FxPro Daily Insight for August 22
August 22, 2019 @ 11:26 UTC
FX: Dollar index runs around 92.10 for the fourth day. EUR, GBP failed to develop the offensive, having lost about 0.2% on Wednesday. The volatility of the main currency pairs decreases during the week, but today there is interest in protective CHF, JPY restored; “yielding” TRY and ZAR are on defence.
Stocks: S&P 500 futures are adding around 0.1% in the morning after rising 0.8%. The MSCI of the Asia-Pacific region has been trampled at about the same level since the beginning of the week. Stock market volatility continues to decline.
Commodities: Brent corrected to 59.50 after rising to $ 61 on Wednesday. Gold remains near $1500, losing 0.2% from the start of the day to $1499.
Crypto: Bitcoin loses 2% in 24 hours to $9900. Top 10 altcoins lose from 0.5% to 2.5%.
Important upcoming events (GMT):
08:00 EUR [!!]Euro area PMI preliminary estimate
11:30 EUR [!!]ECB Monetary Policy Meeting Accounts
12:30 USD [!!] U.S. Unemployment Claims
13:45 USD [!!] U.S. PMI preliminary estimate