SVET Markets Weekly Update May 27–31st, 2024On Week 22, stock markets ended slightly in the red as economic uncertainty and political developments dominated investor sentiment. The GDP growth was revised sharply down to 1.3%. Inflation remains above the Fed’s targets. Eurozone inflation unexpectedly accelerated, with major economies in the region continuing to decelerate. This combination…
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 9–15, 2026) On Week 11, stock went sharply down on oil spike while crypto market bounced back. On Monday, Stocks jumped…
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…
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 – 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 – September 2–6, 2024 On Week 36, global stocks took a hit, driven by concerns about a weakening labor market and a slump in the tech sector. Locally, job cuts increased significantly, while the unemployment rate remained steady. Crude oil prices plummeted to a thirteen-month low amid fears of a global…
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 – 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 — 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 (February 5–9, 2024) Summary: During Week 6, major stock indexes reached ATH with the S&P 500 marking 14 consecutive weeks of gains, a 50-year unprecedented record. Commodities, including oil, gold, and coffee, were on the rise due to the developing Middle East situation. Crypto markets rebounded with major alts leading the…