales (YoY) (Jul) | 1.1% | 1.3% |
| 2025-09-05 | 02:00 | 🇬🇧 | Medium | Retail Sales (MoM) (Jul) | 0.6% | 0.3% |
| 2025-09-05 | 02:00 | 🇪🇺 | Medium | German Factory Orders (MoM) (Jul) | -2.9% | 0.5% |
| 2025-09-05 | 03:00 | 🇨🇭 | Medium | SECO Consumer Climate (Aug) | -40 | -37 |
| 2025-09-05 | 04:30 | 🇬🇧 | Medium | Mortgage Rate (GBP) (Aug) | 6.86% | |
| 2025-09-05 | 05:00 | 🇪🇺 | Medium | GDP (YoY) (Q2) | 1.5% | 1.4% |
| 2025-09-05 | 05:00 | 🇪🇺 | Medium | GDP (QoQ) (Q2) | 0.1% | 0.1% |
| 2025-09-05 | 08:30 | 🇺🇸 | High | Average Hourly Earnings (MoM) (Aug) | 0.3% | 0.3% |
| 2025-09-05 | 08:30 | 🇺🇸 | Medium | Average Hourly Earnings (YoY) (YoY) (Aug) | 3.7% | 3.7% |
| 2025-09-05 | 08:30 | 🇺🇸 | High | Nonfarm Payrolls (Aug) | 22K | 75K |
| 2025-09-05 | 08:30 | 🇺🇸 | Medium | Participation Rate (Aug) | 62.3% | |
| 2025-09-05 | 08:30 | 🇺🇸 | Medium | Private Nonfarm Payrolls (Aug) | 38K | 75K |
| 2025-09-05 | 08:30 | 🇺🇸 | Medium | U6 Unemployment Rate (Aug) | 8.1% | |
| 2025-09-05 | 08:30 | 🇺🇸 | High | Unemployment Rate (Aug) | 4.3% | 4.3% |
| 2025-09-05 | 08:30 | 🇨🇦 | Medium | Employment Change (Aug) | -65.5K | 4.9K |
| 2025-09-05 | 08:30 | 🇨🇦 | Medium | Unemployment Rate (Aug) | 7.1% | 7.0% |
| 2025-09-05 | 10:00 | 🇨🇦 | Medium | Ivey PMI (Aug) | 53.1 | |
| 2025-09-05 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Oil Rig Count | 411 | |
| 2025-09-05 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Total Rig Count | ||
| 2025-09-05 | 15:30 | 🇬🇧 | Medium | CFTC GBP speculative net positions | ||
| 2025-09-05 | 15:30 | 🇺🇸 | Medium | CFTC Crude Oil speculative net positions | ||
| 2025-09-05 | 15:30 | 🇺🇸 | Medium | CFTC Gold speculative net positions | ||
| 2025-09-05 | 15:30 | 🇺🇸 | Medium | CFTC Nasdaq 100 speculative net positions | ||
| 2025-09-05 | 15:30 | 🇺🇸 | Medium | CFTC S&P 500 speculative net positions | ||
| 2025-09-05 | 15:30 | 🇦🇺 | Medium | CFTC AUD speculative net positions | ||
| 2025-09-05 | 15:30 | 🇧🇷 | Medium | CFTC BRL speculative net positions | ||
| 2025-09-05 | 15:30 | 🇯🇵 | Medium | CFTC JPY speculative net positions | ||
| 2025-09-05 | 15:30 | 🇪🇺 | Medium | CFTC EUR speculative net positions |
