Weekly

December 28th

Today's range

U.S. home prices fell for a fourth straight month in October as the wealth effect from rising housing assets cooled, helping to keep a lid on rising prices and easing the Federal Reserve

Pressure to raise interest rates, gold yesterday hit a six-month high, gold broke $1,830, failed to stabilize and retreated to close below 1,810, for the time being

Not out of the restricted area if the $1780 to $1820 area, expected before the end of the year, also the same, see high can empty. Today's recommended range is $1802 to 18

Eighteen dollars.

China has announced to the world that it has downgraded the novel coronavirus to Category B and will completely lift restrictions on COVID-19 on January 8 next year. Passengers will only need to possess the virus for 48 hours before entering the country

The mainland A-share market rose more than 1% after A valid nucleic acid test proved that visitors could enter the community normally. This was a disguised "0+0" measure for inbound passengers.

Today, the Hong Kong chief returns from vacation, the market can be raised. The hope is that China will fully lift its coronavirus quarantine policy, accelerate its economic recovery and free up global supply chains

On top of investors betting on the traditional Christmas rally, European stocks rose after European Central Bank Vice President Jose Manuel Guindos sounded a bearish note on the euro zone's economic outlook.

He said Europe was facing a very difficult economic situation that would test both individuals and businesses, paring gains. Germany's DAX ended up 0.39 percent;

France's CAC index in Paris rose 0.71 percent, while British markets were closed for a holiday.

Markets are digesting the impact of China's lifting of coronavirus restrictions, U.S. bond prices have fallen, forcing up bond yields and pressuring heavily leveraged technology stocks

Tesla shares plunged more than 10% on news of a factory shutdown in China, dragging the tech-heavy Nasdaq Composite Index down 1.38%. standard

The S&P 500 also fell 0.38 percent; In contrast, traditional companies in the old economy sector benefited from the news of China's recovery, with the Dow Jones Industrial Average rising 0.11 percent. Because the Fed opened

U.S. home prices fell for a fourth straight month in October as housing assets rose, a report showed yesterday, adding to the rate-hike cycle and worries about the economy

The cooling wealth effect has helped keep a lid on rising prices, reducing pressure on the Fed to raise interest rates. Gold hit a six-month high yesterday, reaching as high as 1,833.4

Gold fell as low as $1,798.4 and closed at $1,813.9, up $15.5.

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