FxPro Daily Insight for July 31
July 31, 2019 @ 11:00 UTC
FX: GBPUSD stabilized at 1.2150 after the collapse the day before; Commodity currencies, except NZD, are carefully added after several days of decline.
Stocks: Indices of markets under moderate pressure before the Fed meeting. Heng Seng sank to 6-week lows.
Commodities: Brent rose another 1.5% to $65. Gold returned to the area above $1430.
Crypto: Bitcoin adds about 2% per day but stays below $10,000. Approximately the same growth is demonstrated by the top 10 altcoins.
Important upcoming events (GMT):
09:00 Consumer Price Index
12:15 ADP Employment Change
12:30 Gross Domestic Product
18:00 FOMC Rate Decision
18:30 FOMC Press Conference