Categories: Market Overview

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

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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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