🇺🇸 USA
$SPX500 — Slight decline, the market is moving cautiously after Friday's crash, showing no clear upward momentum.
$DJ30 — Down slightly, industrial and cyclical stocks continue to be affected by recession fears.
💻 Tech Snapshot
$NVDA (+1.83%) — Under pressure, the tech sector is struggling to find support and continues to show weakness.
$QBTS (+6.31%) — Still correcting, the stock is giving up some of its recent gains.
$AVGO (+3.09%) — Down, the semiconductor sector is facing a phase of uncertainty.
$AMZN (+0.61%) — Marked decline, investors remain skeptical about business growth.
$META (+0.75%) — Down, the stock is moving in line with the general weakness of the sector.
$MSFT (+0.17%) — Downward pressure, the stock aligns with the negative sentiment in the tech market.
$SHOP (+0.66%) — Continues to decline, it has yet to find solid support after the recent crash.
🇪🇺 Europe
STOXX 600 — Decidedly negative opening, pessimism from the US and geopolitical tensions weigh on the index.
GER40 futures — Moves in significant contraction, investors are positioning themselves defensively.
🏦 European & Italian Banks
$$UCG (+1.25%) — Decisive drop, banks are still undergoing heavy selling.
$$ISP (-0.01%) — Moves into marked negative territory, the sector remains under pressure. $BAMI (-1.45%) , $CE (-0.89%) , $BPE (+0.04%) — Widespread selling on Italian mid-cap banks.
$BBVA.MC — Under strong pressure, international exposures amplify the fears.
🌏 Asia
$JPN225 — Down, sentiment remains negative and the Yen is strengthening.
$KOSPI — Registers a drop, the Korean tech sector is affected by the global risk-off mood.
$HK50 — Sharp decline, due to renewed tensions over US-China tariffs.
$BABA (+2.42%) — Further decline, reflecting ongoing uncertainties and the weakness of the sector.
$CHINA50 — Weak, balanced by limited government support.
💱 Forex
$EURUSD — Moves in slight contraction, the Dollar is strengthening as a safe haven. $GBPUSD — Weak, the market is assessing the economic slowdown.
$USDJPY — Stable, with investors maintaining caution.
$DXY — Solid recovery, reinforced by generalized risk-off.
🥇 Gold
$GLD (+1%) — In solid increase, gold confirms itself as the primary safe-haven asset during phases of strong market uncertainty.
🛢 Oil
$BRENT — Trending down, due to fears of weaker global demand resulting from recession.
$WTI — Losing ground, affected by the negative macroeconomic sentiment.
💰 Crypto
$BTC (-1.14%) — Slight pullback, following the risk-off in equity markets.
$ETH (-0.74%) — Following Bitcoin, showing a cautious tone in line with high-risk assets.
🔎 Deep Dive: Markets and Crypto (Yesterday - Today)
Markets continue to show clear risk aversion, with Friday's weakness consolidating at the start of this week. The initial hope for a technical bounce quickly faded.
Equity Markets: Although price levels have reached potential support zones, there has been no significant buying pressure. Investors remain on high alert for signs of an economic slowdown, US-China tariff tensions, and geopolitical risk. Selling is widespread and not limited to a single sector. High-growth tech stocks, which led the markets for most of the year, are among the hardest hit, suggesting a significant drop in confidence.
Crypto Market: The risk-off sentiment has continued to influence digital assets. Bitcoin and Ethereum have failed to find solid support and have aligned with the weakness of the equity market. Their inability to act as a safe haven during this phase of uncertainty confirms their strong correlation with broader market sentiment, particularly with the global liquidity flow. The continued strength of the Dollar (DXY) represents additional pressure, making non-USD assets less attractive.
PS: Volatility remains very high. Despite prices having fallen to potentially interesting levels, caution is mandatory. I will continue to monitor the situation, especially the reaction of gold (GLD) and the Dollar (DXY), before considering new entries.
⚠️ Disclaimer: Past performance is not indicative of future results. Investing involves risks, including the loss of capital.