Weekly

Today's volatility range:

There is a strong holiday sentiment in the market. It is expected that the short-term trend of US dollar will dominate the trend of gold, and it is suggested to maintain the fluctuation of gold price yesterday, that is, to hover between 1870 and 1890 US dollars.

Since the outbreak of the variant virus in Britain last week, the COVID-19 epidemic in Britain has been deteriorating. Yesterday, more than 53,000 infected cases were recorded, breaking a record high. The British government is considering implementing stricter control measures throughout the country.

In order to slow down the number of infections, on the other hand, we hope to speed up the number of vaccinations and wrestle with time. Although many countries have rejected British flights, virus variants are still spreading, and new variants of viruses have been found in Canada.

Japan, the United States and many European countries including Spain, Switzerland, Sweden and France have confirmed cases. The Brexit negotiations finally won the agreement between the two sides on Christmas Day and drafted a bill.

Before the provisions of the draft were formally passed into law by both parties, both parties agreed to temporarily implement the provisions of the agreement on New Year's Day to avoid confusion or disputes. Some experts commented on the draft, saying that the agreement will have a certain impact on the British economy.

Especially in the financial services industry, enterprises in EU countries have the opportunity to return to their home countries for listing, which makes the UK's economic growth discount; For the EU, orderly Brexit only avoids the damage to Britain, the largest business partnership in Europe.

It will compete with Britain in all aspects in the future, and the future is still uncertain. Major European stock markets developed individually yesterday. After the British stock holiday, the news of the successful Brexit was replenished, and the UK FTSE index rose by 1.6%; The French CAC index continued to rise by 0.42%; Germany's DAX index retreated 0.21%.

The first case of novel coronavirus variant appeared in Colorado, USA. Local health officials said that they would now require immigrants from Britain to show negative proof of virus test 72 hours ago, and extend it to other countries and regions. US President-elect Biden,

Criticizing President Trump's work on vaccinating nationals against COVID-19, he criticized that at the current vaccination speed, it may take several years to vaccinate all nationals. He said that after taking the oath of office, he would use the national defense production law.

Instruct private enterprises to increase vaccine production in COVID-19. The "US$ 900 billion second bail-out bill" made some progress, because US President Trang threatened to raise the cash cheque for helping citizens from US$ 600 to US$ 2,000.

The U.S. House of Representatives has passed the aid check bill, which has been increased to $2,000, while McConnell, the leader of the Republican Party in the Senate, has called on his party members to support the new aid check bill. However, some Members still use the excuse that they are worried that the rich can get the check, and they will not make a statement for the time being.

The new york stock market retreated across the board, and the Dow Jones index and Nasdaq index both fell 0.22%; The Standard & Poor's 500 Index fell by 0.38%. The euro hit a new high since April 2018 yesterday, and the US dollar index once again fell below 90 points, reaching a minimum of 89.85 points, supporting the upward trend of gold.

Gold rose to $1,886 per ounce, the lowest dropped to $1,872 per ounce, and finally closed at $1,878 per ounce, up $5.

For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator
https://t.me/mingtakchat