Weekly

August 31 ST
 
Today's volatility range:

The United States completed its withdrawal from Afghanistan one day earlier, and its risk aversion cooled down. The price of gold dropped from a high level yesterday. Global quantitative easing has seen the end, and the US contraction will definitely start before the end of this year, only the remaining range

However, the Federal Reserve is still concerned about the impact of the mutant virus on the performance of the job market, delaying the pace of raising interest rates. The market also observed this week's non-agricultural data, which limited the volatility of the gold market. The gold price narrowed to $15 yesterday.

Low interest rate is beneficial to gold, a non-interest-bearing investment tool. However, with non-agricultural data this week, employment performance will affect the Fed's schedule of reducing debt purchase, which is expected to fluctuate within a narrow range today. Today's proposed volatility is

Between 1806 and 1820.

 
The mainland has ruled the country in a tiger-mother way. Earlier, it has made constant moves to strengthen the supervision of tutoring, take-away food delivery, medical care and other industries. It even criticized Tencent's online games by name, and Tencent responded positively.

It means that many measures have been pushed to solve the problem of minors' addiction. Yesterday, the mainland made further regulation. Apart from providing game services only for users who registered and logged in with real names, it also strictly restricted the provision of networks to minors

The time of game service requires that all online game enterprises can only provide one-hour online game service to minors from Friday to Sunday and from 8: 00 pm to 9: 00 pm on statutory holidays. The Ministry of Education also requires fewer schools

Examinations can't rank students, and they can't differentiate students by elite classes. It can be said that the central government has tried its best to train the future pillars of our country, but the market has not appreciated the new economic model and reduced its holdings of China Stocks

Respond.

 
On the settlement date of futures index yesterday, Hong Kong stocks rose repeatedly, and Hang Seng Index closed at 25,539 points, up 131 points, or 0.52%. However, some people in the securities industry said that under the double attack of the variant COVID-19 epidemic and the domestic regulatory storm, plus the country

President Xi Jinping's concept of "common prosperity" also disturbed the market, and the performance of the local stock market may be even worse in September. Germany's harmonized consumer price index continues to rise, and the overall annual inflation rate has risen beyond the allowable expectations of the European Central Bank

More than 2%, indicating that Germany outperformed other euro zone countries in economic recovery. European stock markets generally improved yesterday, and Germany's DAX index rose by 0.22% yesterday; The CAC index in Paris, France rose by 0.08%; The UK stock market is closed for holidays.

Last week, Federal Reserve Chairman Powell put a pigeon in the annual meeting of the global central bank, saying that there is still a long way to cut interest rates. Low interest rates are more conducive to technology stocks with high market profitability, and technology stocks are sought after. The three major indexes on Wall Street developed individually yesterday.

Dow Jones index fell 0.16%; The S&P 500 index rose by 0.43% and broke the top again; The Nasdaq index rose 0.9%, also a record high.

 
The gold market fell from a high level yesterday. Bombings continue to occur in Kabul, the capital of Afghanistan. The price of gold is approaching the high of this month in Asian cities, reaching a maximum of $1,823. However, the United States completed its withdrawal from the gold price one day earlier, ending the war in Afghanistan for 20 years.

The risk aversion cooled, and the price of gold dropped repeatedly, reaching a minimum of $1808. The market was observing this week's non-agricultural data, and the volatility narrowed to $15 yesterday, and finally closed at $1810, down $7.

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