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.
20 May 2021 2 minute read 2 comments Justin d'Anethan
Many times, macro market sentiment affects crypto prices but, yesterday, it seems like it might have been the opposite. I won’t dive too deep into it but traditional markets had a strong risk-off session. In the crypto space, we saw drastic moves g...
17 May 2021 1 minute read 0 comments Justin d'Anethan
Traditional markets traded muted yesterday, with bonds slightly sold and pushing the 10-year yield a tad up. Equities closed flat or barely down, holding up the recovery sessions seen end of last week. Gold might be the highlight, falling at the open...
17 May 2021 1 minute read 1 comment Justin d'Anethan
It’s an interesting time to be looking at crypto markets and traditional markets. Unfortunately, for now, the former really is underperforming. With easing commodity prices and falling interest rates in the past few sessions, we saw the dollar foll...
13 May 2021 1 minute read 0 comments Justin d'Anethan
We’re seeing almost predictable market moves. After three days of decidedly bearish sessions, equities finally paused and recovered some of the previous session’s losses. The S&P, the Nasdaq and the Dow all rose around 1%. Bonds were also bought, pus...
12 May 2021 1 minute read 2 comments Justin d'Anethan
This morning won’t feel great to holders of risk assets. In traditional markets, reports on rising inflation seriously affected markets with the S&P and the Dow falling almost 2%. The Nasdaq lost more than 2.5% on the session, as tech stocks led dow...
11 May 2021 1 minute read 0 comments Justin d'Anethan
With commodities prices rising -essentially shortages in raw materials and semiconductors- the idea that production might slow down, that inflation might pick up and so that the recovery might not be as smooth as hoped for is weighing on investors' m...
10 May 2021 1 minute read 2 comments Justin d'Anethan
From time to time we mention commodities but, these days, they are the highlight. With rising prices in copper, iron, crude and lumber the idea that inflation is coming pervaded the minds of investors. Bonds were sold, pushing the 10-year yield back...
10 May 2021 1 minute read 0 comments Justin d'Anethan
Despite truly disappointing jobs numbers on Friday, markets ended on an upbeat note. The S&P rose to fresh new highs, above $4,230. The Dow hit records too, at $34,777. Tech stocks are a distance away from all-time highs but up on the session. Intere...
7 May 2021 1 minute read 0 comments Justin d'Anethan
Yesterday, an appetite for risk took over investors. Equities were bought ‘en masse’, pushing the Dow to record highs of $34,560 while both the S&P and Nasdaq rose. Bonds on the other hand were sold, with the 10-year yield now at 1.56%. Gold broke th...
6 May 2021 1 minute read 0 comments Justin d'Anethan
Today we saw interesting market dynamics. With positive earnings and positive expectations, along with good job numbers, the real economy seems to do better than tech stocks. The Dow rose and remains at record levels while the Nasdaq continues to ret...
