Streetbeat News

Economic Data

FXA

The Australian Dollar (AUD) experienced significant downward pressure, trading below the 0.6300 level against the US Dollar. This decline is attributed to two key factors: disappointing Australian employment data and a strengthening US Dollar. Technical indicators are showing increasingly bearish signals, with price action breaking below critical moving averages.

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March 22, 2025 | 4:45 am

BABA

QQQ

US equity markets ended a four-week losing streak with modest gains, driven by the Federal Reserve's dovish stance signaling potential rate cuts. Global markets experienced varied performances, with challenges including Middle East tensions, trade uncertainties, and mixed economic data from China. The Nasdaq Composite and S&P 500 saw slight increases, while the Hang Seng Index and Chinese markets experienced losses.

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March 22, 2025 | 4:30 am

GSUS

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is a passively managed, mega-cap focused ETF that has delivered a 16.85% annualized return since inception. While it has beaten SPY due to lower expenses, it has lagged behind other similar ETFs like IVV, SPLG, and VOO. The ETF has slightly stronger growth characteristics but faces challenges with downside capture ratio, maximum drawdown, and risk-adjusted returns.

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March 22, 2025 | 4:00 am

BTCUSD

Bitcoin's open interest has dramatically dropped from $57 billion to $24.5 billion, indicating reduced market speculation and hedging. Despite hitting an all-time high of $109,000 in January, BTC is struggling to maintain momentum and break the $90,000 resistance level. On-chain data shows declining liquidity, reduced exchange inflows, and potential institutional accumulation.

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March 22, 2025 | 2:00 am

ETH

Ethereum is testing a key support level on the ETH/BTC pair, with mixed signals emerging. While futures open interest hit a record 10.23M ETH, network fees dropped 50% in 7 days, indicating reduced on-chain activity. Analysts are watching for potential trend reversal, but caution remains high.

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March 22, 2025 | 1:15 am

BTCUSD

Bitcoin is experiencing early signs of recovery after a significant price drop, with US Spot Bitcoin ETFs attracting $632 million in four consecutive trading sessions. Despite market volatility, institutional investors show continued confidence, with Bitcoin trading around $85,500 and seeking to reclaim key resistance levels at $88,000 and $90,000.

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March 22, 2025 | 12:45 am

LULU

NKE

The first Q1 earnings reports reveal a challenging landscape for companies. Out of 14 S&P 500 members reporting, 57.1% beat EPS estimates and 71.4% beat revenue estimates. Companies like Nike and FedEx are experiencing significant challenges, with earnings estimates being revised downward across most sectors. The tech sector, previously a growth driver, is also facing negative sentiment.

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March 22, 2025 | 12:30 am

BTCUSD

Bo Hines, a senior White House crypto advisor, suggests using potential gains from undervalued gold certificates to fund a Strategic Bitcoin Reserve (SBR) without burdening taxpayers. The proposal involves revaluing gold certificates from $42.22 to current market prices, potentially unlocking around $780 billion in dormant capital. A Data for Progress poll indicates 51% of voters disapprove of the SBR, making funding strategies crucial.

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March 22, 2025 | 12:15 am

KCSH

With rising recession risks and market volatility, the KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) offers investors a potential hedge through investment-grade corporate bonds with maturities up to one year. The ETF provides a 4.32% SEC yield and includes diversified holdings from companies like Microsoft, Manufacturers and Traders Trust, and Truist Financial Corp.

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March 21, 2025 | 11:30 pm

SPY

Financial experts are presenting mixed perspectives on potential tariff effects. Tom Lee from Fundstrat suggests a potentially positive scenario, while Kevin O'Leary believes tariff impacts will be short-lived. Some experts like Ariel's Bobrinskoy express caution about tariffs, highlighting historical risks.

Portfolio Pulse from

March 21, 2025 | 10:30 pm