Volatility
Quiet Start to the Week—Volatility Ahead with Powell & PMI

️ Monday Market Brief – August 18, 2025
Low Volume, Calm Waters… Before the Storm?
Today’s trading session opened with notably light volume across major asset classes—a familiar rhythm for an August Monday. With many market participants still in vacation mode and key macro events on the horizon, it’s no surprise we’re seeing range-bound price action and muted volatility.
That calm won’t last long. By Thursday, the tempo is expected to shift dramatically as a wave of economic data hits the tape. PMI reports and the Philadelphia Fed survey will headline the day, offering fresh clues on growth and inflation trends. Then on Friday, all eyes will turn to Fed Chair Jerome Powell’s remarks following the Jackson Hole symposium—a moment that often sets the tone for monetary policy heading into Q4.
Trading Insight
Recognizing the type of day ahead—like today’s low-volatility, sideways grind—can dramatically improve your tactical edge. In environments like this, fading the extremes of volume or volatility bands (buying the lows, selling the highs) tends to outperform breakout strategies. Of course, it’s always easier to see the ideal play in hindsight—but developing that intraday awareness is a skill worth sharpening.
Stay nimble, stay curious, and keep your powder dry for the back half of the week. |