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
05.09.2023 01:02 PM
US premarket on September 5: US stock market approaches peak
Open trading account Open demo account

Futures on US stock indexes opened in the red but quickly rebounded from all the losses compared to Friday's closing levels. S&P 500 futures gained 0.1%, while the high-tech NASDAQ added 0.2%. Meanwhile, European stock indices dropped after the release of weak economic data from the Eurozone and China, and the single currency plunged to nearly a three-month low against the US dollar. The Stoxx 600 index lost 0.8%, declining for the fifth consecutive day. US Treasury bond yields increased after the US holiday.

This image is no longer relevant

In China's services sector, August saw the slowest growth this year, confirming that the economic recovery is losing momentum, dampening previous optimism about government stimuli. In Europe, the composite Purchasing Managers' Index (PMI) turned out worse than the preliminary estimate, remaining below 50 points for the third consecutive month, indicating a contraction in activity.

These trends reveal concerns among risk-averse investors regarding the Eurozone situation. Survey data indicates that the economy is heading toward a recession, and no one seems willing to address it for now. This also raises questions about how aggressively the ECB will act in the future. During Christine Lagarde's recent speech, she evaded answering whether the European Central Bank would raise or maintain interest rates next week.

As previously noted, disappointing PMI figures from China exerted significant pressure on European stock sectors influenced by the world's second-largest economy. Companies involved in luxury goods and consumer products, such as LVMH, Kering, and Adidas (sportswear manufacturer), lost over 2%. In a rare piece of good news, Country Garden Holdings Co. stated that it had made coupon payments on its two-dollar bonds during the grace period. The real estate developer, once a symbol of China's property woes, now suggests increasing principal debt repayments by eight yuan and extending the payment term. Additional measures from Beijing to stimulate credit growth are also anticipated soon.

All these discouraging data points prompt the market to support the US dollar. Higher US Treasury bond yields also sustain demand for USD after yesterday's holidays.

Regarding other countries, Brent crude fell for the first time in six days, losing 0.9% and now trading around $88.22 per barrel.

This image is no longer relevant

As for the S&P 500, demand for the index remains, but upward potential is limited. Bulls need to take control above $4,515. Only from this level, the index may surge to $4,539. Bulls also should maintain control over $4,557, which would bolster the bullish market. If downward movement occurs due to declining risk appetite, bulls will have to protect $4,488. A breakthrough would quickly push the trading instrument back to $4,469 and open the path to $4,447.

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
Donald Trump Plans to Suppress the Uprising For several consecutive days, protests and unrest have continued in some major U.S. cities, sparked by Donald Trump's new immigration policy. This time, the U.S. President has decided to deport
Chin Zhao
00:35 2025-06-12 +02:00
1135
Fundamental analysis
EUR/USD. In the Shadow of the Trade Deal: U.S. Inflation Report Pressures the Greenback A mixed U.S. inflation report pressured the greenback. The dollar index returned to 98.00, while the EUR/USD pair refreshed its weekly high, rising to 1.1491. Additional pressure on the U.S
Irina Manzenko
00:35 2025-06-12 +02:00
1165
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

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

Stock Market as of May 10th: S&P 500 and NASDAQ

At the close of the previous regular session, U.S. stock indices showed strong gains. The S&P 500 rose by 0.09%, and the Nasdaq 100 jumped by 0.31%. The industrial
Jakub Novak 09:50 2025-06-10 UTC+2

S&P 500 Forecast for June 10, 2025

On the weekly chart, the price has broken above the MACD line today, and the week opened above the intermediate level of 5998. The Marlin oscillator is showing a confident
Laurie Bailey 04:46 2025-06-10 UTC+2

Update on US stock market on June 5

S&P500 The US stock market comes to a halt ahead of the US nonfarm payrolls Snapshot of major US indices on Wednesday: Dow -0.2%, NASDAQ +0.3%, S&P 500 flat
Jozef Kovach 12:49 2025-06-05 UTC+2

Top analytics

Relevance up to 02:00 UTC--5
GBP/USD. June 11th. UK Unemployment and US Inflation
10:56 2025-06-11
Technical analysis
Relevance up to 02:00 2025-06-13 UTC--5
The U.S. and China: A Small Step Forward. What's Next? (Potential for a reversal and decline in EUR/USD and NZD/USD pairs)
09:52 2025-06-11
Fundamental analysis
Relevance up to 03:00 UTC--5
Results of the Second Round of U.S.–China Negotiations
11:32 2025-06-11
Fundamental analysis
Relevance up to 19:00 UTC--5
GBP/USD Overview – June 11. What Will Inflation Influence?
03:31 2025-06-11
Fundamental analysis
Relevance up to 19:00 UTC--5
Trading Recommendations and Analysis for GBP/USD on June 11: The Pound Pauses Before a New Surge
03:31 2025-06-11
Trading plan
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.