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The Death Of Laden Shocked The Global Financial Market &Nbsp; The Outlook For The Dollar Is Still Worrying.

2011/5/3 13:18:00 56

Laden'S Death Shocks Financial Markets

US President Obama announced 1 days that the leader of "base" organization Ben Laden had been killed.

Affected by this, Asian stock markets generally rose, gold prices in Asian trading hours (1550.50, -6.60, -0.42%) crude oil (113.04, -0.48, -0.42%) prices fell, the dollar rebounded all over.

However, in the US trading session, the US dollar index turned downward.

Gold price

Oil prices rose.

Market participants believe that

Laden

The news of being killed is not likely to have a lasting impact on the market.

dollar

The downlink alarm has not yet been lifted.


Japanese stocks recover 10000 points


Yesterday's Asian Pacific stock market rose largely, and the MSCI Asia Pacific Index rose 0.7% after Laden's news of death was boosted by confidence in the market.

Among them, the company's first quarter earnings performance and other good news boosted, the Japanese stock market Nikkei 225 index opened sharply in the morning, and once approached 10000 points, then the Nikkei stock index continued to rise to more than 10000 points.

At the close of the day, the Nikkei 225 index broke through the 10000 point mark for the first time since the March 11th earthquake and reported 10004.2 points.


The Korean stock market composite index rose 1.67%, closing at 2228.96 points.

The Australian stock market is also turning upwards.

European stock markets opened slightly yesterday, while Germany's two major French stock indexes rose by more than 0.3%.


Some analysts say that the overall risk reduction of US national security risks will be reversed, and the stock market is expected to benefit from it in the short term.

However, the optimism brought by Laden's death will not last.

Analysis by the US media also pointed out that the death of Laden will only cause short-term psychological stimulation to Wall Street.


Unlike the stock market reaction, international oil prices fell sharply during the Asian trading session yesterday, and then fell below $112 a barrel, followed by a rebound.

Spot silver prices plunged 12% in just 11 minutes, while international gold prices also fell slightly.

However, market participants expect that the drop in oil prices may be limited. Laden's death may aggravate tensions in Central Asia, and the oil supply problem still exists.


The outlook for the dollar remains worrying.


After the announcement of Laden's death, the US dollar rose rapidly, and the US dollar index rose to 73.20 above the three year low of 72.81 in the Asian trading session yesterday. However, in the European trading session, the US dollar failed to rise further, and the US dollar index fell again to the 73 pass.


In the past April, the US dollar index fell by nearly 4%.

Some analysts pointed out that the death of Laden made the market expect the United States to reduce the war deficit, which is self-evident in the current US budget and the debt deficit crisis intensified.

However, the Fed's policy stance will continue to drag down the US dollar trend. In the medium to long term, the US dollar's downlink alarm has not yet been lifted, and the US dollar index down to 70 is unlikely to change.

Citibank also pointed out that the death of Laden could not affect the trend of US dollar in the future.


This week, the US will publish non farm employment data.

Since last week's resolution by the Fed and chairman Bernanke, the market has shifted its focus to the US job market.

Market participants expect that if the non-agricultural employment figures are good, the dollar may rebound in a wave of retaliation, but the non-agricultural employment data can hardly become a "life-saving straw" for the US dollar to rebound sharply.


 
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