Stocks slide as Oracle spoils mood despite easing yields
Today’s Market Mood, Key Events, Market Moving News.
📈 Market Mood:
🔻 Bearish – Equities retreat as weak tech earnings outweigh support from lower yields.
🗓 Key Events:
08:30 London / 03:30 New York – SNB Monetary Policy Assessment – Guides Swiss policy stance.
08:30 London / 03:30 New York – SNB Policy Rate – Confirms direction of Swiss monetary tightening/holding.
09:00 London / 04:00 New York – SNB Press Conference – Can shift CHF and European sentiment.
Tentative – BOE Gov Bailey Speaks – Influences GBP rate expectations.
10:00 London / 05:00 New York – BOE Gov Bailey Speaks – Reinforces monetary direction.
13:30 London / 08:30 New York – US Unemployment Claims – Important weekly measure of labor tightness.
🌐 Market Moving News:
Oracle disappointment pulls global stocks lower.
Dollar softens as dovish Fed tone encourages bears.
Gold edges lower while silver hits a record high.
Asset Snapshots:
🔴 S&P 500: Bearish – Down -0.87 percent as tech weakness weighs on sentiment.
⚪ USD (DXY): Neutral – Slight uptick (+0.07 percent) but overall soft tone.
⚪ Gold: Neutral – Small decline (-0.34 percent) despite weaker dollar.
🔴 Oil (WTI): Bearish – -0.88 percent, reflecting softer demand expectations.
🔴 Bitcoin: Bearish – -2.03 percent as risk appetite fades.
Volatility S&P 500 Index (VIX): 15.76 – Down nearly 7 percent, showing markets remain calm despite equity softness.
Fed Watch (Jan 2026): Markets price a 77.9% chance of a hold at 350–375, with 22.1% expecting a cut to 325–350.
Credit Markets: HYG and LQD both rise modestly, signaling stable credit conditions and slightly supporting risk sentiment.
Bond Curve: 2Y, 5Y, and 10Y yields all moved lower, suggesting easing rate expectations and a softer macro tone.
FX Flows: USD/CNH and EUR/USD both tick higher, indicating mildly reduced macro stress and steady 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: Bullish
🟢 Nasdaq 100: Bullish
Currencies:
🟢 USD: Bullish
⚪ EUR: Neutral
⚪ JPY: Neutral
⚪ GBP: Neutral
⚪ AUD: Neutral
⚪ CAD: Neutral
🔴 NZD: Bearish
Commodities:
⚪ Gold: Neutral
⚪ Oil: Neutral
Crypto:
⚪ Bitcoin: Neutral
🪙 Price Action Notes:
Tech-led weakness remains the dominant market driver.
Falling yields provide support but fail to lift sentiment.
Credit conditions stay firm, limiting deeper downside risk.
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.