XBTFX

XBTFX

Much of the tension collected for the last month has been relieved after the FOMC meeting. The Fed left interest rates unchanged, as was expected and also there were no surprises when it comes to the future course of inflation and potential Fed moves. However, Friday was a game changer, as the US President announced implementation of new import tariffs for goods...

XBTFX

The previous week was everything but boring on financial markets. The equities were shaken by Chinese AI company DeepSeek, the Fed kept interest rates unchanged, the new US President noted in a speech in Davos that interest rates should go down immediately, while at the end of the week, the US Administration imposed import tariffs to goods coming from Canada,...

XBTFX

It was a shaky week on the US equity markets, which included a lot of news. The week started with shocking news that a Chinese, a $6 million start-up company overtook the AI market with its program DeepSeek. As per news, the program was superior to the ChatGPT and swiftly took the first place at the Apple store in terms of downloads. No need to say that it was...

XBTFX

Previous week was full of macro data as well as Central bankers' decisions. Both Fed and ECB held their January meetings, making decisions on interest rates. The Fed held interest rates steady, while their European colleagues cut further interest rates by 25 bps. Both moves were expected by the market. As Fed Chair Powell noted in an after-the meeting address to...

XBTFX

News regarding a new Chinese app DeepSeek shocked not only the equity market, but there was also a reaction on the crypto market. BTC started Monday last week in a negative mood, dropping down to the levels below the $98K. When the market realized that BTC will not be hit with the new AI-tool, the price of BTC reverted to previous levels, reaching its weekly...

XBTFX

Last week in the news The week was full of macro news and some surprises in the AI field coming from China. Also the spooky word “tariffs” is back on the Presidential table in the US. Markets are ending this week with a mixed sentiment and concerns over a tariffs potential impact on the inflation and future Fed moves. The US equity market ended the Friday's...

XBTFX

The previous week was a bit mixed for US Treasuries. Certainly, the most important weekly event was related to the inauguration of the new-old US President. The market was closely watching which pre-election promise will take place in the coming period. For the moment, promised tariffs on imported goods are set aside, so fear of potential inflation was a bit...

XBTFX

During the previous week markets were focused on inauguration of the new-old US President and the steps which he will take in the future period. The most critical ones are related to potential US tariffs on imported goods, especially from China. As the US Dollar was weakening during the previous week, the price of gold headed toward its ATH levels. The highest...

XBTFX

The inauguration of the new-old US President was in the spotlight of markets during the previous week. As there were no changes with respect to the pre-election promises, the markets continued to react positively for the rest of the week, bringing the S&P 500 to a new historically highest level. The level of 6.122 is a new historical point. Friday's trading...

XBTFX

There has not been much of the currently important data posted during the previous week for the US. The S&P Global Composite PMI Flash for January reached the level of 52,4, which was a bit below market expectations of 55,3. At the same time, the S&P Global Manufacturing PMI flash for January was holding better from market expectations at the level of 50,1, while...

XBTFX

With the election of a new pro-crypto Administration in the US, there is a sentiment of a new dawn of the crypto industry in the US. The markets reacted in a positive manner, in expectation of the first steps of a newly inaugurated US President. As promised in a pre-election period, one of the first steps of a new President was an executive order for a creation of...

XBTFX

Last week in the news The US inflation is not as scary as investors previously thought. In this sense, they adjusted previous expectations and returned positive sentiment to financial markets. The US equity markets recovered from losses carried two weeks ago. The S&P 500 ended the week at the level of 5.996. The US Dollar continued to gain in strength, but due to...

XBTFX

The price of gold continued to move within a positive correlation with the US Dollar for the last two weeks. Regardless of US Dollar further gains during the previous week, the price of gold also took the path toward the higher grounds. The resistance line at $2,7K has been tested, while the price of gold is ending the week at the level of $2.702. The geopolitical...

XBTFX

During the previous period, the 10Y US Treasury yields were heading toward the 4,8% level, in a fear of potential higher inflation in the US supported by the strong jobs market. However, posted inflation figures during the previous week, showed that the inflation level in December was modestly below market estimate. This was a sign for the market that the Fed...

XBTFX

During the previous two weeks, the US equity market went through a short term correction, amid investors fears that the Fed might halt further cuts of interest rates during the course of this year, due to stronger than expected jobs market and potential surge in inflation in the US. The December inflation figures were posted during the previous week, which showed...

XBTFX

EURUSD: short term stop before the parity The US inflation data was in the market focus during the previous week. It was a missing puzzle for the current period, for the investors' sentiment in terms of the next Feds move. Inflation rate in December was standing at 0,4% for the month, in line with market expectations, same as inflation on a yearly level at 2,9%....

XBTFX

Previous two weeks were a bit shaky for the crypto market, as investors were anticipating a changed Fed's mood for interest rate cuts during the course of this year, due to strong jobs market and potential increase in inflation. Still, December figures showed that there is no need for such a fear, so the markets returned into the positive mood. The crypto market...

XBTFX

Last week in the news The US inflation is not as scary as investors previously thought. In this sense, they adjusted previous expectations and returned positive sentiment to financial markets. The US equity markets recovered from losses carried two weeks ago. The S&P 500 ended the week at the level of 5.996. The US Dollar continued to gain in strength, but due to...