Weekly

October 26th.

Today's volatility range:

The global supply chain appeared a bottle neck, which further accelerated the possibility of the rise of the price. The anti-inflation function of the gold price was brought into full play again. In addition, the yield of the 10-year national debt was lowered, and the gold price stabilized obviously. At the end of September, it returned to the rising middle line of the region.

Yesterday, it weighed $1810 again. Today's suggested volatility is between $1794 and $1818.

Set the chairman said housing is not fried! In order to suppress rising property prices, the central government used three red lines to curb excessive borrowing by mainland real estate companies, which finally stirred up Evergrande Group and caused a storm of default, although Evergrande unexpectedly paid before the death line.

One-time overdue interest, to avoid real default, has forced the enterprise to transform, saying that with the goal of 10 years, it will slowly shift from real estate development to research and development of new energy vehicles. Whether Evergrande can successfully transform is unknown, but the State Council.

Aware that there can be no accident of the second interior housing enterprise, it has avoided shaking the whole financial system, implying that it will increase liquidity. At that time, I am afraid that once the market is loosened, the property price will rise again, and all previous efforts will be wasted.

The policy of killing two birds with one stone will introduce property tax in specific cities, restrict real estate speculation, and then plan to subsidize the first-home buyers, and support these shellless snails to get on the bus, so that some risks will be transferred from the interior enterprises to the users.

Yesterday, Hong Kong stocks were stable again and again, and the mainland will carry out real estate tax reform pilots in some areas. In addition, the market spread that Beijing summoned some high-level housing enterprises to hold meetings, and most of the domestic housing stocks fell except Evergrande Group. HSBC Holdings in the third quarter of this year.

The profit before tax rose by 75.7%, far exceeding the expectation. Unfortunately, the announcement of no dividend made the minority shareholders disappointed. Hang Seng Index rose above 0.02 yesterday. In Europe, investors observe the UK budget and expenditure review, the European Central Bank's interest rate meeting,

As well as the performance of the upcoming major enterprises, the market is cautiously optimistic, and the three major European stock markets are developing individually, with the DAX index of Germany rising by 0.36%; France Paris CAC index fell 0.31%; The FTSE 100 Index rose 0.25%. along with

More blue chips and enterprises from other countries announced good news. Tesla posted an impressive performance last week, and announced yesterday that it would increase the price of its four cars. It was also awarded the monthly target of raising the stock price by the big bank. Tesla's share price has soared by more than 15%.

It closed at $1,024.86, and its market value exceeded $1 trillion!

Investors look forward to other companies' satisfactory quarterly results, and the market atmosphere is even hotter. All three Wall Street indexes have risen, and Dow Jones index has closed up 64 points or 0.18%. The Standard & Poor's 500 Index broke its peak again, rising 21 points or 0.47%;

Nasdaq index closed up 136 points or 0.9%. It is worth noting that Facebook also announced its third-quarter results after the US stock market closed. Although the overall quarterly revenue was lower than the market forecast, the advertising revenue increased by 33% year-on-year to 28.28 billion.

The net profit for the first three quarters was 9.194 billion dollars. The US dollar stopped its decline, coupled with continued inflation, which further pushed up the bond price. The yield of US 10-year Treasury bonds dropped from 1.7% to 1.63%. Yesterday, the price of gold was anti-inflation.

Once again, the price of gold hit another $1810 yesterday, and finally closed at $1808, rising by $15.

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