Market Overview

FxPro Daily Insight for November 11

Market overview FX: The dollar index lost 0.1% on Monday morning, pulled back after 1.2% growth over the past week. GBPUSD fell below 1.28, declined almost daily from the beginning of the month; EURUSD traded at 1.1020 in early European session, reached lows since mid-October.

Stocks: Futures for S&P500 lost 0.5% on Monday morning. MSCI World added 0.1%, but stayed below Thursday’s peak levels. The VIX volatility index fell to 12.1 – near late April lows.

Commodities: Brent traded at $ 61.4, losing on Monday, despite a growth chord on late Friday trading. Gold added $ 6 to $ 1,465, retreating from August lows.

Crypto: Bitcoin returned to the area below $9000, trading at $8800. The top-10 altcoins varying from -2.3% (BSV) to 3.0% (XLM).

Important upcoming events (GMT): 09:30 GBP [!!!] UK Gross Domestic Product 13:15 USD [!!] FOMC Member Rosengren Speaks

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