Weekly

10 December

Today's volatility range:

There is a strong wait-and-see atmosphere in the gold market, which seems to be waiting for the US inflation data tonight. The number of initial jobless claims will make the Federal Reserve more confident in accelerating the pace of reducing its monthly bond purchase plan and tightening monetary policy earlier than expected.

It is expected that the price of gold will still fluctuate between the two forces of virus and interest rate hike, and the direction is unclear. In the short term, it will run amok at 1760 and 1800 dollars for some time. Today's suggested volatility ranges from $1765 to $1788.

China Evergrande and Kaisa repay the debts due free of charge, and Fitch, the credit rating infrastructure, downgraded the ratings of two Chinese companies to "limited default". According to the market, the chairman of China Evergrande refused to sell assets at a low price, but this name is known all over the world.

China's former rich are short of money, and they will only fight Reservoir Dogs together. It's hard to find a white warrior who can help Wu in the snow! Hong Kong stocks rose for three days in a row. Hong Kong stocks opened higher and closed higher. Many banks raised the performance of Hong Kong stocks next year. Hong Kong stocks finally rose through.

It closed at 4,000 points, eventually rising to 258 points or 1.08%. In terms of the COVID-19 epidemic, the latest data released by the British Health and Safety Administration yesterday showed that in the past 24 hours, the number of new cases of Omicron variant virus infection in the UK was large.

249 new cases were detected, almost twice the number of new cases of Omicron infection the previous day. Dzhavid, the British health secretary, said on Wednesday that based on the infection situation that the number of variant viruses doubled in two days, it is estimated that

By the end of December, the number of cases in the UK may exceed 1 million.

On Wednesday, British Prime Minister Johnson implemented stricter epidemic control measures, requiring people to work at home, wear masks in public places and use vaccine passes to slow down the spread of new varieties. Three major European stock markets are in epidemic situation

For the second day in a row, the German DAX index fell by 0.3%. Paris CAC index fell by 0.09%; Britain's FTSE 100 index fell 0.22%. U.S. stocks opened to accept the decline of European stock markets. Investors are waiting for tonight's inflation data,

Together with the market's fear that the epidemic prevention measures against Omicron variant Covid-19 in various countries may hinder the economic recovery, and the US Department of Labor announced the number of first-time jobless claims last week, the data hit a 52-year low, with only 184,000 people.

The performance of US stocks was repeated yesterday, and the Dow Jones index rose and fell by more than 100 points respectively, but it was almost flat; Standard & Poor's 500 Index fell 0.72%; The performance of Nasdaq was the worst, with the market closing at over 1.7%.

The US labor data is well made, and the health of the job market has always been a key indicator of the Fed's concern. The Fed is moving towards changing the current ultra-loose monetary policy stance. And the market predicts that the latest initial jobless claims will be

Make the Fed more confident to speed up the pace of reducing monthly bond purchase plan and tighten monetary policy earlier than expected. The US dollar index rose and the price of gold fell under pressure, with the highest price of gold rising to 1787.7 US dollars and the lowest price of gold seeing 1773.3 US dollars.

USD, gold price closed at USD 1,775.3 yesterday, down USD 7.5.

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