Weekly

U.S. stocks pointed to a record high last week, breaking the 10,000 mark for the first time.  However, the Dow Jones Industrial Average is only 8 short of its pre-crash high. In order to solve the market failure and credit freeze,

The U.S. Federal Reserve not only provides liquidity to high-quality enterprises, but also benefits the junk bond market. Under the effect of increased liquidity, the stock market has outperformed the real economic growth rate at an extremely fast speed.

The U.S. Federal Reserve announced last Wednesday that the interest rate will remain at 0-0.25% and will remain at the current level until the economy passes the test of recent events and is expected to remain at the current level until the end of 2022.

However, after the meeting, US Federal Reserve Chairman Powell delivered a speech which looked at the weak prospects of the US economy.  The U.S. stock market fell on Thursday, with the Dow Jones index plunging more than 700 points when it opened, dropping 1907 points at most.

The decline had rebounded more than 75% to 25,600.  U.S. President Trump said last week that in response to China's push for the Hong Kong version of the National Security Law, he had indicated that he would begin to terminate the procedures for the U.S. government to maintain a special relationship with Hong Kong.

U.S. Treasury Secretary Noumqin added last Thursday that the U.S. may restrict the flow of U.S. dollars through Hong Kong, which is undoubtedly blocking China's fund-raising function in Hong Kong and hitting the nail on the head.

It is said that the top officials in charge of foreign affairs of the two countries are preparing to meet in Hawaii. The United States is headed by Secretary of State Peng and China is sending Yang Jiechi, director of the Office of the Central Foreign Affairs Committee.

Although the relevant arrangements and the contents of the meeting have not yet been determined, and the United States and China have witnessed new outbreaks respectively, the attitudes of the two countries are especially important to the economic performance of the world.  I hope the two countries can let go of their prejudices and work together to tide over the difficulties.

In addition to the difficult treatment of Sino-US relations, the political situation has turned dark again. Relations on the Korean Peninsula have recently become more tense. North Korea announced earlier that defectors should spread anti-North Korea leaflets on the border and change their work against South Korea to work against the enemy.

And ordered the complete closure of all communication channels between the two Koreas.  Yesterday morning, Jin Yuzheng, younger sister of North Korean leader Kim Jong Un and first deputy minister of the Central Committee of the Labor Party, said that it was time for North Korea and South Korea to make a clean break.

North Korea is about to take the next step.  Suggest that they will use force to achieve their goals.  North Korea is a small economy, but it plays an important role on the world stage. Its big-flowered role is flawless and interspersed between China and the United States.

A lot of little tricks, beg for cheap.  However, if this bad child has a mishap, it can lead to disaster in the world, which is inevitable.  Gold prices rose last week as the U.S. stock market opened sharply, reaching a peak of 1,744 U.S. dollars per ounce.

At last, it closed at $1730 per ounce on Friday, a rise after a three-week decline and a recovery from last week's losses.  After six weeks of continuous oil increases in the new york period, the cable was finally broken.

In the past Tuesday, it was as high as $40.40 per barrel, but due to the news of the increase in crude oil stocks and the sharp drop in the global stock market due to worries about the economic prospect, it closed as low as $36.50 on Friday, down 6.7 in a week.
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