Categories: Market Overview

FxPro Daily Insight for September 11

Market overview

FX: The dollar index remains in a narrow range of around 98.30 for the fifth trading session in a row. EURUSD treads around 1.1030. AUD and CNH added while JPY is declined, reflecting an increase in demand for risky assets. Overall forex market volatility declining.

Stocks: S&P 500 Futures are up 0.2% before the European trading starts. Japanese Nikkei225 grew 0.6% on Wednesday, bringing growth from the beginning of the month to 5.6%. The VIX volatility index grew from 15.2 to 15.3.

Commodities: Brent recovered to $62.3 after a 2% drop to $61.7. Gold suspended the decline, stabilizing after falling below $1,490.

Crypto: Bitcoin has been trading near $10K, declined over the past week. Top-10 altcoins lose from 0.5% to 4.5% in the last 24 hours.

Important upcoming events (GMT): 12:30 USD [!!] U.S. Producer Price Index 14:30 WTI [!!] U.S. Crude Oil Inventories

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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