Categories: Market Overview

FxPro Daily Insight for August 28

Market overview

FX: The FX market volatility reduced in the absence of important news. The dollar index has virtually unchanged for the third day at 97.9. EURUSD treading waters around 1.1100. GBPUSD recovered to 1.2300 on news that the opposition is opposed to no-deal Brexit.

Stocks: S&P 500 futures are almost unchanged this morning after falling by 0.3% on Tuesday. MSCI Asia Pacific runs around levels at the start of the day. The VIX volatility index rose from 19.3 to 20.3.

Commodities: Brent unchanged from the beginning of the day at $ 59.40 after rising 2.3% on Tuesday. 1540 Gold after rising 1% a day earlier.

Crypto: Bitcoin remains in a narrow range just above 10K. Top-10 altcoins have not changed much in price over the past 24 hours.

Important upcoming events (GMT):

14:30 WTI [!!] Crude Oil Inventories

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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