Market Overview

25 September 2020 13:07

Lysakov Sergey

All three major global market indexes including the broad market S&P 500 index, the high tech Nasdaq index and the industrial Dow Jones index, saw a slight drop after the opening bell on Thursday in course of the Wall Street's stock trading session to the renewed lows of September. However, prices just touched rather shallow levels. Shortly after the market quickly rebounded trying to gather more height for several hours in a row, probably encouraged by the words of Steve Mnuchin, the U.S.
23 September 2020 12:59

Lysakov Sergey

In the course of a turbulent week, European stocks opened higher and balanced well during the morning and at least in the first half of Wednesday's trading session, probably thanks to the release of IHS Markit's set of purchasing managers' indexes (PMI). The manufacturing component was propelled into the highest position since September 2018 with a reading of 53.7 points in September after 51.7 points for August, vs a median expert polls forecast of 51.9 only.  Any figure above 50.0 level indicates expansion in the sector indicating a high pace of an industrial recovery.
21 September 2020 13:41

Lysakov Sergey

It suddenly seems as if a conjoint "fabric" of the market has been transformed into a puzzle, with some pieces temporarily falling into random places. Despite the clear reassurance by the US Federal Reserve (Fed) of a very long period of near-zero interest rates - including at least the entire year of 2023, when keeping the stimulus "money printer" on - only a few stocks, like Johnson & Johnson or UnitedHealth Group, allowed themselves to moderately rise during Friday's New York session.
18 September 2020 11:23

Lysakov Sergey

A set of predominantly positive macro statistics from the United States on Thursday lessened the market's demand for safe-haven assets keeping the mid-term sentiment for a relatively weak Greenback vs the world currency basket going.  The U.S. initial jobless claims fell to 850,000 after 893,000 last week on the background of a four-week average for jobless claims at 912,000. The initial claims reading exceeded 1.1 million just at the end of August. Continuing jobless claims declined up to 12.628 million after more than 13.5 million just a week before and 14.
16 September 2020 13:09

Lysakov Sergey

After a large-scale technical correction earlier this month, the good old, or "chronic" demand for Big Tech stocks has not recovered so far. Amazon shares are flashing somewhere near the $3150 road, and Google is also experiencing a similar story just above $1500 and Facebook is ranging in between $265 and $280 per share.
14 September 2020 13:20

Lysakov Sergey

This week will be full of meaningful statistical releases, therefore, it stands to reason that the particular technical signals on price charts at certain time points could be identification attributes for different groups of assets and for the general market's style of trading for now. A neutral close of the European stocks' week, as well as a prominent corrective decline in the U.S.
11 September 2020 12:59

Lysakov Sergey

Global investors were "slowing down on chasing summer winners", the high tech sector and different gold instruments, as the financial flow into that group of assets showed its minimum values for the week to September 9 vs the similar readings of the last several weeks. Such information has been released today by the Bank of America’s (BofA) analysts citing data provided by the Emerging Portfolio Fund Research (EPFR). EPFR, which is one of the world's leading structure to track fund flows and allocations, also wrote that inflows to the U.S. corporate bonds fell to $12.
9 September 2020 12:30

Lysakov Sergey

The global stocks are trying to find a solid ground to stand on after several days of a powerful downside correction. The broad-based S&P500 index futures fell under the ice below 3,300 points during the Asian early trading hours on Wednesday, weighing down also the Shanghai Composite (SSEC) index, which slipped by 1.86% beneath the water today.
7 September 2020 12:28

Lysakov Sergey

This Monday resembles a day off work on global markets, due to the Labour Day in the United States and Canada. The New York Stock Exchanges (NYSE) as well as high-tech Nasdaq stocks are closed, so the U.S.-listed shares are not traded today. In the last few days, the relative strength of downside correction's volatility in stock prices was also the main driver for all currency pairs, but especially for the forex market instruments with the U.S. Dollar participance.
4 September 2020 12:49

Lysakov Sergey

U.S. stocks have made a nasty surprise on Thursday to a densely populated and cold bullish camp, which was sleeping the peaceful sleep that knew no waking for several weeks. However, this time the share prices forced some sobriety on that snoring crowd while many investors were staring with wonder watching the high tech Nasdaq 100 index going down by more than 600 points for one trading session. Futures quotes for the main U.S. technology sector index crashed falling almost 200 points more during the first Pacific hours.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

Open Forex Demo Account
I understand and accept the Privacy Policy and agree that my name and contact details can be used by TeleTrade to contact me about the information I have selected.
37 International Awards
Have a question?

We are ready to assist you in every step of your trading experience
by providing 24/5 multilingual customer support.

Follow us

Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.

© 2011-2020 TeleTrade-DJ International Consulting Ltd

TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.

Please read our full Terms of Use.

To maximise our visitors' browsing experience, TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. You may change your cookie consent or view our cookie declaration here.

TeleTrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.