Categories: Market Overview

FxPro Daily Insight for November 14

Market overview

FX: The dollar index maintains its positions near monthly highs. AUDUSD lost 0.5% after weak employment data. EURUSD rebounds for the second day in a row after attempts to lower under 1.1000. GBPUSD remains at 1.2850, gaining 20 points, despite weaker retail sales.

Stocks: Futures for S&P500 remains near the all-time highs at 3089. MSCI World unchanged to levels 24h ago. The VIX volatility index fell from 13.44 to 13.2.

Commodities: Brent traded at $ 62.2, adding losing $ 1.4 per day. Gold increased to $1469, developing a rebound after brief touch $ 1450.

Crypto: Bitcoin is slowly losing ground, dropped to $ 8600. The top-10 altcoins range from -3.5% (BCH) to + 1.5% (XMR).

Important upcoming events (GMT):

13:30 USD [!!] US Producer Price Index 15:00 USD [!!!] Fed Chairman Powell Speaks 16:00 WTI [!!] US Crude Oil Inventories

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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