November ChinaA50 Index Contract Due Date Notice
During the Asian session on Thursday (December 6), the US dollar index fluctuated within a narrow range of 97. The market still has multiple factors supporting the US dollar, but the non-agricultural market is close to the market. The spot gold is also near the 1240 mark. Although the global stock market has pushed up some risk-averse sentiment, the resistance in the 1240-1243 region is still relatively strong. In the crude oil market, the market is generally concerned about OPEC and EIA crude oil inventory data in the evening. The current market is not optimistic, and the oil price remains in the short-term. Certain downside risks.
Financial market hotspots on December 6:
1. The 175th OPEC Conference;
2. US ADP employment data for November;
3. US October trade account;
4. US November ISM non-manufacturing PMI;
5. The final monthly rate of durable goods orders in the United States in October;
6. The monthly rate of factory orders in the United States in October;
7. Bank of Canada Governor Poloz speaks;
8. EIA crude oil inventory and US crude oil production data;
9. The chairman of the Federal Reserve Bank of Atlanta, USA, and the 2018 FOMC votes, Bostik.
Analysis of spot gold, silver, crude oil and foreign exchange short-term trend on December 6
1. US dollar index:
Analysis: The market's worries about the international trade situation have warmed up, the New Zealand dollar and the Australian dollar and other commodity currencies have weakened, coupled with safe-haven buying and demand, to provide support for the US dollar; technical, the exchange rate adheres to the daily support of the daily Bollinger Band The short line is slightly up. There is also a series of economic data in the evening, and there are some wait-and-see moods in the market.
2. spot gold:
Analysis: The global stock market fell to provide some safe-haven support for gold prices. The price of gold in the previous trading day rebounded slightly, and the short-term slightly increased. However, the market’s worries about the international trade situation have rebounded, and it is also unfavorable for most commodities. The price of gold has been dragged down; near non-agricultural, there are also some wait-and-see moods in the market.
Short-term operation suggestion:
conservatives wait and see, radicals wait and see; especially particularly aggressive in the rise before 1242, the opportunity to go short, if the accident rises above 1244, and good news, then backhand.
Before the rise of 1242, it tends to go down; if it rises above 1242, it tends to open a new uptrend channel.