Daily

January 21st

Today's volatility range:

The U.S. Department of Labor announced the number of first-time jobless claims last week. The number of applicants reached 286,000, which was not only worse than expected, but also increased for the third consecutive week. Long investors attacked with weak labor data.

The price of gold rose by nearly ten dollars, reaching the highest of 1847.9 dollars. However, the market is still worried about the trend of the Federal Reserve's interest rate meeting next week, and the price of gold has dropped to a high level since it hit the golden week. It is expected that it will still fluctuate before the interest rate meeting next week.

Today's suggested volatility ranges from $1830 to $1844.
 

As predicted by the market, the People's Bank of China really lowered the quoted interest rate of China's loan market by 10 pips to 3.8% per annum. Although the reduction was not significant, it was of great significance, representing the central government's efforts to combat the disorderly growth of economic ecology.

At the end, not only is the financing cost of enterprises reduced, but it also means that more easing policies may be introduced. Yesterday's stolen property stocks rose further, while property management stocks rose even more sharply. The turnover increased to 1783 yesterday.

100 million yuan, reflecting the obvious strengthening of investor confidence, eventually the Hang Seng Index rose by 824 points or 3.42%, and Hong Kong stocks rose for two days in a row, which is expected to be relayed by domestic banks and challenge 25,000 points. As soon as possible, the UK released the inflation data for December.

It shows that inflation has risen to a high level in the past 30 years; Affected by rising energy prices, the European Central Bank announced the consumer price index of the euro zone in December yesterday, which further increased to 5% year-on-year. However, the president of the European Central Bank

Lagarde said that the European Central Bank would not raise interest rates this year. The risk is supported by no interest rate hike, and the German DAX index rose by 0.65%; Paris CAC index rose by 0.30%; Compared with Britain, where the market expects to raise interest rates,

Britain's FTSE 100 index fell 0.06%.

U.S. stocks opened higher and closed lower, following the rise of Asian and European stock markets. The Dow Jones index opened higher, with the highest rise of 461 points, reaching a high of 35,490 points throughout the day. However, U.S. Treasury Secretary Yellen said that the rise in inflation was beyond the expectations of all experts.

However, she added that the responsibility for dealing with inflation should be shared by the Federal Reserve and the Biden administration. The remarks of overstepping one's duties provoked a market reaction, and the difference in the number of first-time jobless claims was worse than market expectations, and the Dow Jones index was riding a roller coaster.

Eventually fell by 313 points or 0.89%; The Standard & Poor's 500 index fell 51 points or 1.13%, and the Nasdaq index fell 186 points or 1.3% to close. The gold price rose first and then fell, and the gold market was closed for most of yesterday, with the lowest price of 1,836 US dollars.

Entering the US market, the US Department of Labor announced the number of first-time jobless claims last week. The number of applicants reached 286,000, which was not only worse than expected, but also increased for the third consecutive week. Long investors attacked with weak labor data.

The price of gold rose by nearly ten dollars, reaching the highest of 1847.9 dollars. However, the market is still worried about the trend of the Federal Reserve's interest rate meeting next week. The price of gold dropped from its highest level in nearly eight weeks, and finally closed at $1,839.4, down $1.2.

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