Risk sentiment weakens as equities, commodities, and crypto sell off while yields and the dollar rise.
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
🔻 Bearish - Rising yields, higher volatility, and broad asset declines point to a risk-off tone.
🗓 Key Events:
All Day London / All Day New York - German Prelim CPI m/m - Early signal on eurozone inflation pressures
09:00 London / 04:00 New York - German Prelim GDP q/q - Snapshot of eurozone growth momentum
13:30 London / 08:30 New York - Canada GDP m/m - Key input for CAD and BoC outlook
13:30 London / 08:30 New York - US Core PPI m/m - Measures underlying inflation at the producer level
13:30 London / 08:30 New York - US PPI m/m - Tracks price pressures in the production pipeline
🌐 Market Moving News:
Stocks fall as Trump prepares to announce a new Fed chair pick
Gold plunges on bets of a more hawkish Fed leadership
Bitcoin slides to a two-month low as US funds cut exposure
Asset Snapshots:
🔴 S&P 500: Bearish - Index is lower with a clear negative daily move.
🟢 USD (DXY): Bullish - Dollar is higher, showing broad strength.
🔴 Gold: Bearish - Sharp decline after recent highs.
🔴 Oil: Bearish - Prices fall following a recent rally.
🔴 Bitcoin: Bearish - Strong selloff with notable downside momentum.
Non-US Indices:
⚪ Nikkei: Neutral - Index is flat to slightly higher with limited movement.
🔴 DAX: Bearish - German equities edge lower on the session.
🔴 HK50: Bearish - Index posts a clear decline.
Volatility S&P 500 Index (VIX): 16.87 - Volatility is rising, reflecting increased uncertainty and risk aversion.
Fed Watch (March 2026): Markets price a 86.6% chance of a hold at 350–375, with 13.4% expecting a cut.
Credit Markets: HYG is slightly lower while LQD is marginally higher, suggesting selective caution rather than broad credit stress.
Bond Curve: US 2Y, 5Y, and 10Y yields are higher, signaling firmer rate expectations and tighter financial conditions.
FX Flows: USD/CNH and EUR/USD are both higher, pointing to dollar strength alongside reduced 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
🔴 Nasdaq 100
Currencies:
🟢 USD
🔴 EUR
⚪ JPY
⚪ GBP
⚪ AUD
🔴 CAD
Commodities:
⚪ Gold
🔴 Oil
Crypto:
🔴 Bitcoin
🪙 Price Action Notes:
Rising yields are pressuring equities and long-duration assets.
Dollar strength coincides with weakness in commodities and crypto.
Volatility is picking up as markets react to policy uncertainty.
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.