Overview of MeipanOPECAlthough the meeting was fruitless, large inventory dampened oil prices and fueled US stocks

Oil prices have regained their earlier decline, while US stocks have slightly risen.goldSlight decline, basically flat.


US stock market closed slightly higher on Thursday, with S&P500Index rise0.28%Standing2100Dianchuang7Month high, Nasdaq closed higher0.39%Rising for the seventh consecutive trading day. On the market, almost all sectors rose, led by the biotechnology and consumer goods sectors.


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S&P500Index closing up5.93Point increase0.28%Report2105.26Point, create last year11The highest closing level since the beginning of the month;


The Dow Jones Industrial Average closed higher48.89Point increase0.27%Report17838.56Point;


The Nasdaq Composite Index closed higher19.11Point increase0.39%Report4971.36Points.[/blockquote]




The European Central Bank held its benchmark interest rate unchanged on Thursday, in line with market expectations. But ECB President Mario-Draghi（Mario Draghi）The European Central Bank is prepared to use all tools within its authorized scope to ensure that low inflation conditions do not become a "persistent disease".


Dallas Fed Chairman Kaplan reiterated his view on Thursday that the Fed should quickly raise interest rates because the economy is very close to full employment and inflation is starting to rise. Kaplan did not have voting rights in this year's Federal Reserve Policy Committee.Foreign exchange gold


The report released on Thursday shows that the United States5Monthly increase in private sector employment17.3Ten thousand, slightly better than acceptanceMarketWatchEconomists surveyed average expected16.5Ten thousand.4monthADPThe increase in employment has been reduced from the previous15.6Wanshang Xiuzhi16.6Ten thousand.


Oil MarketOPECAfter the meeting ended fruitlessly,EIAcrude oilThe positive news of inventory decline helped push oil prices to rebound from low levels, ultimately recovering the decline and recording an increase.


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WTI 7Monthly crude oilfuturesIncome increase0.16USD, increase0.3%Reported per barrel49.17The US dollar ended its previous four consecutive days of decline;


Brent8Monthly crude oil futures report per barrel50.04USD, creating2015year11The highest closing level since the beginning of the month.[/blockquote]




Earlier Thursday, the Organization of the Petroleum Exporting Countries（OPEC）The meeting held in Vienna did not change its crude oil production policy, meaning that member countries were unable to reach an agreement on new production targets. After the final outcome of the meeting was announced, American Oil plummeted2%。


Afterwards, the US Energy Information Administration（EIA）According to the published crude oil inventory data,5month27Current week in the United StatesEIAReduction in crude oil inventory136.6Ten thousand barrels, the second consecutive19Weekly decline, with gasoline inventory, refined oil warehouse inventory, and crude oil inventory in the Kuxin region all showing a decrease. After the data was released, the oil price changed from a decline to an increase, and the US oil company returned to49Above the US dollar, oil spreads towards50The US dollar barrier.


【 Gold Market 】 Affected by various factors such as the expected increase in interest rates by the Federal Reserve, the Greek agreement, and the rise of US stocks, gold prices have continued to decline in the past two weeks, with a cumulative decline last week3.1%The largest weekly decline in six months.


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COMEX 6Monthly gold futures closed lower2.10USD, decline0.2%Reported per ounce1209.80USD, creating2month16The market has closed at a new low since the beginning of the day.[/blockquote]




Due to supply concerns, copper futures traded in London have continued to decline and closed lower on Thursday0.2%Reported per ton4608USD.
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