FxPro Daily Insight for September 25
September 25, 2019 @ 11:20 +03:00
Market overview
FX: The dollar index remains in the range 97.9-98.2. EURUSD stays just below 1.1000. The dollar adds to all major currencies, strengthening from 0.1% to CHF to 0.8% to ZAR. Foreign exchange market volatility rose from a low level.
Stocks: S&P500 futures are losing 0.1% in the morning after a 0.8% drop the day before. Nikkei225 corrects after rally at the beginning of the month. The VIX volatility index jumped from 14.9 to 17.2.
Commodity: Brent continues to decline, dropping to $61.2. Nervousness of the markets helps Gold growth to $1530.
Crypto: Bitcoin fell by 14% to $ 8300. Top 10 altcoins lose from 12% to 25% in the last 24 hours.
Important upcoming events (GMT):
10:00 GBP [!!] U.K. CBI Realized Sales 12:00 USD [!!] FOMC Member Charles Evans Speaks 14:00 USD [!!] U.S. New Home Sales 14:30 USD [!!] U.S. Crude Oil Inventories