Weekly Summaries

Weekly Summaries

Bitcoin and Crypto Outlook

November 2021, cryptos are regularly making all-time highs amid a mania like euphoria that increased institutional uptake and a newly launched ETF that crypto traders believed would  drive prices even higher towards some of the uber bulls loftier 2021 targets. Two months is a long time in the crypto world and they have lived up to their volatile r...

January 25, 2022
Read More >
Omicron and inflation fears driving global markets

Market sentiment soured last week with global equity markets mostly finishing lower in a volatile week. The risk off market narrative also saw FX traders flock to the US dollar which soared against the commodity and risk sensitive AUD and NZD in particular and saw other safe haven currencies, the JPY and CHF outperform. Risk aversion also res...

December 6, 2021
Read More >
Week Ahead: Non-farm figures – the Feds missing puzzle piece?

Equity Markets World equity markets staged a decent comeback last week after the shock of the US Federal Reserve’s hawkish pivot caused a sell off the week before. Last week saw multiple central bank members from the Fed, European Central Bank and Bank of England talking down inflation fears and holding the “transitory” narrative, this he...

June 28, 2021
Read More >
The Fed eases rate rise fears while the ECB and BoE remain dovish

Equity Markets US markets broadly rallied last night with both S&P 500 and NASDAQ hitting all time highs and the Dow Jones jumping to finish up over 300 points for the session. Source: CNBC.com US Markets were given a boost by the Biden administration striking a tentative bipartisan $579 billion U.S. infrastructure deal with Republic...

June 25, 2021
Read More >
Week Ahead: Market turbulence continues on Fed’s hawkish pivot

Equity Markets US equity markets took a dive on Friday as turbulence in the markets continued after the US Federal Reserves hawkish pivot on Thursday. The Dow Jones shed over 500 points or -1.58% as investors mulled the fallout from the Feds policy shift. World equity markets followed the lead of the Wall st with significant drops seen across t...

June 21, 2021
Read More >
The Fed turns hawkish, US dollar surges

Equity Markets US markets were mixed on Thursday night as repositioning continued after the Feds hawkish statement earlier in the day. The NASDAQ closed within striking distance of all-time highs while the Dow posted a fourth straight session of losses. Source: CNBC.com Technology stocks rallied during the session as traders piled back i...

June 18, 2021
Read More >
Equities move sideways as US dollar bounces back on strong employment figures

Equity Markets US markets dipped on Thursday as investors pondered better-than-expected figures regarding the labour market, as well as a report that the Whitehouse is re-considering its proposal to increase the corporate tax rate. Source: CNBC.com Private job growth figures for May released by the ADP overnight came in at 978,000, a b...

June 4, 2021
Read More >
Week Ahead: Equities remain jittery as inflation fears remain, Crypto crashes

Equity Markets US equity markets are coming off a mixed week. The S&P 500 registered a second straight down week for the first time since February, while the Dow posted its fourth negative week in five. The NASDAQ gained 0.31% last week after a 4 week losing streak as dip buyers finally appeared to snap up beaten-down tech stocks. Analysts ...

May 24, 2021
Read More >
Week Ahead: Traders look to Fed as inflation fears resurface

Equity Markets US equity markets experienced considerable volatility last week as the Dow and S&P 500 both saw all-time highs but finished the week down -1.1% -1.4% respectively.  US CPI figures coming in much higher than expected had investors reassessing the Fed’s policy path given the unexpectedly high rise in inflation. Looking to...

May 17, 2021
Read More >
Equities rally as Central Banks take dovish tone

Equity Markets US markets had a broad rally last night with the Dow Jones again hitting all-time highs and the NASDAQ breaking its 5 day losing streak, with strong employment data and rising commodity prices giving investors optimism in the global recovery. Source: CNBC.com US reporting continued this week, with a mixed bag of results....

May 7, 2021
Read More >
Week Ahead: US employment and the RBA headline a full economic calendar

Equity Markets US Indices took a breather on Friday, easing off all-time highs that were hit during the week on strong tech earnings. US earnings in the week ahead see a less cluttered calendar with only a handful of big names reporting on Tuesday, Wednesday and Thursday. Source: Interactive Investor The Australian market will see thr...

May 3, 2021
Read More >
Week Ahead: Big tech reports and the Fed back in action

Equity Markets US stocks bounced back with a broad rally, the S&P 500 set an intra-session all-time high as investors returned to buy the dip after Thursday's tax increase inspired sell-off. Earnings on Friday included Schlumberger Limited (SLB.NYSE) who beat Q1 earnings expectations and gave positive forward guidance on growth for the seco...

April 26, 2021
Read More >
Bidens tax plan tanks Wall St, BOC’s hawkish surprise

Equity markets US markets dropped last night, reversing what was looking like a positive session to finish as the worst single session in the month of April across the major US indexes. Sparking the sell off was a report that the US administration was eyeing a proposal to increase the capital gains tax rate on wealthy individuals, almost doub...

April 23, 2021
Read More >
Week Ahead: US reporting season continues, Central banks meet

Equity Markets US stocks rose Friday, capping off a very strong week with the Dow, S&P 500 and NASDAQ all closing at record highs. Investors were focused on encouraging economic figures that indicate the global economy is recovering well and a strong start to US earnings season. Looking ahead for this week US reporting season continues...

April 19, 2021
Read More >
European and US markets hit all time highs, Bitcoin breaks out, the Dollar slides

Equity markets US stocks jumped overnight to reach record levels as stronger than expected print on retail sales and a sharp improvement in the number of new jobless claims cheered the investors. Source: Yahoo Finance US reporting season kicked off this week with impressive results so far from Finance heavyweights JP Morgan, Goldman, BOA and...

April 16, 2021
Read More >