Trading firms are divided on whether 24/7 trading will affect the market positively or negatively, an Acuiti report has found. Around 37% of the proprietary trading community felt round-the-clock trading was a positive thing, but 38% expressed mixed views. "The proprietary trading community recognises the potential benefits of 24/7 trading but is cautious about the operational and liquidity challenges it introduces," said Ross Lancaster, head of research at Acuiti.

Investors are embracing the "run it hot" trade, betting on economic resurgence driven by tax cuts and falling interest rates. This optimism has pushed stocks, bitcoin, and gold to record highs, with the Dow Jones Industrial Average surpassing 46,000. Investors are optimistic about the near-term outlook, despite concerns about slowing job growth and tariffs.

A federal appeals court has ruled that President Donald Trump cannot dismiss Federal Reserve Governor Lisa Cook before the Federal Open Market Committee meeting, allowing her to participate in the two-day event. Trump attempted to fire Cook over alleged mortgage fraud, which she denies, but the court upheld a lower ruling preventing her removal while her lawsuit against Trump proceeds.

Structured notes are experiencing rapid growth in the US, with the market reaching a record $194 billion in 2024 and on track to surpass that in 2025. This expansion marks a significant turnaround after years of stagnation following the Lehman Brothers collapse.

Speculation is rising that the People's Bank of China will resume debt purchases after a bond selloff pushed benchmark yields to a nine-month high. While some economists believe the central bank may delay action, citing the potential for further bond declines, others anticipate purchases could begin as soon as this month. The PBOC paused bond buying in January after five months of net purchases.

Options traders are preparing for a busy week with the Federal Reserve expected to cut interest rates and the quarterly triple-witching options expiry approaching. However, traders are more focused on upcoming jobs data, anticipating that significant negative payroll numbers are needed to boost volatility.

The share of US credit default swaps cleared through central counterparties fell to 60.9% in August, the lowest level since September 2024, according to the Commodity Futures Trading Commission. The decline was driven by a drop in cleared notional and a rise in bilateral activity, with instruments referencing North American names seeing the sharpest decrease.