Markets Hold Ground as Dollar Softens and Fed Cut Bets Build
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
▲ Bullish. Sentiment is supported by Fed rate-cut expectations.
🗓 Key Events:
13:30 London / 08:30 New York - Canada GDP m/m - matters for CAD volatility and North American growth signals.
🌐 Market Moving News:
Dollar on track for worst week in four months as soft data builds cut case.
China property concerns resurface after Vanke bond slump.
Asset Snapshots:
🟢 S&P 500: Bullish - holding November rebound with improving risk appetite.
🔴 USD (DXY): Bearish - trending down as markets price earlier Fed easing.
🟢 Gold: Bullish - supported by weaker USD and falling yields.
⚪ Oil: Neutral - slight bounce but still pressured by supply and OPEC+ uncertainty.
🟢 Bitcoin: Bullish - consolidating above 90K with improving sentiment.
Volatility S&P 500 Index (VIX): 17.22 - slightly higher but still near month lows, signalling a calm risk environment.
Macro Bias:
Shows overall bullish, bearish, or neutral trends across major markets based on key economic data. It reflects how indicators like GDP, inflation, employment, retail sales, and PMIs are performing. When data improves, the bias turns bullish; when it weakens, bearish; when mixed, neutral.
Indicies:
🟢 S&P 500: Bullish
🟢 Nasdaq 100: Bullish
Currencies:
🟢 USD: Bullish
🔴 EUR: Bearish
⚪ JPY: Neutral
🔴 GBP: Bearish
🟢 AUD: Bullish
🟢 CAD: Bullish
⚪ CHF: Neutral
Commodities:
⚪ Gold: Neutral
⚪ Oil: Neutral
Crypto:
🟢 Bitcoin: Bullish
🪙 Price Action Notes:
Watch S&P 500 above 6,800 for continuation strength.
Gold could push higher if DXY breaks below 99.50.
Disclaimer:
This newsletter is for information only and not financial advice. Markets carry risk, and past performance does not guarantee future results. Always do your own research or consult a qualified advisor before making investment decisions.