As we close out of Asia trade and roll into the UK/European session - here's a cheeky look at the movers and shakers on the day 👊

The strong vs the weak - where price sits within its daily high-to-low range

GBPAUD -0.6% coming at the same time as Australia beat England by 28 runs in T20.... creepy correlation.

*S. KOREA AIMS TO END SHORT-SELLING BAN ON ALL STOCKS IN MARCH this will be the point when the Kospi gets hammered

Will be a ton of "Gold regains its shine" headlines today 🪙

Little in the way of data to trouble positioning in the session ahead, but we do have China release its monthly data dump on Saturday - so small gapping risk to consider in the China-sensitive plays

The Daily Fix – Upbeat momentum in risk as we close out the week We roll out of US trade and look ahead to the final trading session of the week, and the bulls will be feeling quietly confident about the direction of travel - where if it weren’t for the landmine that is next

*CHINA'S 10-YEAR BOND YIELD FALLS TO RECORD LOW OF 2.0775% - all you need to know about where bond traders see the trajectory for China's economic fortunes

China Aug new home and used homes prices fall 0.73% m/m & 0.95% m/m respectively - a faster pace than we saw in July. The PBoC can make the cost to refinance and to borrow cheaper for households, but if peps dont have a positive expectancy on house price appreciation, they aint

China data universally softer

The distribution of economist's expectations for Wednesday FOMC meeting - I wouldn't put any weight to those calling for a hold, either these were old calls and they haven't updated the BBG survey, or they haven't listened to a word of recent Fed speeches We also see US swaps

The current state of play in the betting markets and average polls ⬇️

3 pips from 140 in USDJPY - big levels being tested

Through 140- They're eating the bids, they're eating the bids, they're eating the bids of the the buyers that live there

🇦🇺Big day ahead Aussie ballers - new highs incoming in the ASX200 - I hope those approaching retirement feel just that bit more confident of purchasing that Lotus caravan ready for that trip you've been talking about...

The Daily Fix – US retail sales leading us into the FOMC meeting The central focus of many remains fixated on the 25bp vs 50bp Fed rate cut debate, while inside markets the USD traded heavy on the day, with US equity and gold closing on a flat note. Crude has seen a solid rally

🇺🇸The September FOMC Meeting Playbook 📽️- Where does the balance of risk sit for tomorrow's FOMC meeting? We explore the 5 focal points that could all get focus and influence markets - 25bp v 50bp, for me, the lasting reaction in markets comes from why they chose that

Seeing some money placed on Kamala Harris and her odds have moved a touch - are we putting this down to Billie Eilish endorsing her? 😆