Following the surge in US stocks, the Hong Kong Hang Seng Index opened 1.31% higher. At the close, the Nikkei 225 index rose 1.80%, South Korea's Seoul KLCI rose 1.40%, and the Hang Seng Index rose 0.31%.
Overnight, the European and American stock markets closed up. The three major US stock indexes rose more than 2%, the Dow rose nearly 550 points, and recovered 26,000 points in one fell swoop. Technology stocks performed well, with Amazon rising 6.86% and Apple rising 3.03%. EIA crude oil inventories increased for seven weeks, and US oil closed down for eight consecutive trading days, hitting a new 8-month low. The US dollar index once fell below the 96 mark in the day, and the gold price closed up and ended in a three-day losing streak. New Zealand Federal Reserve announced the maintenance of the benchmarkinterest rateconstant.
Outer disk overview
On Wednesday, the S&P 500 index closed up 58.42 points, or 2.12%, to 2,813.89 points. The Dow Jones Industrial Average closed up 545.29 points, or 2.13%, to 26,180.30. The Nasdaq Composite Index closed up 194.79 points, or 2.64%, to 7570.75 points.
In US technology stocks, Amazon closed up 6.86%, AMD closed up 5.61%, Netflix closed up 5.36%, Dropbox closed up 3.99%, Microsoft closed up 3.94%, Google parent company Alphabet closed up 3.62%, Intel closed up 3.11% Apple closed up 3.03%, Micron Technology closed up 2.84%, Broadcom closed up 2.69%, Spotify closed up 2.22%, Tesla closed up 2.08%, Oracle closed up 2.05%, Twitter closed up 1.66%, IBM closed up 1.4%, Nvidia closed up 1.29%, NXP closed up 1.08%, Facebook closed up 1.06%, and Qualcomm closed down 0.66%.
In terms of stocks, Alibaba rose 3.43%, Jingdong rose 1.99%, Baidu rose 1.54%; Lanting's rally rose 27.4%, Stables Financial rose 7.9%, Vipshop will rise 6.99%, Acorn International rose 6.56% More than 5.5%, Weilai Automobile rose 5.31%; Dunxin Financial fell 7.96%, Xiaoying Technology fell 7.41%, and Atom Zhixing fell 6.71%.
At the close, the European STOXX 50 index closed up about 1.2%. The UK's FTSE 100 index closed up 1.09% to 7117.28 points. The French CAC 40 index closed up 1.24% to 5137.94 points. The German DAX 30 index closed up 0.83% to 11579.10 points. Italy's FTSE MIB index closed up 1.42% to 19540.94 points.
At the close of the US East, COMEX December gold futures closed up 0.2% at $1228.70 per ounce. As of 05:20, the US dollar index fell 0.1156% to 96.1151; the euro rose 0.1795% against the dollar, at 1.1440; the pound against the dollar rose 0.3590% to 1.3137; the dollar against the yen rose 0.1190% to 113.5470; the dollar fell against the Canadian dollar 0.0754%, reported at 1.3112. The dollar rose by 0.0087% against the yuan to 6.9200.
On Wednesday, WTI December crude oil futures closed down 0.54 US dollars, down 0.87%, to 61.67 US dollars / barrel. Brent January crude oil futures closed down 0.06 US dollars, down 0.08%, to 72.07 US dollars / barrel. In the previous period, the main contract of crude oil futures, SC1812, closed down 0.28% at 503.70 yuan on October 9 and rose to 597.00 yuan on October 9. The main contract of the crude oil futures on the first trading day (March 26) closed at night. Record the highest position.
On Wednesday (October 31), East New York, the US Energy Information Administration (EIA) announced that the US EIA crude oil inventories recorded an increase of 5.873 million barrels in the week of November 2, and an increase of 2.433 million barrels is expected. To increase 3.217 million barrels. After the data was released, crude oil quickly fell in short-term, WTI crude oil fell more than 0.4 US dollars, the daily increase narrowed to 0.1%, is now reported 61.99 US dollars / barrel; Brent crude oil gains narrowed to 0.2%.
In the early hours of Thursday (November 08), Beijing time, the New Zealand Federal Reserve announced its November policy statement, announcing the maintenance of the benchmark.interest rateAt 1.75%, the official cash rate (OCR) easing level will be maintained for a considerable period of time, and inflation expectations will be raised. Higher fuel prices will push up overall inflation.
For investors of this year's global network, 75% to 89% of global asset returns in 2018 are negative. The dollar has become a substitute for risk assets to some extent. This is of course the result of the Fed raising interest rates (and its interest rate hike expectations). This year's rise in the US dollar (UUP) is also the reason. The rise in the US dollar exchange rate has in turn brought enormous pressure on emerging markets with large foreign debt.
Goldman Sachs’ latest global and China macroeconomic data shows that it is expected to be global in 2018GDPIt will increase by 4% year-on-year. Although the growth rate in 2019 may slow down to 3.8%, it is still at a historical high. Goldman Sachs pointed out that China's macro policies are promising, A-share valuation is low, and overseas investors will still be optimistic about investment opportunities in the Chinese market.
In October, in the context of high risk aversion in the international market, gold and the US dollar continued to rise for the same month. But as the risk aversion subsides,AnalystIt is believed that the US dollar may still maintain a strong trend based on its strong fundamentals, and precious metals may fall.
After a two-day meeting on a closed meeting, this Friday (November 9) at 3 am Beijing time, the Fed will announce the November interest rate resolution and policy statement. This meeting will be the last meeting of the Fed "no press conference". After the June meeting, Federal Reserve Chairman Powell announced that in order to improve communication with the outside world, starting from January 2019, a press conference will be held at the end of each meeting.
Australia's real estate market has continued to slump recently, housing auction clearance rates have hit record lows, and transaction prices have fallen sharply. This is especially true in the two largest state capital cities of Sydney and Melbourne. However, the reduction in house prices did not significantly increase the affordability of Australian homes. Moreover, some analysts believe that as housing prices fall sharply, Australian household assets are facing a risk of shrinking, which has restrained consumption to a certain extent, thus exerting negative pressure on the Australian economy.
In 2018, listing in Hong Kong became a hot word, and many mainland enterprises went to Hong Kong for financing. Among them, there are many star companies such as Xiaomi and Haidilao. Hong Kong stocks have become one of the hottest markets for IPOs. While people's eyes are concentrated on Hong Kong stocks, mainland companies have also created a new peak in the US stock market.