Big bond selloff hit equities, but not Bitcoin… for now | MarketTalk: What’s up today?

US equities lack a clear direction as the sovereign bond selloff intensifies across the globe, pressuring the yields higher, and the equity valuations lower. But, cryptocurrencies are on the rise, with meme coins gaining the most in the crypto space despite poor and volatile risk appetite. In FX, the EURUSD faces important resistance between 1.1480/1.1550 before we call it the end of the weak euro against the US dollar, the GPBUSD may not keep it above the 1.35 while the Turkish lira is stoic to the global FX moves, and sky-rocketing inflation in Turkey. In stock news, Peloton, due to announce earnings today, is in focus on rumours that it could be the acquisition target for Big Tech companies including Apple, Amazon and Disney. Why would anyone buy Peloton? Watch the full episode to find out more! 0:00 Intro 0:25 Market update: yields on the rise! 3:06 Approaching the end of the weak euro 4:15 FX thought bubble: GBP, TRY 5:24 Bitcoin & meme coins rise 7:01 Who will buy Peloton?

Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.

Swissquote Bank

– the Swiss leader in online banking
As a leading provider of online financial services, Swissquote offers innovative solutions and analysis tools to meet the wide range of demands and needs of its clients. The user-friendly platform also delivers forex, robo-advisory, leasing and mortgage solutions, as well as various online trading services. In addition to a low-cost service for private clients, Swissquote also offers specialized services for independent asset managers and corporate clients. Swissquote Bank AG is subject to the oversight of the Swiss Financial Market Supervisory Authority (FINMA), holds a banking license from the same authority, and is a member of the Swiss Bankers Association. The parent company, Swissquote Group Holding AG, is listed on SIX Swiss Exchange (symbol:SQN).