Weekly

trading quiet

2021-12-31

December 31st

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. The gold market also repeated its early trend. After the gold price fell below $1,800, it immediately supported it, indicating that this support position is very important for bulls.

And try to challenge the resistance of $1,820. However, on New Year's Eve, it is expected to remain a volatile market. Today's suggested volatility ranges from $1806 to $1818. Here, I wish you all good health and progress in the New Year!

Evergrande issued a document in the official Weibo, indicating that after three months of hard work, the resumption rate of national projects of Evergrande has reached 90%. However, the news failed to support Evergrande's share price, which fell more than 9% yesterday.

The reason is that it is reported in the market that Evergrande bond investors have not received the bond interest, and the domestic property stocks also fell across the board yesterday. Real estate in the Mainland is stagnant. Apart from the water shortage of real estate developers, there are also many owners in the Mainland.

Due to different financial difficulties, there may be a wave of supply cuts. In the case of more supply and less demand, it is still difficult for domestic real estate developers to show their cash even if they have the ability to complete real estate projects. As for the people's bank of China's response is

At this stage, it is the best time for real estate developers to buy together. But it is estimated that there is a greater chance for state-owned enterprises to purchase private enterprises? In the end, it is not a country whether the private enterprises in the inner room are in full bloom after the flowers fall, or they are torn apart by choosing fertilizer.

The problem of concern! As the country has reached the goal of suppressing the arbitrary rise of housing prices, it supports the appeal of Chairman Ji Jinping not to speculate in housing.

Yesterday, Hong Kong stocks still lacked the support of Beishui, with a turnover of about HK$ 69.1 billion. The Hang Seng Index struggled at 23,000 points, and managed to keep up on the last settlement date of the futures index this year, eventually rising by 25 points or 0.11% to close the market. Long new year holiday

Coming, the European stock market is quiet, but with more and more evidence, although the infectivity of Omicron virus is strong, the symptoms after infection are less, the destructive power is less than that of Delta virus, and the market sentiment.

Gradually optimistic, the three major European stock markets rose across the board, and the German DAX index rose by 0.21%; Paris CAC index rose by 0.22%; Britain's FTSE 100 index rose 0.04%. No matter the number of infections in the US Centers for Disease Control

And quarantine policies have been lowered. Fu Chi, chief epidemic prevention expert of the White House, said that he hoped that the guidelines would give more people the opportunity to return to work.

The number of first-time jobless claims last week announced by the United States yesterday showed unexpected performance, with only 198,000 people, a 50-year low. Data stimulate risk appetite, Dow Jones index and S&P 500 index once

It hit a new high, but unfortunately, the investment atmosphere was weak before the holiday, and the increase could not be sustained. The market closed down by 0.25% and 0.27% respectively, and the Nasdaq index also fell by 0.16%. The new variant virus Omicron is wreaking havoc around the world.

Whether the situation can be controlled is the key. As soon as possible, the US Centers for Disease Control lowered the date of infection number and isolation policy. The news was positive and once pushed up the US dollar. After the gold price fell below US$ 1,800, it now supported and made a V-shaped rebound.

Yesterday, the gold market also repeated its early trend, with the price of gold rebounding as soon as it fell to a daily low of $1,796.3, rising to a maximum of $1,817.2, and finally closing at $1,814.8, up by $10.7.

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