WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 8
Friday The FTSE 100 rose while European markets showed mixed performance at the end of a hectic week dominated by central bank decisions, corporate earnings, and speculation over a possible pause in the Russia-Ukraine conflict, as Donald Trump prepares for a meeting with Vladimir Putin. Global markets reacted to U.S. trade policy shifts. Trump’s nomination […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 1
Friday Global markets declined sharply after US President Trump announced extensive new tariffs on trading partners, with rates ranging from 10% to 41%. The US dollar index reached a two-month high near 100 following the Federal Reserve’s decision to maintain current rates. European inflation stayed at the ECB’s 2% target in July, with core inflation […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JULY 25
Friday US markets hit record levels with the S&P 500 and Nasdaq reaching new highs, supported by strong corporate earnings and trade deal optimism. US futures moved higher. European markets saw moderate declines while awaiting US-EU trade agreements, and the ECB maintained current interest rates amid ongoing monitoring of trade and inflation. Asian markets broadly […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JULY 18
Price Action Bitcoin demonstrated significant upward momentum with a 2% gain to $120.3K, supported by strong bullish sentiment as evidenced by high funding rates and positioning above key moving averages, while maintaining stability despite $2.1M in liquidations. The cryptocurrency’s immediate outlook suggests potential for further gains above $122.8K if momentum continues, though caution remains warranted […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JUNE 6
Price Action Bitcoin plunged to $100,475 with $64.6M in liquidations before rebounding above the 30-day VWAP at $105,530, though derivatives show lingering bearish sentiment. It now trades between key support at the 50-day MA ($100,548) and resistance at the 20-day MA ($106,587). Ethereum fell from $2,590 to $2,399, triggering $42M in liquidations, but recovered to […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MAY 30
Price Action Bitcoin dropped from 107,400 to 105,500 but holds support at the 20-day MA (106,200), with high funding rates reflecting bullish sentiment. A break above 111,800 could open the path to 115,000, while a drop below 104,200 risks a deeper pullback. Ethereum slipped from 2,656 to 2,596, holding above the 20-day MA (2,560) amid […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MAY 23
Price Action: Bitcoin’s recent pullback from $112,000 to $108,400 occurred amid high funding rates of 100 basis points, with liquidations primarily affecting short positions totaling $687,000 out of $704,000 total. Technical indicators suggest strong support levels, with the 20-day SMA at $102,600 and the 30-day VWAP at $100,900. Ethereum traded between $2,626 and $2,678 with […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MAY 16
Price Action Bitcoin demonstrated positive price action with a climb from 102,400 to 103,700, briefly touching 104,200, accompanied by modest short liquidations of $1.7M and a slightly positive funding rate of 0.29 basis points. The overall market structure remains technically sound with BTC trading comfortably above all major moving averages. The cryptocurrency maintains strong support […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MAY 9
Price Update Bitcoin continued its strong upward momentum, rising from 99,400 to 103,000, backed by heightened bullish sentiment, elevated funding rates, and $2.7 million in liquidations. Technical indicators remain favorable, with upside targets at 104,000 and potentially the all-time high of 109,600, while 99,000 stands as key support. Ethereum surged from 1960 to 2340, driven […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MAY 2
Price Action Bitcoin is holding steady near $97,000, trading within a narrow range, though negative funding rates point to growing bearish sentiment in the derivatives market. Technical indicators remain mixed, with support anchored at key moving averages—leaving room for a potential move toward $108,300 if support holds, or a drop to $81,400 if it breaks. […]
