The session opens with a split screen: crypto and crude are down hard, equities are up, and FX majors have barely moved.

Cardano leads the fallers at -5.66% to $0.2084, and Brent crude is close behind, off 5.12% to $85.55. Both sit alongside a broad risk rotation into stocks.

Crypto

The pullback is deep across the board. Cardano’s -5.66% tops the losers, with Stellar down 5.08% and Polkadot off 4.90%. Dogecoin fell 4.34% to $0.086 and XRP dropped 3.22% to $1.4333.

The majors held better. Bitcoin slipped just 0.68% to $78,436.90, Ethereum eased 1.94% to $2,433.36, and Solana lost 2.25% to $96.68. The weekly picture stays green despite the session red: Bitcoin is up 13.19% on the week and 23.17% on the month, XRP up 29.73% over seven days.

The outlier is MATIC, up 4.51% on the day and a striking 55.23% on the week, the single biggest gainer in the set.

Energy and metals

Crude is the standout drag outside crypto. US Oil fell 4.85% to $80.65 and UK Oil dropped 5.12% to $85.55, both down more than 4% on the week. The annual gains remain large, with Brent up 28.06% and WTI up 27.35% year on year.

Metals gave back some ground too. Gold eased 0.45% to $4,659.16 and silver fell 1.40% to $68.72, though both hold sizeable longer-run gains β€” silver up 77.81% on the year, gold up 37.40%. Platinum dropped 1.90% to $1,858.55.

Equities

Stocks are the green corner. The Nikkei 225 led with a 1.39% gain to 66,050.28, extending a 55.47% year-on-year run. The Nasdaq 100 rose 0.67% to 29,212.11 and the DAX 40 added 0.59% to 26,271.33.

The FTSE 100 climbed 0.41% to 10,896.61 and the S&P 500 rose 0.28% to 7,675.89. Note the split with the weekly tape: the Nasdaq 100 is still down 1.10% over seven days and the S&P 500 off 0.56%.

Currencies

FX is quiet. EUR/USD sits at 1.16721, up 0.04%, and GBP/USD at 1.36473, up 0.08%. USD/JPY is little changed at 159.20.

The rand was the mover, with USD/ZAR down 0.86% to 15.864, extending a 5.43% monthly slide in the dollar against the currency. USD/SEK fell 0.53% to 9.44235.

The crude slide remains the session’s clearest thread against a firmer equity tape.