Gold market analysis

2021-09-14

September 14th.   Today's volatility range: The virus still threatens the pace of global economic recovery, but the global central bank cannot keep loose monetary policy under the pressure of inflation, and the inflation in the United States continues to heat up, which has already exceeded the standard. Yesterday, the Federal Reserve Bank of New York issued a monthly report. According to the inflation survey report, consumers expect to keep heating up for 1 year and 3 years, and both figures have reached new highs since records began in 2013. The core consumer price index for August will be released today in the United States, and the market is expected to rise by 0.3%. Testing the Fed's inflation is only temporary. The gold price is still in the callback state of a wave of rebound after the great adjustment on August 9, and the resistance and support of the gold ratio of 0.236 and 0.382 were tested, which was unbreakable yesterday. The market is concerned about the price index reflecting inflation. It is expected that the gold market will continue to fluctuate today, but the short-term target is unchanged at US$ 1,778, and the suggested volatility is between US$ 1,778 and US$ 1,800.   Just mentioning the policy market yesterday is a serious injury to the China Stock Exchange. The Central Government has constantly proposed to govern all trades and industries in the Mainland, creating many restrictions for mainland enterprises and hitting the free growth of the market. The Ministry of Industry and Information Technology made another move yesterday. In order to prevent monopoly, I made an appointment with several large Internet providers and proposed that before this Friday, each company should remove the function of blocking links on the Internet platform, that is, users cannot be restricted from sharing links of other companies; In the past, in order to crack down on competitors, the hyperlink function would fail when the related products of competitors were mentioned in the links, and users would need more time to open the links. The Ministry of Industry and Information Technology responded to the rectification and said that it was interconnected. Interoperability is an inevitable choice for the high-quality development of the Internet industry. Only by allowing users to use the Internet smoothly and safely and improving their physical examination can they win user recognition and promote the formation of a good environment for Internet development. Only in this way can the platform develop better. The relevant network providers also indicated that they would implement the guidelines in stages and step by step. In short, if they want to continue doing business, they must follow the instructions of the CPC Central Committee.   It should be a good thing for users to remove the blocking of Internet platform links, because it is really convenient. For network providers, while removing some competitive advantages, there are new opportunities, and messages should be neutral. However, all the leading internet markets that participated in the meeting of the Ministry of Industry and Information Technology fell yesterday, reflecting that investors are afraid of the uncertain risks brought by the central policy. Hang Seng Index once again fell below the 26,000 mark, dropping nearly 400 points or 1.5% to close. Two weeks after Hurricane Ida hit the Gulf Coast of the United States, a new storm hit the Gulf of Mexico. The market worried that it might affect oil production, and the oil price rose, and the European oil shares were well established, which led to the overall market. The three major European stock markets rose across the board, and the German DAX index rose by 0.57%; The CAC index in Paris, France rose by 0.20%; The FTSE 100 Index rose 0.56%.   Similarly, affected by the news of oil supply, the international oil price rose to a high level in six weeks, which stimulated the US energy stocks to make good, and supported Dow Jones index and S&P 500 index to get rid of the continuous five-day decline, rising by 0.76% and 0.24% respectively. The Nasdaq index fell for four consecutive days, and then lost 0.07% to close. The Federal Reserve Bank of New York released a monthly inflation survey report, which showed that the median inflation expectations of consumers for the next year rose for 10 consecutive months in August, rising 0.3% month by month to. The annual rate reached 5.2%, while the median inflation expectation in the next three years rose to 4%, both of which reached a record high since 2013. Yesterday, the price of gold in Europe and Asia was still long and short, with the lowest price reaching $1,784. When the US market opened, the US dollar softened, and the US dollar index returned to 92.57. Many bulls tried to break through the US$ 1,800 mark, and the highest rose to US$ 1,798. However, the market was concerned about the price index reflecting inflation, and many bulls did not dare to make excessive progress. It finally closed at $1,793, up $7. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator. https://t.me/mingtakchat

2021-09-13

September 13th.   Today's volatility range: The virus still threatens the pace of global economic recovery. However, under the pressure of inflation, the global central bank cannot keep loose monetary policy, and the inflation in the United States keeps rising, which has already exceeded the standard. However, the employment data shows uneven performance. Although there has been some improvement in the near future, the Fed may need more time to observe. In the next interest rate meeting, it may not propose to reduce debt purchase, but the general direction will be this year. What remains is only the timing and magnitude. Once the Fed starts to shrink its table, it will be detrimental to the gold market. Last week, when the price of gold touched below 1830, it dropped from the high level of this month and fell below 1800 US dollars. Now, it is in the callback state of a wave of rebound after the great adjustment on August 9. And tested the resistance and support of gold ratio of 0.236 and 0.382. It is expected that the gold market will continue to decline today, with the target of USD 1,778 and the suggested volatility between USD 1,778 and USD 1,791. Hong Kong stocks rose for three consecutive weeks. Yesterday, the mainland released the import and export data for August, both of which were better than market expectations, with year-on-year growth of 33.1% and 25.6% respectively, and the expanded trade surplus reached 58.34 billion US dollars in the same period. Import figures show that. The recovery of China's domestic demand and the stabilization of the epidemic situation are conducive to the rise of consumption in the Mainland, and break the market's expectation that China will remain weak, thus benefiting Hong Kong stocks. However, the policy market is still a serious injury to China's stocks, and on Wednesday, the market reported that the Mainland was suspended. Sensitive news caused Hong Kong stocks to drop sharply when new online games were approved. The Hang Seng Index dropped nearly 700 points at most, and once again fell below the 26,000 mark. However, the clarification on Thursday only suspended the approval. The Hang Seng Index rebounded and closed at 26,205 points, up 1.47% a week. Britain announced plans to raise taxes and increase the national insurance tax and dividend tax. British Prime Minister Johnson said that this tax increase will bring revenue to the British Treasury and raise funds for medical and social security reform. Criticism of British business organizations. Under the epidemic situation, tax increases will increase the operating cost of enterprises. The British stock market immediately fell from a three-month high, dropping 1.53% a week. Last week, the European Central Bank announced the results of interest rate decision, and the three key interest rates remained unchanged, among which the deposit interest rate remained negative 0.5%. European Central Bank President Lagarde said that based on the joint assessment of the financing situation and inflation prospects, the central bank moderately slowed down the bond purchase speed of the emergency anti-epidemic bond purchase program, but she reiterated that slowing down the bond purchase does not mean reducing the bond purchase, but the risk market. Treat it as bad news when liquidity decreases. German and French stock markets recorded losses in one week, with the DAX index in Germany and CAC index in Paris falling by 1.32% and 0.61% respectively. A week earlier, non-agricultural data continued to ferment, although the United States on Wednesday. The number of people applying for unemployment benefits for the first time dropped to 310,000, the lowest level since the outbreak of the epidemic in the United States. However, investors are worried that the Federal Reserve will latch up early, and another Fed member Yang Ying, director Bowman, said that the United States is very close to the employment target. If the data continues to meet expectations, it may start to tighten the current monetary politics this year. The three major stock markets on Wall Street fell across the board in one week, with Dow Jones falling for five consecutive days, down 2.24%, and S&P 500 index falling 1.63%. Nasdaq index. From the historical high, it dropped by 1.29%.   On Tuesday, although the Reserve Bank of Australia kept the central bank's interest rate unchanged, it began to reduce its bond purchase scale. Investors made forward-looking reference and expected the Federal Reserve to reduce its bond purchase before the end of this year. The gold market fell repeatedly, and after falling below $1,808, the decline became more urgent. It was down $29 that day. On Friday, the market lacked direction, and the bulls were still fighting for long and short positions in the early stage. The bulls tried to break through the $1,800 mark, and the highest price rose to $1,803. However, the US announced that the producer price index increased by 0.7%, which was better than the market expectation and triggered again. Worried about the contraction of the Fed's table, the price of gold dropped sharply, closing at a low of 1787, down 7 dollars, and down 40 dollars a week. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator. https://t.me/mingtakchat

2021-09-10

September 10th.   Today's volatility range: The European Central Bank's interest rate meeting became the focus of yesterday. The European Central Bank kept its key interest rate unchanged, but it will slow down its bond buying. The euro fell against the US dollar. In addition, the US employment data is ideal. Investors are worried that the Federal Reserve will reduce its bond buying earlier. As a result, gold is affected, but there is still support when it falls below 1780, which reflects that the adjustment depth of gold price on Monday has been calculated and the Fed's contraction is just around the corner, but the development after that depends on the extent and speed of the Fed's buying reduction. It is expected to remain volatile today, Suggested amplitude is between 1782-1798 USD. The vaccination program in Hong Kong has exceeded 8 million doses, of which more than 4.29 million people have received the first shot and more than 3.71 million people have received two doses. According to the statistics of the Hong Kong government, among the people under 70 who are suitable for vaccination against COVID-19, there are already close. 70% of the people have been vaccinated with the first dose of vaccine, but only 27% of the elderly over 70 years old are in the middle group of this group. The Hong Kong government expects to push up the vaccination rate and extend the service of 21 of the 26 indirect breeding centers that were originally scheduled to operate until the end of October to the end of the year. However, the government acknowledged that the vaccination rate has declined, and it is expected that it will have the opportunity to reach the phased target of 70% vaccination rate for the whole people by the end of October. For mainlanders and Macao people, the "Easy to Come to Hong Kong" will be launched on September 15th, and those who come to Hong Kong will receive the Hong Kong Government. Exemption from quarantine arrangements, but Hong Kong people still have to accept the 14+7 quarantine arrangement when going north. How can we implement the two-way quarantine exemption? However, the Hong Kong Government has only dragged its feet and said that it cannot explain the considerations on behalf of the mainland authorities. The response is disappointing!   Earlier, Publicity Department of the Communist Party of China interviewed Tencent for online games. Yesterday, news came out that the mainland suspended the examination and approval of new online games, which caused Hong Kong stocks to plummet. The Hang Seng Index fell by nearly 700 points at most, once again fell below the 26,000 mark, and finally fell 2.3% or closed at 604 points. The European Central Bank will announce the results of interest rate decision yesterday, and the three key interest rates will remain unchanged, with the deposit rate remaining negative 0.5%. The central bank also kept the monthly asset purchase plan of 20 billion euros unchanged, while the emergency anti-epidemic bonds with a scale of 1,850 billion euros. The purchase plan will last at least until the end of March next year. However, the central bank will slow down the bond buying speed of the emergency anti-epidemic bond buying program. European Central Bank President Lagarde said that based on the joint assessment of financing situation and inflation prospects, the central bank slowed down moderately. The purchase speed of the emergency anti-epidemic bond purchase program, but she reiterated that slowing down the purchase of bonds does not mean reducing the purchase of bonds. The three major European stock markets developed independently, among which the German and French stock markets in the Eurozone rose, and the German DAX Index and the French Paris CAC Index respectively. 0.08 and 0.24%; Britain's FTSE 100 index fell by 1.01%.   While the variant virus is still raging, the number of people applying for unemployment benefits for the first time in the United States has dropped to 310,000, the lowest level since the outbreak of the epidemic in the United States. Although the data is satisfactory, investors are worried that the Federal Reserve will latch its throat early, and another Fed member Yang Ying. Director Bowman said that the United States is very close to the employment target. If the data continues to meet expectations, it may start to tighten the current monetary politics this year. The three major stock markets on Wall Street fell across the board, Dow Jones closed at 0.43%, and the S&P 500 index fell by 0.46%. Nasdaq index fell 0.25%. The gold market rebounded yesterday. The gold market rose in the early period, reaching a high of $1,801, but the European Central Bank's interest rate meeting became the focus of yesterday. The European Central Bank kept the key interest rate unchanged, but will slow down its bond buying, and the euro fell against the US dollar. Coupled with the satisfactory employment data in the United States, investors are worried that the Federal Reserve will reduce its debt purchases earlier, which will affect gold. The lowest price of gold is $1,784, but then it rebounded from the low level and finally closed at $1,794, up $5. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator. https://t.me/mingtakchat

2021-09-09

September 9th.   Today's volatility range: The virus still threatens the pace of global economic recovery, but the global central banks can't keep loose monetary policy under the pressure of inflation. The Reserve Bank of Australia has announced that it will reduce the scale of debt purchase, and the United Kingdom has also drawn up a blueprint for shrinking the table. Today's announcement after the meeting of the management committee of the European Central Bank will influence the pace of debt reduction of the Federal Reserve and the trend of appreciation of the US dollar in the market. Monday's gold price adjustment has reflected the imminent contraction of the Fed's watch, and the US market surged yesterday. Although there is a rebound in the declining market, as the bulls in the gold market have become passive, it has become a fact that the global table reduction is only a matter of time and a reduction in the buying range. Today, it is expected to still fluctuate, or try yesterday's low of $1,782. However, it should not fall below $1,778, otherwise it will point to the next support band of $1,756-1,766, and the suggested volatility is between $1,780-1,798.   For 21 consecutive days in Hong Kong, Japan and Covid-19 were "cleared". This record was hard won. The Government certainly contributed, but the public also did their part. Although the progress of the vaccination program was only 60%, with the increase of people over 12 years old. It is expected that more than 70% of the students can join the vaccination program, and those who fail to receive vaccination, whether they are the elderly, long-term patients or others, have their own reasons, so there is no need to delve into them. Most people in Hong Kong have been like. Being trapped in an isolated island, Hong Kong people expect clear customs clearance intentions. However, the government aims at "clearing the customs clearance" in the Mainland, saying that it has won from the Central Authorities, but it has not met the customs clearance requirements. Chief Executive Carrie Lam Cheng Yuet-ngor admits that he wants to clear customs clearance with the Mainland, which should not be done at present. Do not adopt the policy of coexisting with viruses, otherwise customs clearance will be even more hopeless. But is it the only standard to clear for 28 days? Can the Government play its role at a critical moment and keep a good watch on immigration cases, or else it will be another success. When you lose your feet, you fall short!   Publicity Department of the Communist Party of China talked about Tencent because of online games and the country's efforts to crack down on the high-pressure property market. The three red lines were like a curse. It was revealed from the market that Evergrande was unable to repay the bond interest due, and other mainland real estate industries also. Entering the cold winter, high-tech stocks and interior housing stocks were under pressure, and Hang Seng Index fell 0.12% to close. The European Central Bank will announce the results of interest rate decision today, and then the content of monetary policy meeting is also the focus of the market. Recently, the market has accumulated in Europe. The expectation of the central bank to reduce monetary stimulus measures is getting bigger and bigger. Some banks expect that the European Central Bank will not be able to continue its easing policy. After the meeting of the Management Committee, it will announce that the amount of bonds purchased will be lowered from 80 billion per month. The euro was reduced to 70 billion euros. With that desire to reduce the risk of liquidity, three major European stock market fell for two consecutive days, among which Germany stock market fell the most, and Germany DAX index fell 1.47%. France Paris CAC index fell 0.85%; Britain's FTSE 100 index fell 0.53%.   The Beige Book Report of the Federal Reserve was released yesterday, acknowledging that the US economy slowed down slightly in August, saying that the number of confirmed cases of variant viruses increased, which affected people's consumption activities such as dining out and traveling, and finally reduced the momentum of economic recovery. Wall Street The three major stock markets fell across the board, with Dow Jones index rising first and then falling, down 0.20% to close, S&P 500 index falling 0.13%, and Nasdaq index falling 0.57% from a record high. Gold fell for two consecutive days. Investors avoid the risk market, As a safe-haven choice for the US dollar, the US dollar index continued to rise, approaching 93 points. The gold price fluctuated within a narrow range in the early period, reaching a high of US$ 1,802. However, when the European market entered the US market, there was a wave of decline, falling by nearly US$ 10, reaching a minimum of US$ 1,783. However, it rebounded sharply by $5 and finally closed at $1,789, down by $5. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator. https://t.me/mingtakchat

2021-09-08

On September 8th.   Today's volatility range: The Reserve Bank of Australia announced that it would keep the central bank's interest rate unchanged, but began to reduce the scale of bond purchase, and investors took it as a sample, confirming that although the mutant virus still threatens the pace of global economic recovery, the Fed is controlling liquidity. In order to reduce inflation, I am afraid that raising interest rates will hit corporate profits, hurt the job market and hinder economic recovery. Even if the non-agricultural data this time are not satisfactory, it will only slow down the pace of debt reduction, but will not hinder it. The decision of the federal reserve to bolt the water hose. Yesterday's gold price adjustment has already reflected that the Fed's table reduction is imminent, and the subsequent development depends on the Fed's buying reduction. The relative strength index of the gold market fell to the edge of 30, and it is expected to still fluctuate today. Suggested amplitude is between 1790-1802 USD.   Yesterday, the mainland released the import and export data for August, both of which were better than market expectations, with year-on-year growth of 33.1% and 25.6% respectively, and the expanded trade surplus reached 58.34 billion US dollars in the same period. Digital import growth shows that China's domestic demand has recovered. Returning to a stable epidemic situation is conducive to the rise of consumption in the Mainland and breaks the market's expectation that China will continue to be weak. The export growth of economic commentators is due to the fact that the manufacturing industry in Asia-Pacific countries is dragged down by the epidemic, and buyers are worried about delivery. The date may be postponed and some orders will be transferred to China, which is also beneficial to the upward development of China's economy. It is expected that this momentum will be extended to the golden period of Christmas. The mainland stock market is doing well because of the ideal performance of import and export. Hong Kong stocks rose further, and Beishui recorded a net inflow for two consecutive days. The Hang Seng Index moved from low to high yesterday, rising 190 points or 0.73% throughout the day.   Britain announced plans to raise taxes and increase the national insurance tax and dividend tax. British Prime Minister Johnson said that this tax increase will bring revenue to the British Treasury and raise funds for medical and social security reform. British business organizations. Criticize the tax increase despite the epidemic, which will increase the operating cost of enterprises. The UK stock market immediately fell from a three-month high, with the FTSE 100 index gaining 0.53%. At Munich Auto Show, Germany, major automakers continued to issue warnings about chip shortage. It is predicted that the shortage problem will continue, which will affect the production volume and push up the production cost, and the automobile price will also rise. The increase in car prices and the economic environment are still subject to Covid-19, which is unfavorable to German car companies, and the German DAX index fell. 0.56%； Paris CAC index fell 0.26%. Yesterday, the US stock market reopened after Labor Day holiday, and the three major stock markets on Wall Street developed individually. The disappointing US non-agricultural data fermented on Friday, and the Dow Jones index rose first and then fell. It closed down 0.76%, the S&P 500 index fell 0.34%, and the Nasdaq index once again broke the record high and rose 0.07%.   The Reserve Bank of Australia announced the interest rate decision yesterday, keeping the benchmark interest rate unchanged at 0.1%, in line with market expectations. The Australian Federal Reserve said that the uncertainty caused by the outbreak of the COVID-19 variant virus strain is not conducive to the sustainability of economic recovery. At present, the pressure on wages and prices is still low, and it is expected that they will return to the pre-epidemic level in the second half of next year. It is expected that the conditions for raising interest rates will not appear until 2024 at the earliest. The Reserve Bank of Australia will strive to maintain a high economic profile. In a supportive monetary environment, it was announced that the bond purchase scale would be reduced from A $5 billion per week to A $4 billion per week, and it would last at least until February next year. The gold market opened at a maximum of $1,827 yesterday, but then fell unilaterally. Although the central bank's interest rate remained unchanged, it began to reduce the scale of debt purchase. Investors made forward-looking reference and expected the Federal Reserve to reduce its debt purchase before the end of this year. The gold market fell repeatedly, and after falling below $1,808, the decline became more urgent. The lowest price was $1792, and finally closed at $1794, down $29. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator. https://t.me/mingtakchat

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

2021-09-06

September 6th.   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. Last week, the gold market rose with weak non-agricultural data. Monday was the Labor Day holiday in the United States. It is expected that the gold price will consolidate at a high level and fluctuate within a narrow range. Today, the suggested volatility is. Between 1820 and 1832.     The epidemic situation in Hong Kong has gradually stabilized, and the vaccination progress has reached 60%. Chief Executive Carrie Lam Cheng Yuet-ngor briefed the domestic media and re-launched the "Easy to Come to Hong Kong" program. Hong Kong stocks also rose for four days through the rebound of suppressed technology stocks. Unfortunately, on Thursday, Chinese President Xi Jinping announced the establishment of a stock exchange in Beijing. The so-called "many incense burners and many ghosts", investors worried that the Hong Kong market would be divided, and the Hang Seng Index ended its continuous upward trend before the end of the week. Once again, it fell below the level of 26,000, but in a week, the Hang Seng Index still rose by 1.94%. The European Central Bank will hold a meeting on September 9th, but some members said that considering the inflation risk, the European Central Bank should reduce its anti-epidemic assistance program. Support to slow down the purchase of European debt in the fourth quarter. European stock markets were under pressure because of the water-collecting remarks, and the three major European stock markets went down. Germany's DAX index and France's Paris CAC index fell for three consecutive weeks, by 0.45% and 0.12% respectively. Britain's FTSE 100 Index went up and down, with a loss of 0.14% in a week's decline.     After Powell, the chairman of the Federal Reserve, made a speech of posing as an eagle at the last annual meeting of the global central bank, the risk market kept heating up. Even though the employment data were uneven, the number of new jobless claims in the United States dropped to a new low since the outbreak of the COVID-19 outbreak in the United States. However, the non-agricultural data of the United States on Friday was disappointing. The market hoped that the Federal Reserve would slow down the pace of water collection, and the Wall Street stock market developed individually. In a week, Dow Jones index fell 0.24%, S&P 500 index and NASS. The Dake Index broke the record high again, rising 0.57% and 1.84% respectively. There is still a strong wait-and-see atmosphere in the gold market at the beginning of the same year. The market is basically waiting for the non-agricultural data released on Friday. Although the United States withdrew its troops in Afghanistan one day earlier, Risk aversion has cooled, and the price of gold has been lowered to $1,800, but it is obviously supported at a low level. The volatility has narrowed to less than $13 on Wednesday and Thursday. By Friday, the United States announced that the number of non-agricultural employment increased by 235,000 jobs. The figures caused the dollar to fall, and the dollar index once fell below the 92 level, while the gold price went high. On Friday, it closed at $1,828, up $18, up $10 in a week. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator. https://t.me/mingtakchat

2021-09-03

September 3 rd   Today's volatility range: The employment data released by the United States yesterday was ideal, and the gold price was under pressure and ended in decline. However, the wait-and-see atmosphere in the gold market was still strong yesterday, with non-agricultural data as the focus of the market and investors' cautious attitude. Yesterday, the fluctuation was only USD 12. The Federal Reserve paid attention to the influence of variant viruses on the performance of the job market and postponed the pace of raising interest rates. It is expected that 750,000 new jobs will be added in the non-agricultural market. Yesterday's employment data was biased towards Fed hawks, and tonight's response will be even greater. Today, it is suggested to use $1,807 as the watershed. If you don't wear it, you can still make short-term speculation at $1,808 to $1,812. If you fall below $1,806, you will lose less than $1,800 and stop loss at $1,809, which is more than twice the value rate.   Yesterday, the Hong Kong Government cooperated with Lingzhan to distribute one kilogram of fragrant rice to the citizens who went to Lok Fu Plaza under Lingzhan for vaccination. Many citizens rushed to the shopping mall to get an injection, and they responded enthusiastically! But there are also disappointments. For the returning citizens, all the funds for the same day had been sent out before 10: 30 in the morning. Carrie Lam Cheng Yuet-ngor, the chief executive, also took advantage of the fact that Hong Kong did not find any local or imported new Covid-19 cases, and told the public that she was accepting the mainland media. During the visit, he expressed the hope to resume the "Easy Access to Hong Kong" scheme as soon as possible, and planned to allow mainlanders holding the "Easy Access to Hong Kong" in Guangdong to be exempted from quarantine upon arrival in Hong Kong, and was discussing with the Mainland and Macao to gradually resume the three places. Cross-border residents. The local government also cooperated with Mrs. Lin's action. The "Guangdong-Hong Kong-Macao Greater Bay Area Shopping Festival" jointly organized by the Ministry of Commerce and the Guangdong Provincial Government and the Liaison Office of Hong Kong and Macao opened yesterday. This online shopping festival can serve as a platform for Hong Kong and Macao. Resume warm-up activities in mainland China.   The epidemic situation in Hong Kong reappeared with zero diagnosis. In addition, Carrie Lam Cheng Yuet-ngor, the Chief Executive, introduced the "Easy to Come to Hong Kong" scheme to the media. As a result, Hong Kong stocks rose for three consecutive days and the Hang Seng Index rose 0.24% to close. The three major European stock markets rose across the board yesterday, Inflation continued in the euro zone, with the producer price index released yesterday increasing by 2.3% month-on-month, and strong growth stimulated risk appetite. The DAX index in Germany ended its daily decline and rose by 0.10%. The CAC index in Paris, France rose by 0.06%; The FTSE 100 Index rose 0.20%. The employment data released by the United States yesterday was ideal. The number of new jobless claims in the United States dropped to a new low of 340,000 since the outbreak of the COVID-19 outbreak in the United States, and so did the number of people who continued to apply for unemployment benefits. It was the lowest since the COVID-19 outbreak. Employment is good for the investment climate, with the three major indexes on Wall Street rising across the board and the Dow Jones index rising by 0.37%. The S&P 500 Index and Nasdaq Index once again broke record highs and rose respectively. 0.28% and 0.14%.   Yesterday, the wait-and-see atmosphere in the gold market was still strong. In the European market stage, the gold price was declared ideal by the producer price index of the euro zone, while the US dollar index fell, and the gold price rose to a daily high of US$ 1,817. However, the United States announced the number of new jobless claims. And the number of people who continue to apply for unemployment benefits all hit a new low since the outbreak of the COVID-19 epidemic in the United States. The ideal employment data made the gold price soften immediately. The gold price reached a minimum of $1,805 yesterday, but the market is still observing the non-agricultural data tonight. The market fell, and finally closed at $1809, down $5. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator. https://t.me/mingtakchat

2021-09-02

September 2 nd   Today's volatility range: There was a strong wait-and-see atmosphere in the gold market yesterday, with the fluctuation narrowed to $11. Small non-agricultural data was significantly worse than expected, but the market is still observing this Friday's non-agricultural data, so neither side dared to be too presumptuous, and ended in a tie yesterday.   The Federal Reserve is concerned about the impact of variant viruses on the performance of the job market and postpones the pace of raising interest rates. Market observation of this Friday's non-agricultural data, according to the average survey of economists, for the increase of 750,000 new jobs, the data released Will support the Fed's doves or hawks, which deserves attention. It is expected that the price of gold will remain a volatile market before the non-agricultural data is estimated on Friday. Today, the suggested volatility is between 1806 and 1823.     Yesterday, the primary and secondary schools in Hong Kong started school after the summer vacation, and the street was alive again in the morning. The Education Bureau reported that it has not received any application from any school to resume full-time teaching, which means that there are more than 90% teachers in government schools COVID-19 vaccine has been vaccinated, and the proportion of teachers who intend or have been injected in Hong Kong has reached 70%; The Education Bureau said that teachers will not be forced to take injections, but the vaccination ratio will be set so that the full-time classroom can be resumed only when the vaccination rate of teachers and students in the whole school reaches 70% respectively. Vaccination program has been the most important task of the Hong Kong government. The Chairman of the European Chamber of Commerce in Hong Kong commented on Hong Kong's epidemic prevention policy, saying: "As an international financial center, Hong Kong is connected with the world and Chinese mainland at the same time. After the large-scale vaccination in COVID-19, many countries in Europe and America began to adopt the anti-epidemic mode of "coexistence with viruses", while China still abides by its successful "zero-clearing" mode. In preventing the COVID-19 epidemic, Hong Kong has no right and left sides. On both sides of the dilemma! It seems that the government is serious about letting the whole people get vaccinated. Now Hong Kong has only 60% vaccination rate and the virus is constantly evolving, so the road to customs clearance is still far away.   Hong Kong stocks gained 26,000, while Hang Seng Index closed up 149 points or 0.58% to 26,028. However, Beishui recorded a net outflow for the sixth consecutive day, with another 116 million yuan left yesterday. Yesterday, the performance of European data was uneven, and many European countries announced their domestic producers In terms of price index, Germany's performance was worse than expected, while France and Britain were slightly better than estimates. The three major European indexes completely followed the data trend. The German DAX index fell for two consecutive days, down 0.07%; The CAC index in Paris, France rose by 1.18%; The FTSE 100 Index rose 0.42%. Last night, the United States announced the change of non-agricultural employment, and the data only reached 60% of the expected value, which was reported to be 374,000, indicating that private enterprises slowed down in recruiting employees. In the statistics before the expectation, There are still vacant positions in enterprises, which may be difficult to fill immediately due to the epidemic, or may be due to the mismatch of resources, and the failure of employers and employees to match successfully, resulting in the increase in employment numbers not as expected; Among them, it may also be "baby boomers." Generations reject "dirty" and choose to retire early. However, after the announcement of small non-agriculture, another data released by the United States was better than expected. The institute for supply management Manufacturing Purchasing Managers Index was reported at 59.9, indicating that the American economy is getting hot and inflation is still going on. Wall Street's three major indexes yesterday All of them developed, and the Dow Jones index fell by 0.14%; The S&P 500 index rose by 0.03%; Nasdaq index rose 0.33%. There was a strong wait-and-see atmosphere in the gold market yesterday, with the fluctuation narrowed to $11. Small non-agricultural data is only 60% of the expected data. The resistance and support of the rapid test of gold price are as high as $1,820 and as low as $1,809. But what the market really observed was this Friday's non-agricultural data, but neither side dared to be too presumptuous, and finally closed at $1,814. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-09-01

September 1 ST   Today's volatility range: The gold market fell first and then rose yesterday. European inflation data beat expectations. The euro rose to 1.184 against the US dollar, but the gold price settled in US dollars was still under pressure. The reason was that China withdrew its troops in Afghanistan one day earlier. Risk aversion has cooled down, and if there is no further change in geopolitics in Afghanistan, it has been fully reflected here, and there will be no further impact on gold prices. The Federal Reserve is still concerned about the impact of the mutant virus on the performance of the job market, delaying the pace of raising interest rates. The market also observed this week's non-agricultural data. Tonight, small non-agricultural data was released. According to the average survey of economists, 613,000 new jobs were added. Such data will support the Fed to reduce this year The act of buying debt, and vice versa. Yesterday, the price of gold was tried at $1,800, but there was obvious support. Today, we may try again at the high level at the end of last month. The suggested volatility is between 1804 and 1823. China's economy has obviously slowed down. The National Bureau of Statistics announced yesterday the purchasing managers' index of manufacturing in August, which was worse than expected and fell to 50.1 month by month, the lowest since the COVID-19 outbreak in February 2020. Non-manufacturing industry in the same period The index reported 47.5; The composite purchasing managers' index also fell to 48.9, which also fell below the dividing line of 50. On the last trading day of Hong Kong stocks in August, there was no fear of the deterioration of the domestic economy, and the high-tech stocks whose regulatory turmoil was suppressed continued to rebound. Hang Seng Index rose 1.33% to close. After Germany announced the reconciliation of the consumer price index the day before yesterday, France also announced the same data yesterday, up 2.4% year-on-year, which is also greater than the 2% economic growth indicator allowed by the European Central Bank Above all, the annual rate of consumer price index in the euro zone as a whole has increased to 3%, which is far better than the average expected 2.7%, and has reached a 10-year high. Strong data caused the euro to rise against the US dollar yesterday.   The European Central Bank will hold a meeting on September 9th, but some members said that considering the inflation risk, the European Central Bank should reduce its anti-epidemic assistance program and support the slowdown in purchasing European debt in the fourth quarter. European stock markets are under pressure from water harvesting, The three major European indexes all reported declines, and the German DAX index fell 0.33% yesterday; The CAC index in Paris, France fell by 0.11%; Britain's FTSE 100 index fell 0.40%. Last week, Federal Reserve Chairman Powell released pigeons at the annual meeting of global central banks. It is said that the variant virus is still an unstable factor threatening the economic recovery of the United States. Last night, the United States announced the August Consumer Confidence Index of the Sub-Committee, which fell for two months to 113.8, a drop of more than the expected 124, showing that consumers I am also worried that the epidemic will bring instability to personal income, and I have a pessimistic view of the future, which may reduce spending in the future, which will weaken the motivation of American recovery. The three major indexes on Wall Street saw losses across the board yesterday, and the Dow Jones index fell 0.12%； The S&P 500 index fell 0.11%; Nasdaq index fell 0.04%.   The gold market fell first and then rose yesterday. European inflation data beat expectations. The euro rose to 1.184 against the US dollar, but the gold price settled in US dollars was still under pressure. The reason was that China withdrew its troops in Afghanistan one day earlier and its risk aversion cooled down. The price of gold fell repeatedly in the early period, with the lowest price falling to $1,802. However, after entering the US market, the US announced that the consumer confidence index fell for two consecutive months, and the price of gold turned upward, reaching the highest price of $1,819. However, the market is still observing the non-agricultural data this week. The gold price failed to stabilize at a daily high, and finally closed at $1814, up $4. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-31

August 31 ST   Today's volatility range: The United States completed its withdrawal from Afghanistan one day earlier, and its risk aversion cooled down. The price of gold dropped from a high level yesterday. Global quantitative easing has seen the end, and the US contraction will definitely start before the end of this year, only the remaining range However, the Federal Reserve is still concerned about the impact of the mutant virus on the performance of the job market, delaying the pace of raising interest rates. The market also observed this week's non-agricultural data, which limited the volatility of the gold market. The gold price narrowed to $15 yesterday. Low interest rate is beneficial to gold, a non-interest-bearing investment tool. However, with non-agricultural data this week, employment performance will affect the Fed's schedule of reducing debt purchase, which is expected to fluctuate within a narrow range today. Today's proposed volatility is Between 1806 and 1820.   The mainland has ruled the country in a tiger-mother way. Earlier, it has made constant moves to strengthen the supervision of tutoring, take-away food delivery, medical care and other industries. It even criticized Tencent's online games by name, and Tencent responded positively. It means that many measures have been pushed to solve the problem of minors' addiction. Yesterday, the mainland made further regulation. Apart from providing game services only for users who registered and logged in with real names, it also strictly restricted the provision of networks to minors The time of game service requires that all online game enterprises can only provide one-hour online game service to minors from Friday to Sunday and from 8: 00 pm to 9: 00 pm on statutory holidays. The Ministry of Education also requires fewer schools Examinations can't rank students, and they can't differentiate students by elite classes. It can be said that the central government has tried its best to train the future pillars of our country, but the market has not appreciated the new economic model and reduced its holdings of China Stocks Respond.   On the settlement date of futures index yesterday, Hong Kong stocks rose repeatedly, and Hang Seng Index closed at 25,539 points, up 131 points, or 0.52%. However, some people in the securities industry said that under the double attack of the variant COVID-19 epidemic and the domestic regulatory storm, plus the country President Xi Jinping's concept of "common prosperity" also disturbed the market, and the performance of the local stock market may be even worse in September. Germany's harmonized consumer price index continues to rise, and the overall annual inflation rate has risen beyond the allowable expectations of the European Central Bank More than 2%, indicating that Germany outperformed other euro zone countries in economic recovery. European stock markets generally improved yesterday, and Germany's DAX index rose by 0.22% yesterday; The CAC index in Paris, France rose by 0.08%; The UK stock market is closed for holidays. Last week, Federal Reserve Chairman Powell put a pigeon in the annual meeting of the global central bank, saying that there is still a long way to cut interest rates. Low interest rates are more conducive to technology stocks with high market profitability, and technology stocks are sought after. The three major indexes on Wall Street developed individually yesterday. Dow Jones index fell 0.16%; The S&P 500 index rose by 0.43% and broke the top again; The Nasdaq index rose 0.9%, also a record high.   The gold market fell from a high level yesterday. Bombings continue to occur in Kabul, the capital of Afghanistan. The price of gold is approaching the high of this month in Asian cities, reaching a maximum of $1,823. However, the United States completed its withdrawal from the gold price one day earlier, ending the war in Afghanistan for 20 years. The risk aversion cooled, and the price of gold dropped repeatedly, reaching a minimum of $1808. The market was observing this week's non-agricultural data, and the volatility narrowed to $15 yesterday, and finally closed at $1810, down $7. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-30

August 30 th   Today's volatility range: Global quantitative easing has come to an end, and U.S. contraction will definitely start before the end of this year. However, the variant virus still threatens the pace of global economic recovery. With the Federal Reserve controlling liquidity to reduce inflation, I am also afraid that raising interest rates will hit corporate profits, hurt the job market, hinder economic recovery and delay the pace of raising interest rates. Low interest rate is beneficial to gold, a non-interest-bearing investment tool. There are non-agricultural data this week. It will definitely affect the timetable for the Fed to reduce its debt purchase. Today's proposed amplitude is between 1809 and 1823.     Global demand continued to recover. Hong Kong's exports in July were slightly better than expected, but it was estimated that due to the epidemic, imports only increased by 26%, which was lower than expected. During the period, there was a trade deficit of 35 billion yuan. The population data also shows that Hong Kong's economy is on the surface, and the prosperous market in recent rows is due to the improvement of the atmosphere of catering and some retail industries caused by coupons. In fact, more industries are still trapped under Covid-19, and the policies of the Hong Kong Government also prove that the economy is still in a trough. Last week, it was announced that the existing 35 types of government fees and charges would be extended or reduced, thus reducing the revenue of the Government Treasury by $2 billion. However, the Hong Kong stock market has completely deviated from Hong Kong's economic indicators, and the performance of mainland enterprises has an influence on the main changes. Hang Seng Science and Technology Index rose 7.25% in the whole week, which inflated Hang Seng Index and closed at 2.25% in the whole week.   European data performed unevenly last week. On Friday, influenced by Federal Reserve Chairman Powell's remarks at the annual meeting of the global central bank, the performance of the week turned to rise, and the German DAX index rose by 0.28%; The CAC index in Paris, France rose by 0.84%; The FTSE 100 Index rose 0.85%. The US House of Representatives decided to speed up the review of Biden's $1 trillion cross-party infrastructure draft. The news is good for the future, and the three major indexes of US stocks have reached new highs one by one, coupled with the attention of global investors on Friday At the annual meeting of the global central bank, Powell, chairman of the Federal Reserve Board, released pigeons, saying that the road to interest rate cuts is still far away, and the US stock market rose sharply again. The three major Wall Street indexes rose across the board last week, and the Dow Jones index rose by 0.96%; The S&P 500 Index rose 1.56%； The Nasdaq index rose 2.26%. An explosion occurred in Kabul, the capital of Afghanistan, and the risk aversion warmed up. The gold price failed to test the important barrier of $1,800 twice at the beginning of last week. Obviously, the explosive power of geopolitical risks is less than the power of quantitative easing, which is related to Powell's global situation Speaking at the annual meeting of the central bank, he said that at the meeting of the Federal Open Market Committee in July, like most participants, he believed that if the overall economic development was in line with expectations, the pace of asset purchases should be slowed down this year. Although significant progress has been made in employment, the variant virus has further spread; He and his members will continue to assess the data of virus introduction and the evolving risks, so there is still a long way to go to raise interest rates. The price of gold reversed on Friday Reversing the plot, due to the ideal economic data in the United States, inflation is heating up, and the price of US 10-year government bonds has risen. The gold price was supported in the early stage and touched above $1,800. However, Powell delivered a speech at the annual meeting of the global central bank, which he proposed at the beginning It is appropriate to start debt reduction this year, and it is said that if the policy is implemented at an untimely time, it will bring harm. The market saw Powell willing to reduce the purchase of bonds first, and the price of gold was immediately inserted to 1785 US dollars. After Powell added, the United States began to gradually shrink The move of the bond purchase plan is not equal to the signal that the interest rate increase is coming. The market understands that Powell used to play the role of a pigeon as an eagle, and the gold price regained its upward trend, finally closing at $1817, rising by $25, and rising by $37 in a week. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-27

August 27 th   Today's volatility range: Investors pay close attention to the annual meeting of the global central bank. Federal Reserve Chairman Powell will deliver a speech at the meeting tonight, but before his speech, some officials of the Federal Reserve took the lead in setting an eagle, and it is estimated that the direction will be the same as Powell's. The explosion in Kabul, the capital of Afghanistan, caused the risk aversion to rise, and the gold price rebounded rapidly. However, the pressure on the gold price before the important mark of US$ 1,800 remained high. Yesterday, the price of gold has almost touched the horizontal range in mid-August It is expected that the top and bottom will continue to be consolidated near this region. However, due to the possible risks brought by Powell's occupation of the annual meeting of the global central bank, it is recommended that the high position be short. Today's proposed amplitude is between 1775 and 1803.   Global demand continued to recover. Hong Kong's exports in July were slightly better than expected, but it was estimated that due to the epidemic, imports only increased by 26%, which was lower than expected. During the period, there was a trade deficit of 35 billion yuan. The population data also It shows that Hong Kong's economy is on the surface, and the prosperous market in recent rows is due to the improved atmosphere of catering and some retail industries caused by coupons. In fact, more industries are still suffering from the epidemic. Hong Kong's stock market fell for the second consecutive day, Hang Seng Index closed down 1.08%. Germany announced the gfk Consumer Prosperity Index yesterday. The data showed that German consumers lacked confidence in the economic prospects. The data released was negative growth of 1.2%, which was worse than the expected decline of 0.7%. In addition, the market is worried that the Fed will tighten its loose monetary policy. The three major European stock markets closed lower across the board yesterday, and the German DAX index fell by 0.28%; The CAC index in Paris, France fell by 0.18%; Britain's FTSE 100 index fell 0.34%. Federal Reserve Kaplan spoke again, affirming his views on the contraction of the US table two weeks ago. Kaplan believed that the Federal Reserve's purchase of treasury bonds would stimulate demand, but in the current economic situation, demand is no longer a problem. On the contrary, long-term purchase of national debt will distort the market and bring more negative effects than benefits. He still felt that at the September meeting, it was the right time to announce the reduction of the debt purchase plan, and began to reduce the debt in October or shortly thereafter. He also supports the Fed to raise interest rates next year. Following the two explosions at Kabul Airport in Afghanistan yesterday evening, Kabul, the capital of Afghanistan, sounded several explosions in the evening. The Pentagon confirmed that the explosion caused American soldiers were killed. Market panic has warmed up, US stocks have turned to fall, and some Fed officials have taken the lead in releasing hawks before the global central bank meeting to accelerate the decline of US stocks. The three major Wall Street indexes fell across the board, and the Dow Jones index fell 0.54%; The S&P 500 index fell 0.58%; The Nasdaq index fell by 0.64%. In terms of data, the US Department of Commerce said that the GDP in the second quarter increased by 6.6%, slightly higher than the 6.5% in the previous quarter. However, the growth rate of this data is slightly lower than the expected growth of 6.7%. Meanwhile, the US Department of Labor announced that, Last week, the number of people applying for unemployment benefits for the first time was 353,000, 2,000 more than the previous week, ending the three-week decline. The gold market opened lower and closed higher yesterday. The market worried that the Federal Reserve would tighten its bond buying, and the opening price of gold in Asia began to fall. The lowest price was $1,780, and after the explosion in Kabul, Afghanistan, the risk aversion increased, and the gold price rebounded rapidly. In addition, the latest economic data of the United States fell short of market expectations, which supported the gold price, and the highest price was $1,798. It finally closed at $1,792, up one dollar. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-26

August 26 th   Today's volatility range: Investors are concerned about the annual meeting of the global central bank starting on Thursday in the United States. Because the United States is prepared to coexist with the virus, even if Covid-19 does not disappear, the United States will exchange higher costs for economic recovery as soon as possible. Therefore, it is expected that Powell, chairman of the Federal Reserve Board of the United States, will inevitably provide the news of reducing debt purchase when he speaks in the year of the global central bank, and simultaneously cut US Treasury bonds and mortgage-backed security. The reduction is not the point, but the point is when to start to bolt the water hose. Gold price missed the important mark of USD 1,800, and entered the previous horizontal range. Maybe the nearest platoon will try the bottom of the range again. Today's proposed amplitude is between 1778 and 1796.   Although the Government said earlier that Hong Kong's economy is improving one after another, affected by the epidemic, apart from the recent improvement in the atmosphere of catering and some retail industries caused by consumer vouchers, more industries are still in dire straits. The Hong Kong government, sympathetic to the people's sentiments, announced yesterday measures to extend or reduce the existing 35 types of government fees and charges, benefiting industries including logistics, retail, catering, tourism and entertainment. It is estimated that this exemption will make the government The library received 2 billion yuan less income. The local stock market opened higher and closed lower yesterday. The Hang Seng Index opened more than 200 points, but fell again and again. The Hang Seng Index closed down 26,000 points, down 0.13%. Germany yesterday The Ifo Business Climate Index was released in August. The data went backwards for two consecutive months, and the number was 99.4, which was worse than expected. The three major European stock markets developed independently yesterday, and the German DAX index fell by 0.28%; Paris, France CAC index rose by 0.18%; The FTSE 100 Index rose 0.34%.   Pfizer's Fubitai vaccine was approved by the US Food and Drug Administration and upgraded from emergency use to full approval, while Johnson & Johnson, another American vaccine manufacturer, said that its one-shot COVID-19, In the early clinical trials, vaccine fortifiers have made great progress in data, and research indicates that vaccine fortifiers can greatly increase antiviral antibodies. Vaccine news continues to support the US stock market, the three major Wall Street The index hit a new high, and the Dow Jones index rose by 0.11%; The S&P 500 index rose by 0.22%; The Nasdaq index rose by 0.15%. The latest economic data released by the United States is ideal, and the core commodities are durable goods Orders increased by 0.7% on a month-on-month basis, which was better than expected, while crude oil inventories also fell for three consecutive weeks. Some scholars point out that economic data can continue to grow even if the epidemic situation does not subside. However, it has reflected that the United States is prepared to coexist with viruses, but the cost is high! As a matter of fact, many large enterprises in the United States require the nurses to complete the vaccination before returning to work, and are willing to pay for the vaccination by the company. So it is expected that US Federal Reserve Chairman Powell will be The global central bank will inevitably provide the news of reducing debt purchase, and simultaneously reduce US Treasury bonds and mortgage-backed security. Investors are concerned about the annual meeting of the global central bank, which began on Thursday in the United States, and the yield of US 10-year government bonds It rose sharply to 1.34%, a record high in the past two weeks. Major non-US currencies were under pressure. The US dollar index once returned to the level of 93 points. Gold fell under pressure when it opened. Short positions broke through the important barrier of 1,800 US dollars and entered the US market. Stimulated by the ideal US economic data, the price of gold declined further, reaching a minimum of $1,783, closing at $1,791, down $12. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-25

August 25 th Today's volatility range: The situation in the Middle East continues to be tense, and the Taliban organization warned the United States not to extend its withdrawal from Afghanistan, otherwise the Taliban will take action. Geopolitics continues to threaten global security, and the safe-haven value of gold continues to be magnified. However, the epidemic situation and economic data in the United States each saw the US dollar index, which narrowed the volatility of the gold market to less than US$ 10 yesterday, which also reflected the importance of the US$ 1800 mark. It is expected that the price of gold will still be consolidated at a high level under long and short competition today. The suggested amplitude is between 1795 and 1810. According to media reports, the Chief Executive, Carrie Lam Cheng Yuet-ngor, continued to urge enterprises to follow the government's practice, force employees to vaccinate or take regular self-funded tests before starting work, and put the "same-day" vaccination arrangement for the elderly in COVID-19. Expanded to students aged 12 or above, but some citizens criticized the current government, saying that all the offspring now know how to apply online, which is really a Mao whole cake; There are also representatives from the business sector who oppose the compulsory vaccination of employees. Instead, there are medical circles Some people say that tightening the exemption arrangement is the king. Because of the rebound of the global COVID-19 epidemic, if someone applies for exemption from entry under the "Easy Return to Hong Kong" scheme, the relevant government departments should check the itinerary of such people after arriving in Hong Kong and should also consider the applicant Exemption permits will be issued only in the living environment of the people's Republic of China, otherwise the virus will flow into the community more easily. The leading stocks of Kewang retaliated greatly, and generally rose by 7% to 9%. The Hang Seng Science and Technology Index rose by nearly 7.5% yesterday, driving the Hang Seng Index to rise by 618 points or close by 2.46%. Germany announced its second-quarter GDP, which grew by 1.6% quarter over market The expected 1.5% is good. The three major European stock markets developed independently yesterday, and the German index index rose by 0.33%; The index of Chengdu Aircraft Company in Paris, France fell by 0.28%; The FTSE 100 Index rose 0.24%. The US House of Representatives decided to speed up the consideration of Biden's $1 trillion The cross-party infrastructure draft, the news is good for the future, the three major indexes of Wall Street rose across the board yesterday, and the Dow Jones index rose by 0.09%; The S&P 500 index rose by 0.15%; Nasdaq index rose 0.52%, generating a new high for two consecutive days. With an average of 100,000 new cases in the United States every day, investors are concerned that the COVID-19 variant virus will slow down the economic recovery in the United States. However, Pfizer's Fubitai vaccine was approved by the US Food and Drug Administration and upgraded from emergency use to full approval; This will make the society have a greater recognition of vaccines, and help encourage more American citizens to be willing to receive vaccines. The effect of group immunity can be achieved earlier. The US dollar index weakened to close to 92.8 after the announcement of the vaccine news, but the new home sales in the United States announced later rebounded after falling for three months, which was better than expected and stimulated the US dollar index to rebound to 92.85. The situation in the Middle East continues to be tense, and the Taliban organization warned the United States not to extend its withdrawal from Afghanistan, otherwise the Taliban will take action. Geopolitics continues to threaten global security. In the early days of gold, the highest price of gold was $1,810 yesterday. But the American epidemic and The economic data saw their own, and the lowest price of gold was $1801. Yesterday, the volatility narrowed to less than $10, and finally closed at $1803, down $2. For detailed analysis and operation suggestions, please click the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-24

8月24日   今日波幅區間： 中東局勢緊張，黃金的避險價值再被放大，加上美國新冠疫情嚴重，美聯儲卡普蘭說可能改變他對應該立即縮減購債規模的立場，言論亦肯定了市場預期美聯儲將推遲縮減買債的看法，美元指數急回，金價升穿1800美元的重要心理關口，強勢盡現。單以圖表走勢而言，金價在1813美元才有明顯阻力，升穿該位則1828美元可期。預料金價今日在高位整固，建議波幅在1798-1813之間。   港澳辦副主任黃柳權出席立法會舉行的國家「十四五」規劃講座時致辭，說香港良好局面得來不易，香港當前需要積極參與粵港澳大灣區建設、努力破解經濟民生深層次問題，全面融入國家發展。黃柳權又勉勵我們的特首林鄭月娥，認為特區政府有能力帶領各界，繼續發揮一國兩制優勢，推動香港更好發展。   港澳辦副主任成立法會貴賓，向港府政壇人物及各官員指點迷津的同時，人民銀行召開金融機構貨幣信貸形勢分析座談會，表示中央將會以適度的貨幣增長政策去支持經濟高質量發展，流動性增強，北水資金流入已被打殘的科網龍頭股，恒生指數昨日從兩連跌中反彈，升1.05%收市，重上2.5萬點水平。   歐元區8月商業活動保持強勁，雖然比7月有所放緩，但仍是20年來第二最大增速，歐洲股市昨天全綫反彈，德國DAX指數升0.28%；法國巴黎CAC指數升0.86%；英國富時100指數升0.30%。   美國新冠疫情嚴重，截至美國當日時間星期日午夜為止，美國單週新增1,031,105宗病例，為1月31日以來新高，按週升13%；而新增死亡個案為6,868宗，按週升43%，數字更為嚇人！在美國公開市場委員會有較大影響力的委員卡普蘭表示，如果新冠變種病毒德爾塔令經濟增速大幅放緩，他可能改變應該立即縮減購債規模的看法。量化寬鬆有望延續，刺激華爾街三大指數昨日全綫上揚，道瓊斯指數升0.61%；標普500指數升0.85%；納斯達克指數升1.15%。   塔利班火速佔領阿富汗，英國計劃在今日七國峰會上討論阿富汗危機時，推動世界領導人考慮對塔利班實施新的製裁。美國總統拜登被問及如果塔利班犯下暴行，他會否支持英國推動制裁時，他表示答案是肯定的！中東局勢緊張，黃金的避險價值再被放大，加上新冠疫情在全球反彈，美聯儲卡普蘭的言論亦肯定了市場預期美聯儲將推遲縮減買債，美元從高位回落，跌破93點，金價更得以提振，並升穿1800美元心理關口，金價以接近昨日高位1805美元收市。   如欲了解詳細分析及操作建議,歡迎点击以下連結入群及向管理員查詢 https://t.me/mingtakchat

2021-08-23

August 23 rd   Today's volatility range: In the past week, the gold market failed to overcome the $1,800 mark, but failed to return, only recording an increase of one dollar. Global quantitative easing has seen its end, but the time has not yet come. The US economic data is going forward, Inflation has reached the Fed's goal, which is due to the whereabouts of employment data. However, under the new normal of the epidemic, some enterprises require employees to have completed two doses of vaccination before returning to work, which will promote faster To the group immune effect; And U.S. President Biden has officially announced that he will give the public a third shot of vaccine, which shows that even if Covid-19 does not disappear, the United States will exchange higher costs for economic recovery as soon as possible. It is difficult for the employment figures to return to the pre-epidemic level in a short time, but life will be normalized, which is beneficial for future Fed officials to reach a contraction. It is expected that Powell will not speak at the global central bank meeting, The gold market will continue to fluctuate next week, but it is relatively weak. The suggested amplitude is between 1773 and 1787.   The regulators in the Mainland are getting longer and longer. Tencent was criticized by name earlier, and its share price has plummeted and lost its position as the king of shares. Even though its published results are better than market expectations, it cannot support the rise of its share price. Strike from the mainland government Since the beginning of education, until last week, the five media called for speeding up the improvement of Internet medical care, and the regulatory authorities kept making moves. The Chinese stocks were completely beaten, especially the new economy stocks, and the Hang Seng Science and Technology Index fell by 2.46%. The Hang Seng Index plunged more than 1,515 points or 5.75% last week, losing 25,000 points, the lowest level in three weeks. With the increase of COVID-19 variant cases in the world, the economic prospect is in danger, and the price of crude oil is declining. Investors chose to withdraw from the risk market. European stock markets fell across the board last week, and the German DAX index fell 0.43%; The CAC index in Paris, France fell by 3.26%; Britain's FTSE 100 index fell 1.81%.   The minutes of the July meeting of the US Open Market Committee suggested that the debt purchase could be reduced as soon as possible this year, while the key employment data fell for three weeks in a row, supporting the remarks of hawkish officials of the Federal Reserve, which was dragged down by the decline in cyclical stocks. The Dow fell for four consecutive days, and the three major Wall Street indexes also reported losses last week. The Dow Jones index fell 1.04%; The S&P 500 index fell 0.45%; Nasdaq index fell 0.38%. The Taliban quickly occupied Afghanistan plus new york The Federal Reserve Bank's manufacturing index dropped significantly, which boosted the price of gold. Later, the market reported that Britain raised interest rates early, and the US dollar index once went low, which stimulated the price of gold to rise. The highest price of gold was $1,796 last week. Announced on Thursday for the first time last week The number of people applying for unemployment benefits has dropped for four consecutive weeks and hit a new low since the outbreak of the epidemic, indicating that the labor market is accelerating recovery. In addition, the United States announced on the same day that the leading index increased by 0.9% to win expectations, although the market is right This data pays less attention, but it integrates various economic indexes and provides a clearer picture of the current US economy. After the data was released, the US dollar index soared to 93.56, suppressing the price of gold, which hit Monday on Thursday After the new low, see $1774. Gold closed at $1781 on Friday, rising by $1 in both daily and weekly terms. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-20

August 20 th Today's volatility range: Although the minutes of the Open Market Committee in July showed that Fed officials had not reached a consensus on reducing the scale of debt purchase and the rest of the timetable, the global quantitative easing has seen the end, but the time has not yet come. The economic data of the United States is improving, and the employment data is improving, pointing to the fact that members of the Committee for Supporting Open Market began to reduce the possibility of buying debt this year. The price of gold is relatively weak in the trend. There is no more important data today, and the gold market is expected It still fluctuates within a narrow range. The suggested amplitude is between 1776 and 1790. The Census and Statistics Department announced yesterday that the latest consumer price index rose by 3.7% year-on-year. Excluding the impact of all government one-off relief measures, the basic inflation rate in July was 1%. The government said that it was mainly due to eating out and The increase in take-out expenses and the increase in local transportation expenses were caused. A government spokesman added that the sustained recovery of the local economy and the rise in import prices may bring some upward pressure on prices, but because the local economy is still below Under the level of production capacity, basic inflation should be kept under control in the short term, and the government will continue to pay close attention to the situation. Some scholars pointed out that while the coupons distributed by the government helped the catering market, the Olympic Games were held at the same time. Events or dissemination in major shopping malls, coupled with the outstanding performance of Hong Kong athletes, will also help to increase people's consumption desire and push up prices. Mainland regulators solicited opinions and made an example of the e-commerce business on the regulatory pipeline. Technology stocks reappeared yesterday. The Hang Seng Technology Index fell nearly 3% and closed at 6044 points, which was the lowest in history since the technology index; Hang Seng Index plunged more than 550 points or 2.13%, the lowest level in three weeks. With the increase of COVID-19 variant cases in the world, the economic prospect is in jeopardy, the crude oil price declines, investors choose to withdraw from the risky market, and Asian stock markets generally fall; Following the decline of Asian stock markets, European stock markets opened lower and closed lower yesterday. The closing declines of the three major European stock markets narrowed, but the decline was still large, and the German index index fell 1.52%; The index of Chengdu Aircraft Company in Paris, France fell 2.43%; Britain's FTSE 100 index fell 1.54%. The minutes of the July meeting of the US Open Market Committee suggested that the purchase of bonds could be reduced as soon as possible this year. Under the drag of the decline in cyclical stocks, the Dow fell for three consecutive days, the three major indexes on Wall Street were divided, and the Dow Jones index fell by 0.06%; S&P 500 Index Up 0.31%; Nasdaq index rose 0.43%. Last night, the United States announced the number of people applying for unemployment benefits for the first time last week, which was 348,000 higher than expected. It fell for the fourth consecutive week and hit a new low since the outbreak of the epidemic, indicating that the labor market is accelerating recovery. At 10 o'clock last night, the United States announced that the leading index increased by 0.9%, which was better than expected. Although the market paid less attention to this data, it integrated various economic indexes and more clearly provided the previous situation of the current US economy. Combined with the employment data released earlier, the US dollar index soared to 93.56. The US economic data is going forward, and the number of people applying for unemployment benefits has fallen for the fourth consecutive week. The data points to the support of the open market Committee members to start shrinking this year The possibility of buying debt, the dollar appreciated and the price of gold fell under pressure. Yesterday, the highest price of gold was $1,792, and the lowest price was $1,774, closing at $1,780, down seven dollars. For detailed analysis and operation suggestions, please click the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-19

August 19 th   Today's volatility range: The virus and the situation in the Middle East supported the early rise of gold prices, although the minutes of the Open Market Committee in July showed that Fed officials had not reached a consensus on reducing the scale of debt purchase and the rest of the timetable. However, the global quantitative easing has seen its end, but the time has not yet come. In the absence of direction, the gold market still has volatility without increasing yesterday, and it is expected to oscillate today. The suggested volatility is between 1776 and 1793.   The latest unemployment rate in Hong Kong has further dropped to 5%, and it has continued to see a low level of more than one year. Some scholars believe that consumer vouchers have stimulated the labor demand of some industries. Before the investment of enterprises has not improved significantly, COVID-19 variant virus. It has distorted the ecology of the job market, and it is estimated that the unemployment rate in Hong Kong will bottom out when it falls back to 4%, making it difficult to return to the pre-epidemic level. Tencent, which is supervised by the mainland, announced its results yesterday, and earned 28% more in the second quarter, which was better than the market expectation. During the period, the game revenue increased by 12%, which was mainly driven by corporate services and advertising, and the growth of international game business revenue, which offset the compression of the Chinese market. Driven by the ideal performance of former shareholders and the decline of unemployment rate in Hong Kong, Hong Kong stocks rebounded yesterday, with Hang Seng Index rising 0.47% to close. European data are uneven, and the growth of consumer prices in Britain is slowing down and worse than expected, but in the euro zone, the same data recorded growth, which is in line with market expectations. The three major European stock markets developed independently yesterday, the German DAX index Up 0.28%; The CAC index in Paris, France fell by 0.13%; Britain's FTSE 100 index fell 0.76%. The minutes of the July meeting of the US Open Market Committee suggest that the purchase of bonds can be reduced as soon as possible this year, and the market is worried about the reduction of liquidity It is difficult to support the growth of enterprises, the US stock market has been greatly inserted, the three major indexes on Wall Street have fallen across the board, and the Dow Jones index has fallen by 1.08%; The S&P 500 index fell 1.05%; Nasdaq index fell 0.89%. American Open Market Commissioner From the minutes of the meeting held in July, it can be seen from the report that there is still no consensus on reducing the scale of debt purchase and the rest of the timetable! The minutes recorded that most participants agreed that the COVID-19 variant virus strain was extensive Communication will temporarily delay the overall restart of the economy, and the employment situation has not made further progress, especially in the labor market demand. Members generally agreed that it might be appropriate to shrink the table this year. Some participants suggested that it would be prudent to prepare to slow down the pace of asset purchase relatively quickly, but stressed that only when further substantive progress is made, Will reduce the pace of buying debt. Despite this, the minutes also mentioned the way to reduce the table in the future, and most officials thought that it would be more beneficial to reduce the purchase of mortgage certificates and national debt in proportion. Gold rose slightly yesterday, The virus and the situation in the Middle East supported the gold price to rise in the early stage, with the highest price of gold reaching 1,794 US dollars. After that, the US housing construction permit increased by 2.6%, which was better than expected. The gold price fell under pressure and the lowest price was 1,777 US dollars. As seen in the minutes of the Open Market Committee, Fed officials have yet to reach a consensus on reducing the scale of debt purchase and the rest of the timetable, and the price of gold began to rebound, closing at $1,787 yesterday, up $1. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat  

2021-08-18

August 18 th   Today's volatility range: Powell said in his speech that he was uncertain about the impact of the variant virus on economic recovery, while the number of people infected in COVID-19 in the United States increased rapidly. Last night, another Fed official made a speech to support the compressed quantitative easing policy. However, the tone is soft, saying that the key is when to implement it. The market is waiting to announce the minutes of the July meeting of the US Open Market Committee tomorrow morning, but the attitude of the Fed officials towards debt reduction is vacillating. You can refer to the records of the Reserve Bank of Australia released one day earlier to see if they can serve as a stone against jade. According to the latest minutes of the Reserve Bank of Australia meeting, the recent outbreak of variant COVID-19 has interrupted the economic recovery, so the prospects are highly uncertain. Although the Reserve Bank of Australia will reiterate the previously announced bond purchases, Speed adjustment, wage growth and potential inflation are all expected to rebound, but this recovery may only be gradual. The unemployment rate is expected to rise in the short term, and the Monetary Policy Committee is ready to take action to deal with it Further bad news, and having evaluated the possibility of delaying the reduction of bond purchase scale, the Committee agreed not to raise interest rates until the real inflation rate remained within the target range of 2% to 3%. Visible in variety Under the threat of virus, the RBA's tone has also softened recently. Is America an exception? In the absence of direction, the gold market fluctuated without increasing yesterday, and it is expected to oscillate today. The suggested volatility is between 1778 and 1802.     Locally, the 11-day zero diagnosis cable was adhered to, and a female patient who worked at the airport was diagnosed with a highly contagious variant virus strain, which was estimated to have been infected during work. As the incubation period has been wandering in the community, Worried about the outbreak of the The 5th Wave epidemic, the government tightened its epidemic prevention measures again, and tightened the boarding, quarantine and testing requirements for arrivals from overseas regions. Starting from the 20th of this month, after two injections were given to arrivals from medium-risk areas, No longer recognize the isolation measures reported by the serum to reduce 7 days, that is, except those arriving in China, they should be isolated in hotels for at least 14 days. With the further tightening of the regulatory policies in the Mainland, the State Administration of Market Supervision has banned Internet monopoly. It is forbidden for websites to forcibly convert links, or use data, algorithms and other technical means to influence users' choices or other means. Science and technology leaders have once again become victims. In the past, the Chinese government encouraged enterprises to create a strong wind Instead, the bigger you are, the less you can survive. Hang Seng Technology Index fell more than 3.1%, and Hang Seng Index closed down 1.66%. The UK released labor data yesterday, the number of people applying for unemployment benefits decreased by 78 million, and the new jobs broke the record in the past 20 years. Some investment banks reported that the strong labor market momentum in the UK may prompt the Bank of England to In the second quarter of 2022, the interest rate will be raised. The three major European stock markets developed independently yesterday, and the German DAX index fell 0.02%; The CAC index in Paris, France fell by 0.28%; The FTSE 100 Index rose 0.38%. Powell, chairman of the Federal Reserve Board of the United States, said that it is uncertain that the variant virus has an important impact on economic recovery, saying that the Fed's policy has limitations, the US stock market is scattered, and the three major Wall Street indexes have fallen across the board. Dow Jones index fell 0.79%; The S&P 500 index fell 0.71%; Nasdaq index fell 0.93%. The gold market rose first and then fell, and the UK raised interest rates early. The US dollar index once went low, stimulating the price of gold to rise, and the price of gold was the highest 1796 US dollars, and then the US retail sales fell by 1.1%, indicating that the road to economic recovery in the United States was not uneven. US stocks fell, the US dollar became a safe haven, and the gold price was adjusted back. The lowest price was 1781 US dollars, which closed at 1786 US dollars yesterday. Down one dollar. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat