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.
6 Sep 2021 2 minute read 0 comments Justin d'Anethan
With disappointing jobs numbers in the US (250,000 actual instead of 750,000 increase, in non-farm payroll), investors turned fearful of the impact of the delta covid variant and sold risk assets. Looking that the charts, though, you wouldn’t tell; t...
2 Sep 2021 2 minute read 0 comments Justin d'Anethan
While investors await jobs data on Thursday in the US, most American equity indexes traded flat but, to be fair, close to or at all-time highs. European equities are also inches away from their record highs while Asian equities are, well, recouping f...
1 Sep 2021 1 minute read 0 comments Justin d'Anethan
Looking at American equity indexes, it’s been almost a year without a real correction -the last time was in October 2020. With September often being a tricky month for risk assets, many people are feeling both happy about the steady rise up but also...
31 Aug 2021 1 minute read 0 comments Justin d'Anethan
Equities indexes continued to rise yesterday. Despite concerns about having reached peak economic growth, geopolitical risks or the Fed hinting at tapering, investors are still bullish risk assets. And, as it did yesterday, with capital flowing to eq...
30 Aug 2021 1 minute read 0 comments Justin d'Anethan
Looking back on last Friday’s trading, in traditional markets, one can see a clear risk-on session. Equities rose and closed at record highs, the dollar fell, yields fell, gold steadied. On a broader time horizon and with the month of August closing,...
26 Aug 2021 1 minute read 1 comment Justin d'Anethan
The S&P 500 marched on to records yesterday, touching for the very first time 4,500. The Nasdaq also broke new all-time highs and closed above 15,000. The move occurred as investors' fears about Fed’s tapering cooled off. Basically, after a period of...
25 Aug 2021 1 minute read 1 comment Justin d'Anethan
It’s fascinating to see the exuberance continue, amidst traditional markets. Basically, ahead of a Fed meeting on their bond buying program (which most people assume will be very accommodating), investors bought equities en masse. The S&P rose to rec...
24 Aug 2021 2 minute read 1 comment Justin d'Anethan
The enthusiasm I talked about yesterday seems to remain for now. In traditional markets, after US regulators granted full approval for the Pfizer vaccine, investors continued the risk buying spree they were on. The S&P, the Nasdaq, the Dow all printe...
23 Aug 2021 2 minute read 1 comment Justin d'Anethan
It’s a sea of green.. Wait, no, a field of green ! I’m not just talking about crypto markets but also traditional markets; and they’re of course intimately linked. With the only red dot being the dollar, retracing back slightly, macro markets are...
19 Aug 2021 1 minute read 1 comment Justin d'Anethan
Investors, now addicted to the support from the Fed, continued to sell risk assets as the Fed minutes hinted at possibly, maybe, reducing their bond purchase program, which would then allow rates to rise further. The S&P, the Nasdaq, the Dow all e...
