Gold Market - Gold prices surged overnight, approaching previous highs despite the U.S. government shutdown ending, indicating persistent market uncertainty [2] - The upcoming appointment of Federal Reserve Governor Lisa Cook is crucial, as her potential dismissal could undermine the Fed's independence, leading to increased demand for gold as a hedge against dollar risks [2] - The technical analysis shows a bullish daily candle for gold, but with signs of overextension, caution is advised for potential short-term pullbacks [2] Oil Market - WTI crude oil futures plummeted by 4.18%, and Brent crude fell by 3.76%, disrupting previous upward momentum [3] - The OPEC+ November report indicated plans to increase production by 137,000 barrels per day, while actual production fell by 73,000 barrels per day in October, signaling significant oversupply concerns [3] - The global oil market has shifted from a daily shortage of 400,000 barrels to a surplus of 500,000 barrels, with projections of record surplus levels by 2026, exerting downward pressure on oil prices [3] U.S. Dollar Index - The U.S. dollar experienced limited fluctuations despite the government shutdown ending, with potential long-term weakness anticipated due to future Fed actions [4] - The temporary funding bill signed by President Trump could lead to another shutdown, maintaining pressure on the dollar and dollar-denominated assets [4] - Economic data is expected to be weak, likely prompting the Fed to continue lowering interest rates, contributing to the dollar's long-term decline [4] Technical Analysis - The dollar index is forming a bearish continuation pattern, suggesting prolonged weakness, with short-term resistance at 99.70 [5] - The Nikkei 225 index shows signs of recovery, with a bullish candlestick pattern and potential support at 50,740 [6] - Copper prices are forming a bullish continuation pattern, with short-term adjustments expected, focusing on support around $5 [7]

Group 1 - OPEC reports that the global oil market has shifted from a daily shortage of 400,000 barrels to a daily surplus of 500,000 barrels, indicating a structural surplus [1] - In October, the combined daily oil production of OPEC and non-OPEC major oil-producing countries was 43.02 million barrels, a decrease of 73,000 barrels from September [1] - The International Energy Agency forecasts that global oil inventories will continue to rise, with surplus production potentially reaching a record level of 4 million barrels per day by 2026, which will exert significant downward pressure on medium to long-term oil prices [1]

格隆汇11月13日｜石油输出国组织欧佩克12日发布最新月度原油市场报告。该报告显示，10月份欧佩克 及非欧佩克主要产油国的原油日产量为4302万桶，比9月减少7.3万桶。由于美国原油产量超预期增长等 原因，目前全球市场已从每日短缺40万桶转为每日过剩50万桶，进入结构性过剩。根据国际能源署的预 计，在今后一段时间，全球原油库存将持续上升，2026年过剩产量有可能达到每日400万桶的创纪录水 平，这将对中长期油价构成显著下行压力。 ...