Categories: Market Overview

FxPro Daily Insight for September 30

Market overview FX: The dollar index remains near two-year highs at 98.75 at the beginning of the week. EURUSD recoupled to 1.0940 after touching levels below 1.0900 on Friday morning. GBPUSD fell below 1.2300 on Johnson’s note not to resign, even in the event of a Brexit date shift.

Stocks: S&P500 futures continue to decline, dropping to 2970 at the start of trading. MSCI world loses 0.1% in the morning; major Asian indices are down within 0.2%. The VIX volatility index rose from 15.9 to 17.2.

Commodities: Brent is trading at $ 60.7, developing its decline. Gold sank to the September’s low near $1,490.

Crypto: Bitcoin loses 4% per day, trading at $ 7,750. Top 10 altcoins are down from 0.8% to 5.0% over the past 24 hours.

Important upcoming events (GMT): 07:55 EUR [!!] German Unemployment Change 08:30 GBP [!!] U.K. Current Account 12:00 EUR [!!] German CPI 04:30 AUD [!!!] RBA Interest Rate Decision

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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