fbpx

Gold Spot

Gold prices edged higher in a choppy trading on Tuesday as the U.S. dollar and Treasury yields eased, while prospects of higher inflation driven by more U.S. fiscal stimulus provided further support to the metal. U.S. President-elect Joe Biden said Americans needed more economic relief from the COVID-19 pandemic and that he would deliver a plan costing “trillions” of dollars.

Technical Resistance: 1872/1895

Technical support: 1837/1820

Market headlines:

  • S&P 500 ends with slightest gain as small caps favored
  • Oil prices extend gains after U.S. inventory drop
  • S. labor market losing speed as COVID-19 spirals out of control
  • USDMYR traded at 4.0452

Economic data:

  • 13 Jan 2021 Malaysia time 1:30 pm – China Foreign Direct Investment (FDI)
  • 13 Jan 2021 Malaysia time 5:00 pm – ECB President Lagarde Speaks
  • 13 Jan 2021 Malaysia time 9:30 pm – U.S. Core CPI (MoM) (Dec)

S&P 500 ends with slightest gain as small caps favored

The benchmark S&P 500 closed barely higher on Tuesday while shares in smaller companies soared to record highs as investors favored more economically sensitive market segments as they bet on a recovery in 2021. U.S. Treasury yields climbed and the small cap Russell 2000 finished up 1.8% at a record high, after outperforming throughout the session, along with the cyclical financial and energy sectors, which are heavily dependent on a strong economy for growth.

Oil prices extend gains after U.S. inventory drop

Oil prices rose on Wednesday, with U.S. crude gaining for a seventh day, after an industry report showed a further drop in inventories and investors shrugged off worsening developments in the pandemic. Both benchmarks are trading at the highest since February, before the coronavirus outbreak in China began spreading across the world and billions of people went into lockdowns to prevent a pandemic that is now in a deadlier second wave.

U.S. labor market losing speed as COVID-19 spirals out of control

U.S. job openings fell moderately in November, but mounting layoffs amid rampant COVID-19 infections supported views that the labor market recovery from the pandemic was stalling. The Job Openings and Labor Turnover Survey, or JOLTS report from the Labor Department on Tuesday followed on the heels of news last Friday that the economy shed workers in December for the first time in eight months. The slowing labor market and a worsening public health crisis could pressure the incoming Biden administration to deliver a bigger relief package.

 

 

Source: Bloomberg, CNBC, Reuters

黄金现货

金价周二在震荡中小幅走高,美元和美国公债收益率回落,而美国更多财政刺激措施推动通胀上升的前景为金价提供进一步支撑。美国当选总统拜登表示,美国人需要更多经济援助,他将推出一项耗资“数万亿美元”的计划。

技术阻力:1872/1895

技术支持 :1837/1820

主要头条:

  • 标普500指数收低,因小型股受青睐
  • 美国库存下降后,油价延续涨势。
  • 由于COVID-19螺旋式失控,美国劳动力市场复苏正在失去速度
  • 美元兑马币交易 RM 4.0452

 

经济数据:

  • 1月13日马来西亚时间 1:30 pm- 中国实际外商直接投资年率(%)
  • 1月13日马来西亚时间 5:00 pm- 欧洲央行行长拉加德(Christine Lagarde)讲话
  • 1月13日马来西亚时间 9:30 pm- 美国核心CPI月率(%) (月度环比) (十二月)

 

 

标普500指数收低,因小型股受青睐

标准普尔500指数周二收盘几乎没有走高,而小型公司的股票飙升至历史新高,因为投资者青睐对经济更为敏感的细分市场,因为他们押注2021年复苏。美国国债收益率攀升,小盘股罗素2000收盘上涨1.8%。 创下历史新高,在整个交易时段表现出色,再加上周期性的金融和能源行业,这些行业严重依赖强劲的经济增长。

美国库存下降后,油价延续涨势。

石油价格周三上涨,美国原油价格连续第七天上涨,此前一份行业报告显示库存进一步下降,投资者对大流行病恶化的状况不屑一顾。 两项基准均创下自2月以来的最高水平,当时中国的冠状病毒爆发开始在全球蔓延,数十亿人被封锁以防止目前正处于致命第二波的大流行。

由于COVID-19螺旋式失控,美国劳动力市场复苏正在失去速度

美国11月的职位空缺略有下降,但在COVID-19感染猖狂的情况下,裁员人数不断增加,支持了从大流行中恢复劳动力市场的停滞的观点。 劳工部周二发布的《职位空缺和劳动力周转调查》(JOLTS)紧随上周五的消息之后,即经济在十二月份首次裁员是八个月以来。 劳动力市场增速放缓和公共卫生危机恶化可能会给拜登上任的政府施加压力,要求其提供更大的救济方案。

 

资料来源: Bloomberg, CNBC, Reuters