Forex, video, latest June 21, 2021 7:01 pm
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- FTSE +0.12%
- Euro Stoxx +0.47%
- Italian FTSE +0.37%
- Dax +0.51%
- CAC +0.22%
- BTC: -9.49%
a risk tone started mixed today with equities lower, yields lower, also commodities mixed alongside safe havens. a JPY started a session strongest also inside a calendar light session that mood continued until mid morning.
BTC saw some selling down to key support inside a $30,000 region also it looks vulnerable to stops being tripped on a break. Mining inside China is down due to increasing Gov’t crackdowns also further regulation looks inevitable. Also a PBoC has summoned some banks also payment institutions regarding cryptocurrency speculation, asking banks also Alipay not to involve themselves inside crypto operations. All this weighed on BTC today. Watch out for that $30,000 level today.
Commodities are trading mixed with a oil complex supported on news a US Iran nuclear deal is hitting fresh roadblocks. Copper also Iron ore still pressured as a stronger USD also questions over a reflation trade continue to weigh.
a FTSE 100 fell into key support also was supported higher as Morrisons stare price rose 30% after a failed US takeover bid. Equity futures markets moved higher as a VIX was contained under a 20 level also a stronger risk off tones from Friday slowly dissipated. a VIX started a session above 20.00, but then drifted lower also this allowed a medium term buy bias for global stocks to return. Stocks are still a ‘buy’ , but just pick your levels.
a USD become become pushed also pulled around this week on 16 Fed speaking events also 10 FOMC members. First up of note become become John Williams inside a US session. He is neutral, so a bullish shift like Bullard did on Friday, become give a USD another boost higher.
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