Economic Events

FxPro Daily Insight for April 13

Market overview

Futures for S&P500 today lose 0.3% after rising 1.5% on Thursday. At the opening of the day, their decline exceeded about 2%, but gradually redeemed throughout the day. Today, there will be no trading on the highest European exchange.

The FX market volatility fell noticeably due to the Easter holidays. DXY has changed little since the beginning of the day. The dollar retreats to AUD, JPY and NZD, as well as GBP. It adds to European NOK, TRY, PLN, EUR.

Earlier today, Gold raised to $1695, one step from the 8-year highs near $1700, touched in March.

Brent opened the week at $34.60, and then had declined to $32.0 on speculations that the OPEC+ historic deal was insufficient with the current drop in demand.

Important events for April 14, GMT (Exp.): 02:00 Cn !! Trade Balance (Mar, 19.7B) 12:30 US !! Import Price Index (Mar, -4.6% y/y) —- All !!! G7 Meeting —- All !! IMF Meeting

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