31/10/2017-8

No change in the same index three highs

Two days after the Federal Reserve decided to meet its interest rate, it announced that it will keep the interest rate unchanged at 1% to 1.25% at 2:00 am today and reiterated that it will raise interest rates step by step. As earlier data showed that the unexpected rise in the economy in the United States last season was as high as 3%, the inflation rate is low. However, outsiders generally estimate that the Bureau will raise interest rates on schedule when it meets next month, bringing the rate hike up to 3 times this year. The same side of the forecast.

The market has long expected the authorities to give up. After the Federal Reserve started to reduce the balance sheet in October, it is hard to make a big move in this regard. There are no press conferences or the interest rate bitmap and other economic forecasts at this meeting. Market focus will soon be on the new board Fed chairman elected. President Trump confirmed yesterday that the new chairman will be announced on Thursday afternoon (early morning, Hong Kong time). At the moment, the No. 1 hit is Powell, a biased dovish Fed governor, followed by Taylor, a hawkish economics professor at Stanford University, but he can not rule out the possibility of a lethal strike in Yellen.

Economic data and energy stocks led the US stock market rose early in the morning, the three major indexes hit a new high, the Dow rose 140 points to a maximum of 23517 points; the benchmark index had seen 2588 points; the Nasdaq 6359 points high, but the middle Fell 30 points. European stocks made good, the strongest stocks in the three major stock markets, up 1.78%.

In data, the ADP said that U.S. companies added 235,000 new jobs in October, the most since March and above market expectations as the storm damage reconstruction stimulated the biggest increase in construction jobs in 11 years.

Cut effective oil cloth more 60

The dollar hovered near a 3-and-a-half month high against the yen and climbed above 114 in the middle session, up 0.3% at 113.95 yen and up 0.1% against the euro at 1.1629 U.S. dollars. The United States dollar index rose 0.2%. Gold rose briefly through 1280 US dollars, the middle of 1277.73 US dollars an ounce.

Reuters survey showed that in October the Petroleum Exporting Countries (OPEC) cut agreement reached 92%, to stimulate oil prices rose Brent oil rose to more than two-year high, the highest at 61.7 US dollars a barrel, the middle of 61.13 US dollars , Up 0.3%; New York oil futures reported 54.62 US dollars, up 0.4%.