Markets Under Pressure — This Is What I’m Watching Into the Weekend
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Financial markets have been under pressure over the past few days.
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For me, the biggest risk was never just the economic data.
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I’ve been warning about the approach of the weekend and the possibility that Middle East tensions could once again increase Risk-Off sentiment.
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Oil remains one of the key markets I’m watching.
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When crude moves sharply higher, we have recently seen more pressure across U.S. equities, Bitcoin, $ETH , and other risk assets.
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Crypto then received another shock from reports surrounding the Binance security incident, accelerating the sell-off and pushing $BTC and altcoins lower with stronger momentum.
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But this is exactly where I try not to chase headlines.
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⠀
Financial markets have been under pressure over the past few days.
⠀
For me, the biggest risk was never just the economic data.
⠀
I’ve been warning about the approach of the weekend and the possibility that Middle East tensions could once again increase Risk-Off sentiment.
⠀
Oil remains one of the key markets I’m watching.
⠀
When crude moves sharply higher, we have recently seen more pressure across U.S. equities, Bitcoin, $ETH , and other risk assets.
⠀
Crypto then received another shock from reports surrounding the Binance security incident, accelerating the sell-off and pushing $BTC and altcoins lower with stronger momentum.
⠀
But this is exactly where I try not to chase headlines.
⠀
