Market overview FX: The dollar index is unchanged at the beginning of the week at 98.80 after strengthening by 0.4% on Friday, updating the highs from 2017. EURUSD slid below 1.10. GBPUSD fell to 1.2170. At the same time, market volatility slightly decreased.
Stocks: S&P 500 futures opened the week with a 0.9% fall, but have already recaptured about half of the initial failure. MSCI Asia Pacific is losing 0.25%. The VIX volatility index has grown from 17.90 to 18.98.
Commodities: Brent is adding 0.2% to 58.98 after failing at 2.6% on Friday. Gold rolled back to $1523 amid rising dollar.
Crypto: Bitcoin is making growth attempts at $ 9,750, finding the bottom at 9,300 on Thursday and Friday. Top 10 altcoins vary in the range from -2.7% to + 4% over the past 24 hours.
Important upcoming events (GMT):
08:00 EUR [ !!] Euro area Manufacturing PMI 08:30 GBP [!!!] U.K. Manufacturing PMI All day U.S. Labor Day Detailed economic calendar
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies