Weekly

Burst up

2022-11-09

November 9th

Today's amplitude range

The political situation in the United States is unstable, the risk of investors' bets increases, the US dollar index falls below the 110 mark, the gold price rises vigorously, and the momentum is stronger after it rises above the 1700 psychological mark.

Touched the 100-day average of around $1,716 before turning back. The U.S. dollar's turn will benefit the prospects of the gold market. Today's suggested volatility is $1,702 to $1,719.

The epidemic situation in the Mainland continues to heat up, with more than 6,800 new cases of COVID-19 infection yesterday, of which Guangzhou is the most serious, with 2,106 new local cases yesterday alone.

In order to prevent further outbreak of the virus, the local government announced the extension of containment measures. The spread of the epidemic in the mainland is actually conducive to accepting the pattern of virus coexistence in thinking,

However, with the existence of a "basket" of factors, it is hard to predict when the zero-clearing policy will be implemented. Hong Kong stocks rose for two days in a row, and then got angry again, coupled with the mainland epidemic.

Cases rose, the mainland stock market fell, and the Hang Seng Index retreated in the stuffy market, falling 38 points or 0.23% to 16,557 points.

There is a chance that the market disagreement about Brexit will be buried this year, and the relevant consultation meeting that had been stagnant for eight months was restarted last month. The Irish Foreign Minister said yesterday,

I felt the sincerity of reaching an agreement from the London government, saying that I was optimistic about resolving the differences between the two sides with the EU through negotiations before the end of the year. Brexit issue

Dawn, the market reacted positively, all three major European stock markets rose, and the German DAX index rose by 1.16%; Paris CAC index rose by 0.39%; Britain

The FTSE 100 index rose by 0.16%.

The mid-term elections in the United States are going on, and the election results are expected next week. The market is betting that the Republican Party is dominant, and behind the Republican Party is the traditional business giant. Look!

Look at the challenger of the current US President, the former US President Trump, and you can know a thing or two. If he turns over, it will be beneficial to preserve the interests of traditional enterprises. Three major Wall Street stocks

The Dow Jones index rose by 1.02%; While the S&P 500 index rose by 0.58%; The Nasdaq Composite Index rose 0.49%. Mid-term elections in the United States

According to the anecdotal survey, it is very likely that the Republican Party will win the majority of the House of Representatives, and it is very likely that the Republican Party will win the majority of the House of Representatives.

Competition in the Senate is also fierce; If any parliament falls into the hands of the Republican Party, it will increase the number of US President Biden whose background is Democratic party member.

The difficulty of administration. The political situation in the United States is unstable, the risk of investors' bets increases, the US dollar index falls below the 110 mark, and the price of gold rises vigorously. The lowest gold price is 166.

$4.8, the highest rose to $1,717, and finally closed at $1,712.6, up by $37.2.

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