The market’s somnolent state follows the recent revelation of a weaker-than-forecast U.S. jobs report. August nonfarm payrolls, a mere 22,000 positions, fell far short of expectations, sparking dreams of rate cuts and sending Treasury yields into a tailspin. Equities, ever the opportunists, seized the moment and soared. Yet, crypto traders, ever the skeptics, remain on tenterhooks, their eyes fixed on Thursday’s CPI release and the European Central Bank’s impending rate decision-two events poised to dictate the mood of global risk assets.