{"id":4954,"date":"2021-08-05T08:55:52","date_gmt":"2021-08-05T08:55:52","guid":{"rendered":"https:\/\/blog.sevenstarfx.com\/?p=4954"},"modified":"2021-08-05T08:55:52","modified_gmt":"2021-08-05T08:55:52","slug":"daily-market-outlook-05-august-2021","status":"publish","type":"post","link":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/","title":{"rendered":"Daily Market Outlook, 05 August, 2021"},"content":{"rendered":"<h2><span style=\"color: #ff0000\">Market Wrap: Stocks, Bonds, Commodities<\/span><\/h2>\n<p>U.S. stocks closed mostly lower on Wednesday, with the S&amp;P 500 falling from a record high after data signaled a slowdown in jobs growth in July, and General Motors tracked its worst day since early March.<\/p>\n<p>The Dow Jones Industrial Average declined 323.73 points (0.92%) to 34,792.67, the S&amp;P 500 fell 20.47 points (0.46%) to 4,402.68 and the Nasdaq Composite added 19.2 points (0.13%) to 14,780.50.<\/p>\n<p>Asian shares held on to recent gains in morning trading on Thursday, despite hawkish remarks from a senior official at the U.S. Federal Reserve, that boosted the dollar while weighing on risk appetite, and uncertainty about Chinese policy.<\/p>\n<p>MSCI\u2019s index of Asia-Pacific stocks outside Japan is down 0.60% to 834.29 levels. Australian index rose 0.38% to 7,503.20. Japanese Nikkei slipped 0.21% to 27,584.08.<\/p>\n<p>European stocks were higher on Thursday, with the Stoxx Europe 50 Index gained 0.43% to 4,163.10, Germany&#8217;s DAX rose 0.18% to 15,720.85, and France&#8217;s CAC up 0.54% to 6,782.14, and U.K.&#8217;s FTSE 100 down 0.05% to 7,121.05.<\/p>\n<p>Benchmark 10-year U.S. Treasury fell as demand for safe risk grows again, today 10-year bond yields gained 0.52% to 1.190.<\/p>\n<p>Oil prices rose on Thursday, supported by tensions in the Middle East, but failed to recoup most of the previous day&#8217;s losses after a surprise build in crude stockpiles in the United States, the world&#8217;s top oil consumer.<\/p>\n<p>Spot Brent crude oil slipped 0.41% to $70.10 per barrel. US West Texas Intermediate crude lost 0.34% to $67.92 a barrel.<\/p>\n<p>The yellow metal is lower 0.11% to 1812.53 dollars per ounce.<\/p>\n<h2><span style=\"color: #ff0000\">Market Wrap: Forex<\/span><\/h2>\n<p>The dollar was poised to push higher on Thursday as hawkish comments from the U.S. Federal Reserve led markets to bring forward the likely timing of a policy tightening there, while the action in Europe and Japan remain distant prospects.<\/p>\n<p>Today, the U.S. dollar index measures the greenback against a trade-weighted basket of six major currencies, flat to 92.263.<\/p>\n<p>The Euro US Dollar (EUR\/USD) is a widely traded pair that gained 0.05% today. This left the pairing trading around $1.18350.<\/p>\n<p>The Japanese yen lost against the U.S. dollar on Thursday as the stock pushes higher. Today US\/JPY rose 0.14% to 109.610 level.<\/p>\n<p>Another commodity-related currency higher against the U.S dollar, AUD\/USD gained 0.24% to 0.73940, and NZD\/USD advancing 0.14% to 0.70550.<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">EUR\/USD Intraday: <\/span>Resistance at 1.18530<\/strong><\/h3>\n<p><strong>Our pivot point is at 1.18530<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Take short positions below pivot level with targets at 1.18170 &amp; 1.17960 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Above pivot looks for a further upside to 1.18880 &amp; 1.19090.<\/p>\n<p><strong>Comment: <\/strong>Pair below its 55MA &amp; 20MA and RSI below 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4955 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2021\/08\/EURUSD-3-1024x521.png\" alt=\"\" width=\"1024\" height=\"521\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/EURUSD-3-1024x521.png 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/EURUSD-3-300x153.png 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/EURUSD-3-768x391.png 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/EURUSD-3-1536x781.png 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/EURUSD-3.png 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">GBP\/USD Intraday: <\/span>In a consolidation zone<\/strong><\/h3>\n<p><strong>Our pivot point is at 1.39070<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Sell positions below pivot with targets at 1.38550 &amp; 1.38250 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: The price above pivot would call for further upside to 1.39580 &amp; 1.39880.<\/p>\n<p><strong>Comment<\/strong>: Price below its 20MA &amp; 55MA and RSI above 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4956 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2021\/08\/GBPUSD-3-1024x520.png\" alt=\"\" width=\"1024\" height=\"520\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/GBPUSD-3-1024x520.png 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/GBPUSD-3-300x152.png 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/GBPUSD-3-768x390.png 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/GBPUSD-3-1536x780.png 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/GBPUSD-3.png 1918w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">USD\/JPY Intraday:<\/span> Trend on the upside<\/strong><\/h3>\n<p><strong>Our pivot point is at 109.480<\/strong><\/p>\n<p><strong>Preferable Price\u00a0<\/strong><strong>Action: <\/strong>Buy position above pivot with the target at 109.880 and 110.110 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: The downside breakout of the pivot would call for 109.060 and 108.820.<\/p>\n<p><strong>Comment<\/strong>: price above its 55MA and MACD in positive territory.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4957 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2021\/08\/USDJPY-3-1024x522.png\" alt=\"\" width=\"1024\" height=\"522\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/USDJPY-3-1024x522.png 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/USDJPY-3-300x153.png 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/USDJPY-3-768x391.png 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/USDJPY-3-1536x783.png 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/USDJPY-3.png 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\">AUD\/USD Intraday: <\/span>Support at 0.73800<\/h3>\n<p><strong>Our pivot point is at 0.73800<\/strong><\/p>\n<p><strong>Preferable Price Action: <\/strong>\u00a0Buy Positions above pivot with targets at 0.74110 &amp; 0.74260 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Below pivot looks for a further downside with 0.73490 &amp; 0.73330 as targets.<\/p>\n<p><strong>Comment<\/strong>: Pair above its 20MA and RSI at 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4958 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2021\/08\/AUDUSD-3-1024x521.png\" alt=\"\" width=\"1024\" height=\"521\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/AUDUSD-3-1024x521.png 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/AUDUSD-3-300x153.png 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/AUDUSD-3-768x391.png 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/AUDUSD-3-1536x782.png 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/AUDUSD-3.png 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">CRUDEOIL Intraday:<\/span> Resistance area at 68.99<\/strong><\/h3>\n<h4><strong>Our pivot point is at 68.99\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/h4>\n<p><strong>Preferable Price Action<\/strong>: Below pivots sell Oil with 67.08 &amp; 65.90 as targets.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Buy crude above pivot with targets at 70.88 and 72.15 in extension.<\/p>\n<p><strong>Comment<\/strong>: Crude is below its 55MA and MACD in the negative territory.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4959 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2021\/08\/CRUDEOIL-3-1024x521.png\" alt=\"\" width=\"1024\" height=\"521\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/CRUDEOIL-3-1024x521.png 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/CRUDEOIL-3-300x153.png 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/CRUDEOIL-3-768x391.png 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/CRUDEOIL-3-1536x781.png 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/CRUDEOIL-3.png 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">XAU\/USD Intraday:<\/span> <\/strong><strong>In a consolidation area<\/strong><\/h3>\n<p><strong>Our pivot point is 1814.00<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Further downside to 1805.50 &amp; 1800.40.<\/p>\n<p><strong>Alternative Price Action<\/strong>: If the price gives an upside breakout of a pivot, then the price extends to 1822.90 and 1828.30.<\/p>\n<p><strong>Comment<\/strong>: MACD in negative territory and price below it&#8217;s 20MA &amp; 50MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4960 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2021\/08\/XAUUSD-3-1024x521.png\" alt=\"\" width=\"1024\" height=\"521\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/XAUUSD-3-1024x521.png 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/XAUUSD-3-300x153.png 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/XAUUSD-3-768x391.png 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/XAUUSD-3-1536x782.png 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/XAUUSD-3.png 1918w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\"><span style=\"color: #cf2e2e\">Dow Jones Intraday:<\/span><\/span> Strong resistance at 34,891.00<\/h3>\n<p><strong>Our pivot point is 34,891.00<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Take short positions below pivot with targets at 34,736.00 &amp; 34,656.00.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Above 34,891.00 looks for further upside to 35,055.00 &amp; 35,143.00.<\/p>\n<p><strong>Comment<\/strong>: Price below its 55MA &amp; 20MA and RSI below 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4962 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2021\/08\/WS-3-1024x522.png\" alt=\"\" width=\"1024\" height=\"522\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/WS-3-1024x522.png 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/WS-3-300x153.png 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/WS-3-768x391.png 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/WS-3-1536x783.png 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/WS-3.png 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span> \u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Wrap: Stocks, Bonds, Commodities U.S. stocks closed mostly lower on Wednesday, with the S&amp;P 500 falling from a record high after data signaled a slowdown in jobs growth in&hellip; <\/p>\n","protected":false},"author":2,"featured_media":4966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[124,10,28,41,26,183,33,188,187,185,72,50,189,31,101],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Market Outlook, 05 August, 2021 | Seven Star FX<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Market Outlook, 05 August, 2021 | Seven Star FX\" \/>\n<meta property=\"og:description\" content=\"Market Wrap: Stocks, Bonds, Commodities U.S. stocks closed mostly lower on Wednesday, with the S&amp;P 500 falling from a record high after data signaled a slowdown in jobs growth in&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Seven Star FX\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SevenStar.FX\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-05T08:55:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/U_S_services_sector_growth_accelerates_despite_supply_constraints.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"SevenstarFX\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:site\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SevenstarFX\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/\"},\"author\":{\"name\":\"SevenstarFX\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\"},\"headline\":\"Daily Market Outlook, 05 August, 2021\",\"datePublished\":\"2021-08-05T08:55:52+00:00\",\"dateModified\":\"2021-08-05T08:55:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/\"},\"wordCount\":869,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"keywords\":[\"bitcoin\",\"CRUDEOIL\",\"dow jones\",\"EURO\",\"Oil\",\"oil supply\",\"S&amp;P 500\",\"service growth\",\"service sector\",\"stock rise\",\"US Dollar\",\"Us market\",\"US service\",\"Wall Street\",\"yellow metal\"],\"articleSection\":[\"Daily Market outlook\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/\",\"name\":\"Daily Market Outlook, 05 August, 2021 | Seven Star FX\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\"},\"datePublished\":\"2021-08-05T08:55:52+00:00\",\"dateModified\":\"2021-08-05T08:55:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.sevenstarfx.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Market Outlook, 05 August, 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"name\":\"Seven Star FX\",\"description\":\"Forex Trading\",\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\",\"name\":\"Seven Star FX\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"contentUrl\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"width\":260,\"height\":100,\"caption\":\"Seven Star FX\"},\"image\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SevenStar.FX\/\",\"https:\/\/twitter.com\/sevenstarfx\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\",\"name\":\"SevenstarFX\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"caption\":\"SevenstarFX\"},\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Market Outlook, 05 August, 2021 | Seven Star FX","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/","og_locale":"en_US","og_type":"article","og_title":"Daily Market Outlook, 05 August, 2021 | Seven Star FX","og_description":"Market Wrap: Stocks, Bonds, Commodities U.S. stocks closed mostly lower on Wednesday, with the S&amp;P 500 falling from a record high after data signaled a slowdown in jobs growth in&hellip;","og_url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/","og_site_name":"Seven Star FX","article_publisher":"https:\/\/www.facebook.com\/SevenStar.FX\/","article_published_time":"2021-08-05T08:55:52+00:00","og_image":[{"width":1600,"height":1000,"url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2021\/08\/U_S_services_sector_growth_accelerates_despite_supply_constraints.png","type":"image\/png"}],"author":"SevenstarFX","twitter_card":"summary_large_image","twitter_creator":"@sevenstarfx","twitter_site":"@sevenstarfx","twitter_misc":{"Written by":"SevenstarFX","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#article","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/"},"author":{"name":"SevenstarFX","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088"},"headline":"Daily Market Outlook, 05 August, 2021","datePublished":"2021-08-05T08:55:52+00:00","dateModified":"2021-08-05T08:55:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/"},"wordCount":869,"commentCount":0,"publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"keywords":["bitcoin","CRUDEOIL","dow jones","EURO","Oil","oil supply","S&amp;P 500","service growth","service sector","stock rise","US Dollar","Us market","US service","Wall Street","yellow metal"],"articleSection":["Daily Market outlook"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/","url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/","name":"Daily Market Outlook, 05 August, 2021 | Seven Star FX","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#website"},"datePublished":"2021-08-05T08:55:52+00:00","dateModified":"2021-08-05T08:55:52+00:00","breadcrumb":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-05-august-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sevenstarfx.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Daily Market Outlook, 05 August, 2021"}]},{"@type":"WebSite","@id":"https:\/\/www.sevenstarfx.com\/blog\/#website","url":"https:\/\/www.sevenstarfx.com\/blog\/","name":"Seven Star FX","description":"Forex Trading","publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization","name":"Seven Star FX","url":"https:\/\/www.sevenstarfx.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","contentUrl":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","width":260,"height":100,"caption":"Seven Star FX"},"image":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SevenStar.FX\/","https:\/\/twitter.com\/sevenstarfx"]},{"@type":"Person","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088","name":"SevenstarFX","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","caption":"SevenstarFX"},"url":"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/"}]}},"_links":{"self":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/4954"}],"collection":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/comments?post=4954"}],"version-history":[{"count":3,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/4954\/revisions"}],"predecessor-version":[{"id":4965,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/4954\/revisions\/4965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media\/4966"}],"wp:attachment":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media?parent=4954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/categories?post=4954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/tags?post=4954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}