Categories: Market Overview

FxPro Daily Insight for July 17

Market overview

FX: GBP updates 27-month lows on fears of no trade deal Brexit. USD is growing following strong data on the U.S. economy.

Stocks: U.S. Indices turned to decline in the desire of players to fix part of the profits from the previous growth. Asian markets are trading almost unchanged.

Commodities: Brent thread waters just above $64.0 after the decline by 4.8% on Tuesday. Gold try holds above $1400 level.

Crypto: Bitcoin sank under $10000, the whole cryptocurrency market is declining due to pressure from U.S. congressmen for Facebook’s Libra project.

Infographic description

Important upcoming events (GMT): 08:30 UK [!!!] Consumer Price Index 09:00 EU [!!] Consumer Price Index 12:30 CA [!!!] Consumer Price Index 12:30 US [!!!] Building Permits

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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