Weekly

November 21st

Today's amplitude range

Last week, the mainland relaxed the quarantine measures for the epidemic situation, but the epidemic situation has repeatedly increased, and the sound of closing districts and cities has revived, hindering the pace of normalization. Face-to-face talks between China and the United States,

Both sides have their own calculations, but they fight without breaking, because both of them have flaws in their prospects. If China wants to go back to the road of growth, besides domestic demand, foreign trade should avoid being marginalized.

However, the political situation in the United States is unstable, the economic data are uneven, and rising interest rates have the opportunity to make stagflation. Although hawkish officials of the Federal Reserve will raise interest rates by 75 points next month, but

Expectations are only scared, but they may not come true. This week, we announced the contents of last month's meeting on interest rates, and we can see the clue. On the contrary, the European Central Bank may be more aggressive and have a steeper rate hike.

The gold market rose more than $120 for two weeks in a row, and retreated $20 last week. The upward view of the gold price has not changed, and it is a buying opportunity after adjustment. Today's suggested volatility is 1745.

To $1,760.

The mainland relaxed its quarantine measures last week, but the epidemic situation has been on the rise recently. The National Health and Health Commission stressed that it was announced last week to optimize the prevention and control of epidemic situation in novel coronavirus.

The measure is not to lie flat, nor to seek coexistence with the virus! However, the zeroing measures have to pay a price, and the price is high, so in the end, it's still a matter of saying "no".

But the body is honest, and optimization is another way of saying compromise. The People's Bank of China and China Banking and Insurance Regulatory Commission jointly issued a notice to support the stability of the real estate market, asking for money.

Enterprises should treat all kinds of real estate enterprises, such as state-owned and private enterprises, equally, and banks should provide special loans to support the property market in line with the policy of "guaranteeing property delivery". And match

The China Development and Reform Commission announced that last week, the official media also reported that China government advisers suggested raising the mainland's economic growth target to 5.5% next year. The news will help boost the market.

Confidence, helping to boost the economy. Benefiting from the relaxation of epidemic isolation measures in the Mainland, Hong Kong stocks opened higher last Monday, but the trend of interest rate hike in the United States is now eagle, failing to stabilize 1800.

At 0 o'clock, the Hang Seng Index closed at 17,993 points, up 660 points or 3.1% in a week.

Last week, the euro zone announced that the gross domestic product of the third quarter was as expected, and the economic prosperity index of the region has improved. In addition, the new British finance minister Hou Junwei announced the withdrawal.

Abolishing all the tax reduction measures that ousted the former finance minister earlier, and explaining the recent tax arrangements alone, will bring in an additional revenue of 32 billion pounds a year, and the government will also

Spending needs to be cut to fill the gap in public finance. Europe's economy is turning for the better. The three major European stock markets all rose last week, and the German DAX index rose by 1.46%. France

Paris CAC index rose by 0.74%, and UK FTSE 100 index rose by 0.92%. The results of the mid-term elections in the United States are revealed. As the media statistics show, the Republican Party has won more than the House of Representatives.

The number of seats, while the Democratic Party of the United States temporarily beat the Republican Party by a single vote, and gained an advantage in the Senate election, even if the Democratic Party of Georgia could not get by.

Half of them need to be re-elected in December, but at the critical moment, US Vice President Kamala D. Harris holds two trump cards of voting rights, stabilizing the control of the Senate and avoiding it.

President Biden's government of the United States has become a lame duck, but it still makes it more difficult for the current administration.

Investors are disgusted with instability, and the retail sales of department stores in the United States are now retrogressive. The performance of U.S. stocks all fell last week, and the Dow Jones index fell by 0.01%. And the Standard & Poor's 500 Index

0.69% down; The Nasdaq Composite Index fell by 1.57%. Last week's inflation data in the United States were repeated, but the labor market was still booming, which was not conducive to the Federal Reserve's performance next month.

On Friday, Collins, the president of Boston Bank of the Federal Reserve, said more directly that she didn't see the obvious evidence that inflation was declining, but instead increased the profit that she thought needed to be raised.

Up to the upper limit, raising interest rate by 75 basis points is still under discussion. Her speech broke the market's expectation that the US Federal Reserve will raise interest rates by 50 points next month, and the dollar

The index is approaching 107 points. After the gold market rose for two weeks in a row, the gold price shook last week, with the highest price rising to $1,786.59, the lowest price reaching $1,747.6, and finally reaching $1,750.9.

Yuan closed. In a week, the price of gold fell by $20.4.

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