Weekly

April 20 th
 
Today's volatility range:

The yield of US Treasury bonds rose, which was the reason for the decline of gold. On the trend of gold price alone, the price of gold rushed back after trying the $1,790 mark yesterday, and the lowest price of gold was $1,767 per ounce.

Although the decline is rapid, it still stands at the support level of US$ 1,764. This decline can be adjusted as the next rise. Today, the proposed amplitude is between 1764 and 1782.
 

Chief Executive Carrie Lam Cheng Yuet-ngor attended the Boao Forum for Asia in Hainan. After the meeting, she told the media that after experiencing Sino-US trade disputes, social events and Covid-19's multiple blows,

Hong Kong will inevitably experience an economic downturn, but she added that Hong Kong has passed the worst, and she estimated that Hong Kong will resume its growth in 2021, with a budget of about 3% to 5%.

Yesterday, the Hang Seng Index returned to the level of 29,000 points and closed at 29,106 points, up 0.47%. Geopolitical tensions in Europe, Russia said yesterday,

It is clear that the United States is behind the Czech expulsion of Russian diplomats, and it is strongly stated that Russia will continue to respond in the same way to any provocation and any further sanctions imposed.

The three major European stock markets only got France to keep rising yesterday, and the CAC index in Paris, France rose by 0.15%; The German stock market closed down after hitting a new high, and the DAX index in Frankfurt, Germany fell 0.59%;

The FTSE 100 Index closed down 0.28%.
 

Yesterday's news reported that Tesla Motors was suspected to have lost control and crashed into a tree under the condition of "unmanned driving", and burned down on fire, which even led to death. Tesla shares plunged more than 5% at the beginning of the market opening.

Other technology stocks were also dragged down, which drove the overall Wall Street stock market down. The Dow Jones index fell 0.35% to close, and the Standard & Poor's 500 index broke its cable after several rises and seven, down 0.51%.

Nasdaq index fell 0.98%. The price of U.S treasury bonds fell, the yield of 10-year treasury bonds returned to 1.6%, and the price of gold rushed back after trying the $1,790 mark yesterday.

The lowest price of gold was $1,767 per ounce, and it closed at $1,771 per ounce, down $5.

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