Eastern Fortune Network on the 27th, the European stock market rose on Thursday. The Dow rose more than 100 points, and Facebook's plunging nearly 19% dragged the Nasdaq down more than 1%. A lot of listings on the first day of the listing closed at $26.70, up 40.53% from the IPO price of $19. The market value is approaching $30 billion. Amazon's earnings report far exceeded expectations, and the share price once rose more than 4%. Offshore RMB fell more than 600 points against the US dollar, falling below the 6.82 mark.
European and American stock markets:The European STOXX 50 index was about 1.3%, the Dow closed up 0.44%, at 25,527.07 points, the Nasdaq closed down 1.01%, at 7852 points, and the S&P 500 index closed down 0.30% at 2,377.44 points.
Commodity:At the close, COMEX August gold futures closed down 6.10 US dollars, down 0.5%, to 1225.70 US dollars / ounce. US WTI September crude oil futures prices closed up 0.31 US dollars, or 0.45%, to 69.61 US dollars / barrel. ICE Brent September crude oil futures prices closed up 0.61 US dollars, or 0.83%, to 74.54 US dollars / barrel. In the previous period, the main contract of crude oil futures, SC1809, closed up 1.36% at 508.10 yuan, the highest closing price of the night trading since the first trading day of the crude oil futures (March 26).
Foreign exchange market:As of 04:35, the US dollar index rose 0.5472% to 94.7481; the euro fell 0.6568% against the US dollar at 1.1646; the pound against the US dollar fell 0.5915% to 1.3109; the dollar against the yen rose 0.3428% to 110.2300; the US dollar against the Canadian dollar It rose 0.1686% to 1.3072. The dollar rose 0.3412% against the yuan to 6.7928.
On the first day of the listing, the company opened at $26.50 and closed at $26.70, up 40.53% from the IPO price of $19. The market value is close to $30 billion.
On Tuesday, July 26, Japan, Amazon announced on the second quarter of 2018, the company’s second-quarter earnings report showed that although operating income was less than market expectations, earnings per share (EPS) was more than twice the market expectation. The profit for the fourth consecutive quarter exceeded expectations.
At 19:45 Beijing time on Thursday (July 26), the European Central Bank announced that it will maintain the main refinancing rate unchanged at 0%, maintain the deposit rate of -0.4%, and maintain the marginal loan interest rate unchanged at 0.25%. After the announcement of the interest rate decision, the euro dollar did not fluctuate much. However, during the speech of ECB President Draghi, the euro rallied below the 1.17 mark, and the dollar fell first.
Natalie Dempster, managing director of the World Gold Council's Central Bank and Public Policy Affairs, points out that gold is a very special asset that can be completely immune to the politics of a particular country or region. The impact of economic risks, so the global central bank has also paid more and more attention to gold asset reserves in recent years. In the future, gold will remain one of the most prominent assets of the safe-haven property. Gold is better than other countries' sovereign bonds in terms of risk aversion.
Goldman Sachs reiterated its predictions for gold in a report on Thursday (July 26), which will rise to $1,450 per ounce by 2019. At present, the price of gold in the vicinity of the 12-month low hit last week, the spot gold hit a minimum of 1222.50 US dollars / ounce, which means that gold will rise by nearly 230 US dollars.
Investors in the US stock market seem to be keeping their eyes on the moon. In recent days, they have finally ushered in a big turnaround. The S&P 500 index has “recovered three consecutive gains” and almost recovered all lost ground since January 30. This is the first time in two years. The turning point of the secondary stock market correction. Despite this, investors are not as optimistic as they think, and the five alarms are very likely to repeat the nightmare, and now the market is at its most critical juncture.
Goldman Sachs believes that emerging markets may have bottomed out. As developing countries have reduced their easing or tightening policies, the market has gradually turned its attention to emerging markets, and arbitrage transactions have re-emerged. Goldman Sachs analysts point these five investment directions to emerging market investors.
After the two VLCC tankers were attacked by the Yemeni rebels, Saudi Arabia immediately announced the suspension of all crude oil shipments to the Red Sea via the Mande Strait. This will slow down the delivery of Saudi crude oil to Europe and North America and will also increase the tension between Saudi Arabia and Iran.
After the slowest user growth in history and the warning that revenue growth will drop rapidly, on July 26, local time, Facebook, one of the top five technology giants in the United States, fell 19%, and its market value shrank by more than $120 billion.
Outer disk overview
US stocks closed mixed on Thursday, the Dow rose more than 100 points, Facebook fell nearly 19%, affected by the Nasdaq fell more than 1%. In addition, the company’s first day of trading was reported at US$26.50, closing at US$26.70, up 40.53% from the IPO price of US$19, and the market value approaching US$30 billion.
The European STOXX 50 index closed up about 1.3% on Thursday (July 26). European Central Bank President Mario Draghi confirmed that the promise of keeping interest rates unchanged until next summer will push down the euro and boost the stock market in the late session. On the disk, European auto stocks rose the most, up 2.6%. French health services company surged 12.7%, the biggest increase in its history, after the company reported first-half results, and announced a merger and acquisition news.
On Thursday, the US dollar index strengthened and hit the 95-point mark. Gold returned to the downtrend and once again fell below the $1,230 mark. According to the Commodity Futures Trading Commission, as of July 17, the hedge fund and other speculative investors increased their bets, saying that the price of gold will fall in the past five weeks, pushing the short position to the highest level in history.
On Thursday, the international oil price rose for three days, setting a new high for a week. On the news, Saudi Arabia has suspended crude oil transportation in the Red Sea due to the attack by the Yemeni rebels in one day. This has provided effective support for oil prices, but the strong rebound of the US dollar has limited oil price increases.
Offshore RMB fell more than 600 points against the US dollar, and the decline widened to nearly 1%, falling below the 6.82 mark.
Hong Kong and US stocks are invested in the Eastern Fortune International Securities, and the operation of the Hong Kong-US market is synchronized.