FxPro Daily Insight for August 22


(MENAFN- FxPro) FX : Dollar index runs around 92.10 for the fourth day. EUR, GBP failed to develop the offensive, having lost about 0.2% on Wednesday. The volatility of the main currency pairs decreases during the week, but today there is interest in protective CHF, JPY restored; 'yielding' TRY and ZAR are on defence.

Stocks : S&P 500 futures are adding around 0.1% in the morning after rising 0.8%. The MSCI of the Asia-Pacific region has been trampled at about the same level since the beginning of the week. Stock market volatility continues to decline.

Commodities : Brent corrected to 59.50 after rising to $ 61 on Wednesday. Gold remains near $1500, losing 0.2% from the start of the day to $1499.

Crypto : Bitcoin loses 2% in 24 hours to $9900. Top 10 altcoins lose from 0.5% to 2.5%.

Important upcoming events (GMT):

08:00 EUR [!!]Euro area PMI preliminary estimate
11:30 EUR [!!]ECB Monetary Policy Meeting Accounts
12:30 USD [!!] U.S. Unemployment Claims
13:45 USD [!!] U.S. PMI preliminary estimate

Detailed economic calendar


MENAFN2208201901560000ID1098912927


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.