Weekly

April 13 th
 
Today's volatility range:

The yield of US Treasury bonds rose slightly yesterday, which has become the biggest factor affecting the price of gold without other important data. Gold prices have returned to the box that has been checked and consolidated for a long time,

Without more important news, the upward and downward pressure and support of USD 1,720 and USD 1,746 will be tested again, and it is expected to still fluctuate today. Today, the proposed amplitude is between 1724 and 1740.
 
The progress of vaccination program in Hong Kong is far from satisfactory. According to the first dose of vaccination, as of last night, there were just over 500,000 people, and the vaccination rate was about 7.5%.

In order to stimulate the vaccination rate, the government plans to stop providing free testing services and take vaccination as the primary epidemic prevention measure. Chief Executive Carrie Lam Cheng Yuet-ngor said,

The consideration is not for saving money, but for a long time in the past, the government has provided free testing for all trades and the public.

Since vaccination can replace regular virus testing and relax social activities, the new plan is to encourage the public to replace regular virus testing with vaccination.

 
It is a good thing for the government to provide incentives to persuade the public to vaccinate, but the adverse reactions and even death after vaccination may be another reason for the public to resist;

An example is the sudden death of a DSD staff member who was vaccinated against Kexing last month. The government has the responsibility to help the public remove psychological threats.

Include more transparent and proactive disclosure of accident cases, so as to avoid the public's perception that the government is hiding something. The progress of vaccination program is not only the key to protecting life and health,

It has become a thermometer for quantitative easing in the United States.

Brad of the Federal Reserve said that it is still too early to consider reducing the scale of bond purchase, but the Federal Reserve has drawn up a road map to shrink quantitative easing.

Brad also said that the successful vaccination of 75% of Americans will signal that the new coronary crisis is coming to an end, which is also a necessary condition for the Fed to consider debt reduction plans.

According to the statistics of the American epidemic response team, 120 million Americans have been vaccinated with new coronary vaccines; Forty-six percent of American adults have been vaccinated with the first dose of the new coronary vaccine.

28% of American adults have completed vaccination. By next week, all adults in America will be eligible for vaccination. If the population of the United States is 330 million and the progress is steady,

At the end of this year, there is a chance to achieve the expected vaccination rate in Brad's mouth.

 
The global stock market is weak, and the three major European stock markets are soft. The DAX index in Frankfurt, Germany fell 0.03%, and the CAC index in Paris, France fell 0.13%;

Britain's FTSE 100 index fell 0.37%. All three major indexes of U.S. stocks also fell, with Dow Jones index falling 0.16% and Standard & Poor's 500 index falling 0.01%.

Nasdaq index fell 0.36%. The yield of US Treasury bonds rose slightly yesterday, which has become the biggest factor affecting the price of gold without other important data.

The highest price of gold was $1,745 per ounce, and the lowest price was $1,727 per ounce, closing at $1,732 per ounce, down $11.

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