Britain threatens the European Union to withdraw from the pound next week without reaching an agreement

Original title: Great Britain threatened the European Union to withdraw from the pound next week without reaching an agreement

October 7 3: 00-22: 30 Wednesday (October 7) European market afternoon,American dollarThe index fell, the lowest fell to 93.56, but then rebounded, currently standing near 93.62; spotgoldShort-term decline from around US $ 5 to US $ 1,884.80 /ounce。

At the end of the European market, news came from Brexit that the UK is preparing to withdraw from the EU without reaching a deal on October 15.negotiationAlthough the negotiators of the two parties have stated that they remain optimistic, the news makesGBPIt fell sharply and fell 40 points in the short term.

A spokesman for the British prime minister said that British Prime Minister Johnson will inform the President of the European Council, Michel, that there is very little time left to reach an agreement.

Earlier, Frost, the main representative of the Brexit negotiations, said that we are working hard to reach an agreement; If we cannot agree, we will trade on the Australian model.

We will do our bestjobsLet’s see if an agreement can be reached before October 15, we have advanced a lot, the reality is that we will only reach an approximate agreement on the main pending issues;The competitive environmentAnd the governmentadministrationProgress has been made; work on the text of the agreement will begin after October 15; All the work will be ready and finished by the end of the year, and there is still a lot to do; we are waiting for the EU decision.

Additionally,marketStill in the wake of the shock caused by Trump’s announcement to end stimulus bill negotiations yesterday, though Trump later tweeted to support the distribution of $ 1,200 in stimulus.checkAnd it will protect the aviation industry. But the basic market consensus is that there is basically no hope that a major new round of stimulus bills will be reached before the US presidential election in November.

The chief of staff of the US White House, Meadows, recently stated: “I am not optimistic about the comprehensive stimulus package. Individual stimulus measures can still be introduced.” He claimed that Trump is doing everything he can to fulfill his duties.Trump had a phone conversation with US Treasury Secretary Mnuchin todaythe companyAttendance problems.

Many todayInlandChu’s official plans to give a speech The analysis said the market will pay close attention to its lack offinancialComments on the economic outlook for the United States in difficult conditions.

The president of the Federal Reserve Bank of Minneapolis was the first to speak and stated thatFinancial helpIt is crucial that we can act quickly on the issue. The road to economic recovery is still long and uncertain. If financial support runs out,BankThe loss will increase.

He expects the S&P 500 index to fall to 3,100 points in the “worst case” scenario. Compared to Wednesday’s closing price of 3,360.95, this is a decrease of approximately 8%.objectivesversusMorgan stanley(Morgan Stanley) will expand the target range of the Standard & Poor’s 500 (S&P 500) index to 3,100-3,550 for the remainder of this year.

US stocks opened today. As of this release (10:13 p.m. Beijing time), Dow Jones, S&P 500 andNasdaqThe index rose 1.20%, 1.03% and 0.92% respectively.

Overall, compared to the shock caused by Trump’s launch yesterday, the market has gradually calmed down: the dollar, which is considered a safe haven, has fallen, and other major players except the British poundcoinAnd assets fluctuate little.investmentThe person’s tension is slightly relaxed, but the progress of the follow-up will be observed more closely.

principalcoinTrend analysis:

　　EUR: At the start of the European market on Wednesday, the EUR / USD opened at 1.1754. During European time, it rose, peaking at 1.1781, and then fell back to 1.1767 at the end of the session.short termInitial support is at 1.1707 and initial resistance can be seen at 1.1783.

GBP: At the start of the European market on Wednesday, GBP / USD opened at 1.2905. The European time fell sharply, the low was 1.2844. Initial short-term exchange rate support is at 1.2819, and initial resistance can be seen at 1.2960.

Yen: The US dollar / yen opened at 105.72 in early European trading on Wednesday. During European time, it moved higher, reaching a high of 106.10. Initial short-term support for the exchange rate is at 105.45 and initial resistance can be seen at 106.09.

(Article Source: FX168)

(Editor in charge: DF520)