Categories: Market Overview

FxPro Daily Insight for July 31

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

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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