Weekly

Today's volatility range:

The large-scale post-epidemic economic stimulus plan in the United States is expected to be launched, and the gold price will play its anti-inflation and anti-currency depreciation characteristics. Today, the price of gold may oscillate, with the main volatility of 1856-1878 dollars.

Since the outbreak of the fourth wave of epidemic in Hong Kong, the government has once again tightened social measures and prepared to legislate for the ban. However, some medical experts criticized the Hong Kong government for its slow response, which often caused headaches and pains, and missed opportunities many times;

From the bureaucratic idea that the Chief Executive refused to ask for customs clearance at the beginning of the epidemic, Hong Kong became a springboard to escape, and those who bid for masks with the lowest price won, resulting in the shortage of masks in Hong Kong, the whole people were forced to snap up at high prices, and now vaccines have been launched in the market.

It is certain that on the procurement issue, the responsible officials may not start or stick to the details of the situation, and learn from Lin Zhengyue's so-called "Special Administrative Region handles affairs with rules and regulations"!

This inflexible, pedantic and ignorant culture is terrible enough. The most terrible thing is not to accept criticism, but to be complacent everywhere!

Novel coronavirus's fatigue continued to deteriorate. Yesterday, Britain vaccinated high-risk people in the country with Pfizer's COVID-19 vaccine. While Pfizer applied to the United States for emergency use of COVID-19 vaccine,

It has also been confirmed to be safe and effective by the US Food and Drug Administration. The world is betting on vaccines to change the economy that has almost stopped. Which country can vaccinate most people first, then that country can restore productivity first.

Seize the market opportunity, it seems that a battle for vaccines is happening silently. Pfizer has indicated that the supply will not meet the demand of the United States by June next year, except that the output mentioned earlier is blocked due to the supply of raw materials.

While the number of branches needed to be reduced to 50 million, it is estimated that the quota needs to be reserved for other countries due to an agreement. Fortunately, Johnson & Johnson, another major American company, announced that the research and development of COVID-19 vaccine was completed ahead of schedule.

According to the third phase clinical data, its effective rate is 97%, which is expected to further relieve the global tight demand.

The Brexit negotiations between Britain and the EU have been blocked again. Johnson, the British leader, told the media that it is not optimistic to reach a consensus with EU representatives within a few days, but some EU members expressed that,

Their chief negotiator, Banier, reported the progress of the negotiations to the EU member States and reached the same conclusion. Britain has once again sought legislation for the "internal market law" that violates the EU agreement. Once the Brexit negotiations break down,

Britain will be able to continue to trade with EU countries in January next year in the way of "Australia mode" leaving the EU. Negative news affected the slight decline of British pound against US dollar. On the other hand, there is good news in the second round of relief measures for the epidemic in the United States.

Republican Senate Majority Leader McConnell said that he could put aside the differences between the two parties and approve the funding first, hoping to finish it before Christmas holiday. President Trump hopes to distribute another $1.2 thousand to the people.

However, because the amount involved is not included in the $900 billion bailout plan, it is unlikely to be completed this year. However, Speaker of the House of Representatives Pelosi said that after his party friend Biden took office, he would approve a larger revitalization plan.

Gold price continued to rise yesterday, and a larger post-epidemic economic stimulus plan was launched. By then, gold price will play its anti-inflation and anti-currency depreciation characteristics. Gold price peaked at $1,875 per ounce yesterday and closed at $1,870 per ounce, up $8.

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