Markets remained cautious ahead of key U.S. employment data, with Fed rate expectations, bond yields and geopolitical risks driving sentiment. Gold held near recent highs, silver eased slightly, while Brent crude remained pressured by profit-taking and improving supply expectations. Investors are also watching U.S.-Iran tensions and the outlook for the September Fed meeting.
Today's Snapshot
- Dow Jones: 53,686.11 (+1.18%)
- Nasdaq Composite: 26,584.06 (+1.40%)
- S&P 500: 7,747.71 (+1.06%)
- Gold: $4,469.06/oz (-0.10%)
- Silver: $66.66/oz (-0.45%)
- Brent Crude: $91.55/bbl (-0.87%)
Note: Data and market levels are as of 05:30 UTC, September 4, 2026, and remain subject to live market fluctuations.
Global Markets
(A) Precious Metals
Gold: $4,469.06/oz (-0.10%)
Gold slipped 0.10% to $4,469.06/oz as profit-taking followed the previous session’s strong rally and investors stayed cautious ahead of U.S. payrolls data. Lower Treasury yields and reduced expectations for an immediate Fed rate hike limited losses. Fed Governor Christopher Waller indicated support for keeping rates unchanged if inflation continues to ease.
Silver: $66.66/oz (-0.45%)
Silver fell 0.45% to $66.66/oz as profit-taking and uncertainty ahead of key U.S. employment data pressured precious metals. A softer dollar and lower bond yields provided some support, while markets awaited fresh signals on the Fed’s rate outlook.
(B) Energy
Brent Crude: $91.55/bbl (-0.87%)
Brent crude declined 0.87% to $91.55/bbl as profit-taking, improving supply expectations and hopes of progress toward a Russia-Ukraine settlement weighed on prices. However, continued U.S.-Iran tensions and risks to shipping through the Strait of Hormuz limited the downside.
(C) FX
USD/JPY: 155.71
USD/JPY held near 155.71 as stronger BOJ rate-hike expectations supported the yen, while softer U.S. rate expectations pressured the dollar.
EUR/USD: 1.1625
EUR/USD stayed near 1.1625 as reduced expectations for a September Fed hike weakened the dollar ahead of U.S. jobs data.
AUD/USD: 0.7206 (+0.10%)
AUD/USD rose 0.10% to 0.7206 on broad U.S. dollar weakness and improved risk sentiment.
NZD/USD: 0.5892 (+0.20%)
NZD/USD gained 0.20% to 0.5892, supported by New Zealand’s recent rate hike and a softer U.S. dollar.
High-Impact Economic Events
| Country | Release | Forecast | Previous | Time |
|---|---|---|---|---|
| United Kingdom | BOE Gov Bailey Speaks | - | - | 08:50 AM (GMT +01:00) |
| Canada | Employment Change | 15.1K | 75.1K | 12:30 PM (GMT -04:00) |
| Canada | Unemployment Rate | 6.4% | 6.4% | 12:30 PM (GMT -04:00) |
| United States | Average Hourly Earnings m/m | 0.3% | 0.1% | 12:30 PM (GMT -04:00) |
| United States | Non-Farm Employment Change | 55K | -23K | 12:30 PM (GMT -04:00) |
| United States | Unemployment Rate | 4.1% | 4.1% | 12:30 PM (GMT -04:00) |
Note: These economic events are for informational purposes only. Please conduct your own research before making any market decisions.
Volatility
The VIX fell to around 14.32, following Thursday’s equity rally, indicating relatively calm market conditions.
What Markets Are Watching
- U.S. Jobs Data & Fed Expectations - Payrolls are expected at 55K, with unemployment at 4.1%. The report could shift expectations for the September Fed meeting.
- Bond Yields & Rate Outlook - Treasury yields eased after Waller’s comments, though concerns over government borrowing and a higher neutral rate remain.
- U.S.-Iran Tensions & Oil - Renewed U.S.-Iran tensions are keeping oil supply risks elevated, with further escalation potentially supporting crude prices and inflation.
“The individual investor should act consistently as an investor and not as a speculator.”
Yesterday’s Market News - September 3, 2026
Dow rose 0.56% to 53,061.95, Gold gained 0.96% to $4,430.49/oz, while Brent fell 1.50% to $90.71/bbl.
Read full recap →Disclaimer
This report is for informational purposes only and does not constitute investment advice, financial guidance, or a solicitation to buy or sell any financial instruments. Market data and figures are subject to change without notice. Data has been taken from sources we believe to be reliable; however, please conduct your own research before making any investment decisions. Trading leveraged or complex products carries significant risk; please ensure you understand the risks before trading.
T&Cs apply. For full terms and conditions, please visit centrinocapital.com.
