Weekly

Great decline in net worth.

2021-10-28

October 28th.

Today's volatility range:

In the absence of important economic data in the market, investors have turned their attention to several central bank meetings around the world. The Bank of Japan and the European Central Bank will hold policy meetings on Thursday, and the Federal Reserve and Bank of England policy meetings next week.

The Bank of Canada announced the end of the quantitative easing policy, but kept the key interest rate unchanged. The news once lowered the price of gold by $14, but it finally closed higher. The gold price will test the rising mid-line of the return area at the end of September.

At 1768 and 1808 dollars. Today, it is suggested that the volatility should remain at 1782-1804 US dollars.

The media reported that the National Development and Reform Commission held a meeting with some mainland real estate enterprises and listened to the operation and foreign debts of the participating enterprises, mainly asking the developers to actively repay their debts and try their best to avoid default; It is said that Evergrande Group last week.

Unexpectedly, having money to pay the overdue interest of the first installment was the credit of the mainland regulatory authorities, urging Xu Jiayin, founder of China Evergrande, to use his personal fortune to pay his debts, and he could not be excused as a different legal person. The Chinese government has made a series of moves,

It is still unknown whether the poor can get rid of poverty under the common prosperity policy, but the assets of the rich have been lowered first. According to the Hurun Rich List in the Mainland, the online media tycoons in the Mainland, Shuangma: Ma Huateng and Ma Yun, have shrunk greatly and fell respectively.

And 35%, Qiqi fell out of the top three position.

The United States attacked mainland enterprises again, and China Telecom and Baifu Global became targets. Sino-US relations caused market panic. In addition, the mainland epidemic began to spread in the north, and Hong Kong stocks were under pressure yesterday. The Hang Seng Index fell by more than 400 points or 1.57%.

Before the end of the period, it fell below the 26,000 mark, and Beishui invested 2.2 billion yuan. In Europe, one after another, some enterprises announced their performance, but yesterday's performance was mixed, the hot market sentiment cooled, the three major European stock markets fell across the board, and Germany's DAX index.

0.33%; France Paris CAC index fell 0.19%; Britain's FTSE 100 index fell 0.33%. The price of crude oil dropped significantly, which caused the market to worry about the economic prospects. In addition, the yield of US Treasury bonds dropped, and traditional cyclical shares.

If the bank stocks fell, the three major indexes on Wall Street generally fell, Dow Jones index and Standard & Poor's 500 index broke the peak again, rising by 0.74% and 0.50% respectively, and Nasdaq index was supported by long-term interest decline.

Fortunately, the market closed up by 1%, barely saying it rose for three consecutive days.

The gold market fell repeatedly in the early part of yesterday, while the European market stabilized and the US market rebounded. In the absence of important economic data in the market, the price of gold fluctuated yesterday, reaching a minimum of $1,784. After that, the US dollar index fell, and the price of gold was supported and stabilized.

In the United States, the central bank of Canada announced the end of the quantitative easing policy, but kept the key interest rate unchanged. When the news came out, it shocked the market, and the fluctuation reached US$ 14. After the news was digested, the gold price regained its upward trend, reaching a maximum of US$ 1,799.

Finally, it closed at $1,797, up $4.

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