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.

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