Sunset Market Commentary
Markets
Stock markets bounce higher into the new week. The likes of the EuroStoxx50 adds 1.5%, Wall Street between 0.9% and 1.1% with some...
USDJPY – Bulls Regain Traction on Improving Daily Studies / Weekly Bullish Engulfing
USDJPY rose on Monday, offsetting initial negative signal from Friday’s strong upside rejection (long upper shadow of Friday’s daily candle / potential bull-trap over...
The S&P 500 Is Holding Up Well
The rate rise did not spook the S&P 500.
A measured rate hike amid a strong economy creates a ‘Goldilocks’ scenario for shares.
The...
Bitcoin BTCUSD Surges Through Key Barriers and Hits the Highest Levels Since January
BTCUSD accelerated higher on Monday (up over 4% in Asia / early Europe), extending Friday’s sharp rally (up 6%).
Bulls took a breather for a...
The Euro Is Finding Its Footing
The Fed is not outpacing the ECB’s pace of rate hikes.
The return to the yen as the funding currency for carry trades...
Altcoins Drive the Rally as Bitcoin Plays Catch-Up
Market Overview
The crypto market capitalisation has risen to $2.8T, its highest level since the end of January this year. Although Friday’s rally was followed...
