Categories: Market Overview

FxPro Daily Insight for October 1

Market overview

FX: The dollar index climbed another 0.4% to 99.2. EURUSD lost 0.5% to 1.0880 before European open. GBPUSD virtually not changed overnight, remaining at 1.2270 in anticipation of the presentation of the Brexit plan before UK Parliament.

Stocks: S&P500 futures turned to rise on Monday to 2990. MSCI World has returned to levels since the beginning of the day after rising 0.1%; major Asian indices are adding within 0.2%. The VIX volatility index fell from 17.2 to 16.1.

Commodities: Brent fell to $59.20 and remains below $ 60.0, having completely recovered the jump on explosions in the SA. Gold develops a sharp weakening, dropped by another 1.8% to $ 1460.

Crypto: Bitcoin is growing at 7% per day, trading at $ 8400. Top-10 altcoins add from 5% to 8% in the last 24 hours.

Important upcoming events (GMT):

08:00 EUR [!!] Euro area Manufacturing PMI 09:00 EUR [!!] Euro area CPI 12:30 CAD [!!!] Canada GDP 14:00 USD [!!!] ISM Manufacturing PMI

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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