Market overview
FX: The dollar is showing growth attempts after a prolonged weakening. DXY rose to 97.0, almost unchanged in a day. GBPUSD warily rolls back from levels above 1.30 yesterday, trading near 1.2930 at the time of writing ahead of a meaningful vote in Parliament. Demand for “yielding” currencies is increasing: NZD, TRY are the leaders in growth, while CHF is losing ground.
Stocks: S&P500 Futures lost their steam after growth overnight, retreating to 3000 after touching 3013 earlier in the morning. MSCI World adds 0.6% per day. The VIX volatility index remained near 14.1.
Commodities: Brent declined overnight from $ 58.8 to $ 58.6. Gold is trading near $ 1,488, staying in a limited range.
Crypto: Bitcoin has not changed in a day, remaining at $ 8,200. The top 10 altcoins range from -0.1% (ETH) to + 13% (BSV).
Important upcoming events (GMT):
12:30 CAD [!!] Canada Retail Sales 14:00 USD [!!] US Existing Home Sales 18:00 GBP [!!!] UK Parliament Brexit Vote
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
