Categories: Market Overview

FxPro Daily Insight for November 1

Market overview

FX: The dollar remains under pressure, declined another 0.1% at DXY. GBPUSD added 0.5% this morning, EURUSD virtually unchanged to Thursday’s close near 1.1150. Often, ahead of Payrolls report, market volatility drops noticeably, just to taking off immediately after it.

Stocks: Futures for S&P500 retreated 0.1% over last 24h 3042. MSCI World at the same levels as the day before. The VIX volatility index grew from 12.2 to 13.0.

Commodities: Brent lost $ 1.1 to $59.5. Gold jumped to $1512.

Crypto: Bitcoin maintaining its positions at $ 9100. The top-10 altcoins ranged from -2.3% (BSV) to + 8.2% (XLM).

Important upcoming events (GMT): 12:30 USD [!!!] US Employment report 14:00 USD [!!] Manufacturing ISM 17:00, 18:30 USD [!!] FOMC Members Clarida, Quarles, Williams Speak

Detailed economic calendar

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.

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