The "Competition Index" Can Prairie Fire &Nbsp; &Nbsp; The Euro Is Not Yet Stable.

Affecting the global market

The three focus is around the stock market this week.

As investors worried about the European debt crisis, Irish Prime Minister Brian Corn said recently that the talks on EU assistance to Ireland were progressing well.

In addition, experts from the European Union and IMF are also examining and assessing Ireland's heavily troubled bank accounts to ease investor concerns.

Affected by this, the US stock market rose slightly on the 19 th.

Among them, the Dow Jones index closed up 0.2%, the standard & Poor's 500 index rose 0.3%, the NASDAQ index rose 0.2%.

Judging from weekly gains, the Dow Jones industrial average rose 0.1% last week, the standard & Poor's 500 index edged up 0.04%, and the NASDAQ index dropped 0.004%.

According to Bloomberg data, in the S & P 500 sub index, the store index, footwear index and leisure products index rose by 5.14%, 4.90% and 4.75% respectively.

Real estate, health care hospitals and residential construction are at the bottom, with a decrease of 6.88%, 5.62% and 4.8% respectively.

However, entering the new week, the US stock market will still face three big challenges.

It also includes Ireland's debt problem and whether the US stimulus policy works. In addition, investors need to focus on a series of US economic data this week, including the third quarter gross domestic product (GDP) correction, durable goods orders and personal income.

Analysts expect all these data to show that the economy is on the right track.

This week, the United States will also celebrate the "black Friday" on Thanksgiving Day, which will be a traditional day when Americans begin to seriously consider holiday shopping.

Some analysts believe that holiday spending is expected to dominate next week's performance in the US stock market.

"Optimism on holiday sales is most likely to push the cyclical bull market to continue, so that depends in many ways," said Chris Boba, technical analyst at standard & Poor's short term market in New York. "If sales look weak, the downtrend or expansion will be extended."

With the answer to the question of whether Ireland will receive aid, the uncertainty in the euro area is also declining. Coupled with the poor economic data released by the US last week, such as the CPI, the two factors boosted the euro's continuous rise.

As of 19, the euro exchange rate against the U.S. dollar has gone out of three successive Yangs, the cumulative increase of 1.45%.

On the 19 day in New York, the euro rose 0.3% to 1.3684 dollars against the US dollar. The exchange rate fell to seven week low 1.3446 dollars earlier this week, and the euro has fallen 2% so far this month.

However, analysts pointed out that the euro may remain stable against the US dollar this week, but the market's lingering concerns about the possible spread of debt problems to other economies in the euro area may inhibit further strengthening of the euro.

Andrew Wilkinson, a senior market analyst at Ying Tong Securities, pointed out that even if Ireland reached a rescue agreement, investors might focus on Portugal, which might have problems, resulting in the euro losing its current mild rise.

Terence Chekci, executive vice president of the Federal Reserve Bank of New York, said that the US dollar weakness is a combined effect of US monetary policy. Once the US economic recovery becomes stronger, the dollar should appreciate again.