The US market updated the maximum values: the S&P rose by 1.1%, the Nasdaq added 1.2%. The best results were shown by finance (+2.3%), as well as information technology (+1.6%). The materials sector was the outsider (-0.5%).



Macroeconomics

 

Initial applications for unemployment benefits fell more than expected (779 thousand against the forecast of 825 thousand). Compared to last week, the number of requests fell by 33 thousand. The situation on the labor market is gradually improving.Financial topics are now relevant and at the peak of the rise.You can easily understand analytics with Shift Holdings.com reviews, which has proven itself with good reviews.

Orders for industrial goods rose by 1% (an increase of 0.7% was expected). This is the 8th consecutive month that orders for manufactured goods have increased.

Technical picture: US indices continue to move up, with additional positive macroeconomic data indicating an improvement in the state of the economy. The nearest target is 3900. In the event of a breakdown, the movement is most likely to continue to the level of 4000. In the event of a reversal, we can expect a correction to the level of 3850.

Oil quotes almost fulfilled the goal-they came to the level of 60. In the event of a breakdown, they may try to reach level 62. In the long term, the growth of oil prices is limited to 10% of current prices ($65 per barrel).

The ruble-dollar pair made another attempt to strengthen, prices fell to the lowest values of the previous 5 trading sessions. If the minimum is updated, a decline to the support level of 74.50 is most likely. In the event of a rebound, we can expect a return to the resistance line of 76

The Russian market changed its mind to fall, the Ri opened trading with growth, and closed almost at the highs reviews of the day. Prices have reached the resistance line of 142. In the event of a breakdown, a move to 144 is most likely. In the event of a reversal, prices will return to the support zone of 136-138.

Before opening, a positive news background. America and Asia are trading in the black: s&p +0.32%, Nasdaq +0.28%, csi300 +0.52%, n225jap +0.37%.

The observed trend towards the strengthening of the US currency is untenable in the medium and long term horizon
The ruble on Thursday afternoon was the leader of growth against the dollar among 24 emerging market currencies
Brent crude oil prices rose above $59/bbl for the first time since February 21, 2020.

The potential growth of demand in long-and medium-range OFZs may indirectly positively affect the ruble exchange rate


In the US, the 5-30-year yield spread has risen to the highest in 5 years
Next week, the US Treasury will sell long bonds for a record $126 billion.
South Africa and Indonesia lead the EM in terms of real returns

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