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
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies
