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!
Yesterday, equity indices finished lower. The S&P 500 fell by 0.67%, the Nasdaq 100 dropped by 0.84%, while the Dow Jones Industrial Average rose by 0.65%.
Global equities logged a fourth consecutive day of declines — the longest losing streak in over two months. The MSCI All Country World index lost 0.2%, Asian markets fell by about 1%, and South Korea's KOSPI declined by 1.5%. Futures point to a similarly weak European open.
The main problem remains the bond market. Thirty-year US Treasury yields climbed to 5.20%, a level last seen during the 2007 global financial crisis. The long-dated government bond index (10-plus years) is down 4.6% year-to-date. Brent crude holds near $111/bbl, there are no signs of de-escalation with Iran, and that continues to feed inflation expectations.
It is important to distinguish two types of yield rises. When yields rise on the back of a strong economy, that can support corporate profits. When they rise because of inflation fears, the effect is negative for the market, especially for high-multiple growth stocks. Right now, we are in the latter scenario.
At the G7 meeting in Paris, leaders pledged to avoid excessive fiscal stimulus amid inflationary risks. NATO is discussing the possible escort of ships through the Strait of Hormuz if it is not open by early July. President Trump has again threatened to resume strikes on Iran in the coming days, so the geopolitical backdrop remains heavy.
All eyes are on Nvidia's report tonight — the market is watching with particular tension. Street estimates point to revenue growth of around 80% for the quarter, but investors will care most about production guidance and management's view on competition. In an environment where markets are already repricing the path of rates, the AI narrative needs fresh confirmation. A disappointing result from Nvidia could deliver another blow to the tech sector; a strong print could provide the catalyst the market has lacked over the past four days.
Technically, the S&P 500 analysis shows that buyers' immediate task is to overcome the resistance level of $7,381. That would signal renewed upside momentum and open the path to $7,404. Maintaining control above $7,427 would further strengthen buyers' position. On the downside, buyers must defend the $7,355 area. A break below that level would likely push the index back to $7,339 and open the way to $7,325.
*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।
