Episodes
Oil and gold jumped on rising geopolitical tensions after Israel struck targets in western Iran as a response to last weekend’s attacks. Brent crude traded above the $90pb before easing, US crude shortly trade past the $86pb level, wheat futures jumped 2%, gold rebounded to a near-record level and Swiss franc gained. We will likely see a further flight to safety before the weekly closing bell on fear of further escalation of tensions during the weekend. In other hot commodity news, cocoa...
Published 04/19/24
We expected volatility before the halving, but is this normal? We'll dive into what's happening in the Bitcoin world just before the halving! 00:00 Intro 00:22 Preview 00:45 Bitcoin 05:54 Ethereum 08:44 Solana 09:28 Bitcoin-Halving Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and...
Published 04/18/24
The big story of yesterday was the disappointing results from the biggest European company, ASML, where sales missed estimates and new orders slumped by 60% compared to a quarter earlier. The results raised questions regarding the sustainability of demand from chipmakers and the AI rally. The S&P500 and Nasdaq extended losses. TSM and Netflix are due to reveal results today. Elsewhere, the US treasuries rebounded yesterday, and the dollar gave back gains as authorities around the world...
Published 04/18/24
Federal Reserve (Fed) President Jerome Powell said that the Fed may delay its first rate cut due to the lack of progress in cooling inflation following a rapid decline observed by the end of last year. The US yields rose and the dollar gained a further bullish support as the major peers in Europe insisted on the diverging inflation dynamics that would allow them to lower their interest rates regardless of how long the Fed remains on hold. Elsewhere, the barrel of US crude remains offered on...
Published 04/17/24
A stronger-than-expected retail sales data from the US cemented the idea that the US economy remains too strong for the Federal Reserve (Fed) to cut the rates in summer. Then, China posted a surprisingly stronger-than-expected GDP number this morning, showing that the Chinese economy grew 5.3% in the first quarter, comfortably higher than a 4.8% growth penciled in by analysts. But industrial production missed estimates, house prices continue to fall and consumer spending slowed significantly...
Published 04/16/24
Risk appetite is better this Monday morning than it was last Friday when the world was bracing for the Iranian retaliation on Israel. Iran fired more than 300 drones and missiles on Israel on Saturday night, but only a small number reached Israel, limiting damages. Oil is lower but base metals including copper, iron and aluminum surged after the US and the UK decided to impose sanctions on Russian supplies. In the FX, the US dollar strengthens on the back of a severe deterioration in Federal...
Published 04/15/24
New record numbers for active addresses on Polkadot, but is that enough to get Polkadot to new all time highs? 00:00 Intro 00:24 Preview 00:36 Bitcoin 03:43 Ethereum 05:49 Polkadot 06:58 Solana 09:03 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy:...
Published 04/11/24
Federal Reserve (Fed) Chair Jerome Powell reiterated yesterday that the Fed is not in a rush to cut rates but that it will cut sometime this year and that the recent jump in inflation didn’t ‘materially’ change their policy outlook. The latter was enough to send the market higher with joy. Stocks and bonds gained as the US dollar retreated sharply, leaving no room for the ECB doves to enjoy a softer than expected inflation data. Up next, investors will be watching the weekly jobless claims...
Published 04/04/24
Is the bullrun cut short this time or should you get prepared to buy in at these prices? 00:00 Intro 00:20 Preview 00:24 Bitcoin 04:57 Ethereum 06:57 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees:...
Published 04/03/24
Mood was down in Asia today as the strongest earthquake in Taiwan in 25 years led to halted operations in TSM and United Microelectronics. Elsewhere, Tesla led the EV makers south with disappointing Q1 deliveries while major stock and bond markets in Europe and the US were painted in the red yesterday as rising oil and commodity prices fueled inflation expectations and further strength in the US economic data boosted worries that the Federal Reserve (Fed) may not cut the interest rates as...
Published 04/03/24
The new quarter started on a hawkish note. TheS&P500 closed the first trading session of the new quarter in the negative after the ISM data unexpectedly jumped into the expansion zo ne in March, the prices accelerated faster than expected and Atlanta Fed’s GDPNow spiked to 2.8% from 2.3%. US US data suggests that the Federal Reserve (Fed) should be in no rush to cut the interest rates. The odds of a June rate cut fell to – and shortly - below 50% yesterday for the first time this year. As...
Published 04/02/24
The week starts very slowly as most Western markets are closed for Easter holiday. The US revealed the latest core PCE print on a Good Friday and the Federal Reserve (Fed) Chair Jerome Powell spoke after the data. The figures came in line with expectations, the data saw limited reaction due to the Easter break. The EURUSD kicks off the week under pressure. The yen bulls are nowhere to be found, but the Nikkei index is sharply sold after the Bank of Japan’s (BoJ) Tankan index fell in the Q1...
Published 04/01/24
The US printed a better-than-expected growth of 3.4% and Federal Reserve’s (Fed) Waller said that the recent economic data deserves delaying rate cuts and reducing the number of them, and that he wants to see ‘at least a couple of months of better inflation data’ before easing. But this is not what the majority of Fed members think. They think on the contrary that three rate cuts would be suitable for this year. As such, yesterday’s better-than-expected GDP pill went down the market’s throat...
Published 03/29/24
While Bitcoin is trying to come out of the price dump, Chainlink and Avalanche are announcing a partnership. 00:00 Intro 00:24 Preview 00:45 Bitcoin 03:08 Ethereum 05:42 Avalanche 07:36 Ripple 10:31 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy:...
Published 03/28/24
European stocks renewed record on Wednesday, the US dollar consolidated gains and the S&P500 stocks got a late-session boost. Yesterday’s price action pointed at a possible end-of-quarter portfolio rebalancing as the session saw the laggards of the quarter like Apple and Tesla gain, and the stars like Microsoft and Nvidia retreat. Moving forward, extension of stock rally and USD appreciation seem unlikely. One must give. The EURUSD holds ground near the 1.08 level – because the European...
Published 03/28/24
Yesterday was a strong day in terms of meme trading and speculation; Donald Trump’s Truth Social flew with its own wings for the first time yesterday and rose up to 60% under the ticker DJT before settling 16% higher at the end of the session, Reddit also saw some nice intraday volatility. Appetite for meme stocks and cryptocurrencies is back and that’s an important gauge for overall risk appetite. If all goes well, the S&P500 is set to print a fifth consecutive monthly gain – a thing...
Published 03/27/24
Nikkei index is mostly flat on Tuesday and the yen consolidates above 151 following yesterday’s threat from a Japanese official about a potential intervention to stop excessive bleeding in the yen. The dollar index gave back field yesterday and the S&P500 consolidated near ATH. Super Micro Computer jumped 7%, while Apple is offered near $170 per share despite chatter that the company could team up with the Chinese Baidu – the Chinese equivalent of Google that’s also active in AI, in hope...
Published 03/26/24
Last week’s BoJ meeting and the market reaction to the meeting was a complete disappointment for the yen bulls. Finally, authorities had to step in this Monday and warn against speculative moves. The yen is stronger this morning, the Nikkei is down by nearly 1%. The FX warnings could limit the seller’s appetite, but will unlikely bring the yen bulls back. Elsewhere, the equity futures are in the red and the dollar index is weaker this Monday morning. But dollar bears are unsure that the Fed...
Published 03/25/24
After an eventful correction, is the bullrun officially over? What about the Ethereum ETF? 00:00 Intro 00:24 Preview 00:40 Bitcoin 03:38 Ethereum & Solana 05:40 Polygon 06:44 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our...
Published 03/22/24
The Swiss cut the interest rate by 25bp to 1.5% yesterday, in a surprise move and became the first major central bank to cut rates. The move raised the expectation that the others will join ‘soon’. The Bank of England (BoE) also saw two BoE hawks abandoning their hike vote. Swiss and sterling fell against a broadly stronger US dollar following strong US data, but European and US stock indices traded at ATH levels. Reddit made a strong debut on the NYSE, the shares opened 38% higher, rose as...
Published 03/22/24
The Federal Reserve (Fed) left interest rates unchanged as planned, but Chair Jerome Powell repeated that the rate cuts will begin ‘sometime this year’ and that it would be appropriate to slow the pace of QT ‘fairly soon’. The decision was such a relief for the market; US bonds rallied, the dollar fell and the S&P500 traded at fresh record. In Europe, mood was much less cheery, as the 11% plunge of Kering, the owner of Gucci, raised questions regarding the health of the rest of the...
Published 03/21/24
Yesterday’s Bank of Japan (BoJ) decision to exit the negative rates went quite smoothly for equities and bonds, relatively disquieting for the yen. The USDJPY spiked past 151.50 this morning while the EURJPY hit a fresh high despite the dovish vibes from the European Central Bank (ECB) and a hawkish move from the BoJ. In the US, the Federal Reserve (Fed) will most probably keep the rates unchanged today, update its dot plot and maybe give a hint on whether they will start slowing QT. The...
Published 03/20/24
The Bank of Japan (BoJ) scrapped its negative rate policy, raised the rates from -0.10% to 0%, ditched its YCC policy and ended the purchases of ETF and Japanese real estate investment trusts. However, the bank said that it will continue to purchase sovereign bonds with ‘broadly the same amount’ and that the policy will remain accommodative for now. The latter caught traders attention more than the rest. The yields fell and the yen weakened. Elsewhere, the Reserve Bank of Australia (RBA)...
Published 03/19/24
A week packed with central bank decisions starts on a mixed note after hotter-than-expected US inflation sent the US 2-year yield around 25bp higher over the week and the 10-year yield spiked past the 4.30% mark. Stocks resisted to higher yields for the major part of the week, but the mood was not brilliant on Friday. The S&P500 fell from an ATH, as equity bulls also started feeling the heat of hawkish fears before this week’s FOMC meeting and stocks in Europe were also sold off before...
Published 03/18/24
Yesterday’s mix of economic data – which pointed at higher-than-expected inflation and lower-than-expected spending in the US – finally broke the Federal Reserve (Fed) doves’ and the equity bulls’ back for at least a day. US yields and the USD jumped, equities fell. All eyes are on next week’s FOMC meeting. The Fed will update its dot plot having seen a two-month jump in inflation, robust jobs data, a relatively strong GDP print and healthy earnings. There is a chance that we see the median...
Published 03/15/24