FxPro Daily Insight for October 10

Market overview

FX: The dollar grew by 0.2% to 98.7 on DXY. Some increase in demand for risky assets weakens the dollar. AUD and NZD are the leaders in growth against USD, adding 0.3% this morning. JPY and TRY lost within 0.1%.

Stocks: S&P500 Futures remain near Wednesday’s closing levels after rising 0.9%. MSCI World added 0.1% on Thursday, but markets are sensitive to new China-US trade talks info. The VIX volatility index fell from 19.7 to 18.6.

Commodities: Brent is trading at $ 58.0, trading this level for the fifth day in a row. Gold stays near $1,506.

Crypto: Bitcoin jumped 5% to $8,600. The top 10 altcoins range from -3% (TRON) to + 6% (Ethereum).

Important upcoming events (GMT):

11:30 GBP [!!!] UK GBP 12:20 GBP [!!!] BOE Governor Carney Speaks 15:30 USD [!!!] US CPI

Detailed economic calendar