Forex Analysis & Reviews: 17.02.2023 - Stocks collapse as dollar...

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

开户

另见

交易条件

外汇分析

图表

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

如何开始交易

有用信息

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 系统

外汇跟单系统

被动投资

OYS 帐户

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

主页

合作伙伴区域

同盟的优势

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

比赛

事件

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

论坛

我们在社交网络

外汇幽默

外汇门户

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

为什么选择我们

InstaSport

法规

公司新闻

奖项

InstaForex 明星

InstaForex 线下

Headquarters

关键文件

的社会责任

InstaForex - 龙之队的官方合作伙伴

17.02.2023 02:02 PM

Stocks collapse as dollar rallies

US stocks closed lower on Thursday after two Federal Reserve officials said they were considering raising interest rates by 50 basis points to combat persistently high inflation.

The S&P 500 index and the Nasdaq 100 fell by 1.4% and 1.9%, respectively. The yield on the 10-year US Treasury note climbed above 3.8%, for the first time topping that threshold in 2023.

European stock indices also resumed a decline after a month-and-a-half rally:

Cleveland Federal Reserve Bank President Loretta Mester said she sees a "strong economic case" for another 50 basis point hike, and St. Louis Fed President James Bullard noted he would not rule out supporting a half-percentage-point interest-rate increase, rather than the quarter point.

Their warnings came after US producer prices rose in January to the highest level since June. Housing starts fell for the fifth month in a row in January as higher mortgage rates continued to dampen housing demand. Weekly jobless claims dropped to 194,000, below the expected level of 200,000.

Thursday's economic reports provided Fed policymakers planning their rate-hike path with additional information after it was reported on Wednesday that US retail sales jumped the most in almost two years in January.

Investors are increasing their bets on how much the Fed will raise rates in this tightening cycle. Now they expect the federal funds rate to be lifted above 5.2% in July, according to trading in the US financial markets. At the same time, two weeks ago, the markets predicted the rate to peak at 4.9%, while the central bank's current target range is 4.5%-4.75%.

The Dow Jones Industrial Average slid by 1.3%. This year, the index that tracks 30 US blue-chip stocks has been up about 2% compared to a roughly 7% gain in the S&P 500. The 5 percentage-point gap between the two makes the Dow's start to a year the weakest relative to the S&P 500 since 1934, data compiled by Bloomberg showed.

Oil futures fell, as investors weighed the evidence of higher energy demand in China amid a significant increase in US crude oil inventories. Russia's MOEX stock index is in a correction following another collapse: