Market Fundamental Analysis by RoboForex

[Vlad RF]

US Tech forecast: the index is correcting

After reaching a new all-time high, the US Tech index started to decline, but the global trend remains bullish. The US Tech forecast for next week is positive.

US Tech forecast: key takeaways

• Recent data: the preliminary US services PMI came in at 50.9 in May
• Market impact: the current data has a mixed effect on the technology sector

Fundamental analysis

A drop in the US services PMI to 50.9 points, compared to the forecast of 51.1 and the previous 51.0, is a moderately negative signal for the market. The indicator remains above the 50-point threshold, indicating continued growth in business activity, but a weaker-than-expected figure suggests the pace of expansion is slowing.

For the US Tech, the short-term reaction may be moderately negative or mixed. If investors interpret the data as a sign of weakening demand in the economy, pressure could increase on stocks of companies involved in corporate IT spending, cloud services, advertising, and software.

Read this article on RoboForex website - US Tech Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

DE 40 forecast: the index continues to trade within a sideways trend

The upward trend in the DE 40 stock index has shifted into a sideways movement, although the tendency towards growth remains intact. The DE 40 forecast for today is positive.

DE 40 forecast: key takeaways

• Recent data: Germany’s GDP for Q1 2026 increased by 0.3%
• Market impact: the data creates a positive backdrop for the German equity market

Fundamental analysis

Germany’s GDP growth of 0.3% quarter-on-quarter, in line with forecasts of 0.3% and above the previous reading of 0.2%, represents a moderately positive signal for the DE 40 index. The fact that the figure matched expectations means the market is unlikely to receive a strong surprise-driven impulse.

For the German equity market, such statistics appear generally favourable, although the effect will likely remain restrained. Since the actual figure matched forecasts, a significant portion of positive expectations may already have been priced in.

Read this article on RoboForex website - DE 40 Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

US 500 forecast: the index hits new all-time high

The US 500 index surged to a record high following news of a possible end to the conflict between the US and Iran. The US 500 forecast for today is positive.

US 500 forecast: key takeaways

• Recent data: the preliminary US manufacturing PMI came in at 55.3 in May
• Market impact: this data has a moderately positive impact on the stock market

Fundamental analysis

The US manufacturing PMI reading of 55.3 points, above the forecast of 53.8 and the previous reading of 54.5, indicates a more robust expansion of business activity in the industrial sector. For the US 500 index, this news may generally prove moderately positive, as it confirms the resilience of the US economy and shows that the corporate sector continues to maintain demand, production orders, and business activity.

For the broad US equity market, the effect may prove mixed, but with a positive bias. On the one hand, a strong PMI supports demand for equities, especially in cyclical sectors, as investors see signs of healthy economic momentum.

Read this article on RoboForex website - US 500 Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team