Categories: Market Overview

FxPro Daily Insight for September 27

Market overview

FX: The dollar index develops its climb to the monthly highs to 98.95, adding another 0.3% overnight. EURUSD fell to 1.0900, where it temporarily receives support at the start of trading in Europe. GBPUSD sink this morning to 1.2270 from 1.2500 on Wednesday. Despite this, the volatility of the foreign exchange market remains low.

Stocks: S&P500 futures are losing 0.2% over last 24h, staying at 2980. MSCI World is fell by 0.1% in the morning; major Asian bourses are down within 0.2%. VIX Volatility Index drops from 16.1 to 15.9

Commodities: Brent hold its position near $ 61.2 for the third day in a row. Gold has returned to levels below $ 1,500.

Crypto: Bitcoin loses 4% trading below $ 8,000. Meantime, the top-10 altcoins are decreased from 0.3% to 3.5% over the past 24 hours.

Important upcoming events (GMT):

12:30 USD [!!!] U.S. Durable Goods Orders 12:30 USD [!!] U.S. Personal Income / Outlays 14:00 USD [!!] U.S. Consumer Sentiment

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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