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&P 500
Yesterday, the United States published its Q1 GDP report. The US economy expanded by 6.2% in the first quarter. At the same time, the GDP deflator increased to 4.1%. Meanwhile, the number of jobless claims stabilized at 550K, and continuing jobless claims were at 3.6 million. US stocks increased on a strong GDP report: the Dow and the S&P 500 gained 0.7%, NASDAQ climbed 0.2%.
Asian stock markets: Japan's and China's stocks fell by 0.8% and 0.9% respectively.
China's manufacturing PMI decreased to 51.1 from a month earlier.
In Japan, unemployment declined to 2.6%, beating market expectations. Housing starts unexpectedly surged by 1.5%. All in all, Japan's economic data turned out to be quite positive.
COVID-19 worldwide: 899K new cases were registered yesterday. The third wave is at its peak. India reported recorded 387K new cases and 3.5K deaths yesterday. In Brazil, daily infections fell to 69K, but deaths hit 3K. The situation remains alarming in the leading EU countries: Yesterday, Germany and France reported on 28K and 27K new cases respectively.
WTI: the price has fallen by 0.6% to 64.40 today. The price reached the April high amid a strong US GDP report yesterday. The upward potential looks limited. The benchmark is expected to be trading in the 63.50–65.50 range.
BRENT: the price has dropped by 0.6% to 68.10 today. It is likely to be in the 67.00–69.00 range. The price is increasing amid growing global demand and price forecasts from large banks.
*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।
