Weekly

Linked to epidemic situation

2020-10-16

One more member of the White House family was infected with COVID-19 pneumonia. The first lady of the United States, melania, posted on the official website of the White House, sharing her experience of diagnosis, and revealed that Barron, the 14-year-old son of US President Trump,

The news of newly diagnosed pneumonia at one time earlier. Melania said that after she and Trump confirmed the diagnosis, Barron was tested for the virus immediately, and the result was negative, but when tested again later, the result was positive.

At present, both her and Barron's test results are negative. One of Trump's competitors Biden camp also tested positive for virus. It is said that this campaign team member was on the same plane with Biden on the 12th and 13th of this month.

I flew to Ohio and Florida to participate in the campaign, but Biden did not have close contact with the member, so there was no need for isolation.


Yesterday, the global stock market fell. Due to the rising number of pneumonia cases in COVID-19, governments of various countries continued to take stricter social measures to control the epidemic, stimulating investors to reduce their risky assets, and the major Asian stock markets fell.

Except for Hong Kong, which fell the most by more than 2%, the rest fell by 0.5% to 0.8%; EU leaders held a summit in Brussels, Belgium for two days in a row. German Chancellor Angela Merkel said at the EU summit that in terms of economy,

We can't afford the Asian wave epidemic, but paradoxically, less than an hour after the meeting, European Commission President Ursula von der Leyen said that he had contacted the confirmed patients of new pneumonia and decided to leave the meeting immediately for isolation.

Major European stock markets are obviously linked to the epidemic, with a decline ranging from 1.8% to 2.4%; The negative sentiment that the US rescue plan is difficult to make progress continues to flourish in the market. The three major indexes in new york recorded a decline, ranging from 0.07% to 0.47%.

The US dollar index rose with the market risk aversion, with the highest rising nearly 94, closing at 93.78, an increase of more than 0.4%. Yesterday, the price of gold was rising because of the pneumonia in COVID-19, and investors became better as safe-haven assets.

However, the appreciation of the U.S. dollar limited the increase of gold, reaching a minimum of $1,889 per ounce, and finally closing at $1,908 per ounce close to yesterday's high, up $6. The price of gold has not yet fallen below the upward trend line,

And make a convergence triangle with the descending line, and are seeking breakthrough opportunities.

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