empty
04.04.2022 01:58 PM
US and European stock markets slow down

This image is no longer relevant

Last week, US and European futures declined as traders were monitoring the situation in Ukraine. Negotiators from Russia and Ukraine may resume video talks today. Some EU governments are pushing for tougher sanctions on Russia.

This image is no longer relevant

Oil steadied at nearly $100 a barrel as traders anticipated demand amid a Covid outbreak in China and use of strategic reserves to boost supply and curb higher energy costs.

European gas prices rose last week and are trading at 1,286:

This image is no longer relevant

Cold weather in the EU also affects European companies' profitability, rising production, and transportation costs amid high gas and gasoline prices.

This image is no longer relevant

The Treasury yield curve is flashing more warnings that economic growth will slow as the Fed raises rates to tame inflation stoked in part by commodities. The two-year US yield has exceeded the 30-year for the first time since 2007, joining inversions in other parts of the curve.

This image is no longer relevant

The Fed minutes on Wednesday will shape views on the odds of a half percentage-point rate increase in May and provide key details on how the central bank will shrink its balance sheet.

"It would not be surprising to see yields rise further from here and it is very hard to know where they will land," Angela Ashton, founder and director of investment consulting firm Evergreen Consultants wrote in a note.

New York Fed President John Williams said on Saturday that a "sequence of steps" could get rates back to more normal levels. Mary Daly, president of the San Francisco Fed, said in an interview published on Sunday that rising inflation and a tight labor market strengthened the case for a half-point May hike.

A strong jobs report on Friday strengthened the case for the Fed to raise borrowing costs. The US added 431,000 jobs in March, while the unemployment rate dropped to 3.6% near its pre-pandemic low.

China's markets are closed for holidays. Moreover, around 25 million people in Shanghai remain locked down. State media also reported a new subtype of the omicron variant.

The Russian stock market recovered for the second week in a row amid unprecedented sanctions, gas sales to some "unfriendly" countries with payment in rubles and the peace talks.

This image is no longer relevant

Key events to watch this week:

  • Reserve Bank of Australia rate decision, Tuesday.
  • Fed Governor Lael Brainard speaks, Tuesday
  • Federal Reserve minutes, Wednesday
  • China Caixin composite and services PMI, Wednesday
  • EIA crude oil inventory report, Wednesday
  • Philadelphia Fed President Patrick Harker speaks, Wednesday
  • St. Louis Fed's James Bullard, Atlanta Fed's Rafael Bostic, Chicago Fed's Charles Evans speak at separate events, Thursday
  • Reserve Bank of India rate decision, Friday
Andrey Shevchenko,
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
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Update on US stock market on May 23. Correction underway

S&P500 Correction underway on May 23 Snapshot of major US stock indexes on Thursday: Dow -1.4%, NASDAQ +0.3%, S&P 500 0%, S&P 500 at 5,842, range 5,400–6,200. Thursday's session began

Jozef Kovach 14:53 2025-05-23 UTC+2

Market approaches its peak: final surge or new pullback?

Investors are increasingly sensing cracks in the foundation beneath them. This week's approval of a large-scale fiscal package by the Trump administration with promises of tax cuts and boosted military

Anna Zotova 13:05 2025-05-23 UTC+2

S&P 500 Forecast for May 23, 2025

In the daily timeframe, the price consolidates below the green line of the ascending price channel, with a target level 5908. This likely indicates preparation to break through resistance levels

Laurie Bailey 05:16 2025-05-23 UTC+2

Update on US stock market on May 22

S&P500 Snapshot of benchmark US stock indices on Wednesday: Dow -1.9%, NASDAQ -1.4%, S&P 500 -1.6%, S&P 500 at 5,844, range 5,400–6,200. Yesterday, the stock market hit a wall

Jozef Kovach 11:06 2025-05-22 UTC+2

Stock Market Buy and Sell Recommendations – May 22, 2025

Buy Google Shares (#GOOG) Google, a multinational corporation within Alphabet Holdings, specializes in internet search, cloud computing, and advertising technologies. After the price consolidated above the 165.21 level (the

Laurie Bailey 05:06 2025-05-22 UTC+2

US market pulls back. Correction in sight?

S&P 500 Overview for May 21US market pulls back. Correction in sight? Major US indices on Tuesday: Dow -0.3%, NASDAQ -0.4%, S&P 500 -0.4%.S&P 500: 5,940, trading range: 5,400-6,200

Jozef Kovach 12:41 2025-05-21 UTC+2

Update on US stock market on May 20. Market holding gains without any correction

S&P500 Update on US stock market on May 20. Market holding gains without any correction Snapshot of benchmark US stock indices on Monday: Dow +0.3%, NASDAQ +0.0%, S&P 500 +0.1%

Jozef Kovach 11:00 2025-05-20 UTC+2

US credit rating downgrade raises odds of market correction

S&P 500 Overview for May 19 US credit rating downgrade raises odds of market correction Major US indices on Friday: Dow +0.8%, NASDAQ +0.5%, S&P 500 +0.7% S&P 500: 5,958

Jozef Kovach 12:32 2025-05-19 UTC+2

US Market: stalling below yearly highs

S&P 500 Overview for May 15 US Market: stalling below yearly highs Performance of the key US indices on Wednesday: Dow -0.2% | NASDAQ +0.7% | S&P 500 +0.1% S&P

Jozef Kovach 12:59 2025-05-15 UTC+2

Stock market buy and sell recommendations for May 15, 2025

Buying JP Morgan Chase shares (#JPM) JP Morgan Chase is an American multinational financial conglomerate. On the weekly chart, the stock has accelerated to the upside, likely aiming to reach

Laurie Bailey 12:56 2025-05-15 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

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.