Categories: Market Overview

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

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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