Market overview
FX: USD recaptures its positions in anticipation of Powell’s speech. GBP remains below 1.25, falling to 2-year lows yesterday.
Stocks: The pressure on the stock indices went back during the Asia trading session. SPX returned to Tuesday’s opening levels, HengSeng at 2-week lows.
Commodities: Brent has grown to $64.70 after reports on the decline in the U.S. inventories. Gold at $1390, returning to a corrective decline.
Crypto: Bitcoin has gone up to $13000, but altcoins have ignored the latest wave of growth.
Important upcoming events (GMT):
08:30 UK [!!!] Monthly GDP 14:00 CA [!!!] Bank of Canada rate decision 14:00 US [!!!] Powell’s report to Congress 18:00 US [!!!] FOMC meeting minutes
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
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