Markets Lift on Rate-Cut Hope While Volatility Slips
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
▲ Bullish. Risk assets climb as markets price a higher chance of a December Fed rate cut.
🗓 Key Events:
23:30 London / 18:30 New York - Tokyo Core CPI y/y - key read on Japan’s inflation path and BOJ policy pressure.
🌐 Market Moving News:
Fed’s Beige Book shows widening consumer split and cooling momentum.
Bitcoin tops $90K as options activity points to bullish sentiment shift.
Asset Snapshots:
🟢 S&P 500: Bullish - strong rebound as futures price in December easing.
🔴 USD (DXY): Bearish - softer on rising Fed cut expectations.
🟢 Gold: Bullish - supported by falling yields and weak dollar.
⚪ Oil: Neutral - mixed signals from Ukraine talks and OPEC+ expectations.
🟢 Bitcoin: Bullish - breaks above $91K with improving sentiment.
Volatility S&P 500 Index (VIX): 17.18 - falling, signaling improving risk appetite and reduced fear premium.
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:
USDJPY vulnerable if Tokyo CPI underperforms and BOJ rhetoric tightens.
Watching for continuation of S&P 500 strength after clearing key resistance.
Gold looks firm above recent support; dips likely to be bought.
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.