Скачать или смотреть Loyal Primus Daily Financial News - 20 AUGUST 2024

𝐋𝐨𝐲𝐚𝐥 𝐏𝐫𝐢𝐦𝐮𝐬 - 𝐃𝐀𝐈𝐋𝐘 𝐅𝐈𝐍𝐀𝐍𝐂𝐈𝐀𝐋 𝐍𝐄𝐖𝐒 𝐔𝐏𝐃𝐀𝐓𝐄

We thoroughly cover relevant news, market movements, and economic events from the world capital market.

𝟐𝟎 𝐀𝐮𝐠𝐮𝐬𝐭 𝟐𝟎𝟐𝟒

𝐍𝐄𝐖𝐒

• The dollar dropped to a seven-month low, and the yen reached a one-week high as traders anticipated signals from Fed Chair Jerome Powell about possible interest rate cuts in September.

• Gold remained subdued after surpassing $2,500, as investors took profits and awaited further signals from the U.S. Federal Reserve and Middle East developments.

• Wall Street advanced and the dollar dipped, as optimism grew that the U.S. economy would avoid a recession and cooling inflation could lead to interest rate cuts. The Dow and S&P 500 both rose by 0.5%.

𝐌𝐀𝐑𝐊𝐄𝐓 𝐌𝐎𝐕𝐄𝐌𝐄𝐍𝐓

• The last session saw USD fall 0.9% against JPY

• BTC/USD skyrocketed 1.1% in the last session

• XAU/USD remained largely unchanged in the last session

• WTI/USD made a minor downwards correction of 0.2%

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