Gold market analysis

2020-12-02

Today's volatility range: Gold retaliated yesterday. The new U.S. Treasury Secretary showed doves during his tenure as chairman of the Federal Reserve Board. It is expected that there may be a larger post-epidemic economic stimulus plan after taking office successfully. By then, the gold price will have a better understanding of resisting inflation and currency depreciation. Today's major volatility is 1805-1830 USD. After the Federal Reserve Bank of Australia lowered the central bank's interest rate to 0.1% in October, it announced again yesterday that the interest rate will remain unchanged at 0.1%. Australian Federal Reserve Bank Chairman Lowe said yesterday that Australia is overcoming the economic blow brought by the COVID-19 outbreak. The goal is to bring inflation back to the 2%-3% set by the RBA last month, and expect a substantial increase in wage growth. In order to revitalize the economy, the Federal Reserve Bank of Australia not only cut the central bank interest rate, He participated in the quantitative easing policy for the first time and tried to support the economy by directly purchasing government bonds. In November, he completed the purchase of more than 60 billion US dollars of state government bonds and just started to purchase more government bonds as much as 100 billion US dollars. And provided a credit line of up to 200 billion U.S. dollars to the country's commercial banks, with a view to lending the cash to small and medium-sized enterprises. Lowe pointed out that the Federal Reserve Bank of Australia does not expect to change the interest rate setting until 2024, implying that it has no intention of implementing negative interest rate policy. Australia's economic system is inferior to that of the United States, but the challenges facing the economic prospects are the same. Whether the actions of the Reserve Bank of Australia can serve as a reference for investors as the Federal Reserve will be announced in mid-December. At present, however, it is more likely that American financial officials tend to be doves. Federal Reserve Chairman Powell disclosed in his preparatory speech to the Senate Finance Committee yesterday that the slow recovery of the United States and the rebound of the new pneumonia epidemic mean that the United States will be challenging in the next few months, indicating that economic growth and the job market have rebounded significantly since the second quarter. But many Americans are still in trouble. Also present with Powell was the current U.S. Treasury Secretary Mitchin, who said in his testimony that he strongly urged Congress to use the unused $455 billion in the Economic Relief Act. To pass another bill supported by both parties, and to show that the government is ready to support Congress to help workers and small and medium-sized enterprises that continue to be affected by the epidemic. In addition, Yellen, the former chairman of the Federal Reserve Board, has been confirmed to be appointed as the new US Treasury Secretary by Biden, the winner of the US general election. She said that she will do her best to benefit all Americans after taking up her new job. Yellen was a dove during her tenure as chairman of the Federal Reserve Board. Has been calling on the government to increase fiscal expenditure to promote economic recovery, which is similar to the idea of the Democratic Party of the United States. It is expected that after taking office successfully, a larger post-epidemic economic stimulus plan may be launched.   Stimulated by the good news that the vaccine will be distributed soon, the European and American stock markets did a good job yesterday, and the German DAX index rose by 0.69%; French CAC index rose by 1.14%; The FTSE 100 Index rose 1.69%. The three major indexes of new york stock market all reached new highs in yesterday's trading session. Dow Jones index rose 063%; The Standard & Poor's 500 Index fell 1.13%; Nasdaq index rose 1.68%. The news of vaccines came out one after another, and the election results became clear gradually, but the US dollar epidemic was weak, and the US dollar index hit a three-week low, closing at 91.18 points. Gold rebounded retaliated yesterday, and the price of gold rose when it opened yesterday. The highest rose to $1817 per ounce, and closed at $1815 per ounce, rising by $38. Bitcoin rose to US$ 19,910 per piece yesterday, reaching a record high, but for investors aiming at 20,000 yuan, it can be described as a step away, but it was all successful at the end! Close at about 19110 each. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/UHHKFlQVzTCbjfPiBKIOPQ

2020-12-01

Today's volatility range: Gold continues to be under pressure, but with the implementation of quantitative easing by central banks around the world and the sustained low interest rate, after the vaccine news is digested, investors will eventually return to the gold market to fight inflation and currency depreciation with gold. Long-term investment is still worth it. Pre-rebound today, and the volatility narrowed, with the main volatility ranging from USD 1774 to USD 1785. Very cold, the guests are rare The Brexit issue, which had not been settled for a long time, entered the countdown stage. Since Banier, the chief negotiator of the European Union, arrived in London on October 22 to restart the negotiations, it was mentioned in the memorandum signed at that time that "unless a final comprehensive agreement is reached, nothing agreed in the negotiation process will count. 」 Some politicians from the European Union and Britain said that at this stage, most of the terms of trade have been agreed, but there are barriers in fisheries. Because Britain wants to levy 85% tax on the EU's catches entering British waters, EU representatives disagree with the tax rate. Accusing Britain of creating unfair competition and pointing out that the EU will not do whatever it takes to get Brexit under the agreement of Britain, while British Foreign Secretary Rab suggested that the EU should realize that regaining control of British waters is a sovereignty issue for Britain. The two sides shift the responsibility of making concessions to each other, Whether there is a result in the remaining week to avoid hard Brexit depends on whose means are higher. With the problem of Brexit, the major European stock markets fell across the board yesterday, and the German DAX index fell 0.3%; The French CAC index fell 1.4%; Britain's FTSE 100 Index rose and fell 1.6%. After Thanksgiving, the retail data in the United States were released one after another. Last week, "Black Friday" was a traditional retail boom, but it was obvious that the epidemic severely hit the sales of physical stores, but the epidemic severely hit the sales performance of physical stores. Although traditional department stores were not popular, However, the days of long queues are no longer seen again. On the contrary, online shopping achieved great success again on Monday. Some experts estimated that sales would break records and surpass 10 billion US dollars for the first time, with a budget of 10.8 billion US dollars to 12.7 billion US dollars. The new york stock market fell across the board on the last trading day of November yesterday, led by aviation, cruise ships and retail industry, and the Dow Jones index fell 0.91%; The Standard & Poor's 500 Index fell 0.46%; Nasdaq index fell 0.06%. Federal Reserve Chairman Powell disclosed in his preparatory speech to the Senate Finance Committee yesterday that the slow recovery of the United States and the rebound of the new pneumonia epidemic mean that the United States will be challenging in the coming months. Powell strongly encouraged the two parties to adopt a new round of epidemic assistance programs, Help nationals and small businesses; It also proposes to extend the loan plan of the Federal Reserve due on December 31 for another quarter to increase market liquidity. The US dollar index rebounded slightly yesterday. With the news of vaccines coming out one after another, the election results became clear gradually, and gold, which is regarded as a traditional safe-haven investment tool, continued to be under pressure. The price of gold fell another $10 to close at $1,777 per ounce yesterday. At worst, it fell to $1,764, the market price of long-term technical investors mentioned yesterday, which means it rebounded rapidly. Although gold was temporarily suppressed by the news of vaccine, after the news of vaccine was digested, in the environment of quantitative easing and sustained low interest rates by central banks all over the world, Investors will eventually return to the gold market to fight inflation and currency depreciation with gold, which is still worth investing in the long term. The non-agricultural data released by the United States on Friday in November has attracted much attention. The market estimates that there will be 500,000 new non-agricultural jobs. It is lower than the 638,000 in October. If the employment data in the United States is really poor, it will be another support for the gold market. Bitcoin fell to about $16,200 per piece last week, and rebounded after falling 9% last week. Yesterday, the highest price was close to $19,860 per piece. It closed at about 19,450 per piece, rising by 7%, and the target of 20,000 yuan can be expected. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/UHHKFlQVzTCbjfPiBKIOPQ

2020-11-30

Today's volatility range: Gold was greatly reduced by vaccine news, while the US dollar continued to be weak, and the US dollar index once fell below 91.7 points. Central banks around the world implemented quantitative easing, and under the environment of sustained low interest rates, after the vaccine news was digested, Investors will eventually return to the gold market to fight inflation and currency depreciation with gold, which is still worth investing in the long term. There are big fluctuations in the gold of the US presidential election, and long-term technical investors can enter the market for $1,764. Today's major volatility is $1775 to $1792. Focus on non-agricultural data As the results of last week's US election became clear, Giuliani, a personal lawyer of US President Trump and former mayor of new york, said that the campaign team decided to withdraw the lawsuit against Michigan's controversial voting results. And in Pennsylvania, The Supreme Court of Appeal also rejected the lawsuit of President Trump, saying that Trump's election team had no real evidence of voting fraud. Trump has always stressed that the votes of every legitimate voter should be counted, not illegal votes. Therefore, he denied losing the election, but pointed out that if voters choose Biden on December 14th, the national voter polling day, he will leave the White House. On the other hand, Murphy, director of the US Federal General Services Department, has written to Biden of the Democratic Party. Admit Biden as an "obvious winner" and inform him that he can formally start the transition work. Biden also began to organize his administration team. It is said that Biden will nominate former Federal Reserve Chairman Yellen as the US Treasury Secretary. When Yellen was the chairman of the Federal Reserve Board, she was a dove and always called on the government to increase fiscal expenditure to promote economic recovery. Similar to the idea of the Democratic Party of the United States, it is expected that after taking office successfully, a larger post-epidemic economic stimulus plan may be launched. Last week, after Pfizer and Moderna published the third phase clinical trial report, AstraZeneca, a British pharmaceutical manufacturer, also announced last week that the third phase test of COVID-19 vaccine jointly developed with Oxford University had been completed. The experimental results showed that, The effective rate of their vaccine can reach 70%, and the effective rate of the procedure of supplementing two consecutive full doses is only 62%, while the effective rate of the procedure of first inoculating half dose and then inoculating one whole dose is 90%. In addition, The pharmaceutical company "Regenerator", which once provided "antibody cocktail therapy" to US President Trump, issued a statement saying that it had obtained an application for emergency use authorization from the US Food and Drug Administration for its SARS-CoV-2 antibody therapy. According to reports, Trump promised earlier that if he applied for emergency authorization, the government would provide the initial dose to the American people free of charge. Experts estimated that the antibody drug of Regenerator could be launched before the end of the year at the earliest. With the news of vaccines coming out one after another, the election results became clear gradually, and with the success of the external stock market, gold, which is regarded as a traditional investment tool, continued to be under pressure. The price of gold was adjusted downwards last week, reaching a minimum of $1,778 per ounce, and finally closed at $1,787 per ounce. It fell by $93 throughout the week. Although gold is temporarily suppressed by vaccine news, under the environment of quantitative easing by central banks around the world and sustained low interest rates, investors will eventually return to the gold market after the vaccine news is digested. Using gold to fight inflation and currency depreciation is still worth investing in the long term. The US dollar continues to be weak, and the US dollar index has fallen below 92 points, which is already a favorable factor for gold. In addition, the non-agricultural data released by the United States on Friday in November has attracted much attention, and the market estimates that there are 500,000 new non-agricultural jobs. It is lower than the 638,000 in October. If the employment data in the United States is really poor, it will be another support for the gold market. Last week, the virtual currency market plunged, and the market rumored that US Treasury Secretary Mitchin planned to introduce new rules to supervise self-managed cryptocurrency wallets. Financial institutions are required to verify the identity of the holders and collect the information of both parties and wallet holders. This rumor deviates from the wide range of virtual currency and the original intention of borderless transaction, and may increase the risk of stealing virtual currency, and may further stifle the application of cryptocurrency. Bitcoin fell to about $16,200 per piece last week, closing at close to $17,100 per piece, with a drop of 9% and expected to rebound. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/UHHKFlQVzTCbjfPiBKIOPQ

2020-11-27

疫苗消息被消化，新冠病毒在歐洲蔓延之勢再被市場關注， 繼德國宣佈延長封鎖措施直到聖誕節前之後，英國首相約翰遜昨日向公眾表示，英國正值嚴冬，為舒緩病毒傳播，及避免醫療機構不勝負荷， 將重新實行防疫三級制措施直至明年春天，英國大部分片地區將處於最高級別的第三級防疫限制，而倫敦則被列入為第二級。 而英國財政大臣辛偉誠早日表示，因受疫情打擊，預測今年經濟將收縮11.3%。這是300年以來英國最大收縮記錄。   延長防疫限制再度影響市場氣氛，市場憂慮疫情會打擊近期經濟，尤其對11及12月的西方傳統零售旺季造成的損害， 事實上，法國昨日公佈11月消費者信心亦正正反映市場憂慮，數據跌至兩年低位的90點，差於市場預期。 歐洲主要股市昨日全綫下滑，德國DAX指數微跌不足0.1%； 法國CAC指數亦跌0.1%；英國富時100指數則下跌0.4%。   美國股市因感恩節休市，但美國新型冠狀病毒疫情持續惡化，失業數據連續兩個星期上升，美國經濟復甦之路可能比想像更艱辛， 而新一輪疫情援助措施拖拖拉拉，久久不能通過，亦會帶來更深遠影響，更多中小型商業被逼結束營業，增加失業率的惡性巡環。 昨日，虛擬貨幣市場大幅下瀉，市場傳言美國財長姆欽計劃推出新規則，以監管自託管加密幣錢包，要求金融機構驗證持有人的身份，並收集交易雙方及錢包持有人的資訊。 這傳言偏離了虛擬貨幣的廣泛及無國界交易的原意，亦可能增加虛擬貨幣被偷取的風險，並可能進一步扼殺加密貨幣的應用。 比特幣昨日最差曾跌至約每枚16200美元，以接近每枚17100美元收市，跌幅達9%。   黃金受疫苗消息打壓而出現早日大瀉，但消息將陸續消化，昨日金價窄幅震盪，最低曾見每盎司1804美元，仍力守1800美元之上， 最高曾升至每盎司1818美元，最終於每盎司1810美元，升2美元。 美元持續弱勢，美元指數跌破92點，是利好金市的其中一項支持。   如欲了解詳細分析及操作建議，歡迎CLICK以下連結入群及向管理員查詢 https://t.me/joinchat/UHHKFlQVzTCbjfPiBKIOPQ  

2020-11-26

Today's volatility range: Vaccine news was gradually digested, and the price of gold was still sticking to the $1,800 mark per ounce yesterday. The poor performance of US employment data and the weakening of the US dollar all contributed to the market outlook. Yesterday's proposal is still valid today, That is to say, it is expected to fight around $1,810. Today, the main volatility is $1,800 to $1,820. Comments: The news of the vaccine was digested, and the spread of SARS-CoV-2 in Europe was once again concerned by the market. Germany is still trying to suppress the rise of the epidemic. German Chancellor Merkel announced yesterday that it would extend the partial blockade measures for at least three weeks. Until Christmas. On the contrary, France, which has already implemented stricter social measures, has achieved results. French President Macron said that he would gradually lift the nationwide blockade from Saturday, and major European stock markets developed individually yesterday. Germany DAX index closed flat; French CAC index also rose by 0.2%; British Chancellor of the Exchequer Xin Weicheng announced the latest British economic forecast, which estimated that the economy will shrink by 11.3% this year. Although the contraction rate is lower than the original estimate of 12.4%, However, it didn't help the pessimism in the UK stock market, and the FTSE 100 index fell by 0.6%. The novel coronavirus epidemic in the United States continued to deteriorate, and there were more than 150,000 cases of infection yesterday. The number of patients in New York increased by 6,000 in a single day, breaking the new high since April, but the public ignored the warning of the US Centers for Disease Control and Prevention. A large number of citizens still travel before Thanksgiving holiday. Before the Thanksgiving holiday, the new york stock market was driven by emerging technology stocks. The Nasdaq index continued its upward trend last day and rose by 0.5%. The rest retreated, and the Dow Jones index fell by 0.6%. Once again lost the 30,000 mark; The Standard & Poor's 500 Index fell by 0.2%. Yesterday, the United States released a number of data, and the performance was uneven. The US GDP in the third quarter increased by 33.1%, in line with market expectations; The US crude oil inventories decreased by 0.75 million barrels last week. The market was better than expected, but the number of people applying for unemployment benefits for the first time in the United States increased by 30,000 last week, recording that 778,000 people were worse than expected, which also increased for two consecutive weeks. It shows that American economic growth is slowing down. After an early plunge, the price of gold was fixed yesterday. Yesterday, the low price was $1,802 per ounce, which kept the $1,800 mark. After the employment data was released, it even rose to $1,818 per ounce. At last, it closed flat at $1,808 per ounce, without rising or falling. Although gold was temporarily suppressed by vaccine news, after the vaccine news was digested, in the environment of quantitative easing and sustained low interest rates by central banks all over the world, Investors will eventually return to the gold market to fight inflation and currency depreciation with gold, which is still worth investing in the long term. In addition, the minutes of the Federal Reserve Board meeting in November showed that there were discussions on how to provide more support to the market and economy. The US dollar index fell nearly 0.2% to 92.02 points. Bitcoin, the virtual currency, fluctuated, reaching a maximum of nearly $19, 500 per piece and closing at nearly $18,700 per piece. I believe Bitcoin will remain strong in the short term. There is a good chance to challenge $20,000. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/UHHKFlQVzTCbjfPiBKIOPQ

2020-11-25

With the news of vaccines coming out one after another and the success of the external stock market, gold, which is regarded as a traditional investment tool, continues to be under pressure. The price of gold keeps dropping all day, reaching as low as $1,800 per ounce and finally closing at $1,808 per ounce. Down $30. Although gold is temporarily suppressed by vaccine news, under the environment of quantitative easing by central banks around the world and sustained low interest rates, investors will eventually return to the gold market after the vaccine news is digested. Using gold to fight inflation and currency depreciation is still worth investing in the long term. Yesterday, it stood firm at $1,800 per ounce. If it can stay stable above $1,810 per ounce, it is expected to change the trend. The virtual currency "Bitcoin" has an immune effect on vaccine news; Yesterday, bitcoin ran counter to the performance of gold, which can even be described as heaven and hell. Bitcoin followed the gold market in the early days of yesterday. At one time, it was close to $18,000 per piece, but it started rising at noon, with the highest value of $19,440 per piece, and closed close to $19,150 per piece, up about $800. I believe Bitcoin will remain strong in the short term, with a great chance to challenge 20,000 US dollars. Another investment product benefiting from vaccines is crude oil. The research and development of new pneumonia vaccine has made progress, and the market is looking forward to the recovery of crude oil demand. The oil price has reached a new high since the outbreak of the epidemic in the United States, and the new york oil futures closed at $44.8. Looking back at the negative oil price before, I thought it was a dream. Stimulated by the positive news of the research and development of the new pneumonia vaccine, and the third quarter GDP of Germany announced yesterday, the data is pleasant, recording a positive growth of 8.5%. The growth rate was 8.2% better than the market expectation, breaking the biggest quarterly growth rate on record, and ending the contraction for two consecutive quarters. In addition, the second wave of COVID-19 outbreak in France has eased, and the market expects that the blockade measures may be relaxed. It is also conducive to promoting the market upward; Major European stock markets rose across the board yesterday, and the German DAX index rose 1.3%; French CAC index also rose by 1.2%; Britain's FTSE 100 Index rose by 1.6%. The novel coronavirus epidemic in the United States continued to deteriorate, and there were more than 130,000 cases of infection yesterday. The public was not afraid of the warning from the US Centers for Disease Control and Prevention, and a large number of people went out before the Thanksgiving holiday. Americans' mentality of dying may only be understood by some people in Hong Kong dancing groups. The new york stock market has also done a good job with vaccine news, and the Dow Jones index rose by about 1.5%; The Standard & Poor's 500 Index rose 1.6%; Nasdaq index rose 1.3%. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/UHHKFlQVzTCbjfPiBKIOPQ

2020-11-24

Following the release of the third clinical trial report by Pfizer and Moderna, AstraZeneca, a British pharmaceutical manufacturer, announced yesterday that the third phase of the COVID-19 vaccine jointly developed with Oxford University had been tested. The experimental results show that the effective rate of their vaccine can reach 70%, and the effective rate of the program of supplementing two consecutive full doses is only 62%, while the effective rate of the program of inoculating half doses first and then inoculating one whole dose is 90%. Although AstraZeneca's efficiency is inferior to that of Moderna and Pfizer, it has the same influence on the market. Investors prefer risky assets and avoid safe-haven assets, and gold becomes the object of exchange. Yesterday, the price of gold was also made in the early stage, and the highest price was 1876 US dollars per ounce. However, when entering the European market, it was exhausted and returned to the opening price. After AstraZeneca reported, it began to fall, and the decline turned sharply in the US market , the worst is $1,831 per ounce, the fluctuation is $45, and it finally closes at $1,838 per ounce, down $12. Although gold is temporarily suppressed by vaccine news, under the environment of quantitative easing by central banks around the world and sustained low interest rates, after the vaccine news is digested, investors will eventually return to the gold market to fight inflation with gold. Long-term investment should approach 1800 per ounce. Bitcoin, the virtual currency, was also affected by the "good" news of vaccines. It rose to $18,700 per vaccine yesterday, but it fell to $18,010 per vaccine after the news came out. It stuck to the 18,000 mark and closed at $18,330 each, down about $110. I believe Bitcoin will remain strong in the short term, with a great chance to challenge 20,000 US dollars. In terms of data, Germany, the United Kingdom and the United States released the regional purchasing managers' index yesterday. The data of the three countries are better than the market estimates, especially the American manufacturing purchasing managers' index is the most prominent. It rose to 56.7 points of the largest expansion since September, 2019, but it should be noted that this high expansion may be caused by the repression since the epidemic and the additional orders to make up for the traditional important festivals "Thanksgiving Day" and "Christmas Day" in the United States on November and December. The results of the American election gradually favored Biden. Murphy, director of the US Federal General Services Department, wrote to Biden of the Democratic Party, acknowledging Biden as an "obvious winner" and informing him that he could formally start the transition work. Biden also began to organize his administration team. It is said that Biden will nominate former Federal Reserve Chairman Yellen as the US Treasury Secretary. If Yellen's nomination is approved, she will be the first woman to hold the post of US Treasury Secretary. When Yellen was the chairman of the Federal Reserve Board, she always called on the government to increase fiscal expenditure to promote economic recovery. Similar to the idea of the Democratic Party of the United States, it is expected that there will be a larger post-epidemic economic stimulus plan. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/UHHKFlQVzTCbjfPiBKIOPQ

2020-11-23

The virtual currency Bitcoin continued to be strong, rising above 14,000, 15,000 and 16,000 in less than three weeks before, breaking the 17,000 mark on Monday and breaking the 18,000 mark on Thursday. The highest price was $18,190 per piece, but it still failed to stabilize. It finally closed at more than 18,000 on Friday and yesterday, and the highest price was $18,850 per piece, closing at $18,435 per piece. I believe Bitcoin will remain strong in the short term, with a great chance to challenge 20,000 US dollars. Last week, Moderna, an American drug, issued another statement, saying that its COVID-19 vaccine was effective at 95%. Again, he said that regulatory approval may be sought in the coming weeks. Affected by the vaccine news, the gold market had a false alarm on Monday, and it had plunged 30 dollars in three minutes. Although the lost land was gradually recovered, it kicked off last week's four consecutive losses, with a minimum of $1,853, which turned into a low-sucking opportunity, and finally rebounded to $1,871 per ounce on Friday. A total of 19 dollars fell in a week. It is expected that the price of gold will only fluctuate between 1850 and 1900 before the official US president's name. Former new york Mayor Giuliani, a personal lawyer of US President Trump, said that the campaign team decided to withdraw the lawsuit against Michigan's controversial voting results. But he stressed that, The votes of every legitimate voter should be counted, and the illegal votes should not be counted. They will still be won by legal means in other States. On the other hand, a federal judge in Pennsylvania, USA, Rejected the lawsuit of President Trump, saying that Trump's election team had no real evidence of voting fraud. Trump's team of lawyers indicated that they would appeal the ruling. The results of the American election gradually favor Biden, but uncertainties will always cause political troubles, affect the efficiency of administration, and make investors wary. The novel coronavirus epidemic in the United States continues to deteriorate, with an average of more than 180,000 infections per day last week. The US Centers for Disease Control and Prevention strongly advises people not to travel during the Thanksgiving holiday next week. It is also suggested that people avoid gathering with people who do not live together. But last weekend, a large number of citizens began to travel for Thanksgiving reunion, which created a new wave of threats. It is expected that before the vaccine is launched in the market, Virus pandemic will still pose livelihood and economic problems. However, it is said that US House Speaker Pelosi and Senate Majority Leader McConnell will return to the negotiating table and reach a consensus on the scale of the stimulus plan. The new round of aid program of the US government is expected to pass. The data released by the United States last week were mixed. The most striking thing is that the number of people who first applied for unemployment benefits in the United States last week was 742,000, which was worse than expected. It is the first time that the number of applicants has rebounded since August, and the US retail sales data is also worse than market expectations; Only crude oil inventories increased slightly by 0.77 million barrels, which was better than expected. The US economic growth is facing an inflection point. Investors should pay close attention to the news of the Federal Reserve Board meeting in December. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug​​​​​​​ [https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug]

2020-11-20

The dollar continued to slump, closing at 92.26 points. Yesterday, the price of gold still fluctuated in the range, with the highest price of $1,874 per ounce and the lowest price of $1,853. However, it rebounded rapidly after hitting the bottom, and it became a low-sucking opportunity near $1,850. It finally closed at $1,866 per ounce, down $6. It is expected that the price of gold will only fluctuate between 1850 and 1900 before the official name of the US president. The virtual currency "bitcoin" has continuously risen above 14,000, 15,000 and 16,000 in less than three weeks. Just broke the 17,000 mark on Monday, and broke the 18,000 mark several times yesterday. Yesterday, the highest price was $18,190 per piece, but unfortunately it still failed to stabilize. The lowest price was $17,346 per piece, and finally it closed at nearly $17,800 per piece. I believe Bitcoin will still hover around 18,000 in the short term. Former new york Mayor Giuliani, a personal lawyer of US President Trump, said that the campaign team decided to withdraw the lawsuit against Michigan's controversial voting results. But he stressed that the votes of every legitimate voter should be counted. Instead of counting illegal votes, he said that after investigation, they found that there were repeated and unified violations in several states. It seems that Trump will change his strategy and join the investigation of election fraud to prolong the election war. In addition, the Wisconsin Election Commission announced that it would recount the votes of two local districts that are closer to the voting results, and finish it before December 1. Although Biden, the Democratic Party of the United States, claimed to win the election, However, the General Administration of the United States has not yet signed a document recognizing the new president-elect. The uncertain factors in the US election results will always cause political troubles and affect the efficiency of administration. The novel coronavirus epidemic in the United States continued to deteriorate, and more than 180,000 cases of infection occurred yesterday. The US Centers for Disease Control and Prevention strongly advised people not to travel during the Thanksgiving holiday next week. It is also suggested that people avoid gathering with people who do not live together. It is expected that the virus pandemic will still pose livelihood and economic problems before the vaccine is launched in the market. However, it is said that US House Speaker Pelosi and Senate Majority Leader McConnell will return to the negotiating table. And reached a consensus on the scale of the stimulus plan, the new round of aid program of the US government is expected to pass. The news stimulated the new york stock market to rise, and the Dow Jones index rose by 0.2%; The Standard & Poor's 500 Index rose 0.4%; The Nasdaq index rose 0.9%. Last night, the data released by the United States were mixed. Last week, 742,000 people applied for unemployment benefits for the first time in the United States was worse than expected, while the manufacturing index of Philadelphia Federation last month was 26.3 better than expected. The U.S. economy is facing an inflection point, Investors should pay close attention to the news of the Federal Reserve Board meeting in December. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug​​​​​​​ [https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug]  

2020-11-19

Yesterday, Pfizer Inc. announced the final data of clinical test, indicating that the novel coronavirus vaccine jointly developed by Pfizer Inc. and German biotechnology company has a final effective rate of 95%. And there are no serious side effects, the company will apply to the U.S. Food and Drug Administration for emergency use permission this Friday, and the company has also launched a tight review application for European regulators, claiming that if all goes well, The approval of these two institutions can be obtained before the end of December. Finally, the company emphasized that its vaccine has good tolerance, and looked forward to developing a vaccine which is suitable for transportation and does not need low temperature storage in February 2021. Affected by the news, Pfizer's share price rose by 0.8%. However, some US government officials said that it will take about 7 to 10 days to grant the emergency right to use. Affected by COVID-19 vaccine news, the German DAX index rose by 0.5% in major stock markets and bombs in Europe; French CAC index also rose by 0.5%; Britain's FTSE 100 Index rose by 0.3%. The new york stock market did well in the early stage with vaccine news, and the Dow Jones index did well in the early stage, but the epidemic continued to deteriorate. Yesterday, the number of newly infected people in the United States reached a new high of 152,000. The US Department of Health warned the public that severe winter was approaching and SARS-CoV-2 had the opportunity to make the last big outbreak. The Federal Reserve Chairman Powell also said that, The recent progress in vaccine research and development is good news in the medium term, and the local economy is expected to continue to recover steadily, but it may lose momentum due to the surge in the number of people infected with pneumonia in COVID-19. The warning sounds alert investors, The stock market retreated, and the Dow Jones Index and the Standard & Poor's 500 Index fell by about 1.2% respectively; The Nasdaq index fell by 0.8%. The dollar continued to slump, closing at 92.38 points. Yesterday, the price of gold still fluctuated within the range. When it opened, it fell from a high of $1,880 per ounce to a minimum of $1,864, and finally closed at $1,872 per ounce. Down $8. It is expected that the price of gold will only fluctuate between 1850 and 1900 before the official US president's name. On the other hand, the virtual currency "Bitcoin" has continuously risen above 14,000, 15,000 and 16,000 in less than two weeks. It just broke the 17,000 mark the day before yesterday, and rose above the 18,700 mark yesterday. The highest price was $18,473 per piece, but it failed to stabilize and finally closed at $17,777 per piece. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-18

Affected by COVID-19 vaccine news, Dow Jones index and Standard & Poor's 500 Index both hit record highs on Monday, but the market data released last night was weak, and the core retail sales in the United States only rose by 0.2% last month. The 0.3% increase in retail sales in the United States last month was worse than expected, which was the worst growth rate in half a year. The slowdown in growth rate reflected that the epidemic spread too fast in the United States, which plagued people's livelihood and made consumers feel hesitant about the prospects. Consumer sentiment is falling. In addition, U.S. House Speaker Pelosi and Senate Majority Leader McConnell still hold their own opinions on the scale of the stimulus plan, and the new round of aid plan of the U.S. government is hopeless to pass this year. The previous economic assistance has also been exhausted, the new york stock market retreated, and the Dow Jones index fell slightly by less than 0.1%; The Standard & Poor's 500 Index fell by about 0.5%; The Nasdaq index fell by 0.2%. Although the stock market fell, the Bank of America made a survey to fund managers, which showed that the investment sentiment of fund managers was the most optimistic this year. The fund managers estimated that the optimistic degree of economic growth and profit would be the highest in 20 years. The survey also showed that the cash level they held for customers was greatly reduced and lower than the level before the outbreak of the epidemic, while the funds obviously turned to emerging markets, small stocks, value stocks and banking stocks, and the cash was reduced Allocation of bonds and basic consumer stocks. Most of the fund managers interviewed said that they are in the early stage of the economic expansion cycle instead of recession, so they tend to increase investment. The tightening of restrictive measures in many European countries has caused the market to doubt the rapid economic rebound, and the vaccine news has been digested to 7788. In addition, there are obstacles in the Brexit negotiations in the UK, and the French representative made it clear that he would oppose any agreement proposed by the UK. Unless Britain can dispel his worries about fishing. The major European stock markets developed individually, and the German DAX index was flat; French CAC index rose by 0.2%; Britain's FTSE 100 index fell 0.9%. The US dollar continued to slump, with the US dollar index falling 0.1% to close at 92.4 points. The price of gold was also soft, reaching a peak of $1,894 per ounce, but the market outlook was weak, falling to $1,877 per ounce and finally closing at $1,880 per ounce. Lose $8. It is expected that the price of gold will only fluctuate between 1850 and 1900 before the official US president's name. On the other hand, the virtual currency "Bitcoin" has continuously risen above 14,000, 15,000 and 16,000 in less than two weeks. Yesterday, it broke the 17,000 mark again, with the highest price of $17,868 per piece, only $132 short of the next mark of $18,000. It is not surprising to break through again, it is only a matter of time. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-17

After eight years of negotiations, the world's largest free trade agreement was finally signed by video on the 15th of this month. The success of this signing is due to the moral responsibility among member States. There are two recent causes. First, the global outbreak of the COVID-19 epidemic has caused the global economy to shrink. Many countries use quantitative easing to save the domestic economy, but the most important thing is to create private wealth. Including business operations and people's employment, to improve the economic situation. The RCEP agreement can make the goods trade between member countries exceed 90% of zero-tariff products, which is conducive to promoting trade. Second, after US President Trump took office, he believed in "making America great again". During his term of office, he adopted an aggressive trade policy, not only to impose tariffs on Chinese goods, It also imposes tariffs on steel, aluminum and other commodities in Canada, Mexico and the European Union, and even Japan and Australia. Forcing other countries to need more trading partners to counter the unilateral protectionism of the United States, Otherwise, Australia, as one of the Five-Eye Alliance, and Japan, a close ally of the United States in Asia, did not agree to sign the agreement without government subsidies. Biden, who announced that he won the US presidential election, can't wait to say that the United States must join hands with other democratic countries to unify its position in global trade policy and compete against China. It seems to have entered the Warring States Period, The United States is confronting China's economic Lian Heng with political integration. Will there be chaos in the seven countries? In short, the good play is coming. Yesterday, Moderna, an American drug, issued another statement, saying that the effectiveness of its COVID-19 vaccine reached 94.5%. It also shows once again that in the search for effective new tools that may help control the worsening epidemic situation, Accelerated efforts by scientists and pharmaceutical companies are paying off. Moderna said in a statement that it may seek regulatory approval in the coming weeks. Once again affected by the vaccine news, the global stock market was built well, and the Hang Seng Index rose by 0.9% a week; The major European stock markets responded best, and the German DAX index rose by 0.5%; French CAC Index and British FTSE 100 Index also rose by 1.7%. The new york stock market is led by traditional economic shares, and the Dow Jones index rose by about 1.6%; The Standard & Poor's 500 Index, which Tesla, the leader of the tram, will join as a constituent stock, rose by 1.2%; Nasdaq index also rose 0.8%. Affected by the vaccine news, the gold market had a false alarm yesterday. It plunged 30 dollars to 1,864 dollars per ounce in three minutes, but then gradually recovered the lost ground and finally closed at the highest loss of 1,888 dollars per ounce. Two dollars down. It is expected that the price of gold will only fluctuate between 1850 and 1900 before the official US president's name. On the other hand, Bitcoin has continuously risen above the 14,000, 15,000 and 16,000 mark in less than two weeks. Yesterday, the highest price was US$ 16,897 per piece, only 17,000 from the next pass, and it closed at US$ 16,725 per piece. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug WhatsApp Link： https://api.whatsapp.com/send? phone=85254454098 [http://WhatsApp Link：https://api.whatsapp.com/send?phone=85254454098]

2020-11-16

Novel coronavirus's fatigue continues to deteriorate, with nearly 1.3 million confirmed deaths worldwide and over 54,700 cumulative infections in novel coronavirus worldwide. In the United States, there were 188,000 cases of infection last week. There are more than 100,000 patients in 10 consecutive days. In Europe, Italy has also added millions of clubs, which is the fifth European country after France, Russia, Spain and Britain to record more than 1 million new crown cases. Last Monday, there was shocking news in the market. Pfizer Pharmaceuticals of the United States and German Biotechnology made good progress in the vaccine root against novel coronavirus. According to Pfizer's announcement, the preliminary data from the third stage showed that, The test results show that the vaccine is more than 90% effective. The representative of the company said that the present stage does not mean that the vaccine can be available in a short time, but the data will help to apply to the US Food and Drug Administration and use the vaccine in an emergency. Moderna, an American drug, and AstraZeneca, a British drug, are also trying to apply to the US Food and Drug Administration for emergency use permission before the end of the year. Moderna even said that its test results are strikingly the same as Pfizer's! Not to be outdone, Russia pointed out that the effectiveness of the self-developed COVID-19 vaccine "Satellite 5" reached 92%. Affected by the vaccine news, investors look forward to getting the economy back on track, adjust their risk bias, and the global stock market rebounded at a low level. Calculated from the low level on Monday, the Hang Seng Index rose by 0.6% a week; Major European stock markets responded best, The German DAX index rose by 2.9%; French CAC index rose 6.9%; The FTSE 100 Index also rose 3.5%. The new york stock market is led by traditional economic shares, and the Dow Jones index has risen by about 1%; The Standard & Poor's 500 Index rose 1.8%; Nasdaq index rose 3%. It has been almost two weeks since the US presidential election voted. Although Biden, the US Democratic Party, claimed to have won the election, the counting of votes has not yet been completed. Trump said on the social networking page that Biden won illegally. This is the first time he admitted that he lost the election, but he left a message again later. There is still a long way to go, and legal actions are still going on. It seems that he won't die until he dies! It is getting closer and closer to the day when the electoral votes are cast, and the atmosphere of political instability is getting stronger and stronger. It remains to be seen whether this time bomb will detonate the division of the United States. Affected by the vaccine news, the gold market plunged on Monday, with the highest loss of USD 108 per ounce. Although there was a rebound in the market outlook, it was still subject to the resistance of USD 1890 per ounce, and closed at USD 1890 per ounce, with a total drop of USD 81 per week, with a drop of 3%. However, the improved stock climate in Europe has made the euro and pound stronger, and the US dollar index lower or made the gold price better. However, it is expected that the gold price will only fluctuate between 1850 and 1900 before the official US president's name. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-13

It has been ten days since the US presidential election voted. Although Biden, the US Democratic Party, claimed to have won the election, the counting of votes has not yet been completed. In Georgia, which has 16 electoral votes, Trump, who lost only 14,000 votes in the initial counting, appealed for a recount, which was accepted by the local state government and announced to recount by hand. It is expected that the counting result will be completed on the 20th of this month. But even if Trump can regain 16 electoral votes in Georgia, he is still far from the threshold of returning to the White House, unless he can overturn the election results in Michigan or Pennsylvania. Otherwise, everyone can only lose a little better, and lose by a high vote. The day of voting by electoral votes is getting closer and closer, and the atmosphere of political instability is getting stronger and stronger. Yesterday, the Hong Kong Health Bureau announced that there were 23 cases of new pneumonia in Hong Kong, of which 6 were local infections, but the source was unknown, and warned that a fourth wave of outbreaks might occur. Exhaustion continues to deteriorate, There are nearly 1.3 million confirmed deaths worldwide, and the cumulative number of infected people in novel coronavirus is over 53 million. In the United States, there have been more than 100,000 patients for eight consecutive days. In Europe, Italy has also added millions of clubs. It is the fifth European country after France, Russia, Spain and Britain, which has recorded more than 1 million new crown cases. The news of COVID-19 vaccine from Pfizer Pharmaceuticals and German Biotechnology was offset by the worsening fatigue. Investors are worried that distant water can't save the near fire, and they are wary of the other market. In addition, European Central Bank President Lagarde made a discouraging statement. She said that although the vaccine news is encouraging, However, it still faces the cycle of accelerating the spread of viruses and tightening restrictions on social measures. The investment climate in the risk market has deteriorated, major European stock markets have fallen across the board, and the German DAX index has fallen by 1.2%; French CAC index fell 1.5%; The FTSE 100 Index also fell 0.7%. In addition to the impact of the epidemic on the US stock market, it is reported that the White House has withdrawn from the coordinating role of the new epidemic relief plan, leaving the bill to the Senate majority leader, namely McConnell of the Republican Party, and the Speaker of the US House of Representatives, namely Pelosi of the Democratic Party, to continue to discuss. To know that the difference between the two parties in the amount of aid is 1.9 trillion US dollars, investors speculate that the plan will not be launched this year, which will increase the risk aversion. Although the number of people claiming unemployment benefits for the first time in the United States last week announced yesterday was better than expected, However, it was unable to prevent the overall decline of the new york stock market, and the Dow Jones index fell by 1.1%; The Standard & Poor's 500 Index fell 1%; Nasdaq index rose and fell 0.7%. Risk aversion warmed up, and gold prices rose yesterday. The highest price of gold is $1,883 per ounce, the lowest price is $1,863 per ounce, and the final closing price is $1,877 per ounce, up by $12. It is expected that the price of gold will consolidate within this range before the US president announces his inauguration. Bitcoin rose above $16,000 per piece yesterday, rising 3%, making it another safe-haven option for investors. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-12

Yesterday, Alaska announced the election results. Trump won three candidates' votes in the state, but it was still far lower than his competitors' votes. Unless he can overturn the election results in Michigan or Pennsylvania, he will be weak. Biden, the Democratic Party of the United States, claimed to have won the election, and announced a transitional group of nearly 500 people. But up to now, the name of the new president has not been signed and confirmed by the General Services Administration of the United States, so Biden could not get about 10 million dollars of transitional funds. When Biden was asked by the media that the transfer of power was stagnant, he responded that funds were not a problem at this stage, and criticized the Trump administration's actions as embarrassing, but he believed that they would finally accept the choice of the American people, and his election team did not rule out the solution by law. It is getting closer and closer to the day when the electoral votes are cast. If the election results are still stuck on the 14th of May, it will trigger a century lawsuit and increase social unrest. The New Reserve Bank of New Zealand announced the interest rate decision yesterday, and the result remained unchanged at 0.25%, which was in line with market expectations. The central bank also announced that in order to increase liquidity, it will postpone the implementation of increasing the capital requirements of banks until July 1, 2021, but reiterated that it will provide further support if necessary, which may include turning to negative interest rates in 2021. However, it is necessary to pay attention to the local information issued by the New Zealand Central Bank, saying that in order to help the New Zealand economy recover from the recession caused by the coronavirus pandemic, banks should reduce financing costs and accept poor asset quality to support the bank credit situation. Kirsten, assistant governor of New Zealand's central bank, said that if banks don't like negative interest rates, they should implement as many low-interest loan programs as possible, which will make it necessary for the central bank to implement negative interest rates. Investors understand that the New Zealand dollar has a safety period and pursue non-U.S. currencies with guarantees in the past six months. The New Zealand dollar has soared against the U.S. dollar. The news that the new pneumonia vaccine may be available will continue to have a positive impact. In addition, European Central Bank President Lagarde said that when formulating a new economic stimulus plan in December, it will focus on expanding the scale of emergency bond purchases and will provide more to banks. Low-interest loans to help the euro zone economy hit by the epidemic, the speech made the investment atmosphere even hotter, the major European stock markets rose for three consecutive days, and the German DAX index rose by 0.4%; French CAC index rose by 0.5%; The FTSE 100 Index also rose 1.4%. The oil price rose for the third consecutive day, the news that new pneumonia vaccine R&D might be available continued to ferment, and investors looked forward to the increase of future energy demand in the market. new york oil futures once rose above the level of US$ 43 and closed at US$ 41.45, an increase of 0.2%. The new york stock market developed independently, and the Dow Jones index fell slightly by less than 0.1%; The Standard & Poor's 500 Index rose by 0.8%; Nasdaq index rose and fell 2%, ending two consecutive losses. Gold prices fell yesterday, with the highest price reaching $1,879 per ounce, the lowest price reaching $1,863 per ounce, and finally closing at $1,865 per ounce, down $12. It is expected that gold prices will be consolidated at the current price before the US President announces his inauguration. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug [https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug]  

2020-11-11

Biden, the Democratic Party of the United States, claimed to win the general election. Traditionally, the first task of the current presidential government before the formal transfer of power was to sign a document by the General Affairs Administration of the United States to recognize the new president-elect. But so far, The big internal manager appointed by Trump has been slow to act, which will make Biden's transition team unable to obtain about 10 million US dollars of transition funds, and also make the Biden team unable to use the government office Computers, etc., waste contact with federal officials, to carry out the preparatory work for the new government. It is Trump's refusal to admit defeat that makes it impossible for the new president to start the transition process. And tried to challenge the election results by law. On behalf of Trump's private lawyer, former new york Mayor Giuliani said that he would first enter Pennsylvania with 20 electoral votes. At the same time, The Secretary of State of Pennsylvania asked the federal judge to dismiss the lawsuit. The inauguration ceremony of the president will be held on January 20th next year. No matter which president is in charge, he is expected to face a torn political state. The news of breakthrough progress in Pfizer's vaccine in the United States continued to benefit the market. Major European stock markets rose, traditional economic sectors, including banks and energy stocks, were sought after, and the German DAX index rose by 0.55%; French CAC index rose by 1.6%; The FTSE 100 Index also rose 1.8%. The Brexit negotiations continue, and the differences still fail to reach consensus. The UK will review the internal market law in the House of Lords and try to eliminate some illegal chapters. Prepare for hard Brexit. Yesterday, the euro rose against the dollar, while the pound fell against the dollar. Oil prices have risen for two consecutive days. american petroleum institute announced that US crude oil inventories fell sharply by 5.1 million barrels last week. Far better than the expected decrease of 913,000 barrels in the market, plus the positive news of new pneumonia vaccine R&D, the market's negative sentiment of weak energy demand in the future was removed, and new york oil futures closed at 41.36 US dollars per barrel, up 2.7%. New york stock market developed independently, capital flowed to traditional enterprises, new economic shares were under pressure, and Dow Jones index performed best, up 0.9%; The Standard & Poor's 500 Index fell 0.14%; Nasdaq index fell 1.4%, falling for the second consecutive day. The gold price rebounded yesterday, and the market expects that the United States will launch new fiscal and monetary stimulus measures in December, which will bring support to the gold price after the sharp drop last day. The highest price of gold is 1890 US dollars per ounce, and the final closing price is 1877 US dollars per ounce. It is expected that the price of gold will be consolidated at the current price before the US president announces his inauguration. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-10

Biden, the Democratic Party of the United States, claimed to have won the election, but it was still not officially recognized. Trump, who failed to win re-election, still refused to admit defeat, and will start legal proceedings in several States to challenge the election results. Giuliani, a private lawyer representing Trump and former mayor of new york, said that he plans to file up to ten lawsuits in several States. He said that there is strong evidence that at least three to four States are suspected of election fraud. Giuliani said that he would first apply in Pennsylvania with 20 electoral votes, and claimed that there were more than 50 witnesses, and he was confident to reverse the election results. Although Trump intends to continue to challenge the election results by law, However, there is little chance of turning over. His party friend, George Bush, a veteran leader of the Republican Party, also publicly congratulated Biden on his election and said that the fair results of the election were clear and represented the overall intention of the Republican Party. It is only a matter of time before Biden gets the presidency. If the results of the US election are getting clearer, and an obstacle has been removed on the investment road, the more important news can be said to be the removal of the mountain blocking the road ahead! New pneumonia is raging in the United States, with more than 100,000 new infections every day. Exciting good news came from the market. Pfizer Pharmaceuticals of the United States and German Biotechnology made good progress in the vaccine root against novel coronavirus. According to Pfizer's announcement, the preliminary data from the third stage showed that, The test results show that the vaccine is more than 90% effective. The representative of the company said that the present stage does not mean that the vaccine can be available in a short time, but the data will help to apply to the US Food and Drug Administration and use the vaccine in an emergency. Affected by vaccine news, European and American stock markets and related pharmaceutical stocks rose sharply. Major European stock markets rose across the board, and the German DAX index rose by 5%; French CAC index rose by 7.6%; The FTSE 100 Index also rose 4.7%. New york stock market rose sharply at the beginning, In the latter stage, they developed independently. The Dow Jones index, which represents traditional enterprises, performed best. It once rose more than 5%, and finally fell slightly, rising 3% to close; The Standard & Poor's 500 Index rose 1.2%; The Nasdaq index rose above the historical high of 12,105 points, However, investors took profits and finally fell by 1.59%, ending the upward trend for five consecutive days. Yesterday, the price of gold plunged. Affected by the news of vaccine, it was caught off guard in Europe yesterday, dropping by 89 dollars. It closed at $1,862 per ounce, the biggest one-day drop in seven and a half years. In November 2016, when the US president changed, gold also suffered a lot of selling, and it fell by $120 per ounce in one month. According to yesterday's gold price, That is, $1963 and $1856 per ounce, the decline has reached $107, which shows that the situation was even more tragic yesterday! For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-09

According to statistics, more than 150 million voters have cast their votes. The media reported that Biden had won 290 electoral votes after winning two highly controversial Pennsylvania and Michigan. Far beyond the threshold of 270 votes to be elected president of the United States! At this stage, it has been settled who will become the new White House owner, but Trump has not conceded, and will start legal proceedings in several States to challenge the election results. On the other hand, leaders from many countries have called to congratulate Biden on his election as the 46th President of the United States, and George Bush, the veteran leader of the Republican Party and former president, also publicly congratulated Biden on his election, saying that the election was fair and the results were clear. He praised Trump, a party friend, for his achievements supported by more than 70 million voters, but added that Trump had the right to challenge the election results by law. George Bush's statement clearly set a new step for Trump, hoping that he would know the truth and leave the stadium beautifully. Once Biden officially becomes the new president of the United States, the first domestic task must be to prevent epidemic and continue to stimulate the domestic economy. To know the differences between Pelosi of the Democratic Party and the Trump administration, he delayed the plan with a $2.2 trillion relief plan. However, when times change, the Senate controlled by the Republican Party will play a supervisory role and pull Biden back. For foreign countries, he will always deal with international disputes and return to multilateralism by smooth means, and then the political situation is expected to become more stable, which is beneficial to the world economy. Last week, the Reserve Bank of Australia announced its interest rate decision and lowered the discount rate to 0.1%, a record low. The Reserve Bank of Australia also announced its A $100 billion quantitative easing plan, while the Bank of England announced its interest rate decision and kept the discount rate unchanged at 0.1%. But it will increase the amount of debt purchased by about $195 billion. Britain is the first country to announce a large amount of substitution easing after Australia's central bank joined the Bank of Australia. Investors expect central banks of various countries to continue printing money to save the economy, and the Brexit negotiations are progressing satisfactorily. The US dollar is soft, but last week, the Federal Reserve announced the results of the interest rate decision. Fed members agreed to keep the interest rate between 0 and 0.25%, which is in line with market expectations. However, the speech of Federal Reserve Chairman Powell is the key point. Noting that the economy has not returned to the level before the outbreak in February, and the recent economic momentum has weakened, he reiterated that he will not reduce the scale of debt purchase and expects the inflation rate in the United States to maintain or even slightly exceed 2%. He said that the Fed's bullets are still not used up. The Fed will adjust its tools next month, after the name of the new president is announced. Powell's remarks made people think, and the dollar broke a three-week low. After the central banks issued a large number of banknotes, they immediately depreciated. In addition, under the low interest rate policy, the real interest rate was worse, and the negative interest rate had a chance to exist for a while. When investors generally pursued higher risks, the US dollar was low and gold performed well. Last week, the highest level was $1960 per ounce, and it closed at $1951 per ounce, rising by $73. It is expected that the epidemic stimulus plan will be approved before the new US President Biden officially takes office. After that, the Federal Reserve will increase the price and cut interest rates, and gold will be by going up one flight of stairs. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-06

The voting procedure of the US presidential election was completed yesterday. According to statistics, more than 140 million voters have cast their votes, and the counting of votes is still going on. At this stage, there are still variables about who can become the new White House owner. However, Biden had a slight advantage, and only seven electoral votes were needed to get enough 270 votes to be elected as the new president of the United States. Although Trump has little chance of turning over, he said that some people cheated in the election. If he counted the legal votes, he had won the election, but someone stole his presidential election results with illegal votes, and he would litigate in several leading Biden States, seeking legal solutions. The most concerned election in the world has degenerated into a mud wrestling, and even became an international joke. Is there really a player behind the scenes who is manipulating it? Or is it just someone who can't afford to lose? Not easy to know! But at least American nationals can experience the spirit of democracy and give participants the opportunity to participate in the original system. Some experts pointed out that Biden won in the end, and still worried that the new president would not be handed over smoothly, while the US Senate estimated that it would continue to be controlled by the Republican Party, which might stifle administration, cause internal friction and drag down the US economy. Yesterday, the Bank of England announced the interest rate decision, keeping the discount rate unchanged at 0.1%, but increasing the amount of debt purchased by about 195 billion US dollars. Britain is the first country to announce an increase in substitution easing after Australia's central bank joined the Bank of Australia. Investors expect central banks to continue printing money to save the economy, and the national stock market will benefit first. The major stock markets in Asia will generally rise, and Hong Kong Hang Seng Index will outperform the region by 3.3%. Major European stock markets rose across the board, The German DAX index rose by 2%; French CAC index rose by 1.2%; The FTSE 100 Index also rose 0.4%. The new york stock market also continued to rise, with the Dow Jones index and the Standard & Poor's 500 Index both rising 1.9%; Nasdaq index performed better, Up 3.9%. Yesterday, the U.S. Federal Reserve also announced the results of interest rate decision, and members of the Federal Reserve unanimously agreed to keep the interest rate between 0 and 0.25%, which was in line with market expectations, but what was even more striking was the speech made by Powell, chairman of the U.S. Federal Reserve. He said that he noticed that the economy has not returned to the level before the outbreak in February, and the economic momentum has weakened recently. He reiterated that he will not reduce the scale of debt purchase and expects the inflation rate in the United States to maintain or even slightly exceed 2%. He said that the Fed's bullets are still not used up, and the Fed will adjust its tools in the interest rate decision next month. Powell's remarks arouse people's imagination, and the dollar immediately went down. Cash is no longer the emperor, After the central banks issued a large number of banknotes, they immediately depreciated. In addition, under the low interest rate policy, the real interest rate is worse, the negative interest rate has the opportunity to exist for a while, and investors generally pursue higher risks. Gold performed well yesterday, rising 47 dollars and closing at the highest level of 1950 dollars per ounce yesterday. It is expected that there will still be a big market situation before the results of the US presidential election. Another noticeable investment tool is Bitcoin, which broke $13,000 each two weeks earlier, and approached $15,770 each yesterday, showing a sharp trend. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-11-05

The voting procedure of the US presidential election was completed yesterday. According to statistics, more than 140 million voters have cast their votes, and the counting of votes is still going on. At this stage, there are still variables about who can become the new White House owner. However, Biden has a slight advantage, as long as he can regain the key swing state-Michigan, which is also the area where Sheila suffered Waterloo in the last session. The current situation is that 50.3% of the votes counted are for Biden. And winning in Nevada, the traditional camp that has not finished counting votes, Biden will get enough 270 votes to be elected as the new president of the United States. Although Trump has little chance of turning over, he will not stop there. His electoral college has asked for a recount in Wisconsin, where less than 1% of the votes were lost. Trump has also made it clear that someone cheated in the election and stole his presidential election results, which may lead to legal recourse. This is just like what experts are worried about. With such close votes, it will take more time to resolve disputes, and the two presidents will not be handed over smoothly, just like George W. Bush's battle against Gore in 2000. In the end, it will take more than a month for the Supreme Court to make a judgment, but this time the situation is more complicated, or other problems may arise, such as social unrest caused by voters' dissatisfaction, and even more serious, people will be divided by politics. Eventually, it caused internal friction and dragged down the American economy. During the U.S. presidential election, the number of COVID-19 cases in the world also soared, but this did not stifle the orientation of venture capitalists. After Australia cut interest rates and announced the implementation of the A $100 billion quantitative easing plan, Global stock markets rose, and the rise of European and American stock markets continued yesterday, because the market spread that the Bank of England would also increase a lot of money to offset the economic losses caused by the epidemic, and even spread negative interest rates to stimulate inflation, and major European stock markets rose across the board. The German DAX index rose by 2%; French CAC index rose by 2.4%; The FTSE 100 Index also rose 1.7%. The new york stock market also continued to rise, and the Dow Jones index rose by 1.8%; The Standard & Poor's 500 Index rose 2.3%; The Nasdaq index rose by 3.4%. Under the circumstance that the general investment climate is biased towards higher risks, the US dollar has become the target for sale. However, the uncertainty of the US presidential election results has caused the US dollar index to fluctuate greatly, reaching a maximum of 94.3 points and finally closing at 93.41, down 0.01 points from the previous closing. Yesterday, the performance of gold was similar to that of the US dollar. It closed at US$ 1,903 per ounce, down US$ 7. The highest price rose to US$ 1,916 per ounce, and the lowest price traded at US$ 1,882 per ounce, which was the biggest volatility day since August 19. The volatility has expanded to US$ 34, and it is expected that there will still be big and big market conditions before the results of the US presidential election. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug