Note

Daily Summary for Friday – the 19th of July

· Views 12,911

Last Friday, the DOW 30 and S&P 500 dropped 0.76% and 1.06% respectively. The mainstream of the market is still focusing on the rate cuts. The intension of Fed’s rate cuts bets was reducing after FOMC member Williams’s speech last week. The US president Trump sent tweets on Friday to express his dissatisfaction with the Fed’s “crazy quantitative tightening” monetary policy. This conflict made market participants continue to pay attention to the Fed’s next monetary policy trend.

The price of gold fall sharply from the new high to 1425.31, dropped 1.49%.

The Upcoming events: Japanese BOJ Gov Kuroda Speaks.

 

Daily movement

Asset

Open

Close

High

Low

change%

USDX

96.4700

96.8100

96.9600

96.4000

0.35%

EURUSD

1.1277

1.1219

1.1282

1.1203

-0.51%

GBPUSD

1.2546

1.2497

1.2556

1.2476

-0.38%

USDJPY

107.2770

107.7040

107.9750

107.2130

0.40%

AUDUSD

0.7074

0.7038

0.7082

0.7037

-0.51%

USDCAD

1.3029

1.3058

1.3109

1.3015

0.22%

NZDUSD

0.6782

0.6760

0.6790

0.6758

-0.33%

USDCNH

6.8762

6.8821

6.8852

6.8714

0.09%

GOLD

1446.9000

1425.3100

1452.9100

1420.1800

-1.49%

WTI

55.6700

55.7000

56.3100

54.9600

0.05%

BRENT

62.6600

63.1100

63.6500

62.1300

0.72%

DOW 30

27305.3300

27097.5600

27341.1800

27095.5500

-0.76%

S&P 500

3000.8500

2969.0100

3007.0200

2968.8800

-1.06%

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