Daily

January 19 th

Today's volatility range:

The new U.S. government has poured money to boost the economic market, which has become a double-edged sword. The market is worried that interest rates will rise again, and it is afraid of preventing inflation. It is expected that gold prices will compete between 1820 and 1850 in the short term, and it is expected to fluctuate today.

It is suggested that the amplitude should be between $1,830 and $1,843, which can be chased through high and low positions.

Yesterday, China announced the fourth quarter GDP, which increased by 6.5% quarter by quarter, which was better than the market expectation. Although it only increased by 2.3% in the whole year, it was the first time that China exceeded the economic scale of RMB 100 billion. The National Bureau of Statistics also published an unemployment survey,

In December last year, the national urban unemployment rate was 5.2%, which was the same as that in the same period of 2019, which was in line with market expectations. The data reflected that China controlled the epidemic as early as possible, so that the economy could maintain vitality and rebound quickly after the epidemic; On the other hand, the epidemic situation in Hong Kong has dragged on,

Yesterday, another hundred people were infected with COVID-19 pneumonia, but the famous and easy-to-beat Chief Executive was helpless. In the year-long epidemic, many industries were dragged down, resulting in a year-on-year increase of 6.6% in the number of bankruptcy applications and a 7.2% increase in the number of compulsory liquidation applications.

The unemployment rate also broke a 16-year high to 6.3%. Lin Zheng's government has reiterated earlier that it will not push any more aid measures, but it plans to pour money into the sea and develop tomorrow's Lantau Island, stating that it is in line with the national Greater Bay Area policy, but after the opening of Zhuhai Bridge,

It doesn't take an hour to connect Hong Kong with the mainland. On the one hand, the development cost of Hong Kong is high, and on the other hand, it seems that it is politically incorrect to compete with the national policy. Is it actually just a big white elephant project, leaving a landmark for one's own achievements?

However, as the Chief Executive Election Year is approaching, you can endorse it here first, and then someone will suddenly be willing to listen and defeat me yesterday. SARS-CoV-2 is still raging all over the world. Germany announced the discovery of a new variant virus strain yesterday. It is temporarily unknown how lethal and infectious it is.

However, experts predict that the developed vaccine will still be effective against the new variant virus. Many EU countries have started vaccination programs, but because vaccination is voluntary, the European Commission considers allowing people from vaccinated member countries to enter and leave the euro zone more easily.

Increase the incentives for people to receive vaccination; There were still 37,000 new cases in Britain yesterday, which is the European country with the largest number in the whole European plate. British Health Minister Xia Guoxian warned that the epidemic is threatening the British medical system. Two major European stock markets rose,

The German DAX index rose by 0.44%; French CAC index rose by 0.10%; Britain's FTSE 100 index fell by 0.2%. Yesterday, the gold market took on the nightmare of rising US debt, which fell sharply to 1803 US dollars per ounce at first, and then gradually rebounded.

It is expected that the new US government will spend a lot of money, causing inflation, and some investors will turn to the gold market. The highest price of gold has reached 1841 US dollars per ounce, with a fluctuation of 38 US dollars.

The fluctuation range is also close to the gold ratio of 0.618 and 0.786 in Fibonacci according to recent market conditions, and finally closed at 1838 US dollars per ounce, up 9 US dollars.

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