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

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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