Gold - The Federal Reserve Governor Milan stated that the U.S. economy requires significant interest rate cuts, as current monetary policy is raising borrowing costs, increasing unemployment, and slowing economic growth. He supports a 50 basis point cut due to recent employment slowdown and declining inflation [1] - The Federal Reserve Governor Waller expressed concerns about the labor market and advocated for another rate cut in December, followed by gradual adjustments in subsequent meetings [1] - Analyst Owen from Baillie Gifford believes the probability of a December rate cut has risen, which is expected to boost gold prices [1] - Technically, gold has been on an upward trend since November 24, maintaining above $4100, with resistance at $4176 and a key support level at $4140 [1] Oil - U.S. Secretary of State Rubio indicated significant progress in Russia-Ukraine negotiations, with Trump expressing optimism about a potential agreement, contingent on finalizing a ceasefire [2] - If a ceasefire is achieved, sanctions on Russian oil exports may be lifted, exacerbating the global oversupply risk due to OPEC+ production increases earlier this year [2] - Technically, oil has been in a downward trend since October 24, with strong support around $57, and resistance at $59.60. A drop below $57 could lead to a further decline towards $55 [2] Dollar Index - U.S. September retail sales data showed a 0.2% increase, below the previous 0.6% and the expected 0.4%. The September PPI year-on-year rate was 2.7%, consistent with expectations [3] - ADP private sector employment data revealed an average weekly layoff of 13,500 employees, an increase of 2,500 from the previous month. The U.S. consumer confidence index for November was reported at 88.7, the lowest since April [3] - Technically, the dollar index fell below the 100 level, with a focus on the important support level at 99.40. A break below this level could indicate a double top formation on the 4-hour chart [3] Nikkei 225 - The Nikkei 225 index has shifted from a downward trend to a sideways movement, indicating an increased probability of a bottoming out. After three weeks of adjustment, it is approaching a decision point [4] - A breakout above 50100 could signal a new upward trend, while support is noted at 48580 [4] Copper - Copper prices have been fluctuating between $4.85 and $5.22 for the past two and a half months, with a narrowing range indicating an impending directional decision. A breakout above $5.11 could initiate a new upward trend, while a drop below $4.85 may lead to a deeper correction towards $4.63 [6] - The immediate support level is at $4.98 [6]
百利好晚盘分析：呼吁大幅降息 黄金继续走高
Sou Hu Cai Jing·2025-11-26 09:15