Weekly

February 19 th

Today's volatility range:

Gold price closed flat yesterday, while the US dollar exchange rate fell back yesterday, which led to the rebound of gold price.

The clearance of the stock god returned the gold price to its original shape, but the clearance of the stock god was only an individual news, and what really affected the gold price was the US dollar exchange rate, interest rate and inflation. Inflation is still expected to peak under the high unemployment rate, which leads to the weak performance of gold.

Gold prices will repeatedly try the low of 1764 in November last year. Today's proposed volatility is between $1762 and $1778.

Hong Kong stocks are bullish, rising continuously in the three trading days after entering the Year of the Ox.

The Hang Seng Index broke through 31,000 points again the day before yesterday and the day after tomorrow.

Only when China ended the Spring Festival holiday yesterday, mainland funds did not continue to let bullets fly, but instead took advantage of the high harvest.

Beishui will have a great influence on the recent performance of Hong Kong stocks. Yesterday, the 30,000 mark of Hang Seng Index was recovered.

China's mainland stock market resumed trading yesterday, and Shanghai A-shares caught up with the backwardness and got off to a good start. Shanghai A-shares fell due to the decline of global technology stocks.

The number of newly infected people dropped by 60% because the vaccination program in Britain was up to standard. When the British government considered lifting the social restrictions, it strengthened the human condition restrictions.

It was rumored that people arriving in Britain from the United States and Spain would be forced to be isolated in hotels for two weeks.

In the post-epidemic era, everyone was in danger. The British approach was absolutely correct, but it definitely affected tourism and commercial activities.

Many European companies announced their results. Due to the decline in profits caused by the epidemic, the three major European stock markets fell across the board, and the German DAX index fell by 0.16%; French CAC fell 0.65%; Britain's FTSE 100 index fell 1.40%.

U.S. Treasury Secretary Yellen said that although the recent retail sales performance was strong and the U.S. stock market hit a record high, more than 9 million Americans were still unemployed in the United States.

Yellen pointed out that the $1.9 trillion bailout plan was very important, saying that the cost of doing too little was much greater than the cost of implementing a huge plan.

According to the data released by the United States last night, the number of people applying for unemployment benefits for the first time in the United States reached 861,000 last week, which was higher than the market expectation, and rose to the highest level in four weeks, rising again to more than 800,000, indicating that despite the signs of easing the COVID-19 epidemic, the employment market is still exhausted. Affected by the news of the loss of the labor market, the three major indexes of the new york stock market fell across the board, and the Dow Jones index ended its three-day uptrend and fell by 0.38%; The quasi-Poole index fell by 0.72%; Nasdaq index fell 0.44%.

The price of GOLD was flat yesterday, and it rebounded early yesterday, reaching a maximum of $1,790 per ounce.

However, in the US market, Buffett spent $560 million through his flagship investment company "Bajun", and Barrick Gold, which was listed on the exchange in August last year and was code-named "Gold", was cleared, causing the price of gold to fall again, reaching a minimum of $1,768 per ounce and finally closing at $1,776 per ounce.

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