Archivio · 2026-08-09

Dove i mercati stavano tendendo 2026-08-09

La lettura netta che abbiamo pubblicato quel giorno, conservata come registro datato. Per vedere dove i mercati stanno tendendo ora, consulta la previsione odierna.

Rates Bonds

The gist: The market for rates and bonds is leaning lower, driven primarily by a significant deceleration in the US labor market. While inflation expectations remain a factor, the unexpected contraction in US non-farm payrolls and private sector employment has reduced expectations for near-term Federal Reserve rate hikes, putting downward pressure on US Treasury yields.

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Aggiornato 2026-08-09 17:44 UTC · iscriviti per la lettura netta completa + i mercati che segui

Global Macro

The gist: The global macro outlook is characterized by a tug-of-war between cooling US labor markets and resurfacing inflation risks driven by energy volatility. While US monetary policy expectations are leaning lower due to weak payroll data, global inflation expectations are leaning higher as Brent crude crosses $100 and maritime security disruptions persist.

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Aggiornato 2026-08-09 17:16 UTC · iscriviti per la lettura netta completa + i mercati che segui

Us Equities

The gist: US equities are displaying a tug-of-war between momentum in specialized technology and energy infrastructure versus caution surrounding inflation and earnings. While cooling labor data and robust semiconductor/AI-related demand are leaning the market higher, recent insider selling in the payments sector and anticipation of upcoming inflation indicators are creating sideways or leaning-lower pressure.

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Aggiornato 2026-08-09 17:16 UTC · iscriviti per la lettura netta completa + i mercati che segui

Emerging Markets

The gist: The emerging markets outlook is mixed, with a tension between strengthening industrial/tech sectors and weakening macroeconomic/geopolitical stability. While momentum leans higher for Indian equities, Chinese green technology, and intra-emerging market trade shifts, this is countered by downward pressure from China's cooling inflation data and heightened geopolitical instability in the East Asian and…

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Aggiornato 2026-08-09 16:23 UTC · iscriviti per la lettura netta completa + i mercati che segui

Crypto

The gist: The crypto market direction is conflicted, with a lean toward lower sentiment overall due to institutional unwinding, fraud concerns, and regulatory sanctions. While cooling U.S. labor data and significant institutional flows into Ethereum spot ETFs and specific high-volume assets provide upward pressure, these are being countered by the termination of major corporate crypto agreements and increased…

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Aggiornato 2026-08-09 14:43 UTC · iscriviti per la lettura netta completa + i mercati che segui

Energy

The gist: The energy market direction is leaning higher, driven by robust growth in private energy trading, space-related revenue, and projected long-term export expansions in emerging markets. While disruptions to Russian refining capacity and solar supply chains present downward pressure, the overall balance leans positive due to strong performance in specialized energy technologies and high-scale trading profits.

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Aggiornato 2026-08-09 14:22 UTC · iscriviti per la lettura netta completa + i mercati che segui

Commodities

The gist: The commodities market is leaning higher, driven primarily by strength in precious metals following a weak U.S. jobs report. While emerging market export volumes show upward momentum, the outlook for agricultural commodities remains fragile due to declining global pork prices and labor market shifts. Watch: - Gold price levels following a seven-week high and a weekly increase of 2.39%.

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Aggiornato 2026-08-09 13:14 UTC · iscriviti per la lettura netta completa + i mercati che segui

Fx

The gist: The FX market shows divergent trends, with the Japanese Yen facing significant downward pressure despite recent intervention efforts. While the Yen's weakness is driving interest in Japanese real estate, the overall direction for the Yen remains a primary driver of volatility in the region.

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Aggiornato 2026-08-09 12:22 UTC · iscriviti per la lettura netta completa + i mercati che segui

Eu Equities

The gist: The outlook for EU equities is conflicted, with momentum leaning lower due to geopolitical volatility and energy supply fragility, even as specific indices like the CAC 40 reach record highs. While energy concerns are rising due to Middle East conflicts and drought-related river levels, upward momentum in some sectors is being supported by US labor market data showing a contraction of 23,000 jobs.

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Aggiornato 2026-08-09 12:04 UTC · iscriviti per la lettura netta completa + i mercati che segui

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