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