Look At The Global Stock Market Trend.

The current situation is that China's data shock will shock the world. On Thursday, the disk change of European market has changed considerably. Yen, CHF and gold have been threatened by the stock market decline. The euro's financing and monetary attributes have reappeared, while the Australian dollar and Canadian dollar in commodity currencies have weakened further, and crude oil has remained low after Wednesday's fall.

Although the US dollar index has risen after Yellen's speech in the morning, if the US dollar continues to strengthen in the future, it is unlikely that the Fed will raise interest rates. If the global stock market continues to fall, the risk assets will be sought after, and the time of the Federal Reserve raising interest rate will not be so easy.

In the foreign exchange market, we must keep a close watch on the Japanese yen and Japanese yen cross market. Before the last round of the fall in the US and Japan, I repeatedly warned in the analysis that if the market is to start, the US and Japan will still be the weathervane, which will be stronger than other non US currencies, and the daily average will be suppressed. Once the 119.50-119.00 is broken, the support interval will run below 115.

The trend of crude oil is still suppressed at the economic level, and the weekly chart continues to take up the lead and the average daily line is suppressed. Once again, Dong Shang oil falls below 285 today. It will face accelerated decline, the upper pressure level is 290, and the corresponding price of the US crude oil is 44.6. Next week, we will pay attention to whether we will test the 40 pass.

Thursday's high 1156.7 was blocked by the daily graph 110 average, and the early market fell again, breaking the position of 1150. Temporarily strong or difficult to continue, Friday is easy to appear profit margin, and there are 1140 supporting positions in the test.

The Shanghai Composite Index's daily line chart trend, the battle for 3000 lasted for one month, the monthly graph may still have three months of weakness, the technical level of the daily line level is more than a dead fork, or the 3000 gateway will be broken, and there will be a sharp fall trend once there is a break.

The Shanghai Composite Index fell 40.13%.

Hang Seng Index fell 26.41%, Nikkei index fell 16.12%, German index fell 23.91%, Dow fell 11.72%, from the technical perspective of stock index is now on the edge of the cliff, of course, China's stock market is entering the basement, and if rebound, then the fall may be greater, and the stock market decline is not a particular country's unique rights.

Europe and America

The bull market in recent years can basically be regarded as the end of the bull market. Then there will be a crisis in the face of the fall. This fall is the Asian stock market's lead. China's stock market leads the world. Once the Dow's fall starts again, please be prepared. The fall of commodity currencies is definitely not over, nor do we expect to see the bottom now.

The world economy looks at China and the Chinese economy looks at stock market confidence.

The decline in the pound this week may be an increase in anxiety this week, with a 2% decline this week. This afternoon there was a statement by the Bank of England [micro-blog] in the afternoon that there was a need to pay attention to the change in the monetary policy of the central bank. If the statement of economic optimism increased, the sterling would have a quick rebound in the 1.5200 barrier, and conversely, once again the 1.5200 will continue to fall again, the data can take 1.5230 of the breakthroughs and the 1.5200 abandonment.