Categories: 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

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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