Most American stocks peaked out after Jerome Powell received a second term as the Chairman of the Federal Reserve, on Monday. The dollar rallied, and gold dropped. Investors now wait for Fed minutes and critical economic data. Will they resume their trend afterwards, or has it run its course?
After causing widespread selloffs around the world, do investors see Evergrande’s risks over, as they bid up European indices and even Chinese currencies?
An improving economy is normally expected to provide a rosier picture of company profits and economic activity. However, this Friday’s U.S. jobs report may have a different effect on investors, after recent comments by Fed Chair Jerome Powell.
On Sunday, Treasury Secretary Yellen said that government spending and higher interest rates would be good for the U.S. economy, pointing to a decade of lower than normal inflation.
Videos & Articles help you expand your trading knowledge.
Our Economic calendar helps you explore global market events.
Understand the full costs of your trades now for better expense management later.
This information is written by Plus500 Ltd. The information is provided for general purposes only, and does not take into account any personal circumstances or objectives. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. No representation or warranty is given as to the accuracy or completeness of this information. It does not constitute financial, investment or other advice on which you can rely. Any references to past performance, historical returns, future projections, and statistical forecasts are no guarantee of future returns or future performance. Plus500 will not be held responsible for any use that may be made of this information and for any consequences that may result from such use. Hence, any person acting based on this information does so at their own discretion. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research.
Hi! You've reached our website for customers based outside of the United States.
Make the move to Plus500US in order to start your Futures trading journey!