FxPro Daily Insight for July 2
July 02, 2019 @ 10:24 UTC
FX: USD adds after strong data reduces the chances of Fed rate cuts.
Stocks: SPX and Asian indices moved away from Monday’s highs, but cautious purchases remain in the morning.
Commodities: Brent has been growing since morning, returning above $65. Gold is recovering from a failure on Friday and Monday.
Crypto: the Bitcoin Selloff back below 10,000. Most of the top 10 altcoins are losing from 2% to 10% over the last 24h.
Important upcoming events (GMT):
08:30 UK [!!] Construction PMI
09:30 AU [!!!] RBA Governor Philip Lowe Speaks
14:05 UK [!!!] BOE Governor Mark Carney Speaks