FxPro Daily Insight for July 31
July 31, 2019 @ 11:00 +03:00
Market overview FX: GBPUSD stabilized at 1.2150 after the collapse the day before; Commodity currencies, except NZD, are carefully added after several days of decline. Stocks: Indices of markets under moderate pressure before the Fed meeting. Heng Seng sank to 6-week lows. Commodities: Brent rose another 1.5% to $65. Gold returned to the area above $1430. Crypto: Bitcoin adds about 2% per day but stays below $10,000. Approximately the same growth is demonstrated by the top 10 altcoins.
Important upcoming events (GMT): 09:00 Consumer Price Index 12:15 ADP Employment Change 12:30 Gross Domestic Product 18:00 FOMC Rate Decision 18:30 FOMC Press Conference