Market Analysis

We've Been Hearing A Lot About BTC Technicals In The Most Recent Rally - We Wanted To Share Some Broad Thoughts About How, In Our Opinion, These Indicators Differ In Crypto Versus Traditional Public Markets
U.S. Department of Agriculture’s Export Sales Report for the week ending Jan. 2 will be published at 8:30 a.m. EST on Friday, Jan. 10, instead of Thursday, Jan. 9, due to the weather-related closure of Washington, D.C.-area federal offices.
Oil and products had the risk premium sucked out after President Trump suggested that Iran will “stand down” after Iranian ballistic missiles struck Iraqi military bases that house U.S. military personnel.
The crude oil stocks build reported by the EIA was mildly bearish to price. But it was the news of the Iranian missile attack that really impacted prices.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Each afternoon Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.
Futures experienced big ranges as the situation in the Middle East escalated overnight. Huge ranges, especially in Reds & Greens with many contracts experiencing 18 tick swings.
In spite of continuing to be the world's largest crypto/fiat onramp, the BFX spread has become a mainstay in the space over the last 18-months.
Oil and gold went on a risk on/risk off the ride after Iran struck back at U.S. military bases. The initial reaction to the event, or as Iran called it “Operation Martyr General Soleimani”, was a fear-driven rally in gold and petroleum and a sharp down move in stocks. Fears that this attack could lead to the all-out war between Iran and the U.S. caused many to run for cover.
Iran launched more than a dozen ballistic missiles at two U.S-Iraqi airbases in retaliation for the killing of Soleimani. Fear and uncertainty immediately rattled through markets and the S&P lost 1.7% down to a low of 3181, tagging a critical level of support.