WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – DECEMBER 19

Friday

  • Asian markets posted broad gains Friday, with the Shanghai Composite advancing 0.36% and Hong Kong’s Hang Seng climbing 0.75% for a third consecutive session. The Bank of Japan’s widely expected 25 basis point rate hike to 0.75% – the highest level since 1995 – caused Japanese bond yields to surge to 26-year peaks while the Nikkei rallied over 1%.
  • Oil prices faced downward pressure from potential supply gluts and peace deal prospects between Russia and Ukraine, with Brent crude struggling to maintain $60 per barrel levels. Gold prices edged lower but remained on track for weekly gains, trading near record highs.
  • Bank of America’s Bull & Bear Indicator triggered a contrarian sell signal after rising to 8.5, suggesting excessive bullish sentiment among fund managers that historically precedes market corrections.

 

 

 

 

Thursday

  • Bitcoin slipped back after mid-week gains, with broader crypto prices showing weakness and metals like gold and silver rallying by contrast.
  • Downside pressure in BTC and other assets continued, with analysts warning of further potential downside risk into early 2026.
  • Extended market selloffs triggered increased liquidation risk as traders adjusted positions near year-end

 

 

 

 

Wednesday

  • Bitcoin briefly rallied above $90,000 in early U.S. trading before price action cooled later in the session, reflecting volatile sentiment.
  • Price analysis showed BTC tumbling back toward the $87,000 area as small gains evaporated quickly, reinforcing weak market breadth.
  • Ongoing volatility pushed altcoins lower as Bitcoin’s movements set the tone for broader crypto price behavior. (inferred from market action context)

 

 

 

 

Tuesday

  • Bitcoin briefly bounced from Monday’s lows, but analysts noted a potential range between support ~85,000 and resistance near 95–100K.
  • Losses extended for major tokens including BTC, ETH and XRP as year-end caution built and traders pulled back ahead of key data.
  • BTC derivatives activity suggested a broad price range play, indicating mixed sentiment amid uncertainty and range-bound markets.

 

 

 

 

Monday

  • Stablecoin capitalization reached approximately $309B, marking new all-time levels as dollar-pegged tokens continue serving as core liquidity infrastructure in DeFi and trading markets. This growth underscores the role of stablecoins beyond trading — as foundational digital dollar liquidity.
  • Policymakers around the world are formalizing stablecoin compliance requirements, emphasizing reserve backing, redemption rights, and AML safeguards ahead of broader 2026 frameworks.
  • Major jurisdictions moved from enforcement-first to operational regulatory regimes, with the U.S. GENIUS Act and the EU’s MiCA creating clearer guidelines that benefit markets and institutional entry.