市場報告                     2018-11-21

 

   
Market Summary
美元指數週二上漲,歐市盤中美元指數於96.1附近震盪,盤中最低來到96.05,美市盤中因全球股市拋售引發避險買盤,且投資者擔心全球經濟增長放緩,投資者看好美元指數紛紛將資金湧入,美元指數盤中震盪上漲,盤中最高來到96.90,美元指數盤後微幅震盪,最終收在96.82。

現貨黃金週二下跌,黃金於1223.70美元/金衡盎司開盤後持續震盪上漲,盤中最高來到1228.30美元/金衡盎司,美市盤中受到美元指數上漲影響,黃金下跌最低來到1219.60美元/金衡盎司,黃金最終收在1221.35美元/金衡盎司。

國際原油週二收跌3.97美元,或6.93%,報53.35美元/桶。股市暴跌令風險情緒慘遭重創,同時市場擔心經濟放緩將會拖累原油需求表現,而俄羅斯減產態度模棱兩可更加重了市場的悲觀情緒。

美國股市週二再遭拋售,零售,能源,科技等重要板塊無一倖免。此前發布疲弱利潤和財測,增添了對經濟增長的憂慮。道瓊工業指數下跌551.80點,或2.21%,報24465.64點;標準普爾500指數收跌48.84點,或1.82%,報2641.89點;納斯達克指數下跌119.65點,或1.70%,報6908.82點。

個股方面,蘋果(AAPL)受到高盛接連下調目標價格影響,該公司股價重挫4.78%;臉書(FB)上揚0.67%; Netflix(NFLX)下跌1.34%;亞馬遜(AMZN)下跌1.11%; Alphabet( GOOGL)上揚0.29%。金融股亦隨大盤轉跌,摩根大通(JPM)下跌2.15%,高盛(GS)下跌3.47%和美國銀行(BAC)下跌1.37%。而半導體類股多逆勢走高,Nvidia (NVDA)上揚3.03%;德州儀器(TXN)上揚2.35%; AMD(AMD)走高0.52%; Intel(INTC)下跌1.27%;美光(MU)下跌1.93%。

日本股市週二因美股前日下挫,加上日本蘋果概念股慘跌,拖累日經指數開盤後隨即大跌。終場下挫1.09%或238.04點,收21,583.12點。

個股方面,液晶面板供應商Japan Display Inc狂瀉10.26%,村田製作所大跌3.53%,TDK重挫1.92%。蘋果傳出將今年推出的3款iPhone新機訂單全面下修,其中採用 液晶面板的iPhone XR砍單情況尤其嚴重。日產汽車暴跌5.45%,三菱汽車暴跌6.85%。身兼日產,三菱會長職務的Carlos Ghosn遭到逮捕,日產更發新聞稿稱Ghosn作出數項重大不正當行為,將公司資金挪為私人支出。

 

Technical  Analysis
USDJPY

從日線圖上看,美元/日元隔夜小幅收漲,最低觸及112.290一線后反彈走高。技術指標上,MACD看跌動能柱擴張,RSI指標小幅向上。後市看來,價格支撐位依舊指向112關口。上行方面,價格初步阻力位指向112.800一線,關鍵阻力位於113關口。

 

EURUSD

從日線圖上看,歐元/美元隔夜回落收跌,最低探至1.13575一線。技術指標上,MACD看漲動能柱微縮,RSI指標拐頭向下。後市看來,價格關鍵支撐位考驗1.13500一線,跌破則進一步指向1.12000一線。上行方面,價格關鍵阻力指向1.14700一線。

 

GBPUSD

從日線圖上看,英鎊/美元隔夜小幅收跌,最高探至1.28815一線后回落。技術指標上,MACD看跌動能柱微增,RSI指標小幅向下。後市看來,價格支撐位考驗1.27200一線。上行方面,價格初步阻力位指向1.29000一線。

 

XAUUSD

從日線圖上看,金價隔夜小幅收跌,最高觸及1228一線后承壓回落。技術指標上,MACD看跌動能柱縮減,RSI指標小幅向下。後市來看,金價初步阻力位指向1232一線。下行方面,金價支撐位依舊考驗1215一線。

 

CL_

從日線圖上看,油價隔夜大幅收跌,刷新新低至52.76一線。技術指標上,MACD看跌動能柱擴張,RSI指標超賣。後市來看,油價支撐目標考驗52.00關口。上行方面,油價初步阻力位看向55.20一線。

 

DJ_

從日線圖上看,價格隔夜延續回落,最低探至24353一線。技術指標上,MACD看跌動能柱擴張,RSI指標向下延伸。後市來看,價格初步阻力位考驗24800一線。下行方面,價格支撐位進一步看向24000一線。

 

NK_

從日線圖上看,價格隔夜延續回落,小幅探低至21170一線附近。技術指標上,MACD看跌動能柱顯現,RSI指標向下延伸逼近超賣區。後市來看,價格支撐考驗21000一線,上方阻力位看向21700一線。

 

 

20 十一月 2018

Daily Market View

Tuesday, November 20, 2018
          U.S Stock Market

 

DJIA S & P 500 NASDAQ
25028 2696.25 6671.75
-1.56% -1.66% -3.03%

Stocks retreated sharply lower yesterday, with shares of technology and internet-related companies dragging the market lower. The main equity benchmarks saw losses accelerate in morning trade after a report showed home-builders’ confidence plummeted in November. U.S financial markets will be closed Thursday for the Thanksgiving Day holiday. The NASDAQ led the markets lower, closing down 219.4 points, or 3%. The Dow Jones Industrial Average tumbled 395.8 points, or 1.6%, and the S&P 500 index retreated 45.5 points, or 1.7%. Last week, the Dow posted a weekly decline of 2.2%, the S&P 500 index declined by 1.6% while the NASDAQ shed 2.2%. Investor anxiety, evidenced by last week’s declines, continued Monday, following a report on home-builder confidence that showed sector executives less upbeat than at any point in more than two years. Trade issues have been a key driver of volatility, as investors consider the possibility that U.S. tariff rates on a swath of Chinese goods could rise from 10% to 25% in January, as they will under current policy, absent a resolution.

 

Major Economic Releases for Today
Period Event GMT Forecast Previous

nov

Australia RBA Meeting Minutes 00:30    

oct

Japan Convenience Store Sales (YoY) 07:00   3.5%

oct

Switzerland Swiss Watch Exports (YoY) 07:00   -6.8%

oct

German Producer Price Index (YoY) 07:00 3.3% 3.2%

 

Australia RBA’s Lowe gives speech in Melbourne 08:20    

 

BOE’s Carney, Haldane, Cunliffe and Saunders Testify in London 10:00    

oct

U.S Housing Starts (MoM) 13:30 2.4% -5.3%

oct

U.S Building Permits (MoM) 13:30 -0.8% -0.6%

oct

Australia Westpac Leading Index (MoM) 23:30   -0.1%
Dow Jones Industrial Average

The Dow Jones Industrial Average fell 1.56% yesterday. The best performers of the session on the Dow Jones Industrial Average were Pfizer Inc., which rose 1.54% or 0.67 points to trade at 44.18 at the close. Meanwhile, The Travelers Companies Inc. added 1.36% or 1.75 points to end at 130.52 and Johnson & Johnson was up 1.19% or 1.74 points to 147.73 in late trade. The worst performers of the session were Boeing Co, which fell 4.47% or 15.01 points to trade at 320.94 at the close. Apple Inc. declined 3.96% or 7.67 points to end at 185.86 and Visa Inc. was down 3.87% or 5.42 points to 134.76.

 

 

 

NASDAQ 100

The tech heavy NASDAQ index fell 3.03%. The top performers on the NASDAQ Composite were Cesca Therapeutics Inc. which rose 51.32% to 0.4600, Akers Biosciences Inc. which was up 42.28% to settle at 1.750 and Yulong Eco-Materials Ltd which gained 25.69% to close at 6.410. The worst performers were Arcimoto Inc. which was down 21.77% to 2.30 in late trade, Sonoma Pharmaceuticals Inc. which lost 18.47% to settle at 0.901 and Champions Oncology Inc. which was down 17.89% to 10.1900 at the close.

 

 

Oil

Oil prices rose in choppy trade yesterday, under pressure from growing supply but supported by a reported drawdown of U.S oil inventories, potential EU sanctions on Iran and possible OPEC production cuts. U.S futures ended yesterday’s session 68 cents higher at $56.76, after dropping as far as $55.08, near last week’s one-year low. Traders said futures pared losses when energy information provider Genscape reported that crude inventories fell in the latest week. EU foreign ministers endorsed a French government decision to sanction Iranian nationals accused of a bomb plot in France, three diplomats said. The United States has granted waivers to some of Iran’s oil customers. OPEC, led by Saudi Arabia, is pushing for the group and its partners to reduce output by 1 million to 1.4 million barrels per day to prevent a build-up of unused fuel. U.S. crude stockpiles have grown for eight straight weeks, and data last week showed inventories swelled by the most in more than a year.

 

 

Precious and Base Metals

Gold inched up yesterday as the dollar fell, but the metal stayed in a tight range as investors held off on big moves ahead of the U.S Thanksgiving holiday on Thursday. Spot gold was 0.2 percent higher at $1,224.13 per ounce after hitting a one-week high of $1,225.29 in the previous session. U.S gold futures settled up $2.30, or 0.2 percent, at $1,225.30. The dollar fell to two-week lows after Federal Reserve officials’ comments about the U.S. economy suggested the central bank may be nearing the end of its tightening cycle. A softer dollar makes gold cheaper for holders of other currencies. There has been a lot of back and forth language (on) whether or not the Federal Reserve will implement a neutral interest rate or will they take it above neutral, temporarily. Markets are waiting for a little more clarity on (a possible) December rate hike as well as the outlook for 2019. Gold is taking a sideways approach in this environment. Trading volumes are expected to remain subdued before Thanksgiving. I expect prices to consolidate around the $1,220 level throughout the remainder of the week. There is not a lot of news action in the market. We are expecting the Fed to raise interest rates at the next meeting in December. Most likely that will keep gold from getting above the recent highs. Higher rates dampen the appeal of gold, which pays no interest and incurs costs to store and insure. Indicative of investor sentiment towards bullion, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell 0.2 percent to their lowest in a week on Friday. Hedge funds and money managers boosted their net short position in gold to the highest in five weeks. Palladium fell 1.4 percent to $1,160.70 per ounce, after hitting a record high of $1,185.40 in the previous session. Silver rose 0.2 percent to $14.43 an ounce.

 

 

 

 

Traditional Agricultures

Soybean futures fell 2.1 percent yesterday, hitting their lowest since Nov. 8, as a lack of consensus at a meeting of Asia-Pacific leaders cooled hopes of Washington and Beijing resolving a trade dispute that has disrupted U.S soybean exports to China. Wheat prices also fell sharply, shedding 1.7 percent as investors continued to wait for an upturn in U.S exports.

 

 

 

Futures Settlement Price Monday, November 19, 2018
Instrument Contract Open High Low Settlement Net Change
DJIA DJM18 25384 25490 24888 25028 -416
S & P 500 SPM18 2732.75 2748 2681.5 2696.25 -45.75
NASDAQ 100 NDM18 6874.75 6933.75 6632 6671.75 -222
Hang Seng HSH18 26080 26373 26063 26284 173
Nikkei 225 NKH18 21685 21850 21620 21840 205
FTSE 100 FTH18 7017 7064.5 6963.5 6989 -34
Gold GCJ18 1223.7 1226 1218.3 1224.5 1.6
Silver SIK18 1438 1438 1436 1436.5 0
Copper HGK18 277.65 280.9 276 279.9 -0.3
Crude Oil CLK18 57.26 57.54 55.24 57.35 0.69
Wheat WK18 506.25 507 495.75 498.5 -8
Soybeans SK18 890.25 891.25 871 874 -17.5
Corn CK18 364.5 366 361 362 -2.5

 

 

Daily Swings  (The Pivot Levels)
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2
DJM18 24179 24533 24781 25135 25383 25737 25985
SPM18 2602.67 2642.08 2669.17 2708.58 2735.67 2775.08 2802.17
NDM18 6256.17 6444.08 6557.92 6745.83 6859.67 7047.58 7161.42
HSH18 25797 25930 26107 26240 26417 26550 26727
NKH18 21460 21540 21690 21770 21920 22000 22150
FTH18 6845.83 6904.67 6946.83 7005.67 7047.83 7106.67 7148.83
GCJ18 1212.17 1215.23 1219.87 1222.93 1227.57 1230.63 1235.27
SIK18 1433.67 1434.83 1435.67 1436.83 1437.67 1438.83 1439.67
HGK18 272.07 274.03 276.97 278.93 281.87 283.83 286.77
CLK18 53.58 54.41 55.88 56.71 58.18 59.01 60.48
WK18 482.58 489.17 493.83 500.42 505.08 511.67 516.33
SK18 846.00 858.50 866.25 878.75 886.50 899.00 906.75
CK18 355.00 358.00 360.00 363.00 365.00 368.00 370.00

 

 Source: – News & Quotes (Courtesy:  Reuters)                                                                    

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

 

 

 

 

市場報告                     2018-11-20

 

   
Market Summary
美元指數週一下跌,亞市盤中美元指數震盪,盤中最高來到96.57,美市盤中受到上周美聯儲官員意外發表偏鴿派言論,且越來越多的人預期美國經濟增長或已見頂,美元承壓下滑,盤中最低來到96.13,盤後美元指數震盪最終收在96.20。

現貨黃金週一上漲,黃金於1221.40美元/金衡盎司開盤後持續震盪下跌,盤中最低來到1217.75美元/金衡盎司,美市盤中美元指數大幅下跌因此提振黃金上揚,美金盤中最高來到1224.90美元/金衡盎司,盤後黃金震盪最終收在1223.65美元/金衡盎司。

國際原油週一收漲0.64美元,或1.13%,報57.32美元/桶。俄羅斯減產態度存在不確定性令原油漲勢受阻,不過市場依然預期下月政策會議上石油輸出國組織(OPEC)將會如期減產,因此原油多頭信心有所提振。

美國股市週一收低,因投資者拋售蘋果,互聯網和其他科技股,進一步挫傷對科技股的信心,科技股之前帶動了持續一段長時間的牛市行情。道瓊工業指數下跌395.78點,或1.56%,報25017.44點;標準普爾500指數收跌45.54點,或1.66%,報2690.73點;納斯達克指數下跌219.40點,或3.03%,報7028.47點。

個股方面,尖牙股全面陷入熊市。蘋果 (AAPL) 下跌 3.96%;臉書 (FB) 下跌 5.72%, Netflix (NFLX) 下跌 5.45 %;亞馬遜 (AMZN) 下跌 5.09 %;Alphabet (GOOGL) 下跌 3.82 %。此外,半導體類股 Nvidia (NVDA) 暴跌 12.00%;AMD (AMD) 暴跌 7.50%;Intel (INTC) 下跌 1.70 %。

日本股市週一因半導體股回穩,使得日經指數全場遊走平盤之上,終場收高0.65%,或140.82點,收21,821.16點。

個股方面,東京威力科創終場勁揚3.61%,半導體測試設備供應商Advantest收高2.22%,高純度矽晶圓製造商Sumco上漲3.63%。另一方面,銀行,保險類股指數受美國公債殖受率下滑影響而走跌。聯準會(FED)官員上週五表示,美國利率已接近中性水平,暗示升息循環可能離終點不遠了。三井住有金融集團收跌2.11%,三菱日聯金融集團下滑1.90%。

 

Technical  Analysis
USDJPY

從日線圖上看,美元/日元隔夜小幅收跌,進一步遠離113關口。技術指標上,MACD看跌動能柱擴張,RSI指標小幅向下延伸。後市看來,價格支撐位進一步指向112關口。上行方面,價格初步阻力位指向112.800一線,關鍵阻力位於113關口。

 

EURUSD

從日線圖上看,歐元/美元隔夜延續收漲,持穩1.14一線上方。技術指標上,MACD看漲動能柱擴張,RSI指標小幅向上延伸。後市看來,價格初步支撐位考驗1.13500一線。上行方面,價格關鍵阻力指向1.15000一線。

 

GBPUSD

從日線圖上看,英鎊/美元隔夜震蕩收漲,交投於1.28400一線附近。技術指標上,MACD看跌動能柱微增,RSI指標小幅向上。後市看來,價格支撐位考驗1.27400一線。上行方面,價格初步阻力位依舊指向1.29600一線。

 

XAUUSD

從日線圖上看,金價隔夜小幅收漲,交投於1220一線附近。技術指標上,MACD看跌動能柱縮減,RSI指標走平。後市來看,金價初步阻力位依舊指向1235一線。下行方面,金價支撐位考驗1215一線。

 

CL_

從日線圖上看,油價隔夜基本收平,最低觸及55.26一線后全數收窄。技術指標上,MACD看跌動能柱縮減,RSI指標于超賣區向上延伸。後市來看,油價支撐目標考驗55.20一線。上行方面,油價初步阻力位看向58.70一線。

 

DJ_

從日線圖上看,價格隔夜回落收跌,一度失守25000關口。技術指標上,MACD看跌動能柱顯現,RSI指標小幅向下。後市來看,價格初步阻力位進一步考驗25500一線。下行方面,價格關鍵支撐位看向24700一線。

 

NK_

從日線圖上看,價格隔夜沖高回落,最高觸及21915一線后跳水。技術指標上,MACD看漲動能柱微縮,RSI指標小幅向下。後市來看,價格支撐考驗21300一線,上方阻力位看向21900一線。

 

 

19 十一月 2018

Daily Market View

Daily Market View

Monday, November 19, 2018
          U.S Stock Market

 

DJIA S & P 500 NASDAQ
25444 2742.00 6839.75
+0.49% +0.22% -0.15%

U.S stocks closed mostly higher Friday after comments from President Donald Trump once again sparked hopes that a trade dispute with China could be resolved in the near term. But the NASDAQ bucked the trend to finish lower as a decline in chip maker shares, led by Nvidia Corp., dented sentiment in the technology sector. The Dow Jones climbed 123.95 points, or 0.5% and the S&P 500 index rose 6.07 points, or 0.2%. The NASDAQ shed 11.16 points, or 0.2%. For the week, the Dow fell 2.2%, the S&P 500 dropped 1.6%, while the NASDAQ declined 2.2%. Trump expressed guarded optimism over U.S.-China trade ties, telling reporters that it may not be necessary to add new tariffs or raise existing ones on Chinese imports, and that he doesn’t want to “put China in a bad position.” Trump and Chinese President Xi Jinping are scheduled to meet at the sidelines of the G-20 summit in Buenos Aires later this month. Uncertainties around tariff spats have taken center stage this week and the vacillating narratives around progress in negotiations continue to whipsaw equity benchmarks.

 

 

Major Economic Releases for Today
Period Event GMT Forecast Previous

nov

U.K Rightmove House Prices (YoY) 00:01   0.9%

 

BOJ Outright Bond Purchase 1~3 Years 01:10    

 

BOJ Kuroda speaks at EuroPlus in Tokyo 03:30    

sep

Euro-Zone Current Account s.a. (euros) 09:00   23.9b

nov

Switzerland Domestic Sight Deposits 09:00   475.6b

sep

Euro-Zone Construction Output w.d.a. (YoY) 10:00   2.5%

nov

U.S NAHB Housing Market Index 15:00 67 68

 

U.S Fed’s Williams Speaks in Moderated Q&A in the Bronx 15:45    

nov

ANZ Roy Morgan Weekly Consumer Confidence Index 22:30   119.8
 

Dow Jones Industrial Average

The Dow Jones Industrial Average added 0.49%. The best performers of the session on the Dow Jones were The Travelers Companies Inc., which rose 2.53% or 3.18 points to trade at 128.77 at the close. Meanwhile, UnitedHealth Group Incorporated added 2.33% or 6.17 points to end at 271.11 and McDonald’s Corporation was up 2.20% or 4.03 points to 187.59 in late trade. The worst performers of the session were Walmart Inc., which fell 1.86% or 1.85 points to trade at 97.69 at the close. Boeing Co declined 1.65% or 5.62 points to end at 335.95 and Visa Inc. was down 1.17% or 1.66 points to 140.18.

 

 

 

NASDAQ 100

The tech heavy NASDAQ index declined 0.15%. The top performers on the NASDAQ Composite were TESARO Inc. which rose 31.48% to 34.96, EMC Insurance Group Inc. which was up 30.26% to settle at 31.25 and The Dixie Group Inc. which gained 15.98% to close at 0.980. The worst performers were Rewalk Robotics Ltd which was down 45.45% to 0.24 in late trade, Limbach Holdings Inc. which lost 27.46% to settle at 6.05 and Euroseas Ltd which was down 25.45% to 1.230 at the close.

 

 

Oil

Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices fell for the sixth straight week amid global oversupply concerns. OPEC kingpin Saudi Arabia is keen for the major producers to cut output by about 1.4 million barrels per day, around 1.5 percent of global supply, to support the market, sources told Reuters this week. But other producers, including Russia, have been reluctant to agree to a cut. U.S. crude settled unchanged at $56.46 a barrel after trading between $55.89 and $57.96. The contract, which had its steepest one-day loss in more than three years on Tuesday, fell 5.6 percent in the week, also its sixth straight weekly decline.  After Tuesday’s sharp fall, the market was due for a slight correction, and was now stabilizing. OPEC ministers meet on Dec. 6 in Vienna to decide on production policy for the next six months amid a growing surplus in world markets.

 

 

 

Precious and Base Metals

Gold rose as much as 1 percent on Friday as the dollar fell after U.S Federal Reserve officials made cautions comments that fed doubt about the outlook for interest rate hikes, while palladium hit a record high driven by worries about short supplies. Spot gold rose 0.7 percent to $1,221.04 an ounce. The session high was the highest since Nov. 8 at $1,225.29. Gold was on track to gain about 1 percent this week. U.S gold futures gained 0.5 percent to $1,221.50. Two Fed officials cautioned that global economic growth was slowing and the dollar fell to one-week lows against a basket of major currencies, making bullion cheaper for buyers using other currencies. When you get people talking about the economy slowing down, they may not raise rates so quickly or as aggressively and that is bearish for the dollar. Further support for gold came from weaker global stock markets and lower U.S. Treasury yields. A weaker dollar and lower yields are pretty much tailor made to benefit gold. Palladium climbed 1.7 percent to $1,176.70 an ounce, up more than 5 percnt since the start of the week. The metal hit a record high of $1,185.40 during the session, within a whisker of parity with gold for the first time in 16 years. The market is in a big deficit. There is a lot of funds interest in palladium because the funds like to buy something when it’s moving, but the supply is of concern now. Used mainly in emissions-reducing auto catalysts for vehicles, palladium, the only precious metal on track for an annual gain, was also helped by speculation Beijing may provide a stimulus to Chinese auto markets. Car dealers in the world’s biggest car market have been pushing for Beijing to support the sector. Silver rose 0.3 percent at $14.33 an ounce, on course for a weekly gain of over 1 percent. Copper was set to end the week 2.5 percent higher as signs of supply tightness supported prices, but worries about the outcome of the U.S.-China trade dispute limited gains.

 

 

 

 

Traditional Agricultures

Soybean futures ended higher on Friday after rebounding on President Donald Trump’s comments that his administration may not have to impose further tariffs on China, the world’s biggest soybean buyer. Wheat added to early advances on Friday.

 

 

 

Futures Settlement Price Friday, November 16, 2018
Instrument Contract Open High Low Settlement Net Change
DJIA DJM18 25313 25502 25093 25444 131
S & P 500 SPM18 2731.75 2748.75 2708.5 2742 6.5
NASDAQ 100 NDM18 6876 6912 6805.75 6893.75 -22.25
Hang Seng HSH18 26119 26187 25784 26111 72
Nikkei 225 NKH18 21860 21870 21630 21635 -170
FTSE 100 FTH18 7061.5 7087.5 6961 7023 -67
Gold GCJ18 1213.6 1225.7 1213.4 1222.9 9.3
Silver SIK18 1425.5 1438.5 1421 1436.5 11
Copper HGK18 274.35 280.25 273.3 280.2 5.7
Crude Oil CLK18 56.75 58.13 56.08 56.66 -0.09
Wheat WK18 505 508.25 502.5 506.5 2
Soybeans SK18 889.25 894.5 881.25 891.5 2.5
Corn CK18 367 368.5 363 364.5 -2.5

 

 

Daily Swings  (The Pivot Levels)
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2
DJM18 24782 24937 25191 25346 25600 25755 26009
SPM18 2677.17 2692.83 2717.42 2733.08 2757.67 2773.33 2797.92
NDM18 6722.75 6764.25 6829.00 6870.50 6935.25 6976.75 7041.50
HSH18 25465 25624 25868 26027 26271 26430 26674
NKH18 21313 21472 21553 21712 21793 21952 22033
FTH18 6833.67 6897.33 6960.17 7023.83 7086.67 7150.33 7213.17
GCJ18 1203.33 1208.37 1215.63 1220.67 1227.93 1232.97 1240.23
SIK18 1408.00 1414.50 1425.50 1432.00 1443.00 1449.50 1460.50
HGK18 268.63 270.97 275.58 277.92 282.53 284.87 289.48
CLK18 53.73 54.91 55.78 56.96 57.83 59.01 59.88
WK18 497.50 500.00 503.25 505.75 509.00 511.50 514.75
SK18 870.42 875.83 883.67 889.08 896.92 902.33 910.17
CK18 356.67 359.83 362.17 365.33 367.67 370.83 373.17

 

 

 Source: – News & Quotes (Courtesy:  Reuters)                                                                    

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

 

市場報告                     2018-11-19

 

   
Market Summary
美元指數週五下跌,亞市盤中美元指數震盪盤中最高來到97.12,美市盤中因美聯儲副主席克拉裡達稱美聯儲政策正在越來越接近中性利率水準,保持中性利率水準“是合理的”,這令市場開始重新思考美聯儲加息前景,美元指數大幅下跌盤中最低來到96.40,收盤前美元指數小幅震盪最終收在96.43。

現貨黃金週五上漲,黃金於1212.60美元/金衡盎司開盤後持續震盪,美市盤中因美聯儲副主席克拉裡達的言論讓市場重新思考美聯儲加息前景,美元指數大幅下跌因此提振黃金上揚,美金盤中最高來到1224.95美元/金衡盎司,黃金最終收在1221.60美元/金衡盎司。

國際原油週五收漲0.14美元,或0.25%,報56.68美元/桶。市場普遍預期石油輸出國組織(OPEC)將會很快實施減產行動,這為原油價格帶來有效支撐,但考慮到美國原油產量仍在攀升,市場供應過剩問題依然嚴重,因此油價的反彈幅度較為受限。

美國股市週五標普500指數和道瓊工業指數收高,因此前美國總統特朗普稱,美國可能不必對中國採取進一步關稅行動。而英偉達(NVDA)下跌拖累納斯達克指數收低。道瓊工業指數上漲123.95點,或0.49%,報25413.22點;標準普爾500指數收漲6.07點,或0.22%,報2736.27點;納斯達克指數下跌11.16點,或0.15%,報7247.87點。

個股方面,芯片製造商英偉達急挫18.76%,此前該公司指出,加密貨幣採礦業務下滑是其銷售下降的原因.AMD與美光股價分別下跌3.86%與1.18%.Facebook Inc(FB)下跌3.0%, 因市場再度擔憂該公司可能面臨監管審查。百貨商店運營商Nordstrom Inc(JWN)公佈季度同店銷售低於預期,且報告和一項信用卡問題有關的支出,拖累股價暴跌13.63%。

日本股市週五因半導體與工具機類股遭遇大亂流,拖累日經指數終場收低0.57%,或123.28點,收21,680.34點。

個股方面,東京威力科創(Tokyo Electron)重挫4.26%,半導體測試設備供應商Advantest慘摔7.56%。有鑑於輝達本季財測黯淡,採用輝達晶片的任天堂遭質疑遊戲主機動能下滑,股價跳跌9.10%。無塵室自動化系統供應商大幅收低4.64%,輝達大股東軟銀也遭殃,收跌3.37%。此外,中國商務部已對日本工業機器人大廠發那科(Fanuc的 ),以及其它四家工具機製造商包含Okuma,兄弟工業等啟動反傾銷調查,發那科終場收跌1.95%,Okuma下挫3.60%,兄弟工業收低1.16%。

 

Technical  Analysis
USDJPY

從日線圖上看,美元/日元隔夜大幅收跌,下破113關口。技術指標上,MACD看跌動能柱顯現,雙線死叉,RSI指標大幅向下。後市看來,價格支撐位進一步指向112.300一線。上行方面,價格初步阻力位指向113關口。

 

EURUSD

從日線圖上看,歐元/美元隔夜大幅收漲,站上1.14一線上方。技術指標上,MACD看漲動能柱擴張,雙現金叉,RSI指標向上延伸。後市看來,價格關鍵支撐位考驗1.13500一線。上行方面,價格初步阻力指向1.14800一線。

 

GBPUSD

從日線圖上看,英鎊/美元隔夜小幅收漲,最高探至1.28760一線。技術指標上,MACD看跌動能柱微增,RSI指標小幅向上。後市看來,價格支撐位考驗1.27400一線。上行方面,價格初步阻力位依舊指向1.29600一線。

 

XAUUSD

從日線圖上看,金價隔夜延續收漲,重回1220一線上方。技術指標上,MACD看跌動能柱縮減,RSI指標向上延伸。後市來看,金價初步阻力位進一步指向1235一線。下行方面,金價支撐位考驗1215關口。

 

CL_

從日線圖上看,油價隔夜震蕩收平,最高觸及58.14一線后回吐升幅。技術指標上,MACD看跌動能柱縮減,RSI指標于超賣區向上。後市來看,油價支撐目標考驗55.20一線。上行方面,油價初步阻力位看向58.50一線。

 

DJ_

從日線圖上看,價格隔夜小幅收漲,最低觸及25095一線后反彈走高。技術指標上,MACD看漲動能柱微增,RSI指標小幅向上。後市來看,價格初步阻力位進一步考驗25800一線。下行方面,價格關鍵支撐位看向25000關口。

 

NK_

從日線圖上看,價格隔夜小幅收跌,最低觸及21490一線后有所收窄。技術指標上,MACD看漲動能柱微縮,RSI指標小幅向下。後市來看,價格支撐考驗21500一線,上方阻力位看向22000關口。

 

 

16 十一月 2018

Daily Market View

Daily Market View

Friday, November 16, 2018
          U.S Stock Market

 

DJIA S & P 500 NASDAQ
25313 2735.50 6916.00
+0.82% +0.96% +1.63%

U.S equities rebounded on reports that the U.S-China trade picture is brightening. The pound plunged as the Brexit process threw the U.K government into turmoil. The dollar was little changed. Industrials surged earlier yesterday, sending the S&P 500 to session highs, after reports that trade negotiators were increasing efforts to reach an accord before the G20 summit later this month. Technology, materials and energy stocks also reacted positively to the news. Crude extended Wednesday’s rebound from a record losing streak. Treasuries jumped. For all the worries assailing investors — on top of Brexit is the ongoing trade dispute and Italian budget stress — they are at least receiving a steady message from the U.S central bank. In a question-and-answer session late Wednesday, Federal Reserve Chairman Jerome Powell played down recent turbulence in equities, saying volatility was only one of many factors that board members take into account when setting policy. Emerging-market shares rallied and their currencies strengthened.

 

Major Economic Releases for Today
Period Event GMT Forecast Previous

oct

German Wholesale Price Index (YoY) 07:00   3.5%

 

ECB President Draghi Speaks in Frankfurt 08:30    

oct

Euro-Zone Consumer Price Index (YoY) 10:00 2.2% 2.1%

sep

Canada Manufacturing Sales (MoM) 13:30 0.1% -0.4%

oct

U.S Industrial Production (MoM) 14:15 0.2% 0.3%

oct

U.S Manufacturing (SIC) Production 14:15 0.2% 0.2%

nov

U.S Kansas City Fed Manf. Activity 16:00 10 8

nov

Baker Hughes U.S. Rig Count 18:00   1081

sep

U.S Net Long-term TIC Flows 21:00   $131.8b
Dow Jones Industrial Average

The Dow Jones Industrial Average added 0.83%. The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc., which rose 5.50% or 2.44 points to trade at 46.77 at the close. Meanwhile, 3M Company added 3.46% or 6.85 points to end at 204.91 and Caterpillar Inc. was up 3.45% or 4.32 points to 129.42 in late trade. The worst performers of the session were Walmart Inc., which fell 1.96% or 1.99 points to trade at 99.54 at the close. Home Depot Inc. declined 1.41% or 2.54 points to end at 177.36 and Nike Inc. was down 1.16% or 0.87 points to 74.33.

 

 

 

NASDAQ 100

The NASDAQ index gained 1.72%. The top performers on the NASDAQ Composite were AGM Group Holdings Inc Class A which rose 46.14% to 35.98, Uniqure NV which was up 35.66% to settle at 30.93 and SITO Mobile Ltd which gained 24.99% to close at 1.200. The worst performers were CDTi Advanced Materials Inc. which was down 58.89% to 0.5920 in late trade, Remark Holdings Inc. which lost 40.24% to settle at 1.960 and Revolution Lighting Technologies which was down 39.28% to 0.8501 at the close.

 

 

Oil

Oil futures rose yesterday, steadying after this week’s steep losses as fuel stockpile declines in the United States helped offset concerns about a potentially oversupplied market next year. Prices have also been supported by OPEC signaling possible output cuts in 2019. U.S crude futures were up 19 cents at $56.44. Prices pared gains after data from the U.S Energy Information Administration showed crude inventories jumped 10.3 million barrels in last week, the biggest weekly build since February 2017. Analysts in a Reuters poll had expected an increase of 3.2 million barrels. Gasoline stocks fell 1.4 million barrels, while distillate stockpiles drew down by 3.6 million barrels, the EIA data showed. OPEC, led by Saudi Arabia, is considering a cut of up to 1.4 million barrels per day (bpd) next year to avoid the kind of build in global inventories. Oil prices shrug the (EIA) data off so far. One explanation could be that a substantial production cut by OPEC becomes more likely.

 

 

Precious and Base Metals

Gold hit a near one-week peak yesterday as investors sought cover from market turmoil after Britain’s long-awaited draft agreement to leave the European Union was thrown into chaos, helping the metal hold its ground against a rising dollar. British Prime Minister Theresa May battled to save a draft divorce deal with the EU after her Brexit secretary and other ministers quit in protest and Eurosceptic lawmakers stepped up efforts to topple her. Spot gold was up 0.3 percent at $1,214.79 per ounce after touching its highest since Nov. 9 at $1,216.27 earlier in the session and moving away from a one-month low of $1,195.90 hit on Tuesday. U.S gold futures settled up $4.90, or 0.40 percent, at $1,215 per ounce. Uncertainty around Brexit is the biggest factor right now. It’s becoming top of the news again. People are running to the safety of the hard assets such as commodities including gold and crude, and also the dollar. If gold can hold above the $1,209 level, we could see it rise to $1,235. The dollar held its gains versus a basket of currencies as data showed a stronger-than-expected increase in domestic retail sales in October. The currency has emerged as a dominant safe-haven asset this year, denting the appeal for gold, which has fallen 11 percent from an April peak, against the backdrop of a U.S-China trade row and rising U.S interest rates. Geo-political risk remains high, it should support gold and lead to gains into year-end and in 2019. This is seen in the political turmoil today and increased uncertainty regarding the outlook for Brexit. The trade war shows signs of possibly easing, with U.S President Donald Trump expected to meet Chinese President Xi Jinping at a G20 summit in Argentina this month. Silver was up 1.3 percent at $14.31 per ounce. It fell to $13.85 in the previous session, a level last seen on Jan. 21, 2016. Base metal prices fell in the last one week after strong US PPI (Producer Price Index) data and on fears of rising US interest rates in December.

 

 

 

 

Traditional Agricultures

Soybean futures rose for a second session yesterday as fresh export sales, slower than expected harvesting and hopes that Washington and Beijing will resume trade talks helped the oilseed market to recoup some of its recent losses.

 

 

 

Futures Settlement Price Thursday, November 15, 2018
Instrument Contract Open High Low Settlement Net Change
DJIA DJM18 25074 25347 24780 25313 271
S & P 500 SPM18 2701.75 2736.75 2671 2735.5 37
NASDAQ 100 NDM18 6780 6920.25 6711.75 6916 147.75
Hang Seng HSH18 25843 26131 25550 26039 492
Nikkei 225 NKH18 21725 21825 21610 21805 -15
FTSE 100 FTH18 7033.5 7092 6972.5 7090 84.5
Gold GCJ18 1211.4 1216.7 1206.9 1213.6 2.4
Silver SIK18 1409.5 1431.5 1406 1425.5 16
Copper HGK18 271.15 276.6 270.3 274.5 3.45
Crude Oil CLK18 56.21 57.44 55.77 56.75 0.58
Wheat WK18 503.25 508.75 503 504.5 1.75
Soybeans SK18 883.5 897 883.5 889 5.75
Corn CK18 366.5 371.25 366.5 367 0.5

 

 

Daily Swings  (The Pivot Levels)
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2
DJM18 24379 24580 24946 25147 25513 25714 26080
SPM18 2626.33 2648.67 2692.08 2714.42 2757.83 2780.17 2823.58
NDM18 6569.92 6640.83 6778.42 6849.33 6986.92 7057.83 7195.42
HSH18 25101 25326 25682 25907 26263 26488 26844
NKH18 21453 21532 21668 21747 21883 21962 22098
FTH18 6891.50 6932.00 7011.00 7051.50 7130.50 7171.00 7250.00
GCJ18 1198.30 1202.60 1208.10 1212.40 1217.90 1222.20 1227.70
SIK18 1385.00 1395.50 1410.50 1421.00 1436.00 1446.50 1461.50
HGK18 264.70 267.50 271.00 273.80 277.30 280.10 283.60
CLK18 54.20 54.98 55.87 56.65 57.54 58.32 59.21
WK18 496.33 499.67 502.08 505.42 507.83 511.17 513.58
SK18 869.17 876.33 882.67 889.83 896.17 903.33 909.67
CK18 360.50 363.50 365.25 368.25 370.00 373.00 374.75

 

 

 Source: – News & Quotes (Courtesy:  Reuters)                                                                    

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

 

市場報告                     2018-11-16

 

   
Market Summary
美元指數週四上漲,亞市盤中英國硬脫歐風險大降,美元受到壓力下跌,盤中最低來到96.77,歐市盤中受到英國脫歐事務大臣拉布辭職,英鎊聞訊大跌美元則反轉向上,盤中最高來到97.38,美市盤中美國公佈上周初請失業救濟金人數(萬人),公佈值為21.6,高於市場預期和前值的21.4,美元指數盤中震盪下跌,最終收在97.08。

現貨黃金週四上漲,黃金於1210.50美元/金衡盎司開盤後持續震盪,盤中最高來到1216.15美元/金衡盎司,歐市盤中受到美元指數上漲壓力,黃金盤中最低來到1207.65美元/金衡盎司,黃金收盤前持續震盪,最終收在1212.50美元/金衡盎司。

國際原油週四收漲0.58美元,或1.04%,報56.54美元/桶。EIA公佈周度原油庫存(萬桶)公佈值為1027.0,高於前值578.3,石油輸出國組織(OPEC)和非OPEC產油國計畫增產至多140萬桶/日的消息依然為油價帶來支撐,但美國原油庫存和產量繼續上升令漲幅受限。

美國股市週四收高,此前有關美國對華新一輪關稅行動暫停的報導,引發對中美兩國將解決其貿易爭端的樂觀情緒。道瓊工業指數上漲208.77點,或0.83%,報25289.27點;標準普爾500指數收漲28.62點,或1.06%,報2730.20點;納斯達克指數上漲122.64點,或1.72%,報7259.03點。

個股方面,尖牙股除臉書(FB)下跌0.26%,其餘皆上漲。Netflix(NFLX)股價上揚1.16%;亞馬遜(AMZN)走高1.28%; Alphabet(GOOGL)下跌1.56%。此外,半導體類股AMD(AMD)走高3.27%;Intel(INTC)上漲2.17%; Nvidia(NVDA)上揚2.64%。

日本股市週四下跌,因有關美國貿易政策,以及這些政策對全球經濟造成如何的憂心再起。日經指數終場收跌0.20%,或42.86點,收21,803.62點。

個股方面,三井住有金融集團日前公佈前季淨利跳增37%,但全年獲利展望維持在七千億日元不變,低於分析師預估的7519億日元,股價下挫3.05%。另外,瑞穗金融集團前季獲利持平,全年預估獲利年減1.1%也維持不變,股價收跌3.16%。軟銀,日本工業機器人大廠發那科等大型權值股分別下挫2.70%與1.93%,也拖累大盤表現。

 

Technical  Analysis
USDJPY

從日線圖上看,美元/日元隔夜震蕩收平,逼近113關口后反彈。技術指標上,MACD看漲動能柱縮減,RSI指標小幅向下延伸。後市看來,價格初步支撐考驗113關口,跌破則進一步指向112.800一線。上行方面,價格阻力位依舊指向114關口。

 

EURUSD

從日線圖上看,歐元/美元隔夜小幅收漲,震蕩交投於1.13一線附近。技術指標上,MACD看跌動能柱縮減殆盡,雙現黏合,RSI指標小幅向上延伸。後市看來,價格關鍵支撐位考驗1.12300一線。上行方面,價格初步阻力指向1.13700一線。

 

GBPUSD

從日線圖上看,英鎊/美元隔夜暴跌,最低觸及1.27229一線。技術指標上,MACD看跌動能柱顯現,RSI指標拐頭向下。後市看來,價格支撐位進一步考驗1.27000一線。上行方面,價格初步阻力位指向1.29600一線。

 

XAUUSD

從日線圖上看,金價隔夜小幅收漲,窄幅交投於1211一線附近。技術指標上,MACD看跌動能柱縮減,RSI指標小幅向上延伸。後市來看,金價初步阻力位指向1220一線。下行方面,金價關鍵支撐位考驗1200關口。

 

CL_

從日線圖上看,油價隔夜小幅收漲,持穩于56關口上方。技術指標上,MACD看跌動能柱縮減,RSI指標于超賣區向上。後市來看,油價支撐目標考驗55.00關口。上行方面,油價初步阻力位看向57.40一線。

 

DJ_

從日線圖上看,價格隔夜探底回升,最低觸及24780一線后反彈走高。技術指標上,MACD看漲動能柱微縮,RSI指標小幅向上。後市來看,價格初步阻力位進一步考驗25800一線。下行方面,價格支撐依舊看向24800一線。

 

NK_

從日線圖上看,價格隔夜小幅收漲,窄幅交投於21800一線附近。技術指標上,MACD看漲動能柱微縮,RSI指標小幅向上。後市來看,價格支撐考驗21500一線,上方阻力位看向22000關口。

 

 

15 十一月 2018

Daily Market View

 Daily Market View

 Thursday, November 15, 2018
          U.S Stock Market

 

DJIA S & P 500 NASDAQ
25042 2698.50 6768.25
-0.81% -0.76% -0.90%

U.S stocks fell for a fifth straight day as investors remained on edge over trade, political turmoil and economic growth. Crude halted its longest losing streak on record. The S&P 500 Index slumped to the lowest in two weeks after a key Democrat raised questions about the revamped Nafta deal and selling in Apple Inc. rekindled worry that megacap tech earnings have peaked. An afternoon respite from the selling sparked by U.K Prime Minister Theresa May clinching a Brexit deal with her cabinet gave way to a tumble into the close. Goldman Sachs’s woes continued, with the bank down 13 percent in four days to the lowest since November 2016. Shares of big banks such as Bank of America and JPMorgan Chase dropped about 2%, while Apple and Netflix slumped more than 2.5%. Stocks’ failure to gain momentum after a modest advance in the wake of last week’s midterm elections has made some investors nervous that continuing anxiety about a weaker global economy and tighter financial conditions could continue.

 

 

Major Economic Releases for Today
Period Event GMT Forecast Previous

oct

Australia Employment Change 00:30 20.0k 5.6k

oct

Australia Unemployment Rate 00:30 5.1% 5.0%

nov

U.S Philadelphia Fed Business Outlook 13:30 20 22.2

oct

U.S Retail Sales Advance (MoM) 13:30 0.5% 0.1%

oct

U.S Retail Sales Ex Auto and Gas 13:30 0.4% 0.0%

nov

U.S Initial Jobless Claims 13:30 214k 214k

oct

Canada Existing Home Sales (MoM) 14:00 -0.2% -0.4%

nov

DOE U.S. Crude Oil Inventories 16:00   5783k

 

Fed’s Powell Reviews Post-Hurricane Harvey Recovery Efforts 16:30    
Dow Jones Industrial Average

The Dow Jones Industrial Average declined 0.81%. The best performers of the session on the Dow Jones Industrial Average were Dow DuPont Inc., which rose 0.89% or 0.51 points to trade at 57.98 at the close. Meanwhile, Home Depot Inc. added 0.50% or 0.90 points to end at 179.90 and Verizon Communications Inc. was up 0.48% or 0.28 points to 58.94 in late trade. The worst performers of the session were The Travelers Companies Inc., which fell 2.97% or 3.77 points to trade at 123.04 at the close. Apple Inc. declined 2.82% or 5.43 points to end at 186.80 and JPMorgan Chase & Co was down 2.06% or 2.26 points to 107.33.

 

 

 

NASDAQ 100

The NASDAQ index fell 0.90%. The top performers on the NASDAQ Composite were Sphere 3D Corp which rose 58.18% to 2.610, Empire Resorts Inc. which was up 53.93% to settle at 13.130 and Presbia PLC which gained 24.08% to close at 0.906. The worst performers were Seven Stars Cloud Group Inc. which was down 48.77% to 1.670 in late trade, Resonant Inc. which lost 42.21% to settle at 1.670 and Five Star Quality Care Inc. which was down 31.97% to 0.435 at the close.

 

Oil

Oil prices finished higher yesterday with U.S. benchmark crude putting an end to its record 12-session streak of declines, as traders weighed rising crude supplies against lingering questions about demand. Natural-gas futures, meanwhile, saw a spectacular climb of about 18%, their biggest in more than 14 years as cold weather forecasts continued to feed concerns about tight U.S. supplies. West Texas Intermediate oil for December delivery rose 56 cents, or 1%, to settle at $56.25 a barrel, after settling Tuesday at $55.69 on the New York Mercantile Exchange. That was the lowest front-month contract finish since Nov. 16, 2017, and biggest one-day percentage decline, at over 7%, in more than three years, according to Dow Jones Market Data. The dramatic selling across the oil markets in recent days has come to a brief pause yesterday but many remain stunned by the acceleration in aggressive momentum that has transpired over the past couple of sessions.

 

Precious and Base Metals

Gold rose 1 percent yesterday, helped investors covered their short positions after the metal held the key $1,200 level. Spot gold was up 0.90 percent at $1,212.20 per ounce. This was the metal’s biggest one-day gain in nearly two weeks. Prices had slipped to their lowest since Oct. 11 at $1,195.90 in the previous session. U.S gold futures settled up $8.70, or 0.72 percent, at $1,210.10. The dollar has weakened a little bit and that has helped gold to catch a bid. There has also been some short covering after gold held the $1,200 level well. Also, the rebound in oil prices has given some support from the inflationary point of view. An index that tracks the dollar versus a basket of six major currencies was down 0.2 percent after hitting a 16-month high on Monday. The key driver in the near term continues to be currency movements. Factors including increased buying by central banks, the return of interest amongst exchange-traded fund (ETF) investors and seasonal demand for physical gold are acting as a cushion to the downside. Holdings of the world’s largest gold-backed ETF, SPDR Gold Trust, remained near their highest level in more than two months. Bullion has fallen about 11 percent from a peak in April as investors instead flocked to the dollar, with U.S.-China trade friction unfolding against a background of higher U.S interest rates. The dollar has benefited over the past week from expectations for further U.S interest rate hikes, as well as concerns over Italy’s budget and ongoing Brexit talks. The U.S central bank is expected to increase rates in December for a fourth time this year. Rising U.S interest rates increase the opportunity cost of holding non-yielding bullion. Among other precious metals, silver rose 0.86 percent to $14.10 per ounce, after earlier hitting $13.85 – its lowest since Jan. 21, 2016. There is so much above ground inventory that is causing silver prices to fall.

 

 

 

Traditional Agricultures

Soybean futures edged higher yesterday after the U.S Department of Agriculture pegged the pace of the harvest behind market forecasts. Corn also rose, rebounding from losses of more than 1 percent in the previous session, while wheat was little changed. Analysts said soybeans had drawn support from the latest estimates of the U.S harvest.

 

 

Futures Settlement Price Wednesday, November 14, 2018
Instrument Contract Open High Low Settlement Net Change
DJIA DJM18 25375 25486 24919 25042 -285
S & P 500 SPM18 2730.5 2748.25 2686.25 2698.5 -28.5
NASDAQ 100 NDM18 6861.75 6929 6746 6768.25 -83.25
Hang Seng HSH18 25785 25884 25426 25547 -287
Nikkei 225 NKH18 21820 21980 21755 21820 70
FTSE 100 FTH18 7012.5 7093 6957 7005.5 -13.5
Gold GCJ18 1203 1217 1197.8 1211.2 8.8
Silver SIK18 1396.5 1416 1385 1409.5 14.5
Copper HGK18 268.3 272.15 266.6 271.05 2.85
Crude Oil CLK18 55.47 57.51 55.27 56.17 0.76
Wheat WK18 508 510.75 500.75 502.75 -4.75
Soybeans SK18 880 886.75 878.75 883.25 5.25
Corn CK18 366 367.75 365.25 366.5 0.5

 

 

Daily Swings  (The Pivot Levels)
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
DJM18 24245 24582 24812 25149 25379 25716 25946
SPM18 2611.75 2649.00 2673.75 2711.00 2735.75 2773.00 2797.75
NDM18 6516.83 6631.42 6699.83 6814.42 6882.83 6997.42 7065.83
HSH18 24896 25161 25354 25619 25812 26077 26270
NKH18 21498 21627 21723 21852 21948 22077 22173
FTH18 6808.00 6882.50 6944.00 7018.50 7080.00 7154.50 7216.00
GCJ18 1181.13 1189.47 1200.33 1208.67 1219.53 1227.87 1238.73
SIK18 1360.00 1372.50 1391.00 1403.50 1422.00 1434.50 1453.00
HGK18 262.17 264.38 267.72 269.93 273.27 275.48 278.82
CLK18 52.88 54.08 55.12 56.32 57.36 58.56 59.60
WK18 488.75 494.75 498.75 504.75 508.75 514.75 518.75
SK18 871.08 874.92 879.08 882.92 887.08 890.92 895.08
CK18 362.75 364.00 365.25 366.50 367.75 369.00 370.25

 

 

 Source: – News & Quotes (Courtesy:  Reuters)                                                                    

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

 

市場報告                     2018-11-15

 

   
Market Summary
美元指數週三下跌,亞市盤中投資者將關注美聯儲主席鮑威爾講話,這可能給美元走勢提供重要指引,美元指數於97.1附近震盪,歐式盤中因義大利民粹主義政府不顧歐盟反對,減產預算赤字和經濟增長目標不變,令市場擔憂歐盟或將懲罰義大利,歐元遭到拋售美元上揚,盤中最高來到97.39,美市盤中美國公佈 10月核心消費者物價指數(年率),公佈值為2.1%,低於前值的2.2%,美元指數受到數據拖累開始下跌,盤中最低來到96.76,美元指數收盤前回穩最終收在97.03。

現貨黃金週三上漲,黃金於1201.80美元/金衡盎司開盤後持續震盪,歐市盤中受到美元上漲影響黃金最低來到1197.50美元/金衡盎司,美市盤中由於美元遭到拋售黃金向上反攻,盤中最高來到1215.90美元/金衡盎司,黃金盤後轉為盤整格局最終收在1210.40美元/金衡盎司。

國際原油週三收漲0.67美元,或1.21%,報55.96美元/桶。有消息指出沙特等石油輸出國組織(OPEC)產油國正考慮加大減產規模,這令原油多頭久旱逢甘露,從而幫助油價暫時終止了史上最長連跌紀錄,不過原油市場的疲軟前景仍未改變。

美國股市週三收低,其中標普500指數連續第五天下跌,因市場擔心一旦民主黨控制美國眾議院,對銀行業的監管將收緊,使得金融股受到打擊。道瓊工業指數下跌205.99點,或0.81%,報25080.50點;標準普爾500指數收跌20.60點,或0.76%,報2701.58點;納斯達克指數收低64.49點,或0.90%,報7136.39點。

個股方面,蘋果(AAPL)領跌科技板塊,下跌2.82%,並宣告進入熊市,主要是受到近期iPhone供應商下修財測,銷售持續擔憂,再遭遇高盛,瑞銀與古根海姆降評 等影響。公用事業公司PG&E(PCG)暴跌21.79%,該公司此前警告稱,如果發現其設備引發了加州北部的大火,該公司可能面臨超出保險範圍的重大責任。Netflix(NFLX)股價下跌 2.61%;臉書(FB)上漲1.45%;亞馬遜(AMZN)下跌1.97%; Alphabet(GOOGL)小漲0.63%。

日本股市因昨日大跌,吸引低接買盤湧入,提振日經指數週三開盤後上漲,不過因日本GDP創11季來最大減幅,加上中國零售遜色,拖累日經指數數度翻黑,惟在蘋概股反彈,日元趨貶支撐下,最終以上揚作收,終場漲0.16%或35.96點,收21,846.48點。

個股方面,再生晶圓大廠RS Technologies狂飆10.57%,創10月4日以來收盤新高水準。再生晶圓需求佳,北京廠生產順遂,RS調升財測。而昨日慘跌的日本蘋果概念股今日普遍反彈。日東電工大漲3.89%,TDK大漲3.01%, Alps上揚0.67%。

 

Technical  Analysis
USDJPY

從日線圖上看,美元/日元隔夜震蕩收跌,最低觸及113.284一線后有所收窄。技術指標上,MACD看漲動能柱擴縮減,RSI指標向下延伸。後市看來,價格初步支撐考驗113關口,跌破則進一步指向112.700一線。上行方面,價格阻力位依舊指向114關口。

 

EURUSD

從日線圖上看,歐元/美元隔夜小幅收漲,最高探至1.13432一線后有所收窄。技術指標上,MACD看跌動能柱微縮,雙現有金叉跡象,RSI指標小幅向上。後市看來,價格關鍵支撐位考驗1.12300一線。上行方面,價格初步阻力指向1.13700一線。

 

GBPUSD

從日線圖上看,英鎊/美元隔夜震蕩微漲,日內波動劇烈,一度跳水至1.28815一線后反彈。技術指標上,MACD看漲動能柱微增,RSI指標小幅向上。後市看來,價格支撐位考驗1.28600一線。上行方面,價格初步阻力位指向1.30關口。

 

XAUUSD

從日線圖上看,金價隔夜延續反彈,最高觸及1215一線。技術指標上,MACD看跌動能柱縮減,RSI指標向上延伸。後市來看,金價初步阻力位指向1220一線。下行方面,金價關鍵支撐位考驗1200關口。

 

CL_

從日線圖上看,油價隔夜止住跌勢,小幅收漲于56一線附近。技術指標上,MACD看跌動能柱微增,RSI指標依舊超賣。後市來看,油價支撐目標考驗54.00關口。上行方面,油價初步阻力位看向57.40一線。

 

DJ_

從日線圖上看,價格隔夜延續收跌,最低觸及24921一線。技術指標上,MACD看漲動能柱縮減,雙線死叉,RSI指標向下延伸。後市來看,價格初步阻力位考驗25600一線。下行方面,價格支撐進一步下看24800一線。

 

NK_

從日線圖上看,價格隔夜震蕩微跌,窄幅交投於21800一線附近。技術指標上,MACD看漲動能柱縮減,RSI指標基本持平。後市來看,價格支撐考驗21500一線,上方阻力位看向22000關口。

 

 

14 十一月 2018

Daily Market View

 

Daily Market View

Wednesday, November 14, 2018
          U.S Stock Market

 

DJIA S & P 500 NASDAQ
25327 2727.00 6851.50
-0.51% -0.10% +0.08%

U.S stocks declined as a slump in oil prices dragged down energy companies, extinguishing earlier gains that were spurred by progress in the American-Chinese trade dispute. The pound rallied on reports of advancement toward a Brexit deal. The S&P 500 retreated yesterday as West Texas crude hit a nine-month low, falling the most intraday since 2011, after U.S President Donald Trump criticized Saudi Arabia’s plan to cut output. The Dow Jones Industrial Average slid as Boeing, Exxon Mobil and Pfizer dropped. Treasuries climbed and the dollar fell from an 18-month high. Stock indexes had advanced earlier in the session after White House economic adviser Larry Kudlow told CNBC that the U.S and China are talking on “all levels” of government. That followed an overnight report that China’s Vice Premier Liu He will pave the way for a meeting between the leaders of the two biggest economies later this month. Caterpillar, 3M and mega cap technology shares that react to trade headlines had paced gains in major equity benchmarks.

 

Major Economic Releases for Today
Period Event GMT Forecast Previous

oct

China Retail Sales (YoY) 02:00 9.2% 9.2%

oct

China Industrial Production (YoY) 02:00 5.8% 5.8%

sep

Japan Industrial Production (YoY) 04:30   -2.9%

3Q

German Gross Domestic Product n.s.a. (YoY) 07:00 1.2% 2.3%

oct

U.K Consumer Price Index (YoY) 09:30 2.5% 2.4%

3Q

Euro-Zone Gross Domestic Product s.a. (YoY) 10:00 1.7% 1.7%

oct

U.S Consumer Price Index (YoY) 13:30 2.5% 2.3%

oct

U.S Real Avg. Hourly Earnings (YoY) 13:30   0.5%

 

U.S Fed’s Powell to Discuss Economy at Dallas Fed Event 23:00    
Dow Jones Industrial Average

The Dow Jones Industrial Average lost 0.40%. The best performers of the session on the Dow Jones Industrial Average were Intel Corporation, which rose 1.59% or 0.74 points to trade at 47.39 at the close. Meanwhile, American Express Company added 1.29% or 1.37 points to end at 107.86 and Procter & Gamble Company was up 0.83% or 0.77 points to 93.47 in late trade. The worst performers of the session were Exxon Mobil Corp, which fell 2.29% or 1.83 points to trade at 78.00 at the close. Boeing Co declined 2.11% or 7.52 points to end at 349.51 and Chevron Corp was down 1.74% or 2.04 points to 115.35.

 

 

NASDAQ 100

The NASDAQ index added 0.03%. The top performers on the NASDAQ Composite were Pyxis Tankers Inc. which rose 53.89% to 2.9700, EyeGate Pharmaceuticals Inc. which was up 34.66% to settle at 0.420 and Hudson Technologies Inc. which gained 32.96% to close at 0.960. The worst performers were EverQuote Inc Class A which was down 43.49% to 6.73 in late trade, PHI Inc. which lost 25.27% to settle at 4.76 and CTI Industries Corporation which was down 24.30% to 3.02 at the close.

 

Oil

Oil prices fell for a 12th straight session yesterday, the longest streak on record, after President Donald Trump pushed back against Saudi Arabia’s plan to increase its output. Crude oil and Brent crude oil, the international benchmark, were both down by about 4.3%, at $56.36 and $65.92 a barrel. “Hopefully, Saudi Arabia and OPEC will not be cutting oil production,” Trump tweeted on Monday. “Oil prices should be much lower based on supply!” Late Sunday, Saudi Arabia’s energy minister, Khalid Al-Falih, told reporters in Abu Dhabi that the kingdom was going to reduce its oil production by about 500,000 barrels a day in December.  Oil prices have tumbled into a bear market — down at least 20% from their October peaks — amid concerns of growing stockpiles. And data released last week by the Energy Information Agency showed US oil inventories climbed by 5.8 million barrels in the week to November 2, while production hit a weekly record of 11.6 million barrels per day.

 

Precious and Base Metals

Gold shook off earlier losses yesterday to move back above the key $1,200 an ounce support level, benefiting from a slight retreat in the dollar following a rally backed by rising U.S interest rates. Spot gold edged up 0.2 percent at $1,202.90 per ounce, having fallen to its lowest since Oct. 11 at $1,195.90 earlier in the day. U.S. gold futures were steady at $1,203.70 per ounce. Bullion was also on track to snap a seven session-long losing streak, supported by limited buying on the dips by price-sensitive customers. The weaker dollar is supporting gold, and a lot of people are anxious to purchase the metal below $1,200. There is widespread liquidation in some of the markets, including energy. Investors may be shifting money around through new asset allocation by selling those positions and buying gold futures. The dollar index, which measures the U.S. unit’s performance against a basket of major currencies, eased 0.4 percent, having hit its highest since June 2017 in the previous session, making gold less expensive for holders of other currencies. The dollar has benefited over the last week from expectations for further U.S. interest rate hikes, as well as concerns over Italy’s budget and ongoing Brexit talks. There has been a bit of physical demand around the $1,200 levels. The continued weight on the gold market of late has been due to the slowly rising interest rate environment. Bullion had traded between $1,211 and $1,243 an ounce for much of the last month before slipping sharply over the last two sessions. Gold’s fall has done a lot of technical damage so the bounce we see could be short-lived. Meanwhile, holdings of the world’s largest gold-backed exchange-traded fund, SPDR Gold Trust, rose 0.90 percent to 762.00 tonnes on Monday. Holdings hit their lowest since early 2016 last month after declining over the summer. Silver rose 0.6 percent to $14.04 per ounce, having touched a more than two-month low of $13.92 earlier in the session.

 

 

 

 

Traditional Agricultures

Wheat futures were lower yesterday, retreating from a three-week high touched in the previous session, as the market’s focus remained on whether an expected pick-up in the pace of exports will materialize in the near future. Corn prices also fell yesterday.

 

 

 

Futures Settlement Price Tuesday, November 13, 2018
Instrument Contract Open High Low Settlement Net Change
DJIA DJM18 25405 25564 25180 25327 -59
S & P 500 SPM18 2731.25 2755.75 2714.5 2727 -1.5
NASDAQ 100 NDM18 6846.75 6961 6800.75 6851.5 15.5
Hang Seng HSH18 25056 25854 25002 25834 286
Nikkei 225 NKH18 21810 21820 21470 21750 -495
FTSE 100 FTH18 7044.5 7082 6993.5 7019 -8
Gold GCJ18 1201.4 1205.3 1196.4 1202.4 1.9
Silver SIK18 1397 1409 1391 1395 -21
Copper HGK18 266.8 274.8 266.3 268.2 1.35
Crude Oil CLK18 58.96 59.48 54.87 55.41 -3.57
Wheat WK18 519.25 520.25 505.75 507.5 -11.5
Soybeans SK18 882.25 890.25 876.75 878 -5
Corn CK18 369.25 370.5 365 366 -4.75

 

 

Daily Swings  (The Pivot Levels)
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
DJM18 24766 24973 25150 25357 25534 25741 25918
SPM18 2667.83 2691.17 2709.08 2732.42 2750.33 2773.67 2791.58
NDM18 6620.92 6710.83 6781.17 6871.08 6941.42 7031.33 7101.67
HSH18 24421 24711 25273 25563 26125 26415 26977
NKH18 21190 21330 21540 21680 21890 22030 22240
FTH18 6892.50 6943.00 6981.00 7031.50 7069.50 7120.00 7158.00
GCJ18 1188.53 1192.47 1197.43 1201.37 1206.33 1210.27 1215.23
SIK18 1369.67 1380.33 1387.67 1398.33 1405.67 1416.33 1423.67
HGK18 256.23 261.27 264.73 269.77 273.23 278.27 281.73
CLK18 49.08 51.98 53.69 56.59 58.30 61.20 62.91
WK18 487.58 496.67 502.08 511.17 516.58 525.67 531.08
SK18 859.58 868.17 873.08 881.67 886.58 895.17 900.08
CK18 358.33 361.67 363.83 367.17 369.33 372.67 374.83

 

 Source: – News & Quotes (Courtesy:  Reuters)                                                                    

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.