SVET Markets Weekly Update – May 20–24, 2024On Week 21, the major event was the sudden approval of the ETH ETF, which is widely seen as a result of political pressure from the White House on Gary Gensler to attract votes from crypto holders for the DEM campaign. This exciting development underscores the growing strength…
SVET Markets Weekly Update – December 23–27, 2024 On Week 52, traders’ optimism was visibly shaken by a politically motivated Fed’s decision to significantly slow its pace of rate easing, undermining previously rosy outlooks for 2025. The Brazilian real further weakened against the dollar due to concerns over fiscal policy and rising inflation expectations. Meanwhile,…
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 – January 02–05, 2024 On Week 1, the Nasdaq and S&P closed 1.8% and 3.8% lower, respectively, while the Dow Jones was down 0.7%. Meanwhile, BTC initially rose sharply, breaking the 45K barrier, but later stumbled due to massive profit-taking, leading to a downturn in the entire crypto market, with some…
SVET Markets Weekly Update – December 26th–29th, 2023 On Week 52, the world’s markets corrected slightly on profit-taking. However, on a yearly basis, almost all major indexes globally recorded record gains, except in China, where the Shanghai Composite and Shenzhen Component declined by 3.7% and 13.5% YoY. The S&P 500 added 24.7%, the Dow gained…
SVET Markets Weekly Update – June 3rd–7th, 2024 On Week 16, markets were mixed as investors grappled with conflicting economic data, political events, and concerns about potential interest rate changes and economic slowdown. The week began with stocks declining marginally as lower-than-expected PMI data pointed to a manufacturing slowdown, raising fears of a weakening economy.…
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…
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 (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 — 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…