Weekly

Uncertainty

2020-09-22

The cumulative number of infected people in novel coronavirus in the world has exceeded 30 million. As of this morning, there are nearly 31,470 people in the world, and the number of confirmed deaths exceeds 960,000. In the United States, about 33,000 people were diagnosed with new pneumonia yesterday.

More than 7 million cases of cumulative infections went to 7.043 million cases, continuing to be the country with the most infections in the world, while the epidemic situation in India continued to deteriorate. There were 75,000 new cases yesterday and more than 5.56 million cumulative infections;

In Britain, the spread rate of new pneumonia is also accelerating. Based on the current situation, it is estimated that the number of infected cases will reach 50,000 every day in October. This situation is worrying, and the British government has to implement more rigorous social measures again.

The World Health Organization said that the spread rate of the virus in Europe is worrying, and that the epidemic situation in Europe is very serious. It called on European countries to work together to implement measures to limit the concentration and to cope with it with a scientific attitude. Bill Gates, founder of Microsoft, said that under the best circumstances,

He predicted that the epidemic will not end until 2022. Federal Reserve Chairman Powell began to attend the congressional hearing yesterday. He said yesterday that the US economy is improving, and the improvement can be shown from a number of data.

However, there is still a long way to go to get out of the economic trough caused by the new crown epidemic, and the road ahead is still full of uncertainties. However, he reiterated that the Federal Reserve will support the economic recovery at any cost.


The US stock market fell across the board yesterday. Affected by the worsening of the COVID-19 epidemic and the news that many international banks were suspected of money laundering, the new york stock market fell immediately after opening, and the decline gradually expanded. The Dow Jones index fell by about 1,000 points and fell below the level of 27,000 points.

Closing at 27,147 points, a decrease of 509 points or 1.8%; The S&P index plunged nearly 100 points and closed at 3281 points, down 38 points or 1.2%; Nasdaq index once fell 270 points, closing down to about 0.1%, down 14 points to close at 10778 points.

The price of gold was greatly adjusted yesterday. Affected by the decline of Euro and British Pound, the US dollar index performed strongly, with the highest value reaching 93.8. In addition, the US stock market opened sharply. Driven by panic, investors demanded money instead of goods, even stocks or gold.

Under people's trampling, the lowest price of gold has reached $1,882 per ounce, setting a new low this month. Compared with yesterday's high of $1,954 per ounce, it dropped sharply by $72, and finally closed at $1,912 per ounce, down by $32.


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