Daily Market Update | Publish0x
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.


Morning‌‌ ‌‌Update—March 2nd—Macro and Crypto Markets

2 Mar 2021 1 minute read 0 comments Justin d'Anethan

With the almost 2 trillion stimulus package passed over the weekend, yesterday’s session in the US saw risk assets perform beautifully.    The S&P rose more than 1.5%, to 3,900, and the Nasdaq jumped over 3%. Interestingly, commodities like oil, lumb...

Morning‌‌ ‌‌Update—March 1st—Macro and Crypto Markets

1 Mar 2021 1 minute read 0 comments Justin d'Anethan

On Friday, at the close of the session, markets were in a pitiful state. Equities dropped, bonds were sold further, gold continued its descent to $1,730. This morning in Asia, though, Australian yields seem to be retracing (meaning bonds are being bo...

Morning‌‌ ‌‌Update—February 26th—Macro and Crypto Markets

26 Feb 2021 1 minute read 2 comments Justin d'Anethan

We’ve talked about bond yields quite often in this update. While not the most exciting topic, it is a fundamental part of the US and the world economy. Yesterday, following the previous rise to 1.4%, the 10-year yield rose even higher, to 1.55%. Hist...

Morning‌‌ ‌‌Update—February 25th—Macro and Crypto Markets

25 Feb 2021 1 minute read 0 comments Justin d'Anethan

Continuing on the previous session’s enthusiasm around accommodating Fed policies, equities rose yesterday, with the Dow even reaching new highs. Yields continue to rise as well, with the 10-year up above 1.4%. That being said, some analysts expect t...

Morning‌‌ ‌‌Update—February 24th—Macro and Crypto Markets

24 Feb 2021 1 minute read 0 comments Justin d'Anethan

We observed some volatility yesterday, with only limited effects. Equities initially dropped significantly but, with Powell’s speech on the rate outlook sounding accommodating, risk assets erased losses. The S&P and Nasdaq ended up closing flat. The...

Morning‌‌ ‌‌Update—February 23th—Macro and Crypto Markets

23 Feb 2021 1 minute read 2 comments Justin d'Anethan

It’s not just crypto that went down yesterday. With rising concerns over inflation and climbing treasury yields, equities gapped at the open and closed the session 1-2% down. The 10-year yield is now up, at 1.36%. The dollar dropped further. Gold, on...

Morning‌‌ ‌‌Update—February 22th—Macro and Crypto Markets

22 Feb 2021 1 minute read 1 comment Justin d'Anethan

While, last week, US markets ended with equities mostly down, this morning in Asia, futures look to trade up. It’s worth noting that yields rose further, at 1.35%, with many investors expecting inflation to pick up. Gold seems to regain somewhat, cur...

Morning‌‌ ‌‌Update—February 19th—Macro and Crypto Markets

19 Feb 2021 1 minute read 0 comments Justin d'Anethan

We had a somewhat unenthusiastic session in the US overnight. Yellen reassured markets that a large stimulus package is on its way, but equity indexes still managed to close flat or down. Treasuries, which had previously been sold, remained on the sp...

Morning‌‌ ‌‌Update—February 18th —Macro and Crypto Markets

18 Feb 2021 1 minute read 0 comments Justin d'Anethan

With progress on the US fiscal stimulus front and data showing a pick up in retail sales, equities rose. The Dow reached a fresh record high while the Nasdaq (read: tech stocks) underperformed. The 10-year yield retreated slightly but is still at a r...

Morning‌‌ ‌‌Update—February 17th —Macro and Crypto Markets

17 Feb 2021 1 minute read 0 comments Justin d'Anethan

Equities reached new highs yesterday and then retracted to close slightly in the red. While investors are feeling bolstered by hopes of an economic recovery, the session’s focus shifted from risk assets to bonds. Treasuries were sold en masse, pushin...