WIKIFX REPORT: Risk-aversion intensifies ahead of key central bankers’ discussion

The situation or the condition of being in a risk mood favored the US dollar to refresh the weekly top, which in turn drowned prices of gold and crude oil while also directing Antipodeans to the south.

Similar to the Cryptocurrencies also, as they arent left behind in conveying the market fears as BTCUSD and ETHUSD print a four-day downtrend. With bullish markets Still running.

Following are the latest moves of the key assets:

• Brent oil snaps four-day uptrend as it reverses from weekly top, down 0.40% at around $117.70 at the latest

• Gold declines for third consecutive day as sellers attack $1,815 with 0.20% daily loss.

• USD Index stays firmer at the weekly top surrounding 104.50.

• FTSE 100 prints mild intraday gains but STOXX50 and DAX are both down over 1.0% by the press time.

• Wall Street closed with major losses, Nasdaq slumped nearly 3.0%.

• BTCUSD drops 0.90% to trade around $20,000 while ETHUSD loses more than 1.0% by flashing $1,130.