Weekly

Limit amplitude

2022-08-04

August 4th

Today's amplitude range

The situation in the Taiwan Strait is tense, and the market is concerned about whether China will follow Russia's footsteps, from military exercises to military actions, and deploy the People's Liberation Army to attack Taiwan and recover Taiwan Province within a few days.

Geopolitics warmed up, and the price of gold rebounded yesterday. In addition, the market is also waiting for tomorrow's US non-agricultural data, which will limit the fluctuation range of gold price. Today's suggestion wave

From $1,756 to $1,772.

Yesterday, the mainland published the Purchasing Managers Index of Service Industry in July, with a year-on-year growth rate higher than that of the market, reaching 55.5 points, the highest level in nearly 15 months. Hang Seng Index opened 176 higher.

However, the bonds issued by some interior housing enterprises were rated low because of their reputation, and their bond prices exceeded 25%, and a number of interior housing and property management stocks generally fell by 1% to 4%, which was jointly dragged down.

Their main creditors, mainland banks, were also dragged down. The domestic banking sector fell by nearly 0.4% to 1%, which restrained the expansion of Hong Kong stocks. The Hang Seng Index finally closed at 19,767 points.

Up 77 points or 0.4%.

The situation in the Taiwan Strait was once tense, which once affected investors' sentiment, because it was reported earlier in the mainland that the day when the Speaker of the US House of Representatives Pelosi landed in Taipei was the time when the People's Liberation Army attacked Taiwan.

Now, China only waits for Pelosi to leave Taiwan before starting to encircle Taiwan Province Island for three days, which is considered restraint. Sino-US geopolitics eased, the European stock market ended its two-day losing streak, and Germany's DA

X index rose by 1.04%; Paris CAC index rose by 0.97%; Britain's FTSE 100 index rose 0.54%. U.S. House Speaker Nancy Pelosi completes her visit to Taiwan Province

Although it was criticized by the Chinese side at times, it didn't provoke a war. It was considered that the pressure of the United States to solve geopolitics was partly eliminated, and the opening of the US stock market rose, plus the announcement of July yesterday.

The purchasing managers' index of the service industry performed well, and the market had expected to regress. The expected figure was 53.5 points, but the actual figure was better than expected, at 56.7 points, showing that

The economic recession is still strong, with the three major Wall Street indexes rising across the board, with the Jones index rising by 1.28%; The S&P 500 index rose by 1.53%; Nasdaq composite index rose

2.59%。

Pelosi, Speaker of the US House of Representatives, visited Taiwan Province and met with Tsai Ing-Wen, President of Taiwan Province. During this time, Pelosi promised that the United States would stand by Taiwan Province and would not turn its back on Taiwan Province.

Promise. On the other hand, the Chinese side reacted fiercely. The PLA announced a three-day live-fire exercise starting today, involving the surrounding areas of Taiwan Province, through the military performance arrangement published by Xinhua News Agency.

Sea area, and warn all ships and aircraft not to enter the above sea area and airspace, which is equivalent to blocking Taiwan Province for three days. As the tension in the Taiwan Strait rebounded again, the gold price rose to the highest level.

172.8 USD. After the gold price entered the US market, the purchasing managers' index of service industry performed better than expected in July. The gold price once softened, with the lowest price of 1754.4 USD, and finally

$765.4 closed, up $4.50.

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