Stock Market Daily Update: Sensex surges by 430 points, with auto and metal sectors outperforming in anticipation of inflation statistics release
The European Central Bank (ECB) did not make any interest rate changes on September 11, 2025, as reported by the Governing Council. Contrary to some speculations, the ECB did not decide on possible interest rate changes on this day, and the deposit rate remains at 2%.
Meanwhile, in the United States, Chen Zhao, Head of Economics at Redfin, forecasts a potential shift in the Federal Reserve's monetary policy. If inflation cools further, Zhao predicts that the Fed may not only cut interest rates but also signal more cuts ahead. This could stimulate the economy and potentially fuel the next leg of the rally.
This week, several key economic events are on the horizon. On September 10, the U.S. Producer Price Index (PPI) will be released, followed by the Consumer Price Index (CPI) on September 11. The Federal Reserve's interest rate decision is scheduled for September 17. Additionally, U.S. earnings from Adobe, Chewy, and Synopsys are expected this week.
In the Asian markets, the Nikkei, Shanghai Composite, and Hang Seng all saw gains on September 11. The Nikkei rose by 1.45%, the Shanghai Composite increased by 0.38%, and the Hang Seng climbed by 0.85%.
In the U.S., the 10-Year Treasury Yield slightly decreased to 4.08%. U.S. futures also showed positive signs, with the Nasdaq, S&P 500, and Dow all up by 0.35%, 0.23%, and 0.21% respectively.
The price of WTI Crude is trending higher, reaching $62.78 per barrel. However, the price of gold dipped slightly, with one ounce now valued at $3,648.
As always, stay tuned for the latest market updates.
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