14.03.2023: Wall Street indices growing amid market turmoil.
26.05.2023: Why USD continues rising? Outlook for EUR/USD and GBP/USD
2023-05-26 16:50 UTC+3
26.05.2023: USD to start correction? Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-05-26 15:33 UTC+3
26.05.2023: Oil traders await clarity on OPEC's next policy move. Outlook for oil, gold, RUB
2023-05-26 15:31 UTC+3
25.05.2023: Germany slides into recession. Outlook for EUR/USD and GBP/USD
2023-05-25 17:53 UTC+3
25.05.2023: US oil crude inventories tumble. Outlook for oil, gold, RUB
2023-05-25 16:12 UTC+3
25.05.2023: Stocks gripped by bearish sentiment; USD resilient to market uncertainty.
2023-05-25 15:11 UTC+3
24.05.2023: Investors unnerved about standoff in debt ceiling talks.
2023-05-24 19:32 UTC+3
24.05.2023: UK inflation slackens, but USD still exerts pressure. Outlook for EUR/USD and GBP/USD
2023-05-24 16:25 UTC+3
24.05.2023: US crude stockpiles fall again. Outlook for oil, gold, RUB
2023-05-24 15:42 UTC+3
24.05.2023: USD to lose momentum due to default fears; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-05-24 15:35 UTC+3
23.05.2023: Optimism fading on Wall Street.
2023-05-23 20:21 UTC+3
23.05.2023: Traders continue to sell off EUR.
2023-05-23 17:38 UTC+3
23.05.2023: Oil steady as US default risk offsets growth drivers. Outlook for oil, gold, RUB
2023-05-23 16:31 UTC+3
23.05.2023: Debt ceiling talks in spotlight; JPY recovers. USDX, USD/JPY, AUD/USD, NZD/USD
2023-05-23 15:31 UTC+3
22.05.2023: Wall Street weighed down by standoff between US and China.
2023-05-22 19:16 UTC+3
22.05.2023: Why traders continue buying USD amid threat of default?
2023-05-22 15:50 UTC+3
22.05.2023: Speculators anticipate results of talks on debt ceiling; USDX, USD/JPY, AUD/USD, NZD/USD
2023-05-22 15:34 UTC+3
22.05.2023: New sanctions package still under review. Outlook for oil, gold, RUB
2023-05-22 15:20 UTC+3
19.05.2023: Wall Street aims to cement optimism.
2023-05-19 20:53 UTC+3
19.05.2023: USD rallies, ignoring overbought conditions. Outlook for EUR/USD and GBP/USD
2023-05-19 16:24 UTC+3
19.05.2023: Oil prices flat as traders await G7 summit. Outlook for oil, gold, RUB
2023-05-19 14:59 UTC+3
Wall Street aims to open a New York trade on an optimistic note under high volatility. The stock market made efforts in the pre-market to recover losses incurred during the gloomy February. Macroeconomic data enables the stock indices to get their second wind.

A slump of shares in the banking sector set the stage for losses on Wall Street on Monday because investors worried about the chain reaction. Stock investors were unnerved and the benchmark indices closed mixed. The Dow Jones closed 90 points or 0.28% down. The Nasdaq managed to gain 0.45%. The S&P 500 inched down by 0.15% to close at 3,855.
The benchmark indices traded sluggishly intraday but perked up following the release of the US inflation data. Futures on the ley indices rose by 1-1.3% signaling bullish prospects for the North American trade. The S&P 500 is expected to trade in the corridor between 3,850 and 3,990 today.
Silicon Valley Bank collapsed on Friday after a failed attempt to expand its capital. Investors were alarmed, wondering about risk that the Fed’s aggressive monetary tightening could have entailed to other banks. Market participants assume that the US central bank could soften its hawkish rhetoric. In turn, yields of the US two-year Treasuries went down.
Investors are trying to strike a balance between fears and hope. The unity sector grew by 1.54%, logging the strongest among the 11 sectors in the S&P 500. Besides, the companies sensitive to interest rates such as the real estate and high-tech sectors also gained ground. The banking sector was hit by sell-offs.
The shares of Signature Bank which were terminated by the watchdog were suspended from trading. The Nasdaq said they would remain halted until the request by the stock exchange is met in full.
The shares of First Republic Bank plummeted by 61.83%. In contrast, the shares of Western Alliance and PacWest Bancorp nosedived by 47.06% and 21.05% respectively. Trading shares was suspended a few times.
Charles Schwab tumbled 11.56% upon resuming trade after the financial services company reported a 28% decline in average margin balances and a 4% fall in the overall clients’ asset in February.
Top US banks lost almost 90 billion dollars in the stock markets on Monday. As a result, their losses in the last three sessions equaled nearly 190 billion dollars.
At the same time, the market revised radically the expectations about the Fed’s policy moves. At present, traders foresee a rate hike by 25 basis points in March. There is also a 44.4% chance that the central bank will maintain interest rates at the current level.
The striking fact is that the market expects the Federal Reserve to terminate the whole cycle of tightening leaving the ultimate rate size at 4.71%, lower than the upper border of the current target range between 4.50 and 4.75%.
The market turmoil pushed up the fear index. Overnight, the VIX index approached the highest level in six months. Other indicators of the market stress also revealed signs of tension. ICE BofA MOVE, the index bond market’s volatility, surged to a 14-month high.
The market is still gripped by jitters. The sharp revision of the interest rates forecast weakened the US dollar. In turn, gold spiked as a safe haven asset. The gold price has skyrocketed by 5% over the last week to 1,900 dollars per troy ounce.
In light of such a revision, the US bond market burst into a roller coaster. On Monday, yields of 2-year Treasuries tumbled most sharply since the crash in the stock market in 1987.
The scale of price swings was mirrored in the MOVE index which recorded the wildest volatility in the bond market since 2009. This burst of volatility exceeds the most turbulent periods during the pandemic and the shock in the repo market in 2018.
The red-hot CPI could cement market expectations for the Fed’s pause. The data released today was in line with the market consensus. The annual CPI in the US slowed down to 6% in February from 6.4% in January. It is the lowest reading since September 2021 and matches the median forecast. Food and energy prices grew at a slower pace. Prices of second-hand cars and trucks went down.


FX Analytics - https://www.instaforex.com/forex_analytics
Forex Calendar - https://www.instaforex.com/forex_calendar
Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv

Forex charts - https://www.instaforex.com/charts
Instant account opening - https://www.instaforex.com/fast_open_live_account
Forex Trading Contests - https://www.instaforex.com/forex_contests

List of official InstaForex blogs:

#forex_news #american_session #instaforex_tv

00:00 INTRO
00:24 S&P500
01:16 USA
02:58 QUOTES
06:49 USDX
08:24 USD | CAD
09:09 OIL
09:47 BTC | USD
Calendar and reviews
Trader’s calendar on May 29-31: Analysts provide gloomy forecasts for China.
Trader’s calendar on May 25 - 26: USD to post gains?
Trader’s calendar on May 22 - 24: USD to remain strong?
Trader’s calendar on May 18 - 19: This week to decide USD's future.
Trader’s calendar on May 15 - 17: USD gains steady ground.
Trader’s calendar on May 11 - 12: USD doomed to sell-offs.
Editor's choice
Considering St. Petersburg's business status, InstaForex holds its annual conferences for its partners, traders, and potential clients here. The new event took place in one of the most prestigious hotels of St. Petersburg Marriott Renaissance. Traditionally, the conference focused on the most relevant topics of currency trading and opportunities provided by investments in the forex market.
Vojtěch Štajf, InstaForex Lopris Team navigator, talks about the highlights of the Silk Way Rally (Krasnaya Polyana)
Trader’s calendar on May 29-31: Analysts provide gloomy forecasts for China.
  • Grand Choice
    Contest by
    InstaForex always strives to help you
    fulfill your biggest dreams.
  • Tiền gửi lần truy cập
    Ký quỹ tài khoản của bạn với $3000 và nhận được $9000 nhiều hơn!
    Trong Tháng 5 chúng tôi xổ $9000 trong chiến dịch Chancy Deposit!
    Có được một cơ hội giành chiến thắng bằng việc ký quỹ $3000 vào một tài khoản giao dịch. Đáp ứng được điều kiện này, bạn trở thành một người tham gia chiến dịch.
  • Giao dịch khôn ngoan, thành công
    Nạp tiền vào tài khoản của bạn với ít nhất $ 500, đăng ký cuộc thi và có cơ hội giành được các thiết bị di động.
  • 100% tiền thưởng
    Cơ hội duy nhất của bạn để nhận 100% tiền thưởng khi gửi tiền
  • 55% Tiền thưởng
    Đăng ký tiền thưởng 55% cho mỗi lần gửi tiền của bạn
  • 30% tiền thưởng
    Nhận 30% tiền thưởng mỗi khi bạn nạp tiền vào tài khoản của mình
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.
Widget callback