Weekly

May 18 th
 
Today's volatility range:

The price of gold rose yesterday, inflation is expected to heat up and the situation in the Middle East is deteriorating. The price of gold has become a safe-haven tool. Yesterday, it rose above the resistance line of the downtrend created by the historical high in August last year for the first time.

It closed at $1,866, and the trend is very beautiful. The next resistance area is between 1875 and 1890, and the support level is $1,845. The market is rising too fast this time,

Have the opportunity to call back, but optimistic about the performance of the market outlook remains unchanged. Today's proposed amplitude is between 1856 and 1874.
 

Cathay Pacific, once one of the three-day airlines in the world, suffered financial difficulties due to the global epidemic last year. Last year, it received nearly 30 billion yuan of public money from the Hong Kong Government. After the global epidemic flight failed to recover,

Failure to improve the financial situation, following the dissolution of its subsidiary Dragonair earlier to dissolve all employees to save expenses, announced the restructuring to employees yesterday. It is reported that Cathay Pacific will handle the airport ground

The number of departments has been reduced from the original five ranks to four. Apart from the imminent retrenchment of employees, some employees have been forced to demote, so that they can keep their wages and suffer from salary reduction.

The media have reported that some pilots and flight attendants have devoted themselves to different industries, some have devoted themselves to bus captains, continued to carry passengers, and some have reduced their salaries by 90% and devoted themselves to performing arts.

In a word, the horse dies and falls to the ground, so does the industry that was once favored by heaven, and it is even harder for other ordinary wage earners. Therefore, the Hong Kong Government said that Hong Kong's economy will usher in a recovery at the end of this year.

Is lying to yourself? Deceive citizens? Lying to Beijing?

 
Recently, Hong Kong stocks also fell more and rose less under the hard support of Beishui, which is a reflection of Hong Kong's economic performance. The Hang Seng Index rebounded yesterday, rising 0.59% to close. Speaking of cheating, share an interesting financial story.

The U.S. Federal Trade Commission pointed out yesterday that since October last year, fraudsters have faked the account of Tesla boss Musk to defraud American consumers of cryptocurrency.

The loss amounted to $2 million. Less investment will inevitably bring risks. As soon as technical investors enter the market, they will face market risks first, and the opponent risk in encryption market is the biggest.

Because technologists often can't know who your real trading partner is, just like the above cases. Investors use hot wallets to store cryptocurrencies, which brings a new risk.

That is, if you have the opportunity to forget your wallet password, in February last year, an investor forgot the password and faced the pain that 7,000 bitcoins were buried permanently in the system immediately.

At today's market price, it is worth more than 300 million dollars! How to reduce the risk of investing in cryptocurrency, interested Batroxobin can leave a message on this website, or enter a group to inquire.

 
The Middle East is full of war clouds. Apart from the escalation of the situation in Pakistan, the two sides continue to launch rocket attacks against each other, covering civilian areas and airports. The war situation is even more out of control, which is worrying.

The ceasefire agreement between the Afghan government and the armed group Taliban expired on Sunday, and the Taliban took the lead in attacking the capital Lashkar Gah and other areas that morning.

Follow both sides and resume fighting in southern Afghanistan. The market worried about inflation and the COVID-19 epidemic, and technology stocks continued to fall, European and American stock markets fell, and the German Frankfurt DAX index fell 0.13%;

CAC in Paris, France fell 0.28%; Britain's FTSE 100 index fell 0.15%. New york's three major indexes also all reported declines, with Dow Jones index falling 0.16% and Na's Standard & Poor's 500 index falling 0.24%.

Nasdaq index fell 0.38%. The price of gold rose yesterday. It is expected that inflation will heat up and the situation in the Middle East will deteriorate. The price of gold has become a safe-haven tool. It rose above the historical high in August last year for the first time yesterday

Made the resistance of falling track, and closed at $1866 on it, but the gold price was as low as $1842 and as high as $1869 yesterday.

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