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Blog
Crypto Commentary for the Week 30 July-3 August 2018
Bitcoin, the worlds more prominent digital currency, opened lower Friday and is poised for six consecutive daily losses, less than three weeks after it notched six successive winning sessions. After hovering above support at $7,500 for most of Thursday, bitcoin
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Market Commentary for the Week: 31 (30 July- 3 August 2018)
U.S. stocks closed higher Friday as July jobs data, although below expectations, still supported the belief that the economy is in an expansionary mode. Friday’s nonfarm payroll report came in below expectations as employers added 157,000 jobs in July, but
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Crypto Commentary for the Week 7-11 May 2018
On Friday reports on one of the largest cryptocurrency exchanges UPbit—South Korea’s largest crypto platform has rippled through the digital-currency market.The exchange has been accused of selling cryptocurrency it doesn’t hold. UPbit also confirmed the news of a police raid,
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Market Commentary for the Week: 19 (7- 11 May2018)
With few exceptions, major global equity markets posted solid gains this week. Constructive talks between the U.S. and China and the U.S. and North Korea provided a boost to broader market sentiment. U.S. stocks ended mostly higher Friday, with the Dow
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Crypto Commentary for the Week 30 April-4 May 2018
After a fruitful four weeks for digital currencies, the total value of all coins climbed 72% to $460 billion. The push for widespread adoption of cryptocurrencies got a boost Wednesday when U.S. investment bank Goldman Sachs Group announced it would be
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Market Commentary for the Week: 18 (30 April-4 May2018)
The major benchmarks ended mixed after a strong finish compensated for a poor start to the week. The investors were worried about the upcoming deadline for the extension of waivers on U.S. aluminum and steel tariffs, as well as the
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Crypto Commentary for the Week 23- 27 April 2018
Digital currencies traded higher Friday in New York, looking to erase losses from earlier in the week.The No. 1 virtual currency, bitcoin traded back above $9,000, consolidating above critical support between $8,500 and $9,000. Bitcoin futures finished the week on
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Market Commentary for the Week: 17 (23- 27 April 2018)
The major benchmarks were flat to modestly lower for the week as investors reacted to the heaviest flow of earnings reports of the season, 168 of the companies in the S&P 500 Index, representing 42% of its market capitalization, were
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Market Commentary for the Week: 16 (16- 20 April 2018)
Concerns over U.S.-Russian relations, coming talks on the Korean Peninsula, action in Syria and jitters over still-simmering trade conflicts have formed a cocktail of geopolitical worry. Economic data this week was mixed, but mostly pointed to renewed momentum, especially in
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Crypto Commentary for the Week 16- 20 April 2018
Digital assets roared higher Friday, pushing most major currencies to multiweek highs.
After two losing days to begin the week, bitcoin, was more than 5% off its Tuesday low and at its highest level since March 26. Futures also ended in
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Crypto Commentary for the Week 9- 13 April 2018
On Friday the digital currency bitcoin was up 2.5% to $8,112.96, pushing it to multiweek highs. Bitcoin surged to a two-week high on Thursday of $8,055.20, and finished that session up 11% at $7,705.21. Thursday’s action also marked the biggest intraday move
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Market Commentary for the Week: 15 (9- 13 April 2018)
Stocks recorded solid gains and reversed the previous week’s losses. Markets remained volatile, however, as investors appeared to remain focused on the turbulent political environment rather than the upcoming release of first-quarter corporate earnings reports.
U.S. large-cap stocks gained about 2%
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Crypto Commentary for the Week 2- 6 April 2018
Digital currencies traded lower Friday, unable to capitalize on solid gains earlier in the week. The slide in bitcoin, which makes up 45.2% of the total market cap of cryptocurrencies, has pushed the overall value of the market below $250 billion,
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Market Commentary for the Week: 14 (2- 6 April 2018)
Equity markets entered the second quarter of 2018 a bit skittish, having just posted the worst three months in over two years. Many markets in Europe and Asia were closed Easter Monday, and China and Hong Kong took a mid-week
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Crypto Commentary for the Week 26- 29 March 2018
The past week has been another tough one for cryptocurrencies, as all of the top 10 digital currencies by market cap posted overall losses. The cryptocurrency market slipped even further into recession this week. With a total market cap of
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Market Commentary for the Week: 13 (26- 29 March 2018)
This holiday-shortened week saw global equities claw back some of the losses incurred earlier, when fears escalated of a trade war between the United States and China. News of weekend talks between the U.S. and China, before Monday’s market opening,
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Crypto Commentary for the Week 19- 23 March 2018
Sitting at a $336bln market cap last Friday, the market dropped to $275bln by Sunday, only to steadily rebound for the rest of the week following the G20’s cryptocurrency-focused summit. On Friday it was at $324bln, a 3% loss from last Friday.
Prior
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Market Commentary for the Week: 12 (19- 23 March 2018)
Stocks suffered steep losses for the week against a remarkably turbulent geopolitical backdrop. Stocks were under pressure, as investors worried that the imposition of U.S. steel and aluminum tariffs could spill into a global trade war. Adding to global worries
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Crypto Commentary for the Week 12- 16 March 2018
From exactly a week ago, some $39 billion has been wiped off the market cap of cryptocurrencies, which stood at $325,416,080,764 on Friday. Crypto markets continue to slump in the wake of a week of mixed crypto news, ranging from
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Market Commentary for the Week: 11 (12- 16 March 2018)
Fears of heightened global trade tensions appeared to be the main factor weighing on sentiment early in the week. Investors continued to worry about retaliation following the previous week’s announcement of new U.S. tariffs on steel and aluminum imports. Markets
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Crypto Monthly Report February 2018
Looking at the bigger picture the entire market capacity for all crypto currencies on the first of February was around $510 billion. At the end of the month it has fallen by almost 9% to $465 billion. The big slump
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Monthly Report February 2018
Despite a favorable macroeconomic backdrop, global equity markets experienced a sharp pullback in early February and equity market volatility rose sharply. The market volatility seen in February demonstrates the sensitivity of investors to the prospects of a swifter pickup in
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Crypto Commentary for the Week 5- 9 March 2018
This has been a rough week for the cryptocurrency market, which was roiled by an attempted hack at top bitcoin exchange Binance and regulatory crackdowns in the United States and Japan. Prices rose strongly in the first half of the week,
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Market Commentary for the Week: 10 (5- 9 March 2018)
Stocks were up 3.5% on the week as markets rallied Thursday afternoon following President Trump's proclamation that steel and aluminum tariffs would exclude imports from Canada and Mexico, and markets continued rising on Friday following February's jobs report that showed
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Crypto Commentary for the Week 26 February- 2 March 2018
In February, SEC chairman Jay Clayton presaged that his agency would investigate the virtual currency market during his testimony before the Senate Banking Committee. On Wednesday, news broke that the SEC had subpoenaed more than a dozen technology companies and advisors involved in ICOs to learn
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Market Commentary for the Week: 9 (26 February- 2 March 2018)
Markets fell last week, closing out February to the downside, and marking the first monthly loss for the U.S. stock market since October 2016. Global equity markets fell after new U.S. Federal Reserve Chair Jerome Powell suggested the U.S. economic
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Market Commentary for the Week: 8 (19- 23 February 2018)
With a shortened trading week in several markets, equity markets traded slightly higher. Of interest this week were the Fed minutes from Janet Yellen’s last meeting as outgoing Fed chair. Within the release, Fed officials grew more positive on the U.S.
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Monthly Report January 2018
Widespread positive macroeconomic data continued to drive global equities firmly higher in January. The major equity markets continued their ascent, led by emerging Asia and the US. In January, US Treasury prices fell and the 10-year yield ended the month
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Market Commentary for the Week: 7 (12- 16 February 2018)
After the steepest selloff in two years began its reversal last week, most global stock markets followed through with gains every day this week. Although a faster-than-expected U.S. inflation reading threatened to derail the advance early Wednesday and lifted 10-year Treasury
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Market Commentary for the Week: 6 (5- 9 February 2018)
After Monday’s sharp decline in equity markets rattled investors’ confidence, stocks churned uneasily through the week, fading further after an initial bounce Tuesday. Corrections like this are natural and expected during any bull market. By any historical standard, equity markets
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