FxPro Daily Insight for August 27

Market overview

FX: Foreign exchange market volatility remained high on Monday. The dollar index virtually unchanged on Tuesday morning after growth by 0.4% on Monday. EURUSD treads around 1.1100. GBPUSD retreated from the area of monthly highs from 1.2260 to 1.2220.

Stocks: Futures for S&P500 lost 0.3% this morning after the jump by 1.1% on Monday. MSCI Asia Pacific decreased by 0.4%. The VIX volatility index fell 3% to 19.32.

Commodities: Brent price almost unchanged this morning changing hands by $ 58.30 after failed growth overnight. Gold gains 0.3% from the start of the day at $1534 after a pullback from $1555 to $1525.

Crypto: Bitcoin remains in a narrow range just above 10K. Top 10 altcoins lose from 1.5% to 4.5% in the last 24 hours.

Important upcoming events (GMT):

08:30 GBP [ !!] UK High Street Lending 13:00 USD [ !] US S&P/Case-Shiller 20 City 14:00 USD [!!!] US CB Consumer Confidence

Detailed economic calendar