Forex Market Overview All market | Information and Analytical Department of Espero 3 April 2025

01.06.2021 08:06

Markets Starting June Mixed

Information and Analytical Department of Espero

The new trading week begun mixed as stock indexes were mostly looking down while crude prices were edging higher, and the U.S. Dollar index rolled back to 89.85 points weakening to currencies of G7 countries and strengthening to the Chinese Yuan. The chaotic dynamics of markets came probably because of the Memorial Day in the United States and a Bank Holiday in the United Kingdom that wiped out most of the liquidity from markets.

28.05.2021 08:05

U.S. Stock Market Continues to Rally Ignoring All Correction Signs

Information and Analytical Department of Espero

The last trading week of May will finish with the inflation data in the U.S. and a new 2022 draft budget that would be presented by Joe Biden’s Administration. Markets are tensed now, and may spring a mine of volatility any moment. However, investors are seen to neglect correction signals pushing prices of risky assets higher and higher, while the U.S. Dollar is sliding lower. The second estimate of U.S. first quarter GDP was released on Thursday leaving the GDP unchanged at 6.4%. GDP price index, instead, was revised to 4.3% from 4.1%. Core PCE prices index was upgraded to 2.5% from 1.

25.05.2021 08:05

The Fed Calmes Down Infaltion Fears

Information and Analytical Department of Espero

The last trading week in May started with statements of the Federal Reserve not to pay too much attention to inflation. The Fed has published a long list of reasons of temporary nature of inflation spike to calm down markets. The Fed considers the rise in prices due to the effect of low base that will soon fade along with large social benefits program that has stimulated “emergency spending”. U.S. monetary regulator fondly believe U.S. consumers would not buy a second refrigerator or a mobile phone, or even a car despite record level of savings. According to Fed’s statement, U.S.

21.05.2021 08:05

U.S Stock Market Is Close to Correction

Information and Analytical Department of Espero

Correction sentiment squeezed markets. Bitcoin has lost more than a third of its value in the last two weeks, crude prices lost 5%, U.S. stock market was close to a full-scale correction while the Dollar tried to return to the upside movement. Most interesting is that Fed’s intensions are becoming clearer. Fed’s solid position of maintaining ultra-soft monetary policy was challenged by some FOMC members that called the Fed to reconsider its current policy towards tapering extraordinary measures in the future.

18.05.2021 08:05

FOMC Minutes May Disappoint Stock Market

Information and Analytical Department of Espero

Markets are still digesting disappointing inflation data in the United States released last week while the effect of Federal Reserve’s calming statements is no longer enough to support markets. The S&P 500 broad market index fell by 0.6%, Dow Jones by 0.5%, and Nasdaq 100 performed almost traditionally worse losing 1%. The U.S. 10 year Treasuries started this week at 1.635%. Negative sentiment may prevail today too as no positive drivers for markets are in sight.

07.05.2021 08:05

NonFarm Payrolls of Paramount Importance

Information and Analytical Department of Espero

The first week of May was of chaotic nature for financial markets. Stock markets were under fragmented pressure as U.S. Tech sector was sold-off with Nasdaq losing more than 3% in four days, and investors switching to cyclical companies’ shares with new highs for the latter. Dow Jones index is peaking up 0.7% this week. Rational explanations for such capital flows are not many as somebody is referring to commodities prices hike as a major driver for shares of cyclical companies, somebody blames U.S-China increasing tensions. However, all these excuses are seen flimsy.

30.04.2021 08:04

Stock Markets Are Low on Fuel for Another Rally

Information and Analytical Department of Espero

U.S. stock market managed to break through to a new highs above 4200 points. Excellent impressive record. However, too many positive reasons were needed to gain this achievement. The Federal Reserve Chairman Jerome Powell had to convince investors on the press conference the any tapering of the stimulus program of $120 billion a month is not even being considered at the moment. Meanwhile, U.S. President Joe Biden has announced $1.8 trillion infrastructure plan. Corporate quarterly earnings reports from Apple, Microsoft, Facebook, Tesla and Amazon was much better than expected.

27.04.2021 08:04

Stock Markets Are Waiting for Biden and the Fed to Direct Them

Information and Analytical Department of Espero

U.S. stock market again reconfirmed its strength with S&P 500 broad market index above key resistance level at 4175 points, suggesting further growth. But we should not be hasted ahead of important events this Wednesday and Thursday. On Wednesday two important events are going to happen: Federal Reserve may provide a framework of exiting policy towards tighter monetary regulation; U.S. President Joe Biden will testify in front of the Congress with a possible new tax policy for corporates and wealthy individuals.

23.04.2021 08:04

Stocks Ran Out of Fuel

Information and Analytical Department of Espero

20.04.2021 08:04

Stocks Need More Corporate Steam

Information and Analytical Department of Espero

U.S. stock market fell despite inspiring first quarter corporate reporting from Coca-Cola and Harley-Davidson. Stock indices are under strong pressure without any particular reason that is clear for investors’ majority. European stocks fell too. The U.S. Dollar that should be strengthening as a safe haven instrument was sold off on Monday losing around 0.5%, which is a lot for a single day, especially Monday. The reason for such decline could be geopolitics, but it is not clear since gold prices are also under pressure.