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deceiving and flattering words

2021-11-05

On November 5th.

Today's volatility range:

Following the announcement of a reduction of 15 billion U.S. dollars in bond purchases on the US interest rate meeting day, the Bank of England unexpectedly failed to raise the interest rate of the central bank yesterday, and the interest rate policies of the two central banks boosted the gold market.

The gold price tried to hit $1,800. Yesterday, the United States announced that the number of people applying for unemployment benefits for the first time last week had dropped for five consecutive weeks, indicating that the labor force was constantly improving. With non-agricultural employment data available tonight, the gold market may fluctuate and fall. Suggest today.

Amplitude from 1763 to 1798 dollars.

Due to the impact of the epidemic, Hong Kong people have been restricted from entering the Mainland for almost two years. Recently, experts and officials from the two places held a meeting to discuss progress in preventing the cross-border spread of the epidemic. Both sides reached a consensus that they could exchange customs and avoid quarantine.

Isolation, the two places will carry out the work of restoring customs clearance in an orderly manner. Yesterday, a media quoted an official from the Ministry of Health of the Mainland as saying, "From next month, Hong Kong people can conditionally clear customs to Guangdong Province. At that time, Hong Kong people visiting the Mainland must use the.

A health code system developed by the Mainland and holding a green code shows that there is no infection in Covid-19. If it goes well, the arrangement is expected to be launched in mid-December. Hong Kong and Guangdong are expected to resume normal customs clearance next month. The news boosted Hong Kong stocks.

In the market, the retail and catering stocks that benefited most from customs clearance led the market. After falling for seven days in a row, Hong Kong stocks finally rebounded. The Hang Seng Index rose more than 200 points or 0.8% to close yesterday.

Bank of England announced yesterday that it would keep its benchmark interest rate unchanged at 0.1%, which was beyond market expectations! Bank of England Governor Bailey said many times before that he hoped to raise interest rates. The market originally expected the Bank of England to announce a rate hike this month, but decided to raise interest rates.

After the announcement, Bailey explained that in order to implement the central bank's policy objectives, interest rates will be raised in response to market needs in the coming months; But his statement was criticized by the market as the rhetoric of unreliable boyfriend. In any case, European stock markets are.

Eliminating the pressure of raising interest rates, the German DAX index rose by 0.44%; France Paris CAC index rose 0.53%; The FTSE 100 Index rose 0.43%. The economic data of the United States continued to improve, and the number of people applying for unemployment benefits for the first time in the United States last week continued.

After five weeks of decline, it hit a new low since the outbreak of the COVID-19 epidemic in the United States. Last week, the Federal Reserve announced that the interest rate decision would remain unchanged, benefiting the risky market. The Standard & Poor's 500 Index and the Nasdaq Index continued to peak and hit a new high in the income market.

Up by 0.42% and 0.81% respectively; The Dow Jones index ended its five-day uptrend and closed down 0.09%.

The Federal Reserve kept interest rates unchanged. Federal Reserve Chairman Powell said that although the Bureau started the action of debt reduction, it did not mean sending a signal of interest rate policy, and stressed that it was not the right time to raise interest rates. And the Bank of England was surprised.

It is not expected to raise the interest rate of the central bank, and the verbal behavior of the two central banks is conducive to the rebound of gold prices; The gold market rose day by day yesterday and tried to rush to the $1,800 mark. The gold price peaked at $1,799, and finally closed at $1,792, rising by $22.

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