Product Details
Qingdao International Nonferrous Metals Trading Center, phone QQ: recruiting members, agents, account opening, investment, high rebate Qingdao International Platform Information Spot gold rose to a monthly high on Tuesday (June 1), with the US market reaching its highest intraday high. USD/oz closed at .USD/oz, up .USD, or .%. The dollar and U.S. stocks fell on Tuesday due to concerns about the outcome of the U.S. election, prompting investors to seek the safety of gold.
According to the latest polls launched by well-known institutions such as ABC and the Washington Post on Tuesday, Democratic presidential candidate Hillary Clinton, who has been leading the way, was overtaken by Trump for the first time since January. What is the fate of the US president? Who is still in suspense, the uncertainty of the election has caused a sharp rise in market risk aversion, the US dollar and US stocks fell, and gold and silver generally rose.
On Tuesday, announcements of an investigation into Hillary Clinton's use of private emails while she was secretary of state helped push a fear index measuring market volatility and aversion to risk to a January high. Analysts say Trump-style risks appear to be returning to the market, at least as evidenced by the dollar's weakness today. HSBC said in the report that if Trump wins the election, uncertainty about the U.S. economy and foreign policy will support gold, and Trump's protectionist policies and tax cuts will increase the federal deficit. These are all negative factors for the dollar.
The U.S. manufacturing data released during the day was extremely strong. The final monthly manufacturing value rose to ., the highest monthly manufacturing index since last year. The monthly manufacturing index rose to . , indicating that the U.S. economy was improving in the fourth quarter. However, U.S. monthly construction spending announced today has declined for the second consecutive month, which may drag down third-quarter economic growth estimates.
An industry report released by financial data company r showed that the U.S. manufacturing purchasing managers index rose to the highest level since March. Data show that the final value of the US monthly manufacturing purchasing managers index was ., the initial value was ., and the final value of the month was . Williamson, chief economist of market research firm r, commented that factory orders benefited from the boost in domestic demand and export sales in the United States, laying a good foundation for the start of the fourth quarter of U.S. manufacturing output. As the election is approaching, production capacity investment and Employment remains depressed. In short, despite the growth in manufacturing output, inflationary pressures in the United States are also rising, and the probability of the Federal Reserve raising interest rates every month has increased.
The U.S. Department of Commerce (D) announced on Tuesday (May 1) that U.S. monthly construction spending fell for the second consecutive month, an unexpected drop, as private non-residential construction recorded the largest decline in nine months, which may lead to a third-month downward revision. Quarterly economic growth forecast. Detailed data show that monthly construction spending fell by .% from the previous month, with a seasonally adjusted annual rate of $.trillion, and is expected to increase by .%. Monthly construction expenditure was revised to a decrease of .%, compared with the previous value of decrease of .%.
Qingdao International Nonferrous Metals National Investment Promotion, Investment Hotline: QQ welcomes friends from inside and outside the industry to consult.
Disclaimer
The information/pictures/parameters, etc. displayed on this webpage about【Qingdao International Threshold Qingdao International Agency Consulting】are provided by member【Shenzhen Huashang Management Co., Ltd.
】,By Titker Trade Network members 【Shenzhen Huashang Management Co., Ltd.
】is solely responsible for the authenticity, accuracy and legality of the information/pictures/parameters, etc.,Titker Trade Network only provides display services. For your safety, please choose Titker Trade Network for online trading, otherwise Titker Trade Network will not bear any responsibility for this.
If your legitimate rights and interests have been infringed, please contact Titker Trade Network customer service as soon as possible. We will serve you wholeheartedly. Thank you for your attention and support to Titker Trade Network!