Weekly

Stay on the sidelines

2021-12-14

December 14th

Today's volatility range:

The new variant virus Omicron is raging all over the world, and the first death case infected with Omicron virus appears in the UK, which aggravates the market's drag on the epidemic situation, increases the demand for safe haven and stimulates the gold price to rise, but Fed officials

The market expects the Federal Reserve to speed up the cancellation of the bond redemption plan and limit the increase of gold price at the last meeting of interest rate meeting this year starting tomorrow morning. The price of gold is still obviously lacking in direction, and it is expected that it will remain at 1760-1800 dollars in the short term.

Run amok. Today's suggested volatility ranges from $1,776 to $1,790.

Yesterday, Hong Kong stocks opened higher and closed lower, rising by more than 400 points at most, and finally falling down, with 24,000 points lost. Shang Tang Group, a market-oriented unicorn, closed its offering last Friday, but was accused by the United States on the same day.

The group developed a recognition system to recognize racial faces, which is specifically aimed at identifying Uighurs and assisting China in combating human rights, so it was included in the sanctions list by the US government; Shang Tang was also sanctioned, in order to avoid legal risks.

And postpone the listing plan. China and the United States launched another scolding war on human rights issues, which destroyed the cornerstone of the middle way sought by the top leaders of China and the United States earlier and hit market confidence. The Hang Seng Index fell by 41 points or 0.17% yesterday. Europe

The experience of the stock market is similar to that of Hong Kong stocks, with the market situation rising first and then falling.

The British health minister warned that Omicron virus would become the mainstream of COVID-19 cases, and British Prime Minister Johnson confirmed the first death case of Omicron virus infection in Britain, and warned the public that Britain

We are facing a wave of infection with the variant virus Omicron, and will give the third dose of vaccine to people over 18 years old before the end of the year. Affected by the negative news of the epidemic, the three major European stock markets fell, and the German DAX index fell by 0.01%. Paris, France

CAC index fell by 0.7%; Britain's FTSE 100 index fell 0.83%.

The U.S. stock market opened lower following the decline of European stock markets. The first death case of Omicron virus infection occurred in the UK, which aggravated investors' worries about Omicron virus. In addition, with the Federal Reserve's interest rate cut soon, the market is expected to open to the public.

After the results of the last interest rate meeting this year, the Committee also announced that it would increase and reduce the amount of bond purchases again, accelerate the pace of interest rate raising plan, and expect to raise interest rates in the second quarter of next year. The news hit new york stock market and Dow Jones index.

0.89%; Standard & Poor's 500 Index fell 0.91%; NASDAQ performed the worst, falling 1.39% to close. The wait-and-see atmosphere of the gold market remained strong last week, and the volatility of the gold price narrowed yesterday, with the highest rising to 1791.7 US dollars and the lowest.

781.9 USD, with the volatility less than 10 USD, closed at 1,886.7 USD, up 3.8 USD.

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