Weekly

Last night, the United States announced the changes in the number of non-agricultural employment. The market expects to increase 950,000 jobs, and the actual number is an increase of 428,000. The data is worse than expected, indicating that the US economy is still dragged down by new coronary diseases.

Recovery is slow. However, the market hopes that the loose monetary policy of the Federal Reserve will continue, and the US stock market will continue to rise. The Dow Jones index will return to the level above 29,000, up 454 points and closing at 29,100 points.

The S&P index also reached a new high, rising 54 points and closing at 3580 points, while the bullish Nasdaq index broke the peak again and broke through the 12000 mark for the first time, rising 116 points and closing at 12056 points.

The stock market is booming, investors are more willing to pursue investment products with high risk bias, and the safe-haven function of gold has slightly retreated. In addition, the US dollar index has strengthened, rising from the low level of 92.1 to the highest level of 92.9, and the gold price fluctuated sharply yesterday.

The highest value is $1,973 per ounce, and the lowest value is $1,932 per ounce. Although it rebounded by the "small non-agricultural data", it finally closed at $1,943 per ounce, down by $27.

The cumulative number of infected people in novel coronavirus is close to 26.13 million, and the number of confirmed deaths has increased by more than 860,000. In the United States, about 36,000 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 6.29 million, continuing to be the country with the most infected cases in the world.

Geopolitical tensions remain. When visiting Europe, Chinese Foreign Minister Wang Yi did not forget to criticize Czech Senate President Vystrcil's performance in visiting Taiwan, saying that visiting Taiwan has violated the "One China" principle.

All countries that challenge China's sovereignty and integrity are enemies of the 1.4 billion Chinese people, and they want him to pay the price for his actions. A stone set off a thousand waves, and the five EU countries visited by Wang Yi, including Italy and Germany, all said they did not accept Wang Yi's threatening remarks.

Italy is the only country in Europe that has signed a the belt and road initiative with China, and Germany has long-term economic interests with China. Wang Yi's statement this time is obviously self-defeating and undermines the purpose of this trip.

On the other hand, the Sino-Indian border area is once again in dispute, and the conflict between the two countries with the largest population in the world is ostensibly a boundary dispute, but in essence it is related to economic interests. China is a world factory, cheap and good, accounting for a considerable proportion of global supply;

India is also known as the office building in the world. Because of its English environment and technical talents, it provides back-office services for many multinational enterprises. Whose cheese will be stolen in the end? At this stage, the result is unknown.

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