Booming Stocks, Car Sales, Yield Curve, Yen: Markets Blast

The video discusses the booming S&P 500 and commodities, while fixed income markets show concern over potential central bank policy hikes. European car sales have plunged due to chip shortages and COVID-19 impacts. Equity markets are optimistic, with futures pointing upwards, driven by strong earnings and policy changes in Asia. FX markets are influenced by trade terms, with the yen suffering and the rupaya benefiting. Commodities are surging due to energy crises and climate factors. Positive trends are seen in Asian stocks, particularly in semiconductors.

How are the equity markets performing according to the text?

What impact does the Japanese yen's performance have on the FX markets?