Weekly

Novel coronavirus's fatigue continues to deteriorate, with nearly 1.3 million confirmed deaths worldwide and over 54,700 cumulative infections in novel coronavirus worldwide. In the United States, there were 188,000 cases of infection last week.

There are more than 100,000 patients in 10 consecutive days. In Europe, Italy has also added millions of clubs, which is the fifth European country after France, Russia, Spain and Britain to record more than 1 million new crown cases.

Last Monday, there was shocking news in the market. Pfizer Pharmaceuticals of the United States and German Biotechnology made good progress in the vaccine root against novel coronavirus. According to Pfizer's announcement, the preliminary data from the third stage showed that,

The test results show that the vaccine is more than 90% effective. The representative of the company said that the present stage does not mean that the vaccine can be available in a short time, but the data will help to apply to the US Food and Drug Administration and use the vaccine in an emergency.

Moderna, an American drug, and AstraZeneca, a British drug, are also trying to apply to the US Food and Drug Administration for emergency use permission before the end of the year. Moderna even said that its test results are strikingly the same as Pfizer's!

Not to be outdone, Russia pointed out that the effectiveness of the self-developed COVID-19 vaccine "Satellite 5" reached 92%.

Affected by the vaccine news, investors look forward to getting the economy back on track, adjust their risk bias, and the global stock market rebounded at a low level. Calculated from the low level on Monday, the Hang Seng Index rose by 0.6% a week; Major European stock markets responded best,

The German DAX index rose by 2.9%; French CAC index rose 6.9%; The FTSE 100 Index also rose 3.5%. The new york stock market is led by traditional economic shares, and the Dow Jones index has risen by about 1%; The Standard & Poor's 500 Index rose 1.8%; Nasdaq index rose 3%.

It has been almost two weeks since the US presidential election voted. Although Biden, the US Democratic Party, claimed to have won the election, the counting of votes has not yet been completed. Trump said on the social networking page that Biden won illegally. This is the first time he admitted that he lost the election, but he left a message again later.

There is still a long way to go, and legal actions are still going on. It seems that he won't die until he dies! It is getting closer and closer to the day when the electoral votes are cast, and the atmosphere of political instability is getting stronger and stronger. It remains to be seen whether this time bomb will detonate the division of the United States.

Affected by the vaccine news, the gold market plunged on Monday, with the highest loss of USD 108 per ounce. Although there was a rebound in the market outlook, it was still subject to the resistance of USD 1890 per ounce, and closed at USD 1890 per ounce, with a total drop of USD 81 per week, with a drop of 3%.

However, the improved stock climate in Europe has made the euro and pound stronger, and the US dollar index lower or made the gold price better. However, it is expected that the gold price will only fluctuate between 1850 and 1900 before the official US president's name.

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