Categories: Market Overview

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

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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