Daily Summary: Strong rebound on Wall Street 🎯

After an uncertain market open in the USA, indices are set to end the day with significant gains. The US500 is up 1.50% to 5330 points, the US100 increases by 1.60% to 18430 points, and the US2000 gains 1.30% to 2090 points.

Yesterday's panic sell-off among investors was calmed by comments from FOMC representatives and news about the continued optimistic outlook of institutional investors.

The VIX volatility index showed a sharp decline from around 37 points yesterday to levels below 24 points today. This index has risen since the beginning of the month from a level of 15 points.

Caterpillar stock rebounded after the publication of Q2 financial results. The company reported lower revenues but surprised with profit, leading to a 4% rebound. EPS was $5.99, which was 8% higher than expected, while sales amounted to $16.69 billion, slightly below expectations.

In the forex market, there is also a rebound after yesterday's sell-off. The dollar is gaining strongly, remaining one of the better-performing G10 currencies. The USD index, USDIDX, gained 0.40% to 102.8000 points. The Japanese yen remains the weakest currency, with the USDJPY pair rising to 145.2000.

Factory orders in Germany increased by 3.9% month-over-month, stronger than expected. However, this was still a decline of 15.2% on an annual basis.

The RBA keeps interest rates unchanged but sends a hawkish message to the market. The head of the central bank indicates that interest rate cuts are not currently being considered. The AUD is the strongest currency today relative to the strong dollar, gaining 0.7%.

Retail sales in the Eurozone were lower than expected. Annual data for June showed a decrease of -0.3% against a forecast of 0.2% and 0.5% previously (after revision).

In the cryptocurrency market, the rebound is even stronger than in the indices. Bitcoin gained 5.0% to $56700, which is already over 16% higher than yesterday's low around $48500. Ethereum gained slightly less, 3.65%, but the price returned above the $2500 level.

The dollar's strength may put pressure on attempts to rebound in the commodity market. WTI oil gained over 1% today before the publication of new EIA forecasts, now it is declining on a daily basis. EIA expects a price of $80 for WTI by the end of this year.

Gold falls below $2400 per ounce, but still shows significantly less volatility compared to other assets.