Market Review: Stocks, Bonds, Commodities
Market Review: Forex
#Ce In the morning, the US dollar index was stable at 96.97.
The EUR/USD held well at 1.1780, and the GBP/USD continued to trade around 1.3650.
The USD/JPY posted 144.49, and the USD/CHF remained depressed at 0.7941.
The AUD/USD was slightly down at 0.6550. The Australian central bank is expected to cut its benchmark interest rate by an additional 25 basis points to 3.60% on Tuesday.
Over the weekend, Bitcoin managed to trade at high levels above $109,000, showing potential to break the record level of $112,000 during the week.
#Morning Trading
During Asian trading hours, the EUR/USD fell to 1.1770 and the GBP/USD dropped to 1.3633.
Meanwhile, the USD/JPY climbed to 144.76.
Gold fell to $3,311.
$BTC Bitcoin remained stable at $109,428.
#Expected Today
Eurozone retail sales are expected to decline by 1.0% month-on-month in May.
German industrial production is expected to drop by 0.6% month-on-month in May.
The Halifax House Price Index in the UK is expected to be down by 0.2% month-on-month in June.