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

AddThis Website Tools
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
Tags: eurnfpusd

Recent Posts

GBPUSD Wave Analysis – 18 March 2025

GBPUSD: ⬆️ Buy - GBPUSD reversed from support zone - Likely to rise to resistance…

1 hour ago

GBPAUD Wave Analysis – 18 March 2025

GBPAUD: ⬆️ Buy - GBPAUD reversed from the support zone - Likely to rise to…

1 hour ago

Solana Wave Analysis – 18 March 2025

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

3 hours ago

CHFJPY Wave Analysis – 18 March 2025

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

3 hours ago

The crypto market is stuck in the mud

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

8 hours ago

FTSE 100 Wave Analysis – 17 March 2025

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

1 day ago