Categories: Market Overview

FxPro Daily Insight for November 22

Market overview

Forex: The dollar index little changed for the day. EURUSD stood near 1.1070 before European opening. GBPUSD pushed lower after another attempt to growth.

Stocks: S&P500 managed to turn to growth at the end of the day on Thursday, developing growth on Friday morning. Despite this, China A50 loses 1%. MSCI World adds 0.2% per day. The VIX volatility index has grown slightly from 12.8 to 13.13.

Commodities: Brent touched $ 63.0 (+ $ 1.5) on reports OPEC+ ready to extend quotas. Gold loses $ 2 to levels 24h ago, to 1470, but gained after the drop to $1463 the day before.

Crypto: Bitcoin’s downtrend intensified on Thursday. The course loses 6.5% per day to $ 7500, down 13 of the last 14 sessions. Top 10 altcoins in the red zone, varying from -11% (EOS) to -3% (XRP).

Important upcoming events (GMT):

13:30 CAD [***] Ca Retail Sales 15:00 USD [**] US UoM Consumer Sentiment 18:00 WTI [**] Baker Hughes U.S. 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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