Forex Sky Eye APP News: Today, on November 7th (Thursday), the US dollar index hit another 98 mark. The euro fell slightly to 1.1055 in the Asian session, and the pound fell slightly at 1.2850. The Australian dollar fell first and then rose around the 0.6870 line. The US dollar/JPY fell sharply to 108.63 in the early trading. Gold prices in Asian session hovered at 1490, while international crude oil converged at 56.35. At 20:00 pm, the Bank of England will announce its interest rate decision, and the market generally expects that the Bank of England will keep interest rates unchanged this time.
[ stock market closes]
Taiwan Stocks: China Taiwan Weighted Index closed down 46.51 points, a drop of 0.4%, at 11,606.56 points on Thursday.
Australian stocks: Australian ASX200 index closed up 66.40 points, or 1.00%, at 6726.60 points on Thursday.
stocks: Nikkei 225 index closed down 2.32 points, or 0.01%, to 23,301.50 points on Thursday.
Korean stocks: South Korea KOSPI index closed up 0.14 points, or 0.01%, at 2144.29 points on Thursday.
A shares: China's Shanghai Composite Index closed up 0.12 points on November 7 (Thursday), up 0.00%, to 2978.71 points; China's Shenzhen Component Index closed up 56.51 points on November 7 (Thursday), up 0.57%, to 9917.49 points; China's ChiNext Index closed up 12.56 points on November 7 (Thursday), up 0.74%, to 1715.58 points.
Hong Kong stocks: China Hong Kong Hang Seng Index fell 97.591 points, a drop of 0.35%, to 27,591.049 points before issuing the article on November 7 (Thursday).
[Financial News]
A shares closed: Shanghai Composite Index fluctuates and compiles photoresist concept leads the rise. Theme
Foreign exchange Tianyan analysts believe that today the stock indexes of Shanghai and Shenzhen stock markets collectively opened slightly lower, and then the two markets emerged from a relatively obvious differentiated market. The Shanghai Composite Index fluctuated around the flat line throughout the day, the Shenzhen Component Index broke out of the rebound, and the ChiNext Index also rebounded and rose. There are many hot sectors in the two markets, but there are no strong sectors that can drive market sentiment.
Australia's September trade account was better than expected
During the Asian session on Thursday (November 7), the Australian Bureau of Statistics announced its September trade account. Data shows that Australia's commodity and service trade account in September was higher than expected. Judging from the September import and export data released by the Australian Bureau of Statistics, they are better than expected, especially the monthly export rate is significantly better than the previous value, which fully reflects the beneficial effect of its low interest rates on exports.
pounds build a bullish pennant shape to prepare for the Bank of England "Super Thursday"
pound/USD fell slightly on Thursday and is currently near its low of more than a week at 1.2843. The Bank of England will announce monetary policy resolution later this day, with widespread expectations of the outside world, and investors focus on how the central bank will deal with the uncertainty brought about by Brexit.
Global central bank stimulus policies have become the end of their strength. Will the prosperity bubble of the bond market be punctured?
According to Bloomberg , as central banks believe they have made enough efforts to avoid the recession, monetary easing this year is moving from flooding to trickle, giving investors reason to believe bond yields have finally bottomed out.
[Foreign Exchange Market]
USD, USD index continued to rise to the 98.00 mark today. Previously strong non-manufacturing data boosted the dollar. Currently, the US dollar index remains at a high level for temporary rest, and the increase may further expand in the future. However, as far as the market is concerned, fundamentals have released multiple unfavorable signals, leaving the US dollar still facing downside risks.
[Commodity Market]
Gold In terms of today's Asian session, international spot gold rebound was sorted out at 1490. Market uncertainty remains, and investors are cautious and have led to gold prices rebounding to this level. However, the short-term consolidation trend of gold prices has not changed, and the increase is expected to continue to be restricted. Overnight, the IMF further lowered its economic growth expectations in the eurozone. The resignation of the second cabinet member since the election also suppressed market optimism and still supported gold prices. As of November 6, the world's largest silver ETF, iShares Silver Trust, held 11,793.57 tons, an increase of 87.21 tons from the previous trading day.Gold ETFs data on November 7 showed that as of November 6, the gold ETF-SPDR Gold Trust's gold holdings amounted to 915.85 tons, the same as the previous trading day.
Crude oil In terms of international crude oil fell slightly today at the 56.35 level. Oil prices have fallen sharply before, as EIA crude oil inventories unexpectedly increased. According to data from the American Energy Information Association (EIA) data, U.S. crude oil inventories rose sharply by 7.9 million barrels in the week ended November 1, with analysts expecting an increase of 1.5 million barrels. Gasoline inventory fell by 2.8 million barrels last week, and is estimated to be a decrease of 1.8 million barrels. Distillate stocks fell by 622,000 barrels last week, compared with an estimated 94,900 barrels.
