Categories: Market Overview

FxPro Daily Insight for July 24

Market overview

FX: USD is growing as more Central banks soften their policy stance

Stocks: SPX adds due to news about trade negotiations and speculation around the reduction of rates by the world Central Bank.

Commodities: Brent adds 1.8% overnight, returning to $64.00. The decline in Gold stopped, returning it to $1422.

Crypto: Bitcoin plunged to $9600, slipping under $10K. Top 10 altcoins lose 2% -6% over the last 24 hours.

Important upcoming events (GMT):

08:00 EU [!!] Preliminary PMI 08:30 UK [!!] High Street Lending 14:00 US [!!] New Home Sales

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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