Top.Mail.Ru
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
15.05.2025 11:07 AM
The U.S.–China Trade War Pause Has Been Priced In — What's Next? (A Possible Correction in #SPX and Bitcoin)
Open trading account Open demo account

On Thursday, a clear slowdown is observed in the stock market rally—one could even say it has stalled. This is due to the market having already priced in the 90-day truce between the U.S. and China, with investors now shifting their focus toward corporate quarterly earnings results.

A contributing factor to the earlier positive sentiment was the U.S. consumer inflation report, which showed a slowdown in monthly growth and even a decline on a year-over-year basis. However, this appears insufficient to sustain the demand for risk assets and to weaken the dollar. Even with the CPI falling year-over-year to 2.3% from 2.4%, the Federal Reserve currently has no plans to resume interest rate cuts.

Today, attention will undoubtedly be focused on the Istanbul negotiations between Russian and Ukrainian delegations regarding the potential for peace in the ongoing conflict. Although this issue may not be central to global markets, it does have an impact through the geopolitical lens. Therefore, any real agreements would strongly support not only the Russian financial market but also commodity markets, which are significantly influenced by Russia.

As for the cryptocurrency market, it is currently in sync with global market sentiment. The recent rally triggered by the U.S.–China truce briefly supported token demand, but only to a limited extent. A potential correction is now taking shape amid stabilized stock indices, reduced demand for commodities, and gold.

The U.S. dollar remains under pressure but is still managing to stay above the key 100-point level on the DXY index.

Aside from the Istanbul talks, today's market focus will also be on U.S. retail sales and producer price inflation (PPI) data. According to consensus forecasts, the core retail sales index is expected to have slowed to 0.3% in April from 0.5% in March. For producer inflation, a slowdown to 3.1% from 3.3% is forecasted year-over-year, but a 0.3% month-over-month increase is also expected, following a 0.1% decline in March.

As noted above, any positive development in the Russia–Ukraine negotiations would support the Russian stock market. On such momentum, the MOEX index could test the 3000.00-point mark. For other global markets, we may see decreased activity ahead of the U.S. data releases.

Forecast of the Day

This image is no longer relevant

This image is no longer relevant

#SPX

The CFD on the S&P 500 futures may correct downward after reaching a local high, driven by anticipation of U.S. statistics or if the data comes in below expectations. In this case, a decline toward 5780.15 is likely if the price drops below 5854.45. The 5842.08 level may serve as an entry level for short positions.

Bitcoin

The token is correcting downward amid a broader market pullback. It has broken below the support line of 102,167.85, opening the door for further decline toward 97,723.28. The level of 101,489.57 may serve as a sell trigger.

Pati Gani,
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
Technical analysis
AUD/USD Forecast for June 10, 2025 The Australian dollar has shown moderate growth of more than a figure over the past 10 days, but the Marlin oscillator's reluctance to follow this upward move is causing concern
Laurie Bailey
04:46 2025-06-10 +02:00
1015
Stock Markets
S&P 500 Forecast for June 10, 2025 On the weekly chart, the price has broken above the MACD line today, and the week opened above the intermediate level of 5998. The Marlin oscillator is showing a confident
Laurie Bailey
04:46 2025-06-10 +02:00
1030
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

EUR/USD: Calm Before the Storm? The Market Awaits News from London

The EUR/USD pair continues to trade within a 100-pip price range of 1.1350–1.1450, bouncing between its boundaries. Buyers are trying to hold within the 1.14 area, while sellers
Irina Manzenko 00:38 2025-06-10 UTC+2

The Dollar Feels Its Strength

A strong economy means a strong currency. In early June, the U.S. economy began to look strong again. EUR/USD bears anticipate a correction in the current upward trend, prompted
Marek Petkovich 00:38 2025-06-10 UTC+2

Strong Employment Report Supports the Canadian Dollar

Net employment change in May amounted to +8.8 thousand jobs, exceeding April's growth and presenting very strong data, especially against expectations — a loss of about 15 thousand jobs
Kuvat Raharjo 15:05 2025-06-09 UTC+2

AUD/USD. Analysis and Forecast

At the beginning of the new trading week, the AUD/USD pair is showing steady upward momentum, recovering from a slight pullback and once again approaching the highs seen in November
Irina Yanina 14:51 2025-06-09 UTC+2

USD/JPY. Analysis and Forecast

The USD/JPY pair is showing moderate weakness on Monday, dropping toward the psychological level of 144.00. The decline is driven by a combination of factors, including the strengthening
Irina Yanina 14:05 2025-06-09 UTC+2

WTI - West Texas Intermediate. Analysis and Forecast

At the start of the new week, prices for West Texas Intermediate (WTI) crude oil are attempting to stay near Friday's highs. Senior U.S. officials, including Treasury Secretary Scott Bessent
Irina Yanina 14:02 2025-06-09 UTC+2

Old Donald the Fighter Seems to Have Broken Down (there is a likelihood of continued growth in CFD contracts #NDX and #SPX)

Despite all the hardships, uncertainty, and overall market tension, stock indices persistently climb higher. Investors believe that Donald Trump will have to back down and retreat in his confrontation with
Pati Gani 10:06 2025-06-09 UTC+2

China and the U.S. Take a Serious Step Toward Each Other

The euro and the pound have recovered from Friday's losses, gradually resuming their upward movement. This is supported by the resumption of U.S.-China negotiations today, aiming to further ease tensions
Jakub Novak 09:21 2025-06-09 UTC+2

What to Pay Attention to on June 9? A Breakdown of Fundamental Events for Beginners

No macroeconomic reports are scheduled for Monday. Thus, traders will have nothing to react to during the day. There is a high probability of flat or weak movements unless Donald
Paolo Greco 05:54 2025-06-09 UTC+2

GBP/USD Overview – June 9: Nonfarms Did Not Disappoint

The GBP/USD currency pair also traded lower on Friday and even settled slightly below the moving average line. While we constantly say there are no reasons for the pound
Paolo Greco 04:03 2025-06-09 UTC+2

Top analytics

Relevance up to 08:00 2025-06-23 UTC--5
Trading Signals for GOLD (XAU/USD) for June 9-12, 2025: sell below $3,350 (21 SMA - 7/8 Murray)
15:23 2025-06-09
Technical analysis
Relevance up to 08:00 2025-06-14 UTC--5
The Dollar Feels Its Strength
00:38 2025-06-10
Fundamental analysis
Relevance up to 10:00 UTC--5
EUR/USD: Calm Before the Storm? The Market Awaits News from London
00:38 2025-06-10
Fundamental analysis
Relevance up to 09:00 UTC--5
EUR/USD Analysis on June 9, 2025
20:09 2025-06-09
Wave analysis
Relevance up to 09:00 UTC--5
GBP/USD Analysis on June 9, 2025
20:16 2025-06-09
Wave analysis
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.