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Earn everything

2021-11-10

November 10th

Today's volatility range:

The producer price index released by the United States last night increased by 0.6% month-on-month. Although it is in line with the market forecast, it is still 10 points higher than last month's 0.5, indicating that inflation continues to heat up, and the market bet that inflation growth is better than economic recovery.

Yesterday, the US dollar weakened again, the US dollar index fell below the 94-point level, and the yield of US 10-year Treasury bills dropped to 1.43%, which supported the rise of gold price, but the increase was limited, and the market turned to wait and see the core consumer price of the United States tonight.

Index, but it is doubtful whether the inflation data can stabilize the $1,830 mark. Today's suggested volatility is 1816 to 1833 dollars.

The international energy price is high, and the state has not approved the power plant price increase. Earlier, the mainland power companies adopted the peak reduction plan to avoid losses. The state proposed to strictly implement the power restriction policy, not only to limit the starting time of factories, but also to prohibit people.

You can't turn on high-power consumption products such as water heaters and microwave ovens during the peak period of electricity consumption. It also instructs local shopping malls to use air-conditioning guidelines and requires shopping malls to close early to save electricity. Hong Kong does the opposite. As a high-quality international city,

Providing a stable power supply is one of the important links, which depends on the operation of the two power companies in Hong Kong, but at the cost of high electricity charges. CLP and HEC announced yesterday the tariff adjustment rate, and HEC will increase it by 7% next year.

The price increase will be 5.8%. Although we understand that wool is on sheep, the grass-roots people are still in the epidemic situation, and the people will definitely add to the burden. In the past, we have often heard people complain that the power company has earned the 8% rate of return allowed by the government.

I believe it is even worse this time!

The debt crisis of domestic property companies also hit the market. It is reported that many domestic property companies plan to issue debt financing instruments, and domestic property stocks fell under pressure. Yesterday, the rebound of technology stocks led Hong Kong stocks to rise, but the overall turnover fell and the turnover was insufficient.

100 billion, the worst trading day in half a year. The Hang Seng Index rose 0.2% to close yesterday. The three major European stock markets rose first and then fell, among which the French stock market ended its 8-day upward trend and the CAC index in Paris, France fell by 0.06%. Germany DAX index fell

0.04%; Britain's FTSE 100 index fell 0.36%. Tesla CEO Musk announced a high-profile reduction of 10% of Tesla's shares. Yesterday, Tesla's share price fell by more than 12%, and the company's revenue forecast was lower than expected.

The rise of US stocks finally needs a rest. Yesterday, the three major stock indexes on Wall Street fell from historical highs, and the Dow Jones index fell by 0.31%. Standard & Poor's 500 Index fell 0.35%; The Nasdaq index fell 0.6%.

The producer price index released by the United States last night increased by 0.6% month-on-month. Although it is in line with the market forecast, it is still 10 points higher than last month's 0.5, indicating that inflation continues to heat up, and the market bet that inflation growth is better than economic recovery. Dollar

Yesterday, it was soft again. The US dollar index fell below the 94-point level, and the yield of 10-year US Treasury bills dropped to 1.43%, both of which were good for the gold price. The Fed wavered in its stance on raising interest rates and supported the rise of the gold market. Gold price yesterday

The lowest price was $1819, the highest price was $1833, and it closed at $1832, up by $8.

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