Weekly

February 16th

Today's volatility range:

Russian President Vladimir Putin said that some troops had been withdrawn from the Ukrainian border, and the panic situation in Eastern Europe immediately cooled down. Yesterday, the fluctuation of gold price exceeded 35 US dollars. Gold price was confronted by Russia and Ukraine earlier.

However, the upgrade has repeatedly broken through many resistances, and the current situation has slowed down. If the development of Russia and Ukraine remains unchanged, it will be unfavorable to the trend of the gold market. If the recent explosion point of gold price is calculated, at least 1,842 US dollars should be measured. today

The suggested volatility ranges from 1842 USD to 1857 USD.

Following the early decline of US stocks, Hong Kong stocks opened lower and closed lower. The People's Bank of China announced that in January, foreign direct investment decreased by nearly 3.5%, financial stocks in the mainland were under pressure, and the performance of domestic silver stocks deteriorated, falling from 2% to 4.5%, which was an internal risk.

Shares also went down across the board, mainly because directors of China Life Insurance were changed for allegedly violating regulations, which affected the whole insurance sector, among which China Taiping Insurance plunged more than 6% and Hang Seng Index fell by 200 points or 0.82%. Russia and

Belarus ended the joint military exercise and announced the withdrawal of some troops assembled on the Ukrainian border. The tension slowed down slightly, the atmosphere of European stock markets immediately reversed, and the three major European stock markets rebounded by more than 1%.

Germany DAX index rose by 1.98%; Paris CAC index rose by 1.86%; Britain's FTSE 100 index rose 1.03%.

Yesterday, Russia announced the end of military exercises and the withdrawal of some troops back to the base. The tension in Eastern Europe temporarily cooled down. The U.S. stock market opened higher yesterday and rose more and more. The Dow rose nearly 500 points at the highest, sweeping away many days of decline!

In the end, the three major Wall Street indexes rebounded by more than 1% after three consecutive days of losing ground, and the Dow Jones index rose by 1.22%. Standard & Poor's 500 Index rose by 1.58%; Nasdaq rose 2.53%. Russia's war with Ukraine will cool down,

The price of gold retreated from a high level. In the early period, the price of gold continued to rise due to the development of the situation in Eastern Europe. Yesterday, the highest price reached 1,879.6 US dollars, successfully challenging the high in November last year. However, after the news of Russia's withdrawal, some safe-haven funds

After leaving the market, the price of gold turned around and fell. The price of gold was as low as $1,844.6 before closing at $1,853.7, down $18.

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