The State Administration of Foreign Exchange announced that the
mainland's gold reserves reached 72.96 million ounces at the end of
November, an increase of 160,000 ounces over the previous month. Thi
At the moment of global economic turmoil, the demand for investors to
seek hedging tools continues to grow. The stable currency supported by
gold, which combines the value stability of gold with the h
Trump decided to nominate Scott Bessent, the founder of Key Square
Group, as the US Treasury Secretary, as the person in his cabinet
ranking second only to the Secretary of State. His background and
p
U.S. national debt exceeded $36 trillion and increased by $1 trillion
in just four months. This figure not only represents the debt of the
US government, but also profoundly affects the global economy
The Tokyo Stock Exchange (TSE) recently announced that it will extend
the daily trading hours by half an hour to 3: 30. This means that the
full-day trading time of TSE will be increased to 5.5 hours.
The latest poll in the US election shows that Trump and Kamala D.
Harris are neck and neck in support rate, while the Republican Party
and the Democratic Party have great differences in policy stance.
In the latest policy address of Hong Kong, it is proposed to build an
international gold trading center and an ecological circle for
commodity trading. The Financial Secretary, Chen Maobo, stressed th
The 2024 BRICS Summit will be held in Russia from October 22nd to
24th. One of the focuses is to discuss whether the BRICS countries
will launch their own settlement and payment systems, which may
cha
Recently, the strong policy support of the mainland government has
driven Hong Kong stocks to pick up. In the past two weeks, the market
has continued to rise, and the volume of transactions has incre
As the US presidential election enters the countdown stage, the market
is concerned about how the expectation of possible policies will
affect the US economy and the global market after the election o
American housing sales data not only directly reflect consumers'
purchasing power and confidence, but also are closely related to
economic growth, job market, interest rate and other factors.
Investor
As the Federal Reserve is about to enter the interest rate reduction
cycle and the tension caused by the US election, the market risk
aversion has risen sharply to push up the price of safe-haven asse
During the "September curse" period, investors often turned to
safe-haven assets to counter market fluctuations, and gold was one of
the most popular choices. As a traditional hedging tool, gold usual
The "dollar smile" was put forward by Stephen Jen, a well-known
economist, who described the trend of the dollar as a smiling face
curve, which showed the performance of the dollar exchange rate under
GDP, namely gross domestic product, is one of the core indicators to
measure a country's economic performance. Represents the total value
of all final goods and services produced by a country's econom
In the era of increasing global economic uncertainty, seeking stable
investment tools to protect wealth is an important goal for many
investors, and gold and American debt are widely regarded as two
s
The yen, which has always maintained a low interest rate, has
attracted many investors to carry out Carry Trade, that is, borrowing
yen at a low interest rate and reinvesting it in assets with a highe
Trump chose J.D. Vance, who is half his age younger, as his deputy.
Since Trump can only serve for one term, that is, four years, once
re-elected, people from all walks of life focus on his deputy Van
The 329 gold medals produced in the Paris Olympic Games mean that each
one is worth 950 dollars, including 18 grams of old iron pieces of
Eiffel Tower. At the same time of winning gold medals, all cou
The opening ceremony of the Paris Olympic Games will be held on July
26th local time, which is not only a sports event but also a stage for
a country to show its strength and culture. The economic eff