Weekly

On October 15th.

Today's volatility range:

Fed officials have indicated that inflation has already reached the target set by the Federal Reserve, but the only difference is employment data. Last night, the US Department of Labor announced the number of people applying for unemployment benefits for the first time last week, and the number dropped below 300,000 for the first time.

Since the outbreak of the new crown virus. The data further pushed up the possibility that Fed officials could start to reduce the possibility of buying bonds as early as mid-November. The monthly increase of producer price index in the United States was slightly lower than expected, but on a yearly basis.

The record rose by 8.6%, and the price of gold continued to play an anti-inflation role yesterday. Gold price was consolidated at a high level yesterday, and resistance of $1,800 was tested again. Maintain yesterday's suggested volatility between $1778 and $1808.

Chinese Premier Li Keqiang said that China's economic recovery is bumpy and uneven in development, and the country will implement a number of policies to overcome the challenges it faces. However, he said that the current Chinese economy is still.

Maintain a stable operation and keep the main macroeconomic indicators in a reasonable range. In conclusion, he is optimistic about the resilience and vitality of China's economic performance, and China's economy can maintain long-term growth. After Typhoon Compass hit Hong Kong, it was the Double Ninth Festival holiday.

Hong Kong stocks have two consecutive days off. The global oil supply is in short supply. The International Energy Agency released a report, which estimated that under the shortage of natural gas in Europe and Asia, the oil demand increased by about 500,000 barrels per day due to the soaring gas price in the next six months, which made the oil supply short.

Further expansion, rising crude oil prices have also brought pressure to European enterprises. Yesterday, it was reported that EU leaders might approve the energy crisis assistance plan, so as to avoid the efforts to gain momentum in the virus pandemic.

Thanks to the subsidy news and the optimistic performance of the market, the three major European stock markets rose for two consecutive days, and the German index rose by 1.40%. The index of Chengdu Aircraft Company in Paris, France rose by 1.33%. The FTSE 100 Index rose 0.92%. US Department of Labor last night.

Last week, it was announced that the number of people applying for unemployment benefits for the first time dropped to 293,000, which was better than the market expectation. This figure also dropped below 300,000 for the first time since the outbreak of the new coronavirus. Another data is the US producer price index,

It grew by 8.6% year-on-year, which was 0.2% longer than that of last month, reflecting the problem that inflation continued to grow due to tight supply. Yesterday, a number of American banks announced their results, and the results were satisfactory. In addition, the number of people applying for unemployment benefits for the first time in the United States fell for the first time.

Below 300,000 yuan, under the double positive news, investors sought after the risk market, the three major indexes on Wall Street surged, and the Dow Jones index rose 1.56%; The S&P 500 Index rose by 1.71%; Nasdaq index, up 1.73%. American producer price.

The monthly increase of the index was slightly lower than expected, but it rose by 8.6% year-on-year, and the gold price continued to play its anti-inflation role yesterday. The gold price was consolidated at a high level yesterday, and the resistance of $1,800 was tested again. The lowest price of gold yesterday was $1,787.

See $1801 at the highest, and close at $1796, up $3.

For detailed analysis and operational suggestions, please click on the following link to join the group and check with the administrator.
https://t.me/mingtakchat