empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
22.06.2023 03:01 PM
US premarket on June 22: Stock markets continue to fall
Open trading account Open demo account

Futures contracts on US stock indices continued to tumble in Thursday's trading. The Federal Reserve Chairman signaled yet again that tight monetary policy is likely to continue, dampening the market's bullish sentiment. S&P 500 and Nasdaq 100 futures contracts fell by 0.4% and 0.5% respectively. The recent US employment data cemented Chairman Powell's assessment from yesterday.

This image is no longer relevant

European stock indices are also in the red following a slump in the industrial sector, with the Stoxx index down around 1%, a fourth consecutive day of losses. UK shares weakened after the Bank of England raised its key interest rate more than economists anticipated, stoking fears that the economy could plunge into a recession.

The regulator boosted the base rate by 50 basis points to 5%, doing its best to curb inflation, which is lingering at 8.7%, higher than economists expected. Market participants now believe the Bank of England's benchmark rate will exceed 6% by year's end.

Central banks' battle against inflation is far from over. Rates will likely continue to rise, contradicting market participants' hopes of a nearing peak. This prompted investors to reconsider their optimism triggered by the Fed's rate freeze last week, piling more pressure in the stock market.

Recession risks are now higher than before. It appears that rates will remain at their peaks for a longer period than initially forecasted, but for some reason, the risk assets market seems to be turning a blind eye to this. Talks about a hard landing in the US have also resumed due to prospects of tighter policy, leading to a 1% yield curve inversion for Treasury bonds, the first since March this year.

During his speech yesterday, Powell stressed the need to tame inflation, stating that two more rate hikes this year would be a "pretty good option."

This image is no longer relevant

Earlier, the Central Bank of Norway raised its key deposit rate by 50 basis points to 3.75%, marking the 11th base rate hike since September 2021.

Meanwhile, the Turkish lira fell to a record low against the dollar after the central bank revised its exchange rate.

As for the S&P 500 index, demand for the trading instrument is decreasing. Buyers have a chance to maintain the upward trend but bulls should settle the price at $4,383 and $4,416, pushing the index higher to $4,447. Bulls also should protect $4,488, which would strengthen the bull market. If the index declines due to reduced risk appetite, bulls should defend $4,350. Breaking this level, the trading instrument may plummet to $4,320 and $4,290.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Fundamental analysis
The Dollar Has Been Replaced. Nature Abhors a Vacuum Fear paralyzes, but action persists. Investors are slowly overcoming their concerns over Donald Trump's attacks on the independence of the Federal Reserve and are starting to lock in profits
Marek Petkovich
00:08 2025-04-23 +02:00
1075
Fundamental analysis
Bitcoin Took Its Chance Slow and steady wins the race! Bitcoin quietly broke through to its highest levels since early March amid Donald Trump's attacks on Jerome Powell. When the independence of the Federal
Marek Petkovich
00:08 2025-04-23 +02:00
1060
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Stock market review for April 22: S&P 500 and Nasdaq extend losses

The US stock market closed lower in the most recent regular session. The S&P 500 fell by 2.36%, while the Nasdaq 100 lost 2.45%. The Dow Jones Industrial Average dropped
Jakub Novak 11:26 2025-04-22 UTC+2

Stock Market Update for April 21st: S&P 500 and NASDAQ Resume Decline Amid New Rumors

At the close of the previous regular session, U.S. stock indices ended mixed. The S&P 500 gained 0.13%, while the Nasdaq 100 slipped 0.13%. The industrial Dow Jones dropped 1.33%
Jakub Novak 11:57 2025-04-21 UTC+2

US market: Trump blasts Fed Chair Powell, but stocks hold steady

S&P 500 Overview for April 18 US market: Trump blasts Fed Chair Powell, but stocks hold steady Major US indices on Thursday: Dow -1.3%, NASDAQ -0.1%, S&P 500 +0.1%, S&P
Jozef Kovach 10:34 2025-04-18 UTC+2

Stock Market Outlook for April 18: S&P 500 and NASDAQ Attempt to Stabilize

At the close of the previous regular trading session, U.S. stock indices ended mixed. The S&P 500 rose by 0.13%, while the Nasdaq 100 fell by 0.13%. The industrial
Jakub Novak 08:00 2025-04-18 UTC+2

US market: Powell expresses concerns about economy. Marker drops

S&P 500 Report for 17.04 US market: Powell warns of economic slowdown. stocks drop Major US indices on Wednesday: Dow -1.7%, NASDAQ -3.1%, S&P 500 -2.2%. The S&P 500 closed
Jozef Kovach 11:32 2025-04-17 UTC+2

US stock market update on April 17. SP500 and NASDAQ plummet after Powell's remarks

Following the previous regular session, US stock indices closed with a sharp decline. The S&P 500 fell by 2.24%, the Nasdaq 100 dropped by 3.07%, and the Dow Jones Industrial
Jakub Novak 11:31 2025-04-17 UTC+2

US stock market on April 16: S&P 500 and NASDAQ resume declines

Following the previous regular session, US stock indices closed slightly lower. The S&P 500 slipped by 0.17%, the Nasdaq 100 edged down 0.05%, and the Dow Jones Industrial Average dropped
Jakub Novak 12:22 2025-04-16 UTC+2

US market remains resilient despite tariff turbulence from Trump

S&P 500 Overview for April 16 The US market remains resilient despite tariff turbulence from Trump Major US indices on Tuesday: Dow -0.4%, NASDAQ 0%, S&P 500 -0.2%, S&P
Jozef Kovach 11:50 2025-04-16 UTC+2

S&P 500 and Nasdaq 100: direct signals from earnings and geopolitics

Tuesday's premarket opens with uncertainty, a state that often precedes a storm rather than calm on Wall Street. The S&P 500 futures are sliding toward 5,420 after a strong Monday
Anna Zotova 11:52 2025-04-15 UTC+2

US market at crossroads: up or down?

Overview for April 15 US market at crossroads: up or down? Major US indices on Monday: Dow +0.8%, NASDAQ +0.6%, S&P 500 +0.8%, S&P 500: 5,405, trading range: 5,100–5,800. Stocks
Jozef Kovach 11:52 2025-04-15 UTC+2

Top analytics

Relevance up to 02:00 UTC--4
Why the U.S. Dollar Keeps Falling
11:12 2025-04-22
Fundamental analysis
Relevance up to 03:00 UTC--4
China Issues a Warning
11:25 2025-04-22
Fractal analysis
Relevance up to 06:00 UTC--4
XAU/USD. Analysis and Forecast
19:02 2025-04-22
Fundamental analysis
Relevance up to 02:00 UTC--4
EUR/USD: Simple Trading Tips for Beginner Traders on April 22. Review of Yesterday's Forex Trades
08:11 2025-04-22
Forecast
Relevance up to 09:00 UTC--4
GBP/USD Analysis on April 22, 2025
20:05 2025-04-22
Wave analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.