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obvious mistakes or shortcomings

2021-09-14

September 14th.
 
Today's volatility range:

The virus still threatens the pace of global economic recovery, but the global central bank cannot keep loose monetary policy under the pressure of inflation, and the inflation in the United States continues to heat up, which has already exceeded the standard. Yesterday, the Federal Reserve Bank of New York issued a monthly report.

According to the inflation survey report, consumers expect to keep heating up for 1 year and 3 years, and both figures have reached new highs since records began in 2013. The core consumer price index for August will be released today in the United States, and the market is expected to rise by 0.3%.

Testing the Fed's inflation is only temporary. The gold price is still in the callback state of a wave of rebound after the great adjustment on August 9, and the resistance and support of the gold ratio of 0.236 and 0.382 were tested, which was unbreakable yesterday.

The market is concerned about the price index reflecting inflation. It is expected that the gold market will continue to fluctuate today, but the short-term target is unchanged at US$ 1,778, and the suggested volatility is between US$ 1,778 and US$ 1,800.
 

Just mentioning the policy market yesterday is a serious injury to the China Stock Exchange. The Central Government has constantly proposed to govern all trades and industries in the Mainland, creating many restrictions for mainland enterprises and hitting the free growth of the market. The Ministry of Industry and Information Technology made another move yesterday.

In order to prevent monopoly, I made an appointment with several large Internet providers and proposed that before this Friday, each company should remove the function of blocking links on the Internet platform, that is, users cannot be restricted from sharing links of other companies;

In the past, in order to crack down on competitors, the hyperlink function would fail when the related products of competitors were mentioned in the links, and users would need more time to open the links. The Ministry of Industry and Information Technology responded to the rectification and said that it was interconnected.

Interoperability is an inevitable choice for the high-quality development of the Internet industry. Only by allowing users to use the Internet smoothly and safely and improving their physical examination can they win user recognition and promote the formation of a good environment for Internet development.

Only in this way can the platform develop better. The relevant network providers also indicated that they would implement the guidelines in stages and step by step. In short, if they want to continue doing business, they must follow the instructions of the CPC Central Committee.


 
It should be a good thing for users to remove the blocking of Internet platform links, because it is really convenient. For network providers, while removing some competitive advantages, there are new opportunities, and messages should be neutral.

However, all the leading internet markets that participated in the meeting of the Ministry of Industry and Information Technology fell yesterday, reflecting that investors are afraid of the uncertain risks brought by the central policy. Hang Seng Index once again fell below the 26,000 mark, dropping nearly 400 points or 1.5% to close.

Two weeks after Hurricane Ida hit the Gulf Coast of the United States, a new storm hit the Gulf of Mexico. The market worried that it might affect oil production, and the oil price rose, and the European oil shares were well established, which led to the overall market.

The three major European stock markets rose across the board, and the German DAX index rose by 0.57%; The CAC index in Paris, France rose by 0.20%; The FTSE 100 Index rose 0.56%.


 
Similarly, affected by the news of oil supply, the international oil price rose to a high level in six weeks, which stimulated the US energy stocks to make good, and supported Dow Jones index and S&P 500 index to get rid of the continuous five-day decline, rising by 0.76% and 0.24% respectively.

The Nasdaq index fell for four consecutive days, and then lost 0.07% to close. The Federal Reserve Bank of New York released a monthly inflation survey report, which showed that the median inflation expectations of consumers for the next year rose for 10 consecutive months in August, rising 0.3% month by month to.

The annual rate reached 5.2%, while the median inflation expectation in the next three years rose to 4%, both of which reached a record high since 2013. Yesterday, the price of gold in Europe and Asia was still long and short, with the lowest price reaching $1,784.

When the US market opened, the US dollar softened, and the US dollar index returned to 92.57. Many bulls tried to break through the US$ 1,800 mark, and the highest rose to US$ 1,798. However, the market was concerned about the price index reflecting inflation, and many bulls did not dare to make excessive progress.

It finally closed at $1,793, up $7.

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