Markets open 2026 upbeat as equities and precious metals extend early gains
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
▲ Bullish – equities and metals are higher at the start of the year despite rising yields.
🗓 Key Events:
No major scheduled economic releases today.
🌐 Market Moving News:
Stocks start 2026 on a positive note led by tech shares.
Precious metals extend gains after a strong 2025 rally.
Oil stabilizes after its deepest annual loss since 2020.
Asset Snapshots:
🟢 S&P 500: Bullish – index trades higher, extending the positive start to the year.
⚪ USD (DXY): Neutral – dollar is little changed after a sharp decline in 2025.
🟢 Gold: Bullish – prices rise as the new year opens with continued metal strength.
⚪ Oil: Neutral – crude edges up but remains weighed by last year’s losses.
⚪ Bitcoin: Neutral – price is slightly lower after recent strong gains.
Non-US Indices:
🟢 Nikkei: Bullish – Japanese equities rise alongside global risk sentiment.
🔴 DAX: Bearish – German equities lag with mild downside pressure.
🟢 HK50: Bullish – Hong Kong stocks jump on a strong start to the year.
Volatility S&P 500 Index (VIX): 14.94 – volatility rises but remains at relatively low levels, suggesting contained risk.
Fed Watch (Jan 2026): Markets price an 85.1% chance of hold at 350-375, with 14.9% expecting a cut.
Credit Markets: HYG and LQD both trade lower, signaling mild caution beneath the equity rebound.
Bond Curve: US 2Y, 5Y, and 10Y yields all move higher, pointing to firmer rate expectations and a cautious macro tone.
FX Flows: USD/CNH moves lower and EUR/USD is stable, suggesting limited global stress and steady risk appetite.
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.
Indices:
🟢 S&P 500: Bullish
🟢 Nasdaq 100: Bullish
Currencies:
🟢 USD: Bullish
🔴 EUR: Bearish
🔴 JPY: Bearish
⚪ GBP: Neutral
⚪ AUD: Neutral
🔴 CAD: Bearish
Commodities:
⚪ Gold: Neutral
⚪ Oil: Neutral
Crypto:
⚪ Bitcoin: Neutral
🪙 Price Action Notes:
Early-year equity strength favors selective risk exposure.
Rising yields remain a key factor to monitor for equity momentum.
Precious metals continue to attract flows after a strong prior year.
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.