Weekly

Xiebi.

2021-10-21

October 21st.

Today's volatility range:

Although the market expects that the Fed will start to reduce its bond purchases in November, it may still be some time before the interest rate hike, lagging behind other central banks. The British pound and the New Zealand dollar took the lead in rising against the US dollar on the premise of raising interest rates yesterday, plus.

European stock markets rose, depressing the performance of the US dollar, and the US dollar index hovered around 94 points. The downturn of the US dollar benefited the gold price, which rose above the resistance of US$ 1,778 yesterday. If it can stabilize and consolidate on it, it will challenge US$ 1,795.

Today, the suggested wave amplitude is between 1778 and 1792 US dollars, which falls below 1778 US dollars, stops corrosion at 1780 US dollars, and beats gold for 8 mosquitoes at 1770 US dollars, which is 4 times the value rate.

Liu He, Vice Premier of the State Council, said that there are some problems in the real estate market at present, but the risks are generally controllable, the reasonable capital needs are being met, and the healthy development of the real estate market will not change. Liu He's speech is obviously

The liquidity faced by domestic enterprises was relieved, and the news stimulated Hong Kong stocks to close higher. The Hang Seng Index rose by 1.35% again, which has risen for the fourth consecutive day. With the launch of the third quarter earnings season, supply chain problems are becoming increasingly tense, and the prices of various futures products.

Both are on the rise, investors are worried about the rising costs of enterprises caused by persistent inflation, and inflationary pressure is also formed in the plans of central banks around the world to withdraw quantitative easing stimulus plans, which is unfavorable to risky markets. However, there are also enterprises due to commodity prices.

Yesterday, because Nestle, the world's largest food manufacturer, announced its results, its coffee rose in the third quarter, but its sales still recorded strong growth, which pushed up the prices of other food stocks.

The three major European stock markets all rose, and the German DAX index rose by 0.05%. The CAC index in Paris, France rose by 0.54%; The FTSE 100 Index rose 0.08%. Undertake the performance of European stock markets, although the market worries about supply chain problems and makes enterprises operate.

Costs are rising, but the investment hopes that enterprises can pass on costs to consumers, thus maintaining profits. Investors bet that the third quarter results of American enterprises will be better than expected. The Dow Jones index reached a new high and closed up 0.43%. standard

The S&P 500 Index rose by 0.37%, which is also approaching the historical record. On the contrary, Nasdaq index fell 0.05%.

The first bitcoin exchange-traded fund in the United States was successfully listed on Tuesday, US time, which stimulated bitcoin to rise yesterday, rising above the historical high of US$ 64,870 in April, and once rose above US$ 67,000, closing at 3.02%.

Although the market expects that the Federal Reserve will start to reduce its bond purchases in November, there may still be some time before the rate hike, and the rate hike schedule lags behind other central banks. On the premise of yesterday's rate hike, the British pound and New Zealand dollar took the lead in rising against the US dollar.

Coupled with the rise of European stock markets, which suppressed the performance of the US dollar, the US dollar index hovered around 94 points. The downturn of the US dollar caused the gold price to gain. The gold price reached a low of US$ 1,767 yesterday, and rose to a maximum of US$ 1,789, which benefited from its interest rate hike expectations.

It finally closed at $1782, up $12.

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