Weekly

October 27th.

Today's volatility range:

The U.S. economic data performed well, and the American Consultative Conference Consumer Confidence Index released yesterday reversed the contraction last month and regained growth. The sales volume of new homes in the United States is also better than market expectations, indicating that the economy is improving and consumers are regaining confidence.

Be optimistic about income prospects and be willing to invest in longer-term real estate. The data stimulated the US dollar index to rise, and the price of gold retreated to rise at an early date, but the price of gold remained at the mid-line of the return area at the end of September, which is still the same sentence and should not be too weak.

Today's suggested volatility is between $1782 and $1804. Investors have turned their attention to the results of interest rate discussions by several central banks around the world. The Bank of Japan and the European Central Bank will hold a policy meeting on Thursday, followed by the Bank of Canada, which is geographically close.

And next week's policy meeting between the Federal Reserve and the Bank of England.

Exemption from quarantine personnel has become the biggest loophole in epidemic prevention in Hong Kong. Since the pandemic in Covid-19, people who are immunized have been diagnosed with rashes from time to time, causing panic in the community. Fortunately, Hong Kong people are well prepared for epidemic prevention so as not to be captured by the virus. And from the medical profession.

Many voices have asked the government to tighten quarantine exemption conditions, but the Hong Kong government just turned a deaf ear! At the beginning, the Chief Executive explained it for different reasons, either because of humanitarian reasons, or because Hong Kong is a highly open commercial area.

It could not affect businessmen's exchanges and other reasons, which eventually closed the open Hong Kong to the mainland. In hindsight, the Hong Kong Government strives to resume customs clearance with the Mainland. Yesterday, it announced that most groups exempted from quarantine entry would be abolished, and pilots and crew members would also.

Tightening insurance, finance and top management of listed companies, etc.

Hong Kong stocks failed to undertake the rising trend of US stocks to a new high every other night, and Hang Seng Index softened. The turmoil of default by mainland real estate enterprises has come and gone. Evergrande unexpectedly paid a overdue interest last week. Yesterday, it was reported that one more domestic real estate company was involved in debt default.

The People's Bank of China continued to provide liquidity through one-day reverse repurchase, but it still failed to boost market confidence. The net outflow of Beishui was 2 billion yuan, and the Hang Seng Index fell 0.36% on Tuesday, narrowly keeping the 26,000 mark. In Europe, there are enterprises in business one after another.

Period to hand over good results, market sentiment gradually optimistic, support the risk market. The three major European stock markets rose across the board, and the German DAX index rose by 1.01%. The CAC index in Paris, France rose by 0.80%; The FTSE 100 Index rose 0.76%.

With the satisfactory performance of many large enterprises and favorable investment climate, and the outstanding performance of US economic data, the three major indexes on Wall Street recorded an increase across the board, and the Dow Jones Index and the Standard & Poor's 500 Index broke the peak again, rising by 0.04% respectively.

And the Nasdaq index also rose for two consecutive days, closing up 0.06%.

The U.S. economic data performed well, and the American Consultative Conference Consumer Confidence Index released yesterday reversed the contraction last month and regained growth. The sales volume of new homes in the United States is also better than the market expectation, which shows that the economy is improving, consumers are regaining confidence, and they are worried about income.

Keep an optimistic outlook and be willing to invest in longer-term real estate. The data stimulated the rise of the US dollar index, which broke through 94 points and hit the gold market. The highest price of gold yesterday was US$ 1,808, the lowest price was US$ 1,782, and finally it closed at US$ 1,793.

15 dollars down.

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