Categories: Market Overview

FxPro Daily Insight for November 15

Market overview

FX: The dollar index retreated from local highs, falling 0.3% to 98.0. USDCNH fell to 7.0, but did not dare to cross the round level. EURUSD stayed above 1.1000. GBPUSD retreats to 1.2870 from highs at the end of Thursday.

Stocks: Futures for S&P500 exceeded 3100. MSCI World added 0.2% before European opening. Asian markets under pressure after the initial jump, do not share the optimism of US exchanges. The VIX volatility index fell from 13.2 to 13.04.

Commodities: Brent traded at $ 61.8, losing $ 0.4 over the last 24h. Gold is at $1466, stalled after rising earlier in the week.

Crypto: Bitcoin continues to get stuck, dropping to $ 8500. Top-10 altcoins range from -2.5% (XLM) to + 0.3% (EOS).

Important upcoming events (GMT):

10:00 EUR [!!] EA Consumer Price Index 13:30 USD [!!!] US Retail Sales 14:15 USD [!!] US Industrial Production 18:00 WTI [!!] Baker Hughes US Rig Count

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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