empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
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
07.10.2022 01:07 PM
US Premarket on October 7: US stock markets froze in anticipation of reports
Open trading account Open demo account

Futures on US stock indices are trading near the opening level of the day after yesterday's sharp decline due to fears that the US labor market once again painlessly survived September, keeping the economy in excellent shape. Investors are also waiting for the latest payroll report, which will provide clues about the trajectory of monetary policy in the near future, as many Federal Reserve officials continue to deny stopping rate hikes next year.

This image is no longer relevant

Nasdaq 100 futures fell 0.3%, offsetting deeper losses amid a pre-sale decline in semiconductor stocks. Futures for the S&P 500 index are trading near zero, as is the industrial Dow Jones.

US bond yields are nearing a 10-week high - the longest streak of gains since 1984, as the Fed insists on a further decisive fight against inflation despite recent data indicating a cooling economy. As noted above, against this background, investors are vacillating between hopes for an end to monetary policy tightening by March next year and fears of a deep recession, which such a reversal will emphasize.

Caution remains ahead of the US employment report. Given the repeated hawkish comments of Fed policymakers, today's data may be enough to sustain further aggressive policy support.

The main Stoxx 600 index in Europe was almost unchanged after a two-day decline.

Investors are also starting to pay attention to the first reports of companies for the 3rd quarter of this year. In addition to the disappointing report from the European oil company Shell, bad data from AMD, and South Korean Samsung Electronics Co., fears about the onset of a recession in the global economy are increasing.

As noted above, the US employment report will put everything in its place: according to forecasts, employers added another 255,000 jobs in September. It is also expected that the unemployment rate will remain at around 3.7%, slightly above a fifty-year low.

As for the hawkish comments of the Fed representatives yesterday, Chicago Fed President Charles Evans said that the key rate is likely to be at 4.5-4.75% by next spring. Moreover, Neel Kashkari of the Minneapolis Fed said that the central bank is still very far from suspending its campaign to raise rates.

US crude futures rose to $89 per barrel, the biggest weekly jump since March this year.

This image is no longer relevant

As for the technical picture of the S&P500, after yesterday's decline, the market took a pause. Trading below $3,773 creates some difficulties for a further bullish rally. The bulls will expect a second spurt to $3,773 after strong data on the US economy, leaving hope for a further upward correction. The breakdown of $3,773 will support a new upward momentum, already aimed at the resistance of $3,801. The furthest target will be in the area of $3,835. In the case of a downward movement, the bulls will declare themselves in the area of $7,735. But a breakdown of this range will quickly push the trading instrument to $3,706 and $3,677 and open up the possibility of updating support at $3,648. Below this range, you can bet on a larger sell-off of the index to a minimum of $3,608, where the pressure may ease a little.

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
USD/CAD. Analysis and Forecast The USD/CAD pair is showing a modest recovery from levels below 1.3600, retracing most of the previous day's losses, supported by a rebound in the U.S. dollar. In addition, concerns
Irina Yanina
13:09 2025-06-13 +02:00
3820
Fundamental analysis
AUD/JPY. Analysis and Forecast The AUD/JPY pair has been under selling pressure for the third consecutive day, reaching an almost two-week low around 92.30 during Friday's Asian session. After a sharp drop, spot prices
Irina Yanina
12:53 2025-06-13 +02:00
2995
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 on May 13th: S&P 500 and NASDAQ

During the previous regular session, U.S. stock indices closed higher, but the situation changed dramatically afterward. The S&P 500 rose by 0.38%, the Nasdaq 100 gained 0.24%
Jakub Novak 12:17 2025-06-13 UTC+2

US Market: Israel strikes Iran's nuclear facilities. Market falls, oil and gold rise

S&P 500 Overview on 13.06 US Market: market declines following Israel's strikes on Iran Key US indices on Thursday: Dow +0.2%, Nasdaq +0.2%, S&P 500 +0.4%, S&P 500 at 6045
Jozef Kovach 11:59 2025-06-13 UTC+2

Stock market on June 12: SP500 and NASDAQ slightly drop

At the close of the last regular trading session, US stock indices ended lower. The S&P 500 fell by 0.27%, while the Nasdaq 100 dropped 0.50%. The Dow Jones Industrial
Jakub Novak 12:00 2025-06-12 UTC+2

Financial plateau or springboard? What is behind the market's pause in growth?

The US market is holding its ground but no longer advancing. It has reached its projected peak yet has not found fresh energy for the next leg up. The week
Anna Zotova 14:09 2025-06-11 UTC+2

Update on US stock market on June 11

S&P500 Snapshot of major US stock indexes on Tuesday: Dow +0.3%, NASDAQ +0.6%, S&P 500 +0.6%, S&P 500 at 6,038, range 5,400–6,200. The stock market rose on Tuesday, supported
Jozef Kovach 14:06 2025-06-11 UTC+2

Optimism wearing thin: market to sustain new impulse?

The US stock market continues to maintain its upward momentum, yet the atmosphere is increasingly charged with anticipation. Wednesday's inflation report and corporate earnings from key players are setting
Anna Zotova 12:12 2025-06-11 UTC+2

Stock Market on May 10th: S&P 500 and NASDAQ Resume Growth Amid Negotiation Results

At the close of the previous regular session, U.S. stock indices ended in positive territory. The S&P 500 rose by 0.55%, while the Nasdaq 100 jumped by 0.63%. The industrial
Jakub Novak 10:25 2025-06-11 UTC+2

US market rallies on jobs data

S&P 500 Overview for June 9 US market rallies on nonfarm payrolls data Major US indices on Friday: Dow +1%, NASDAQ +1.2%, S&P 500 +1%, S&P 500: 6,000, trading range
Jozef Kovach 13:51 2025-06-10 UTC+2

Stock Market Overview on May 9: S&P 500 and NASDAQ post sharp gains

US equity benchmarks ended the previous regular session with a pronounced surge. The S&P 500 gained 1.03%, while the Nasdaq 100 jumped 1.20%. The industrial Dow Jones added 1.05%. Asian
Jakub Novak 13:29 2025-06-10 UTC+2

Week before Fed's decision: how indices may react if inflation derails scenario

The US market is showing resilience and growing amid uncertainty. Optimism is fragile, and each new macroeconomic data release is like a roll of the dice. Further growth
Anna Zotova 13:21 2025-06-10 UTC+2

Top analytics

Relevance up to 07:00 2025-06-27 UTC--5
Trading Signals for GOLD for June 13-19, 2025: sell below 3,343 (21 SMA - 8/8 Murray)
14:12 2025-06-13
Technical analysis
Relevance up to 08:00 2025-06-17 UTC--5
The Dollar Flees the Battlefield
00:20 2025-06-13
Fundamental analysis
Relevance up to 03:00 2025-06-16 UTC--5
US Market: Israel strikes Iran's nuclear facilities. Market falls, oil and gold rise
11:59 2025-06-13
Stock Markets
Relevance up to 02:00 2025-06-18 UTC--5
Greed Will Do the Market No Good
09:35 2025-06-13
Fundamental analysis
Relevance up to 07:00 2025-06-18 UTC--5
Trading Signals for EUR/USD for June 13-19, 2025: buy above 1.1500 (21 SMA - 7/8 Murray)
14:14 2025-06-13
Technical 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.