ہمارے ٹیم میں 7000000 سے ذائد تاجران شامل ہیں
ہم تجارت کی بہتری کے لئے ہر روز اکھٹے کام کرتے ہیں اور بہترین نتائج حاصل کرتے ہوئے آگے کی جانب بڑھتے ہیں
دُنیا بھر سے سے لاکھوں ہمارے بہترین کام کو سند عطاء کرتے ہیں آپ اپنا انتحاب کریں باقی ہم آپ کی توقعات پر پورا اترنے کے لئے اپنی بہترین کوشش کریں گے
ہم مل کر ایک بہترین ٹیم بناتے ہیں
انسٹا فاریکس آپ سے کام کرتے ہوئے فخر محسوس کرتا ہے
ایکٹر - یو سی ایف 6 ٹورنامنٹ چیمپین اور واقعی ہیرو
ایک فرد کے جس نے اپنا آپ منوایا ہے وہ فرد کہ جو ہماری راہ پر چلا ہے.
ٹکٹا روو کی کامیابی کا راز یہ ہے کہ وہ اپنے اہداف کی جانب مسلسل بڑھتا رہتا ہے
اپنے ہنر یا ٹیلنٹ کے تمام پہلو آشکار کررہے ہیں
پہچانیں ، کوشش کریں ، ناکام ہوں لیکن کبھی نہ رُکیں
انسٹا فاریکس آپ کی کامیابی کی کہاں یہاں سے شروع ہوتی ہے
S&P 500
Outlook for October 26th
The US stock market scores gains
The main US stock indices have been bullish for the third straight day: the Dow added 1.1% and the S&P500 grew by 1.6%.
The S&P 500 index is seen trading at 3,859 in the range between 3,800 and 3,900.
S&P 500 futures showed a fall of up to 1% at the morning open.
The US stock market has been bullish for three straight days. It also formed a deep bottom. As the chart shows, the index has encountered strong resistance in the 3,860-3,930 range with the 50-day and 100-day moving averages. In order to extend growth, the index should leave the range and close above it.
On Tuesday, the market grew, following the release of disappointing consumer sentiment data, which fell to 102. It fuelled speculation that the US Federal Reserve might reduce the pace of rate hikes after raising the rate by 0.75% in November.
The US Q3 GDP report is due on Thursday (forecast: +2.1%). The ECB is expected to lift interest rates by 0.75% at a meeting on Thursday.
Yesterday, the yield on 10-year Treasury bonds fell to 4.11%.
Strong reports came: Coca-Cola (KO 58.95, +1.38, +2.4%), General Motors (GM 37.01, +1.29, +3.6%), and Sherwin-Williams (SHW 220.20, +7.67, +3.6%).
Ten of the 11 S&P 500 sectors rose. Real estate led the way with a 3.9% gain.
Automatic Data (ADP), Boeing (BA), Bristol-Myers (BMY), General Dynamics (GD), Harley-Davidson (HOG), Hilton (HLT), Kraft Heinz (KHC), Norfolk Southern ( NSC), Roper (ROP), Seagate Tech (STX), and Waste Mgmt (WM) will deliver earnings report on Wednesday.
VISA's profit surged by 21% to $15 billion.
Microsoft's shares were down by 7%. The firm's profit dropped by 14%.
Alphabet's shares lost 6%, following the earnings report that logged a 26% decline in profit.
Elon Musk is planning to close the Twitter acquisition deal on Friday. The deal is now at the stage of signing documents.
New home sales are due today in the United States. The reading is estimated to plunge to 575,000 from 685,000 year-over-year.
Energy: Crude is firm at previous levels. Brent is trading at $92.7 per barrel.
The United States is to sell another 15 million barrels of oil from its strategic reserves in an attempt to prevent a rise in prices. Biden says the US is ready to sell even more. Saudi Arabia slammed the US for using its strategic reserves to manipulate crude prices. However, OPEC's decision to artificially limit supply in the oil market can also hardly be called a market action.
The US House of Representatives election will be held in early November. Recent polls show that both Democrats and Republicans have a 50% chance of a House majority.
Inflation in Australia accelerated to a record 7.3%.
The Bank of Canada will announce its interest rate decision today.
The US dollar index dropped to 110.70.
Final thoughts: the US stock market needs to pull back deeper. Buy trades could be considered after a pullback.
*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.
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