Categories: 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

AddThis Website Tools
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.

Share
Published by
The FxPro Analyst Team

Recent Posts

Video: Dollar and Indices are trying to find footing after the fall

The dollar experienced a sell-off but rallied back up by the end of the week.…

2 days ago

What is next: BoJ, Fed, SNB & BoE Rates

The new week will be packed with economic data and decisions from key central banks.…

2 days ago

Dollar attempts to rebound after oversold conditions

Despite economic factors working against the dollar, its oversold condition helped it this week or…

2 days ago

USDCAD Wave Analysis – 14 March 2025

USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…

2 days ago

Solana Wave Analysis – 14 March 2025

Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…

2 days ago

Adobe Wave Analysis – 13 March 2025

Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…

2 days ago