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

The crypto market is stuck in the mud

Market Picture The crypto market has been hovering in a narrow range for the past…

2 hours ago

FTSE 100 Wave Analysis – 17 March 2025

FTSE 100: ⬆️ Buy - FTSE 100 reversed from key support level 8425.00 - Likely…

18 hours ago

Alibaba Wave Analysis – 17 March 2025

Alibaba: ⬆️ Buy - Alibaba broke the key resistance level 145.00 - Likely to rise…

18 hours ago

EURNZD Wave Analysis – 17 March 2025

EURNZD: ⬇️ Sell - EURNZD reversed from long-term resistance level 1.9160 - Likely to fall…

22 hours ago

AUDUSD Wave Analysis – 17 March 2025

AUDUSD: ⬆️ Buy - AUDUSD broke resistance level 0.6350 - Likely to rise to resistance…

22 hours ago

Weak US retail sales might boost stocks

Weak US retail sales are adding to concerns of a potential recession, putting pressure on…

1 day ago

This website uses cookies