Categories: Market Overview

FxPro Daily Insight for August 15

Market overview

FX: The dollar index rose due to the demand for US protective government bonds. USDJPY, USDCHF again added on Thursday morning, Risk-sensitive TRY, ZAR, AUD add more than 0.6% this morning. Overall, volatility on FX has declined.

Stocks: S&P500 futures are shyly recovering after a 3% failure the day before. Chinese markets are adding 1.5%, trying to recover from the sale. The VIX index is at the highs of early August.

Commodities: Brent purchases intensified after the drop below $59. Gold treads at $ 1512, turning down after an unsuccessful attempt to overcome $ 1520.

Crypto: Bitcoin ($ 9,700 now), like the Top 10 altcoins, lost about 7% over the past 24 hours.

Important upcoming events (GMT):

08:30 GBP [!!!] UK Retail Sales 12:30 USD [!!!] US Retail Sales 13:15 USD [ !!] US Industrial Production 22:30 NZD [ !!] Business NZ Manufacturing Index

Detailed economic calendar

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

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