FxPro Daily Insight for September 23

Market overview

FX: The dollar index rose to 98.4 on Monday due to the strengthening against the euro. EURUSD fell back below 1.1000 on the weak eurozone PMIs; safe-heavens, JPY and CHF, are up for the third trading session; commodity-linked NOK, ZAR and CAD lost more than 0.4% to USD this morning. NZDUSD is trying to catch on 0.6250. The volatility of the foreign exchange market increased at the beginning of the week.

Stocks: S&P500 Futures lost 0.9% to 2983 since Friday morning. MSCI world fell to 0.25% since the beginning of the day. Nikkei225 reversed sharply to decline, down 0.9% this week. The VIX volatility index grew from 13.9 to 15.3.

Commodities: Brent rose to $ 64.0 following the Middle East rising tensions. Gold is in higher demand on such news, reaching $1,520.

Crypto: Bitcoin dropped to $9900. Top 10 altcoins vary from -3% to + 2% in the last 24 hours.

Important upcoming events (GMT): 13:00 EUR [!!!] ECB President Mario Draghi Speaks 13:45 USD [!! ] Manufacturing PMI 13:50 USD [!! ] FOMC Member John C. Williams Speaks 17:00 USD [!! ] FOMC Member James Bullard Speaks

Detailed economic calendar