Market News 19/8

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🤩Happy Friday! On the last day of the trading week, I would like to share the most recent market updates! Are you ready?

🔥Reportedly, China’s President Xi Jinping and Russia’s Vladimir Putin will visit the G20 summit in Bali, Indonesia. The Indonesian authorities said they were ready to organize the meeting of Putin and US President Joe Biden during the conference.

🤔According to the Bank of America’s “The rule of 20”, the stock market has not yet reached the bottom. “The rule of 20” indicator goes below 20 every time the market goes down. However, during the correction this year, it has only fallen to 27.

😳Germany’s PPI rose by 5.3% over the previous month from 0.6% in June versus 0.7% expected.

🌚The price of Bitcoin has slipped below $22 000 and now is trading near the crucial level of $21 000.

🛢The price of Brent (XBRUSD) stabilized yesterday above the $95 level but started today in red, inching lower to $92.30.

📈The price of gas (XNGUSD) almost retested the high of June this week, spiking above the 9.62 level.

Key events:
Canada’s Retail Sales & Core Retail Sales – 15:30 GMT 3.

 #ChươngTrìnhThủLĩnhÝTưởng# 

 #OPINIONLEADER# 

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