Weekly

The US State Department announced in the early hours of this morning that since President Trump signed the Hong Kong Autonomy Law and an executive order last week, from the moment of announcement,

Hong Kong will no longer enjoy the special status treatment provided by the United States, including entry visas and tax treatment, and the United States will stop exporting sensitive technologies to Hong Kong.

The Hong Kong Autonomy Law is the responsibility of the United States to investigate Beijing for forcing Hong Kong to implement the National Security Law of the Port Area. Since Hong Kong returned to China in 1997, Hong Kong has been the external window of China and the world.

Whether in financing or importing science and technology, it has played a positive role in the country, and many Hong Kong people have been proud of it! Now the motherland is rich and strong, and its strength is enough to compete with the world powers.

Hong Kong, a small island that once created many economic miracles, has to retire. The competition between China and the United States has been in vain and intensified.

After the United States ordered China to close the Chinese embassy in Houston within 72 hours the day before yesterday, the United States considered closing more Chinese embassies in various parts of the United States.

Because the other side secretly collects the data of American nationals and steals American high-tech data, China criticizes the US behavior as political provocation, and accuses the US of demolishing the friendship bridge between the two sides.

The new Cold War has taken shape, but will the Taiwan issue turn into a military issue? Issues are debatable! In fact, at the beginning of this month, the Chinese People's Liberation Army conducted naval gun shooting training in the Xisha Islands.

The United States also sent two aircraft carriers to conduct military exercises with the South China Sea in the Philippine Sea, which may become more common in the future. Just yesterday, Australia, one of America's allies, also sent an aircraft carrier to cruise in the South China Sea.

The United States is also uncomfortable. Nowadays, the United States is facing the impact of new viruses. The number of infections in the United States keeps rising. The cumulative number of confirmed cases has exceeded 4 million yesterday, which has severely hit the local economy and employment.

Last night, the United States announced that the number of people applying for unemployment benefits for the first time last week was 1.416 million, which was worse than the expected 1.3 million. It was the first time in three consecutive weeks that it recorded an increase, indicating that the epidemic caused the economic recession.

U. S. Treasury Secretary Mchin plans to pay another $1,200 cheque to Americans who have paid taxes in the United States as early as August, which does not rule out that salaries tax will be lowered. Crude oil prices fell yesterday, and too many bad news dragged down oil prices.

Including unsatisfactory employment data, serious epidemic spread, large increase in US crude oil inventories and geopolitical tensions, new york oil futures closed at US$ 41.1 per barrel, down 2%. With the same factors, the performance of gold price and oil price is quite different.

Gold once again broke this year's new high by inertia yesterday, reaching the highest level of $1,890 and closing at $1,887 per ounce. As long as the price of gold does not fall below $1810 today, it will rise for seven consecutive weeks.

It may also be another record of the top one or two gold prices in history.

For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator
https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg