Weekly

November 30th

Today's volatility range:

The emergence of mutant virus makes the world nervous; Some countries have implemented the policy of locking up the country to prohibit foreigners from entering the country, and some countries have announced that the entry of passengers and flights in areas with virus Omicorn is prohibited. Epidemic variables may make

The Federal Reserve is slowing down the pace of raising interest rates, and Powell's speech at the congressional testimony this morning was conservative, and he did not mention that many officials were inclined to raise interest rates early. The prospect of the gold market is due to the interest rate hike and epidemic situation.

The prospect is unknown, and the price of gold will fluctuate in the short term. Today's suggested volatility ranges from $1,776 to $1,792, which is better to see high short.

South African variant virus is threatening, causing global panic. Countries around the world have not followed the advice of WHO and tightened their immigration measures one after another. Israel was the first country to lock up when it heard of a new variant virus strain last Saturday.

Yesterday, Japan announced that foreigners will be banned from entering the country from today, and it is believed that other countries will join the ranks of locking up countries one after another. Hong Kong has been banned from entering Hong Kong by Russia and Bakis because of Omicron cases. believe

With the mainland's higher standard of "zero tolerance" in dealing with viruses, the early news that Hong Kong can pass customs clearance with the mainland was lost. Variant virus Omicorn appeared, Israel and Japan locked up the country in a hurry, and sealed off the news to make investment.

The market atmosphere has turned weak, and the Macau office owner has been arrested by the mainland in a high-profile manner, and the gambling stocks of Hao have fallen by at least half; Hong Kong stocks fell on the settlement date of futures index, at most, they once fell by more than 300 points, while the Hang Seng Index fell for two consecutive days, and fell again yesterday.

28 points, or 0.95%, fell below the 24,000 mark, and at the same time, it also hit a new low this year.

The transmission power of the South African variant virus Omicorn is amazing, and there are cases in many European countries including Britain, Germany, Italy and Czech Republic. However, South African scientists pointed out that although Omicron is highly contagious, the current confirmed cases all belong to

It is still unknown whether there will be drug resistance to existing vaccines or not, and the public should not panic excessively. Mardner, an American biopharmaceutical factory, also said that the vaccine against Omicron could be launched as early as next year.

After the panic of the European stock market group fell sharply last Friday, the vaccine news became the anchor of the European stock market. The three major European stock markets rebounded across the board yesterday, and the German DAX index rose by 0.76%. Paris CAC index rose by 1.19%; British FTSE 100

The index rose by 1.42%. The opening of the US stock market relayed the rebound of the European stock market, but after that, there was a phenomenon of closing down and inserting. U.S. President Biden said that the United States has the ability to cope with Omicorn virus. Seeing that the consumer market is recovering, there is no intention to close the city at this stage.

Biden turned stone into gold, and after the three major Wall Street indexes stabilized, they climbed, and the Dow Jones index rose 0.68%; Standard & Poor's 500 Index rose by 1.65%; The Nasdaq index rose the most, closing up 2.23%.

Chairman Powell of the Federal Reserve gave testimony this morning, except for the rise of American wages, and other comments on inflation are still cliches. But unexpectedly, in addition to saying that the Federal Reserve can use tools to control inflation, he today

This time, it did not give any guidance to the direction or policy of the Fed in raising interest rates. It seems that the emergence of the new variant virus has made Fed officials conservative. The gold market was repeated yesterday, and the opening of Asia plunged, with the lowest price of $1,770.

With the demand for safe haven caused by the virus strains living in South Africa, the price of gold rose to $1,800, but it was obviously restricted by this level, and the price of gold saw a high decline. Later, U.S. President Biden said that the city would not be closed due to the virus, the decline of the dollar weakened and the U.S. stock market rose.

The price of gold turned under pressure, and finally fell by 8 dollars to close at 1,785 dollars.

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