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Trump and Musk
This week, major U.S. stock indexes closed higher, with the S&P 500 hitting a new high in more than three months on Friday, closing above 6,000 points for the first time since February 21. The Dow Jones Index also rose to a three-month high. The better-than-ex...
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The United States' non-farm data in May is expected to slow down, and short-term
Global Market Review 1. The three major futures in Europe and the United States rose, with Dow futures rising 0.37%, S&P 500 futures rising 0.39%, and Nasdaq futures rising 0.34%. European stocks rose and fell mixed, with the UK‘s FTSE 100 rising 0.04%, the Ge...
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US dollar index reversal, gold rides on a roller coaster, Trump and Musk openly
On June 6, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 98.82. On Thursday, the heads of Chinese and US dollars talked on the phone, and the US dollar index reversed V-shaped reversal, but remained below the ...
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A collection of positive and negative news that affects the foreign exchange mar
1. Macroeconomic data dynamics (I) The number of people who requested initial unemployment benefits in the US economic data rose: the number of people who requested initial unemployment benefits in the US unexpectedly increased to 247,000 in the week of May 31...
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The market is waiting for non-agricultural data, trade reports favorable prices
Basic news on Friday (June 6, Beijing time), spot gold traded around 3358. After positive news on trade, safe-haven gold reversed its decline on Thursday, while silver broke through the key level of $35, setting a 13-year high; U.S. data showed that the number...
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On June 5, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 98.75. On Wednesday, the dollar index fell below the 99 mark and returned to a six-week low, eventually closing down 0.42% at 98.813 as weak U.S. econ...
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A collection of positive and negative news that affects the foreign exchange mar
1. International economic data and policy dynamics. The weak US economic data dragged down the U.S. ADP employment in May released by the US dollar on June 4 only increased by 37,000, a two-year low, far lower than the expected 114,000. Employment in manufactu...
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Oil price gains are limited, weak U.S. data supports gold prices, tariff uncerta
Basic news on Thursday (June 5, Beijing time), spot gold trading around 3373.41; gold prices rose nearly 1% on Wednesday, supported by weaker US dollar and weaker U.S. data, investors struggled to cope with growing economic and political uncertainty. U.S. crud...
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