The overall market sentiment is mixed as new virus cases continue rising throughout the world, but most economic indicators came out better than analysts expected. Let’s look at the main market movements.
The market sentiment switched to risk-off after the Fed’s Powell statement. The USD edged higher, while risker assets started falling after reaching quite high levels. Let’s have a closer look.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
The Federal Open Market Committee will make its statement and announce the interest rate on July 29, at 21:00 MT time.
Gold is eyeing $2 000, the EUR has reached 1.70 and other interesting market movements.
The market is really bullish today. Let’s have a closer look.
How to trade on July 21?
UK Services and Manufacturing PMIs are announced on Friday at 11:30 MT time.
The US unemployment claims are announced on Thursday at 15:30 MT time.
The market sentiment is mixed as investors are weighing on additional government support measures amid increasing virus cases throughout the world.