- Peloton leader FTX gains 9.54%; currently at $1.36
- Cardano was the biggest decliner Friday after giving up 1.32%
- European markets closed higher Friday whilst CAC added 0.51% to trade at 7,577.
Friday's trading session saw to it that markets did not have a clear cut direction — Nasdaq closed at 12,072 after a flat day. Dow Jones closed 33,800 after a stable day.
US markets are set to open tomorrow in around 23 hours. In the meantime, upbeat European markets ended Friday higher as CAC is up by 0.51%, hitting 7,577. Asia-Pacific markets were down Friday as KOSPI Composite Index slips to 2,544.4 (down 0.73%).
3Rd quarter earnings season is mostly over, with Bank OZK & Procter & Gamble releasing their earnings reports just this week.
Ambiguous macro data is influencing the market as United States Services PMI came out at 53.7, while a consensus of analysts was expecting 51.5. United States CFTC Crude Oil speculative net positions released Friday with a figure of 244,600, while the previous figure was 235,600. Fresh CFTC Gold speculative net positions data from United States came out at 189,900.
Data to be released tomorrow might clear up some of the market fog as United States Building Permits is scheduled for Tuesday. United States New Home Sales (Mar) is expected Tuesday. Tuesday data for United States Consumer Confidence will be released, with an expected decline to 104 from the preceding figure of 104.2.
While markets were generally sideways Friday, these assets pulled ahead as FTX up 9.54% trading at $1.36. TRON is doing well and gains 1.84%.
Despite lacklustre price action, some assets lagged behind their peers as Cardano lost 1.32% Friday before closing at $0.391.
FTX | +9.54% in mid-session
- FTX Token has fallen back around 97% from the significant high of $41.46 set 10 months ago.
10 months ago FTX reached a significant high of $41.46 but has consequently lost 97% since then. With an average daily volume of 19.60 million.
Today's gains follow a month of flat trade