The number of initial claims for unemployment benefits in the United States increased by 742000 last week, with market expectations of 700000. During the period, the number of continuous applicants decreased by 429000 to 6.372 million, also lower than the expected 6.4 million. In addition, the US Senate has agreed to restart negotiations on a new rescue plan, but there are differences between the two parties on the scale of the plan. The market is watching to see if the two parties can reach a consensus, and the plan will be launched before January next year.

The US Foreign Exchange Index has repeatedly fallen in the short term, with initial support at 92.10 and next support at 91.75; The initial resistance is at 92.70, and the next resistance is at 93.20. Looking forward to the launch of a new vaccine, the market's demand for risk aversion will decline, and it is estimated that 

According to Australian statistics, the local unemployment rate continued to rise to 7.0% in October, which is better than the market expectation of 7.1%. During the period, the employed population unexpectedly increased by 178800, with the market originally expecting a decrease of 27500. Among them, part-time employment increased by 81800, while full-time employment increased significantly to 97000, mainly benefiting from the relaxation of strict lockdown measures by the local government. Due to the continuous expansion policies of the Australian government and central bank, it is expected to support the stabilization of the Australian economy.

The initial support for the Australian dollar is at 0.7220, and the next support is at 0.6990; The initial resistance is at 0.7340, and the next resistance is at 0.7420. In terms of technical trends, the Australian dollar as a whole consolidated and traded horizontally from 0.70 to 0.74. It is recommended that investors buy low and sell high in the range, and in the short term, they can buy the Australian dollar at 0.7250, with a target of 0.7350 and a stop loss of 0.72.

Due to the rebound of the epidemic and concerns about a decrease in oil demand in the market, oil prices fell on Thursday, with oil futures closing 0.14 US dollars lower at 44.20 yuan per barrel; Meanwhile, Meiyou Futures fell 0.08 yuan to 41.74 yuan. Earlier news suggested that the UAE questioned the benefits of staying at OPEC and even considered whether to withdraw. However, UAE Energy Minister Mazruyi stated that the UAE has always been a staunch member of the oil group and has demonstrated compliance with the production reduction agreement.

The initial support for gold prices is at $1850, and the next support is at $1820. As the COVID-19 vaccine is expected to be launched, the economy is expected to restart. The market expects that the demand of the government and the central bank for continuous expansion policies will decline, reducing the function of gold to hedge against currency depreciation, which is expected to weaken the gold price. Suggest investors to sell gold at $1865, with a target of $1850 and a stop loss of $1870.