Market Overview

FxPro Daily Insight for July 18

Market overview

FX: USD is losing about 0.2% due to weak data and stronger demand for safe assets. AUD gaining 0.3% after the employment data.

Stocks: Key indices are declining in the wake of rising demand for safe-heavens and weak earning reports. SPX lost 0.8% over 24h, while Nikkei225 dropped by 2%.

Commodities: Brent lost another 1% overnight, falling below $63. Gold rolled back to 1420 after the jump to 1430 on Wednesday.

Crypto: The crypto market is showing wary growth. Bitcoin is trying to return above 10,000; top 10 altcoins are growing by 4-16% over the last 24h.

Important upcoming events (GMT):

08:30 UK [!!!] Retail Sales 12:30 US [!!] Philly Fed Manufacturing Index 23:30 JP [!] Consumer Price Index

Detailed economic calendar

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