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.
4 Mar 2021 1 minute read 2 comments Justin d'Anethan $1.22
It’s been a while since we’ve seen interesting moves in traditional assets -relative to crypto. Yesterday, while the 10-year yield marches on to above 1.55%, equities retraced on pretty much all the gains since the beginning of this year. The S&P h...
4 Mar 2021 1 minute read 0 comments Justin d'Anethan $3.12
If you’ve been reading this briefing for a while, you’re aware of the link between bonds and equities. Yesterday, again, bonds were sold en-masse, pushing the 10-year yield close to 1.5%. Investors feel like they are due for a reopening of the econom...
3 Mar 2021 1 minute read 0 comments Justin d'Anethan $0.91
On Monday, following the large stimulus package passed in the US, equities enjoyed a bullish tilt. Yesterday, investors clearly took some profit off the table; it’s worth noting that there’s a Fed meeting and the release of jobs numbers coming up. Mo...
2 Mar 2021 1 minute read 0 comments Justin d'Anethan $0.71
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...
1 Mar 2021 1 minute read 0 comments Justin d'Anethan $1.62
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...
26 Feb 2021 1 minute read 2 comments Justin d'Anethan $2.91
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...
25 Feb 2021 1 minute read 0 comments Justin d'Anethan $0.60
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...
24 Feb 2021 1 minute read 0 comments Justin d'Anethan $1.72
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...
23 Feb 2021 1 minute read 2 comments Justin d'Anethan $0.72
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...
22 Feb 2021 1 minute read 1 comment Justin d'Anethan $0.92
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...
