Global capital market now Obama effect

Beijing time yesterday around noon, the global news agency almost simultaneously broadcast with a message - Obama beat Romney, has been elected the 57th President of the United States. Financial markets, many people believe that Obama won re-election just a week before the hurricane landed in the United States, "Sandy" "The Butterfly Effect". First, never mind whether this association is tricky, the news spread, butterfly wings seem to continue flapping of global stock markets and foreign exchange markets have had an impact on the Obama victory.

"Friends of Gold"

The end of the U.S. presidential election to give gold, silver inject a needle "tonic" as the representative of the precious metals price movements. Obama's successful re-election after the announcement of the results of President of the United States, the precious metals market, the rapid rise, and as of November 7, 2011, the international price of gold rose further expand, or more than 2%, while spot silver rose more than 3.43%.

"Obama's victory means that gold prices will continue to rise, because Obama may continue to maintain a loose monetary policy, this is a key factor supporting higher gold prices in recent years." Analysts pointed out that, due to QE3 policy will continue execution, the market for a corresponding increase in inflation expectations, the dollar is likely to extend the current depreciation of the road, gold and silver will likely end of the recent downward trend, open a new round of upward trend. Previously, the international price of gold once fell to 1670 U.S. dollars / ounce near. Jim Rogers also said, "during Obama's new policy will push up commodity prices and drive down the dollar prices for gold, silver and other precious metals rose, market participants have quipped," gold find new friend, that is Obama. "

Era of the weak dollar to continue

Obama won, the U.S. dollar has plummeted. Noon yesterday, Obama won re-election message spread, the dollar fell across the board against the major currencies of the world, the U.S. Dollar Index intraday diving, fell to an intraday low of 80.27, compared to yesterday, the highest price of 80.72, diving by more than 0.5%. Euro, British pound and commodity risk assets were a rise in the price, section 9 of the 10 days of the RMB exchange rate hit a limit line.

Obama and rival Mitt Romney seem like economic policy, the Obama master Zhang Xiangfu tax and the implementation of the industrialization strategy of the real economy to return to the United States; Romney is considered to be returned to a free economy. Has been institutional analysis that the Obama re-election will be negative for the dollar, Romney wins then the positive stock market.

Fudan University School of Economics Professor Sun Lijian [microblogging] said, Obama wants to solve the problem of security of employment in low-and middle-income, the let loose monetary policy is more long-term, the dollar will face devaluation expectations. However, this also makes the pressure of RMB appreciation. In addition, BOC International analyst Chen Jing said, did not identify the reasons for the continued appreciation of the yuan, even with only short-term arbitrage capital inflows, and does not exist for a long time. With the recovery of the U.S. economy, these funds will once again return to the United States.

Domestic oil prices down window delay

International oil prices, the biggest one-day gain in nearly a month to greet Obama re-election. 6, 2009, as a barometer of New York crude oil futures WTI rose $ 3 to close at $ 88.71 a barrel, or 3.75%. With the U.S. presidential election dust settles, the international oil prices showed a slight rebound in the Asian session yesterday. The number of institutional analysis pointed out that Obama's re-election means that the U.S. quantitative easing measures continued, commodities get a boost. The short-term oil prices are slightly higher trend, but the rate of change of the die hard three to curve only may lead to a decline narrowed.

Therefore, the domestic refined oil price adjustment window may be delayed. Institutions have some the forecast price adjustment window open will be the 12th, and some point to the 13th, and some fell below 15 -4% red line. This means that the price adjustment may be delayed until mid-November. Prior to the institutions determine the fastest price adjustment window will open on November 9.

The A shares Colored shares counteroffensives

Obama re-election or implies that monetary easing continues, the A-share market of non-ferrous metal plate yesterday, becoming the most active segment of the day trading. At the close, the A-share stock index reported closed at 2105.73 points, down 0.27 points, or 0.01%, but the non-ferrous smelting and processing sector rose 1.59% to buck the trend, which Yi balls resources (11.85, -0.05, -0.42%) (601 388) and the Loften shares (11.89, -0.84, -6.60%) (002,379) two related stocks daily limit.

In addition to the A-share industry got a boost, Asia-Pacific's major stock markets also majority ended up, the Korea Composite Index rose 0.49 percent, the the ASX Ordinaries Index rose 0.68%, Taiwan's weighted index rose 0.70 percent, Hong Kong's Hang Seng Index closed up 0.71%.

■ Lace

Aucma (4.68, -0.09, -1.89%) soiled light of Obama?

If the commodity sector under Obama's re-election success of the counteroffensives the stock market is still excusable if Aucma (600,336) at the moment of the A-share market yesterday broke out, say puzzling.

Morning market opened yesterday, the the Aucma stock price has been to follow the broader market tumbled, but in the afternoon, after the re-opening of Aucma uncharacteristically, suddenly pulled straight line, rose by more than 4%, swept away morning dismal, become a no sign of a "dark horse . " Securities market news reporters search yesterday, has not found that the Aucma any public messages can affect the price of financial markets research institutions did not this explanation is given.

In this regard, the anecdotal answer, the U.S. presidential election dust settles, Obama successfully re-elected, Aucma the pronunciation and Obama similar, and therefore particularly favored by hot money. "The more investors joked," Obama brother Aucma is expected to benefit from them, a man is just few kilometers from heaven thing. "At the close the Aucma closed at 4.96 yuan, or 0.40%.

■ view

China was ready to

To meet the "QE4"?

"In QE3 after a, we may will usher in the introduction of QE4. Economics, Fudan University, vice president of Sun Lijian, Obama re-elected President of the United States is twofold: First, monetary easing policies dollar impact on the Chinese economy, strengthening Chinese RMB appreciation expectations; China trade barriers will be upgraded, pressure may be brought to the Chinese export.

Experts on international issues, the University of International Business and Economics Visiting Professor Zhao Qingming [microblogging] an interview with reporters, said Obama and Romney's competition, and not too much mention of the RMB exchange rate issue, but that does not mean he will neglect this problem, the current U.S. employment pressure is still great, the United States may still be pressure on the exchange rate issue, In addition, the trade friction between the two countries in the future may be more, the U.S. government also may be related to the industrial sector collaborate with each other to jointly resist imports, strengthening export in order to achieve their "re-industrialization" strategy and plan to double exports.