Forex Market Overview All market | Alexander Boltyan 9 April 2025

26.05.2023 03:05

Weekly Summary: Debt Ceiling Deal is Nearing, while Risks Are Up

Debt ceiling negotiations continue to trouble investors. Although Republicans and Democrats have $70 billion in spending to discuss, it could be considered rather positive news compared to $4.5 trillion cuts demanded by the GOP side at the start of the talks. It may also mean that the deal is very close and may be announced over the weekend. This may sound like very good news, but investors still consider a technical default as a possible. U.S. Treasuries yield continue to rise. One month bond yield surged above 6.0%, which is the record for the last 20 years.

22.05.2023 12:05

Weekly Focus: Debt Ceiling Talks Crunch, FOMC Minutes, and Core Inflation

Alexander Boltyan

The unexpected debt ceiling talks crunch that started last Friday continue this week. For no apparent reasons both Democrats and Republicans accused each other of violating initial bargaining points towards unacceptable levels. Exactly how this is possible remains unknown. Although, this could have been the original plan, while both sides were playing a game of giveaway just to win some more time to get their hands on a real bargain, U.S. President Joe Biden and the House speaker Kevin McCarthy have to step in another meeting that is scheduled for Monday.

12.05.2023 03:05

Weekly Summary: Markets Unhappy Despite Inflation Slowdown

Alexander Boltyan

The U.S. Consumer Price Index (CPI) edged lower to 4.9% year-on-year, beating the expected 5.0%. The Producer Price Index (PPI) went even further down to 2.3% year-on-year from the previous 2.7%. Supposedly, that should be more than enough to push stock indexes up, as slowing down inflation confirms a possible end of the Federal Reserve’s (Fed) monetary tightening cycle. But the S&P 500 broad market index is mostly unchanged, close to 4140 points. There are several reasons for this, including debt ceiling debates deadlock and the still evolving banking sector troubles.

28.04.2023 02:04

Weekly Summary: Big Tech Saves S&P 500 from Stagflation

Alexander Boltyan

It could be worse. This could be the highlight of the week as the S&P 500 index fell slightly by 0.2% to 4118 points, while it was 2.0% down at 4053 points in the middle of the week. Commodities were also down with Brent crude prices losing 4.5% to $78.60, and copper prices sliding by 2.5% to $8530 per ton. Recession fears have exacerbated this week as GDP in the United States slowed down to 1.1% in the Q1 2023 compared to 2.6% in the previous quarter. Inflation numbers went sky-high as Personal Consumer Expenditure (PCE) Prices went up by 4.

24.04.2023 03:04

Weekly Focus: Big Tech and Regional Banks Reporting Amid Weakening Economy

Alexander Boltyan

As the Federal Reserve (Fed) will hold its meeting next week, meaning that markets cannot expect watchdog officials to deliver any comments before it. Meanwhile, a true burst of data and market related information is expected to hit the market this week. It may rock the market’s fragile equilibrium in either direction towards another rally of risky assets or to a major sell-off of these assets.

14.04.2023 02:04

Weekly Summary: Banking Sector Reporting Will Direct Markets

Alexander Boltyan

The week is ending in a mixed mood as the S&P 500 broad market index added 0.8% to reach 4148 points while the U.S. Dollar slid by 1.5%, which would usually sound a positive tune in the market community. However, gold and bitcoin prices are climbing with a substantial premium to the price of both assets amid a banking quake in the United States and a partial one in Europe. An improving sentiment may deflate this premium and bring gold and bitcoin prices down. Inflation figures this week are considered to be responsible for the stock market upside.

10.04.2023 03:04

Weekly Focus: Inflation in the U.S., FOMC Minutes, and Banking Sector Reporting

Alexander Boltyan

Suspense in the market is intensifying after the recent labour market report published on Friday showed no news about the cooling down of the American economy that could be converted into expectations of an upcoming U-turn in the monetary policy of the Federal Reserve (Fed), and a possible rally of risky assets. Quite the opposite as the unemployment level suddenly dropped to 3.5% in March from 3.6% in February. Non-Farm Payrolls numbers at 236,000 were almost in line with the forecast of 239,000.

31.03.2023 01:03

Weekly Summary: Rising Stocks May Stumble over Inflation

Alexander Boltyan

This week ends on a positive note as the S&P 500 broad market index went up by 2.0% to 4055 points, and is signaling a possible upside towards 4150-4250 points despite a bulk of economic troubles. Long positions in such an environment may be seen to be almost insane. The banking system is cracking, the increased issues concerning the U.S. Debt ceiling are not being resolved, while the American government has to pour out extra money to save the banking sector from falling apart. This week the Federal Reserve (Fed) continued to prepare markets for another interest rate hike.

27.03.2023 04:03

Weekly Focus: A Good Moment for the Markets to Tumble

Alexander Boltyan

Markets successfully survived the weekend, and all banks remained intact. Even battered Deutsche Bank has been seen to survive the information hassle around it. This might be good as such a cloudless atmosphere along with calming statements from officials about the strong resilience of the banking sector, are seen to stabilise stick markets. However, it may lead to a complacency of monetary regulators that would not take additional actions to mitigate any possible crisis outbursts. This may eventually lead to investors’ confusion and may result in the 2008-2009 crisis scenario.

17.03.2023 12:03

Weekly Summary: ECB Is Heading Towards a Downfall, Giving Way to the Fed

Alexander Boltyan

This trading week was extremely volatile with historic monetary policymakers’ decisions and a raging banking crisis. Still, the S&P 500 broad market index is ending the week on the positive side, up by 2.5% to 3970 points. The banking crisis is widening as First Republic Bank, the 14th by assets in the United States, and Credit Suisse, the second largest banking institution in Switzerland, joined the underdogs in the global banking sector. Both European and U.S.