Weekly

December 22nd

Today's volatility range:

The price of gold has failed to hit $1,800 for several days. It seems that the overall market is still unable to get out of the range of $1,760 to $1,800. Today, it is suggested that the volatility be $1,783 to $1,794.

On Monday, the global assets fell completely due to the fear of Omicron virus, and on Tuesday, the fear eased slightly. In addition, the government and statistics department announced that the overall consumer price increased by 1.8% in November.

Slightly higher than the increase of 1.7% in October. The improving economic data also enhanced market confidence. Hong Kong stocks rebounded, and the Hang Seng Index opened higher and closed higher. It even rose above the level of 23,000, and finally narrowed to 226 points or 1%.

In the past week, the European variant virus Omicron became the mainstream epidemic, and several countries tightened social restrictions respectively, which led to the decline of European stocks on Monday. Yesterday, the epidemic remained severe, but the market

The atmosphere has improved. The three major stock market indexes in Europe are rising by more than 1%, and the DAX index in Germany is rising by 1.36%. Paris CAC index rose by 1.38%; Britain's FTSE 100 index also rose by 1.38%.

Omicron, a new variant virus, has become the mainstream virus strain in the United States, accounting for 70% of new cases in the United States in a short period of time. The illness made the US stock market perform badly last week, but the market panic slightly retreated, and the United States

Yesterday, President Bai took the initiative to respond to the opposition of Democratic senators to his economic stimulus proposal. The differences in the bill are expected to be narrowed, the market allocation is expected to be passed, and the risk market preference is stimulated. Dow Jones index.

Up by 1.6%; Standard & Poor's 500 Index rose by 1.78%; Nasdaq index performed best, rising 2.39% to close. Gold rebounded in the market yesterday, rising to $1,800.5 at the highest. However, the United States announced the third quarter economic report.

The current account deficit has once again expanded to 16.5 billion US dollars, reflecting that the US imports far more goods than exports, resulting in a trade deficit. Trade data is interpreted by the market as the growth of domestic economic demand in the United States,

Pushing the US dollar upward, the US dollar index rose to 96.64, and the price of gold was under pressure, dropping sharply by 12 US dollars to a daily low of 1,784.9 US dollars. Before the market closed, the decline narrowed to 1,789 US dollars, down 8.4 US dollars.

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