Market update: SPY, UUP, GLD and USO levels at Oct 27, 19:01 UTC

Where prices stand

The USO ETF is $163.43 and fell 1.68% from the prior close. The GLD ETF is $371.97 and rose 1.13% from the prior close. The SPY ETF is $769.73 and rose 0.57% from the prior close. The UUP ETF is $29.12 and rose 0.38% from the prior close. All prices are as of Oct 27, 19:01 UTC, according to Finnhub.

Trend check

Finnhub's trend signal shows WTI Crude Oil is bullish with RSI(14) 62.5. The signal lists last close 107.89, SMA50 94.53 and long SMA 86.42.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 26, 22:41 UTC); it is not a recommendation.

In the news

The U.S. Commodity Futures Trading Commission announced it will publish the COT Report semiweekly, according to the U.S. Commodity Futures Trading Commission. Reuters reported a poll showing high inflation to persist globally into next year, according to Reuters. CoinDesk reported Brazilian companies turned to stablecoins on election day, and Forexlive reported Flávio Bolsonaro reportedly fled Brazil for the US after his election loss, according to CoinDesk and Forexlive.

• CFTC Announces Semiweekly Publication of the COT Report — U.S. Commodity Futures Trading Commission, Oct 27, 17:47 UTC
• High inflation to persist globally into next year, Reuters poll shows — Reuters, Oct 27, 13:41 UTC
• Brazilian companies turned to stablecoins on election day to dodge a currency crash — CoinDesk, Oct 27, 16:59 UTC
• Flávio Bolsonaro reportedly flees Brazil for the US after election loss — Forexlive, Oct 27, 17:29 UTC

What to watch

The FOMC rate decision is scheduled Wed Oct 28, 18:00 UTC, per federalreserve. Personal income and outlays / PCE (BEA) are scheduled Thu Oct 29 (time not confirmed), per fred, and GDP (BEA) is scheduled Thu Oct 29 (time not confirmed), per fred. The ECB monetary policy decision is scheduled Thu Oct 29, 13:15 UTC, per ecb, and the Employment Cost Index is scheduled Fri Oct 30, 12:30 UTC, per bls.

• Wed Oct 28, 18:00 UTC — FOMC rate decision (US) (source)
• Thu Oct 29 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
• Thu Oct 29 (time not confirmed) — GDP (BEA) (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

• U.S. Commodity Futures Trading Commission (primary source) — CFTC Announces Semiweekly Publication of the COT Report
• Reuters (secondary source) — High inflation to persist globally into next year, Reuters poll shows
• CoinDesk (secondary source) — Brazilian companies turned to stablecoins on election day to dodge a currency crash
• Forexlive (secondary source) — Flávio Bolsonaro reportedly flees Brazil for the US after election loss
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• Federal Reserve (primary source) — calendar
• 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
• Bank of England (primary source) — calendar

Market data as of Oct 27, 19:01 UTC; report generated Oct 27, 19:02 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.