Weekly

March 10 th

Today's volatility range:

Earlier, the gold price did not fall below the US$ 1,675, which was greatly supported. Yesterday, the gold price rebounded sharply by lowering the yield of US ten-year treasury bonds to 1.53%. However, the trend of gold has not yet been confirmed at this stage.

It is expected to fight for $1,700 in the short term. Today's proposed volatility is between $1702 and $1722.

Hong Kong stocks rebounded yesterday, and the Hang Seng Index once rose above 29,000, closing at 28,773 points, up 0.81%. Refer to that performance of Hang Seng index in the past year,

The Hong Kong stock market has taken the lead in recovering or even surpassing the pre-epidemic level even after the COVID-19 epidemic was not controlled, and the financial industry has obviously won the market. According to the online information of the Stock Exchange,

The average daily turnover in the first two months of 2021 was 240.1 billion yuan, up 119% from 109.5 billion yuan in the same period last year. Compared with February last year,

The market value of listed companies rose from HK$ 36,207.4 billion to HK$ 52,941.6 billion, a significant increase of 46.2%; The number of listed companies has also increased from 13,964 to 18,491, and the amount of funds raised last year reached HK$ 397.5 billion.

The market is booming, and the edible cake is big, which naturally attracts more merchants to enter the market and hopes to get a share. According to the communication between the officials of the Treasury Bureau of Hong Kong and the media yesterday, the amount of funds raised in Hong Kong ranked second in the world last year.

There are about 1450 licensed corporations engaged in securities trading in Hong Kong, and the number has also increased compared with last year. Some people missed the night and rushed to the science field, and some people resigned and returned to their hometown; Si Yiyi, Japan's largest online brokerage

(SBI Holdings) plans to withdraw its business from Hong Kong in accordance with the National Security Law of the Port Area. Its chief executive, Kitaomi Yoshio, said, "Without freedom, there would be no financial business. 」

We should know that with the rise of China, Hong Kong is close to the mainland and facing the international community. It is a good place for financing and one of the best places for stock brokers to do business. Is it foolish or daring to withdraw funds now?

Earlier, the EU considered introducing vaccination certificates to allow vaccinated people to have greater freedom of movement in EU countries, thereby saving tourism.

Yesterday, he even said that the scheme would be extended to other countries that have been widely vaccinated, including China and Russia. As long as residents in the region can produce vaccination certificates, they will be awarded EU vaccination certificates.

The three major European stock markets rose for two days, mainly driven by the technology stocks, but the cyclical stocks took profits, among which the decline of mining stocks limited the market increase, and the German DAX index rose by 0.4%;

French CAC index rose by 0.37%; Britain's FTSE 100 Index rose 0.17%. The Biden administration's $1.9 trillion epidemic relief plan is just around the corner, just short of the last level in the House of Representatives.

However, the market is looking forward to great opportunities. The U.S. dollar index fell slightly yesterday, but the yield of U.S. 10-year treasury bonds was lowered by 40 points, with technology stocks leading the market.

The three major indexes of new york stock market rose across the board, and the Dow Jones index rose by 0.1%; Standard & Poor's Index rose by 1.36%; Nasdaq index retaliated greatly, soaring 3.69%. Gold prices rebounded strongly yesterday,

Earlier, the gold price did not fall below the US$ 1,675, which was greatly supported. Yesterday, the yield of US ten-year treasury bonds was lowered to 1.53%, reaching a high of US$ 1,720 per ounce, and finally closed at US$ 1,716 per ounce.

Up 33 dollars.

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