The German DE30 is surging again on Monday enjoying news on Brexit extension and is already 9% up from the October low. At present buyers have no major technical obstacle until 13200 points – a double top from June 2018. This week market sentiment will be driven primarily by the FOMC (Wednesday, 6pm BST) – interest rate cut is expected but traders also want to know what the Fed could do next.
Day Summary: Dollar Recovers Losses, Oil Near 3-Week Highs 🗽 US30 Falls 1%
US Open: US100 falls 0.7% as Treasury yields and oil prices surge 🚩 Walmart under pressure
Nasdaq falls ahead of the Wall Street open 🚩 Dollar attempts to recover losses
Economic Calendar: FOMC Minutes Out, PMIs and Japanese Inflation Ahead (20.08.2026)