Market update: SPY, UUP, GLD and USO at Oct 29 16:00 UTC

Where prices stand

The GLD ETF, which tracks Gold, fell 1.35% from the prior close to $368.47, the largest move among the four tracked markets. The USO ETF, which tracks WTI Crude Oil, fell 0.86% from the prior close to $165.14. The SPY ETF, which tracks the S&P 500, fell 0.28% from the prior close to $770.14. The UUP ETF, which tracks the US Dollar Index, fell 0.07% from the prior close to $29.04. All prices are as of Oct 29, 16:01 UTC, as reported by Finnhub.

Trend check

WTI Crude Oil shows a bullish status with RSI(14) 53.4; its close 103.37 sits above the 50-day SMA 96.61 and the long SMA 87.62. Signal counts show one total trend signal (bullish 1), and no other tracked instruments in this update had a published trend signal.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 28, 22:40 UTC); it is not a recommendation.

In the news

The European Central Bank published "Monetary policy statement" and "Monetary policy decisions", the European Central Bank said. The Bank of England released "Minutes of the Meeting of the Court of Directors held on 17 September 2026", the Bank of England said. CoinDesk reported "U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers".

• Christine Lagarde, Boris Vujčić: Monetary policy statement — European Central Bank, Oct 29, 14:00 UTC
• Monetary policy decisions — European Central Bank, Oct 29, 13:15 UTC
• Minutes of the Meeting of the Court of Directors held on 17 September 2026 — Bank of England, Oct 29, 14:00 UTC
• U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers — CoinDesk, Oct 29, 12:18 UTC

What to watch

The Employment Cost Index is scheduled for Fri Oct 30, 12:30 UTC; it is a medium-importance US macro release, the bls said. Calendar counts list one upcoming event and one macro item for the period ahead.

• Fri Oct 30, 12:30 UTC — Employment Cost Index (US) (source)

Sources and data

• European Central Bank (primary source) — Christine Lagarde, Boris Vujčić: Monetary policy statement
• Bank of England (primary source) — Minutes of the Meeting of the Court of Directors held on 17 September 2026
• CoinDesk (secondary source) — U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Bureau of Labor Statistics (primary source) — calendar
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Federal Reserve (primary source) — calendar

Market data as of Oct 29, 16:01 UTC; report generated Oct 29, 16:10 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.