Weekly

Narrowly missed

2021-12-30

December 30th

Today's volatility range:

The new variant virus Omicron is raging all over the world, and whether the epidemic can be controlled is the key. Yesterday, the US Centers for Disease Control and Prevention lowered the number of infections and the isolation policy, and the news was positive.

The price of gold was lowered by more than $18, but in the end, it was narrowly missed, and ended up falling by only $2, indicating that $1,800 has considerable support. In the absence of important data on New Year's Eve, it is expected to remain a volatile market. today

The suggested volatility ranges from 1798 USD to 1812 USD.  

Last week, U.S. President Biden signed the Uyghur Forced Labor Prevention Act, prohibiting the import of products from Xinjiang, and adding other agricultural products and mineral products to the cotton already on the boycott list:

"Polysilicon", the United States added polysilicon to the boycott list, which is no different from indirectly hitting domestic chips and solar energy products. Recently, Wal-Mart, the largest retail sales company in the United States, and its "Sam Member Store" are also in accordance with

The US legislation completely removed the products related to Xinjiang from the shelves, but this caused dissatisfaction among some mainland citizens, and triggered a wave of withdrawal and strike. China has a huge market, and American businesses certainly want to stay in China.

China does business, but the U.S. government is not to be taunted. In case of violating the law, the personnel involved are small, and the fines are heavy, which can be calculated in the amount of over 100 million dollars, and the loss outweighs the gain. Will American businessmen consider it?

Kneel down?

On the other hand, although Chinese citizens say no to the United States now, it will be difficult to protect their health sincerity in the future. From past experience, we know that no matter whether the target of the strike is Japanese goods or international brands, bags ranging from hundreds of thousands,

Wave shoes as small as a few hundred dollars, as long as the fashion or price is attractive, some people will take the risk and queue up to sweep the goods. As for the follow-up, you can prepare peanuts first. With the support of Beishui, Hong Kong stocks traded.

Less than HK$ 63 billion, Hang Seng Index opened lower. With the low innovation of science and technology index, Hong Kong stocks finally fell by 194 points or 0.83% to close yesterday, and 23,000 points faltered again. The European stock market and Hong Kong stock market are quiet,

After the long holiday, the British stock market resumed to catch up with the backward market, with the FTSE 100 index rising by 0.66%, while the DAX index of Germany and CAC index of Paris, France recorded declines, with losses of 0.27% and 0.7% respectively. American disease control and prevention.

The percentage of Omicron variant virus in COVID-19 was greatly reduced from over 70% last week to less than 60%. Although the center still warned that the infection rate of Omicron was still rising steadily, it relaxed the isolation regulations of patients in COVID-19.

Shorten from the previous 10 days to 5 days, and also shorten the isolation days of people in close contact with patients.

White House chief epidemic prevention expert Fauci said that the US Centers for Disease Control and Prevention reduced the isolation time guidelines for COVID-19 patients and close contacts, hoping to give more people the opportunity to return to work. Near the end of the year,

The "Christmas market" still played a role yesterday, and the market hoped that the Omicron variant virus would not pose a greater economic threat. The Dow Jones index and the Standard & Poor's 500 index rose by 0.25% and 0.25% respectively.

0.14%; However, the decline in US bond prices affected the performance of technology stocks, and the Nasdaq index fell by 0.1%. Although the performance of US stocks was divided yesterday, overall, the Wall Street stock market has risen by nearly 20% this year, and the increase should be stable.

Excessive. The new variant virus Omicron is raging all over the world, and whether the epidemic can be controlled is the key. Yesterday, the US Centers for Disease Control and Prevention lowered both the number of infections and the isolation policy. The news was positive and once pushed up the US dollar.

The price of gold once fell below 1,800 US dollars, with the lowest price of 1,789.5 US dollars, compared with yesterday's high of 1,807.8 US dollars, with an amplitude close to 18 US dollars. However, the property market data was far less than expected, and the price of gold made a V-shaped rebound, and finally closed at 1,804.1, down 2 US dollars.

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