Market overview
FX: The dollar index remains near 97.7, tightly tied to the news on trade talks progress. GBPUSD turned to rise on Thursday morning from 1.2835 on reports of a possible phased reduction in US and Chinese tariffs; EURUSD traded at 1.1080, after touching 1.1055.
Stocks: Futures for S&P500 jumped 0.6% on reports from the Chinese officials about the possible signing of Phase 1 in the “coming weeks.” MSCI World is growing 0.2% overnight, updating its historical highs of 2018th. The VIX volatility index fell from 13.15 to 12.58.
Commodities: Brent loses $0.5 in 24 hours, trading near $ 61.7. Gold little changed, staying near 1487.
Crypto: Bitcoin dipped to $ 9,230. Top 10 altcoins in the green zone, varying from -7% (XLM) to -1.6% (XRP).
Important upcoming events (GMT):
13:00 EUR [!!] European Commission Economic Forecasts 15:00 GBP [!!!] BoE’s Rate decision and Monetary policy report 16:30 USD [!!] US Unemployment Claims
- GBPUSD broke support zone - Likely to fall to support level 1.2465 GBPUSD currency…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.9000 USDCHF currency…
The decline in EURUSD was driven by weak PMI figures, with France and Germany both…
Gold has reached record high in euro above 2600, and growing fast in dollar terms…
The crypto market is booming as the anticipation of regulatory changes grows. Bitcoin nears $100K,…
- GBPCAD broke support zone - Likely to fall to support level 1.7500 GBPCAD currency…
This website uses cookies
