Weekly

December 13th

Today's volatility range:

The new variant virus Omicron is raging all over the world, the number of infections in European and American countries is increasing, and the northern hemisphere is entering the winter. Medical professionals say that it is expected that the COVID-19 epidemic will have a chance to rebound in Asia, which may lead to the global economy.

Be dragged down again. On the other hand, the low-interest environment in the United States may change rapidly. Federal Reserve Chairman Powell and U.S. Treasury Secretary Yellen joined forces to release eagles, and the labor data was biased towards the hawkish view of the Federal Reserve. However, the inflation figures on Friday

It is more moderate, which allows the Federal Reserve to keep room for policy. It is expected that more details will be seen in the statement of the Open Market Committee after the US interest rate meeting next week. The price of gold obviously lacks direction. It is expected that the short term will still be in 1760 and

$100 is rampant. In the weekly chart, there was a cross star at the close of the market last week, which seems to be the end of the downward trend. This week, it should be able to rebound, first aiming at last week's high of $1,793.

The People's Bank of China announced last Monday after the Hong Kong stock market closed that it would reduce the deposit reserve ratio of financial institutions by 0.5% on December 15th, 2021. This RRR cut will release about 1.2 trillion RMB. The mainland suddenly announced

The second RRR cut this year became an explosive news. Hong Kong stocks rose for three days in a row on the news of RRR cut, and it didn't take back until Friday. The Hang Seng Index closed at 24,000 points. After a week, the Hang Seng Index rose by 0.96%.

At the beginning of last week, the market panic of Omicron, a variant virus in South Africa, gradually receded. European Central Bank President Lagarde reiterated the central bank's loose monetary policy to stabilize the market, saying that it is highly unlikely that the euro will raise interest rates in 2022 and will maintain it.

Stimulating the economy with the policy of low interest rate, the euro has been hovering at a semi-low level against the US dollar in recent years, and the weakening of the euro will benefit European exports, including a number of favorite luxury brands. Investors re-entered the risky market last Monday,

After that, due to the doubling of epidemic cases in the UK, more stringent epidemic restriction measures were implemented again, and investors increased their profit-taking. However, the three major European stock markets performed strongly last week, and the German DAX index rose in a week.

2.99%； Paris CAC index rose by 3.34%; Britain's FTSE 100 index rose 2.38%.

Last week, Pfizer and BioNTech said that preliminary research showed that the third dose of vaccine could effectively neutralize the severe effects of Omicron variant virus, and help to alleviate the market's worries about the new variant virus Omicron, plus

The U.S. Department of Labor announced the number of first-time jobless claims last week, which reached a 52-year low, further stimulating investors to enter the risk market. The Standard & Poor's 500 index reached a new high in the income-generating market, with a cumulative increase of 3.8% in a week, and the Jones index rose more than.

4%, the worst performance of the Nasdaq, also rose 3.6% to close the market. Last week, the wait-and-see atmosphere in the gold market remained strong, with the fluctuation of gold price and no increase. The emergence of the mutant virus Omicron smoothed the news that the US Federal Reserve raised interest rates early, and the price of gold last week.

The amplitude is only USD 23, the highest is USD 1,793.2, and the lowest is USD 1,770.2. Summing up a week, Kim summed up a week, and the price of gold fell by 0.9 US dollars.

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