Cryptos: All News & Analysis

Mid-Market Update: Stocks lower as soft landing fantasy seems unlikely, Energy prices jump, Gold rallies, Bitcoin Hovers

US stocks declined as the harsh reality sets in that the Fed most likely won’t be able to navigate a soft landing as geopolitical risks will continue to keep upward pressures on prices and force the Fed into a difficult decision later this year. The Fed will either have to tighten policy so much that it sends the economy into a recession, or it will once again have to flip flop and prevent policy from becoming too restrictive. Wall Street's resilience for risky assets can't handle a flip-flopp

23-03-2022 12:48 GMT by Edward Moya

Investors undeterred

Stock markets are making decent gains on Tuesday, bouncing back quickly from the disappointment late Monday as Fed Chair Powell turned the hawkish dial up a notch. It didn't take long for investors to get over the latest disappointment as they prepared for interest rates rising to around 2% by the end of the year. That's an incredible aggressive tightening cycle and would mean at least one 50 basis point hike at a meeting, something we haven't seen in more than 20 years. Despite recession talk

22-03-2022 14:30 GMT by Craig Erlam

What Stagflation? Bullard being Bullard, bitcoin rallies

Equity traders are looking at surging global bond yields and are saying, “What, me worry?” The global bond market selloff is not easing at all and that should raise some red flags. Mad Magazine’s Alfred E. Neuman is what many stock traders are starting to look like when they buy every dip. Fed policy is about to become restrictive and commodity market tightness will still remain even if there is a quick resolution to the crisis in Ukraine.

22-03-2022 12:37 GMT by Edward Moya

US Close: Powell ready for super sized hikes, Inversion focus as bonds selloff, Boeing 737 plane crashed in Southern China, Oil rises as calls for EU to ban Russian energy grow, Gold sideways as yields surge, Bitcoin holds $41k

US stocks had an uninspiring start to the trading week after Fed Chair Powell delivered another round of hawkish comments and as commodity prices surged on growing expectations the EU could consider an oil embargo on Russia this week. The harsh reality of faster rate rises is setting in for some traders and that could eventually lead to a taper tantrum which might happen alongside stagflation. Monetary policy is still accommodative for now, but that could quickly change if the Fed delivers a c

21-03-2022 16:34 GMT by Edward Moya

Commodities and Cryptos: Oil choppy, Gold lower, Bitcoin steady

Oil Crude prices are consolidating as energy traders process the IEA’s 10-point plan to reduce oil consumption and await to see if any progress in peace talks between Ukraine and Russia can be made. Oil will remain a volatile trade in both directions, but the geopolitical risks don’t seem like they will be going away anytime soon, so $100 oil is likely here to stay.

18-03-2022 12:13 GMT by Edward Moya

Caution into the weekend

Investors are opting for caution at the end of another strong rebound week, with equity markets a little lower as we near the close. The rebound we've seen over the last couple of weeks has been nothing short of extraordinary. So much so that I don't think it's unfair to suggest we're seeing an unhealthy amount of complacency creeping into the markets. I'm not sure what exactly is more appealing about equity markets right now.

18-03-2022 10:07 GMT by Craig Erlam

Stocks maintaining post-Fed rally, bitcoin struggles

US stocks are still holding onto their post-Fed gains as investors await developments with Russia/Ukraine negotiations. There is too much short-term geopolitical and economic growth risk that the rally in stocks appears like it will be capped soon.

17-03-2022 15:34 GMT by Edward Moya

Premature optimism

Stock markets are edging lower on Thursday, paring back this week's gains as the Kremlin denies substantial progress in talks and the Fed begins its aggressive tightening cycle. As ever, we need to take commentary coming from the Kremlin with a pinch of salt, both good and bad, but the latest comments have come as a blow to the markets. We've seen cautious optimism building in the markets this week as the two sides appeared to be making progress, even if it was occurring against the backdrop of

17-03-2022 14:15 GMT by Craig Erlam

Fed React: Powell is finally ready to take on inflation, Retail Sales revisions, Oil lower, Gold tumbles, Bitcoin higher

US stocks went on a rollercoaster ride after a hawkish FOMC statement initially sent risky assets lower, but then turned positive after Fed Chair Powell tentatively convinced markets they will not be too late with fighting inflation. Much of today went as expected with the Fed raising rates by 25 basis points and addressing how the war in Ukraine is driving additional inflationary pressures. The Fed’s 2022 forecast for inflation was raised from 2.6% to 4.3%.

16-03-2022 15:49 GMT by Edward Moya

Equities buoyed by ceasefire talks

Equity markets are continuing to bounce back strongly on Wednesday, as talks between Ukraine and Russia appear to be nearing a conclusion that could put an end to the invasion. Given how the events have unfolded over the last month, I remain cautiously optimistic at best about a deal. Especially when you consider that Russian attacks on Ukraine are continuing during the negotiations.

16-03-2022 12:51 GMT by Craig Erlam

Stocks rally on oil plunge and soft PPI report, airlines surge,bitcoin trapped

US stocks are getting a boost from a trifecta of reasons: economic and political pressure grow for a Russian ceasefire, oil prices plunge, and after both a softer-than-expected PPI report and a disappointing Empire survey supports the idea that the Fed won’t have to be aggressive with tightening policy over the next few meetings. The S&P 500 index was getting dangerously close to the lows seen at the initial stock market selloff when Russia invaded Ukraine just over two weeks ago.

15-03-2022 13:24 GMT by Edward Moya

Cautiously optimistic

European equity markets have recovered most of their earlier losses but remain a little lower on the day. Stocks are coming off two positive sessions which probably contributed to the downside we saw earlier on despite there being no real negative developments in Ukraine. In fact, commodity prices have continued to decline today which could take the gale-force out of the coming headwinds for the global economy. This remains an incredibly headline-driven market which means investors will likely

15-03-2022 11:17 GMT by Craig Erlam

Risk rebound as talks continue

Stock markets are rallying again at the start of the week as investors continue to be encouraged by reports of progress in talks between Ukraine and Russia. While there has unfortunately been no de-escalation within Ukraine, there is hope that talks between the two sides could lead to a ceasefire. That may be premature, even misguided given how events have unfolded over the last few weeks.

14-03-2022 16:51 GMT by Craig Erlam

Stocks struggle to stabilize as markets focus on Russia-Ukraine talks, Musk still hodling cryptos

Investors eye Fed tightening US stocks are trying to stabilize as investors await Fed tightening and as optimism over diplomatic efforts to end the war in Ukraine fades. Financial markets are still expecting the US economy to be in decent shape even as the economic impact from widespread pricing pressures continue.

14-03-2022 14:32 GMT by Edward Moya

Market Insights Podcast (Episode 306)

Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead. This week we start with Asian equity markets. China markets and much of Asia are falling as Covid lockdowns expand, but US futures and others are rallying on Ukraine negotiation hopes.

14-03-2022 04:55 GMT by Jeffrey Halley

Market Insights Podcast (Episode 305)

Jonny Hart looks back on the week's business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to the latest inflation report, President Biden's executive order on cryptos, and recapped what happened with energy markets. They also discuss what the week ahead has in store for financial markets.

11-03-2022 12:08 GMT by Edward Moya

Commodities and Cryptos: Oil remains volatile, Gold tumbles, Bitcoin below $40k

Oil Crude prices tentatively turned negative after Russian President Putin saw “certain positive shifts” in talks with Ukraine. Oil will remain a volatile trade as the headlines regarding the war in Ukraine and Iran nuclear talks will keep traders on edge. Optimism for a Russia-Ukraine ceasefire is driving crude prices lower but that might not continue much until Russian ease up on their attack in Western Ukraine. Energy traders went into this week thinking Iran had a small chance there for a

11-03-2022 11:53 GMT by Edward Moya

Cause for optimism?

European equity markets are making decent gains on the final day of the week, buoyed by a suggestion that there has been progress in talks between Ukraine and Russia. We were already seeing stock markets making cautious gains in morning trade but they were given a boost by comments from Vladimir Putin. While I would love nothing more than to believe what he said to be true, I would caution that Putin has said a lot in recent weeks, almost all of which has been untrustworthy. With that in mind,

11-03-2022 09:16 GMT by Craig Erlam

Stocks sink as high-level talks disappoint, inflation at highest in 40 years, ECB to end QE sooner, bitcoin falls

US stocks declined after both high-level talks did not produce a stop in fighting and as investors worry that war in Ukraine could lead to higher inflation for much longer. Today’s inflation report showed widespread pricing pressures before the full impact of the global shock from the Russian invasion of Ukraine. Energy costs, soft commodities, and metals will continue to see upward pressure and that will start to be sticky as wages soften.

10-03-2022 16:16 GMT by Edward Moya

Swift risk-reversal

European markets have made significant losses again on Thursday, as risk appetite reversed following unsuccessful talks between Ukraine and Russia. There can't have been much expectation for anything more given the wide-ranging demands and ridiculous justifications we've seen from Russia for the invasion, or "special military operation". But I guess high-level talks are a small step in the right direction which has provided some hope. With the lack of progress and the continued assault on Ukra

10-03-2022 13:18 GMT by Craig Erlam

Cryptos: all news & analysis