Markets steady as shutdown optimism lifts risk mood
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
Mildly bullish - hopes of a U.S. government shutdown resolution improved sentiment, supporting equities and risk assets.
🗓 Key Events:
No major U.S. data - focus remains on shutdown talks and inflation expectations ahead of tomorrow’s U.S. CPI preview.
🌐 Market Moving News:
Shares rise on optimism over potential end to the U.S. government shutdown.
Dollar steady as growth worries ease on reopening hopes.
Oil gains on renewed optimism that U.S. operations will resume soon.
Japan’s stimulus plan pushes the BoJ to focus on growth support.
Asset Snapshots:
🟢 S&P 500: Bullish - up 0.1% as optimism over government talks offsets tech weakness.
⚪ USD (DXY): Neutral - trading near 99.6 as risk appetite limits safe-haven demand.
⚪ Gold: Neutral - steady near $4,000 as traders await clearer macro direction.
🟢 Oil: Bullish - rebounding on supply optimism and shutdown resolution hopes.
🟢 Bitcoin: Bullish - recovering toward $100K on broader risk-on sentiment.
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.
Indecies:
🟢 S&P 500: Bullish
🟢 Nasdaq 100: Bullish
Currencies:
🟢 USD: Bullish
⚪ EUR: Neutral
⚪ JPY: Neutral
⚪ GBP: Neutral
🟢 AUD: Bullish
🟢 CAD: Bullish
⚪ CHF: Neutral
Commodities:
⚪ Gold: Neutral
⚪ Oil: Neutral
Crypto:
🟢 Bitcoin: Bullish
Volatility S&P 500 Index (VIX): 19.08 (-2.1%) - volatility cooled slightly as shutdown optimism eased fear, though levels remain elevated versus October lows.
🪙 Price Action Notes:
DXY: Holding above 99.5 keeps neutral tone; breakdown below 99.3 turns bearish.
Gold: Sideways between $3,980 and $4,020; breakout direction tied to CPI expectations.
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.