15/09/2026
Market scan for 15th September 2026.
Busy week with UK jobs today, UK inflation tomorrow, and Fed meeting tomorrow.
Fed are expected to raise rates despite pressure from Trump.
In the UK the autumn budget is hanging over the markets as well to some extent.
Two key things hanging over the market expensive oil and the yield in the 2-year US notes.
With Nasdaq stocks pulling back deeper, I am holding a position in Bitcoin. I have sold my wheat position.
And I am holding the defensive stock QQ and the stock rentokill as well as physical gold, the gold miner PAF, and the copper miner central Asian metals.
I'm still bullish but monitoring everything a bit more closely. Key will be Fed decision tomorrow. But any escalation in the oil price could put a damper on things.
As I've been saying for a couple of weeks, this is a very volatile time of the year.
I'm thinking very carefully about where I'm taking profits and where my stops are in this noise.