Weekly

Sino-US Financial War Escalates Again!  Following the recent news that the Nasdaq Stock Exchange raised the threshold for initial public offerings (IPO), the US Senate passed the Foreign Company Accountability Act unanimously.

That is, foreign companies listed in the U.S. must comply with U.S. auditing and regulatory standards, and the company must prove that it is not owned or controlled by foreign governments;  Otherwise, the bill will prohibit the relevant shares from listing on the U.S. stock exchange.

Although the bill applies to all foreign companies, it is an "iron fact" that the United States suppressed China!  Only when the bill is passed by the House of Representatives and submitted to President Trump for signature can it take effect.

The Dow Jones Industrial Average fell 101 points as tensions between the United States and China rose.

The United States has again seen a large number of people applying for unemployment benefits for the first time. According to data released last night by the U.S. Department of Labor, the number of people applying for unemployment benefits in the United States increased by 2.438 million in the past week.

The 2.4 million people higher than the market estimate put the number of people applying for unemployment benefits at over 30 million in the past six weeks.  However, as US Treasury Secretary Manuel Mü nchen had already made a bad speech and the data had fallen for seven consecutive weeks,

Before the market is optimistic about the job market due to the deregulation.  Huang lost 1748 positions in the gold market yesterday, moving from wave to wave, and broke 1720 after the first announcement of the data, not excluding the opportunity to touch 1715.

New york crude oil futures contract rose another 51%, the reason has been written many times;  Global demand for crude oil slowly increases after unsealing.  Investors should note that Federal Reserve Chairman Powell will make another speech this afternoon.

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