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.
19 Jan 2021 1 minute read 0 comments Justin d'Anethan
Today, we experienced muted volumes and trading during MLK day (equities, bonds, and OTC markets are closed in the US). Crypto markets were open but moves were also muted, albeit for a different reason. BTC prices seem to be narrowing into a—bullis...
18 Jan 2021 1 minute read 0 comments Justin d'Anethan
It will be an interesting week for trading in Asia, as most will look at the economic data coming out of China in the coming days. Last Friday, global indexes fell by about 1% across the board, and this morning, futures look set to follow. Looking...
15 Jan 2021 1 minute read 0 comments Justin d'Anethan
While US politicians continue with impeachment proceedings, on the economic front, Powell assures investors that now is not the time to think about reversing the easing measures that are in place. On a shorter term basis, markets were spooked by yet...
14 Jan 2021 1 minute read 0 comments Justin d'Anethan
In traditional markets, we see a simple continuation of the previous session’s dynamics. The S&P rose slightly after some intraday swings. Investors bought some more treasuries, pushing the 10-year yield down, but still above 1%. Gold is stagnating a...
13 Jan 2021 1 minute read 1 comment Justin d'Anethan
Yesterday was a somewhat uneventful day in the markets. Equities in the US swung up and down to end the session perfectly flat. The 10-year yields pared earlier gains after a government auction was met with solid demand. The dollar fell sharply, retr...
12 Jan 2021 1 minute read 0 comments Justin d'Anethan
Although one can’t say that BTC is a leading indicator for the traditional markets, the risk-off move we saw yesterday definitely hinted at moves seen outside crypto. Yesterday, the Nasdaq closed 1% down, while treasuries remained flat. Gold stayed...
11 Jan 2021 1 minute read 0 comments Justin d'Anethan
On Friday, European and American markets closed the sessions with a risk-on tilt. Some indexes pushed to record highs (again). Treasuries continue to be sold, now tumbling to lows not seen within the last six months. The dollar rebounded slightly, wh...
9 Jan 2021 1 minute read 0 comments Justin d'Anethan
Traditional markets are up; crypto markets are up more. With the progressing political situation in the US (suggesting further stimulus) and the reassurance of vaccine arrivals in the coming months, markets enjoy a risk on tilt, pushing equities to...
