Shi Jun: US Dollar High Volatility Commodity Five Days Lian Yin

The US stock market is under pressure again, with the Dow Jones Industrial Average falling 0.36%, closing at 16987.51, the NASDAQ index down 0.53%, closing at 4567.60, and the S & P 500 index down 0.60%, closing at 1985.54.

The recent trend of gold has returned to the characteristics of its commodities. Last week, it followed five consecutive days with commodity currencies, closing at $1231.50 an ounce on Friday, when the weekly drop was close to 400.

S & P has raised Greece's sovereign debt rating from B- to B with a stable outlook.

For the eurozone, Greece is the trigger for the debt crisis in Europe in the past few years. The S & P organization has raised Greece's sovereign debt rating, which shows that Greece is once again triggered.

The possibility is reduced.

at present

The weak economic performance of the region is precisely when the massive easing policy is launched to revive the economy. The increase in Greece's rating represents the European debt crisis will not erupt again for the time being, which is conducive to the recovery process after the euro area.

This week

The focus will be on Scotland's independence referendum and the Fed's interest rate resolution two.

At present, the independence referendum in Scotland, the number of independent camps and the number of independent opponents is almost the same, and there is no obvious dominant side. Therefore, the result of the referendum is still hard to predict. Before the result comes out, the pound will still be under pressure, and it is difficult to rebound substantially.

The Fed's interest rate resolution is the key to the recent trend of the US dollar.

As the Fed has confirmed that it will end QE3 in October, the market expects the Federal Reserve to announce the details of the QE3 operation in the interest rate resolution, and whether the Fed will take short-term measures to offset the impact of ending QE3 after the end of the decision. After the end of QE3, interest rates will begin to increase after a long time. This is the focus of the interest rate resolution.