4E: The market is digesting Trump's new policies, and multiple economic data will appear one after another this week
January 27 news, according to 4E monitoring, the three major U.S. stock indexes fell back on Friday after four consecutive gains last week, but all recorded gains for the second consecutive week. The S & P rose 1.74% last week, the Dow rose 2.15%, and the Nasdaq rose 1.65%. Large technology stocks only Tesla and Apple closed down last week, down 4.7% and 3.1% respectively. The crypto market continued to fluctuate downward. Bitcoin once exceeded US$109,000 on Trump's inauguration day on Tuesday, hitting a record high before falling back. However, supported by a series of friendly executive orders from Trump, the overall price remained volatile around $105,000 last week. Affected by the opening decline of U.S. stock index futures this morning, Bitcoin fell sharply by nearly 3.6% and fell below US$101,000, basically smoothing out the nearly seven-day gains. Driven by Bitcoin, the copycat market fell sharply collectively, with AI and meme sectors leading the decline, and the market sentiment was pessimistic. In terms of foreign exchange stocks, the US dollar index fell more than 0.5% on Friday and fell by about 1.7% last week, hitting a one-month low and the largest weekly decline in more than a year. Affected by Trump's promise to vigorously promote oil production after taking office and his call on OPEC to lower oil prices, oil prices continued to fall. Buoyed by the weakening of the US dollar and uncertainty about Trump's policies, spot gold rose nearly 3% last week, achieving four consecutive positive results on a weekly basis. This week's "Super Central Bank Week" strikes. On Thursday, the Federal Reserve, the European Central Bank and other countries will issue interest rate decisions. In addition, fourth-quarter GDP data from Europe and the United States, core PCE inflation indicators, and financial reports from technology giants such as Apple and Tesla will also appear one after another. Markets are cautious about the many risk events in the coming week. ee.com is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets. It recently launched the USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and rationally allocate assets.
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