empty
01.12.2021 02:39 PM
American Premarket on December 1: Ray Dalio of Bridgewater Associates vs. Cash

Futures on US stock indices are rising in early trading on Wednesday after another major sell-off on Tuesday, due to concerns about a new strain of the omicron coronavirus and the actions of the Federal Reserve System aimed at more quickly curtailing its ultra-soft monetary policy. Dow futures rose by 282 points. S&P 500 futures jumped 1.03% and Nasdaq 100 futures rose 1.25%.

Treasury bond yields also rose markedly: 10-year Treasury bonds returned to the 1.5% mark after falling 8 basis points on Tuesday to 1.45%.

This image is no longer relevant

Fed prepares markets for policy change

Yesterday, Federal Reserve Chairman Jerome Powell said that a strong US economy and high inflation could serve as a reason for the central bank to stop buying assets earlier than planned, although the new strain of the omicron coronavirus poses a new risk for the prospects. "I think it is appropriate for us to discuss the prospects for a more active curtailment of support measures at the next meeting, which will take place in a couple of weeks," Powell said on Tuesday. "During these two weeks, we will try to get as much useful data as possible to understand how the new strain of coronavirus may affect the economy in the future," Powell added.

Against this background, the Dow lost more than 650 points, the S&P 500 fell by 1.9%, and the Nasdaq Composite technology dropped by 1.6%.

Many investors, along with the head of the Federal Reserve System, continue to wonder: how the new strain of the omicron coronavirus will affect the work of the American economy in winter. Someone has already begun to predict a 10-15% drop in the market, someone believes that the strain will not have such a serious impact on the labor market as it did in the past waves of the pandemic.

At the moment, the American economy is very strong, but inflationary pressure is getting higher and higher, and a new strain of coronavirus can only lead to further growth. Goldman Sachs said that against this background, the Fed will double its pace of reducing the bond purchase program, and in June next year, it will raise interest rates. Read more: What policies are the Fed and the ECB pursuing and how does it affect the direction of the EURUSD pair

However, the fact remains that a more active curtailment of support measures tells investors that the central bank is focused on fighting inflation, and not on new threats of a pandemic. Yesterday, the CEO of Moderna said that, in his opinion, existing vaccines will be less effective against the new variant, and a specific vaccine for omicron will arrive in medical institutions only in a few months.

Today, data on the manufacturing PMI for November, the ISM manufacturing index, and construction costs for October will be released. The report from ADP on wages in the private sector, as well as job growth, will also be important. Economists expect at least 506,000 private jobs to be created, up from 571,000 in October.

Now let's take a look at the premarket and run through the main news:

Merck securities led the way in growth, rising 4% in the premarket after its drug for the treatment of COVID received approval from the FDA.

This image is no longer relevant

Shares of energy companies also showed a sharp increase: Occidental Petroleum rose 3.4%, after the rise in West Texas Intermediate oil prices, which jumped more than 4% today to almost 69.5 dollars per barrel. Carnival securities rose 2.9%, Wynn Resorts - 2.6%, and Hilton Worldwide - 2.8%.

Bridgewater Associates

This image is no longer relevant

Before going through the technical picture, I would like to say a few words about today's interview with Ray Dalio from Bridgewater Associates. In his opinion, there is no place for cash now, despite the instability in the markets caused by a new strain of coronavirus. "Cash is an unsafe investment because it will be eaten up by high inflation," Dalio said. According to the billionaire investor, in turbulent times it is important to have a reliable and well-balanced portfolio. They do not recommend keeping a large amount of cash and accumulating even despite the new strain of coronavirus, which has not yet been fully studied and it is not clear what measures will be required to contain the next wave of the pandemic.

As for the technical S&P 500

This image is no longer relevant

The index is located within the side channel, which I have been talking about quite a lot lately. The primary goal of buyers of a trading instrument is its return to the resistance of $ 4,660, which was not possible yesterday. Only a real consolidation at this level will lead to an increase in the area of $ 4,718 and will keep the chance of updating historical highs. The fact that we have a meeting of the Federal Reserve System in December and the fact that we generally already know what changes are waiting for us will bring buyers back to the market after reducing the risks due to a new strain of coronavirus. If buyers fail to cope with the task and do not break above $4,600, most likely we will see a repeated decline to $4,584, and then a breakthrough of this level – this will push the trading instrument to $4,551 and $4,512.

Ringkasan
Segera
Analitic
Pavel Vlasov
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Trump mencapai perjanjian dengan Jepun dan tajuk lain yang membentuk portfolio anda

Pasaran sedang bersiap sedia menghadapi gelombang gangguan baharu: Trump memeterai perjanjian tarif dengan Jepun, Apple mengelak denda berjuta-juta dolar, Amazon mencabar Meta dan OpenAI, dan AstraZeneca membina empayar farmaseutikal

Аlena Ivannitskaya 13:14 2025-07-23 UTC+2

Kemas Kini Pasaran Saham AS pada 23 Julai: S&P 500 dan NASDAQ Pulih Sepenuhnya daripada Kerugian Awal

Sehingga penutupan semalam, indeks saham AS ditutup bercampur-campur. S&P 500 meningkat sebanyak 0.06%, manakala Nasdaq 100 susut 0.39%. Dow Jones yang berteraskan sektor perindustrian pula mencatat kenaikan sebanyak 0.40%. Lonjakan

Jakub Novak 09:27 2025-07-23 UTC+2

Kemaskini pasaran saham AS pada 22 Julai. SP500 dan NASDAQ jatuh mendadak

Indeks saham AS ditutup bercampur semalam. S&P 500 meningkat sebanyak 0.14%, dan Nasdaq 100 naik 0.38%. Namun begitu, Dow Jones industri merosot sebanyak 0.04%. Hari ini, saham Asia menurun disebabkan

Jakub Novak 09:54 2025-07-22 UTC+2

Pilihan raya yang berprofil tinggi di Jepun dan tiga isyarat penting untuk pedagang

Pasaran sekali lagi berada dalam keadaan tidak menentu. Yen Jepun berayun dengan hebat selepas kejatuhan politik gabungan Perdana Menteri Shigeru Ishiba yang telah meningkatkan ketidakpastian di Jepun. Sementara itu, jumlah

Аlena Ivannitskaya 12:43 2025-07-21 UTC+2

Saham AS tamat minggu dengan kenaikan

S&P 500 Ringkasan untuk 21 Julai Pasaran AS menamatkan minggu dengan keuntungan Indeks utama AS pada hari Jumaat: Dow -0.3%, NASDAQ +0%, S&P 500 +0%, S&P 500 pada 6,297, julat

Jozef Kovach 09:30 2025-07-21 UTC+2

Kemas kini tentang pasaran saham AS pada 18 Julai. Pelabur diliputi oleh optimisme. SP500 melebihi 6,300

S&P 500 Gambaran Indeks Saham Utama AS pada Khamis Dow +0.5%, NASDAQ +0.7%, S&P 500 +0.5%, S&P 500 ditutup pada 6,297, didagangkan dalam julat 5,900 hingga 6,400. Pasaran saham terdorong

Jozef Kovach 12:48 2025-07-18 UTC+2

Pasaran Saham pada 18 Julai: SP500 dan NASDAQ Teruskan Kenaikan

Setakat semalam, indeks saham AS ditutup lebih tinggi. S&P 500 meningkat sebanyak 0.54%, manakala Nasdaq 100 menambah 0.75%. Indeks industri Dow Jones pula mengukuh sebanyak 0.52%. Hari ini, niaga hadapan

Jakub Novak 12:02 2025-07-18 UTC+2

Kemas Kini Pasaran Saham AS pada 17 Julai: Indeks Utama Saham Bertahan di Bawah Paras Tertinggi

S&P500 Gambaran Indeks Utama Saham AS pada Hari Rabu Dow +0.5%, NASDAQ +0.3%, S&P 500 +0.3%, S&P 500 ditutup pada 6263, berdagang dalam julat 5,900 hingga 6400. Pasaran saham didagangkan

Jozef Kovach 13:03 2025-07-17 UTC+2

Pasaran saham pada 17 Julai: SP500 dan NASDAQ meningkat oleh spekulasi Powell

Setakat semalam, indeks saham AS ditutup lebih tinggi. S&P 500 meningkat sebanyak 0.32%, manakala Nasdaq 100 bertambah 0.25%. Dow Jones perindustrian mengukuh sebanyak 0.53%. Dolar turut pulih sebahagian daripada kerugian

Jakub Novak 12:28 2025-07-17 UTC+2

Kemas kini pasaran AS pada 16 Julai: penurunan susulan laporan utama

S&P500 Gambaran ringkas indeks saham utama AS pada hari Selasa Dow -1%, NASDAQ +0.2%, S&P 500 -0.4%, S&P 500 ditutup pada 6,243, berdagang dalam julat 5,900 hingga 6,400 Pasaran saham

Jozef Kovach 13:11 2025-07-16 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.