Weekly

The virtual currency Bitcoin continued to be strong, rising above 14,000, 15,000 and 16,000 in less than three weeks before, breaking the 17,000 mark on Monday and breaking the 18,000 mark on Thursday.

The highest price was $18,190 per piece, but it still failed to stabilize. It finally closed at more than 18,000 on Friday and yesterday, and the highest price was $18,850 per piece, closing at $18,435 per piece.

I believe Bitcoin will remain strong in the short term, with a great chance to challenge 20,000 US dollars. Last week, Moderna, an American drug, issued another statement, saying that its COVID-19 vaccine was effective at 95%.

Again, he said that regulatory approval may be sought in the coming weeks. Affected by the vaccine news, the gold market had a false alarm on Monday, and it had plunged 30 dollars in three minutes.

Although the lost land was gradually recovered, it kicked off last week's four consecutive losses, with a minimum of $1,853, which turned into a low-sucking opportunity, and finally rebounded to $1,871 per ounce on Friday.

A total of 19 dollars fell in a week. It is expected that the price of gold will only fluctuate between 1850 and 1900 before the official US president's name.

Former new york Mayor Giuliani, a personal lawyer of US President Trump, said that the campaign team decided to withdraw the lawsuit against Michigan's controversial voting results. But he stressed that,

The votes of every legitimate voter should be counted, and the illegal votes should not be counted. They will still be won by legal means in other States. On the other hand, a federal judge in Pennsylvania, USA,

Rejected the lawsuit of President Trump, saying that Trump's election team had no real evidence of voting fraud. Trump's team of lawyers indicated that they would appeal the ruling.

The results of the American election gradually favor Biden, but uncertainties will always cause political troubles, affect the efficiency of administration, and make investors wary.

The novel coronavirus epidemic in the United States continues to deteriorate, with an average of more than 180,000 infections per day last week. The US Centers for Disease Control and Prevention strongly advises people not to travel during the Thanksgiving holiday next week.

It is also suggested that people avoid gathering with people who do not live together. But last weekend, a large number of citizens began to travel for Thanksgiving reunion, which created a new wave of threats. It is expected that before the vaccine is launched in the market,

Virus pandemic will still pose livelihood and economic problems. However, it is said that US House Speaker Pelosi and Senate Majority Leader McConnell will return to the negotiating table and reach a consensus on the scale of the stimulus plan.

The new round of aid program of the US government is expected to pass. The data released by the United States last week were mixed. The most striking thing is that the number of people who first applied for unemployment benefits in the United States last week was 742,000, which was worse than expected.

It is the first time that the number of applicants has rebounded since August, and the US retail sales data is also worse than market expectations; Only crude oil inventories increased slightly by 0.77 million barrels, which was better than expected. The US economic growth is facing an inflection point.

Investors should pay close attention to the news of the Federal Reserve Board meeting in December.

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