International oil prices have fallen, while US oil prices have fallen by over 3%! International gold prices are falling!

December 30, 2023

On Thursday, boosted by the "Christmas market", the three major stock indexes in the United States collectively opened high, but in late trading, the Nasdaq turned lower. As of the close, the Dow rose 0.14%, the S&P 500 rose 0.04%, and the Nasdaq fell 0.03%. In terms of sectors, the public utilities sector and the real estate sector led the way with gains of 0.70% and 0.53%, respectively; Affected by the decline in international oil prices, the energy sector fell nearly 1.5%, and among technology stocks, Tesla fell more than 3%, marking the largest decline in nearly a week.

Popular Chinese concept stocks outperformed the US stock market on the 28th

Popular Chinese concept stocks generally rose on Thursday, outperforming the US stock market for the second trading day of the week after Tuesday. The Nasdaq China Golden Dragon Index closed up more than 2%. Xiaopeng Motors closed up 4.5%, while NIO and Ideal Motors both closed up over 3%.

Last week, 218000 people in the United States applied for unemployment benefits for the first time

On the data front, data released by the US Department of Labor on Thursday showed that the number of people applying for unemployment benefits for the first time in the United States last week was 218000, slightly higher than the expected 210000. Analysts say that although the number of first-time claims for unemployment benefits in the United States increased last week, it is still close to historical lows, indicating that the labor market still has resilience against the backdrop of stable demand. Economists predict that the US non farm payroll will increase by 170000 in December, which will be released next week. The specific performance of this data will also be the main reference for the Federal Reserve's monetary policy formulation next year.

European Central Bank officials: There is no guarantee that interest rates will be lowered in 2024

Robert Holzmann, Managing Director of the European Central Bank and President of the Austrian Central Bank, stated on Thursday that there is no guarantee of a rate cut next year. At the last interest rate meeting of this year in mid month, ECB President Lagarde also stated that there was no discussion on interest rate cuts, and it is not yet time to relax vigilance. Analysis suggests that the recent hawkish stance of ECB officials may mean that they will maintain high interest rate policies for a longer period than market expectations.

On the 28th, all three major European stock indices fell across the board

Affected by this, all three major European stock indexes fell on Thursday, with the FTSE 100 index in the UK falling by 0.03%, the CAC40 index in France falling by 0.48%, and the DAX index in Germany falling by 0.24%.

On the 28th, international oil prices fell, and US oil prices fell by more than 3%

In terms of commodities, as more shipping companies expressed their readiness to use the Red Sea route, concerns about crude oil supply have eased. In addition, with the strengthening of the US dollar on Thursday, international oil prices fell significantly on the same day. As of the close of the day, the futures price of light crude oil for delivery on the New York Mercantile Exchange in February next year closed at $71.77 per barrel, a decrease of 3.16%; The London Brent crude oil futures for delivery in February next year closed at $78.39 per barrel, a decrease of 1.58%.

International gold prices fell on the 28th

In addition, influenced by the strength of the US dollar and the rise in the yield of US treasury bond bonds, the international gold price fell on Thursday. The gold futures market of the New York Mercantile Exchange, which is the most active in trading, will close at 2083.5 US dollars per ounce in February next year, down 0.46%. (CCTV reporter Zhang Manman) Source: CCTV Finance

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