Daily

Mainland reform

2021-09-07

September 7th.
 
Today's volatility range:

The virus still threatens the pace of global economic recovery. While controlling liquidity to reduce inflation, the Federal Reserve is also afraid that raising interest rates will hit corporate profits, hurt the job market and hinder economic recovery.

The rate hike was postponed, and the United States began to adopt the anti-epidemic model of "coexisting with viruses", betting on the vaccine to accelerate the effect of group immunity. Therefore, even if the non-agricultural data is not satisfactory this time, it will only slow down the debt reduction.

Without hindering the decision of the Federal Reserve to latch the water hose. Today, the Federal Reserve Board of Australia released the results and statement on interest rate at 12: 30 noon in Hong Kong, which can be used as a forward-looking reference. Yesterday was the Labor Day holiday in the United States, and the gold market was quiet.

The US dollar index rose slightly, while the gold market fell repeatedly. However, the volatility of gold price narrowed to less than US$ 10, which is expected to still fluctuate within a narrow range today. Today, it retains yesterday's suggested volatility, which is between 1820 and 1832.
 

The State Council of China promulgated the Plan for Comprehensively Deepening the Reform and Opening-up of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. According to the contents of the plan, it is planned to establish a more comprehensive and higher-level new open economic system in Qianhai area of Shenzhen.

And join hands with Hong Kong and Macao to operate, hoping that by 2025, the regional business environment will reach the world-class level. Chief Executive Carrie Lam Cheng Yuet-ngor thanked the Central Authorities for giving Hong Kong the opportunity to cooperate, and she also looked forward to Hong Kong.

All sectors of society can actively seize the opportunity and jointly promote the construction of Guangdong-Hong Kong-Macao Greater Bay Area. The mainland stock market did well, and Beishui finally went against the current and recorded a net inflow. The technology stocks once again drove the overall market, and the Hang Seng Index moved yesterday.

First, it was low, then it was high, then it went up again and again after 26,000 points, and rebounded by 261 points or 1.01% throughout the day.


 
In July, factory orders in Germany did not fall but rose beyond market expectations, increasing by 3.4% month by month. The economic data performed well, which benefited the investment atmosphere. The three major European stock markets ended across the board yesterday, and the DAX index in Germany rose by 0.96%. Paris, France

CAC index rose by 0.80%; The FTSE 100 Index rose 0.68%. The US stock market holiday is closed. For the Labor Day holiday in the United States yesterday, the gold market was quiet, the US dollar index rose slightly, and the gold market fell repeatedly, but the volatility of gold price narrowed to insufficient.

10 dollars, the highest is 1830 dollars, the lowest is 1822 dollars, and it closes at 1823 dollars, down 5 dollars.

For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator.
https://t.me/mingtakchat



Previous Article Next Article