2020-09-30

Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 mark

By yqqlm yqqlm

getInterUrl?uicrIvZQ=5e223b512f5023b16e8efd10d86ae01c - Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 mark

US Market: On Tuesday, Eastern Time, the three major US stock indexes collectively closed down slightly. As of the close, the Dow fell 131.40 points, or 0.48%, to 27,452.66; the Nasdaq fell 32.28 points, or 0.29%, to 11,085.25; the S&P 500 index fell 16.13 points, or 0.48%, to 3,335.47 points.

getInterUrl?uicrIvZQ=f8141d17975a22dd2e52b0da874f2ce4 - Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 markgetInterUrl?uicrIvZQ=fc63218063dd5ea1e38d631c52db03a0 - Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 markgetInterUrl?uicrIvZQ=c1573a51f3dab2a28640589f48444864 - Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 mark

Commodity market: International oil prices closed down, and U.S. tarpaulin oil fell more than 3%. As of the close of trading, the price of light crude oil futures for November delivery on the New York Mercantile Exchange fell 1.31 US dollars to close at 39.29 US dollars per barrel, a decrease It was 3.23%; London Brent crude oil futures for delivery in November fell 1.40 US dollars to close at 41.03 US dollars per barrel, a decrease of 3.30%. Gold futures prices regained the US$1,900 mark, and silver futures prices rose by more than 3.5%. As of the close, the most active December gold futures price on the New York Mercantile Exchange gold futures market on the 29th rose 20.9 US dollars from the previous trading day to close at 1903.2 US dollars per ounce, an increase of 1.11%; December silver futures prices rose 0.841 US dollars, closed at 24.445 US dollars per ounce, an increase of 3.56%.

getInterUrl?uicrIvZQ=cfbb93b3a284a063a21de72aad7a0646 - Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 markgetInterUrl?uicrIvZQ=20169f4f3e014b987331eb65f0673c51 - Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 markgetInterUrl?uicrIvZQ=4324ed20bb14e35758c2f85066ad932e - Overnight trading:European and American stock markets closed down collectively, international oil prices fell more than 3%, gold futures recovered the $1,900 mark

European market: European time on Tuesday, the major European stock indexes all closed down, and the UK FTSE 100 index fell more than 0.5%. As of the close, the London Stock Market”Financial Times” average price index of 100 stocks on the 29th closed at 5897.50 points, down 30.43 points or 0.51%from the previous trading day; Frankfurt stock market in GermanyDAX index closed at 12825.82 points, down 45.05 points from the previous trading day, or 0.35%; France’s Paris stock market CAC40 index closed at 4,832.07 points, down from the previous trading day 11.20 points, a decrease of 0.23%.

The following is a summary of important information about the global market:

External disk Overview strong>

The three major U.S. stock indexes collectively closed down slightly. Aviation stocks fell across the board.

The large U.S. technology stocks were mixed. Apple fell 0.76%, Amazon fell 0.92%, and Netflix rose 0.58.%, Google rose 0.33%, Facebook rose 1.94%, and Microsoft fell 1.04%.

The popular Chinese concept stocks were mixed. Alibaba rose 0.33%, JD fell 1.24%, Pinduoduo fell 1.86%, Baidu fell 2.75%, iQiyi rose 0.97%, Weibo fell 3.75%, Sohu rose 11.42%, Weilai Automobile rose 10.85%, and Ideal Automobile rose 5.91%.

International oil prices closed down on Tuesday. U.S. tarpaulin oil fell more than 3%.

On Tuesday, Eastern time, international oil prices closed down, and U.S. tarpaulin oil fell more than 3%. As of the close, the price of light crude oil futures for November delivery on the New York Mercantile Exchange fell 1.31 US dollars to close at 39.29 US dollars per barrel, a decrease of 3.23%; the price of London Brent crude oil futures for November delivery fell 1.40 US dollars to close At 41.03 US dollars per barrel, a decrease of 3.30%.

Gold futures prices regained the $1,900 mark and silver futures prices rose by more than 3.5%

On Tuesday, Eastern Time, the price of gold regained the $1,900 mark, and silver futures prices rose by more than 3.5%. As of the close, the most active December gold futures price on the New York Mercantile Exchange gold futures market on the 29th rose 20.9 US dollars from the previous trading day to close at 1903.2 US dollars per ounce, an increase of 1.11%; December silver futures prices rose 84.1 cents, to close at 24.445 US dollars per ounce, an increase of 3.56%.

The major European stock indexes all closed down. The British FTSE 100 index fell more than 0.5%.

On Tuesday, European time, the major European stock indexes all closed down. The 100 index fell more than 0.5%. As of the close, the London Stock Market”Financial Times” average price index of 100 stocks closed at 5897.50 points on the 29th, down 30.43 points or 0.51%from the previous trading day; the Frankfurt Stock Market DAX index in Germany closed at 12825.82 points, compared with the previous One trading day fell 45.05 points, a decrease of 0.35%; the Paris stock market CAC40 index closed at 4,832.07 points, down 11.20 points from the previous trading day, a decrease of 0.23%.

Overnight News

Many central banks are brewing new stimulus measures and monetary policy is now divergent

The information released by the central bank this week shows that due to the possible intensification of the economic shock caused by the rebound of the new crown pneumonia epidemic, many economies may increase the scale of stimulus and even implement negative interest rates. But at present, the further easing policy options proposed by the European Central Bank, the Bank of Japan, and the Bank of England have caused considerable divergence in policy paths among decision-makers in various countries and regions.

Sogou’s privatization agreement reached:it will delist from the NYSE and become a wholly-owned subsidiary of Tencent

On September 29, Sogou (NYSE:SOGO announced that it has reached a final agreement on the privatization transaction and will become an indirect wholly-owned subsidiary of Tencent Holdings. The transaction is expected to be completed in the fourth quarter of 2020. After completion, Sogou will delist from the New York Stock Exchange.

Hot spotlight

U.S. over 35,000 aviation employees in October may be unemployed. U.S. media:facing the worst crisis since”911″

US media disclosed that starting from October, more than 35,000 aviation industry employees in the United States may face mandatory vacations or unemployment. This is undoubtedly another catastrophic blow to an industry that is barely”making a living”. Analysts said that the crisis facing the U.S. aviation industry was”unprecedented” and was the worst recession since the September 11 terrorist attacks.

Corporate debt is at a historical high. US corporate bankruptcy may lead to a new round of crisis storm

Since the outbreak of the new crown pneumonia epidemic, many states in the United States have implemented With blockades and”stay-at-home orders,” thousands of US companies have filed for bankruptcy and reorganization, sold assets, and even closed permanently due to the economic shutdown. The bankruptcy of US companies has had an impact on employment, consumption, investment and other indicators, thereby weakening the potential for US economic recovery. According to the analysis of the”Economic and Financial Outlook Report for the Fourth Quarter of 2020″ issued by the Bank of China Research Institute in Beijing on September 28, US corporate debt is rising rapidly and is at a historical high. If corporate profitability and cash flow continue to deteriorate, corporate debt problems may It will become the next storm of the financial crisis.

The essence of comments

Why is Asia the main growth pole of the global economy in the “post-epidemic era”?

2020 is about to enter the final quarter. Under the hidden worries of the”second wave of epidemic,””epidemic” has become a key word throughout 2020. If you look back on the course of economic development under the epidemic this year, it is hard not to notice a change in the pattern-Asia has become an important force for the steady growth of the global economy in a special period. Various forecasts have explained this situation. In May, the Boao Forum for Asia released the”Asian Economic Prospects and Integration Process 2020 Annual Report”. It is predicted that the Asian economy will experience zero growth in 2020, but it will account for more than half of the world’s total economy for the first time in history. Some media believe that in the post-epidemic period of 2021, the global economy will mainly be reflected in the prosperity of Asia.

The support under precious metals is obvious

On the one hand, the possibility of the dollar index rising sharply again in the short term is low, and precious metals are supported; on the other hand, the Federal Reserve Monetary policy remains loose, and precious metals have room for further upside. Overall, the bull market in precious metals is far from over.

Voices from all walks of life

How do you view the market’s concerns about high inflation in the United States?

The market’s concern about high inflation in the United States stems from the theory of the quantity of money. Combined with the historical experience of the Fed’s two substantial expansions, we believe that excessive currency is not necessarily high inflation. At present, the conditions that trigger the risk of high inflation in the United States are not yet sufficient. It is expected that the economic recovery in the coming year will bring about a moderate rise in inflation. In 2021, the central range of US PCE inflation will be 1.3%-1.7%.

How will the silver price go next?

Since the price hit a 7-year high of US$29.9 per ounce in early August, the price of silver has now pulled back 20%. After the price hit a seven-year high of US$29.9 per ounce in early August, silver prices have now pulled back 20%. Many people asked me, I feel that the correction is almost complete, can I bullish silver now? My answer is:Be careful! Be careful! More than a year ago, I wrote”The Logic of Silver Price” and summarized the price of silver as follows.

(Article source:Oriental Fortune Research Center)

Follow the WeChat official account of Oriental Fortune.com [eastmoneynews ], and push you authoritative and professional financial information every day!