Risk-On Returns as Trade Eases and Tech Leads the Charge
Today’s Market Insights: Tuesday, 21.10.2025
📈 Market Mood:
Bullish. Equities rally globally on hopes of a U.S.–China deal and strong tech earnings, with volatility retreating.
🗓 Today’s Key Events:
12:00 London / 07:00 New York - ECB President Lagarde Speaks - any tone shift on inflation or growth could move the euro.
13:30 London / 08:30 New York - Canada CPI (m/m, Median, Trimmed, Common) - key read on inflation trends and BoC policy outlook.
🌐 Market Moving News:
US stocks modestly higher as concerns over regional banks ease and tariff talks remain constructive.
Oil prices slip amid oversupply fears and weaker demand outlook.
Japan’s ruling coalition agreement updates market expectations for stable government and policy continuity.
Asset Snapshots:
🟢 S&P 500: Bullish – U.S. large-caps up ~1% on Monday; momentum improving.
⚪ USD (DXY): Neutral – dollar steadies as risk appetite improves.
🟢 Gold: Bullish – safe-haven demand remains as uncertainty lingers.
🔴 Oil: Bearish – slipping toward ~$57/bbl amid demand concerns.
🟢 Bitcoin: Bullish – rising with risk assets as sentiment improves.
Bias Meter:
▲ Bullish. Improved trade outlook and earnings momentum are fueling risk-on flows, though weaker oil and global growth remain headwinds.
Price Action Notes:
Monitor tech earnings for broader equity direction.
Watch S&P 500 break above its recent high for confirmation of upside continuation.
Volatility Watch (VIX)
18.24 - down 12.2%, showing fading fear and renewed market confidence.
What’s the one move you’re watching today?
Trade smart and enjoy the ride.
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.