Happy post — Easter for the markets?

Traders Trust
2 min readApr 6, 2021

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After a couple of days of rest due to the Easter holiday, this week could be promising for markets with exciting new trading sessions. On Monday, the European Markets, as well as the markets in China, Hong Kong, South Africa, Australia, and New Zealand, were closed because of Easter.

Today, Tuesday as investors are returning back to work and back to the markets, new trading opportunities could arise.

The markets were relatively calm yesterday with Dow Jones and S&P500 breaking historical records again for the first time since December 2020. The rest of the indexes remain stable even after the end of the Easter holidays. This week investors are watching the virtual meeting of the FMI in Europe closely and expecting updates on President Joe Biden’s $2.25 trillion infrastructure spending plan.

Companies have already closed their first quarters and this month there could be some first indications as to whether they will manage to close their second quarter according to predictions. Investors are waiting for signals that could affect main indices such as S&P500, Dow Jones, Nikkei, Dax 30, and HK50.

As for commodities, can the growing interest in the new vehicles powered by hydrogen fuels cause a fall in oil prices? Could the Suez Canal blockage and reopening cause a further dip in oil? Could last week’s OPEC+ meeting cause the price of oil to recover or could it result in a boost?

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Traders Trust
Traders Trust

Written by Traders Trust

A leading online trading services provider committed to delivering reliable, transparent and ethical trading conditions and an outstanding customer experience.

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