Weekly

The World Health Organization said that the spread rate of the virus in Europe was worrying, considered the epidemic situation in Europe very serious, and called on European countries to work together to implement measures to limit the concentration. More than 6,000 new people were diagnosed with new pneumonia in Britain yesterday.

It has reached a new high since May, and the cumulative number of infected people is close to 410 million. The British government announced new epidemic prevention measures, limiting the number of people to a maximum of six, but bars and restaurants can only be open until 10 pm; The relevant measures may be maintained for half a year.

The new pneumonia epidemic in France has further spread. The French government announced a new round of epidemic prevention measures, ordering restaurants and bars in Marseille, the second largest city in France, to be completely closed on Saturday, and Paris and other cities to limit the number of people attending the party.

France added more than 13,000 confirmed cases yesterday, with a cumulative breakthrough of 480,000 infection cases.

The purchasing managers' indices of EU and UK released yesterday were lower than market expectations. The data showed that the economies of the Eurozone and UK stopped growing in September, and the epidemic situation warmed up, which made the market worry that the new restrictions would endanger the economic recovery again.

The pound and euro weakened. Earlier, Chicago Fed President Evans hinted that the Fed might raise the benchmark interest rate ahead of schedule. The remarks triggered a wave of rise in the US dollar, although he made a speech twice yesterday, saying that the media misunderstood his words.

The vice chairman of the Federal Reserve, Clarida, also helped voice yesterday, reiterating that even if the inflation rate reaches the target of 2%, the Federal Reserve will not raise interest rates automatically. However, the market still lingers on raising interest rates, and still has delusions about the inconsistent statements of Fed officials.

At least on the day of the Fed's interest rate voting, there were two negative votes, which prompted the dollar to continue to rise.

Worried that the COVID-19 epidemic dragged down the economic recovery, the US stock market fell across the board, and the Dow Jones index closed at 26,763 points, down 525 points; The S&P index closed at 3236 points, down 78 points; Nasdaq suffered the most, falling more than 3% and closing at 10,632 points.

Down 330 points. The uncertainty of the epidemic caused the US stock market to fall, which made investors take cash as the king, and the US dollar was the best option. Coupled with the weakening of the British pound and the euro, the US dollar index continued to perform strongly yesterday, reaching 94.4 yesterday, a two-month high.

The price of gold continued to be pressed by the appreciation of the US dollar, and continued to fall yesterday. The price of gold began to fall from the high of 1905 US dollars per ounce in the morning market, reaching a minimum of 1855 US dollars per ounce, and finally closed at 1863 US dollars per ounce, down 37 US dollars.

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