empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
05.09.2023 01:02 PM
US premarket on September 5: US stock market approaches peak
Open trading account Open demo account

Futures on US stock indexes opened in the red but quickly rebounded from all the losses compared to Friday's closing levels. S&P 500 futures gained 0.1%, while the high-tech NASDAQ added 0.2%. Meanwhile, European stock indices dropped after the release of weak economic data from the Eurozone and China, and the single currency plunged to nearly a three-month low against the US dollar. The Stoxx 600 index lost 0.8%, declining for the fifth consecutive day. US Treasury bond yields increased after the US holiday.

This image is no longer relevant

In China's services sector, August saw the slowest growth this year, confirming that the economic recovery is losing momentum, dampening previous optimism about government stimuli. In Europe, the composite Purchasing Managers' Index (PMI) turned out worse than the preliminary estimate, remaining below 50 points for the third consecutive month, indicating a contraction in activity.

These trends reveal concerns among risk-averse investors regarding the Eurozone situation. Survey data indicates that the economy is heading toward a recession, and no one seems willing to address it for now. This also raises questions about how aggressively the ECB will act in the future. During Christine Lagarde's recent speech, she evaded answering whether the European Central Bank would raise or maintain interest rates next week.

As previously noted, disappointing PMI figures from China exerted significant pressure on European stock sectors influenced by the world's second-largest economy. Companies involved in luxury goods and consumer products, such as LVMH, Kering, and Adidas (sportswear manufacturer), lost over 2%. In a rare piece of good news, Country Garden Holdings Co. stated that it had made coupon payments on its two-dollar bonds during the grace period. The real estate developer, once a symbol of China's property woes, now suggests increasing principal debt repayments by eight yuan and extending the payment term. Additional measures from Beijing to stimulate credit growth are also anticipated soon.

All these discouraging data points prompt the market to support the US dollar. Higher US Treasury bond yields also sustain demand for USD after yesterday's holidays.

Regarding other countries, Brent crude fell for the first time in six days, losing 0.9% and now trading around $88.22 per barrel.

This image is no longer relevant

As for the S&P 500, demand for the index remains, but upward potential is limited. Bulls need to take control above $4,515. Only from this level, the index may surge to $4,539. Bulls also should maintain control over $4,557, which would bolster the bullish market. If downward movement occurs due to declining risk appetite, bulls will have to protect $4,488. A breakthrough would quickly push the trading instrument back to $4,469 and open the path to $4,447.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Wave analysis
Analysis of EUR/USD on June 5, 2025 The wave pattern on the 4-hour chart for the EUR/USD pair has transformed into an upward structure and continues to maintain this formation. I believe there is little doubt that
Chin Zhao
20:03 2025-06-05 +02:00
1675
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on June 5th (U.S. Session) Trade Analysis and Tips for Trading the Japanese Yen The price test at 143.25 during the first half of the day occurred when the MACD indicator had moved significantly above
Jakub Novak
19:58 2025-06-05 +02:00
1315
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Update on US stock market on June 5

S&P500 The US stock market comes to a halt ahead of the US nonfarm payrolls Snapshot of major US indices on Wednesday: Dow -0.2%, NASDAQ +0.3%, S&P 500 flat
Jozef Kovach 12:49 2025-06-05 UTC+2

Stock Market on May 5th: S&P 500 and NASDAQ Slowed Down Growth

At the end of the last regular session, U.S. stock indices closed with modest gains. The S&P 500 rose by 0.01%, and the Nasdaq 100 added 0.32%. The Dow Jones
Jakub Novak 10:40 2025-06-05 UTC+2

Update on US stock market on June 4

S&P500 The US stock market is extending its growth Snapshot of major US stock indexes on Tuesday: Dow +0.5%, NASDAQ +0.8%, S&P 500 +0.6%, S&P 500 at 5,970
Jozef Kovach 10:19 2025-06-04 UTC+2

Stock Market on June 4: S&P 500 and NASDAQ Showed Strong Daily Growth

At the end of the last regular session, U.S. stock indices closed higher. The S&P 500 rose by 0.58%, while the Nasdaq 100 gained 0.81%. The industrial Dow Jones strengthened
Jakub Novak 09:34 2025-06-04 UTC+2

Update on US stock market on June 03

S&P500 Snapshot of major US stock indices on Monday: Dow +0.1%, NASDAQ +0.7%, S&P 500 +0.4%, S&P 500 at 5,936, within the range of 5,400 to 6,200 The stock market
Jozef Kovach 11:41 2025-06-03 UTC+2

Stock market recap on May 3: S&P 500 and Nasdaq resume losses

Following the previous regular session, US equity indices closed higher. The S&P 500 rose 0.41%, while the Nasdaq 100 gained 0.67%. The Dow Jones Industrial Average edged up by 0.08%
Jakub Novak 11:33 2025-06-03 UTC+2

Stock market recap for May 2: S&P 500 and Nasdaq under renewed pressure

US equity indices closed mixed in the latest regular trading session. The S&P 500 slipped 0.01%, while the Nasdaq 100 dropped 0.32%. The industrial Dow Jones eked out a gain
Jakub Novak 12:41 2025-06-02 UTC+2

Update on US stock market on June 2. Market consolidating just below highs

S&P500 Snapshot of major US stock indices on Friday: Dow +0.1%, NASDAQ -0.3%, S&P 500 flat (0%), closing at 5911, within the 5400–6200 range. Catalysts of the trading session
Jozef Kovach 12:39 2025-06-02 UTC+2

Stock Market on May 30th: S&P 500 and NASDAQ Resume Decline

At the close of the latest regular session, U.S. stock indices posted modest gains. The S&P 500 rose by 0.40%, the Nasdaq 100 added 0.39%, and the Dow Jones Industrial
Jakub Novak 10:45 2025-05-30 UTC+2

US Market: Court overturns trump tariffs

S&P 500 Market overview on 29.05 A federal court in the US has struck down all of former President Trump's trade tariffs. Major US indices on Wednesday: Dow -0.6%, NASDAQ
Jozef Kovach 12:53 2025-05-29 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback 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.