
What are the forecasts for silver, platinum and palladium?
Don’t waste your time – keep track of how NFP affects the US dollar!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
Information is not investment advice
S&P 500 is widely considered as the best measure of the US stock market and an indicator of the overall US economic health. Therefore, you can look at the performance of the S&P 500 and get a good overview of what was going on during the chosen period.
S&P 500 dropped enormously at the beginning of 2020 amid the market crash after the Covid-19 outbreak. The stock index experienced an unprecedented swing down from 3 400 to 2 200. Since then, S&P has regained its losses and even outrun as the market shock passed and businesses started to adapt to the new conditions.
The year-end is getting closer, but most economies still haven’t been able to return to pre-crisis levels. Analysts predict that some countries will fully recover only by the end of 2021, while others only by 2022. Luckily, widespread vaccinations have already started, and that will help to take the Covid-19 spread under control. It added optimism to the market, and S&P 500 surged on hopes for further economic growth and prosperity. In fact, stocks always fall before a recession and rise ahead of recovery.
According to Goldman Sachs, the stock rally will continue in 2021 as the global economy will regain pre-pandemic levels after the vaccine rollout. The price target for 2021 is 4 300 and for 2022 – 4 600! Goldman Sachs explains such a huge increase by a surge in corporate profits next year in the technology, materials, and consumer-discretionary sectors.
Note that to trade S&P 500 with FBS, you need S&P 500-21H, which will expire on March 19.
What are the forecasts for silver, platinum and palladium?
USD/CAD continues dipping. Follow US jobless claims and the speech of Fed’s Powell!
How may the USD be impacted by the impeachment process? Read and prepare.
Jump in to get the technical analysis of GBP/JPY and GBP/USD!
How to trade the gold price while it's oscillating between 1 837 and 1 864? Read the article, and you'll know how!
US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world's largest economy and accelerate its response to COVID-19
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later