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
20.01.2025 09:02 AM
The Market Finds Shelter
Open trading account Open demo account

The S&P 500 achieved its best weekly performance since the November U.S. presidential election, just before Donald Trump's inauguration. Initially, investors worried that his protectionist policies could negatively impact the U.S. economy. However, they now believe that the potential benefits from deregulation and fiscal stimulus will outweigh the drawbacks. Is this wishful thinking?

The broad market index surged by 4.7% during the week ending January 17, fueled by a strong start to the corporate earnings season and a 0.2% month-over-month decline in core inflation in the U.S. Major banks such as JP Morgan, Goldman Sachs, and Citigroup reported positive fourth-quarter earnings, alleviating investor concerns. The likelihood of the Federal Reserve refraining from rate cuts in 2025—or even increasing rates—has decreased, boosting confidence in two expected monetary easing actions this year. Federal Open Market Committee (FOMC) official Christopher Waller even suggested the possibility of easing monetary policy in March.

Weekly S&P 500 Performance

This image is no longer relevant

Bank of America suggests that U.S. equities could benefit from Donald Trump's return to the White House. During his first term, Trump viewed the performance of U.S. stock indices as a measure of his effectiveness, and it is unlikely that this perspective will change from 2025 to 2028. UBS Global Wealth Management estimates a 9% increase in corporate earnings this year, which could push the S&P 500 to 6,600.

According to Jefferies, since 1929, the S&P 500 has historically followed a zigzag pattern during presidential inaugurations, averaging gains of 8.3% and 9.5% six and twelve months, respectively, after a new president takes office.

In the early days of Trump's second term, investors will consider the impacts of tariffs and anti-immigration policies alongside the potential benefits of fiscal stimulus and deregulation. It appears that the new president may begin by implementing import tariffs, setting this term apart from his previous one.

Market Expectations for Fed Policy

This image is no longer relevant

During his term from 2017 to 2020, Trump stimulated the economy through tax cuts but later resorted to tariffs and trade wars, which ultimately slowed down growth. This time, the sequence may be reversed. Import tariffs are likely to accelerate inflation and hinder economic growth, even though the current outlook remains strong. For example, the IMF predicts that U.S. GDP will grow by 2.8% in 2024. Consequently, uncertainty regarding the Federal Reserve's policy stance could increase, with derivatives currently indicating a 25% probability of a federal funds rate hike.

On the daily chart, the market illustrated the principle: "If the market does not move as expected, it is likely to move in the opposite direction." After an unsuccessful attempt to break below the lower boundary of the triangle, the market successfully breached the upper boundary. A strong test of resistance at 6010 could justify expanding long positions that were initiated at 5930.

Marek Petkovich,
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
Gold: Ongoing Uncertainty Continues to Support Gold Prices Gold prices continue to receive support amid the fog of uncertainty surrounding the future course of the tariff wars initiated by Donald Trump. The price of gold has been climbing
Pati Gani
11:49 2025-04-17 +02:00
1015
Fundamental analysis
Is the Euro Ready for Another Rate Cut? We'll find out very soon whether the euro is once again prepared for the European Central Bank (ECB) to continue easing monetary policy. Today, the ECB is expected to lower
Jakub Novak
11:38 2025-04-17 +02:00
1060
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

Is the Euro Ready for Another Rate Cut?

We'll find out very soon whether the euro is once again prepared for the European Central Bank (ECB) to continue easing monetary policy. Today, the ECB is expected to lower
Jakub Novak 11:38 2025-04-17 UTC+2

Powell Sees a More Restrictive Fed Policy This Year

The euro showed little reaction, while the pound slipped slightly against the U.S. dollar following yesterday's speech by Federal Reserve Chairman Jerome Powell. According to Powell, the Fed is currently
Jakub Novak 11:34 2025-04-17 UTC+2

Markets swing between euphoria and panic

If you believe a recession is looming, the rule is simple: sell first, ask questions later. When the National Bureau of Economic Research officially declared a recession in the United
Marek Petkovich 09:55 2025-04-17 UTC+2

No Progress in Negotiations

This week, the European Union and the United States made no significant progress in resolving trade disputes, as officials from President Donald Trump's administration indicated that most of the U.S
Jakub Novak 18:48 2025-04-16 UTC+2

XAU/USD. Analysis and Forecast

Gold continues to draw investor attention, particularly in times of heightened uncertainty in financial markets. Trade Uncertainty: Ongoing uncertainty in trade relations between the U.S. and China makes gold
Irina Yanina 11:50 2025-04-16 UTC+2

USD/CHF. Analysis and Forecast

The USD/CHF pair is attracting new sellers today, showing signs of weakness under current economic conditions, driven by several key factors. Weak U.S. Dollar: The U.S. Dollar Index, which tracks
Irina Yanina 11:41 2025-04-16 UTC+2

Time works against market

Time is not on Donald Trump's side, nor the side of the US stock market. The longer the uncertainty surrounding White House policy drags on, the more likely it becomes
Marek Petkovich 11:39 2025-04-16 UTC+2

Confrontation Between the U.S. and China Will Negatively Impact Markets (Potential for Renewed Declines in #NDX and Litecoin)

Market optimism, fueled by Donald Trump's active manipulation of the tariff narrative, was short-lived. Traders remain focused on the escalating tensions between the U.S. and China following the U.S. Department
Pati Gani 11:34 2025-04-16 UTC+2

What to Pay Attention to on April 16? A Breakdown of Fundamental Events for Beginners

A few macroeconomic events are scheduled for Wednesday, but some important reports will be released. However, the current key issue is not the reports' significance but how the market will
Paolo Greco 07:06 2025-04-16 UTC+2

GBP/USD Overview – April 16: The Pound Sees No Limits

On Tuesday, the GBP/USD currency pair continued its upward movement. Although this rally was not as strong as last week's surge, the British pound kept rising steadily, with barely
Paolo Greco 03:35 2025-04-16 UTC+2

Top analytics

Relevance up to 00:00 2025-04-19 UTC--4
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday April 17, 2025.
06:27 2025-04-17
Technical analysis
Relevance up to 00:00 2025-04-18 UTC--4
USD/JPY: Simple Trading Tips for Beginner Traders on April 17th – Forex Trade Review
11:19 2025-04-17
Forecast
Relevance up to 23:00 2025-04-17 UTC--4
EUR/USD Forecast for April 17, 2025
11:07 2025-04-17
Technical analysis
Relevance up to 22:00 2025-04-17 UTC--4
GBP/USD Forecast for April 17, 2025
11:02 2025-04-17
Technical analysis
Relevance up to 04:00 2025-04-18 UTC--4
When it all went wrong: Nvidia under pressure, stocks fall, Powell waits for clarity
10:27 2025-04-17
News
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.