Market review and major upcoming events
June 12, 2019 @ 11:10 +03:00
FX: USD near 11-week lows to the basket of major currencies on expectations of Fed’s easing.
Stocks: U.S. Indices (SPX, DJIA) lose 0.5% over 24h. HengSeng drops by almost 2% due to protests in Hong Kong.
Commodities: Brent fell 2.2% per day, losing more than $1 since the beginning of the day. Gold turned to growth.
Crypto: Bitcoin again tries to break above $8000, Litecoin paused growth after 40% over the last week.
Important events and speeches (GMT) (!!!) 08:15 ECB President Mario Draghi will deliver a speech titled “Resilience to global headwinds?” (!!!) 12:30 U.S. Consumer Price Index: prev. 2.0% y/y, forecast of 1.9% y/y
(!!) 14:30, U.S. Weekly Crude Oil Inventories: prev. 6.8M, forecast 0.5M.