Market Update – May 1 – Bullish End & Bullish Start?





The end of April was very bullish with Treasury and Wall Street closing in the green for the month. Earnings news is better than most expected Big techAnd data reflecting a still-resilient economy helped push major indices higher.

today, American dollar To the top, it extends to 101.60. Wall Street is steadier despite the upcoming Fed hike, while all attention is on the First Republic. The Wall Street Journal reported that:Federal regulators were about to take over First Republic Bank (-43.34% Friday) and sell it to a larger lender. c. B. Morgan Chase (JPM), Bank of America (Buck) and PNC Financial Services Group (PNC), Citizens Financial Group (CFG) and US Bancorp (USB) were too It is said Invited to bid”- This would mark the third US bank failure this year. China Manufacturing activity contracted unexpectedly in April.
  • FXUSD rose to a high level 101.60. US dollar / Japanese yen Continue to expand winnings to 136.98, Amidst uncertainty in the market and regarding the Bank of Japan’s commitment to Uber’s accommodative stance.
  • Stores – the 500 USD even in +0.13% to 4,193.75, the United States 30 silent to 34209 and US100 +0.27% at 13,356.

  • Goods – USOil He falls $75.80 After data from China reignited concerns about an uneven recovery in the world’s largest importer of crude.
  • gold – in 1979 dollars.
  • Digital currencies BTC may fall back to $28173 from 30 thousand dollars heights.

The largest forex engine @ (06:30 GMT) Australian dollarsJPY (+0.88%) breathing under 91.00. The moving averages align up, the MACD histogram and the signal line are going upStochastics at 93 and flattened.

click here To access our economic calendar.

Andrea Pechedy

Market analyst

Disclaimer: This material is provided as general marketing communication for informational purposes only and does not constitute independent investment research. Nothing in this communication contains, or should be deemed to contain, investment advice, investment recommendation or solicitation for the purpose of buying or selling any financial instrument. All information provided is collected from reputable sources and any information containing an indication of past performance is not a guarantee or a reliable indicator of future performance. Users acknowledge that any investment in leveraged products is characterized by a certain degree of uncertainty and that any such investment involves a high level of risk for which the Users are solely responsible. We accept no liability for any loss arising from any investment made based on the information contained in this communication. This communication must not be reproduced or further distributed without our prior written permission.






previous articleApple: Can it break the rising wedge structure after the earnings report?

Having completed her five-year studies in the UK, Andrea Beschedi obtained a BSc degree in Mathematics and Physics from the University of Bath and a Masters degree in Mathematics, while obtaining a Postgraduate Diploma (PGdip) in Actuarial Science from the University of Bath. University of Leicester.


BullishmarketStartUpdate