FxPro Daily Insight for August 12

Market overview

FX: Currency market volatility declined: EURUSD stuck at 1.12. Although safe-haven CHF, JPY add for the 4th trading session in a row.

Stocks: The China A50 Index recovered last week’s losses, Futures for S&P500 are also trading at higher levels a week ago, but are in no hurry to build up the rebound in the absence of positive signals.

Commodities: Brent Oil exceeded $58, adding for the 3rd trading session. Gold dipped somewhat below 1500, but stay close to 6-years high.

Crypto: Bitcoin slid to $11400, failing to gain a foothold above $12K. Top 10 altcoins added slightly over the past 24 hours

There are no important macroeconomic publications scheduled for today

Detailed economic calendar