Weekly

July 22 nd
 
Today's volatility range:

The price of gold rose first and then fell yesterday. The stock market was built, and funds flowed into the stock market from the bond market. The yield of the US 10-year government bond rose to nearly 1.3%, and the yield continued to rebound and suppressed gold

Performance of investment instruments that do not earn interest. The gold price is weak, and investors are waiting for the Fed to announce the interest rate decision at 2 am on the 29 th of this month. The gold price will fluctuate downward and have the opportunity to test again

Under the support of $1800. Today's proposed amplitude is between 1792 and 1812. In addition to inflation and employment data and the results of the Fed's interest rate decision, investors may need to observe the money supply more macroscopically.

The Republican Party and the Democratic Party of the United States are fighting over the infrastructure bill proposed by US President Biden. The Republican Party hopes that the voting will be postponed from yesterday Wednesday to next Monday. Until the present moment,

The two parties still cling to the question of where the money comes from, and believe that the session will continue on its own. In addition, the battlefield between the two parties will be extended, because the US debt ceiling will expire on July 31, and Congress has so far

Without a clear solution, it means that the US federal government will soon face a debt default and cannot issue new debts to promote the economic crisis.

President Xi Jinping put forward the idea of not speculating in housing. Shenzhen, as the hottest region in the country, has a large number of talents from science and technology companies, and these high-paid high-tech employees also earn a lot of money, and the housing supply is insufficient.

It is solved by money, and the rising rent supports the property price, so Shenzhen's house price has always led the whole country. The state strictly controls housing prices in Shenzhen and Shenzhen. Earlier, it cracked down on intermediary violations, and second-hand transactions plummeted by 70%.

Shenzhen real estate intermediary companies are closing down. However, because the current land price in Shenzhen is still high, even if the developer doesn't make money, the property price will hardly fall sharply. The mainland's regulation of developers' leverage is not intended to punish them.

Instead, I want more funds to enter the real economy instead of speculating in housing. Therefore, the People's Bank of China lowered the RRR earlier, but the quoted interest rate in the loan market remained unchanged at 3.5%. I hope that the bank's lending business can

Reduce mortgage loans and suppress the hot property prices.

 
Hong Kong, which is just across the river from Shenzhen, has a rare anecdote in the real estate market. The mortgage application for uncompleted flats of China Evergrande's three residential projects in Hong Kong has been rejected by some large banks. Some mortgage consultants believe that the bank is expected to do so

Considering the credit risk of the developer, due to the debt default of Evergrande reported by the market, some matured bonds were not redeemed from the lending bank. The external stock market is good, Hong Kong stocks are while you are alone and helpless and poor, and Hong Kong Hang Seng Index yesterday

After a slight increase, it quickly fell. It once fell more than 1% in early trading. It once fell below the 250 antenna commonly known as the boundary between cattle and bears and fell below 27,000 points. However, it slowly recovered some of the lost land of Hong Kong stocks, and the Hang Seng Index fell another 0.13%

Closing. The performance of European companies is ideal and the market atmosphere is hot. The three major European indexes have risen for two consecutive days, and the German DAX index has risen by 1.36%; The CAC index in Paris, France rose by 1.85%; The FTSE 100 Index rose 1.70%.

The Wall Street stock market also rose for the second consecutive day, mainly driven by the ideal performance of enterprises. Yesterday, the three major indexes of Wall Street rose in an all-round way, the Dow Jones index rose by 0.83%, the Standard & Poor's 500 index rose by 0.82%, and the Nasdaq index rose

0.92% closed. After the stock market was established, funds flowed into the stock market from the bond market, and the price of US 10-year Treasury bonds fell again, and the yield of 10-year Treasury bonds rose to nearly 1.3%. Gold rose to a daily high of $1,814 early yesterday.

However, European stock markets rose sharply, and the price of gold was under pressure. The lowest price of gold was $1,795 yesterday, and finally rebounded to $1,803 to close, down $7.

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