Categories: Market Overview

FxPro Daily Insight for October 3

Market overview

FX: Moderate demand for yielding currencies versus safe-heavens on Thursday. ZAR, SGD, AUD are the leaders in the growth to USD, while CHF and EUR are sinking.

Stocks: S&P500 futures add 0.2% this morning to 2890, but lower by 1% over last 24h. MSCI World loses 0.2%; Hang Seng adds 1.3%. Nikkei225 is in small decline. The VIX volatility index rose to 20, reaching the 2-months highs on Wednesday.

Commodities: Brent traded near $57.50 having lost another $1 overnight. Gold went back to $1,500.

Crypto: Bitcoin has stabilized near $ 8,200. Top 10 altcoins vary from -1% to + 2% in the last 24 hours.

Important upcoming events (GMT):

08:00 EUR [!!] Euro area Services PMI 08:30 GBP [!!] U.K. Services PMI 12:30 USD [!!] U.S. Unemployment Claims 14:00 USD [!!!] U.S. ISM Non-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.

Share
Published by
The FxPro Analyst Team

Recent Posts

Solana Wave Analysis – 18 March 2025

Solana: ⬇️ Sell - Solana reversed from the resistance zone - Likely to fall to…

59 minutes ago

CHFJPY Wave Analysis – 18 March 2025

CHFJPY: ⬆️ Buy - CHFJPY broke resistance zone - Likely to rise to resistance level…

1 hour ago

The crypto market is stuck in the mud

Market Picture The crypto market has been hovering in a narrow range for the past…

6 hours ago

FTSE 100 Wave Analysis – 17 March 2025

FTSE 100: ⬆️ Buy - FTSE 100 reversed from key support level 8425.00 - Likely…

22 hours ago

Alibaba Wave Analysis – 17 March 2025

Alibaba: ⬆️ Buy - Alibaba broke the key resistance level 145.00 - Likely to rise…

22 hours ago

EURNZD Wave Analysis – 17 March 2025

EURNZD: ⬇️ Sell - EURNZD reversed from long-term resistance level 1.9160 - Likely to fall…

1 day ago

This website uses cookies