Weekly

December 17th

Today's volatility range:

In order to cope with inflation, the Bank of England suddenly raised interest rates to 0.25%, and the gap between British and American interest rates narrowed to zero, which hurt the US dollar. In addition, the US labor data was worse than expected, and the price of gold rose and approached the whole day.

Close at a high level. The price of gold is testing the resistance of $1,800. Today's suggested volatility ranges from $1,790 to $1,808.

According to the Census and Statistics Department, the unemployment rate in Hong Kong has dropped to 4.1% for nine consecutive months, and the underemployment rate has dropped from 1.9% to 1.8%. According to the authorities, the unemployment rate in most industries has dropped,

The consumption and tourism-related industries in the hardest hit areas of COVID-19 have stimulated the consumption desire through the coupon scheme of the Hong Kong government, and the expenditure has played a stimulating role, with the unemployment rate of the consumption and tourism-related industries falling by 0.6 percent.

With a score of 6.3%, it is still an industry that underperforms Hong Kong. Luo Zhiguang, Secretary for Labor and Welfare, predicted that the epidemic situation would continue to be under control and the economy and labor market would continue to improve. But some economists say it may be fragrant.

Customs clearance between Hong Kong and the mainland can further stimulate employment.

Yesterday, the trend of Hong Kong stocks fluctuated. The Hang Seng Index once dropped by up to 265 points, as low as 23,155 points, which was the low of this year. It closed up by 54 points or 0.23%, ending the decline in the past four days. Yesterday, the British and European Central Banks

According to the results of separate interest rate discussions, the UK raised the central bank's interest rate by 0.15% to 0.25%, while the European Central Bank held the interest rate unchanged, but said that it would maintain the emergency bond purchase plan ending in March, but as expected by the market, the European Central Bank

In the statement on interest rate, it is proposed to temporarily increase the strength of the conventional bond purchase plan. On Thursday, the Bank of England became the first major central bank in the world to raise interest rates since the new crown epidemic, and announced the interest rate settlement one day earlier.

If the Federal Reserve comes to the fore, it highlights the differentiation of Covid-19's economic markets in various countries. European stock markets rose across the board, with the German DAX index rising by 1.03%; Paris CAC index rose by 1.12%; British FTSE

100 index rose by 1.25%.

Investors hope that even if many major central banks tighten monetary policy, it will not harm the economic recovery. Global stock markets generally made good yesterday, and the opening of US stocks also followed the rising rhythm. However, the US Department of Labor announced that last week's first

The number of people applying for unemployment benefits increased by 18,000 to 206,000, which was higher than the expected 200,000. The U.S. stock market finally fell, and the Dow Jones index fell by 0.08%. Standard & Poor's 500 Index fell 0.87%; Refers to Nasdaq

The worst performance, tumbled 2.61% to close the market. The U.S. labor market was worse than expected, which stimulated risk aversion. In addition, the UK interest rate hike highlighted that the interest gap with the United States narrowed to zero. The U.S. dollar index once fell by 80 points, and the gold market

The lowest price of gold was 1,775.6 US dollars yesterday, and the highest price of gold rose to 1,799.7 US dollars yesterday, closing at close to the all-day high of 1,799.2 US dollars, up 22 US dollars.

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