Market In Review 03/2023
Despite US earnings downward revisions, despite Bitcoin adding 21% this week, despite gold adding $54 or 3%, despite bonds coming off – everything is awesome!
Market In Review 02/2023
Bonds smashed, USD smashed, Oil smashed whilst stocks, gold, crypto spring higher. This all on the back of the first major news event for the year, the USA Non-Farm Payrolls
Market In Review 50/2022
The week ahead is pretty much the last for the year with next week being quiet and then the festive week being silent too. Today will be the last post from us for the year as well.
Market In Review 49/2022
Mixed US Employment results saw the good news equal bad for markets, but they then took a closer look and did not like what they saw, so the good news ended up being bad and VIX fell, stocks rose and US interest rates and Dollar fell.
Market In Review 47/2022
Stocks, bonds and currencies all had a quiet week, which is kinda nice after the crazy moves post CPI and FTX debacle.
Market In Review 46/2022
Well last week was fun! The fallout of FTX initially spread to stocks but then stocks looked past that and with the, slightly, weaker CPI print roared higher.
Market in Review 45/2022
A very busy week finished with the Aussie dollar posting its largest daily percentage move in 12 years, closing +3.07%.
Market in Review 44/2022
Last week was a pivotal week by my reading. A number of trends were broken, and it seems the market is pricing in the end of rate rises. They could well be wrong and the week ahead will also be pivotal with the FOMC meeting mid-week. Time will tell.
Market In Review 43/2022
After a week of choppy directionless trading the market took a lead from a WSJ article hinting that the Fed is close to finishing their rate rises. 75 basis points is locked in for the meeting next week, but after the article suggests the Fed will slow down. This is what the market has been waiting for and risk off took off.
Market In Review
What a show we had last week. UK shenanigans from both the BoE and 10 Downing St had Pound, Gilts and Footsie swinging wildly.
