May 20, 2024

Evening review of the markets 07.08.2023

Evening review of the markets 07.08.2023

AWEX NEWS

In the American market, the exchange price of gasoline for the first time sinceOctober 2022exceeded the maximum. In the mostIn the automotive country of the world, rising fuel prices will quickly affect overall inflation. So far the market is trading at the levels of last Friday.

Bitcoin continues to hold below $29k.altcoins turned red. We will soon find out whether the crypto market has begun to win back some negative things, or whether this is just a simple correction, but the level of short positions continues to grow.

TodayIMOEXlooked even paler than on Friday, a couple more of these closes and it will be possible to end up below 3000. The USD/RUB pair today depicted a figure very reminiscent of a bull trap, or at leastCentral BankThey realized it was time to intervene. Let's see what happens tomorrow.

@awex_news