Weekly

Today's volatility range:

The news that the US$ 900 billion in the second round of epidemic relief measures will be passed by both parties is widely sung. The US dollar continues to weaken, and the price of gold has rebounded for three consecutive days. We should pay close attention to the number of non-agricultural employment tonight. Today's major volatility is 1824 to 1848 dollars.

After Caixin China's manufacturing purchasing managers' index released on Monday hit a new high in 10 years, the Caixin service purchasing managers' index released yesterday also hit the second highest level of 57.8 points in recent 10 years.

Data show that China's economic activities have completely emerged from the haze of COVID-19, and it is expected that China's economy will continue to expand. However, China's economic development is still fraught with obstacles. The US House of Representatives unanimously passed the Foreign Corporate Accountability Act on Wednesday

It makes it more difficult or costly for Chinese enterprises to raise funds. The bill targets Chinese enterprises listed in the United States. If they do not comply with American auditing standards, they will face the threat of being delisted.

Earlier, giant companies such as Alibaba and JD.COM have successfully listed in Hong Kong for the second time, which is the second-hand preparation once they avoid being delisted in the United States.

There is a voice in China that the United States unreasonably suppresses Chinese enterprises because it is afraid of China's rise! However, it is an indisputable fact that there is still much room for the quality of Chinese enterprises and the ability of regulatory agencies. The false transactions on Ruixing Coffee amounted to RMB 2.2 billion.

The exaggeration of making numbers is an example. Perhaps this external force can improve the governance level of Chinese enterprises and better protect market investors, when the flowers are fragrant, other countries will definitely welcome Chinese enterprises to list on their exchanges.

This is a good thing. The Brexit issue is still deadlocked, and the message is even more confusing before approaching the dead line of negotiations. Some representatives of member States pointed out that the negotiations are optimistic, but there are also indications that the two sides are tough and the agreement is not easy to reach.

There may be disorderly Brexit. However, depending on the behavior of Banier, the chief negotiator of the European Union, the progress should favor the latter. When Banier was asked by reporters, he turned a deaf ear and hurried by, which somewhat reflected the tense meeting.

Some media reported that the atmosphere of the meeting was good in the morning, but in the afternoon, the atmosphere of the meeting deteriorated because France proposed to join the new negotiation conditions. Yesterday, Britain also revisited the feasibility of the "internal market law", which worsened the optimism of orderly Brexit.

With the Brexit issue, major European stock markets developed individually yesterday, and Britain, which is well versed in politics, became the winner yesterday. The FTSE 100 index of the UK rose by 0.42%, breaking the high level in half a year; The German DAX index fell by 0.45%; French CAC index fell 1.6%.

New york's stock market has developed repeatedly and individually. The new pneumonia vaccine will be officially put into the market, and the number of people applying for unemployment benefits for the first time in the United States last week has dropped back to 712,000 again after increasing for two consecutive weeks, which is better than expected. Driven by the optimistic atmosphere of the market,

The three major indexes all went up in the early stage, but Pfizer had supply problems in the end market. Due to the blockage of raw material supply, the plan to provide 100 million vaccines was halved to 50 million, which triggered a negative market reaction. Finally, the Standard & Poor's 500 Index fell by 0.06%;

Dow Jones index rose 0.29%; Nasdaq index rose 0.2%. The number of people claiming unemployment benefits for the first time announced by the United States yesterday has dropped again since it increased for two consecutive weeks, which was unfavorable to the gold market. However, it is rumored that there are statistical errors, which may be worse than the reality.

The number of non-agricultural employment in the United States last month, as announced today, has changed even more, so we should pay close attention to it. The news that the US$ 900 billion in the second round of epidemic relief measures will be passed by both parties is widely sung, and the US dollar index has fallen to a low level in two and a half years.

At 90.69, the price of gold continued to rebound yesterday, reaching a peak of $1,844 per ounce and closing at $1,841 per ounce, up $10.

Bitcoin fell to about $18,800 at worst yesterday, but mainly fluctuated between $19,200 and $19,300, closing at about $19,460 per bitcoin. I believe we are still waiting for an opportunity to create a record high of $20,000.

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