Weekly

September 3 rd
 
Today's volatility range:

The employment data released by the United States yesterday was ideal, and the gold price was under pressure and ended in decline. However, the wait-and-see atmosphere in the gold market was still strong yesterday, with non-agricultural data as the focus of the market and investors' cautious attitude. Yesterday, the fluctuation was only USD 12.

The Federal Reserve paid attention to the influence of variant viruses on the performance of the job market and postponed the pace of raising interest rates. It is expected that 750,000 new jobs will be added in the non-agricultural market. Yesterday's employment data was biased towards Fed hawks, and tonight's response will be even greater.

Today, it is suggested to use $1,807 as the watershed. If you don't wear it, you can still make short-term speculation at $1,808 to $1,812. If you fall below $1,806, you will lose less than $1,800 and stop loss at $1,809, which is more than twice the value rate.
 

Yesterday, the Hong Kong Government cooperated with Lingzhan to distribute one kilogram of fragrant rice to the citizens who went to Lok Fu Plaza under Lingzhan for vaccination. Many citizens rushed to the shopping mall to get an injection, and they responded enthusiastically! But there are also disappointments.

For the returning citizens, all the funds for the same day had been sent out before 10: 30 in the morning. Carrie Lam Cheng Yuet-ngor, the chief executive, also took advantage of the fact that Hong Kong did not find any local or imported new Covid-19 cases, and told the public that she was accepting the mainland media.

During the visit, he expressed the hope to resume the "Easy Access to Hong Kong" scheme as soon as possible, and planned to allow mainlanders holding the "Easy Access to Hong Kong" in Guangdong to be exempted from quarantine upon arrival in Hong Kong, and was discussing with the Mainland and Macao to gradually resume the three places.

Cross-border residents. The local government also cooperated with Mrs. Lin's action. The "Guangdong-Hong Kong-Macao Greater Bay Area Shopping Festival" jointly organized by the Ministry of Commerce and the Guangdong Provincial Government and the Liaison Office of Hong Kong and Macao opened yesterday. This online shopping festival can serve as a platform for Hong Kong and Macao.

Resume warm-up activities in mainland China.

 
The epidemic situation in Hong Kong reappeared with zero diagnosis. In addition, Carrie Lam Cheng Yuet-ngor, the Chief Executive, introduced the "Easy to Come to Hong Kong" scheme to the media. As a result, Hong Kong stocks rose for three consecutive days and the Hang Seng Index rose 0.24% to close. The three major European stock markets rose across the board yesterday,

Inflation continued in the euro zone, with the producer price index released yesterday increasing by 2.3% month-on-month, and strong growth stimulated risk appetite. The DAX index in Germany ended its daily decline and rose by 0.10%. The CAC index in Paris, France rose by 0.06%;

The FTSE 100 Index rose 0.20%. The employment data released by the United States yesterday was ideal. The number of new jobless claims in the United States dropped to a new low of 340,000 since the outbreak of the COVID-19 outbreak in the United States, and so did the number of people who continued to apply for unemployment benefits.

It was the lowest since the COVID-19 outbreak. Employment is good for the investment climate, with the three major indexes on Wall Street rising across the board and the Dow Jones index rising by 0.37%. The S&P 500 Index and Nasdaq Index once again broke record highs and rose respectively.

0.28% and 0.14%.

 
Yesterday, the wait-and-see atmosphere in the gold market was still strong. In the European market stage, the gold price was declared ideal by the producer price index of the euro zone, while the US dollar index fell, and the gold price rose to a daily high of US$ 1,817. However, the United States announced the number of new jobless claims.

And the number of people who continue to apply for unemployment benefits all hit a new low since the outbreak of the COVID-19 epidemic in the United States. The ideal employment data made the gold price soften immediately. The gold price reached a minimum of $1,805 yesterday, but the market is still observing the non-agricultural data tonight.

The market fell, and finally closed at $1809, down $5.

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