Weekly

July 9 th
 
Today's volatility range:

Investors worried that the variant virus still threatened and the progress of economic recovery was damaged, and the US dollar index dropped from a three-month high to 92.3 points. The number of initial jobless claims in the United States unexpectedly rose last week,

It did not help the performance of gold price, and the record of gold price rising was broken. Although the price of gold closed above 1800 USD, there was a double peak below 1820 in the trend, with great upward resistance. Today's proposed amplitude is between 1792 and 1810.
 

Only two weeks before the opening of the Tokyo Olympic Games, the SAR Government held a flag-raising ceremony for the delegation of the Tokyo Olympic Port Team at Government House yesterday afternoon. The process was presided over by Chief Executive Carrie Lam Cheng Yuet-ngor, and Hong Kong will be dispatched for this Olympic Games

46 sports elites played in 13 different sports. Last year, a new type of pneumonia broke out globally. This global event has been forced to be postponed for one year. Sports elites who have been preparing for many years can finally make it. Unfortunately, due to new varieties in recent days,

Threatened by viruses, Japan announced that Tokyo would enter a state of emergency in order to welcome the upcoming Olympic Games, and it would hold the Games in a closed-door manner that did not allow spectators to enter and watch the Games. Hong Kong people can only cheer them up through fluorescent screens.

What is frustrating is the performance of Hong Kong stock market. Hong Kong stocks have fallen for 8 days in a row, and there has been a small stock market crash! The Ministry of Industry and Information Technology recently targeted the "advertising violations" in the small programs of technology stocks, and the China Cyber Security Regulatory Authority continued to

Leading technology companies conducted anti-monopoly regulatory review, and investors worried that the entire high-tech industry would be purged and suppressed, affecting future development. A number of Chinese science and technology stocks were sold off, and the Hang Seng Technology Index plummeted 3.75%;

The selling behavior also dragged down the Hang Seng China Enterprises Index by 3.2% yesterday. Hang Seng Index finally fell 2.79%. There are three steps in the market's spread of mainland supervision: "If you release it, you will be chaotic, if you are chaotic, you will receive it, and if you receive it, you will die." "If so,

Twenty-seven thousand will almost certainly fall.
 

The European Central Bank adjusted its medium-term inflation target to 2% or moderately above this target. The European Central Bank abandoned the previous statement of lower than but close to 2%, which is based on the actual inflation situation and a change in strategy.

Avoid vague impression of economic prospects and support indicators for changing the current monetary policy. European Central Bank President Lagarde even came out to explain the plan, saying that the new goal does not mean that the policy will be tightened eventually. The market believes that the European Central Bank is raising this time

Inflation indicators will support the longer-term monetary easing policy, and the euro rose slightly against the US dollar. The European Commissioner just pointed out on Tuesday that the COVID-19 variant virus strain is spreading all over the world, which will bring risks to the economic prospects. The voice just fell,

That is to say, it aggravates investors' worries about the global economic recovery and triggers the global stock market decline. Europe's three major stock markets went down significantly. The DAX index in Frankfurt, Germany fell by 1.77%, and the CAC in Paris, France was the most hurt, with a drop of more than 2%;

Britain's FTSE 100 index fell 1. 64%.

 
In terms of data, the number of people applying for unemployment benefits for the first time in the United States unexpectedly rose instead of falling last week. The newly released number was 373,000, which was worse than the market expectation of 350,000. Experts believe that although the number has rebounded, it has been since the outbreak

At the low point, the vaccination plan is progressing well, and some enterprises have just reopened their posts, such as the hotel industry in the hardest hit areas; There are obviously more vacancies in the market that have not been filled, and some recruitment positions may take longer

To implement the candidates and other factors, resulting in high figures, it is expected that the labor market will be further improved in the second half of this year. The atmosphere of the external stock market was poor, and the VIX index, which reflected the market sentiment, once soared by nearly 30%.

It can be seen that the market is uneasy about the economic prospects! New york stock market opened lower and closed lower, although after the employment data was released, the indexes of the three major US stocks rebounded slightly, and eventually they could not escape falling. Wall Street's three major indexes fell across the board yesterday,

Dow Jones index fell 0.76%, Standard & Poor's 500 index fell 0.83%, and Nasdaq index fell 0.72%. Yesterday, the gold market took on the earlier upward trend, with the highest rising to US$ 1,818. However, investors worried that the variant virus would affect the economic recovery.

The US dollar index dropped from a three-month high to 92.3 points. The number of initial jobless claims in the United States unexpectedly rose last week, which did not help the performance of gold prices. The price of gold, such as a deflated balloon, fell to a minimum of $1,794 yesterday and eventually rebounded to

1802 dollars closed, down 2 dollars.

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