【Today's Pick】
U.S. retail sales unexpectedly rose in NovemberBank of England: It cannot be said that interest rates have peaked, and it is too early to cut themECB: There was no talk of a rate cut at all
A warning from the LME pushed spot palladium up nearly 12%.
The IEA raised its global oil growth forecast for 2024
Beijing and Shanghai adjusted and optimized the housing purchase policy on the same day
China Securities Regulatory Commission: Actively cooperate with the prevention and resolution of real estate and other risks
Yu Minhong denied that Dongfang selected CEO Dong Yuhui to choose one of the two
[Market Inventory].
On Thursday, the market continued to digest the Federal Reserve's stance, and U.S. Treasury yields extended their declineThe yield on the 10-year Treasury noteIt fell below the 4% mark and finally closed at 3923%, the lowest level since July;More sensitive to the Fed's policy rateTwo-year Treasury yieldsClosed 4386%。
As the European and British central banks both countered the market's expectations of interest rate cuts, in stark contrast to the Fed's attitude, the euro and the pound rose more than 1% against the dollar. U.S. dollar indexThe deepest drop was 10177, a new low since August 10, and finally closed down 1% at 10195。
In stock**Supported by U.S. Treasury yields and lower U.S. dollars, it briefly stood above the $2,040 mark, hit a new 10-day high, and finally closed up 226% in 2024$26 oz;In stock**Closed up 465% at 23$81 oz.
In stock**
Gold aspect:
The ECB has kept interest rates unchanged as scheduled and lowered its inflation expectations, which is the second time it has kept interest rates unchanged and reiterated that it will hold restrictive interest rates when necessary, and since it began raising interest rates in July last year, the ECB has raised interest rates 10 times in a row, with a total of 450 basis points. Ahead of the meeting, investors were widely expected to start cutting interest rates as early as March next year, after which investors weakened bets on rate cuts by the European central bank.
The U.S. dollar continues to grow rapidly**, non-U.S. currencies strengthen, and gold, while not rising sharply, remains strong.
Technical:
Gold rose rapidly after the announcement of yesterday's meeting, and the U.S. market continued to break high, recovering the decline after recovering non-agriculture in one fell swoop, and gold bulls were strong. The upward trend is expected to continue during the day, with a focus on $2,025 support below.
The foreign exchange market is risky
Proceed with caution
The above is only a personal opinion and should not be used as a basis for operation.