Weekly

August 4 th

Today's volatility range:

Investors wait and see the non-agricultural data of the United States this week, and the price of gold has repeatedly declined in the depressed market. The RBA announced the results of interest rate decision yesterday, saying that it would reduce its bond purchase plan. There are very small agricultural data tonight,

This is the employment data closely watched by the Fed; If the value goes, do Fed officials have enough courage and courage to follow Australia's pace only by tonight's data, and ignore the new normal of virus coexistence?  

Last week, the price of gold broke through the psychological barrier of $1,800, but there was obvious resistance at $1,830. Yesterday, the volatility was only $8, and the market situation was relatively dull. Tonight, the small non-agricultural data will reverse this situation.

Today, the proposed amplitude is between 1802 and 1820.

Yesterday, before the opening of the Hong Kong stock market, the electronic newspaper of Xinhua News Agency in the Mainland severely criticized online mobile games and published an article entitled "Spiritual Opium has grown into hundreds of billions of industries", with "spiritual opium" and "electronic drugs"

Such as severe criticism of the impact of online games on minors, even named Tencent. Although the official media later removed and re-shelved their articles, they deleted the more severe words; However, Tencent issued a document yesterday, saying that it has pushed a number of measures

Shi aims at the problem of minors' addiction. Tencent's share price has plunged nearly 11% at most. The mainland once again intervened in the economy, and Hong Kong stocks did not operate. The prevailing regulatory culture not only scared foreign investment, but also scared away mainland funds. Hong Kong Stock Connect recorded a net yesterday

It sold 4.94 billion yuan, and Beishui's net outflow exceeded 50.2 billion yuan for 12 consecutive days. Hang Seng Index fell another 461 points yesterday, and the closing decline narrowed to 41 points or 0.16%.

Affected by mergers and acquisitions and performance news, the three major European stock markets developed individually last week, and the German DAX index fell 0.09%; The CAC index in Paris, France rose by 0.72%; The FTSE 100 Index rose 0.34%. Investor anxiety variant

Covid-19 affects economic growth, but the performance of US stock companies is strong. The three major indexes on Wall Street first fell and then rose, and the Dow Jones index approached the historical high, rising 0.80%; The S&P 500 index rose by 0.82%; Nasdaq index rose 0.55% to close.

The Reserve Bank of Australia announced the interest rate decision yesterday, keeping the benchmark interest rate unchanged at 0.1%, which is in line with market expectations. However, the Reserve Bank of Australia has released an eagle, saying that COVID-19's vaccination plan is ideal and has contributed to economic recovery. It is expected that the economy will be in 2022

The growth rate is slightly higher than 4%, and the economic growth in 2023 is about 2.5%. On the other hand, in evaluating employment situation, the RBA also prefers to be positive. It is expected that the unemployment rate will continue to decline, falling to 4.25% by the end of 2022, and then to 4% by the end of 2023.

Under the potential inflation of salary in 2022 and 2023, it will reach 1.75% and 2.25% respectively. Based on the increasingly ideal economy, the Reserve Bank of Australia indicated that it will reduce its bond purchase plan; Before the beginning of September, the RBA will continue to work every week

Buy government bonds at a rate of 5 billion Australian dollars, and buy bonds at a rate of 4 billion Australian dollars per week until mid-November. The news sent the Australian dollar up against the US dollar.

Waller, director of the Federal Reserve Board of America, warned that if the employment data in the United States remained strong, he supported the Fed to withdraw quantitative easing measures as soon as possible. However, at the end of last month, a group of British scholars jointly published an article on July 30 to warn that it was almost the same

There will definitely be a variant virus strain in Covid-19 that will cause the existing vaccine to fail. Although this article is only an early study and theoretical, this analysis has not been peer reviewed, but it is shocking enough! And Fed officials

Just rely on the recent labor data to improve and ignore the new normal of virus coexistence? Do they have enough courage and courage to follow the pace of Australia? This is a mystery! But tonight, there are small and very farmers, and the Fed has passed first

Let's talk about it! Gold prices fell yesterday, and investors watched the non-agricultural data of the United States this week. The performance of gold market was dull, with the highest and lowest prices being $1807 and $1815 respectively, with a volatility of only $8. Gold closed at $1810, down $4.

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