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.
Market Picture The crypto market has been hovering in a narrow range for the past…
FTSE 100: ⬆️ Buy - FTSE 100 reversed from key support level 8425.00 - Likely…
Alibaba: ⬆️ Buy - Alibaba broke the key resistance level 145.00 - Likely to rise…
EURNZD: ⬇️ Sell - EURNZD reversed from long-term resistance level 1.9160 - Likely to fall…
AUDUSD: ⬆️ Buy - AUDUSD broke resistance level 0.6350 - Likely to rise to resistance…
Weak US retail sales are adding to concerns of a potential recession, putting pressure on…
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