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.

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