Дневен пазарен анализ на S&P500, DAX, Gold, Silver, Crude oil, Bitcoin, Ethereum, Link, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
https://bigforexnews.blogspot.com/2021/02/s-dax-gold-silver-crude-oil-bitcoin.html
https://bigforexnews.blogspot.com/2021/02/s-dax-gold-silver-crude-oil-bitcoin.html
Blogspot
Дневен пазарен анализ на S&P500, DAX, Gold, Silver, Crude oil, Bitcoin, Ethereum, Link, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
Daily Forex and CFD Market Analysis and trading news
Най-качественият метод за разпознаване на силни и слаби пазари
https://bigforexnews.blogspot.com/2021/02/blog-post_10.html
https://bigforexnews.blogspot.com/2021/02/blog-post_10.html
Blogspot
Най-качественият метод за разпознаване на силни и слаби пазари
Daily Forex and CFD Market Analysis and trading news
Защо са измамници cry-ptoslav i svet-m и защо нападат Румен Виста
Как разобличих тези фейк трейдъри. Подробно обяснение!
https://bigforexnews.blogspot.com/2021/02/cry-ptoslav-i-svet-m.html
Как разобличих тези фейк трейдъри. Подробно обяснение!
https://bigforexnews.blogspot.com/2021/02/cry-ptoslav-i-svet-m.html
Blogspot
Защо са измамници cry-ptoslav i svet-m и защо нападат Румен Виста
Daily Forex and CFD Market Analysis and trading news
Как станах мултимилионер с трейдинг - ИСТИНАТА!!!
Истината как се правят пари, с помощта на гурутата Svet-m и Cryptoslav.
https://bigforexnews.blogspot.com/2021/02/blog-post_11.html
Истината как се правят пари, с помощта на гурутата Svet-m и Cryptoslav.
https://bigforexnews.blogspot.com/2021/02/blog-post_11.html
Blogspot
Как станах мултимилионер с трейдинг - ИСТИНАТА!!!
Daily Forex and CFD Market Analysis and trading news
Дневен пазарен анализ на S&P500, DAX, Gold, Silver, Crude oil, Bitcoin, Ethereum, Link, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
https://bigforexnews.blogspot.com/2021/02/s-dax-gold-silver-crude-oil-bitcoin_11.html
https://bigforexnews.blogspot.com/2021/02/s-dax-gold-silver-crude-oil-bitcoin_11.html
Blogspot
Дневен пазарен анализ на S&P500, DAX, Gold, Silver, Crude oil, Bitcoin, Ethereum, Link, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
Daily Forex and CFD Market Analysis and trading news
COT reports 13.02.2021 Анализ и разчитане на COT репортите.
COT репортите са изключително важни за качествен фундаментален анализ и тяхното правилно разчитане, може да ни служи в изготвянето на хубав трейдинг план.
https://bigforexnews.blogspot.com/2021/02/cot-reports-13022021-cot.html
COT репортите са изключително важни за качествен фундаментален анализ и тяхното правилно разчитане, може да ни служи в изготвянето на хубав трейдинг план.
https://bigforexnews.blogspot.com/2021/02/cot-reports-13022021-cot.html
Blogspot
COT reports 13.02.2021 Анализ и разчитане на COT репортите.
Daily Forex and CFD Market Analysis and trading news
LIVE Дневен пазарен анализ на S&P500, DAX, Gold, Silver, Crude oil, Bitcoin, Ethereum, Link, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
https://bigforexnews.blogspot.com/2021/02/live-s-dax-gold-silver-crude-oil.html
https://bigforexnews.blogspot.com/2021/02/live-s-dax-gold-silver-crude-oil.html
Blogspot
LIVE Дневен пазарен анализ на S&P500, DAX, Gold, Silver, Crude oil, Bitcoin, Ethereum, Link, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
Daily Forex and CFD Market Analysis and trading news
Как да разпознаем силните и слабите пазари?
Най-качественият метод за разпознаване на силни и слаби пазари
https://bigforexnews.blogspot.com/2021/02/blog-post_25.html
Най-качественият метод за разпознаване на силни и слаби пазари
https://bigforexnews.blogspot.com/2021/02/blog-post_25.html
Blogspot
Как да разпознаем силните и слабите пазари
Daily Forex and CFD Market Analysis and trading news
Daily Market View-U.S Stock Market
The S&P 500 and the Dow Jones indexes retreated from record levels yesterday, as investors geared up for the start of the corporate reporting season and a key inflation report later this week. A pullback in the benchmark 10-year bond yield from 14-month highs in April eased worries about higher borrowing costs, helping richly valued technology stocks gain ground and drive the S&P 500 and the Dow to record levels. Among the 11 major S&P 500 sectors, technology and communication services shares were the top decliners. U.S. consumer price data for March and $271 billion of U.S Treasury auction this week could end a recent lull in the bond market, reigniting a rise in yields that worried investors in the first quarter. Federal Reserve Chair Jerome Powell on Sunday said the U.S economy is at an “inflection point” with expectations that growth will pick up speed in the months ahead, but also risks if a hasty reopening leads to a continued increase in coronavirus cases.
https://bigforexnews.blogspot.com/2021/04/daily-market-view-us-stock-market_13.html
The S&P 500 and the Dow Jones indexes retreated from record levels yesterday, as investors geared up for the start of the corporate reporting season and a key inflation report later this week. A pullback in the benchmark 10-year bond yield from 14-month highs in April eased worries about higher borrowing costs, helping richly valued technology stocks gain ground and drive the S&P 500 and the Dow to record levels. Among the 11 major S&P 500 sectors, technology and communication services shares were the top decliners. U.S. consumer price data for March and $271 billion of U.S Treasury auction this week could end a recent lull in the bond market, reigniting a rise in yields that worried investors in the first quarter. Federal Reserve Chair Jerome Powell on Sunday said the U.S economy is at an “inflection point” with expectations that growth will pick up speed in the months ahead, but also risks if a hasty reopening leads to a continued increase in coronavirus cases.
https://bigforexnews.blogspot.com/2021/04/daily-market-view-us-stock-market_13.html
Blogspot
Daily Market View-U.S Stock Market
Daily Forex and CFD Market Analysis and trading news
FOREX-Pulse of the Market
The greenback extended lower against all of the major currencies with sterling leading the gains. Aside from CPI and retail sales, the Empire State and Philadelphia Fed surveys are scheduled for release. A number of Federal Reserve officials will also speak. On Sunday, Fed Chairman Powell said the U.S is at an inflection point, the outlook brightened significantly and with America going back to work, the economy will start growing more quickly. He also cautioned against reopening too quickly and stressed the importance of taking steps to avoid flare-ups in virus cases that could set back the recovery. Euro kicked off this busy trading week with modest gains against the U.S dollar. Despite continued lockdowns in some of the region’s biggest economies, slow vaccine rollout and lower growth forecasts from France and Spain, the single currency has been extraordinarily resilient. It quietly moved higher since the beginning of the month rallying from 1.17 to 1.19. Better than expected retail sales data helped extend the pair’s gains yesterday. Consumer spending rose 3% in the Eurozone in February, double the market’s expectations. Spending in January was also revised up to -5.2% from -5.9%. This follows last week’s upwardly revised German PMIs and the strongest German business confidence since June 2019. So while the near term outlook is grim, the recovery is delayed not threatened and that prospect keeps economic activity going. The question now is how much longer can the rally continue with U.S inflation and retail sales numbers scheduled for release this week. Vaccinations and stimulus checks should drive strong spending in March. Economists are looking for 5.7% rise but the numbers could easily beat expectations. Inflation is also on the rise and between these two reports, we could see renewed demand for the greenback. Add to that the possibility of Germany lowering its growth forecasts and there’s a good chance the rally could fizzle quickly this week once U.S CPI numbers are released. Before that, the German ZEW survey is due and it will be interesting to see if investor confidence is finally dented by recent lockdowns. Sterling traded sharply higher ahead of today’s industrial production, monthly GDP and trade balance reports.
https://bigforexnews.blogspot.com/2021/04/forex-pulse-of-market_13.html
The greenback extended lower against all of the major currencies with sterling leading the gains. Aside from CPI and retail sales, the Empire State and Philadelphia Fed surveys are scheduled for release. A number of Federal Reserve officials will also speak. On Sunday, Fed Chairman Powell said the U.S is at an inflection point, the outlook brightened significantly and with America going back to work, the economy will start growing more quickly. He also cautioned against reopening too quickly and stressed the importance of taking steps to avoid flare-ups in virus cases that could set back the recovery. Euro kicked off this busy trading week with modest gains against the U.S dollar. Despite continued lockdowns in some of the region’s biggest economies, slow vaccine rollout and lower growth forecasts from France and Spain, the single currency has been extraordinarily resilient. It quietly moved higher since the beginning of the month rallying from 1.17 to 1.19. Better than expected retail sales data helped extend the pair’s gains yesterday. Consumer spending rose 3% in the Eurozone in February, double the market’s expectations. Spending in January was also revised up to -5.2% from -5.9%. This follows last week’s upwardly revised German PMIs and the strongest German business confidence since June 2019. So while the near term outlook is grim, the recovery is delayed not threatened and that prospect keeps economic activity going. The question now is how much longer can the rally continue with U.S inflation and retail sales numbers scheduled for release this week. Vaccinations and stimulus checks should drive strong spending in March. Economists are looking for 5.7% rise but the numbers could easily beat expectations. Inflation is also on the rise and between these two reports, we could see renewed demand for the greenback. Add to that the possibility of Germany lowering its growth forecasts and there’s a good chance the rally could fizzle quickly this week once U.S CPI numbers are released. Before that, the German ZEW survey is due and it will be interesting to see if investor confidence is finally dented by recent lockdowns. Sterling traded sharply higher ahead of today’s industrial production, monthly GDP and trade balance reports.
https://bigforexnews.blogspot.com/2021/04/forex-pulse-of-market_13.html
Blogspot
FOREX-Pulse of the Market
Daily Forex and CFD Market Analysis and trading news
FOREX-Pulse of the Market
The biggest news yesterday turned out to be concerned about Johnson & Johnson vaccine and not the U.S inflation report. The country’s two health agencies (FDA and CDC) recommended halting the use of the one-shot vaccine after 6 cases of a rare but deadly blood clot disorder. Six cases is small when measured against the nearly 7 million Americans that have received the Johnson & Johnson vaccine but coming off the heels of similar concerns related to AstraZeneca’s shot, regulators are being very cautious as the disorder may appear up to 2 weeks from vaccination. Even if the FDA and CDC deem the vaccine safe after an investigation period, this revelation will increase vaccine skepticism/resistance, dealing a blow to the government’s accelerated vaccination plans. This is bad news for stocks, which ended the day lower, and the U.S. dollar which gave up earlier gains. U.S consumer prices rose 0.6 percent in the month of March with core prices rising 0.3 percent. While these increases were more than expected, investors worried about a much larger upside surprise. The more modest increase made it easier for everyone to heed the Federal Reserve’s guidance and look past the rise. Thursday’s retail sales report is the most important piece of U.S data on this week’s calendar. With a sharp increase in spending expected, the dollar’s decline may be limited. The Fed’s Beige Book report will also be released on Wednesday and optimism is widely anticipated. After the J&J news, the euro reversed its slide to end the day higher against the greenback. German investor confidence fell more than expected in April. Widespread lockdowns and slow vaccine rollout caused the country’s ZEW survey of investor sentiment to fall to 70.7 from 76.6. Not only was this the first drop since November but economists were looking for an increase. The Eurozone ZEW index also dropped from 74 to 66.3. Euro outperformed sterling because U.K GDP expanded less than expected in the month of February. The economy grew 0.4% against 0.6% forecast. Industrial production increased but the trade balance deteriorated significantly. Still, with the outlook brighter for the U.K than the Eurozone, we expect this outperformance to be short-lived. The Canadian and Australian dollars failed to rally despite higher oil prices. AUD was set back by weaker business confidence.
https://bigforexnews.blogspot.com/2021/04/forex-pulse-of-market_14.html
The biggest news yesterday turned out to be concerned about Johnson & Johnson vaccine and not the U.S inflation report. The country’s two health agencies (FDA and CDC) recommended halting the use of the one-shot vaccine after 6 cases of a rare but deadly blood clot disorder. Six cases is small when measured against the nearly 7 million Americans that have received the Johnson & Johnson vaccine but coming off the heels of similar concerns related to AstraZeneca’s shot, regulators are being very cautious as the disorder may appear up to 2 weeks from vaccination. Even if the FDA and CDC deem the vaccine safe after an investigation period, this revelation will increase vaccine skepticism/resistance, dealing a blow to the government’s accelerated vaccination plans. This is bad news for stocks, which ended the day lower, and the U.S. dollar which gave up earlier gains. U.S consumer prices rose 0.6 percent in the month of March with core prices rising 0.3 percent. While these increases were more than expected, investors worried about a much larger upside surprise. The more modest increase made it easier for everyone to heed the Federal Reserve’s guidance and look past the rise. Thursday’s retail sales report is the most important piece of U.S data on this week’s calendar. With a sharp increase in spending expected, the dollar’s decline may be limited. The Fed’s Beige Book report will also be released on Wednesday and optimism is widely anticipated. After the J&J news, the euro reversed its slide to end the day higher against the greenback. German investor confidence fell more than expected in April. Widespread lockdowns and slow vaccine rollout caused the country’s ZEW survey of investor sentiment to fall to 70.7 from 76.6. Not only was this the first drop since November but economists were looking for an increase. The Eurozone ZEW index also dropped from 74 to 66.3. Euro outperformed sterling because U.K GDP expanded less than expected in the month of February. The economy grew 0.4% against 0.6% forecast. Industrial production increased but the trade balance deteriorated significantly. Still, with the outlook brighter for the U.K than the Eurozone, we expect this outperformance to be short-lived. The Canadian and Australian dollars failed to rally despite higher oil prices. AUD was set back by weaker business confidence.
https://bigforexnews.blogspot.com/2021/04/forex-pulse-of-market_14.html
Blogspot
FOREX-Pulse of the Market
Daily Forex and CFD Market Analysis and trading news
Market Update: US30 Has Support But Can it Clear Resistance to Set New Records?
Hi traders, today we’re looking at the US30 daily chart as buyers have set support, but still have resistance to beat to get the trend back on track.
Looking at the current Dow D1 chart, we can see price remains on two trend lines. With the fast to med-term being the main trend at this point. Price has made a two-bar retracement back to the fast trend before yesterday’s fightback reconfirming current support seen at 33,800. This is why we have noted this point as it’s a repeat of the previous price action. You will notice this support came from previous resistance. This pattern was also seen in March. This can also be called a step.
Resistance becoming support is a good sign in a trend. It’s good to see it repeating as it shows price can respect the pattern. That’s not saying this will work on this occasion but it’s a good sign from a buyer point of view.
Dow price today has also started to test the minor downtrend line, but we still see supply and resistance remaining from 34,110 to 34,180. Buyers need to build on yesterday’s move and break this area of resistance to suggest that we may have a continuation in the process. The next step after that will be a test and break of the current all-time high.
If we see resistance hold and price moves back to support caution on the buy-side could be taken as the current retracement has widening bars which can be seen as a small warning unless US30 price breaks higher.
This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.
https://bigforexnews.blogspot.com/2021/04/market-update-us30-has-support-but-can.html
Hi traders, today we’re looking at the US30 daily chart as buyers have set support, but still have resistance to beat to get the trend back on track.
Looking at the current Dow D1 chart, we can see price remains on two trend lines. With the fast to med-term being the main trend at this point. Price has made a two-bar retracement back to the fast trend before yesterday’s fightback reconfirming current support seen at 33,800. This is why we have noted this point as it’s a repeat of the previous price action. You will notice this support came from previous resistance. This pattern was also seen in March. This can also be called a step.
Resistance becoming support is a good sign in a trend. It’s good to see it repeating as it shows price can respect the pattern. That’s not saying this will work on this occasion but it’s a good sign from a buyer point of view.
Dow price today has also started to test the minor downtrend line, but we still see supply and resistance remaining from 34,110 to 34,180. Buyers need to build on yesterday’s move and break this area of resistance to suggest that we may have a continuation in the process. The next step after that will be a test and break of the current all-time high.
If we see resistance hold and price moves back to support caution on the buy-side could be taken as the current retracement has widening bars which can be seen as a small warning unless US30 price breaks higher.
This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.
https://bigforexnews.blogspot.com/2021/04/market-update-us30-has-support-but-can.html
Blogspot
Market Update: US30 Has Support But Can it Clear Resistance to Set New Records?
Daily Forex and CFD Market Analysis and trading news
Daily Market View-U.S Stock Market
The S&P 500 and the Dow edged lower yesterday as a resurgence of COVID-19 cases globally sapped appetite for stocks, while market participants digested earnings from U.S airlines and AT&T, along with mixed readings on economic data. Investor sentiment gradually improved by early afternoon, with seven of the 11 main S&P 500 sectors rising. The S&P 500 healthcare sector hit a fresh record high, while industrials were the biggest gainers. Supporting the mood was data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April. Investors are now awaiting quarterly results from technology behemoths next week to provide markets with some direction. Shares of Apple Inc. rose 0.3%, helping the tech-heavy NASDAQ remain afloat.
https://bigforexnews.blogspot.com/2021/04/d-i-l-y-m-r-k-e-t-v-i-e-w-us-stock.html
The S&P 500 and the Dow edged lower yesterday as a resurgence of COVID-19 cases globally sapped appetite for stocks, while market participants digested earnings from U.S airlines and AT&T, along with mixed readings on economic data. Investor sentiment gradually improved by early afternoon, with seven of the 11 main S&P 500 sectors rising. The S&P 500 healthcare sector hit a fresh record high, while industrials were the biggest gainers. Supporting the mood was data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April. Investors are now awaiting quarterly results from technology behemoths next week to provide markets with some direction. Shares of Apple Inc. rose 0.3%, helping the tech-heavy NASDAQ remain afloat.
https://bigforexnews.blogspot.com/2021/04/d-i-l-y-m-r-k-e-t-v-i-e-w-us-stock.html
Blogspot
Daily Market View-U.S Stock Market
Daily Forex and CFD Market Analysis and trading news
Trading Week Ahead
Last week we saw flat to a mixed week from the majors to the USD. The EUR was an expectation as it rallied strongly mid-week after the ECB rates hold and rates statement. The ECB confirmed that risks remain and things remain clouded in the near term due to the continuing impact of COVID19. At this stage, the ECB advised it wasn’t a time to discuss tapering. Another positive for the EUR was Friday’s PMI data that showed French services increased for the first time since AUG20, and German manufacturing increased. Eurozone services and manufacturing PMI data beat expectations as did UK data, looser pandemic restrictions were seen to help drive the fastest private-sector growth since 2013...
https://bigforexnews.blogspot.com/2021/04/trading-week-ahead_26.html
Last week we saw flat to a mixed week from the majors to the USD. The EUR was an expectation as it rallied strongly mid-week after the ECB rates hold and rates statement. The ECB confirmed that risks remain and things remain clouded in the near term due to the continuing impact of COVID19. At this stage, the ECB advised it wasn’t a time to discuss tapering. Another positive for the EUR was Friday’s PMI data that showed French services increased for the first time since AUG20, and German manufacturing increased. Eurozone services and manufacturing PMI data beat expectations as did UK data, looser pandemic restrictions were seen to help drive the fastest private-sector growth since 2013...
https://bigforexnews.blogspot.com/2021/04/trading-week-ahead_26.html
Blogspot
Trading Week Ahead
Daily Forex and CFD Market Analysis and trading news
Trading Week Ahead
Last week we saw another solid week from risk majors to the USD. Gains were stable throughout the week and peaked after Friday’s US and Canadian employment data. Central bank meetings maintained the expected rates as the Reserve Bank of Australia and the Bank of England held rates at current levels.
https://bigforexnews.blogspot.com/2021/05/trading-week-ahead.html
Last week we saw another solid week from risk majors to the USD. Gains were stable throughout the week and peaked after Friday’s US and Canadian employment data. Central bank meetings maintained the expected rates as the Reserve Bank of Australia and the Bank of England held rates at current levels.
https://bigforexnews.blogspot.com/2021/05/trading-week-ahead.html
Blogspot
Trading Week Ahead
Daily Forex and CFD Market Analysis and trading news
Daily Market View-U.S Stock Market
U.S stocks fell yesterday and the Dow Jones Industrial Average snapped back from a record high, as worries about accelerating inflation dragged on shares and hobbled the dollar, which struggled at a 10-week low. U.S equities' losses deepened as the breakeven rates for U.S Treasury Inflation-Protected Securities, or TIPS, scaled multi-year highs, underscoring rising inflation expectations. The Dow Jones Industrial Average lost 0.1% after rising to a record earlier in the day. The S&P 500 extended losses to 1%, and the Nasdaq Composite fell 2.55%. The stock's pullback was mirrored by a broad retreat in riskier assets such as oil and copper, as some investors grew nervous after recent hefty gains. Indeed, copper prices had also shot to an all-time high earlier yesterday as investors piled in on bets of improved demand amid a tightening supply, and driven by the fear that they were missing out on a price rally. Some analysts warned that investor bets on mounting inflation pressure and ensuing interest rate hikes by the Federal Reserve could be overdone.
https://bigforexnews.blogspot.com/2021/05/daily-market-view-us-stock-market_11.html
U.S stocks fell yesterday and the Dow Jones Industrial Average snapped back from a record high, as worries about accelerating inflation dragged on shares and hobbled the dollar, which struggled at a 10-week low. U.S equities' losses deepened as the breakeven rates for U.S Treasury Inflation-Protected Securities, or TIPS, scaled multi-year highs, underscoring rising inflation expectations. The Dow Jones Industrial Average lost 0.1% after rising to a record earlier in the day. The S&P 500 extended losses to 1%, and the Nasdaq Composite fell 2.55%. The stock's pullback was mirrored by a broad retreat in riskier assets such as oil and copper, as some investors grew nervous after recent hefty gains. Indeed, copper prices had also shot to an all-time high earlier yesterday as investors piled in on bets of improved demand amid a tightening supply, and driven by the fear that they were missing out on a price rally. Some analysts warned that investor bets on mounting inflation pressure and ensuing interest rate hikes by the Federal Reserve could be overdone.
https://bigforexnews.blogspot.com/2021/05/daily-market-view-us-stock-market_11.html
Blogspot
Daily Market View-U.S Stock Market
Daily Forex and CFD Market Analysis and trading news
Daily Market View-U.S Stock Market
Global stock markets moved higher on Friday after Thursday's breakthrough in Washington talks to secure a bipartisan infrastructure deal, while oil prices headed toward a fifth consecutive weekly gain on hopes for demand growth. Investors have been looking to an infrastructure agreement to extend the U.S. recovery after massive fiscal stimulus helped the economy grow at a 6.4% annualized rate in the first quarter. The plan is valued at $1.2 trillion over eight years, of which $579 billion is new spending. The S&P 500 index hit a record high on Friday, boosted by gains in Nike and bank stocks. Oil prices were on track for a fifth consecutive weekly gain as growth in demand is expected to outstrip supply on bets that OPEC+ producers will be cautious in returning more output to the market. Inflation has been front-and-center of investors' minds, with the latest U.S personal consumption expenditures (PCE) data showing a measure of underlying inflation rose less than expected in May. Core PCE rose 3.4% year-over-year, above the Fed's 2% flexible target.
#Dow #NASDAQ #Oil #Gold #Corn #Soybeans
Disclaimer
This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.
https://bigforexnews.blogspot.com/2021/06/daily-market-view-us-stock-market.html
Global stock markets moved higher on Friday after Thursday's breakthrough in Washington talks to secure a bipartisan infrastructure deal, while oil prices headed toward a fifth consecutive weekly gain on hopes for demand growth. Investors have been looking to an infrastructure agreement to extend the U.S. recovery after massive fiscal stimulus helped the economy grow at a 6.4% annualized rate in the first quarter. The plan is valued at $1.2 trillion over eight years, of which $579 billion is new spending. The S&P 500 index hit a record high on Friday, boosted by gains in Nike and bank stocks. Oil prices were on track for a fifth consecutive weekly gain as growth in demand is expected to outstrip supply on bets that OPEC+ producers will be cautious in returning more output to the market. Inflation has been front-and-center of investors' minds, with the latest U.S personal consumption expenditures (PCE) data showing a measure of underlying inflation rose less than expected in May. Core PCE rose 3.4% year-over-year, above the Fed's 2% flexible target.
#Dow #NASDAQ #Oil #Gold #Corn #Soybeans
Disclaimer
This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.
https://bigforexnews.blogspot.com/2021/06/daily-market-view-us-stock-market.html
Blogspot
Daily Market View-U.S Stock Market
Daily Forex and CFD Market Analysis and trading news
Advertise DeltaStock Forex Broker – Promote our trusted financial services.
Attract live account clients – Bring in engaged clients through your advertising efforts.
Earn up to €1500 for every qualified client – Unlock outstanding rewards for your contributions.
Apply here: https://www.deltastock.com/english/partnership/marketing_partners.asp?mktg=traderfactor
Attract live account clients – Bring in engaged clients through your advertising efforts.
Earn up to €1500 for every qualified client – Unlock outstanding rewards for your contributions.
Apply here: https://www.deltastock.com/english/partnership/marketing_partners.asp?mktg=traderfactor
Deltastock
Marketing Partners Programme | DeltaStock
Become our partner and earn commissions of up to €1500 for each qualified client! Benefit from free website design services, custom-tailored marketing materials and more.