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!
US stocks rose last week, but remained within the horizontal channel. The main driver of growth was the data on inflation, which apparently rose to 5% in May, thanks to the 5-6% jump in prices. It is unclear whether the cause is the sharp collapse of prices a year ago during the coronavirus crisis, or if it has broader reasons such as liquidity from major central banks.
So far, only developing countries are raising rates, as major central banks such as the Fed are firm on keeping their soft monetary policies. The Fed said it will leave the minimum rate at 1.25%, and continue buying bonds at a rate of $ 120 billion per month to support economic growth.
Last week:
Dow Jones dropped 0.6% (200 points) and valued 34.400 points. It is projected to range around 34.300 - 35.000 points this week;
S&P 500 grew 0.7% (30 points) and hit 4.255 points. It is expected to value around 4.200 - 4.300 points this week;
Nasdaq climbed 1.5% (250 points), increasing to 14.170 points. It is forecast to reach 14.000 - 14.500 points this week.
Dow declined despite high commodity prices, while S&P 500 and Nasdaq returned to all-time highs.
Conclusion: The US market will jump by as much as 5-7% if the Fed hints at a future policy change. If not, stocks will plunge downwards.
*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।
