Categories: Market Overview

FxPro Daily Insight for August 23

Market overview

FX: The dollar index returned to 98.20, this week highs area, having changed minimally for the day. GBP rolled back to 1.2210 after jumping 1.2% to 1.2260 on Thursday. Except for the pound, currencies make minor fluctuations.

Stocks: S&P 500 futures are adding around 0.5% in the morning after falling 0.4% on Thursday. MSCI Asia Pacific is adding 0.1%. Stock market volatility has grown slightly but remains below average.

Commodities: Brent second day remains near 59.50 after rising to $ 61 on Wednesday. Gold slid to 1495, slowly declining the third day.

Crypto: Bitcoin has received support at a downturn at 10,000, trading at 10,200 at the moment. Top 10 altcoins add from 1.5% to 7.0%.

Important upcoming events (GMT): 12:30 CAD [ !!] Canada Retail Sales 14:00 USD [!!!] Fed Chairman Powell Speaks 14:00 USD [ !!] U.S. New Home Sales

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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