Sunday, 05 December 2021 08:20 GMT

FxPro Daily Insight for October 30

Market overview
FX : On Tuesday afternoon, the dollar turned to decline, losing 0.2% per day to 97.4 DXY. EURUSD is adding 0.1% today. Forex market volatility remains low in anticipation of the release of GDP and employment data later and the FOMC decision.

Stocks : S&P500 futures remain close to historical highs, almost unchanged since Monday's close. MSCI World without significant changes per day. VIX Volatility Index tumbled to 13.2.

Commodities : Brent added $1, trading at $ 61. Gold traded near $1494 ahead of major publications.

Crypto : Bitcoin dipped to $9000, losing 3.5% per day. The top 10 altcoins range from -5.8% (TRX) to 1.2% (BCH).

Important upcoming events (GMT):
12:15 USD [!!] US ADP Non-Farm Employment Change
12:30 USD [!!] US GDP 1st estimate
14:00 CAD [!!!] BoC Overnight Rate
18:00 USD [!!!] FOMC Rate Decision
18:30 USD [!!!] FOMC Press Conference

Detailed economic calendar


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