27/3/2018-4

US exchange rose steadily by 243 points on the Dow

The cooling of the trade war between China and the United States offsets the negative impact of Western countries’ joint expulsion of Russian diplomats, which has a positive effect on the market sentiment. The three major indexes of the US stock market have risen on a one-day basis since August 2015.

After the opening of the Dow, the gains gradually increased and rose by 243 points at most. The middle segment still rose 104 points or 0.43%, stabilizing 24,000 floors; the index rose 0.22%, and the Nasdaq fell 0.68%. Social media Facebook’s share price was hard to change, having risen 1.7%, but the middle segment fell more than 2%.

The market generally believes that US President Trump does not want to provoke a comprehensive trade war and aims to benefit the United States through pressure. Analysts believe that investors’ fear of trade war has eased, the market is gradually returning to confidence, and refocusing on whether the ECB’s pace of tightening monetary policy will exceed expectations. At the end of the first quarter, the fund should be window dressing. Good market. However, analysts remind investors that market conditions are still volatile and cannot completely ignore political risks.

Hedging cooling gold prices fell 0.8%

Sino-US trade tensions eased. Asian stocks followed the US stocks overnight. Japanese stocks closed at a high of the day and reported 21,317 points, up 2.65%. European stocks continued to rise, with the British and German stocks up more than 1.5%.

As the pound sterling and the Euro fell back, the US dollar strengthened. The US Dollar Index reported at 89.36, up 0.4%. Euro against the US dollar reported 1.241 US dollars, down 0.3%; pound was reported to 1.416 US dollars, down 0.5%. Safe assets such as the Japanese yen and gold continued to fall, with the yen reporting 105.7 yen per dollar, down 0.3%. Spot gold was quoted at $1,343.09 per ounce, down 0.77%.

In terms of data, the U.S. consumer confidence index in March was 127.7, worse than the expected 131 and 130 in the previous month. In addition, property prices in the United States in the Case-Shiller metropolitan area rose by 6.4% year-on-year in January, better than the expected increase of 6.2%.

Due to fears that tensions in the Middle East may lead to a disruption in oil supply, oil prices made up much of the day, but fell back to the US market. The New York oil futures reported US$65.27 per barrel, down 0.4%. Brent Oil reported US$70.09, a 0.04% drop, and stood at 70 levels.