Bank Shares Break Decade-Long Trendline🔴
On a technical basis, bank shares have broken the post Lehman trendline going back nearly 14 years, as the impact on higher rates on funding costs, loan demand, and also market-to-market portfolio losses appear to have entered a new phase. While overall investment sentiment might be oversold in the short-run, the longer term technical picture looks rather ominous, and remain negative in our view of risk assets in the near-term.
#HigherRates #LoanDemand #MarketLosses #InvestmentSentiment #RiskAssets

Risk Assets Rally, USD Index at a Turning Point👀
Friday saw a holiday session-like activity (volumes 50-75% of normal) as risk assets saw a strong close to the week with SPX regaining its 100d MA, long-term trendline and stochastics rebounding from over-sold levels. The USD index also appears to be putting in a local top while EM currencies look poised for a break-out. Risk sentiment remains buoyed across the board and the market shows little signs of weakness at the current juncture.
#RiskAssets #StochasticsRebound #EmergingMarketCurrencies #USDIndex #ElevatedRiskSentiment

Market Surges: CPI Eases More Than Expected🌍
A much softer than expected CPI stoked the fires to yesterday's rally, which saw the SPX rise by over 2% and bond yields lower by more than 20bp (!!) in the front-end, the largest daily move since the March banking crisis. Core CPI rose 0.23% MoM vs Street expectations of a 0.34% print, and 'whisper' expectations of even a 0.4% move. A sharper than expected slowdown in OER and shelter prices printed 0.4% MoM vs 0.6% expected, while the 'super-core' reading (core services ex shelter) dropped from to 0.37% MoM vs 0.57% prior. Furthermore, there were little caveats or doubts on the softness of the print, thereby helping to drive the risk move on-way higher all-session.
#MarketSurge #SPXGains #BondYieldsDrop #MonthOverMonthGrowth #RiskAssets

📊 Crypto Market Watch: Fed’s Aggressive Rate Cut in Focus

Analysts at 10x Research predict that a sharp 50 basis point rate cut by the Fed could hit the crypto market hard, reports CoinDesk. Why? Aggressive cuts often signal bigger underlying economic issues, which typically isn't great news for risk assets like crypto.

🔜 With the Fed meeting on September 18, the market is anxiously awaiting the outcome. Will this shake up the crypto world? Only time will tell!

#CryptoMarket #FedRateCut #BinanceUpdates #RiskAssets #TON

Stablecoin Surge: A Signal of Crypto Market Readiness? 🚀

The Aggregate Stablecoin Supply is nearing an all-time high of $160.4B, indicating a surge in crypto-native, dollar-denominated capital. While this capital hasn't yet flowed into risk assets, the growth reflects strong investor demand for stability in the volatile crypto market. 📈💰

Could this be the calm before the storm, or the start of a new trend towards safer haven assets in crypto? 🤔

#Stablecoin #CryptoMarket #InvestorDemand #RiskAssets #Write2Earn!

Stablecoin Surge: A Signal of Crypto Market Readiness? 🚀

The aggregate stablecoin supply is approaching an all-time high of $160.4B, indicating a growing pool of dollar-denominated capital in the crypto market. While this capital hasn’t flowed into risk assets yet, it highlights the rising investor demand for stability amid market volatility. 📈💰

💡 Could this be the calm before the next bull market, or a shift towards safer haven assets within crypto?

#Stablecoins #CryptoMarket #InvestorDemand #CapitalFlow #RiskAssets