🌅 Morning Market Update – 09.09.2025 📉 The Asia-Pacific session opened with mixed sentiment: Japan’s JP225 fell −0.95%, Chinese indices swung between −/+0.50%, and Australia’s AU200.cash slipped −0.50%. 🥇 Gold rose +0.56% to a record $3,655/oz, while 🪙 silver broke above $41 for the first time since 2011. The 💵 US dollar index eased −0.11%. 🇦🇺 Australia’s NAB survey showed confidence down (4 vs 8), but business conditions improved to 7, supported by stronger employment, profitability, and orders. 🇯🇵 Japan will see US tariffs on cars and other goods reduced by 16 September, though disputes remain unresolved. 🇰🇷 Seoul rejected Washington’s $350bn investment demands, stalling talks. 🇨🇦🤝🇨🇳 China and Canada held trade discussions at both federal and provincial level, signalling broader cooperation in agriculture and energy. 🇫🇷 France’s PM François Bayrou was ousted in a confidence vote, but the euro barely reacted. 🇺🇸 Markets are pricing aggressive Fed cuts, with a 12% chance of a 50bp move in September depending on Thursday’s CPI. Goldman Sachs CEO David Solomon, however, argues Fed policy isn’t “exceptionally restrictive” and sees favourable conditions despite trade headwinds. 🚀 Stay ahead of the markets with NordFX – your partner for smarter trading decisions.