FxPro Daily Insight for July 16

Market overview

FX: Forex is experiencing a lull in anticipation of the data. GBP lost about 0.5% on news of Johnson’s leadership in the race for Prime Minister.

Stocks: Stock indices add about 0.1%-0.2%, developing the offensive, but slowing the growth.

Commodities: Crude Oil lost about 1% on Monday. Brent is trading at $66, WTI dip below $60. Gold has not changed much during the day, stayed near $1413.

Crypto: Bitcoin adds about 5% over the last 24h, rising to $10700. Top 10 altcoins add 0.6%-10%.

Infographic description

Important upcoming events (GMT):

08:30 UK [!!!] Employment, wages 09:00 EU [!!] ZEW Economic Sentiment 12:30 US [!!!] Retail sales 13:15 US [!!] Industrial production

Detailed economic calendar