Categories: Market Overview

FxPro Daily Insight for October 4

Market overview

FX: Foreign exchange markets have quieted down and move without clear dynamics on Friday, waiting for the NFP and the FOMC members speeches. Asian NZD, AUD, JPY are the leaders in growth to USD, while CHF, TRY and ZAR are sagging.

Stocks: S&P500 futures are almost unchanged in the morning at 2910 after rising 1% on Thursday. MSCI World added 0.1% since the beginning of the day; Hang Seng partially recovered after a 2.2% dip at the start of the day. The VIX volatility index fell from 20 to 19.6.

Commodities: Brent near $58, turning up after decline to $ 56. Gold rose another 0.7% to $1508.

Crypto: Bitcoin slid a bit to $8100. Top 10 altcoins vary from -2% to + 1% in the last 24 hours.

Important upcoming events (GMT):

12:30 USD [!!!] U.S. Employment Report 18:00 USD [!!!] Federal Reserve Chairman Jerome Powell Speaks 18:10 – 20:00 USD [!!] FOMC Members Brainard, George, Quarles Speak

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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