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Daily Market Update
Daily Market Update

Daily Market Update

A quick market update (1-2min read). Every week day, morning in Asia, I go over major moves in macro and crypto markets, linking fundamentals to price action.


Markets Pull Back But On-Chain Indicators Hint At More Upside

17 Nov 2021 1 minute read 5 comments Justin d'Anethan

It looks like crypto isn't correlated to traditional markets, at least not during this past session. With good retail data and earnings from large retailers, investors bought equities, betting on increased consumer spending -despite rising prices. We...

Markets Pause As Investors Digest Inflation Data, Earnings And A New Bill - Daily Macro And Crypto Markets Update

16 Nov 2021 1 minute read 0 comments Justin d'Anethan

Investors just aren’t ready to give up on equities yet. You can see that with US indexes essentially flat even in the wake of pretty ominous inflation data. Many investors are also waiting for earnings from rather large retail companies and so will n...

Large OTC Activity Hint At Increasing Institutional Demand

15 Nov 2021 1 minute read 0 comments Justin d'Anethan

So, if you remember, the big thing that happened last week was inflation data, essentially the consumer price index, exceeding analysts’ forecasts and jumping by a good margin. That understandably spooked investors who sold risk assets and had major...

Inflation Jumps Massively, Pushes Risk Markets Down - How To Play This - Daily Macro And Crypto Markets Update

11 Nov 2021 2 minute read 1 comment Justin d'Anethan

Yesterday I mentioned that some investors took profit off the table, in traditional markets, due to inflation data about to come out. It came out and it turns out it’s the highest in about three decades. The key metric jumped to 6.1%, which is very h...

Positive News And Cyclicality In Crypto Markets Playing Out - Daily Macro And Crypto Markets Update

9 Nov 2021 2 minute read 0 comments Justin d'Anethan

If you’re trading traditional assets, you’ll notice a slight pull back, maybe just a pause, from the incessant bull run we’ve been on. The fundamentals that pushed us higher haven’t changed but key inflation data due to come tomorrow has investors ta...

Accelerating Exchange Outflows, Mastercard Announcement, New Records All Around - Daily Macro And Crypto Markets

9 Nov 2021 1 minute read 0 comments Justin d'Anethan

It’s another day and… another flurry of all-time highs. With the infrastructure bill that passed in the US most equity indexes rose, globally, and just at the close in the US you could see the Dow, the S&P and the Nasdaq reaching new records. No surp...

BTC Value Transfer Relative To Market Cap Hint At Massive Upside - Daily Macro And Crypto Markets

8 Nov 2021 1 minute read 1 comment Justin d'Anethan

In traditional markets, people are having fun. There’s just a flurry of good fundamentals, I’m talking about a $1 trillion infrastructure bill passed by the House, jobs data on Friday that beat expectations by a good margin and then also the Pfizer a...

Kimchi Premium Trends Down, Supportive Of Global BTC Prices Rising - Daily Macro And Crypto Markets

5 Nov 2021 1 minute read 0 comments Justin d'Anethan

If you look at markets, you can sense an undercurrent of indecisiveness…?   In traditional markets, that’s expressed by most equity indexes showing some minor gains (that technically still pushed them to new highs) but also futures trading, after hou...

Stablecoin Supply Reaches New Highs As Global Markets Turn Risk-On - Daily Macro And Crypto Markets

4 Nov 2021 1 minute read 1 comment Justin d'Anethan

The result of the Fed meeting is that the US central bank will start reducing its bond-buying program. This means the quantitative easing should end by the middle of 2022, in about 6-9 months out; but the Fed did say they remained flexible. On the ne...

Institutions Load Up On BTC and ETH But The FOMO Hasn’t Started Yet - Daily Macro And Crypto Markets

3 Nov 2021 1 minute read 0 comments Justin d'Anethan

It’s beautiful to see so much strength in markets right now. Sure, I’m thinking of traditional markets where the Dow, the S&P, the Nasdaq, even the Russell 2000 are reaching new records. This earnings season has been grandiose and people are buyers o...