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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.
The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
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 market sentiment is mixed as investors are weighing on additional government support measures amid increasing virus cases throughout the world.
The market sentiment is mixed ahead of the US consumer sentiment report.
The US consumer sentiment will be published on July 17 at 17:00 MT time.
The European central bank will publish the main refinancing rate and make a statement on Thursday, July 16, at 14:45 MT time. Also, the ECB’s press conference will be later at 15:30 MT time.
Optimism about the Moderna vaccine improved the market sentiment. Let’s have a closer look, what’s happening today.
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