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Quick market overview (June 10 to June 14) – state: Neutral

Quick market overview (June 10 to June 14) – state: Neutral

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 the Pandemic Emergency Purchase Program (PEPP) by an average of 7.5 billion...

Quick market overview (June 3 to June 7) – state: Neutral

Quick market overview (June 3 to June 7) – state: Neutral

Market sentiment: Neutral 2 days Recap of the past week: Last week, market participants were eagerly awaiting the release of the PCE index on Friday, that has a potential to shift market sentiment indicator. Thursday's quarterly PCE data suggested that a significant drop was unlikely, and Friday confirmed this with a slight decrease (-0.1%) in...

Outlook for May 31, 2024

Outlook for May 31, 2024

We are approaching the key macro of the week - the month-on-month US PCE price index - an indicator that the Fed says is the main measure of inflation in the US economy. Market sentiment indicator state RiskOn from last week's run has moved into Neutral territory and in the absence of any major positive momentum the market has seen a 2.5% decline...

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Quick market overview (May 27 to May 31) – state: RiskOn

Quick market overview (May 27 to May 31) – state: RiskOn

Market sentiment: RiskOn - 27 days Recap of the past week: The past week was marked by a plethora of speeches from central bankers, the results from nVidia, and the FOMC meeting minutes - important market topic lately. The central bankers and FOMC leaned towards a hawkish stance, exerting significant pressure on the markets. However, the...

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Quick market overview (May 20 to May 24) – state: RiskOn

Quick market overview (May 20 to May 24) – state: RiskOn

Market sentiment: Neutral - 1 days Recap of the past week: This past week was all about waiting for the new U.S. CPI numbers. Before we received the CPI data, the market first encountered new PPI figures, which were quite disappointing. However, Jerome Powell came to the rescue in his speech, downplaying the PPI data and reiterating the Fed's...

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Outlook for May 15, 2024

Outlook for May 15, 2024

Long awaited US CPI day is here and we brace ourselves for the time 14:30 CET / 8:30 AM EST. The market digested yesterday's rebounced PPI readings with ease and seems to be in good mood for today's figures, market sentiment indicator is still in slightly positive...

Sentiment update for May 2, 2024

Sentiment update for May 2, 2024

It has been about 22 days since the long RiskOn market sentiment break. The market has switched to negative RiskOff sentiment that has been lacking balls (weak negative sentiment) since it started. We can conclude that the market has been pretty much digesting further...

Event of the week: FOMC meeting

Event of the week: FOMC meeting

Today we'll be witnessing the long-awaited and highly anticipated FOMC meeting. Fed Chair Jerome Powell faces a precarious balancing act in managing dovish and hawkish pressures. As we say at moodix, he must "satisfy the dove with the hawk at his neck". If you follow...

📢 Outlook for April 25, 2024

📢 Outlook for April 25, 2024

The negative market sentiment RiskOff has been in place for 15 days. Even the market's attempts to break out of the first half of the week, when market reactions in the style of "goodnewsisbadnews" (US PMIs and other macro data) took care of the slight improvement,...