XBTFX

XBTFX

The US jobs data posted during the previous week was the highest surprise for markets in the recent period. The US economy added 256K new jobs in December, which was much higher from market expectations. At the same time, the unemployment rate dropped to the level of 4.1%. Certainly, such developments are positive for the US, however, investors were not happy. A...

XBTFX

The price of gold for one more time missed its negative correlation with the US Dollar and moved toward the higher grounds. During the previous year such moves were strongly influenced by the geopolitical instability, however, as analysts are noting, this time it was induced by the uncertainty related to the new US Administration. Even the better than expected US...

XBTFX

The start of the year was not very pleasant for the US equity markets. The latest drop in the value of the major US indices was induced by adjusted expectations on the effects of “higher for longer” interest rates in the US. Namely, the US economy is standing relatively good with a still strong jobs market. The US added 256K jobs in December, which was strongly...

XBTFX

The major data posted during the previous week were related to the US jobs data. The surprisingly better than expected Non-farm Payrolls figures of 256K hit the market on Friday. The expectations were standing at the side of 200K. At the same time, the unemployment rate dropped to the level of 4,1%, from 4,2% posted during previous months. Average hourly earnings...

XBTFX

Markets were quite surprised by the latest strong US jobs data posted on Friday. It was interesting to watch the BTC chart during this period, because not only did traditional markets react in a negative manner, but also BTC had a strong drop toward the $93K levels. That is sort of confirmation that the BTC is officially part of the mainstream markets, and such...

XBTFX

Last week in the news Surprisingly good US jobs data pushed the markets toward the negative sentiment. It is not the case that investors were disappointed with good developments in the US economy, but they needed to correct their previous expectations on Fed's rate cuts. The US equity markets were mostly hit, where S&P 500 ended the week at the level of 5.827....

XBTFX

Investors continue to weigh the US economic outlook for the year 2025, and adjust their positions accordingly. Although there has not been significant US macro data released during the previous week, still, the ISM Manufacturing PMI report for December showed that the US manufacturing remained under pressure. Also, weekly jobs data missed the investors’...

XBTFX

The beginning of the new year brought some higher volatility of the US Dollar, while the price of gold followed market movements. The price of gold started the previous week from its lowest level at $2.6K and moved toward the level of $2.663, while it slipped on Friday, ending the week at $2.639. Analysts are noting that the price of gold is affected by the strong...

XBTFX

The sentiment from the last week of December, was holding on the market also in the first trading week of 2025. There were both days with a positive and negative sentiment. For the second week in a row, the market was trading in a negative mood during the week, ending with Friday's positive shift to the upside. The S&P 500 reached its lowest weekly level at 5.837,...

XBTFX

During the previous week markets were celebrating the New Year, with only a few days spent in trading. For this reason, investors would have to wait another week or two to get the latest currently significant data related mostly to inflation. Data posted for the US include the S&P Global manufacturing PMI final for December, which was standing at 49,4 a bit higher...

XBTFX

After a bumpy end of the previous year, BTC started the year 2025 with a positive sentiment, however, with lower trading volumes. This is usual for the first week of the year, considering that many investors took some time for the New Year`s celebrations. BTC was traded within a range of $92,3K up to $98,6K reached as of the weekend. It could be expected that the...

XBTFX

Last week in the news Markets used the first trading week in this year to slowly gear up for the coming period. The US equity markets had a copy-paste from the last week of December, where the week started in a negative sentiment, but Friday brought optimism. The S&P gained on Friday, ending the week at the level of 5.942. The US Dollar continues to gain in...

XBTFX

The largest surprise during the Holiday week on the Western markets was a sudden move of the 10Y US benchmark yields toward the higher grounds. The 10Y yields reached the level of 4,629% after weightening the Fed`s narrative from the last FOMC meeting. The market is now anticipating a more hawkish Fed's policy in 2025. The next FOMC meeting is scheduled for...

XBTFX

Previous Holiday week was relatively stable on financial markets, so the price of gold was moving within a relatively short range. The last reading week in a year is traditionally the calm one, so it could be expected that the price of gold will continue to move steadily till the end of this year. The price of gold started the week modestly below the $2,6K and...

XBTFX

The last trading week for the S&P 500 passed in an optimistic sentiment, however, Friday's trading session decreased some of weekly gains. The index started the week at the level of 5.837, moved to the highest weekly level at 6.044, but ended the week at 5.970. The levels above the 6K could not hold. Analysts are noting that the US equity market could not sustain...

XBTFX

Due to the Holiday season on the Western markets, there has not been too much important macro data posted during the previous week, while trading eurusd currency pair was relatively calm. Such low trading and low volatility is usual on the market till the first week of the New year. Durable Goods Orders in the US dropped by -1,1% in November on a monthly basis....

XBTFX

The Holiday season on the Western markets impact the lower trading volumes and lower volatility on the crypto market. This came as a short rest, after extremely volatile November and December. Regardless of a recent drop in value, still year 2024 was excellent for BTC and the crypto market, as the coin managed to reach additional milestones. The first BTC exchange...

XBTFX

Last week in the news The Holiday season on the Western markets made its impact on lower trading volumes and lower volatility for US Dollar, the price of gold and the crypto market. As for US equities, the previous week was influenced by shifts in US Treasury yields. The 10Y US benchmark yields reached the level of 4,629% after considering Feds narrative over the...