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 (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…
On Week 29, the S&P rose 0.5%, the Nasdaq gained 1.4%. Crypto market continued to rally boosted by a passage of the stable coin bill. Monday On Monday, stocks edged higher as investors balanced Trump’s new tariff threats against optimism over earnings and inflation data and additionally lifted by tech stocks like Meta and Netflix. Trump proposed…
SVET Markets Weekly Update – November 11–15, 2024 On Week 46, stock markets experienced declines, reversing earlier optimism as Powell indicated that strong economic growth permits a cautious approach to interest rate cuts. Core inflation remained steady, while small business optimism rose in October, buoyed by reduced uncertainty following the recent election. Nevertheless, challenges such…
SVET Markets Weekly Update – March 4th–8th, 2024 On Week 10, BTC reached 70K and ETH reached 4K. The Dow, S&P, and Nasdaq all hit new ATHs. Faced with unexpectedly high unemployment and easing inflation, gold rose to a record high of 2.2K, while the dollar fell by 1.4%. MondayOn Monday, stocks indices closed lower…
SVET Markets Weekly Update – February 19–23, 2024 On Week 8, Wall Street rallied on hopes for AI, with major world indexes following. Chinese markets were re-energized after the Lunar New Year break. Cocoa continued its unprecedented price rally. The crypto market was mostly flat, with BTC and ETH holding their two-year high levels. Monday…
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…
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 both posting modest gains. Defense stocks led the advance…
In his weekly column, investor and entrepreneur Svit Svitlo provides his overview and interpretation of the last week's significant macroeconomic events, and their impact on crypto markets in the near term. SVET Markets Weekly Update (March 16–22, 2026) On Week 12, stocks got in deep red followed by cryptomarket. On Monday, stocks jumped as easing Middle East…
SVET Markets Weekly Update (September 16–20, 2024) On Week 38, stocks posted gains after the Fed’s 50 basis point rate cut. Accordingly, gold prices surged, reaching a new ATH, buoyed by the Fed’s easing measures. In contrast, the Central Banks of China and Japan held rates steady. In the crypto market, BTC initially rose but…