Weekly

May 11 th
 
Today's volatility range:

Yesterday, the price of gold took on the upward trend earlier. As long as the downward axis derived from the historical high in August last year is maintained, it is still generally good. There are not many important data this week.

It depends on the reflection of the price index on inflation, while officials of the Federal Reserve Bureau are still saying that inflation is caused by short-term overshooting, so there should be no short-term interest rate increase guarantee, and the gold price can still be seen as higher.

The next stop is $1848. Today, the proposed amplitude is between 1826 and 1840.
 

There were four new confirmed cases in Hong Kong yesterday, all of which were imported cases, and zero local confirmed cases reappeared for three consecutive days, which deserves applause from all citizens.

Yes, and as for the quarantine arrangement announced by the Food and Health Bureau last week for the entry of people who have completed two doses of COVID-19 vaccine, some experts said that shortening is not a problem.

It is a question of the whole arrangement and contingency, which means that the government is careless in dealing with the epidemic situation, and often only instructs the policy from above, and then each department only knows its own scope of implementation.

In case of sudden changes, all departments blame each other. If the Government repeats its mistakes again, it will only slow down the recovery of Hong Kong as a whole and fail to live up to the expectations of Hong Kong people.

Wang Xing, CEO of Meituan, quoted the seven ancient poems "Burning Book Pit" written by Zhang Wei of the Tang Dynasty on social media, because of the first and last sentences, "Bamboo cigarettes are sold in vain ... Liu Xiang did not study."

With the implication of insinuating leaders, investors are afraid that Wang Xing will follow Ma Yun's footsteps and sell one after another, which once dragged down the stock price and plunged up to 10% and brought trouble to a large number of high-tech stocks.

Hang Seng Index closed down 0.05% on Monday. After the counting of votes was completed in the British regional elections, the Scottish Parliament, which attracted more attention, also got results, and then the Scottish National Party, which advocated independence, won.

For the fourth time in a row, he became the largest party in the local parliament. Shi Yaqing, the party leader and chief minister of Scotland, made it clear that he would push for the second independence referendum again and become an unexploded bomb in Britain.

If Scotland really departs from Britain, it is not only a matter of losing political prestige, but also a practical problem of national territory and economic loss. Imagine a new border.

Attention to protection will follow, and obstacles will appear in people flow, logistics and taxation, so as to ensure that one of them, even financial institutions, will consider complex issues such as relocation, and that national defense and security will have to spend extra money.

In the international impression, the Kingdom of Great Britain is just like an old man, and British Prime Minister Johnson has no headache. The three major indexes of European stock markets fell by 0.01% only in Britain.

Germany's Frankfurt DAX Index and France's Paris CAC Index both recorded increases, up 0.04% and 0.01% respectively. Affected by the decline of high-valued technology stocks and high commodity prices,

The fear of rising inflation in the market caused the three major indexes of new york stock market to fall across the board. The Dow Jones index hit a new high and then fell by nearly 0.10%, while the Standard & Poor's 500 Index fell by 1.03%.

The Nasdaq index fell after a day of recovery, with a loss of 2.55%. In anticipation of rising inflation, the price of gold rose for four consecutive days yesterday, reaching a high of $1,845 and a low of $1,830.

It closed at $1836, up $5.

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