EUR/USD
1.15243
0.278%
Gold
4013.16
0.857%
Oil
59.812
0.538%
USD/JPY
153.612
-0.324%
GBP/USD
1.30760
0.188%
GBP/JPY
200.870
-0.124%
Real-time News
On November 6th, the Bank of England kept interest rates at 4%, but the voting results showed significant differences of opinion, paving the way for a rate cut in December. Five members of the Monetary Policy Committee voted to keep policy unchanged, with Governor Andrew Bailey playing a key role, while four members advocated for a 25 basis point cut to 3.75%. The Bank of England stated that the 3.8% inflation rate in September "may have peaked." The meeting minutes showed that Bailey was the most dovish among those who supported keeping rates unchanged, favoring a rate cut and believing that inflation risks "have recently become more balanced." In a written statement, Bailey said, "We still believe that interest rates will gradually decline, but before another rate cut, we need to confirm that inflation is moving toward the 2% target." The bank revised its wording in its guidance, changing the interest rate-related statements to "likely to continue along a gradual downward path," removing the word "careful."XPeng Motors has released the pre-sale prices for the XPeng X9 Super Range Extender. The Max version is priced at 350,000 yuan, and the Ultra version is priced at 370,000 yuan. It will be officially launched this month.1. If futures trading is gambling, then stocks are gambling, buying a house is gambling—many investments are gambling because, in the gamblers view, its just changing the game from betting on high or low to betting on price fluctuations; its the same thing in a different guise. Every crisis is an opportunity; enduring the darkness before dawn is the light—thats the reason to persevere. 2. Technical analysis is far less important than capital management and risk control. Technical analysis can give me clear and definite conclusions, but fundamental analysis cannot. Its not that fundamental analysis is bad, but rather that I lack the ability and resources to conduct thorough fundamental analysis. 3. I generally dont participate in trading newly listed commodities because theres no historical data to refer to. Many people lose not because they lost to other traders, but because they were swallowed up by transaction costs. Losses are the best teachers; it was losses that made me realize the importance of risk control. With excellent capital management and risk control, even entering the market by flipping a coin can lead to consistent profits. 4. Stable compound interest is the inevitable choice. Investors new to the futures market, without familiarity with the market and understanding of themselves, should not be blindly confident; the primary task is to control risk. 5. Financial trading is essentially an industry of interpersonal competition. With sufficient effort and overcoming human flaws, the future becomes increasingly clear and reliable. Choosing the right industry is often more important than hard work. Everyone should choose an industry that suits them and persevere to excel in that field. Financial trading is my career choice, and I will not change it in the future.Surveys show that OPECs oil production rose last month as the restart continues.Vast Data, a company invested in by Nvidia (NVDA.O), has signed a $1.17 billion artificial intelligence collaboration agreement with CoreWeave.
