Macroeconomic Impact - The Manhattan International Trade Court ruled that Trump's comprehensive tariffs on trade surplus countries were "overreaching" and postponed their implementation, despite the White House's intention to appeal and utilize other legal tools, resulting in a threefold economic impact [1] - U.S. companies have incurred losses exceeding $34 billion due to tariffs, leading to a significant drop in CEO confidence index [1] - The global response from trade partners has varied, with Canada affirming the illegality of the tariffs, while the UK and EU remain cautious, and Japan and India continue negotiations with the U.S. [1] - The Asian stock market initially rose but then returned to previous levels, with the dollar index falling by 0.5% and gold becoming the preferred safe-haven asset [1] - The U.S. job market is under pressure, with initial jobless claims exceeding expectations, and corporate profits plummeting, leading to an economic state described as "stagflation" [1] - The market is betting on the Federal Reserve to cut interest rates to support growth, which, along with Trump's trade policies, is influencing the gold market [1] Dollar Index Performance - On Thursday, the dollar index experienced a significant decline, reaching a high of 100.521 and a low of 99.189, ultimately closing at 99.331 [2] - The market showed volatility, with prices testing resistance levels but failing to maintain upward momentum, leading to a bearish closing [2] - The weekly resistance level is noted at 101.70, indicating a potential bearish trend in the medium term [2] Gold Market Analysis - Gold prices showed an overall upward trend on Thursday, with a high of 3330 and a low of 3245, closing at 3317 [4] - The price initially declined but rebounded after testing a 50% retracement level, indicating potential strength if it breaks above the early high [4] - Key support levels for gold are identified at 3278 and 3295, which will determine short-term strength [5][7] Euro/USD Performance - The Euro/USD pair showed an upward trend on Thursday, with a low of 1.1210 and a high of 1.1384, closing at 1.1365 [7] - The market experienced a brief decline before recovering, indicating potential for continued upward movement if it maintains above key support levels [8] - Long-term bullish sentiment is supported by a monthly support level at 1.0800, with short-term focus on the 1.1310-20 support range [8][10]
闫瑞祥:黄金外汇月线收官在即!警惕市场剧烈波动!
Sou Hu Cai Jing·2025-05-30 06:02