Weekly

The problem in the border area between China and India has worsened again. The Indian side said that it was ready to respond with military force. It was unexpected that the two sides actually fired a gun in the confrontation yesterday. It is reported that soldiers of the two countries clashed while patrolling the border.

Some Chinese soldiers first opened fire on Indian positions, which immediately triggered a counterattack. For the time being, I wonder if there were any casualties on both sides. I hope the situation will not deteriorate again.

During the Labor Day holiday in the United States yesterday, US President Trump once again proposed decoupling from China's economy, saying that decoupling is an "interesting" word. If China and the United States really stop doing business,

Beauty and beauty will not suffer. He said: "At present, the United States has lost billions of dollars, but if we don't do business with China, we won't lose billions of dollars. "although he did not indicate the reason for the loss,

However, he added: "This is the concept of decoupling. We should first consider the US job market and bring back the investment in China. The United States will not only become the superpower of global manufacturing, but also create the fastest recovery in history. 」

In his speech, Trump especially praised the progress of the labor market recovery, boasting that from the first day he took office, his government took actions to create an environment for economic growth, employment and prosperity.

According to the employment data released by the United States last week, the number of people applying for unemployment benefits for the first time was 881,000, the lowest since March, while the number of non-agricultural employment in the United States increased by 1.37 million, although it was slightly worse than the expected 1.4 million.

However, the unemployment rate in the United States also dropped to 8.4%, which was better than the expected 9.8%. However, some experts questioned the water in the non-agricultural belt, because the US government temporarily employed 238,000 people in response to the 2020 census.

In addition, United Airlines announced last Wednesday that it will let more than 16,000 employees take temporary leave from October 1, and Ford Motor Company also announced that it will lay off tens of thousands of people. Investors consider the improvement of employment situation,

Imagine that the US Federal Reserve may not increase its monetary easing policy, and the US dollar index strengthened yesterday. Gold price fluctuated within a narrow range and closed at $1928 per ounce, down $6. The highest is $1941 per ounce, the lowest is $1925 per ounce, and the volatility is $16.

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