Previous Trading Day’s Events (16.08.2024)
UK Retail Sales MoM: July 2024 retail sales rose 0.5%, rebounding from June’s 0.9% drop, driven by a 1.4% increase in non-food stores, while food sales stalled and automotive fuel sales fell 1.9%.
UK Retail Sales YoY: July 2024 retail sales increased 1.4% YoY, reversing June’s 0.3% decline.
US Building Permits: July 2024 building permits fell 4% to 1.396 million, the lowest in four years, missing the 1.43 million estimate, with multi-family units down 12.4%.
US Consumer Sentiment: August 2024 Michigan Consumer Sentiment rose to 67.8, up from 66.4 in July, marking the first increase in five months.
Winners Vs Losers In The Forex Market
On August 16th, 2024, NZDUSD led the forex market with a +1.16% gain, rising 69.6 pips, while USDJPY was the top loser, dropping -1.13% and losing 168.8 pips.
News Reports Monitor – Previous Trading Day (16.08.2024)
Server Time / Timezone EEST (UTC+03:00)
Tokyo Session: No relevant data.
London Session:
UK Retail Sales MoM: Bearish impact at 6:00 am GMT. Sales up 0.5%, but 1.9% fuel sales decline.
UK Retail Sales YoY: Bearish impact at 6:00 am GMT. Sales up 1.4% YoY, reversing June’s decline.
New York Session:
US Building Permits: Bearish impact at 12:30 pm GMT. Permits down 4% to 1.396M.
US Consumer Sentiment: Bullish impact at 2:00 pm GMT. Sentiment rose to 67.8.
General Verdict:
FOREX MARKETS MONITOR
EURUSD (16.08.2024) 15m Chart Summary
Server Time / Timezone EEST (UTC+03:00)
Price Movements
EURUSD showed a bullish trend, opening at 1.09707 and closing at 1.10261, with a daily high of 1.10294 and a low of 1.09663.
CRYPTO MARKETS MONITOR
BTCUSD (16.08.2024) 15m Chart Summary
Server Time / Timezone EEST (UTC+03:00)
Price Movements
BTCUSD was bullish, opening at $56,649.33 and closing at $59,270.62, with a daily high of $59,864.50 and a low of $56,649.13.
STOCKS MARKETS MONITOR
Alibaba Group. (16.08.2024) 15m Chart Summary
Server Time / Timezone EEST (UTC+03:00)
Price Movements
Alibaba Group (NYSE: BABA) opened at $84.24, closed at $83.15, with a daily low of $81.94 and a high of $84.13
INDICES MARKETS MONITOR
US30 (16.08.2024) 15m Chart Summary
Server Time / Timezone EEST (UTC+03:00)
Price Movements
US30 was generally bullish, opening at $40,612.31 and closing at $40,711.75. The daily low was $40,442.07 and the high was $40,748.50.
COMMODITIES MARKETS MONITOR
XAUUSD (16.08.2024) 15m Chart Summary
Server Time / Timezone EEST (UTC+03:00)
Price Movements
XAUUSD opened at $2455.07 and closed at $2507.48, with a daily low of $2450.20 and a high of $2509.51.
News Reports Monitor – Today Trading Day (19.08.2024)
Tokyo Session: No key data.
London Session: No key data.
New York Session: US CB Leading Index MoM forecast at -0.3% (prior -0.2%). Significant deviation could affect USD, with a larger drop likely weakening the currency.
General Verdict:
Sources :
