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