Weekly

On November 3rd.

Today's volatility range:

Yesterday, investors took a wait-and-see attitude, and the volatility of the gold market narrowed. This trading day is a super data day, and the small non-agricultural data of the United States will be released tonight. In addition, the Federal Reserve will announce the results of interest rate decision tomorrow morning.

Although the market expects the Federal Reserve to announce a reduction in debt purchase, the data is still the focus of the market. Today's suggested volatility is $1770 to $1792.

The General Administration of Customs of the Mainland announced at the end of last month that starting from December 1 this year, it will no longer issue GSP certificates of origin for shipment to 32 countries including the European Union, Britain, Canada, Turkey and Ukraine.

The reason is that these countries no longer give preferential treatment to China's GSP tariff. Since President Xi Jinping said that Chinese people's income has entered the era of a well-off society in an all-round way, and that China's economy has been divorced from the situation of developing countries,

Entering middle-income countries, it is normal for the countries concerned to revoke the non-reciprocal preferential tariffs, which will have an impact on China's economy and is also a painful phenomenon. Retail sales in Hong Kong rose by 7.3% in September, far below the market.

Expected 11.9%. Some economists think that although retail sales are slowing down, the coupon scheme will also provide growth momentum for the next few years, but it may not be sustainable after next year, because it is expected that some citizens will make the future money first.

5,000 yuan of the plan has been used up.

The performance of Hong Kong stock market is still weak. Yesterday, the Hang Seng Index fell 0.22% again, and the 25,000-point mark was crumbling. In Europe, temperatures in many countries have turned cold, causing the European epidemic to rebound, coupled with German manufacturing procurement.

Managers' index performance was lower than expected, and the three major European stock markets developed individually. Germany's DAX index rose by 0.94%. The CAC index in Paris, France rose by 0.49%; Britain's FTSE 100 index fell 0.19%. Strong corporate performance continues to benefit risks.

The market stimulated the three major indexes of US stocks to hit a new record and close at a new high, and the Dow rose above the 36,000 mark for the first time to close. Dow Jones index rose 0.39%; The Standard & Poor's 500 Index rose by 0.37%, while the Nasdaq Index rose by 0.34%.

Small non-agricultural data will be released tonight, in addition, the Federal Reserve Board will publicly announce the results of interest rate discussion at 00 am tomorrow. Yesterday, investors took a wait-and-see attitude, with the fluctuation of gold price only 10 dollars, and the price of gold fell repeatedly, reaching a maximum of 1796 dollars yesterday.

The lowest price was $1,786, and finally it closed at $1,788, down $5.

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