Forex Analysis & Reviews: 01.08.2022 - Stock markets start week...

Live Chat

Equipe InstaForex Loprais - Participante oficial do rali Dakar

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

Abertura de Conta

Veja também

Condições de Negociações

Análise Forex

Gráficos

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

Como começar a negociar

Informação útil

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

Sistema PAMM

Sistema ForexCopy

Investimentos passivos

Contas OYS

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

Página Principal

Área do Parceiro

Vantagens para Afiliados

Registro

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

Concursos

Eventos

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

Fórums

Estamos nas redes sociais

Humor Forex

Portal Forex

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

História

Porque nos escolher

InstaSport

Regulamentação

Notícias da Empresa

Premiações

Estrelas da InstaForex

InstaForex Offline

Headquarters

Principais documentos

Responsabilidade Social

Equipe InstaForex Loprais - Participante oficial do Rali Dakar

01.08.2022 05:17 PM

Stock markets start week with corrections

US stocks fell as the rally that led them to their best month since 2020 proved unsustainable as central banks repeated that higher interest rates were necessary to control inflation despite rising recession risks.

The S&P 500 and Nasdaq 100 opened lower on the best month for stocks since the year of the coronavirus year. US Treasury yields steadied with the10-year rate at 2.63%, well down from June's peak near 3.50%. The dollar dropped ahead of data that is expected to show a slowdown in US manufacturing for July.

Geopolitical tensions also kept markets on edge, with China again warning that its military would take action if House Speaker Nancy Pelosi made a landmark visit to Taiwan.

European stock indexes also started the week lower:

Traders speculate that the Federal Reserve will soften its anti-inflationary campaign and opt for a slower rate hike after data showed the US economy had contracted in the second quarter. While that sentiment led to a market reversal in July after historic losses in the first half of the year, some Fed officials downplayed recession risks during the weekend and reinforced the message that higher rates were necessary to relieve price pressures.

Despite a 12.6% advance from a low on June 16, the S&P 500 could face an ugly stretch. Wall Street lore considers October is the most dangerous month for the stock market because of crashes in 1929, 1987, and 2008. But August and September are actually worse, with the S&P 500 averaging declines of 0.6% and 0.7% respectively, over the past 25 years.

While more than half of the S&P 500 companies that reported earnings so far have beat analysts' estimates, the rate of earnings beats is still trailing the average pace set in the last five quarters. And companies are worried about the economy, with executives and analysts on track to use phrases related to an economic slowdown in the first quarter.

The Moscow Exchange Russia Index is testing a technical resistance level near 2,200 and the bears are currently dominant:

What to watch this week:

Airbnb, Alibaba and BP are among earnings reports;
US construction spending, ISM manufacturing, Monday;
Reserve Bank of Australia rate decision, Tuesday;
US JOLTS job openings, Tuesday;
Chicago Fed President Charles Evans, St. Louis Fed President James Bullard due to speak at separate events, Tuesday;
OPEC + meeting on output, Wednesday;
US factory orders, durable goods, ISM services, Wednesday;
BOE rate decision, Thursday;
US initial jobless claims, trade, Thursday;
Cleveland Fed President Loretta Mester due to speak Thursday;
US employment report for July, Friday.

You have already liked this post today

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.