Market Rebounds on Earnings Strength, GDP Miss Raises Eyebrows

🔹 U.S. Wrap: Stocks reversed early losses to close mixed; Dow rallied +0.35%. Q1 GDP shrank -0.3%, the first contraction in three years. Core PCE held at +2.6% y/y, while personal spending rose +0.7%.

🔹 Earnings Pulse:
• Microsoft & Meta beat big, lifting tech sentiment after-hours
• Visa: Solid quarter, no signs of consumer slowdown
• Pending Home Sales: +6.1%, crushing estimates

🔹 Canada: GDP fell -0.2% in February. Markets watching how PM Carney reshapes U.S. ties after his call with Trump.

🔹 Crypto: Bitcoin steadied near $95K. ETF adoption by major Wall Street firms forecasted by year-end. Ethereum demand holds despite mixed futures sentiment. DOGE ETF filing gains traction.

📈 Markets Climb Again, Bitcoin Steady — Plus: After-Hours Earnings Recap

🔹 U.S. Markets: Stocks advanced across the board — Dow +0.75%, S&P 500 +0.58% (sixth straight gain), Nasdaq +0.55%. Gold fell to $3,313 on softened tariff fears. Dallas Fed Index plunged to -35.8, fueling concern ahead of key data (GDP, NFP, Fed decision).

🔹 Canada: No major data, but focus remains on PM Mark Carney’s trade stance post-election. CAD firmed slightly on cautious optimism.

🔹 Commodities: Crude dropped -2.63% to $60.42 as demand fears resurfaced. Silver traded near $33.30, supported by trade headlines. Gold weakened on lower safe-haven demand.

🔹 Global Markets: Europe mixed; Italy surged +1.09% on auto strength amid tariff hopes. China waived ethane tariffs, but stepped up anti-U.S. rhetoric. ECB rate cut chatter continues.

🔹 Crypto: Bitcoin held near $95K, market cap below $3T. Ethereum proposed a gas limit boost. Monero jumped +50% after a major privacy-linked transaction. Fear & Greed Index at 60.

📈 Markets Mixed, Gold Rises, Bitcoin Breaks $95K

🔹 U.S. Markets: Major indices closed mixed—Dow (+0.28%), S&P 500 (+0.06%), Nasdaq (-0.10%). Heavy earnings week ahead with Apple, Amazon, Meta, Microsoft reporting. Treasury borrowing projections surged to $514B.

🔹 Canada: Markets remained muted amid U.S. earnings focus. Trump stirred political rhetoric with “51st State” comments. CAD weakened slightly against the USD.

🔹 Commodities: Gold rallied to $3,338 on recession fears. Crude oil fell -1.54% to $62.05. European gas prices dropped to a nine-month low. Copper demand surged as Chinese inventories fell sharply.

🔹 Global Update: Eurozone sentiment softened; ECB policy in focus. China affirmed its 5% GDP growth target and pledged stimulus. Japan’s trade talks with the U.S. slowed amid tariff tensions.

🔹 Crypto: Bitcoin cleared $95K, pushing total crypto market cap above $3.1T. Crypto ETFs saw $3.4B inflows. Monero (XMR) spiked 15%, and XRP advanced 3% after SEC approval for futures ETFs.

📊 Wall Street rallied, Crypto Rallies, Fed Highlights Global Trade Risks

🔹 U.S. Markets: The NASDAQ led with a weekly gain of +6.73%, followed by the S&P 500 (+4.59%) and Dow (+2.48%). Tech stocks surged—Tesla, Palantir, and MicroStrategy saw major rebounds.

🔹 Canada: Retail sales came in flat, falling -0.4% in February, while ex-auto sales rose +0.5%. Rig count dropped by 6, with oil rigs leading the decline. Canadian equities mirrored U.S. optimism despite political and trade overhangs.

🔹 Commodities: Gold dipped under $3,300 to close at $3,294 on dollar strength and ongoing U.S.-China tariff tensions. Oil ended lower for the week at $63.02 amid OPEC+ uncertainty. Silver slipped toward $33, supported at $32.60.

🔹 Global Snapshot: European indices wrapped the week higher—Germany’s DAX gained +4.86%. UK retail sales beat estimates at +0.4%. In Asia, messaging misalignments on U.S.-China talks created market jitters. Tokyo CPI jumped to 3.4% y/y.

🔹 Crypto: Bitcoin surged to $95K, hitting a 60-day high as risk sentiment improved. SUI led altcoin gains, up +72% for the week. NFTs saw renewed attention with Pudgy Penguins spiking +47.5%.

📈 Tech Surge Lifts Markets, Bitcoin Consolidates, Gold Regains $3,300

🔹 U.S. Markets: Nasdaq (+2.74%) led the charge as S&P 500 and Dow cleared key technical levels. Alphabet and Intel reported earnings; Alphabet soared post-market, while Intel slipped on weak guidance.
🔹 Commodities: Gold jumped back above $3,300 on safe-haven demand, copper rallied on Peruvian supply risks, and oil edged higher but stayed range-bound.
🔹 Global Landscape: Europe gained on stronger German data and ECB cut hopes. Asia was mixed—China liberalized investment, South Korea’s GDP contracted, and Japan’s inflation persisted.
🔹 Crypto: Bitcoin hovered near $92.4K, while altcoins dipped. Trump Token surged +31.7% as traders pivoted back to risk. FBI reported $9.3B in crypto fraud losses for 2024.
🔹 Looking Ahead: Markets await clarity on U.S.-China trade talks, OPEC+ decisions, and Friday’s key inflation data.

📈 Markets Rally on Tariff Optimism & Fed Stability, Bitcoin Eyes $95K

🔹 U.S. Markets: Nasdaq (+2.5%) led gains as Powell’s reappointment calmed markets and tariff fears eased. New home sales hit a 10-month high, while the Beige Book signaled stagnation.
🔹 Commodities: Gold dropped below $3,300 as risk appetite returned. Oil fell to $62.27 amid OPEC+ output boost talk. Copper bounced, silver softened on reduced industrial demand forecasts.
🔹 Global Trends: Eurozone growth stalled, UK services slumped, and Asia’s PMI readings remained weak. Mexico’s 2025 GDP forecast slashed to 0%, and the IMF flagged global debt risks from tariffs.
🔹 Crypto: Market cap reclaimed $3T. Bitcoin hit $94.2K, while altcoins like SUI (+20%) and Ethereum (+3.5%) rallied. SEC charged PGI Global in a $198M crypto fraud case.
🔹 Looking Ahead: Traders watch for further tariff clarity, Fed speeches, and signs of global economic momentum or slowdown.

📉 Markets Stall, Gold Retreats from Record, Solana Soars on ETF News

🔹 U.S. Markets: Dow -1.3%, S&P 500 flat, Nasdaq slightly lower. UnitedHealth plunged 22%, housing starts fell, and Philly Fed Index crashed. Powell stays cautious, while Trump eyes a Fed shakeup.
🔹 Commodities: Gold hit $3,358 before retreating to ~$3,290. Oil remains rangebound near $63, while silver fell back to $32.50.
🔹 Europe & Asia: ECB cut rates 25bps unanimously; Lagarde signals rising downside risks. China hints at U.S. trade talks, Japan exports lag, and Korea held rates steady.
🔹 Crypto: Solana surged 7% after Canada launched the first spot SOL ETF. Bitcoin dominance rose to 59.1% as total crypto cap dropped 18.6% in Q1. Ripple held $2.00 on SEC case pause.
🔹 Looking Ahead: All eyes on Fed policy signals, U.S.-Japan trade talks, and further crypto regulation as markets recalibrate.