Categories: Market Overview

Market review and major upcoming events

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.

Detailed economic calendar

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

Share
Published by
The FxPro Analyst Team

Recent Posts

GBPUSD Wave Analysis 14 November 2024

- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…

10 hours ago

USDCAD Wave Analysis 14 November 2024

- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…

10 hours ago

The dollar has reached range limits

The US dollar has strengthened, reaching the upper boundary of its trading range. The British…

12 hours ago

Crypto: Tug-of-war at new altitude

Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…

13 hours ago

USDJPY Wave Analysis 13 November 2024

- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…

1 day ago

USDJPY Wave Analysis 13 November 2024

- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…

1 day ago

This website uses cookies