SVET Markets Weekly Update – August 12–16, 2024 On Week 33, stocks surged, fueled by lower-than-expected producer inflation data and fewer unemployment benefit claims, easing recession worries while maintaining hopes for Fed rate cuts. Meanwhile, BTC and ETH stalled at $60K and $2.7K, respectively, despite the stock market’s upswing. In global markets, gold reached an…
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 – July 22–26, 2024 On Week 30, tech stocks plunged, dragging down major indexes as well as BTC (recovered) and ETH as disappointing earnings from tech giants dashed AI-fueled optimism. Alphabet, Tesla, and Visa led the decline, with concerns over spending, revenue, and economic conditions. Meanwhile, the SEC approved VanEck’s Ethereum…
SVET Markets Weekly Update – July 1st–5th, 2024 On Week 27, stocks reached new highs as unemployment rose to the highest in nearly three years. Meanwhile, BTC crashed below $54K due to prolonged selloffs by whales amid increasing geopolitical worries, particularly after a significant shift in the UK government where pro-crypto politicians lost their positions…
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 (March 2–8, 2026) Week 9 was all in green on both stocks and crypto markets. On Monday, stocks recovered from early dive with major indices ending near flat as investors weighed Middle East war risks for the economy. Iranian strikes lifted energy prices, while a surprise jump in the ISM manufacturing prices…
SVET Markets Weekly Update – August 5–9, 2024 On Week 32, stocks and crypto markets plummeted amid recession fears, with the Japanese indexes reaching 1987 lows. However, BTC staged a V-shaped recovery, climbing above 60K after a precipitous drop below 50K. Meanwhile, ETH remained suppressed at 2.5K. In global markets, the dollar and oil declined…
SVET Markets Weekly Update – September 9th –13th, 2024 On Week 37, stocks continued to rise, driven by strong performance in the tech and semiconductor sectors. Economic data, including inflation and the PPI, indicated signs of easing, bolstering expectations for a 50-point rate cut by the Fed. Internationally, gold reached a new ATH, and silver…
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 – January 20–24th, 2025 On Week 4, equities closed in the green, with the S&P reaching a new ATH. Meanwhile, joblessness climbed, and the decline in manufacturing was accompanied by a slowing service sector. The dollar fluctuated depending on Trump’s comments, finishing at a month low after his Davos call for…