SVET Markets Weekly Update February 26 — March 1st, 2024 On Week 9, BTC almost reached its ATH, and the crypto markets rallied as stocks continued to outperform worldwide. This was driven by easing inflation and slowing economies, with traders betting on central banks implementing rate easing policies sooner this year. Monday The Dow, S&P…
SVET Markets Weekly Update (December 11–15, 2023) On Week 50, the FOMC kept interest rates at 5.5% and projected slower rate hikes, boosting the Nasdaq and other major stock indexes to new highs. However, Global PMIs revealed a strong services sector and weaker manufacturing. Meanwhile, BTC and ETH investors exhibited hesitancy, as prices formed either bearish…
SVET Markets Weekly Update – Jan 15th–19th 2024 On Week 3, the major stock indexes rallied, most reaching all-time highs, driven by the continued outperformance of the technology sector. Traders maintained optimism despite increasingly bearish comments from FOMC members, anticipating the expected Fed rate hikes. In contrast, EU markets slowed down due to hawkish remarks…
SVET Markets Weekly Update – July 15–19th, 2024 On Week 29, Powell highlighted easing inflation pressures and expressed a commitment to sustainable progress towards the 2% target, which contributed to the DJ hitting a new ATH. Meanwhile, the ECB held interest rates steady at 4.25% in July, as expected, noting that inflation is gradually cooling…
SVET Markets Weekly Update — April 1st – 5th 2024 On Week 14 jobs data fluctuated, leaving analysts bewildered. Meanwhile, Fed officials added to the confusion with their mixed messages on rate cuts. Globally, tensions between aging world leaders led to a downturn in commodities such as oil, gold, silver, zinc, and aluminum. Additionally, food…
SVET Markets Weekly Update – January 8th–12th 2024 On Week 2, On Wednesday, the SEC approved 11 Bitcoin spot ETFs, which was followed by BTC sell-off within the next two days and by ETH soaring to $2.7K on traders’ expectations of an SEC-approved spot Ethereum ETF. On the macroeconomic side, the inflation rate rose to…
SVET Markets Weekly Update – December 18th–22nd, 2023 On Week 51, the Nasdaq, along with other major stock indexes, extended its rally into an eighth consecutive week of remarkable growth, driven by traders’ expectations of multiple interest rate cuts by the Federal Reserve in 2024. Macroeconomic data revealed that the economy expanded by 4.9% annually in the third quarter, which…
SVET Markets Weekly Update – March 11th–15th 2024 During week 11 BTC turned red for the first time in two weeks, while main stock indices, except the Nasdaq, managed to close in green. This comes despite inflation rising unexpectedly to 3.2% and traders being jittery about the outcome of the FOMC’s meeting next week. On…
SVET Markets Weekly Update – Jan 29 — February 2, 2024 On Week 5, the Fed kept the rate unchanged at 5.5%, but hinted at no cuts in March. This didn’t stop the stock market from reaching ATH on all major indexes, with Meta showing a record 20% growth during one day. Simultaneously, manufacturing activity…
SVET Markets Weekly Update – September 1–5, 2025 On Week 36, the Nasdaq is up 1.2%, the Dow 0.2% and the S&P 0.7%. The crypto market went side-ways most of the week. MondayOn Monday, Americas markets were closed for a holiday. European markets edged higher to start September, with the STOXX 600 and Eurozone STOXX…