CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: US100 erases early losses

15:42 22 June 2022

Despite the negative start of the session  Wall Street bulls managed to regain control. The Dow Jones Industrial Average gained  0.24%, while the S&P 500 rose nearly 0.5%, while Nasdaq jumped 1.0%. There is not clear reason behind this move, some suggest declining bond yields, where U.S. 10 Year Treasury yield fell below 3.15% from last week’s high of 3.43%. Also Powell’s comments regarding demand destruction which could be seen by some market participants as a sign that Fed will raise interest rates at a slower pace. In turn oil sell-off could be seen as a deflationary factor.

US100 rose sharply during Powell's testimony and is approaching local resistance at 11785 pts. Source: xStation5

Start investing today or test a free demo

Open real account Try demo Download mobile app Download mobile app

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XIII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back