The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
S&P500, daily shart.
The correction is becoming more prominent.
Yesterday, the Dow, the S&P 500, and the NASDAQ dropped by 0.9% despite a positive labor market report in the US. The US stock market needs to enter a correction even if a bullish trend follows.
Asian stock markets: China +0.5%, Japan -0.8%.
COVID-19 worldwide: the third wave is tightening its grip. Yesterady, there were 880 new cases registered globally/ The number exceeded the highest level of the second wave, recorded in January. The situation is getting worse in India: +330K new infections. The highest daily death toll is in Brazil and India: +2K. France and Germany reported on +34K and +29K new cases respectively.
Yesterday, the ECB kept interest rates and the QE program unchanged. The market saw almost no reaction to the ECB's decision.
Today, BRENT has climbed 0.5% to $65.80. It is forecast to trade in the 64.00–67.50 range. Oil is recovering after two consecutive bearish days. Perhaps the price has found support after a correction.
Today, WTI has gained 0.5% to $61.80. It is forecast to trade in the 60.80 – 63.00 range. The price is supported by the opening of the American economy and growing demand expectations in the US this summer.
Conclusion: Friday is likely to be a calm day for trading, as there is no important news left. Today, the global market will focus on the close of the US stock market.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
