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What the Ceasefire Means for Markets

What’s in Today’s Report:

  • What the Ceasefire Means for Markets
  • Monthly Bitcoin & Cryptocurrency Update (April)
  • Durable Goods Orders Takeaways

Stock futures are sharply higher, and oil is down a staggering 15%+ this morning after a last minute ceasefire agreement between the U.S. and Iran was reached late yesterday, triggering broad risk-on money flows globally.

Looking ahead to today’s session, there are no noteworthy economic reports due to be released however, the Treasury will hold a 4-Month Bill auction at 11:30 a.m. ET and a 10-Yr Note auction at 1:00 p.m. ET which will shed light on bond traders “real” reaction to the ceasefire agreement. It will be important to see strong demand in the 10-Yr auction to assure investors stagflation worries have eased amid the ceasefire.

Additionally, while there are no Fed speakers today, the March Fed meeting minutes will be released at 2:00 p.m. ET and any insight on timing (and direction) of the FOMC’s next policy rate move has the potential to move markets this afternoon.

Finally, there are a few noteworthy earnings reports today including DAL ($0.61), RPM ($0.37), and STZ ($1.74), however, the primary market focus will remain on the ceasefire deal, and any geopolitical developments today, particularly negative ones that push back on the prospects that the deal is sustainable, could trigger a retracement of the massive overnight moves.

 

Tom Essaye: Bitcoin’s Drop Shows Its High-Risk Nature

Tom Essaye: Bitcoin’s Drop Shows Its High-Risk Nature


Bitcoin price today: BTC bounces back to $88,500 after sharp dip below $84,000

Bitcoin’s latest slide caught investors off guard, occurring just days after the cryptocurrency briefly rebounded from the $80,000 level. The move largely reflected profit-taking, thin liquidity, and broader macro uncertainty that weighed on risk assets.

“Bitcoin remains a hyper-volatile, speculative asset. It still moves in sync with risk appetite. When markets tighten, Bitcoin falls harder,” said Tom Essaye of the Sevens Report.

Also, click here to view the full article on Businessupturn.com published on December 2nd, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


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Tom Essaye Quoted in OI Canadian Gaming News on September 21, 2021

$250 billion vanishes from cryptocurrency market due to Evergrande case

The losses quickly spread to broader markets as experts began to warn that…wrote market analyst Tom Essaye, author of the Sevens Report, in a note last week. Click here to read the full article.

Tom Essay Quoted in UK News Today on September 20, 2021

Crypto Markets Suddenly Lose $250 Billion In Value As Evergrande Turmoil Pummels Bitcoin, Ethereum And Other Major Cryptocurrencies

The losses quickly spread to broader markets as experts started warning its default could…market analyst Tom Essaye, author of the Sevens Report, wrote in a note last week. Click here to read the full article.

Tom Essaye Quoted in Via News on May 23, 2021

Ark (ARK-USD) Cryptocurrency Is 17% Up In The Last 6 Hours

This is an evolution a bit — Ark accepting it’s a large fund-family now, while the number of companies in which Ark holds more than…said Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter.  Click here to read the full article.

Tom Essaye Quoted in Bloomberg on May 20, 2021

U.S. Stocks Are Mixed; Bitcoin Resumes Decline: Markets Wrap

“For people to say Bitcoin shouldn’t influence equity prices on a short-term basis, that’s crazy. We live in a 24/7 market and at least in the short term…” said Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter. Click here for the full article.