Categories: Market Overview

FxPro Daily Insight for August 19

Market overview

FX: Risk-sensitive currencies (ZAR, AUD, NZD) added in anticipation of China, Germany, the United States stimulus. The dollar index is losing 0.1%. Market volatility declined.

Stocks: Key indices in the green zone follow the Chinese markets, adding more than 1.5%. S& P500 futures added 0.8% in the morning after rising 1.4% on Friday. Market volatility declined.

Commodities: Brent grew 1.3% on Monday, again trying to break above $59. Gold lost 0.4%, declined the second trading session after the recovery in demand for risk assets.

Crypto: Bitcoin adds more than 5%, returning to $10700. Top-10 altcoins grow by 5% -8%.

Important upcoming events (GMT):

09:00 EUR [ !!] Euro area Consumer Price Index 01:30 AUD [!!!] RBA Monetary Policy Meeting Minutes

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.

Share
Published by
The FxPro Analyst Team

Recent Posts

EURCHF Wave Analysis 20 December 2024

- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…

2 days ago

USDCHF Wave Analysis 20 December 2024

- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…

2 days ago

The US dollar ends the year on a strong note

The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…

2 days ago

How deep will crypto dive?

The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…

2 days ago

EURGBP Wave Analysis 19 December 2024

- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…

3 days ago

EURJPY Wave Analysis 19 December 2024

- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…

3 days ago

This website uses cookies