Stocks won't fluctuate this week.

Source: Internet
Author: User
The U.S. 10-year Treasury bond yield, the Guo Xinlin Dow, continued to fall 1.2% per cent last week, while the S & P 500 index fell for two consecutive weeks, though the tech-focused Nasdaq index was relatively strong. Overall, the US economic data remained a mixed picture last week, the rise in the personal savings rate to high levels since 15 has been a good thing in the long run, but the short term has had a negative impact on the already very weak U.S. economy; new claims for unemployment benefits have risen again; the unemployment rate in America's most important economic indicators is a flash in the pan.  It is really hard to be reassured that the market is driven by speculation. The dollar index fell below the 80 mark again last week, and it is puzzling that oil prices have not benefited, oil prices last week fell two weeks lost to 70 of millions of important psychological points, it appears that oil prices are more to focus on economic recovery, demand is the most fundamental constraint on oil prices, inflation is second, This is also the author dare not long-term optimistic about the main reason for commodities. However, the author's long-term bullish gold still has a good performance, and has not been weakened by the collapse of other commodities.  The author believes that commodity-related stocks are the last major driver of this round, and that if commodities continue to slump, it could also put pressure on U.S. stocks, which have fallen for two weeks. Last week it was the US Treasury's record auction of Treasuries, the market reaction was better than expected, and buyers of the US debt, including foreign central banks, remained enthusiastic; on the other hand, the weekly decline in US 10-year bonds was the biggest decline since March, as the Fed did not have the possibility of a recent hike  The US debt problem is temporarily eased, the US bailout could go ahead, but if the weekly record of government bonds is issued, the plunge in US Treasuries will come sooner or later, and Americans are not afraid to auction the bonds, and they know that others are more afraid than they are, because other countries have shown the true nature of the dollar's paper tigers. One of the most popular concerns for the US market this week is the May employment report, released in Thursday, The market expects US unemployment to continue to rise to 9.6%, non-agricultural employment will also fall by 350000, followed by the Wednesday Supply Management Institute's manufacturing index, while the rest is largely routine, plus Friday's National Day holiday, which is believed to be temporarily invisible for the next week. At the beginning of the week, the last half of the year, I believe the market is more inclined to maintain the status quo. However, after entering July, the global stock market can continue to be strong since March, investors should pay attention, the current market can not see too many negative factors, but still that sentence, the global stock market rebound too fast, facing downward pressure still not school

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