FxPro Daily Insight for August 22

Market overview

FX: Dollar index runs around 92.10 for the fourth day. EUR, GBP failed to develop the offensive, having lost about 0.2% on Wednesday. The volatility of the main currency pairs decreases during the week, but today there is interest in protective CHF, JPY restored; “yielding” TRY and ZAR are on defence.

Stocks: S&P 500 futures are adding around 0.1% in the morning after rising 0.8%. The MSCI of the Asia-Pacific region has been trampled at about the same level since the beginning of the week. Stock market volatility continues to decline.

Commodities: Brent corrected to 59.50 after rising to $ 61 on Wednesday. Gold remains near $1500, losing 0.2% from the start of the day to $1499.

Crypto: Bitcoin loses 2% in 24 hours to $9900. Top 10 altcoins lose from 0.5% to 2.5%.

Important upcoming events (GMT):

08:00 EUR [!!]Euro area PMI preliminary estimate 11:30 EUR [!!]ECB Monetary Policy Meeting Accounts 12:30 USD [!!] U.S. Unemployment Claims 13:45 USD [!!] U.S. PMI preliminary estimate

Detailed economic calendar