Sep 22, 2024 | Market overview
Market sentiment: RiskOn – 6 days Recap of the past week: The past week was dominated by anticipation for the first rate cut from the Federal Reserve. The Fed did not disappoint and performed a cut. However, the unexpected element was the cut being 50 bps, which...
Sep 15, 2024 | Market overview
Market sentiment: RiskOff – 11 days Recap of the past week: The past week brought a noticeable improvement in market sentiment. Investors were bracing for another CPI decline, which would have fueled negative sentiment and the notion that the market was heading...
Sep 9, 2024 | Market overview
Market sentiment: RiskOff – 4 days Recap of the past week: The past week was marked by anticipation of new U.S. labor market data. Friday’s NFP results were not disastrous, but revisions, JOLTS, and ADP combined painted a slightly negative picture, confirming a...
Sep 1, 2024 | Market overview
Market sentiment: RiskOn – 17 days Recap of the past week: The past week was defined by anticipation for Nvidia’s earnings report. While the results were excellent, they fell short of igniting a more robust rally in the markets. As a result, trading...
Aug 25, 2024 | Market overview
Market sentiment: RiskOn – 12 days Recap of the past week: The past week was marked by significant events and encouraging numbers, with market sentiment indicator ultimately ending on a positive note. The highlight was Jerome Powell’s speech at the Jackson...