Weekly

August 25 th

Today's volatility range:

The situation in the Middle East continues to be tense, and the Taliban organization warned the United States not to extend its withdrawal from Afghanistan, otherwise the Taliban will take action. Geopolitics continues to threaten global security, and the safe-haven value of gold continues to be magnified.

However, the epidemic situation and economic data in the United States each saw the US dollar index, which narrowed the volatility of the gold market to less than US$ 10 yesterday, which also reflected the importance of the US$ 1800 mark. It is expected that the price of gold will still be consolidated at a high level under long and short competition today.

The suggested amplitude is between 1795 and 1810.

According to media reports, the Chief Executive, Carrie Lam Cheng Yuet-ngor, continued to urge enterprises to follow the government's practice, force employees to vaccinate or take regular self-funded tests before starting work, and put the "same-day" vaccination arrangement for the elderly in COVID-19.

Expanded to students aged 12 or above, but some citizens criticized the current government, saying that all the offspring now know how to apply online, which is really a Mao whole cake; There are also representatives from the business sector who oppose the compulsory vaccination of employees. Instead, there are medical circles

Some people say that tightening the exemption arrangement is the king. Because of the rebound of the global COVID-19 epidemic, if someone applies for exemption from entry under the "Easy Return to Hong Kong" scheme, the relevant government departments should check the itinerary of such people after arriving in Hong Kong and should also consider the applicant

Exemption permits will be issued only in the living environment of the people's Republic of China, otherwise the virus will flow into the community more easily.

The leading stocks of Kewang retaliated greatly, and generally rose by 7% to 9%. The Hang Seng Science and Technology Index rose by nearly 7.5% yesterday, driving the Hang Seng Index to rise by 618 points or close by 2.46%. Germany announced its second-quarter GDP, which grew by 1.6% quarter over market

The expected 1.5% is good. The three major European stock markets developed independently yesterday, and the German index index rose by 0.33%; The index of Chengdu Aircraft Company in Paris, France fell by 0.28%; The FTSE 100 Index rose 0.24%. The US House of Representatives decided to speed up the consideration of Biden's $1 trillion

The cross-party infrastructure draft, the news is good for the future, the three major indexes of Wall Street rose across the board yesterday, and the Dow Jones index rose by 0.09%; The S&P 500 index rose by 0.15%; Nasdaq index rose 0.52%, generating a new high for two consecutive days.

With an average of 100,000 new cases in the United States every day, investors are concerned that the COVID-19 variant virus will slow down the economic recovery in the United States.

However, Pfizer's Fubitai vaccine was approved by the US Food and Drug Administration and upgraded from emergency use to full approval; This will make the society have a greater recognition of vaccines, and help encourage more American citizens to be willing to receive vaccines.

The effect of group immunity can be achieved earlier. The US dollar index weakened to close to 92.8 after the announcement of the vaccine news, but the new home sales in the United States announced later rebounded after falling for three months, which was better than expected and stimulated the US dollar index to rebound to 92.85.

The situation in the Middle East continues to be tense, and the Taliban organization warned the United States not to extend its withdrawal from Afghanistan, otherwise the Taliban will take action. Geopolitics continues to threaten global security. In the early days of gold, the highest price of gold was $1,810 yesterday. But the American epidemic and

The economic data saw their own, and the lowest price of gold was $1801. Yesterday, the volatility narrowed to less than $10, and finally closed at $1803, down $2.

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