1 Minute Market Rundown – 22nd June 2022 City Talk Powell in Focus Later TodayUK Inflation Prints as Expected But Still Very HighJPY Hits 24 Year Lows Risk did rally yesterday as suspected with the S&P posting a 2% gain over the day. Correspondingly, the USD sold off against both the EUR and GBP. Something to note is that the USD did not back off [...]
1 Minute Market Rundown – 20th June 2022 City Talk Volatility ReignsUS Bank Holiday May Quieten the Market for a DayCrypto Cracks but Bounces Happy Monday everyone and being a US bank holiday we may get some respite from the constant volatility we have been experiencing. The weekend did not allow us any chance to relax with BTC and ETH dropping through 20,000 and 1000 [...]
1 Minute Market Rundown – 17th June 2022 City Talk Volatility ReignsUSD Bruised But Beaten YetCrypto Holds….For Now Well yesterday was not a day for the faint hearted – again! The SNB and the BOE both raised rates, one surprising the market by its move and one sticking to the script. The BOE acknowledged that inflation is out of control and the market took this [...]
1 Minute Market Rundown – 13th June 2022 June 13, 2022 ETH Break Key SupportBTC Under Pressure There are days when I write this piece and hope I am wrong. Friday was one of those where sadly I was right and the world turned ugly. With risk already on the back foot Friday saw a huge CPI upside print and the rest is history. Global stocks [...]
1 Minute Market Rundown – 8th June 2022 June 8, 2022 Trade the ExtremesCrypto Needs to Bounce Soon A generally quiet and rangy day for the markets which taught us little new but served to demonstrate the themes continue. All eyes are focused on the US CPI on Friday and the ECB on Thursday for clues to the relative interest rate paths. There is a little [...]
1 Minute Market Rundown – 23rd May 2022 May 23, 2022 Trade the ExtremesGBP Squeeze Higher ContinuesS&P 500 Teeters on Verge of a Bear Market Markets that close 20% below its peak level are defined as being in a bear market. The S&P is 19% down from its peak but with the Nasdaq and Russell 2000 27% off its highs, feels safe to say we have [...]
1 Minute Market Rundown – 17th May 2022 May 17, 2022 Trade the ExtremesUSD Gives Up Some of its GainsCrypto Consolidates We highlighted in yesterday’s note that risk seemed a bit stretched and pondered whether we may be in for a rally. The question we are still trying to answer is if we have seen the low yet or not. Whilst we are still unsure, although [...]
1 Minute Market Rundown – 10th May 2022 May 10, 2022 Trade the ExtremesCrypto Under PressureUSD Hits New 2 Decade High Yesterday really was more of the same – another risk rout. Equities sold off, yields flew, gold lower – further deleveraging going through the markets. Overnight, we have seen dip buyers emerge helping to stop the rot…for now. There seemed to be only two things [...]
1 Minute Market Rundown – 5th May 2022 May 5, 2022 Powell Not as Hawkish as Market Priced In…But Not Dovish By Any MeansCrypto Bounces with Risk Assets So the highly anticipated FED meeting came and went and all things considered…we feel we are exactly where we were before the meeting minus a little bit of cleaner positioning in the market. If you will recall yesterday’s [...]
1 Minute Market Rundown – 27th April 2022 April 27, 2022 Risk Under PressureCrypto ConsolidatesUSD in DemandGoogle Disappoints To say things got ugly yesterday would be a bit of an understatement. Clearly, what goes lower, must go…lower. Stock indices closed the session sharply lower with the S&P taking out support at 4200. US stocks sank to the lowest levels seen in 6 weeks as hopes that [...]
