Weekly

November 14th

Today's amplitude range

Optimizing the epidemic prevention measures in the Mainland and unexpectedly announcing the relaxation of restrictions on Friday, China's economy has returned to normal, which is conducive to the pace of global economic recovery, and it is hard to get a dollar.

Duxiu, the US dollar index fell below 106, and the trend seems to continue downward, which will help boost the price of gold, and the unstable political factors in the US mid-term elections will increase.

The attraction of gold. The strength of the U.S. dollar has come to an end. The price of gold has risen for two weeks in a row, and the sword refers to $1,800. This week, it is expected to remain optimistic, but it has risen.

Urgent, should be adjusted after low suction. The suggested volatility today is $1,758 to $1,774.

Hong Kong stocks opened higher and closed higher last week. Last Monday, the State Administration of Foreign Exchange of China announced the latest statistics. At the end of October, China's foreign exchange reserves increased month by month. SAFE explained,

Although the global financial asset prices fluctuated, the scale of foreign exchange reserves in October was still rising and strong due to comprehensive factors such as exchange rate conversion and asset price changes.

China's long-term economic fundamentals will not change. That is, Hong Kong stocks started to rise, although the new loans in the Mainland had to fail to meet the standard in the week, only reaching the market expectation.

A little over 75% of the time, the Hang Seng Index retreated slightly, but the latest inflation data of the United States was lower than market expectations that night, and the market expected that the Federal Reserve would raise interest rates at a leisurely pace, plus

On Friday, the National Health and Health Commission of the Mainland suddenly announced that it had decided to further optimize the prevention and control measures of the novel coronavirus epidemic and relax the number of days of centralized isolation for immigrants, Hang Seng Index.

Above the weekly low, it rose more than 1,400 points and finally closed at 17,325 points. The Hang Seng Index rose 1,164 points in a week.

The market is concerned about the inflation data released last Thursday, and the newly released figures have dropped, which is lower than market expectations. Investors look forward to the decline of inflation in the United States, and the Federal Reserve may

Will make a policy of slowing down the interest rate increase. After the consumer price in the United States was released, the three major European stock markets developed separately last week, and the new British prime minister, Xin Weicheng, and Xin Caixiang.

Hou Junwei is facing a fiscal black hole, and the new government is saving the nation. The news conference will raise interest rates to make up for it. The FTSE 100 index in the UK fell by 0.23% last week. German DAX index

Up by 5.68%; Paris CAC index rose by 2.78%.

Since the beginning of the interest rate hike cycle in the United States, the market expects that the inflation in the United States will fall. After repeated measurements in the past six months, the results all show that the purchasing power of American residents depends on

However, it is stronger than the experts' estimate; It wasn't until the new inflation data last night that the market really felt the threat of rising interest rates. Federal Reserve official Daley yesterday

Comment on inflation, saying that the inflation report shows that falling prices are good news, but we still need to pay attention to other economic data; And the number of new jobless claims released yesterday once again

Rising, which is also an economic phenomenon that the Federal Reserve is happy to see. Daley said that she supports the Fed to slow down the rate hike, and that it is better to act early than slow.

Dull policy.

The pressure to raise interest rates in the United States dropped, which increased the attractiveness of risky assets. The three major stock indexes on Wall Street soared for two days, and the Dow Jones index rose by 4.15%. And the S&P 500 refers to

The number rose by 5.91%; The Nasdaq Composite Index soared by 8.11%. In the mid-term election of the United States, the media statistics show that the Republican Party will hold the majority of the House of Representatives, which

It will make it more difficult for US President Biden, whose background is Democratic party member, to govern. The political situation in the United States is unstable, the risk of investors' bets increases, and the latest

The inflation data of the United States was unexpectedly lower than the market expectation, and several Fed officials held the pace of raising interest rates. The US dollar index fell below the water level of 106, and the price of gold rose in one fell swoop.

Through the resistance line extended from the peak period, the price of gold rose by more than 90 dollars. The lowest price of gold last week was $1,664.8, the highest rose to $1,772.9, and finally

The market closed at $771.3, rising by $90.4 per week.

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