The US Stock Market Was Strong, And The Three Points Continued To Exceed 250 Points. Sino US Economic And Trade Consultations Continued On Wednesday.

The stock market rally eased investors' concerns about the future. The CBOE, the VIX, also known as the panic index, was 20.31 on Tuesday, which fell by nearly 8% compared with the previous trading day, nearly half of the 36.07 in the four quarter of December 24th.

David Kostin, chief strategist of Goldman Sachs, is full of confidence in US stocks.

He said the market is too pessimistic about the potential of US economic growth.

Although the US stocks opened at the beginning of the year, the valuation of the market shows that US stocks are expected to record positive returns this year.

He forecasts that the US economy will continue to grow, the US share earnings growth will be 6%, the P / E ratio will rise to 16 times, and the S & P 500 index is expected to rise to 3000 before the end of the year.

The Sino US trade negotiations will continue. According to the global times, the Sino US vice ministerial trade consultation held in Beijing on 8 may not be released until midnight, and will continue on 9.

Analysts believe that the negotiations are serious timeout, indicating that Chinese and American officials are determined to reach an agreement in the negotiations.

President Trump once again pointed to the Federal Reserve. He said on social media that the US economic data looks very good. You can imagine how simple it would be if I could have a long term zero interest rate environment like previous governments and boost the economy. Now we are faced with the challenge of normalizing monetary policy and continuing to raise interest rates rapidly.

But in any case, the stock market is much better now than in 2016.

In terms of data, the number of job vacancies decreased by 243 thousand to 6 million 890 thousand in November, according to the labor vacancy and labor mobility Survey (JOLTS) released by the labor department on Tuesday. It has reached a low of 5 months, but is still nearly 1 million higher than that of the unemployed. This is in line with the tight job market.

The US trade figures for November were postponed due to the government's suspension.

Technology stocks rose collectively. In the big five FAANG, Facebook rose 3.3%, Apple Rose 1.9%, Nye soared 1.56%, Amazon rose 1.6%, Google parent company Alphabet rose 0.74%.

Since December 24th, FAANG stocks have rebounded sharply.

During this period, Facebook shares rose 15.9%, Amazon climbed 26.8%, and Nai flew nearly 37%.

Poor performance of chip stocks, NVIDIA fell 2.5%, application technology fell 4%, Samsung Electronics issued a profit warning on Tuesday, due to its low demand for memory chip business and smart phone market competition, its fourth quarter 2018 earnings may decline sharply.

China's stock market is up and down, Alibaba rose 2.6%, the company announced 90 million euros to acquire German Data Processing Inc data Artisans, currently ING, streaming media services Netflix and taxi service company Uber and other global company are using Data Artisans Apache Flink platform, used to support real-time analysis, machine learning, search and content ranking, and fraud detection and other large-scale applications.

Jingdong rose 0.8%, Baidu rose 0.5%, Iqiyi fell 1.4%, gifted letter fell 3.9%, Sina micro-blog fell 5.7%, after Morgan Stanley lowered Sina Sina rating to wait-and-see.

International oil price is seven plus Yang.

Tuesday's international oil price continued for the new year, with a good trend of seven consecutive days. The WTI crude oil contract rose 1.26 US dollars, or 2.60%, at 49.78 US dollars / barrel.

Brent crude oil contract closed up 1.39 U.S. dollars, or 2.42%, at 58.72 U.S. dollars / barrel.

The recent global stock market and OPEC production cuts have been put into effect to stabilize oil prices, and Saudi Arabia is considering further reducing the decline in crude oil production, so as to inject new impetus into oil prices.

API's latest crude oil inventories dropped 6 million 127 thousand barrels in January 4th, according to the latest data from the American Petroleum Association.

Basic metals are mixed, LME copper fell 0.3%, to 5906 U.S. dollars / ton.

Phase aluminum fell 0.8%, to $1864.50 / ton.

Zinc fell 0.5%, to $2485 / ton.

Lead rose 0.8%, to $1969 / ton.

Nickel rose 0.4%, to $11190 / ton.

During the period, tin gained 1% and reported 19940 US dollars / ton.

According to the latest data provided by Marex Spectron, a British commodity broker, Lun's current clearance ratio reached 28%, the highest level since November 2015.

Lun zinc this week rose nearly 4%, stock level dropped to two months low 109 thousand tons.

European stock markets go higher and higher

European stock markets rose on Tuesday, the European Storck 600 index rose 0.87%, at 345.85 points, the FTSE 100 index rose 0.74%, reported 6861.60 points, the German DAX30 index closed up 0.52%, reported 10803.98 points, the French CAC40 index rose 1.15%, reported 4773.27 points.

The bank and the insurance sector led the rise, and the pressure of the resource plate was down.

Retailers are mixed up. The fourth largest chain store in the UK, WM Morrison, fell 3%, and sales figures for Christmas holidays fell short of expectations.

The French super giant Carrefour rose more than 3%, and Merrill Lynch announced that it would raise its rating to buy.

British Prime Minister Teresa May was attacked again. The British Parliament passed the resolution by 306-296 of the vote. Unless the British government is allowed to get rid of the European Agreement without the agreement, it will not have the right to modify the tax law to maintain a smooth pition of the tax system.

Jeremy Corbyn, the leader of the opposition Labour Party, said that the vote prevented Corbin from breaking the European Agreement.

According to the British Daily Telegraph, many British and European Parliamentarians are considering extending the fiftieth term of the Lisbon treaty to prepare for the extension of the deadline for the euro to be suspended in the absence of the EU agreement.

Barclay, Britain's Stephen Barclay, made it clear on Tuesday that Britain would formally leave Europe in March 29th this year without delay.

Next, the British Parliament will begin a five day "marathon" debate on the euro agreement and hold the final vote next Tuesday (15).

Irish Prime Minister Valade Karl (Leo Varadkar) said that the EU could provide written guarantees before the British Parliament's vote on the Irish border issue related backstop, so as to avoid any confusion in Britain.

According to a report released on Monday by the US Ernst & Young (EY), the bank and other financial companies pferred at least 800 billion pounds (US $1 trillion) of assets, accounting for 10% of the total assets of the British banking industry, because it was at least a "conservative estimate" because some banks had not yet announced the contingency plan.