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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