Global Data Is Not Good &Nbsp; US Stocks Are Mixed By &Nbsp; Oil Prices Are Falling.

Global economic data are not good. U.S. stocks are closing at a mixed rate.

US stock market closed on Thursday

At 16:00 p.m. Eastern time on October 13th (Beijing time October 14th 04:00), the Dow Jones Industrial Average fell 40.72 points, closing at 11478.13 points, or 0.35%, while the Nasdaq composite index rose 15.51 points to 2620.24 points, or 0.60%, while the standard & Poor's 500 index fell 3.59 points, or 1203.66 points, or 0.30%.

Among the S & P 10 components, financial stocks fell the most.

Technology and telecommunications sector rose.

The S & P 500 index has risen about 6% so far this month.

The index closed above 1200 on Wednesday for the first time in three weeks.

Among the three major indexes, the index was the best.

Google, a technology giant, will announce its earnings after today, with the market expecting an average earnings of $8.74 per share.

Google is the third largest US company to announce its earnings this week.

The Dow fell more than 141 points in early trading today, partly because of global economic data.

The latest Asia Pacific Regional Economic Outlook released in October 13th by the IMF pointed out that the escalation of the financial turmoil in the euro area and the deceleration of the US economy are more serious than expected, which will cause "obvious macroeconomic and financial spillover effects" on Asia.

In addition, IMF also lowered the Asian region's economic growth expectations, and warned that the downside risks facing Asian economic growth are increasing.

In 2011, the Asian region's gross national product (GDP) growth rate is expected to be 6.3%, rising to 6.7% in 2012 and 0.5 and 0.2 percentage points lower than that in April.

The General Administration of Customs announced on Thursday that China's exports in September increased by 17.1% over the previous year, up less than expected by the market, and the trade surplus in September dropped from US $17 billion 760 million in August to US $14 billion 510 million.

After the approval of the EFSF (European financial stability mechanism) expansion case in the second vote of the Slovakia Congress, the US stock market began to rebound slowly.

Earlier, the country's Parliament rejected this bill, which led to the resignation of the government headed by Radi Kurkovva, the prime minister.

Slovakia is the last country in the 17 European Union to vote for EFSF.

In terms of economic data, the number of Americans claiming unemployment benefits for the first time last week was 404 thousand, and the trade deficit in August was US $45 billion 600 million.

European stock markets were down, and banks and mining stocks were dragged down.

London (Reuters) London, October (13) European stock markets closed down on Thursday, reaching a nine week closing high on the previous session, after China's trade figures were weaker than expected, raising concerns about the global economic outlook.

Bank shares fell earlier, after the European Central Bank warned that the loss of bondholders could threaten the euro zone banking system by reducing government bonds.

The STOXX Europe 600 banking shares index fell 3.7%, and Italy's banking stocks were hit hard by investors worried about the country's political instability, heavy debt burden and the rise in government bond yields.

Italy index index.FTMIB fell 3.7%, Italy's Yuxin Bank (UniCredit) and its largest retail bank Intesa Sanpaolo fell 12% and 8.2%. respectively.

French bank shares with large exposure to Italy's bonds also plummeted, while the Bank of Paris, France, fell 5.6%, and Societe Generale fell 6.7%.

Deutsche Bank fell 5.6%, as the source said the bank and other European banks needed to raise 1 billion euros to meet the core capital target of 9%.

Pan European blue chip index FTSEurofirst 300 index.FTEU3 fell 1.1%, at 966.37 points, hitting nine week closing high yesterday. So far this year, the stock index has dropped 14%.

"The rally in the past few days has made the market almost technically overbought," said Mike Lenhoff, chief strategist at Brewin Dolphin. "This can be seen as a relatively short term profit taking, and it is hoped that it will not lead to a complete reversal of the rebound."

China announced that the trade surplus in September narrowed for second consecutive months, and the weight of mining stocks fell sharply. Xstrata fell 3.7%, and Antofagasta fell 6.3%.

The FTSE 100 index.FTSE lowered 0.71% to 5403.38 points, the German stock market DAX index.GDAXI fell 1.33%, reported 5914.84 points, the French CAC-40 index.FCHI fell 1.33%, reported 3186.94 points.

13, the New York Mercantile Exchange fell 0.8% during the golden period.

Xinhua net Chicago on October 13 (reporter Zhu Zhu) because of 12 days after the rise, some investors profit, and the dollar continued to rise in early trading, resulting in 13 days, New York gold prices fell slightly.

The New York futures exchange's most active December contract closed at $1668.5 an ounce, down 14.1 dollars from the previous session, or 0.8%.

Mike Daly, a gold analyst at Bailey financial group, said that after 12 days of high gold prices, some short-term investors chose to ship at a high level, thus suppressing the market.

Gold prices rose 1.3% on the 12 day amid the easing of worries about European debt and closed at a two week high of $1682.6 an ounce.

In addition, the 13 - day gold trading period of the U. S. dollar stronger, resulting in energy and other commodities market overall weakness, also to a certain extent, the pressure of gold prices.

As investors' worries about European debt are increasing, the risk of investment in stocks and other stocks has dropped successively, which has also made investors increasingly nervous, forcing them to cash in from the gold market to make up for losses in other areas, leading to a continuous plunge in gold in the near future.

But analysts also say that demand for physical gold from Asia has increased in the short term, which is conducive to supporting gold prices, at least not letting gold prices go too far.

Silver futures prices for December delivery fell $1.122, or 3.4%, at $31.667 an ounce.

Platinum futures for January fell $22 An ounce, or 1.4%, to $1532.4.

(new. Hua. Net)

International oil price falls 13 days

By the United States last week crude oil inventories unexpectedly increased sharply, international oil prices fell 13 days.

The US Energy Intelligence Agency released a report on the same day that US crude oil inventories increased by 1 million 340 thousand barrels in the week ending October 7th, which is higher than expected before the market.

But the report also showed that gasoline inventories decreased by 4 million 100 thousand barrels during the week.

In addition to the increase in supply, China's foreign trade data in September also put pressure on oil prices.

According to the Customs General Administration of China, China's trade surplus in September decreased for a second consecutive month, with a decrease of 12.4%, and crude oil imports also fell by more than 10% in the same month.

In addition, investors are still worried about the European debt crisis.

The European Central Bank said on the same day that if the private sector is forced to bear sovereign debt losses, it will affect the credibility of the euro and damage the interests of the euro zone banks.

European debt is uncertain.

By the end of the day, the New York Mercantile Exchange delivered light crude oil futures in November, down 1.34 US dollars, closing at $84.23 a barrel, or 1.59%, with a range of US $83.17 to US $85.39.

Beihai crude oil futures for November delivery, Brent crude oil futures, fell 25 cents to $111.11 a barrel, or 0.22%.

(new. Hua. Net. Joe. Ji Hong.)

S & P cut Spain's rating, euro / dollar rebound frustrated

On Friday (October 14th), the euro / dollar fell to a low of 1.3733 from 1.3770 on the first half of the Asian market as a result of rating agency S&P downgraded Spain's sovereign rating.

S & P said Spain's rating would be lowered to AA- due to economic growth and banking risks.

The euro / dollar fell by about 40 points, and the rally since 1.3685 has also been blocked.

The Slovakia parliament passed the EFSF expansion plan in the second round of voting on Thursday (October 13th). At this point, the 17 countries in the euro area have passed the bill, which paved the way for the real effectiveness of EFSF.

But before the euro / dollar hit 1.3800 again, it was retreated by Spain's downgrade.

Some analysts have pointed out that the 17 countries in the euro area have already expanded the EFSF, but the fact remains that the fundamentals of the eurozone are still struggling.

It is the key to the euro / US dollar's trend to jointly launch a package of rescue measures in the future, and whether the EU summit can take effective measures to deal with the crisis.

In addition, a recent survey shows that analysts believe that the next rate action by the European Central Bank (ECB) will reduce interest rates by 78%.

Most analysts expect the ECB to cut interest rates to 1.25% in the fourth quarter, and further cut interest rates to 1% in the first quarter of next year.

Of the more than 50 analysts surveyed, 8 expect the ECB's interest rate cuts to be implemented next month, and most expect the policy to come in December.