Market update at 19:00 UTC

Where prices stand

As of Oct 28, 19:01 UTC, the USO ETF (which tracks WTI Crude Oil) rose 2.78% from the prior close to $168.44. The GLD ETF (which tracks Gold) fell 0.71% from the prior close to $369.62. The SPY ETF (which tracks S&P 500) rose 0.21% from the prior close to $771.24. The UUP ETF (which tracks US Dollar Index) fell 0.10% from the prior close to $29.09, according to Finnhub.

Trend check

WTI Crude Oil shows a bullish status with RSI(14) 62.50. Its reported close 107.89 sits above the SMA50 94.53 and the long SMA 86.42, offering reference points for the instrument's technical position.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 27, 22:41 UTC); it is not a recommendation.

In the news

The Federal Reserve issued an FOMC statement, the Federal Reserve reported. The Bank of England published a letter from the Chancellor titled "Remit for the Monetary Policy Committee - October 2026," the Bank of England reported. The U.S. Commodity Futures Trading Commission said it will host a roundtable on 24/7 trading, the U.S. Commodity Futures Trading Commission reported; Reuters reported that Brazil's Flavio Bolsonaro arrived in the US after election defeat.

• Federal Reserve issues FOMC statement — Federal Reserve, Oct 28, 18:00 UTC
• Remit for the Monetary Policy Committee - October 2026 — Bank of England, Oct 28, 14:16 UTC
• CFTC to Host Roundtable on 24/7 Trading — U.S. Commodity Futures Trading Commission, Oct 28, 17:00 UTC
• Brazil's Flavio Bolsonaro arrives in US after election defeat — Reuters, Oct 28, 13:41 UTC

What to watch

GDP (BEA) is scheduled Thu Oct 29 (time not confirmed); Personal income and outlays / PCE (BEA) is scheduled Thu Oct 29 (time not confirmed); Weekly jobless claims (DOL) is scheduled Thu Oct 29 (time not confirmed); the ECB monetary policy decision is scheduled Thu Oct 29, 13:15 UTC; the Employment Cost Index is scheduled Fri Oct 30, 12:30 UTC.

• Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
• Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
• Thu Oct 29 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Oct 29, 13:15 UTC — ECB monetary policy decision (EU) (source)
• Fri Oct 30, 12:30 UTC — Employment Cost Index (US) (source)

Sources and data

• Federal Reserve (primary source) — Federal Reserve issues FOMC statement
• Bank of England (primary source) — Remit for the Monetary Policy Committee - October 2026
• U.S. Commodity Futures Trading Commission (primary source) — CFTC to Host Roundtable on 24/7 Trading
• Reuters (secondary source) — Brazil's Flavio Bolsonaro arrives in US after election defeat
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Energy Information Administration via FRED (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar

Market data as of Oct 28, 19:01 UTC; report generated Oct 28, 19:01 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.