📰Key Events This Week📰

US 20Y Bond Auction - Tuesday
August Retail Sales data - Wednesday🚨
Fed Interest Rate Decision - Wednesday 🚨
September Philly Fed Manufacturing Index - Thursday
August Pending Home Sales data - Thursday
August Industrial Production data - Friday

• WTI jumped roughly 3% to around $103 and Brent topped $107 after weekend drone strikes forced Saudi Arabia to shut its key East-West pipeline, erasing Friday's selloff. With the Oman de-escalation meeting postponed and no repair timeline for the pipeline, traders are holding a bullish bias with resistance targets near $104.46 on WTI and $109.97 on Brent.


$BTC fell roughly 1-3% intraday, trading between $76,400 and $77,700, pressured by hawkish macro repricing and rising Treasury yields ahead of the FOMC meeting. Spot Bitcoin ETFs saw net outflows as futures markets now price an 85-87% probability of a 25-basis-point hike.

• $EUR/USD eased about 0.4% to $1.16 as the dollar index held near recent highs, buoyed by rising bond yields and safe-haven demand tied to Middle East tensions. Elevated oil prices and hot US inflation data have reinforced expectations of tighter Fed policy, supporting the greenback broadly, including further peso weakness in Asia. #AltSeason #Stock #NewCrypto