Weekly

Right-wrong focus

2021-12-03

December 3rd

Today's volatility range:

U.S. Treasury Secretary Yellen echoed earlier remarks of Federal Reserve Chairman Powell about raising interest rates early. The early interest rate hike of the U.S. dollar is more firm, the interest rate of the U.S. debt rises first to reflect the market, and the U.S. dollar is also made due to the good labor data.

Rebound, the price of gold is under pressure. As predicted yesterday, the price of gold can't stabilize at $1,780. Try $1,762 next time. Tonight's non-agricultural data, we can try the support of the gold price at $1,757. Today's suggested volatility

1757 dollars to 1780 dollars.

The new variant of the new coronavirus Omicron is threatening, but it has not affected the Hong Kong government's intention of customs clearance in the Mainland. Yesterday, the Innovation and Technology Bureau announced that it would launch the "Hong Kong version of health code" next week to match the mainland.

Requirements, it seems that everything is ready, only owe the east wind, but some people are worried that the Hong Kong government will focus on right and wrong, do not focus on prevention and control, only stir up gimmicks, eventually the number of infected people will rise, and will still be shut out by the mainland. Hong Kong stocks follow

The next night, the US stock market opened lower by more than 100 points due to the discovery of the first case of Omicron in China. In the afternoon, the Hong Kong General Chamber of Commerce released a report on Hong Kong's economic outlook. It is estimated that the real growth of Hong Kong's economy will be 2.8% next year. It is estimated that this year

Growth of 6.3%. It is estimated that the unemployment rate of the General Chamber of Commerce will be reduced from 4.2% this year to 3.7% by the end of next year. Before the Hong Kong stock market closed, some investors took advantage of the low market, and the Hang Seng Index rose over 100 points to close. Hang Seng Index closed up 130.

Or 0.55%.

European stock markets rebounded sharply after a day and then softened again. There is uncertainty about the infectivity of the new virus variant and the effectiveness of the vaccine. On Thursday, Germany announced that it would implement the community isolation policy again, and re-examine the new virus variant.

Those who received the vaccine were restricted, and at the same time, fireworks were banned on New Year's Eve for the second year in a row to avoid large-scale crowd gathering. Investors fear that more European countries will copy before Christmas and New Year,

It will be detrimental to the prospect of European consumer economy, and reduce the risk investment one after another. The three major European stock markets fell across the board, and the German DAX index fell by 1.36%. Paris CAC index fell by 1.25%; Britain's FTSE 100 index fell 0.55%.

The third patient of Omicron has been detected in the United States, and the Biden administration is strengthening the travel regulations to and within the United States, requiring all international passengers entering the country to hold a 24-hour negative test for Covid-19 when they leave.

Report, and extended the mask requirements to March 18th, but reiterated that the city will not be closed at this stage. U.S. Treasury Secretary Yellen said in the day that the strong U.S. economy may prompt interest rate hikes, and to give up temporary inflation.

Echoing the remarks of Federal Reserve Chairman Powell. It seems that the United States will not be slowed down by the Omicron virus in raising interest rates early.

In terms of economic data, the US Department of Labor announced yesterday that the number of initial jobless claims last week was 222,000, which was slightly better than expected, although it could not be kept below 200,000. Last week's figure was lowered to 194,000.

The latest employment market data is slightly better than the market expectation, indicating that the labor market has continued to improve. Another good news is that CAAC canceled the airworthiness directive of Boeing 737Max passenger plane in unsafe state, which is in China.

It is expected that the go-around will stimulate Boeing's stock to soar, leading a group of old economic shares to rush, and the Dow Jones index will soar by more than 600 points or 1.82% to close at a high level; Standard & Poor's 500 Index rose by 1.49%; Nasdaq index

Up 0.83%. The opening of the gold market opened as high as $1,783, but the rebound was weak, and the price of gold began to decline. When U.S. Treasury Secretary Yellen echoed the earlier remarks of Federal Reserve Chairman Powell on raising interest rates early, the market immediately reflected it, and the ten-year period.

The yield of treasury bonds has rebounded to 1.5%, and last week, the number of initial jobless claims remained at a low level since the outbreak, boosting the US dollar. The US dollar index regained the 96-point mark, and the price of gold was obviously under pressure, which once saw a daily low of 1,762 US dollars.

The decline of the market closed down, and finally closed at $1,768, down $14.

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



Previous Article Next Article