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Hello everyone, today Avatrade Aihua Foreign Exchange will bring you "[Aihua Foreign Exchange Market Review]: The joint ruling agreement has been signed, and the short-term trend analysis of spot gold, silver, crude oil and foreign exchange on May 5th". Hope it will be helpful to you! The original content is as follows:
Global Market Review
1. European and American market conditions
The three major futures indexes all fell, Dow futures fell 0.65%, S&P 500 futures fell 0.81%, and Nasdaq futures fell 0.91%. Major European stock indexes rose and fell mixed, with the European Stock 50 falling 0.36%, the German DAX30 index rising 0.11%, and the UK stock market was closed due to holidays.
2. Market news interpretation
The joint ruling agreement has been signed. The new government of Germany's "Black and Red Alliance" is about to be established.
On May 5 local time, the German Alliance Party (composed of the CDU and its sister party, the CPPCC) held a press conference with the Social Democratic Party, announcing the formal signing of the joint ruling agreement, marking that the new German government is about to avaforexcn.come to power. Since the representatives of the Alliance Party are black and the representatives of the Social Democratic Party are red, the "Black and Red Alliance" is widely used by the outside world to refer to the ruling alliance that the German Social Democratic Party and the Alliance Party will form. On May 6, the German Bundestag will hold a meeting to elect the new federal prime minister. Coalition leader Mertz needs to receive at least 316 votes in the first round of voting.
Spain will advance plans to shorten weekly working hours
The Spanish government is advancing a plan to reduce weekly working hours to 37.5 hours. Spanish Prime Minister Sanchez spoke at a business event in Barcelona on Monday, saying the cabinetThe plan will be discussed tomorrow and then submitted to Parliament. However, the bill will face a long process of approval in Parliament and is far from certain whether it will be supported by sufficient members of parliament.
After the signing of the Ukrainian-US mineral agreement, the new U.S. diplomat in Ukraine arrived in Ukraine to perform his duties
On May 5 local time, the Ukrainian Embassy in Ukraine reported that Julie Davis, the Ukrainian interim office, arrived in Kiev, the capital of Ukraine. Davis is temporarily responsible for the work of the US Embassy in Ukraine. The notice said that after Ukraine and the United States signed the historic "Ukrainian Reconstruction Investment Fund Establishment Agreement", Davis arrived in Ukraine at a critical moment to continue to implement US President Trump's policy aimed at ending the war and ensuring lasting peace and prosperity in Ukraine.
The proportion of gold in India's foreign exchange reserves has doubled in four years
The above content is about "[Ihua Foreign Exchange Market Review]: The joint ruling agreement has been signed, and the short-term trend analysis of spot gold, silver, crude oil and foreign exchange on May 5" was carefully avaforexcn.compiled and edited by the Avatrade foreign exchange editor. I hope it will be helpful to your trading! Thanks for the support!
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