Weekly

March 18 th

Today's volatility range:

The Fed's interest rate decision remains unchanged, and Powell's dovish wording makes the US dollar lower, which leads to the gold price. However, the rising yield of national debt will affect the performance of gold price. Suggested volatility is between $1740 and $1758.

A total of seven people died in Hong Kong after being vaccinated with Kexing vaccine. Even though some experts reported that they believed that the incident was not directly related to vaccination, they could not confirm that it was related to vaccination.

However, the vaccination rate is still low in recent days, and a large number of people have fallen to the bottom. Even if the government lowers the requirements of vaccinators, it cannot reverse the situation. The Hong Kong government twisted all the six unions, and the expectation of kindness and prestige was improved;

Chen Zhaoshi, the former Secretary for Health, warned by scare, saying that if the epidemic situation in Hong Kong rebounds and the vaccination rate is not satisfactory, it may be necessary to tighten the epidemic prevention measures again, while Chief Executive Carrie Lam plays the role of a good person.

When she attended the Legislative Council yesterday, she said that she would consider providing incentives to attract people to vaccinate, including customs clearance and relaxing social restrictions. She also said that she had proposed with the relevant departments of the central government,

If Hong Kong people are vaccinated with two doses, can they relax some restrictions on entering the Mainland? According to the online booking system provided by the government, the number of booking people has indeed improved.

According to the latest global financial center index compiled by a British think tank and Shenzhen Comprehensive Development Research Institute, Hong Kong ranks fourth among 114 regions in the world. The Hang Seng Index rose by 0.02% yesterday.

The European epidemic seems to be showing signs of slowing down. The EU is considering introducing vaccination certificates to allow vaccinated people to have greater freedom of movement in EU countries, thereby saving tourism and considering

The Vaccine Passport Scheme was extended to other countries with extensive vaccination. However, it was revealed yesterday that the European Union did not recognize the COVID-19 vaccine developed by China. In terms of data, the consumer price index of EU last month increased by 0.9% as expected.

After the German carmaker Volkswagen announced its tram plan, its share price rose by 16% yesterday and closed up by 13%. The market value of Volkswagen became the heaviest share in DAX index.

Leading the German DAX index to rise by 0.28%; While the French and British stock markets failed to keep up, the French CAC index fell by 0.01%, and the British FTSE 100 index fell by 0.57%.

Last night, in the early hours of the morning, Fed officials voted unanimously to keep 0-0.25% unchanged. Federal Reserve Chairman Powell delivered a speech after the announcement of the interest rate decision, and the wording was still dovish.

It is said that with the re-opening of the economy, people will start to increase consumption, which means that a relatively moderate increase is expected, and a moderate growth model has been established, but the strongest growth has not yet arrived, and 10 million people are still unemployed.

We should consider collecting water only when the comprehensive data points out well. At present, the Fed still maintains the current form of asset purchase, and will not raise interest rates until 2023. Dove speech warmed the market, and the Dow Jones index rose by 0.58;

The Standard & Poor's Index rose by 0.29%; , Nasdaq index rose 0.40%. Gold prices continued to consolidate in Asian markets yesterday, rising and falling in the range of $1,733 to $1,738, and expanding in European markets.

Yesterday, the lowest price of gold was $1,724 per ounce, and Powell's dovish words made the dollar lower, which led to the highest price of gold, reaching $1,745 per ounce and closing at $1,732 per ounce, up $13.

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