Meta (FB), USOIL (WTI), Peloton, Dogecoin Price And Shiba Inu Are Only Some Of Threads In The Latest MarketTalk

Swissquote MarketTalk: A Look At XAUUSD, Swiss Secrets, Tesla And More

Risk sentiment improves both in the European and the American stock markets since yesterday, thanks to the abating sovereign bond selloff. Financials and mining stocks took the lead, small caps outperformed their big cap peers, with Russell 2000 bouncing 1.63%, whereas gains in the major US indices remained between 0.85% and 1.30%. US crude slipped below the $90 per barrel although the weekly API data suggested a 2-million barrel decline in the US inventories versus the expectation of a 400’000 barrel build. JP Morgan says they have a magic indicator that says it's time to jump on the back of a bull, but CAUTION! Improved sentiment is put on the back of more optimism about reopening, meanwhile the hawkish Fed expectations and the rising yields continue being a serious threat to the actual gains, as the major triggers behind the latest bond selloff are still in play. This means that there is a high risk of a sudden mood swing before Thursday’s US inflation data. Elsewhere, Turkey’s finance minister said that inflation in Turkey rose for reasons that foreigners cannot understand, so as a Turkish citizen, let me explain why! Watch the full episode to find out more! 0:00 Intro 0:27 Market update 1:37 Citi analyst says ‘sell oil’ 2:39 Bitcoin, Dogecoin, Shiba Inu lose momentum 3:41 JPM’s magic indicator says’ buy now!’ 5:33 But UBS doesn’t say ‘Buy Meta’ 7:30 Why you can’t understand inflation in Turkey (JOKING!) 8:58 Peloton is no more for sale?

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 MarketTalk: A Look At XAUUSD, Swiss Secrets, Tesla And More

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).