Weekly

The voting procedure of the US presidential election was completed yesterday. According to statistics, more than 140 million voters have cast their votes, and the counting of votes is still going on. At this stage, there are still variables about who can become the new White House owner.

However, Biden has a slight advantage, as long as he can regain the key swing state-Michigan, which is also the area where Sheila suffered Waterloo in the last session. The current situation is that 50.3% of the votes counted are for Biden.

And winning in Nevada, the traditional camp that has not finished counting votes, Biden will get enough 270 votes to be elected as the new president of the United States. Although Trump has little chance of turning over, he will not stop there.

His electoral college has asked for a recount in Wisconsin, where less than 1% of the votes were lost. Trump has also made it clear that someone cheated in the election and stole his presidential election results, which may lead to legal recourse.

This is just like what experts are worried about. With such close votes, it will take more time to resolve disputes, and the two presidents will not be handed over smoothly, just like George W. Bush's battle against Gore in 2000.

In the end, it will take more than a month for the Supreme Court to make a judgment, but this time the situation is more complicated, or other problems may arise, such as social unrest caused by voters' dissatisfaction, and even more serious, people will be divided by politics.

Eventually, it caused internal friction and dragged down the American economy. During the U.S. presidential election, the number of COVID-19 cases in the world also soared, but this did not stifle the orientation of venture capitalists. After Australia cut interest rates and announced the implementation of the A $100 billion quantitative easing plan,

Global stock markets rose, and the rise of European and American stock markets continued yesterday, because the market spread that the Bank of England would also increase a lot of money to offset the economic losses caused by the epidemic, and even spread negative interest rates to stimulate inflation, and major European stock markets rose across the board.

The German DAX index rose by 2%; French CAC index rose by 2.4%; The FTSE 100 Index also rose 1.7%. The new york stock market also continued to rise, and the Dow Jones index rose by 1.8%; The Standard & Poor's 500 Index rose 2.3%; The Nasdaq index rose by 3.4%.

Under the circumstance that the general investment climate is biased towards higher risks, the US dollar has become the target for sale. However, the uncertainty of the US presidential election results has caused the US dollar index to fluctuate greatly, reaching a maximum of 94.3 points and finally closing at 93.41, down 0.01 points from the previous closing.

Yesterday, the performance of gold was similar to that of the US dollar. It closed at US$ 1,903 per ounce, down US$ 7. The highest price rose to US$ 1,916 per ounce, and the lowest price traded at US$ 1,882 per ounce, which was the biggest volatility day since August 19.

The volatility has expanded to US$ 34, and it is expected that there will still be big and big market conditions before the results of the US presidential election.

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