Daily

Great power mediation

2022-02-09

February 9th

Today's volatility range:

Yesterday, the United States announced that the US trade balance deficit expanded to 80.7 billion US dollars again, which not only reflected the increasing demand of some imports, but also reflected the rising import prices. Investors therefore bet on the announcement on Thursday.

According to the latest inflation data in January, the price of gold has expanded for three consecutive days. The price of gold successfully challenged $1,825 yesterday, and once tried to jump to $1,830, which seems to be strong. However, the tension on the border between Ukraine and Russia passes through France and

Germany's mediation of temporary assistance may trigger safe-haven funds to leave the gold market. Today's suggested volatility ranges from $1,810 to $1,830.

Unfortunately, under the pressure of the mainland, the Hong Kong SAR implemented more stringent community isolation measures for the purpose of dynamic clearing. Chief Executive Carrie Lam Cheng Yuet-ngor announced that six more places, including religion, would be added from the 24th of this month.

Places, shopping malls, department stores, supermarkets, markets and barber shops; Except for retail locations such as shopping malls, markets and supermarkets, which can be entered with vaccine passes, other locations must be closed. And government

At the same time, the government announced that it would tighten the restriction on gathering to two people, and also increase the fine for violating the regulations, doubling from 5,000 yuan to 10,000 yuan. Hong Kong's economy was dragged down by a new wave of restrictions, and the manufacturing purchasing managers' index fell to last month.

48.9 points, while the expansion base point below 50 points indicates that Hong Kong's economy is shrinking, putting pressure on local listed companies. On the other hand, the US Department of Commerce has put more Chinese enterprises on the sanctions watch list.

As a result, the mainland stock market fell, and Hong Kong stocks opened lower with the mainland market, and fell more and more. The Hang Seng Index finally fell 250 points or 1.02% to close.

Russian President Vladimir Putin met with French President Macron and achieved initial results. According to French media quoted French officials, Russia has promised not to take any new military measures. Ukraine and Russia

The tension on Sri Lanka's border was temporarily reconciled with the mediation of France and Germany. The three major European stock markets developed individually, and the German DAX index rose by 0.26%. Paris CAC index rose by 0.27%; Britain's FTSE 100 Index

Down 0.11%. The consumption of credit payment in the United States has further increased, even surpassing the record before the COVID-19 epidemic; American Express Credit Card and Chase Bank, which have a large share in the credit card market, are sought after by investors.

Rising by 3% and 2% respectively, the share prices of the two blue-chip companies rose well, stimulating the market atmosphere to improve. The three major indexes of Wall Street rose across the board, with the Dow Jones index rising by 1.06%; Standard & Poor's 500 Index rose by 0.84%; Nasdaq

The number rose by 1.28%.

Yesterday, the United States announced that the US trade balance deficit expanded to 80.7 billion US dollars again, which not only reflected the increasing demand of some imports, but also reflected the rising import prices. Investors therefore bet on the latest January announced on Thursday.

According to market statistics, the inflation data will reach another 40-year high, with a year-on-year growth of 7.4%. Gold is a traditional anti-inflation investment product, thus benefiting. The lowest price of gold yesterday was 1815.5.

Dollar, the highest rose to 1828.8 dollars, and finally closed at 1826 dollars, up 5.6 dollars.

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