WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 29
Friday U.S. jobless claims fell to 229,000, while GDP growth reached 3.3% in Q2 2025, exceeding forecasts due to consumer spending and AI investments. European markets declined as French inflation dropped to 0.9% and German inflation increased to 2.1%. China’s stock market recorded its largest monthly gain since September 2024. Thursday US GDP growth […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 22
Friday Federal Reserve Chair Jerome Powell signaled on Friday that a rate cut could come in September, noting that the outlook and shifting risks may justify a policy adjustment. In his remarks on the economy and the Fed’s policy framework, Powell emphasized that inflation risks remain tilted upward, pointing out that tariff-related pressures are now […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 15
Friday U.S. producer prices jumped 0.9% in July, tempering expectations for aggressive Federal Reserve rate cuts in September, though markets still price in a 90% chance of a 25-basis point reduction. Chinese markets advanced despite concerning economic indicators, with new data showing weakening retail sales and industrial output. Oil prices declined ahead of the Trump-Putin […]
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 […]
