FxPro Daily Insight for October 9

Market overview

FX: The dollar received a new growth momentum amid weakening markets. DXY strengthened to 98.9. ZAR and NZD added 0.3% to USD and the leaders in growth to USD again. JPY and TRY declined by 0.2%.

Stocks: S&P500 futures fell below the level of 2900, having lost 1.4% on Tuesday. MSCI World decreased by 0.1% since the start of the day. The VIX volatility index grew from 17.9 to 19.7.

Commodities: Brent is trading at $ 57.8, reversing towards a decline following the markets. Gold adds 1.1% to $ 1507.

Crypto: Bitcoin was stuck at $ 8150, striking the 9th trading session around this level. Top-10 altcoins fluctuate within the growth range of 0.2% (Litecoin) – 6% (TRON).

Important upcoming events (GMT):

(All Day) Eurogroup Meetings 14:30 WTI [!!] US Crude Oil Inventories 15:00 USD [!!!] Federal Chairman Powell Speaks 18:00 USD [!!!] FOMC Meeting Minutes

Detailed economic calendar