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
06.06.2023 03:36 PM
JPMorgan's chief aims for US presidency
Open trading account Open demo account

While the US stock market is calming down and preparing for a relaxed week, rumors are swirling that Jamie Dimon, CEO of JPMorgan, is planning to run for the US president post. These rumors emerged after Dimon recently expressed in an interview his desire to serve his country.

This image is no longer relevant

Notably, the CEO is well respected in business circles for his leadership at JPMorgan, transforming it into the largest and most profitable bank in the US. Last week, hedge fund manager Bill Ackman tweeted that Dimon should run for president in the upcoming 2024 election.

However, a statement from JPMorgan today refuted these speculations: "As he has said in the past, Jamie has no plans to run for office. He is very happy in his current role." However, today's political claims may be different tomorrow, suggesting that this bank denial is nothing more than background noise surrounding Dimon.

Since joining JPMorgan in 2005, Dimon has frequently fueled such speculations. In an off-the-cuff remark at an investor meeting in 2018, he said he could take on then-President Donald Trump, but quickly regretted his comments.

In recent years, Dimon has backed many initiatives and worked on a number of the country's unresolved issues, including healthcare, economic inequality, and urban infrastructure decay. His long-standing position as bank chief has raised questions, so it is possible that Dimon could pose some competition to Biden and Trump in 2024.

Premarket

Cryptocurrency exchange Coinbase shares fell by 10% after the US Securities and Exchange Commission filed a lawsuit against crypto exchange Binance, alleging that Binance and its co-founder, Changpeng Zhao, used billions of US investor dollars for personal gains.

Shares in software development company EPAM fell by 18% after it cut its outlook amid worsening short-term demand. Expected earnings per share for the second quarter are estimated between $2.33 and $2.40, below the FactSet estimate of $2.43.

As for the S&P 500 index, the demand slightly decreased. Meanwhile, bulls have to establish an upward trend. Bulls should settle the price above $4,250, from where they may drag the price higher to $4,290. They also need to control $4,320, reinforcing the bull market. If the index declines due to a decline in risk appetite and hawkish comments from the Fed, bulls will have to protect $4,255 and $4,230. Breaking through this level, the trading instrument may return to $4,175 and plummet to $4,143.

Jakub Novak,
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
Fundamental analysis
Japan Hopes for a Positive Outcome in Trade Negotiations—Otherwise, Recession and Rising Inflation Loom The revised estimate of Japan's Q1 GDP showed that the economy contracted less than previously estimated, with consumption figures also revised upward. GDP declined by 0.2% year-over-year instead
Kuvat Raharjo
00:21 2025-06-11 +02:00
1630
Fundamental analysis
The Dollar Is Doomed, Though It Doesn't Know It Yet In war, all methods are justified. U.S.–China trade negotiations are ongoing in London, and everything is being utilized—from education to rocket engines. Washington is prepared to make concessions, including lifting
Marek Petkovich
00:21 2025-06-11 +02:00
1765
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

US market rallies on jobs data

S&P 500 Overview for June 9 US market rallies on nonfarm payrolls data Major US indices on Friday: Dow +1%, NASDAQ +1.2%, S&P 500 +1%, S&P 500: 6,000, trading range
Jozef Kovach 13:51 2025-06-10 UTC+2

Stock Market Overview on May 9: S&P 500 and NASDAQ post sharp gains

US equity benchmarks ended the previous regular session with a pronounced surge. The S&P 500 gained 1.03%, while the Nasdaq 100 jumped 1.20%. The industrial Dow Jones added 1.05%. Asian
Jakub Novak 13:29 2025-06-10 UTC+2

Week before Fed's decision: how indices may react if inflation derails scenario

The US market is showing resilience and growing amid uncertainty. Optimism is fragile, and each new macroeconomic data release is like a roll of the dice. Further growth
Anna Zotova 13:21 2025-06-10 UTC+2

Stock Market as of May 10th: S&P 500 and NASDAQ

At the close of the previous regular session, U.S. stock indices showed strong gains. The S&P 500 rose by 0.09%, and the Nasdaq 100 jumped by 0.31%. The industrial
Jakub Novak 09:50 2025-06-10 UTC+2

S&P 500 Forecast for June 10, 2025

On the weekly chart, the price has broken above the MACD line today, and the week opened above the intermediate level of 5998. The Marlin oscillator is showing a confident
Laurie Bailey 04:46 2025-06-10 UTC+2

Update on US stock market on June 5

S&P500 The US stock market comes to a halt ahead of the US nonfarm payrolls Snapshot of major US indices on Wednesday: Dow -0.2%, NASDAQ +0.3%, S&P 500 flat
Jozef Kovach 12:49 2025-06-05 UTC+2

Stock Market on May 5th: S&P 500 and NASDAQ Slowed Down Growth

At the end of the last regular session, U.S. stock indices closed with modest gains. The S&P 500 rose by 0.01%, and the Nasdaq 100 added 0.32%. The Dow Jones
Jakub Novak 10:40 2025-06-05 UTC+2

Update on US stock market on June 4

S&P500 The US stock market is extending its growth Snapshot of major US stock indexes on Tuesday: Dow +0.5%, NASDAQ +0.8%, S&P 500 +0.6%, S&P 500 at 5,970
Jozef Kovach 10:19 2025-06-04 UTC+2

Stock Market on June 4: S&P 500 and NASDAQ Showed Strong Daily Growth

At the end of the last regular session, U.S. stock indices closed higher. The S&P 500 rose by 0.58%, while the Nasdaq 100 gained 0.81%. The industrial Dow Jones strengthened
Jakub Novak 09:34 2025-06-04 UTC+2

Update on US stock market on June 03

S&P500 Snapshot of major US stock indices on Monday: Dow +0.1%, NASDAQ +0.7%, S&P 500 +0.4%, S&P 500 at 5,936, within the range of 5,400 to 6,200 The stock market
Jozef Kovach 11:41 2025-06-03 UTC+2

Top analytics

Relevance up to 08:00 2025-06-15 UTC--5
The Dollar Is Doomed, Though It Doesn't Know It Yet
00:21 2025-06-11
Fundamental analysis
Relevance up to 09:00 2025-06-15 UTC--5
The Dollar Stabilized, but It Won't Last Long
18:45 2025-06-10
Fundamental analysis
Relevance up to 06:00 UTC--5
USD/JPY: Simple Trading Tips for Beginner Traders on June 10th (U.S. Session)
18:39 2025-06-10
Forecast
Relevance up to 11:00 2025-06-15 UTC--5
Japan Hopes for a Positive Outcome in Trade Negotiations—Otherwise, Recession and Rising Inflation Loom
00:21 2025-06-11
Fundamental analysis
Relevance up to 10:00 UTC--5
GBP/USD: Labor Market Cools Down, But the Pound Holds Its Ground
00:21 2025-06-11
Fundamental analysis
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.