Risk rally returns as U.S. shutdown deal clears Senate
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
Bullish. Sentiment brightened after the U.S. Senate passed the shutdown funding bill, boosting equities, gold, and risk appetite.
🗓 Key Events:
07:00 London / 02:00 New York - UK Claimant Count Change + Average Earnings Index - job market still tight, key for BoE policy direction.
🌐 Market Moving News:
Gold and stocks surge as U.S. shutdown deal clears Senate, ending weeks of political deadlock.
Yen hits 9-month low as traders rotate into risk assets.
Gold climbs nearly 3%, biggest two-week gain as markets bet on Fed rate cuts.
Crypto firms pivot to fringe tokens amid rising volatility concerns.
Asset Snapshots:
🟢 S&P 500: Bullish - up 1.5%, snapping a two-week slide after the funding breakthrough.
⚪ USD (DXY): Neutral - holding near 99.7 despite weaker safe-haven demand.
🟢 Gold: Bullish - up nearly 3%, approaching a two-week high as rate-cut bets grow.
⚪ Oil: Neutral - steady after gains, supported by improved risk tone.
🟢 Bitcoin: Bullish - rebounding as crypto volatility stabilizes post-risk rally.
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): 17.60 (-7.76%) - volatility fell sharply as shutdown risk faded, signaling calmer risk conditions.
🪙 Price Action Notes:
S&P 500: Watch key support near 6850 for continuation of rally.
Gold: Eye $4,120 for continuation; holding above $4,050 keeps momentum alive.
DXY: A close below 99.6 could confirm renewed downside pressure on USD.
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.