A Sudden Change In The Situation! Trump, Turn Around! Announced Support For The Two "Big Moves", The U.S. Stock Market All Closed Higher

On Wednesday, us time, all three major U.S. stock indexes closed higher, with the Dow up 1.91%, the S & P 500 index up 1.74%, and the NASDAQ index up 1.88%. U.S. President Trump's recent remarks have affected the nervous tension in the U.S. stock market. Just hours after trump called off negotiations on stimulus package on Tuesday, trump suddenly reversed his stance and urged the White House to cooperate with congressional Democrats on social media to approve some smaller, independent rescue measures, including the rescue of the aviation industry and small businesses, He also supports a new round of $1200 cash checks to taxpayers. Driven by the good news, aviation stocks severely affected by the epidemic situation generally closed up on Wednesday, with JetBlue, United Airlines and Boeing rising by 3% to 7%. Analysts interviewed by Reuters believe that the change of Trump's attitude has brought a driving force for the stock market to rise. Now the market generally expects that, regardless of the form and scale, people will probably see some stimulus measures.

There are differences within the Federal Reserve over the implementation of the policy framework, and some officials have proposed to evaluate the bond purchase plan

On Wednesday, the Federal Reserve released minutes of its September meeting, which showed that Fed officials were divided on whether to provide clearer forward-looking guidance on interest rates and inflation, and some officials believed that strengthening the forward-looking guidance might limit policy flexibility. In addition, some officials pointed out that the bond purchase plan needs to be further evaluated at future meetings, which shows that the Fed is open to adjusting the scale of asset purchases.

UK threatens to withdraw from UK EU trade talks

Three major European stock markets were mixed on Wednesday, with London and Paris down 0.06% and 0.27% respectively, while Frankfurt was up 0.17%. Eurostok The 600 index fell slightly by 0.1% on Wednesday, ending four consecutive days of gains. It was reported that if an agreement could not be reached by October 15, Britain would withdraw from trade negotiations with the European Union, which put pressure on European stock markets. However, the good quarterly results of some European companies and the rating recommendations of investment agencies helped to slow down the decline of European stocks.

US oil inventories rose last week, pushing crude oil prices down slightly in gold futures

Crude oil prices fell more than 1.5% on Wednesday, with U.S. WTI light crude oil futures at $39.95 and Brent crude oil futures at $41.99. U.S. crude oil inventories rose 510000 barrels last week, higher than the 294000 barrels forecast in a Reuters survey. In addition, hurricane delta threatens US oil production in the Gulf of Mexico, as well as the impact of Norway's oil workers strike on crude oil supply side. Gold prices fell on Wednesday, with gold futures for December delivery down nearly 1% to close at $1890.80 an ounce. Analysts said that gold prices tend to stabilize and Trump's change of attitude towards stimulus measures will help gold prices continue to rise.