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—June 18th—Macro and Crypto Markets

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

Investors seem to be finding ground after the previous session’s sell-off, the latter was triggered by the more hawkish stance from the Fed, announcing raising rates sooner than investors broadly expected. While the S&P stayed put and the Dow actuall...

Morning‌‌ ‌‌Update—June 17th—Macro and Crypto Markets

17 Jun 2021 1 minute read 1 comment Justin d'Anethan

The Fed meeting that kept investors uncertain brought a bit more clarity, yesterday. Unfortunately for holders of risk, the message is hawkish, signalling interest rates might be raised at a faster pace than expected.    The 10-year yield jumped from...

Morning‌‌ ‌‌Update—June 16th—Macro and Crypto Markets

16 Jun 2021 1 minute read 0 comments Justin d'Anethan

If you’re looking at traditional markets and wondering what’s driving them, it seems that the Fed meeting is driving things. Ahead of the event investors were buying risk but now, with rumours easing bond-buying policy, investors are selling it. Equi...

Morning‌‌ ‌‌Update—June 15th—Macro and Crypto Markets

15 Jun 2021 1 minute read 1 comment Justin d'Anethan

With investors looking at the next Fed monetary policy meeting, equity indexes rose yesterday. The S&P actually reached fresh records while the Nasdaq closed within 20bps of the all-time high. After dropping for several sessions, yields rose with the...

Morning‌‌ ‌‌Update—June 11th—Macro and Crypto Markets

10 Jun 2021 1 minute read 0 comments Justin d'Anethan

Yesterday, the US reported CPI data, basically an index calculating the price increase or decrease of a basket of goods. The number is higher than expected but one could argue this is simply due to the lower prices during the weakened economy during...

Morning‌‌ ‌‌Update—June 10th—Macro and Crypto Markets

9 Jun 2021 1 minute read 1 comment Justin d'Anethan

While global investors seem to believe in a recovering economy, inflation data coming through later today, in the US, has left most of them selling risk assets for now. Stocks retreated and bonds were bought, pushing the 10-year yield down below 1.5%...

Morning‌‌ ‌‌Update—June 9th—Macro and Crypto Markets

8 Jun 2021 1 minute read 0 comments Justin d'Anethan

Investors across markets will notice a similar price action, yesterday, starting with a sell-off and then a pick-up. This creates a candlestick with a small body and a large lower wick, which is typically a bullish signal.    Ultimately, prices didn’...

Morning‌‌ ‌‌Update—June 8th—Macro and Crypto Markets

8 Jun 2021 1 minute read 0 comments Justin d'Anethan

Many investors in macro markets are facing the conundrum of a better/recovering economy (good for valuations) and potentially higher interest rates (weighing down on valuations). Yesterday, both expectations fought as the S&P stagnated close to recor...

Morning‌‌ ‌‌Update—June 7th—Macro and Crypto Markets

7 Jun 2021 1 minute read 1 comment Justin d'Anethan

With optimism about economic recovery -or reopening- most equity markets finished last week up. The VIX dropped sharply while the S&P and the DOW gained, and the 10-year yield dropped. Gold gained as well but not enough to erase the massive loss endu...

Morning‌‌ ‌‌Update—June 4th—Macro and Crypto Markets

3 Jun 2021 1 minute read 1 comment Justin d'Anethan

It’s a very clear market dynamic to watch: Yesterday, the dollar rose and, conversely, people sold equities. The S&P, the Nasdaq and the Dow are down. Gold and silver are definitely down, losing around 2% on the session.   In the crypto space, ignori...