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

EURCHF Wave Analysis 20 December 2024

- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…

2 days ago

USDCHF Wave Analysis 20 December 2024

- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…

2 days ago

The US dollar ends the year on a strong note

The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…

2 days ago

How deep will crypto dive?

The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…

2 days ago

EURGBP Wave Analysis 19 December 2024

- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…

3 days ago

EURJPY Wave Analysis 19 December 2024

- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…

3 days ago

This website uses cookies