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.
5 May 2021 1 minute read 1 comment Justin d'Anethan
If you invest in stock, you’re always looking at interest rates; they guide risk appetite in a very real way. After Treasury Secretary Yellen commented that rates might have to rise somewhat to keep the economy from overheating, a general risk-off ti...
4 May 2021 1 minute read 1 comment Justin d'Anethan
Markets moved up slightly, but not on positive news—rather on the Fed announcing that economic recovery still looked patchy. This pushed the 10-year yield down, which ultimately is a positive for equities. The S&P and the Dow edged up, while the tech...
2 May 2021 1 minute read 0 comments Justin d'Anethan
Last week finished on a risk-off tilt, with equity indexes falling. Despite positive earnings and positive expectations, covid cases rising, political moves in the US and tensions in Asia dampened investors’ spirit. In the crypto space, almost as...
29 Apr 2021 1 minute read 0 comments Justin d'Anethan
The S&P reached new highs, closing the session above $4,200. The Nasdaq also rose to record levels but ended up closing a bit down. The Dow is still below all-time high but decidedly up. Investors are feeling bolstered by positive earnings and positi...
28 Apr 2021 1 minute read 1 comment Justin d'Anethan
The S&P reached new record highs, yesterday, but retraced and ended the session down. The Nasdaq fell straight away. We’re seeing indexes fall, along with the dollar surprisingly. Maybe that has something to do with Biden’s new welfare and tax plan....
28 Apr 2021 1 minute read 0 comments Justin d'Anethan
With the dollar gaining against its peers, we saw quite a lot of selling taking place during the US session. Bonds fell, with the 10-year rising closer to 1.6%, and equity indexes pulled back slightly, mostly dragged by tech stocks. I’m happy to r...
26 Apr 2021 1 minute read 0 comments Justin d'Anethan
Markets are decidedly up this morning. The S&P reached new highs yesterday and the Nasdaq is also feeling undoubtedly bullish, now close to its all-time high. I also like to look at commodities like copper or lumber as a sign of economic health, a...
26 Apr 2021 1 minute read 1 comment Justin d'Anethan
Markets are interesting to look at these days. After a general risk-off move on Thursday, Friday closed last week with a strong bullish tilt on equities across the globe. The dollar unsurprisingly fell. In the crypto space, though, things did not b...
23 Apr 2021 1 minute read 0 comments Justin d'Anethan
If you’re a holder of risk, you probably don’t feel too happy today. We’re by no means at low levels, if anything we’re still high, but one can observe a pullback on most assets. The S&P and Nasdaq walked back on most of yesterday’s gains. The only e...
22 Apr 2021 1 minute read 0 comments Justin d'Anethan
I was expecting some dip buyers in equity markets, but not by this much. Yesterday’s session walked back on almost two days of losses. The S&P and the Dow rose more than 1% and the Nasdaq rose over 1.5%. Bond yields steadied. Gold continued a very bu...
