Weekly

scapegoat

2022-03-01

On March 1

Today's range:

The Russian president added to the jitters by raising the country's nuclear deterrent to the highest alert even as talks with Ukraine failed to yield results.

Geopolitical tensions will continue to drive gold progressively higher. Today's recommended range is $1892 to $1920.


 
As the fifth wave of COVID-19 continues to spiral out of control in Hong Kong, the number of confirmed cases reached a new high of nearly 34,500 in a single day yesterday,

Chief executive in order to achieve the political task, it seems that the closure of the city strong prosecution is inevitable! The secretary for Food and Health, Chan Shiu-shih, said yesterday that a "ban" would not be ruled out during the nationwide testing period. Hong Kong city

The public has seen the lockdown policy in the mainland. People have come to supermarkets early to stock up for emergencies, and food shelves in many areas have been emptied. Under the shadow of war in Eastern Europe, Chen zhao-shi's "grounding order" is like adding insult to injury.

The Hang Seng index closed down 54 points, or 0.24 per cent, at 22,713 after falling more than 300 points at its lowest level in nearly 23 months.

International pressure on the Russian economy continues to undermine its ability to trade foreign currency, thereby driving up inflation and turning the Russian public against Mr Putin's expansionist ambitions. But markets are worried about European banks' exposure to Russia

Banks led the market lower, with Germany's DAX index falling 1.85; In Paris, the CAC index fell 2.56%; Britain's FTSE 100 index fell 1.34%. The United States expanded financial restrictions against Russia

The Us Treasury Department announced it was banning Americans from any dealings with Russia's central bank, finance ministry and national wealth fund, after the value of the Russian ruble fell by 25 per cent. Market pressure, I'm afraid

Will take Putin's actions to the extreme, exacerbating the uncertainty in the financial markets, and bank stocks bear the brunt of the blame, with leading U.S. banks Chase and Citigroup falling more than 4 percent, and the three major Indexes on Wall Street

Dow was down 0.49% in early trading; The S&P 500 rose 0.24%; The Nasdaq index rose three days and rose another 0.41 percent yesterday.

Gold, which closed at $1,889.3 on Friday, opened the day higher, rising as high as $1,927.5, as Russia's president stepped up his rhetoric and made progress in talks with Ukraine.

On the other hand, an order to raise Russia's nuclear deterrent to maximum alert heightened panic, and gold eased slightly but closed up $20.20 at $1,909.5.

For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator
https://t.me/mingtakchat



Previous Article Next Article