High inflation continues to keep Wall Street under pressure as investors are deeply concerned about Fed's next move. Despite the predominant positivism among investors, the market reaction shows strong caution. Minutes before the end of the US session volumes jumped significantly, but in favor of vendors. A quick look at cash flows shows that the outflow of shares in the SP500 has increased more than five times in just a few minutes, bringing the index down to 0.71%:
The unusual behavior of gold is again in force, depreciating by nearly 2% with the indices. The yen remains static, suggesting that temporary downward movements in the indices are short-lived, and investors have long hedged their positions.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% 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.