Weekly

The party is not over

2021-07-29

July 29 th

Today's volatility range:

Investors bet on the Fed to release pigeons during the Asian market yesterday, and the price of gold rose early. However, after the announcement of the interest rate decision, the US dollar index fluctuated greatly, and the price of gold fell as low as US$ 1,793. Federal Reserve Chairman Powell released pigeons.

It indicates that there is a willingness to discuss the purchase of assets, but there is no timetable. The price of gold once surged to $1,810 through this big transaction, and finally closed at $1,807, rising by $8. The Fed continues to release pigeons, and Powell said that it will be in the future

Only by continuing to assess economic progress at several meetings can we make further plans. The music of printing money is still ringing, the party is not over, and there is still room for improvement in the short-term price of gold. Today, it is suggested that the amplitude should be between 1810 and 1820. After the breakthrough, the extended rising space can be seen as the last wave crest of 1824.

Financial Secretary Chen Maobo visited Sham Shui Po last week? Households and elderly people living in public housing later made comments in the blog, arguing that the housing problem in Hong Kong must be stirred up, and the solution to the dilemma must be shortened

Medium-and long-term supply, simplify the procedures for applying for land system, and drastically increase long-term supply and establish land reserves by means of reclamation, with the goal of saying goodbye before 2049? Room. Director Chen is also known as "? Room wave ",

Now he has made a grand plan to solve the difficulties, regardless of why he suddenly made great efforts, outperformed many Hong Kong governors and won all four chief executives. He alone "? It is worth encouraging to feel that today is not yesterday. Once upon a time, the Hong Kong real estate market provided

Opportunities for Hong Kong real estate developers to become world-class billionaires, mainland developers have followed suit, and housing prices in the first-and second-tier regions of the mainland have soared. Finally, the president of the country has gathered attention and put forward the concept of housing speculation. Recently, the mainland has stepped up

To rectify the real estate industry, the regulatory authorities gave guidance to key real estate enterprises. In addition to the three red lines to control the risk, they also required that the amount of land purchased in the future should not exceed 40% of the annual sales, and the developer should turn the goods in the future

It's not easy. The mainland government has repeatedly regulated different industries, which is also the reason for the recent weakness of Hong Kong stocks.

After Black Monday, Hang Seng Index rebounded by 387 points yesterday and closed at 25,086 points, up 1.54%. Although the British epidemic rebounded, the UK still opened its partial immigration policy, allowing the United States and a large number of European Union from next Monday

People in the tourism industry welcome residents from member countries entering the UK without isolation. The three major European indices rose across the board, and the German DAX index rose by 0.33%; The CAC index in Paris, France rose by 1.19%; The FTSE 100 Index rose 0.29%.

Alphabet, Gu Ge's parent company, announced its results yesterday, with a big increase in turnover and profit, leading the Nasdaq index to rise by 0.70%. However, the new york stock market was mixed, with Dow Jones index falling by 0.36% and Standard & Poor's 500 index falling by 0.02%.

As expected by the market, the Federal Reserve announced this morning that the benchmark interest rate will remain unchanged at 0% to 0.25%, which is in line with the market forecast. In the statement of the Open Market Committee, it decided to maintain the current bond buying scale of at least 120 billion US dollars per month.

Including 40 billion U.S. dollars of institutional mortgage-backed securities, and stressed that members will continue to monitor the impact of follow-up information on the economic prospects when assessing the monetary policy stance. The statement did not mention any timetable for reduction.

Once the foreign exchange market was over-excited, the US dollar index rose sharply by 20 points to 92.75, then cooled down enthusiastically and retreated to 92.24.

Federal Reserve Chairman Powell kept releasing pigeons, saying that the virus still threatens the US economy, and the economy is still far from making progress at this stage. He stressed that the labor market has not yet grown, although he is considering the willingness to buy assets.

He thought that the reduction of debt purchase and institutional mortgage-backed securities would be carried out simultaneously, but stressed that there was no timetable for debt reduction. Powell added that he would continue to evaluate economic progress in the next few meetings before making further plans, and it was not the time to raise interest rates.

Investors bet on the Federal Reserve to release pigeons during the Asian market yesterday, and the price of gold rose early. However, after the announcement of the interest rate decision, the US dollar was like a stimulant, which immediately lowered the price of gold to US$ 1,793. However, Federal Reserve Chairman Powell expressed his willingness to discuss the purchase of assets.

However, there is no timetable, and the lack of new ideas has cooled the enthusiasm of the US dollar. The price of gold once surged to 1810 dollars, and finally closed at 1807 dollars, rising by 8 dollars.

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