3 days agoSVET Markets Weekly Update (December 5, 2022)The second halve of the prior week (30 Nov to 2 Dec) market players were trading one news — Powell’s hinting on 50 points increase on the next FOMC meeting (Dec 13) — dismissing all other macroeconomic updates, including: ADP Employment Change (for November): increased 239K while forecasts put it…Bitcoin7 min readBitcoin7 min read
Published in Coinmonks·Nov 27SVET Markets Weekly Update (November 28, 2022)The previous week main macro-economic updates include: Durable Goods Orders (for October): increased 1% while analytics expected 0.4%; New Home Sales (Oct): 0.632M vs 0.58M; Initial Jobless Claims (week 47): 240K vs 228K Wednesday markets’ rebound after FOMC notes showed some members slight discontent with Powell’s line. It was added…Bitcoin7 min readBitcoin7 min read
Published in Coinmonks·Nov 20SVET Markets Weekly Update (November 21, 2022)This week was rich on macro updates but BTC kept steady (alongside with NASDAQ) as most of indicators didn’t come far from forecasts and none of those statistics (on the real estate market, mostly) is viewed by FOMC as important. Here how it went: PPI: actual increase is 0.2 percent…Bitcoin4 min readBitcoin4 min read
Published in Coinmonks·Nov 13SVET Markets Weekly Update (November 14, 2022)This week brought to us a long-awaited correction, sparkled by the FTX debacle. BTC, which was hold above 18th line for almost 5 months by corporate traders and whales, suddenly give in and went below 16th. …Ethereum6 min readEthereum6 min read
Published in Coinmonks·Nov 8SVET Markets Weekly Update (November 7, 2022)That is how the preceding week has been played on the markets: Bureau of Labor Statistics made Powel’s day at early Tuesday, Nov 1 by announcing that the number of job vacancies (JOLTs) went up to 10.72 million (by 437,000) in September (experts’ expectations put it on 10.0 million; in…Bitcoin5 min readBitcoin5 min read
Published in Coinmonks·Oct 30SVET Markets Weekly Update (October 31, 2022)The past week macroeconomic indicators updates were mostly on a positive side reinforcing markets participants negative sentiments. Notably, US GDP grew 2.6 percent (annualized) in Q3 2022 beating analytics prognosis (2.4). That can be mostly attributed to imports going down 6.9 percent, which was accompanied by the exports’ increase (14.4…Bitcoin6 min readBitcoin6 min read
Published in Coinmonks·Oct 23SVET Markets Weekly Update (October 24, 2022)This week’s notable macroeconomic updates include: New Home Sales for September at Wednesday; GDP Growth Rate for Q3 and Durable Goods Orders for September at Thursday; Personal Income and Spending Report for September at Friday. August 2022 saw a sharp increase in the number of new home sold. It jumped…Bitcoin3 min readBitcoin3 min read
Published in Coinmonks·Oct 10SVET Markets Weekly Update (October 10, 2022)As the previous week macro-data suggested we have had some notable negative shifts on the labor market front registering on govs radars, at last. The sudden (for mainstream analysts) rise in jobless claims (by 29000 to 219000) indicates that corps, faced by shrinking markets, increased energy costs as well as…Ethereum4 min readEthereum4 min read
Published in Coinmonks·Oct 3SVET Markets Weekly Update (October 3, 2022)Week 40 promises to be a busy one. From the number of newsworthy updates we can mention the following: Monday: ISM Manufacturing PMI for September; Tuesday: JOLTs Job Openings for August; Wednesday: Balance of Trade for August; Friday: Unemployment Rate for September. Purchasing managers are considered to be good enough…Bitcoin7 min readBitcoin7 min read
Published in Coinmonks·Sep 27SVET Markets Weekly Update (September 26, 2022)The week after FOMC meeting is usually not so exiting as the preceding one. We will see a couple of newsworthy lagging macroeconomic indicators updates coming from the Census Bureau (CB) at Tuesday — on Durable Goods Orders and New Home Sales both for August. …Bitcoin4 min readBitcoin4 min read
