American shares keep soaring

American shares keep soaring

On Monday, Wall Street opened up due to a dive in tension in the trade relations between China and America. At the beginning of the week, the market is still demonstrating an uptrend.

The Dow index soared by 0.38%, the S&P 500 managed to acquire 0.38%, while the high-tech Nasdaq 100 gained by 0.43%.

On Monday, market participants are ready to proceed with the rate hike after a steep soar in quotations by more than 2% the previous week, which turned to be the largest jump in the week since March. The Dow index is ready to ascend the eighth consecutive session.

Investor sentiment has improved in the face of the apparent warming in the trade relations between China and the United States right after US President Donald Trump told at the weekend that he’s on the verge of helping Chinese telecommunications company ZTE to resume work.

This statement was made on the eve of the second round of negotiations between America and China, which will burst out on Tuesday. However, Beijing indicated that it’s not going to change its current position in the trade conflict.

On Monday, there aren’t any plans to publish any crucial American reports, so market participants will focus on information on the pace of further interest rate lift by the Federal Reserve this year.

The financial markets have already fully taken into account the lift of the interest rate as a result of the Fed gathering that will end on June 13. As for the next lift, it’s forecast for September. However, investors are still arguing whether the fourth rate lift will occur this year in December or not.

The evergreen buck keeps diving against the basket of other key currencies. The US dollar turns to be cheaper for the fourth consecutive session.


Latest news

Gold and Bitcoin Rise, Fed is Eyed
Gold and Bitcoin Rise, Fed is Eyed

Today the Fed will make a policy statement at 21:00 GMT+3. This event will affect all the currency pairs with the USD and thus almost the all Forex market!

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera