【FXCM】 16 September 2026 · Daily Market Update

📊 Daily Market Update | 16 September 2026

Dear traders — Fed Decision Day arrives with U.S. yields near 5%, Oil above $100 and Gold near a six-week low.

🔥 OIL

Tuesday: Brent +2.9% → $108.75 | WTI +$4.44 → $105.83.

But Wednesday Oil pulled back after API reported a surprise +7.1M barrel U.S. crude build versus an expected draw.

Watch Brent: $105-$107 / $110 / $115.

🟡 GOLD

Gold stayed near $4,293 as high Treasury yields and a stronger USD outweighed safe-haven demand.

Watch: $4,250-$4,280 / $4,300-$4,330 / $4,400.

📉 WALL STREET

S&P 500 -0.45% | Nasdaq -0.78% | Dow -0.63%

🤖 Chips stabilised after Monday's 5.9% selloff, but AI valuations remain highly sensitive to the Fed and the 5% Treasury yield.

🌏 Asia: HKG33 Tuesday ~-1% | JPN225 roughly flat, slightly softer this morning.

💴 USDJPY ~155 | EURUSD ~1.153

₿ Bitcoin remains under pressure after the U.S. Senate failed to advance major crypto legislation.

📌 TODAY

🇺🇸 8:30 ET — U.S. Retail Sales

🛢️ 10:30 ET — EIA Oil Inventories

🏦 2:00 ET — Fed Decision | 2:30 ET Press Conference

A 25bp Fed hike is more than 90% priced, so the key question is what comes next. The dot plot and rate guidance may matter more than the expected hike itself — particularly for Gold, USDJPY and NAS100, potentially creating potential trading opportunities around the releases.

⚠️ Our products are traded on leverage which means they carry a high level of risk and you could lose more than your deposits. These products are not suitable for all investors. Please ensure you fully understand the risks and carefully consider your financial situation and trading experience before trading.

Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained herein are provided on an “as-is” basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination.