Cryptos: All News & Analysis

Stocks rebound on easing geopolitical tensions, PPI remains very hot, bitcoin rallies

US stocks rallied on optimism that it doesn’t seem like Russia will invade Ukraine this week and despite another hot PPI report, as many on Wall Street are still not convinced the Fed will be as aggressive as some are calling for this year. The bond market selloff resumed as risk appetite returned following an easing of geopolitical tensions with both the Ukraine situation and Iran nuclear talks.

15-02-2022 15:19 GMT by Edward Moya

A big step in the right direction

Risk appetite is much improved on Tuesday following reports that Russia is pulling back some troops, a significant de-escalation that makes the prospect of an invasion this week much less likely. The Kremlin maintains that it never intended to invade Ukraine and the return of some troops to their regular bases following military exercises is proceeding as was always planned. While risks remain elevated, this looks like a big step in the right direction, and investors, like everyone else, are br

15-02-2022 09:09 GMT by Craig Erlam

An ‘All Right’ rebound was quickly faded, cryptos get a Super Bowl win

Wall Street remain jittery over Ukraine crisis US stocks tentatively rebounded on optimism that the Ukraine-Russia crisis will avoid a war after the Russian Foreign Minister Lavrov said they will engage further diplomatically. Lavrov proposed to President Putin that Russia continue talks with the West and Putin answered, ‘all right’. The geopolitical risks still remain elevated as Russian troops remain at the Ukrainian border, but the risk of military conflict happening this week appears to ha

14-02-2022 15:18 GMT by Edward Moya

Another troubling start to the week

Ukraine jitters send markets tumbling Stock markets are getting pummelled on Monday, as investors prepare for a potential Russian invasion of Ukraine this week. Reports since Friday suggest an invasion has gone from being a risk to highly likely and the late sell-off in the US followed by today's plunge reflects that. Coming during a period of high anxiety in the markets and a cost-of-living crisis in many countries, the timing couldn't really be much worse. Europe now finds itself in a very

14-02-2022 12:10 GMT by Craig Erlam

Market Insights Podcast (Episode 293)

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 the latest inflation report, oil price volatility (recorded before Friday's reports that US expects Russia to invade Ukraine), and Bitcoin. They also discuss what the week ahead has in store for financial markets.

11-02-2022 14:59 GMT by Edward Moya

US Close: Wall Street rattled on reports US expects Russia to invade Ukraine next week. Yen, Oil, and Gold pop higher, while Stocks, yields, and Bitcoin drop

Wall Street has an inflation hangover as higher rates continue to drag tech stocks down. US stocks were trying to stabilize as yields came in. Yesterday’s inflation shocker has many bond traders believing the Fed is behind the curve and will be delivering several rate hikes. Many Fed members feel inflation will meaningfully decelerate later this year and that is why calls for seven rate hikes might be too aggressive. US stocks were supposed to have a period of calm this afternoon as Treasury

11-02-2022 14:54 GMT by Edward Moya

Ending the week in the red

Stock markets are ending the week in the red after investors were dealt another inflation blow on Thursday which dampened sentiment once more. We were just starting to see confidence building in the markets, with investors seemingly coming to terms with the prospect of four or five rate hikes this year. But the relentless and broad-based price rises in the US delivered yet another hammer blow and ruined any momentum that had been building into the report. We're now entering into quite uncomfor

11-02-2022 08:33 GMT by Craig Erlam

Inflation shock, Stocks pare losses as Wall Street eyes half point March Fed rate hike, bitcoin

A hot inflation release has Wall Street bracing for a half-point Fed rate hike in March, with a full percentage point of hikes by July. Everything got more expensive in January and fears remain that it will get worst.

10-02-2022 12:27 GMT by Edward Moya

Bitcoin - Brighter days ahead?

OANDA Senior Market Analyst Craig Erlam discusses bitcoin's resurgence and whether it can be maintained.

10-02-2022 12:26 GMT by Craig Erlam

Bond market selloff can’t continue until CPI data, stocks rebound on Bostic and as yields drop, bitcoin eases

US stocks are rising after both Fed’s Bostic assuaged investor fears of an overly aggressive Fed tightening cycle and as the global bond market selloff takes a break in anticipation of tomorrow’s inflation report. Fixed-income traders made it clear early that the 10-year Treasury yield would not break above the 2.00% level before Thursday’s inflation data.

09-02-2022 12:13 GMT by Edward Moya

Confidence building

Stock markets are making decent gains in Europe on Wednesday and US futures are also being led higher as confidence continues to build following a torrid start to the year. Investors' mood brightens It's hard to pinpoint exactly what has changed; whether it's earnings that are lifting the mood or the soothing tones of central bankers desperately trying to manage expectations. Perhaps it's simply a case of investors coming to terms with the tightening environment and feeling more comfortable wi

09-02-2022 08:34 GMT by Craig Erlam

Optimism ahead of Fed and inflation data

We're seeing further signs of stabilization in the markets on Tuesday, as the relatively peaceful start to the week continues. It's been a wild start to the year and it seems investors are embracing the less intense start to the week, probably with an eye on what's to come over the next couple of days. Recent weeks have brought so much anxiety to financial markets as yields have accelerated higher in anticipation of a series of rate hikes from central banks. The inflation data has continued to

08-02-2022 13:46 GMT by Craig Erlam

Stocks turn positive, NFIB all about inflation, Peloton's wild ride, bitcoin rally takes a break

US stocks initially edged lower as Treasury yields continue to climb higher and after a wrath of corporate headlines remind investors that their favorite COVID trades are over. When the world shut down, investors became big fans of Pfizer and Peloton shares, one company provided hope to protect the vulnerable and the other created a cult around home fitness.

08-02-2022 12:15 GMT by Edward Moya

US Close: Slow Start for Stocks, Lagarde pushes back, Oil rally pauses, Gold rallies, Bitcoin momo is back

US stocks will struggle for direction until the latest inflation tilts market’s expectations as to how aggressive the Fed will tighten into what is still deemed as an overvalued stock market. Wall Street saw early selling pressure for tech stocks as investors still digest a wrath of disappointing outlooks and surging borrowing costs. Technology stocks are no longer a one-way trade as investors cut losses and now focus on valuations, competition, and long-term outlooks. FX Financial markets are

07-02-2022 16:29 GMT by Edward Moya

A calm start to the week

It's been a relatively timid start to the week which is perhaps not overly surprising given the rather eventful period we've just experienced. Going into a new week, the dominant theme in the market is the same and will be for some time. The last couple of weeks has only elevated that as central banks have shifted into a higher gear and markets have continued to price in ever more tightening. In the case of the ECB, a handbrake turn on interest rates has certainly not gone unnoticed and everyo

07-02-2022 10:55 GMT by Craig Erlam

Commodities and Cryptos: Oil surges, Gold hovers around $1800, Bitcoin $40k ceiling may get tested

Oil Crude prices seem to have a one-way ticket to $100 oil. This week’s rally in crude was supported by the OPEC+ decision to stick to their gradual increase strategy and as US production fell again. An artic blast is also disrupting some production in Texas and that is driving this latest price surge. Initially crude prices pared gains after a shockingly strong NFP report sent yields and the dollar higher, but that was short-lived as energy traders realized that the key takeaway is that the

04-02-2022 11:09 GMT by Edward Moya

Downbeat ahead of NFP

It's been another downbeat session in financial markets, with even US tech stocks losing recovery momentum ahead of the open as focus switches to the January jobs report. While earnings season has overall been something to reflect positively on, there have been plenty of potholes along the way that has continued to stall any recovery in the stock market. What's more, it's coming at a time of considerable uncertainty about the outlook which is weighing heavily on sentiment. Tech stocks bounced

04-02-2022 08:37 GMT by Craig Erlam

Commodities and Cryptos: Nat Gas volatility, WTI crude tops $90, Gold pares losses, Bitcoin lower

The UK power regulator approved a 54% increase for prices starting on April 1st. This follows the 12% price jump households saw in October. UK energy companies can now pass along the rise in natural gas prices to consumers, which will punish 15 million that rely on floating rate pricing.

03-02-2022 15:47 GMT by Edward Moya

Stocks slide amid weak earnings and more tightening

European stock markets are coming under pressure on Thursday, with the moves being exacerbated by the realisation that rate hikes may come earlier and faster than thought. Equity markets were already under a little pressure today, as earnings from Meta and Spotify brought investors back down to earth with a bang. Results from Microsoft, Apple and Alphabet had been far more encouraging and it seemed that the worst could be over for big tech.

03-02-2022 11:23 GMT by Craig Erlam

Alphabet results sends tech stocks higher, ADP impacted by omicron, bitcoin wall at USD 40k

Investors are focusing on what has been a mostly positive earnings season, also shrugging off a negative private payroll report that was clearly impacted by the omicron variant spread in January. Google crushed earnings and that optimism has many traders feeling that the bottom is in for the mega-cap tech giants. Apple and Google have made Wall Street turn more optimistic about earnings season and that is largely because some of these tech giants are still delivering impressive results despite

02-02-2022 13:07 GMT by Edward Moya

Cryptos: all news & analysis