Categories: Market Overview

FxPro Daily Insight for March 4

Market overview Market volatility declined after sharp jumps in both directions over the previous two weeks. Fed rate cuts and market guesses that more to come from other Central Banks, feed cautious demand for risky assets, supporting stock indices: futures for S&P500 + 2.0%, FTSE100 + 1.5%, Dax + 1.4%.

The dollar returned to growth, as expectations swayed to easing from other Central Banks after the Fed.

The leaders in the growth to USD are the commodities ZAR, AUD, RUB. JPY, EUR, CHF lose on restoring risk appetite.

Gold stabilized near $1640, after a 4% jump on Tuesday.

Brent is trading at $ 52.8, receiving buyers support on dips to $51.00 for the second day. Quotes froze in anticipation of signals from the OPEC+ meeting in the coming days and the publication of US inventories data.

Important events, GMT (Exp.): 15:00 Ca !!! BoC Overnight Rate, Mar (1.25%) 15:00 US !!! ISM Non-Manufacturing PMI (54.9) 19:00 US !! Fed Beige Book

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

Share
Published by
The FxPro Analyst Team

Recent Posts

Pro News Weekly: Market Shake-Up, Dollar Drops, Gold Surges, Bitcoin Wobbles!

Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…

4 hours ago

Solana Wave Analysis – 5 December 2025

Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…

5 hours ago

EURAUD Wave Analysis – 5 December 2025

EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…

5 hours ago

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

9 hours ago

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

10 hours ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

24 hours ago

This website uses cookies