Relief rally cools, dollar drifts, VIX drops
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
Neutral-bullish. Risk sentiment steadied after the U.S. shutdown resolution, but traders await fresh macro cues.
🗓 Key Events:
No major data today. Focus shifts to post-shutdown data backlog, potentially later this week.
🌐 Market Moving News:
Dow closes at record high; S&P 500 and Nasdaq mixed as traders lock in profits.
Dollar weakens, yen and euro rebound on softer U.S. labor data and falling yields.
Asset Snapshots:
🟢 S&P 500: Bullish - extends mild gains after record Dow close; dip-buying remains active.
🔴 USD (DXY): Bearish - hovering below 99.6 as rate-cut expectations weigh.
🟢 Gold: Bullish - steady near $4,050 amid weaker dollar and falling yields.
⚪ Oil: Neutral - consolidating after two volatile weeks; supply news could shift direction.
🔴 Bitcoin: Bearish - recovering slightly after last week’s $340B crypto drawdown.
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): 17.29 - down 1.76%; volatility continues to ease as risk appetite normalizes post-shutdown.
🪙 Price Action Notes:
S&P 500 consolidating above 6,800; watch 6,860 for continuation.
DXY capped near 99.6; below 99.4 confirms renewed dollar softness.
Gold momentum remains intact above $4,030 support.
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.