Weekly

January 12th

Today's volatility range:

Chairman Powell of the Federal Reserve spoke at the congressional testimony. His comments on the current inflation in the United States were mild, and there was no news that the Federal Reserve would speed up the early interest rate hike. His expression was positive for the gold market.

Influence. The yield of 10-year bonds dropped from a high level, and the price of gold ushered in Xiaoyangchun. However, under the contradictory forces of interest rate hike and strong inflation, the bulls tasted the sweetness first yesterday, but today they can wait for the high position to be empty. Suggested amplitude

1800 to 1828 dollars.

The 5th Wave broke out in Hong Kong. Earlier, it was reported that the Education Bureau announced that it would stop face-to-face classes this week. However, the Education Bureau responded that it had no intention of making this decision for the time being, but unexpectedly, after only one day, it turned its back. Yesterday, the Education Bureau suddenly

Issue a suspension order to announce that all kindergartens, child care centers and primary schools in Hong Kong will stop face-to-face classes on or before this Friday. Due to the epidemic situation in The 5th Wave and the tightening of the community segregation policy by the Hong Kong government, the vaccination rate in COVID-19 is remarkable.

Urgent, the government decided to increase the number of vaccination centers in Hong Kong to fourteen. Now Mrs. Lin's government can finally calculate the results! Yesterday, Hong Kong stocks were struggling. The Hang Seng Index opened 14 points lower and rose over 100 points, but the mainland A-share market declined.

The Hang Seng Index finally fell, down 7 points or 0.03%, and the turnover was lower than yesterday, less than HK$ 130 billion. Federal Reserve Chairman Powell attended the congressional hearing last night, where he offered his views on inflation and the United States.

The economic outlook is more positive, and the view is more moderate. The news made the tail market of the three major European indexes go higher, the three major European stock markets rose across the board, and the German DAX index rose by 1.11%; Paris CAC index rose by 0.95%; British FTSE 100

The index rose by 0.62%.

Chairman Powell of the Federal Reserve commented on inflation when attending the congressional testimony yesterday. He said that the soaring inflation rate in the United States is largely related to the chaos caused by the COVID-19 symptom pandemic. If Fed officials see inflation,

It lasted longer than expected and caused deep-rooted risks to the economy, so they had to further raise interest rates with the passage of time. However, he said that the Fed had not made any decision on the timing of the normalization process.

Any decision, he added, the Fed will reduce its balance sheet earlier and faster than last time, but at least they usually hold 2-4 more meetings before making a decision. The three major indexes of Wall Street have finally stabilized in the new year.

Federal Reserve Chairman Powell's affirmation of the economic prospects of the United States, and his moderate stance at the congressional witness meeting, at least in his testimony, did not provide any evidence of an early rate hike. The American stock market immediately became boiling, Dow Jones.

The index rose by 0.51%; The S&P 500 index rose 0.95%, and the Nasdaq index rose 1.41% to close the market.

Chairman Powell of the Federal Reserve spoke at the congressional testimony. His comments on current inflation in the United States were mild, and there was no news that the Federal Reserve would speed up the early interest rate hike. His expression had a positive impact on the gold market. The price of gold yesterday.

The lowest price was 1800.2. After Powell's speech, the price of gold went up all the way, and the highest price was 1823.4 dollars, closing at 1821.6 dollars, up 19.8 dollars.

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