Jul 7, 2024 | Market overview
Market sentiment: RiskOn – 31 days Recap of the past week: Last week, influenced by US holidays and the start of the vacation season, market sentiment indicator continued on the wave of positive RiskOn sentiment, with the S&P 500 adding +1.5%. The market...
Jun 30, 2024 | Market overview
Market sentiment: RiskOn – 24 days Recap of the past week: The past week was primarily about waiting for Friday’s data releases. We received the PCE index (slight decline as expected), the Michigan Sentiment Index, and the Chicago PMI. The SP500 index...
Jun 23, 2024 | Market overview
Market sentiment: RiskOn – 17 days Recap of the past week: The past week did not bring any major updates with almost empty macro calendar. Central banks provided their updates on interest rates. The only surprise was perhaps Bank of England’s hawkish...
Jun 16, 2024 | Market overview
Market sentiment: RiskOn – 10 days Recap of the past week: The markets had been anticipating the update on the US CPI all the past week. In the end, it turned out very well, and we received very encouraging numbers. A considerable amount of euphoria hit the...
Jun 9, 2024 | Market overview
Market sentiment: Neutral 8 days Recap of the past week: The past week was marked by ECB rates and the US labor market. The ECB did not surprise and lowered rates by 0.25% as expected. The market was slightly surprised by the reduction in holdings of securities under...