Categories: Market Overview

FxPro Daily Insight for November 13

Market overview

FX: The dollar index maintains its gains near monthly highs. NZDUSD adds 1% from the beginning of the day after maintaining the RBNZ rate. Besides, the volatility of the foreign exchange market reduced. GBPUSD has settled around 1.2850 in the morning. EURUSD adds 10 points, having managed to return above 1.10 quickly.

Stocks: Futures for S&P500 lost 0.3% this morning, treading waters around 3080 for the 4th trading session. MSCI World lost 0.2% over the last 24h. VIX grew from 12.7 to 13.44.

Commodities: Brent traded at $ 60.8, decreased by $1 overnight. Gold near $1463, received support after dip below $ 1450.

Crypto: Bitcoin almost unchanged overnight near $8750. The top-10 altcoins ranged from -0.6% (XLM) to +5.3% (BNB).

Important upcoming events (GMT):

13:30 USD [!!!] US Consumer Price Index 16:00 USD [!!!] Fed Chairman Powell Speaks 19:10 NZD [!!!] RBNZ Governor Orr Speaks 23:50 JPY [!!] JP Gross Domestic Product 00:30 AUD [!!!] AU Employment Change 02:00 CNH [!!] CN Industrial Production

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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