美联储理事米兰表示，在现任临时理事任期（将于本周末结束）结束后，他接下来会的去向尚不清楚。 但他表示，"有一点是肯定的，那就是我会在目前的职位上任职直至继任者获得确认。"米兰表示，他是 否会出席3月份的美联储会议，取决于参议院确认沃什提名的时间表。如果确认程序耗时超过六周，那 么他将会出席。 ...

Core Viewpoint - The potential for a dollar sell-off may intensify, particularly if the dollar index breaks below last year's low of around 96.2, which could lead to an additional 3% decline in the dollar [1] Group 1: Dollar Performance - The performance of the dollar before the Federal Reserve meeting is crucial, as a pause in interest rate cuts could provide some support for the dollar [1] - A weak rebound in the dollar, with a daily close lower, would signal a strong bearish outlook [1] Group 2: Earnings Impact - Earnings reports from companies like Meta, Microsoft, and Tesla are under scrutiny, as any results that fall short of expectations could negatively impact the dollar [1] - The U.S. consumer market is significantly influenced by stock market performance, linking corporate earnings to broader economic indicators [1]

Group 1 - The USD/INR exchange rate has risen for the fourth consecutive trading day, approaching a high of 91.55, despite the USD not being particularly strong overall [1] - The demand for USD from Indian importers is a significant factor supporting the exchange rate, as evidenced by reports of strong buying interest from importers [1] - Ongoing trade negotiations between the US and India are contributing to the uncertainty, with no agreement reached yet, leading to sustained demand for USD driven by actual trade needs [1] Group 2 - The USD index has been hovering around 98.90, showing stability despite recent volatility caused by US tariffs on several European countries [2] - Analysts suggest that while US-EU trade tensions are noteworthy, their long-term impact on the USD may be limited due to the trade structure between the parties [2] - The focus is shifting towards the upcoming Federal Reserve meeting, with recent hawkish comments from officials indicating potential early adjustments to interest rates to address employment market risks [2] Group 3 - Technically, the USD/INR is positioned above the 20-day moving average, which is also trending upwards, providing support for the exchange rate [4] - The RSI indicator is around 67, indicating strong market momentum without reaching extreme overbought levels, suggesting potential for continued upward movement as long as the rate remains above the support area [4] - If the indicators quickly enter the overbought zone, the market may experience a period of consolidation [4]

Core Viewpoint - U.S. stock futures showed a slight increase as the Federal Reserve's two-day meeting is set to begin [1] Group 1 - The movement in U.S. stock futures indicates market anticipation ahead of the Federal Reserve's policy discussions [1]

Group 1 - The current spot gold price has slightly retreated, trading at $4,201 per ounce in London and $4,241 per ounce for U.S. gold [1] - Domestic gold prices have fluctuated, with brands like Chow Tai Fook and Chow Hong Ki offering gold jewelry at 1,328 yuan per gram, while other brands have seen minor price adjustments [1] - The gold recycling price is at 937 yuan per gram, with Industrial and Agricultural Bank gold bars priced at 972.23 yuan and 981.35 yuan respectively, indicating real-time price changes [1] Group 2 - Key factors supporting the high volatility of gold prices include weak U.S. ADP employment data, rising expectations for Federal Reserve interest rate cuts, and a weakening dollar [3] - Upcoming economic indicators such as the PCE inflation data and the Federal Reserve meeting next week are critical events that could trigger significant market movements [3]

Core Viewpoint - The gold market is experiencing fluctuations, with prices remaining above 4200, influenced by weak U.S. employment data and expectations of Federal Reserve rate cuts, while silver shows strong performance, reaching new highs [1] Group 1: Market Performance - Gold prices fluctuated, reaching a high of 4241 before closing near 4203, indicating a potential consolidation phase [1] - Silver prices have been strong, hitting 58.95, providing support for gold and reflecting market expectations for a rate cut by the Federal Reserve [1] - The U.S. labor market's unexpected decline and clear signals of a more accommodative Federal Reserve policy have contributed to the rise in silver and the potential for gold to gain momentum [1] Group 2: Technical Analysis - Short-term support levels for gold are identified at 4193, with further support at 4175 and 4163, while resistance is noted at 4245 and 4265 [2][5] - The market is currently in a significant support zone, indicating a potential for correction and further testing of lower levels [2] - Recent trading patterns show a lack of continuation, with frequent high-to-low reversals, suggesting insufficient bullish momentum [2]

Core Viewpoint - The Federal Reserve's Jefferson indicated uncertainty regarding the amount of official data to be released before the upcoming meeting [1] Group 1 - The Federal Reserve is preparing for an upcoming meeting where the release of official data is anticipated [1] - There is currently no clarity on the specific data that will be published prior to the meeting [1]

Core Insights - The US dollar experienced a slight rebound after a decline due to weak labor market data [1] - In October, US companies laid off over 150,000 employees, marking the largest monthly layoffs since 2003 [1] - The market is increasingly reliant on private data due to the absence of official data during the US government shutdown [1] - Jefferies economist Mohit Kumar noted that the outcome of the December Federal Reserve meeting is highly uncertain and largely dependent on labor market performance [1]

Core Viewpoint - Federal Reserve official Goolsbee believes that interest rates will eventually stabilize at a level significantly lower than the current one [1] Group 1 - The next actions of the Federal Reserve have not yet been decided, indicating uncertainty in monetary policy direction [1] - The threshold for rate cuts is currently higher than in the previous two Federal Reserve meetings, suggesting a more cautious approach to easing [1]

Core Viewpoint - The Federal Reserve's September meeting resulted in a 25 basis point reduction in interest rates, lowering the key Fed Funds rate to a range of 4.00-4.25% [1] Group 1: Interest Rate Changes - The Federal Open Market Committee (FOMC) decided to cut interest rates by 25 basis points [1] - The new Fed Funds rate is now set between 4.00% and 4.25% [1]