Fortrade Canada Ltd. as an order-execution only dealer is not permitted to provide you with any advice or recommendations. These Market Commentaries should not be construed as a recommendation, advice or any attempt by Fortrade Canada Ltd. to prompt or influence you in making an investment decision to purchase, sell, hold or exchange any security or to influence the timing of such activity. This content is produced by Fortrade Limited which is not registered in any capacity with any securities regulatory authority in Canada.
67% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.
73.43% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
EU Session Analysis for CFD Instruments 09/04/2021
Fundamental analysis
09 April, 2021
The S&P 500 closed at a record high on Thursday, as U.S. Treasury yields fell following softer-than-anticipated labor market data, boosting technology and other growth stocks.Weekly initial jobless claims data showed a second straight rise, conflicting with the recent payrolls report, and buttressed the Federal Reserve’s dovish policy stance to keep interest rates lower for a substantial period. Federal Reserve Chair Jerome Powell signaled on Wednesday the central bank is nowhere near reducing support for the U.S. economy, saying an expected rise in prices this year is likely to be temporary. The softer data helped yields on the benchmark 10-year U.S. Treasury note fall as low as 1.624%, its lowest level since March 26, as it continues to back away from a 14-month high of 1.776% hit in late March. Tesla Inc advanced 1.91% on the Joe Biden administration’s $174 billion proposal to boost electric vehicles.
