empty
bd
অনুসন্ধান
Support
Instant account opening
Trading Platform
Deposit/Withdraw
অনুসন্ধান
নতুনদের জন্য ট্রেডারদের জন্য পার্টনারদের জন্য বিরতি নিন About InstaSpot
bd
For Traders
ফরেক্স বিশ্লেষণ
Stock Markets

20.03.202512:19 ফরেক্স বিশ্লেষণ এবং পর্যালোচনা: US market rallies as Fed holds rates steady

Exchange Rates 20.03.2025 analysis

S&P500

Overview for March 20

The US market rallied as the Fed left interest rates unchanged.

Key US indices on Wednesday: Dow: +0.9%, NASDAQ: +1.4%, S&P 500: +1.1% (S&P 500: 5,675, trading range: 5,500–6,000).

The US stock market saw gains midweek. Optimism was present at the start of trading, and buying interest increased following the FOMC decision at 2:00 PM ET and the subsequent press conference by Fed Chair Jerome Powell.

The major indices closed near their session highs after the Federal Open Market Committee unanimously decided to keep interest rates unchanged, maintaining the target range at 4.25%–4.50% following the vote.

Fed Governor Christopher Waller expressed dissent—not regarding the rate decision itself, but concerning the pace of balance sheet reduction. His proposal to maintain the current rate of Fed securities roll-off was rejected as the committee decided to slow the monthly sale of Treasury securities from $25 billion to $5 billion starting April 1, while keeping the mortgage-backed securities cap at $35 billion.

The committee's directive also acknowledged growing economic uncertainty, while reaffirming that the Fed remains attentive to both aspects of its dual mandate.

The latest Summary of Economic Projections (SEP) complicates the outlook.

The Fed lowered its GDP growth forecast for 2025 from 2.1% to 1.7%. At the same time, it raised its PCE inflation forecast from 2.5% to 2.7% (core PCE increased from 2.5% to 2.8%). Despite this, the median projection for the federal funds rate remained at 3.9%, implying expectations for two rate cuts this year.

Weaker growth estimates with persistent inflation projections suggest that the Fed is focusing on stubborn inflation rather than slowing growth.

During his press conference, Fed Chair Jerome Powell reiterated that there is no rush to adjust the Fed's policy stance. He cautioned that it would be very challenging to say with confidence how much inflation stems from tariffs versus other factors.

Powell suggested that the baseline scenario assumes tariff-driven inflationary pressures will be temporary, adding that the last time tariffs were introduced, the resulting price increases were also short-lived.

Large-cap stocks led the rally, rebounding after yesterday's decline. The Vanguard Mega Cap Growth ETF (MGK) closed 1.4% higher.

A sharp drop in bond yields also supported equities. The 10-year Treasury yield fell by 3 basis points to 4.26%. The 2-year Treasury yield dropped by 6 basis points to 3.98%.

Year-to-date performance:

Dow Jones Industrial Average: -1.4%, S&P 500: -3.5%, S&P Midcap 400: -4.4%, Russell 2000: -6.6%, Nasdaq Composite: -8.1%

Economic data overview:

Weekly MBA Mortgage Applications: -6.2% (previous: +11.2%)

EIA Crude Oil Inventories: +1.75M barrels (previous: +1.45M barrels)

Looking ahead to Thursday, market participants receive the following data:

8:30 AM ET:

  • Initial Jobless Claims (Consensus: 220K; Previous: 220K)
  • Continuing Jobless Claims (Previous: 1.87M)
  • Q4 Current Account Balance (Consensus: -334.0B USD; Previous: -131.4B USD)
  • Philadelphia Fed Index for March (Consensus: 10.0; Previous: 18.1)
  • 10:00 AM ET:
    • Existing Home Sales for February (Consensus: 3.95M; Previous: 4.08M)
    • Leading Indicators for February (Consensus: -0.2%; Previous: -0.3%)
  • 10:30 AM ET:
    • Weekly Natural Gas Inventories (Previous: -62B cubic feet)

Energy market: Brent crude: $71.10 – Oil has climbed back above $71, following improved sentiment in the US market.

Conclusion: The US market has signaled its intention to end the correction and start a new rally. However, there are doubts as to whether the S&P 500 index can break through the strong resistance level of 6,000 —but the probability of reaching this mark remains high. It makes sense to hold long positions from support levels at least until this target is reached.

*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।

Jozef Kovach,
Analytical expert of InstaSpot
© 2007-2025
বিশ্লেষকদের পরামর্শসমূহের উপকারিতা এখনি গ্রহণ করুন
ট্রেডিং অ্যাকাউন্টে অর্থ জমা করুন
ট্রেডিং অ্যাকাউন্ট খুলুন

ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।

আরও দেখুন

ফরেক্স বিশ্লেষণ এবং পর্যালোচনা
সব বিশ্লেষণ
Stock Markets
Hot forecast
Trading plan
Crypto-currencies
Trend line
Video analytics
Instrument:
EURUSD
GBPUSD
USDCHF
USDCAD
USDJPY
AUDUSD
GBPJPY
EURGBP
EURJPY
NZDUSD
EURNZD
Silver
Gold
#USDX
COVID-19
Bitcoin
ফটোনিউজ
সব ফটোনিউজ

ফরেক্স নিউজ
  • 2025-04-24 10:52:02
    Palm Oil Slips After Two-Day Rally
    কুইক শো
    2025-04-24 10:52:02
    EU Car Registrations Edge Down 0.2% in March
    কুইক শো
    2025-04-24 10:52:02
    US 10-Year Yield Holds Steady
    কুইক শো
    2025-04-24 10:52:02
    Romania's Car Market Plummets: March Registrations Drop by 16.3%
    কুইক শো
    2025-04-24 10:52:02
    Romanian Car Registrations Surged by 8.40% in March 2025, Year-over-Year
    কুইক শো
    2025-04-24 10:52:02
    Hungary's Car Registrations Rev Up in March: A Sharp 2.40% Uptick Year-over-Year
    কুইক শো
    2025-04-24 10:52:02
    Hungary Sees Surge in Car Registrations: Sharp Climb in March 2025
    কুইক শো
    2025-04-24 10:52:02
    Slovakia Sees Surprising Surge in Car Registrations in March 2025
    কুইক শো
    2025-04-24 10:52:02
    Slovakia's March Car Registrations Show Economic Rebound with Significant Year-Over-Year Improvement
    কুইক শো
    2025-04-24 10:52:02
    Czech Republic Car Registrations Surge in March, Reversing February Decline
    কুইক শো
  • 2025-04-24 10:52:02
    Hong Kong Falls 0.7% at Finish
    কুইক শো
    2025-04-24 10:52:02
    UK Stocks on Lower Note
    কুইক শো
    2025-04-24 10:52:02
    German Business Moral Rises to 9-Month High
    কুইক শো
    2025-04-24 10:52:02
    Zambia's Consumer Price Index Stagnates at 1.0% in April 2025
    কুইক শো
    2025-04-24 10:52:02
    Zambia's Inflation Rate Holds Steady at 16.5% in April 2025
    কুইক শো
    2025-04-24 10:52:02
    German Business Expectations Dip Slightly in April
    কুইক শো
    2025-04-24 10:52:02
    Slight Uptick in German Business Sentiments as Ifo Index Nudges Upward in April
    কুইক শো
    2025-04-24 10:52:02
    German Economic Sentiment Shows Slight Uptick in April
    কুইক শো
    2025-04-24 10:52:02
    Poland's Unemployment Rate Slightly Declines in March 2025
    কুইক শো
    2025-04-24 10:52:02
    DAX on Negative Note
    কুইক শো
  • 2025-04-24 10:52:02
    Uzbekistan Holds Key Rate at 14%
    কুইক শো
    2025-04-24 10:52:02
    European Markets Lower Amid Lingering Trade Concerns
    কুইক শো
    2025-04-24 10:52:02
    Turkish Business Morale Weakens in April
    কুইক শো
    2025-04-24 10:52:02
    Turkish Capacity Utilization Hits Over 2-Year Low
    কুইক শো
    2025-04-24 10:52:02
    Spain Producer Inflation Slows in March
    কুইক শো
    2025-04-24 10:52:02
    China Stocks Struggle as Trade Worries Linger
    কুইক শো
    2025-04-24 10:52:02
    Czech Republic Consumer Morale Weakens
    কুইক শো
    2025-04-24 10:52:02
    Czechia Business Confidence Falls to 6-Month Low
    কুইক শো
    2025-04-24 10:52:02
    French Consumer Morale Stable
    কুইক শো
    2025-04-24 10:52:02
    Turkey's Capacity Utilization Rate Slightly Declines in April
    কুইক শো
  • 2025-04-24 10:52:02
    Spain's Producer Price Index Reflects Slowdown as it Dips to 4.9% in March
    কুইক শো
    2025-04-24 10:52:02
    Turkey's Manufacturing Confidence Dips Slightly in April 2025
    কুইক শো
    2025-04-24 10:52:02
    Japanese Shares Gain on Global Trade Optimism
    কুইক শো
    2025-04-24 10:52:02
    Silver Pulls Back After Rally on Technical Correction
    কুইক শো
    2025-04-24 10:52:02
    IMF Calls on BoJ to Stay Flexible Amid Trade Tensions
    কুইক শো
    2025-04-24 10:52:02
    French Consumer Confidence Remains Steady in April 2025
    কুইক শো
    2025-04-24 10:52:02
    Copper Eases from Highs Amid Trade Uncertainty
    কুইক শো
    2025-04-24 10:52:02
    China Begins Special Bond Sale to Counter Tariff Fallout
    কুইক শো
    2025-04-24 10:52:02
    Danish Business Morale Lowest in 8 Months
    কুইক শো
    2025-04-24 10:52:02
    Saudi Arabia Trade Surplus Largest in 10 Months
    কুইক শো
  • 2025-04-24 10:52:02
    New Zealand Stocks Gain for 2nd Session
    কুইক শো
    2025-04-24 10:52:02
    European Markets Poised for Quiet Open
    কুইক শো
    2025-04-24 10:52:02
    India Stocks Snap 7-Sessions of Gains
    কুইক শো
    2025-04-24 10:52:02
    China Reduces Negative List to 106 Items
    কুইক শো
    2025-04-24 10:52:02
    Finnish Jobless Rate Rises to 10-Month High
    কুইক শো
    2025-04-24 10:52:02
    Finland Producer Inflation Slows in March
    কুইক শো
    2025-04-24 10:52:02
    Finnish Import Prices Plummet Further in March, Deepening Deflationary Concerns
    কুইক শো
    2025-04-24 10:52:02
    Finnish Export Prices Slide in March as Global Uncertainties Loom
    কুইক শো
    2025-04-24 10:52:02
    Finnish Unemployment Rate Climbs to 9.3% Amid Economic Uncertainty
    কুইক শো
    2025-04-24 10:52:02
    Finnish Producer Price Index Declines to 0.5% in March 2025, Continuing Downward Trend
    কুইক শো
  • 2025-04-24 10:52:02
    Palm Oil Slips After Two-Day Rally
    কুইক শো
    2025-04-24 10:52:02
    EU Car Registrations Edge Down 0.2% in March
    কুইক শো
    2025-04-24 10:52:02
    US 10-Year Yield Holds Steady
    কুইক শো
    2025-04-24 10:52:02
    Romania's Car Market Plummets: March Registrations Drop by 16.3%
    কুইক শো
    2025-04-24 10:52:02
    Romanian Car Registrations Surged by 8.40% in March 2025, Year-over-Year
    কুইক শো
    2025-04-24 10:52:02
    Hungary's Car Registrations Rev Up in March: A Sharp 2.40% Uptick Year-over-Year
    কুইক শো
    2025-04-24 10:52:02
    Hungary Sees Surge in Car Registrations: Sharp Climb in March 2025
    কুইক শো
    2025-04-24 10:52:02
    Slovakia Sees Surprising Surge in Car Registrations in March 2025
    কুইক শো
    2025-04-24 10:52:02
    Slovakia's March Car Registrations Show Economic Rebound with Significant Year-Over-Year Improvement
    কুইক শো
    2025-04-24 10:52:02
    Czech Republic Car Registrations Surge in March, Reversing February Decline
    কুইক শো
  • 2025-04-24 10:52:02
    Hong Kong Falls 0.7% at Finish
    কুইক শো
    2025-04-24 10:52:02
    UK Stocks on Lower Note
    কুইক শো
    2025-04-24 10:52:02
    German Business Moral Rises to 9-Month High
    কুইক শো
    2025-04-24 10:52:02
    Zambia's Consumer Price Index Stagnates at 1.0% in April 2025
    কুইক শো
    2025-04-24 10:52:02
    Zambia's Inflation Rate Holds Steady at 16.5% in April 2025
    কুইক শো
    2025-04-24 10:52:02
    German Business Expectations Dip Slightly in April
    কুইক শো
    2025-04-24 10:52:02
    Slight Uptick in German Business Sentiments as Ifo Index Nudges Upward in April
    কুইক শো
    2025-04-24 10:52:02
    German Economic Sentiment Shows Slight Uptick in April
    কুইক শো
    2025-04-24 10:52:02
    Poland's Unemployment Rate Slightly Declines in March 2025
    কুইক শো
    2025-04-24 10:52:02
    DAX on Negative Note
    কুইক শো
কোম্পানি সংবাদ
সব খবর
InstaForex at Traders Lagos Expo: High Interest and Well-Deserved Recognition

InstaForex at Traders Lagos Expo: High Interest and Well-Deserved Recognition

Traders Lagos Expo is one of the largest financial events in West Africa, bringing together over 2,000 participants interested in investments, brokerage services, and cutting-edge trading solutions. We’re proud to have been the main sponsor of the expo and to have taken an active part in it, presenting the InstaForex brand as a reliable and ambitious player on the global stage, while also building valuable connections and strengthening our presence in the regional market. The event kicked off with an opening speech by our company representative, setting a confident and business-focused tone for the entire expo. The speech emphasized InstaForex’s commitment to growth, innovation, and supporting both clients and partners.

Show more
Caricatures
All caricatures
এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.
 

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 InstaSpot anyway.

We are sorry for any inconvenience caused by this message.