FxPro Daily Insight for August 30

Market overview

FX: The dollar index added 0.1% this morning to 98.50 after gaining 0.3% on Thursday, near highs since 2017. EURUSD fell to 1.1035, testing 27-month lows. GBPUSD fell to 1.2170. The FX market volatility decreased somewhat.

Stocks: S&P 500 futures added 0.2% after rising 1.5% and near the upper limit of the August trading range. MSCI Asia Pacific grew 1% in the morning. The VIX volatility index fell from 18.9 to 17.90.

Commodities: Brent stay unchanged on Friday morning at $ 60.20 after rising 0.7% on Thursday. Gold rolled back to $1527 following a decline in craving for defensive assets.

Crypto: Bitcoin stabilized near $9500 after a failure the day before. The top 10 altcoins range from -4% to + 4% over the past 24 hours.

Important upcoming events (GMT):

08:30 GBP [!!] U.K. Net Lending to Individuals 09:00 EUR [!!] Euro area Consumer Price Index 12:30 USD [!!] U.S. Personal Income / Outlays 12:30 CAD [!!!] Canada Gross Domestic Product

Detailed economic calendar