UMich February consumer sentiment 57.3 vs 55.0 expectedCanada January employment report -24.8K vs +7.0K expectedJensen Huang: This is a once-in-a-generation infrastructure build outFed’s Jefferson says jobs market is stabilizing and inflation should moderateFed’s Daly: Must watch both sides of mandate, situation feels precariousFed’s Daly says she leans towards more cuts in 2026BoE’s Pill: There’s a risk that we draw too much comfort from dip in inflationUS-Iran talks over “for now”Markets:S&P 500 up 2.0%Russell 2000 up 3.8%US 10-year yields flat at 4.20%WTI crude up 19-cents to $63.48Gold up $183 to $4953Bitcoin up $6850 to $69,957AUD leads, JPY lagsWhat a week.There was no whimper at the end of it either as Friday’s trading was hugely volatile but the relief that nearly all the price action was risk positive. US equities posted a huge rebound and bitcoin nearly recouped Thursday’s gigantic loss as it rose 11.5%. Gold and silver also joined in the rebound.There wasn’t a particular catalyst, though the market did appear to like what Jensen Huang said on TV. The main driver (I think) was a re-think on software and how likely and how quickly it will be disrupted by AI. The market also seems to be able to look past megacap capex now that we’re through earnings. Amazon finished down 5.6% but that was a recovery from a more than 10% loss earlier. It also finished just above $210, which had previously been a big support level.In FX, the Australian dollar rose for the third week in a row and rallied nearly a full figure. The fallout from this week’s rate cut is paying dividends as international investments and mining continue to shine. The market is looking for an island of stability and seems to have found it in the south pacific. The dollar was generally lower and that aided a relief rally in the euro and sterling. The yen continued to lag though ahead of this weekend’s critical election. Watch for volatility at the open next week.For the oil market, the Iran-US meeting seemed to leave the big issues unresolved but there appears to be a likelihood of further meetings so we punt for now. Oil didn’t selloff though, in part because of a WSJ report saying that Iran refused to give up uranium enrichment or move it out of the country.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
Consumer sentiment is up, but job reports are mixed—here’s what that means for ADA. The University of Michigan’s consumer sentiment index came in at 57.3, beating expectations, which could signal a more optimistic outlook for spending. However, Canada’s employment report shows a loss of 24.8K jobs, far worse than the anticipated gain. This divergence highlights a complex economic backdrop that could influence market sentiment. For ADA, currently at $0.27, traders should be cautious as these mixed signals can lead to volatility. If the Fed leans towards rate cuts, as suggested by Daly, we might see a short-term boost in risk assets, including cryptocurrencies. But don’t ignore the potential downside. If inflation remains stubborn despite these cuts, ADA could face selling pressure. Watch for key support around $0.25; a break below that could trigger further declines. Conversely, if sentiment improves and ADA breaks above $0.30, it could attract more buyers. Keep an eye on upcoming economic indicators and Fed comments—they’ll likely dictate market direction in the near term.
📮 Takeaway
Monitor ADA closely; a drop below $0.25 could signal further weakness, while a rise above $0.30 may attract buyers.






