Data and news released yesterday:
The ISM manufacturing PMI of the United States in November was 48.1, which remained below the PMI for the fourth consecutive month, lower than the expected 49.4 and 48.3 of last month.
Trump: the manufacturing industry is being dragged down by the strong dollar, which is supported by the absurd policies of the Federal Reserve.
In October, the monthly rate of construction expenditure in the United States fell by 0.8%, expected to increase by 0.4%, and the previous value decreased by 0.3% from the revised value of 0.50%.
Lagarde said that the European Central Bank will resolutely achieve the inflation target.
Trump decided to resume the imposition of tariffs on Brazilian and Argentine exports of metals.
The PMI of German manufacturing industry exceeded the initial value, and the PMI of German manufacturing industry in November was 44.1, with the preliminary data of 43.8.
The short-term US dollar index fell more than 30 points, breaking the 98 level to 97.81. Compared with the earlier daily high, it fell nearly 60 points, the whole declined 0.42% to 97.87.
EUR/USD rose 0.55% to around 1.1079, the largest increase since mid-September.
GBP rose 0.11% to close at 1.2939; it fell as much as 0.2% to around 1.2896 after polls showed the Conservative Party’s lead over the opposition Labour Party narrowed.
USD/JPY fell 0.47% to around 108.98, reaching a minimum of around 108.93.
Spot gold fell and rebounded. The lowest intraday price in the US was 1453.60 US dollars / ounce. After the opening, the price of gold fell all the way. At one time, there was a dive in the intraday market. After hitting the intraday low, the V-shaped desk reduced part of the decline and returned to the fluctuation above 1460.
WTI January crude oil futures rose $0.79, or 1.41%, to $55.96/barrel.
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