Market Analysis

It’s now less about a taper announcement, because it’s certainly coming, and more about the pace the Fed tapers its $120 billion in monthly asset purchases.
The estimated crypto market cap surpassed USD 2 trillion this week, largely led by alt coins. BTC Dominance has fallen to 44%, the lowest the metric has been since early June. Here's a summary of key market metrics.
The U.S. Dollar strengthened alongside reports of downgraded China oil demand expectations from Goldman Sachs, which helped push prices lower.
U.S. benchmarks finished off their worst levels yesterday and found not-so-hawkish comments from Fed Chair Jerome Powell to be supportive.
Ethereum scaling protocol and framework Polygon has acquired fellow scaling tech provider Hermez Network. The deal will also involve a merge of the 2 networks’ native tokens.
Biden's failure in the fall of Afghanistan is raising anger, distrust, and sadness around the world. The president tried to blame everyone else, but at the end of the day, this was his decision and plan.
Despite a powerful finish, there was little follow through overnight and all 4 major U.S. benchmarks are lower at the onset of U.S. hours with the Russell 2000 leading.
Is inflation transitory? The debate is front and center. Data for July is expected to increase but at a slower pace than the last three months.
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.
Federal Reserve wants to be able to taper assets, but the reemergence of another Covid wave has buoyed markets, specifically Tech, as it may elongate the Fed’s path.