Pay attention to the situation in the international market:
The release of the initial jobless claims data tonight has once again consolidated the risk market's optimistic expectations for the Fed's rate cut. In fact, what I want to say is that initial jobless claims are related to the unemployment rate, but it is not necessarily a causal relationship. There are also many other factors that affect it. However, the Fed hopes that the market will think that it is an inevitable relationship, and at the same time let the media to brew and exaggerate the data, so as to guide market expectations and adjust the market structure and dynamics.
Under market expectations, the US dollar index fell slightly, the US Treasury yields fell, and the US Treasury prices rose. It is expected that the US stock market will rise tonight. How much it will rise and how much it can maintain, but it still depends on the market's sentiment towards the stock market. Data regulation can only guide the market's sentiment.
At present, the US dollar index remains above 105, the rise in US Treasury prices maintains a high ability to attract money, and the US stock market remains stable. Through market expectations, one stone kills three birds.
US technology stocks rose slightly before the market. It is worth noting that A shares and Hang Seng closed with gains during the day, while the Nikkei index closed with a decline.
Gold prices fluctuated greatly due to data guidance, rising to $2,329 before falling back to $2,314. Crude oil prices fell from $84 and are currently at $83.56.
CME Bitcoin futures prices are quoted at around 61,715, continuing to maintain a 300-point positive premium with the spot price. The premium value is normal and falls within the normal sentiment range.
After Bitcoin prices fell back to around 60,600 in the short term, they rebounded due to market data. Can the US stock market continue to rise when it opens later? Let's take a look at the Bitcoin market later.
