Market overview
FX: The dollar index changed only slightly over the last 24h, remained at 97.8. Commodities CAD and AUD, as well as Chinese CNH, are losing ground following concerns over progress in US-China trade negotiations. EURUSD almost unchanged at 1.1070. GBPUSD reversed on Wednesday evening, risen to 1.2930.
Stocks: Futures for S&P500 closed Wednesday with a decline, increased the pullback from peak levels to 1%. Chinese China A50 loses 1%. MSCI World loses 0.5% per day. The VIX volatility index fell slightly from 12.9 to 12.8.
Commodities: Brent turned to growth at the end of the day Wednesday, trading at $ 61.5 (+ $ 1.5). Gold retains a slight upward bias, but $ 5 below the level of 24h ago at $1472.
Crypto: Bitcoin decline trend is developing. The course came close to $ 8000, down 12 of the last 13 sessions. Top 10 altcoins in the red zone, varying from -6.8% (BNB) to -1.1% (BCH).
Important upcoming events (GMT):
12:30 🇪🇺 EUR [**] ECB Monetary Policy Meeting Accounts 13:30 🇺🇸 USD [**] Philly Fed Manufacturing Index 15:00 🇺🇸 USD [**] US Existing Home Sales
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
