Gold market analysis

2020-12-14

Today's volatility range: The second round of relief measures for the epidemic in the United States has been blocked, and the optimistic atmosphere of the market is expected to deteriorate. The gold price failed to reach the key level of $1,850 twice last week, and both triggered a technical downward adjustment of about $10. It is expected that the price of gold will still fluctuate today, and the main volatility will still keep the suggestion last Friday, that is, $1,827 to $1,845. The novel coronavirus epidemic continues to deteriorate, with more than 72,600 infected people and nearly 1.62 million confirmed deaths in novel coronavirus. The epidemic has been widely reported for nearly a year now, In addition to the above-mentioned people's lives and health, the virus has become widespread all over the world because of its strong spreading power, which indirectly causes the global economy to lose hundreds of millions of dollars! Fortunately, the vaccine finally came out. Last Tuesday, The United Kingdom began to use the COVID-19 vaccine developed by Pfizer of the United States in cooperation with German biotechnology, and first vaccinated a 90-year-old woman, which set a milestone for the worldwide anti-epidemic action. At the same time, more countries have announced the approval of the right to use the vaccine, including Canada and the United States, and the vaccine will be delivered to both countries today. Interestingly, the Hong Kong government originally intended to purchase Pfizer vaccine, but somehow, It was removed from the official website at night, and now there are only two brands, Kexing Bio and Fosun Pharma. Sure enough, political correctness is still the way to be an official now, and patriots certainly use domestic products! People all hope that senior officials from the Chief Executive can take the lead in vaccinating those who have purchased in advance. However, the Kexing vaccine, which has not passed the third phase of clinical test, can boost the confidence of the general public. The world is betting on vaccines to change the economy that has almost stopped. If a country can vaccinate most people first, then that country can restore productivity first and seize market opportunities. A vaccine battle is happening quietly. However, the investment market has digested the relevant news for a long time, and the news may not provide much power to the asset market. British Prime Minister Johnson met with European Commission President Ursula von der Leyen in Brussels last week. After the meeting, he said that the differences between the two sides are still big. I am not optimistic about the orderly Brexit. If the situation really happens, Britain will leave the EU in the "Australian model" in January next year, but he reiterated that Britain can maintain prosperity under the disorderly Brexit. Johnson has pointed out that this Sunday has been designated as the dead line of Brexit negotiations. However, since the two sides still failed to reach an agreement, British Prime Minister Johnson and European Commission President Ursula von der Leyen agreed to extend the negotiations after calling on Sunday. The market is not optimistic about the results, but at least prolonging the negotiations can save a glimmer of hope. European Central Bank President Lagarde said in her speech last week that she noticed that the recent appreciation of the euro caused downward pressure on inflation. The situation is worrying, but she added that the central bank will pay close attention to the euro exchange rate, but will not interfere for the time being. With the news of Brexit this morning, the euro fell significantly against the pound this morning. The employment data in the United States is weak. Following the decrease in the number of non-agricultural employment in the United States announced on the 125 th, the number of people applying for unemployment benefits for the first time surged to 853,000 last Friday, far exceeding market expectations and reaching 230,000 a week earlier. Breaking the highest level since September, the data shows that the government's measures to stop the work of enterprises on a larger scale in order to curb the epidemic are re-inducing the wave of unemployment and damaging the American economy. However, the US$ 900 billion second-round epidemic relief measures were not approved by the two major political parties in the United States, and the US dollar index continued to weaken, falling 91 points to 90.96 again on Friday. The price of gold fluctuated last week, falling to $1822 per ounce. The highest value was $1,875 per ounce. After adjustment, it entered consolidation, and finally closed at $1,839 per ounce, a slight increase of $1 from last week. This week is the Super Interest Rate Week. Many central banks, including Britain, the United States, Switzerland and Japan, will hold their last interest rate meeting this year. As interest rates of central banks have been at historically low levels, it is expected that interest rates will not change. However, the press conference after the meeting may indicate that it will accept the low interest rate environment for a long time and disclose whether to increase the interest rate. 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

2020-12-11

Today's volatility range: The second round of relief measures for the epidemic in the United States was blocked, and the optimism of the market was expected to deteriorate. The price of gold rose yesterday through the weak employment data in the United States, but it failed to break through the key level of US$ 1,850, which triggered a technical downward adjustment. It is expected that the price of gold will still fluctuate today, with the main volatility retaining yesterday's proposal, namely $1,827 to $1,845. British Prime Minister Johnson was interviewed by the media yesterday. He responded to the meeting with European Commission President Ursula von der Leyen in Brussels, saying that both sides have understood each other's positions and designated this Sunday as the dead line of Brexit negotiations. They each ordered the negotiators of both sides to try to reach an agreement, but he added that the differences between the two sides are still big and they are not optimistic about the orderly European talks. If the situation really happens, Britain will leave the EU in January next year in the "Australian mode". That is to say, all trade activities will be carried out in accordance with the practice of the World Trade Organization, except for a small number of goods that can be freely cleared. Johnson previously reiterated that Britain can maintain prosperity under disorderly Brexit. The British stock market rose for eight days in a row. The Bank of England announced yesterday that the bank could resume the dividend policy, which stimulated the British stock market to rise in the eighth trading day. It rose 0.54% again yesterday, while the British pound fell against the US dollar. The European Central Bank announced yesterday that it will maintain the main refinancing rate at 0, the deposit convenience rate at -0.5%, and the marginal lending rate of the central bank at 0.25%, but the central bank will expand the scale of anti-epidemic emergency debt purchase to 1.85 trillion euros, an increase of 500 billion euros. And the bond purchase plan will be extended to March 2022. At the end of the European Central Bank President Lagarde said in his speech that he noticed the progress in vaccine development, but with the rebound of the epidemic, the short-term economy in Europe still faces challenges. We have to use the monetary policy of increasing quantitative easing to stimulate the euro zone economy. However, she pointed out that the recent appreciation of the euro has caused downward pressure on inflation, which is worrying. However, she added that the central bank will pay close attention to the euro exchange rate, but will not interfere for the time being. The euro rose again against the US dollar yesterday, and the two major stock markets in the euro zone developed individually. The German DAX index fell by 0.33%; French CAC index got rid of the daily decline and rose by 0.05%. The novel coronavirus epidemic in the United States continued to deteriorate, with more than 220,000 cases of infection appearing yesterday, and more than 3,000 patients died in a single day for the first time. In terms of data, the number of initial jobless claims in the United States surged to 853,000 last week. Far exceeding the market expectation, and as many as 230,000 people compared with last week, breaking the highest level since September. Data show that the larger enterprise shutdown measures implemented by the government in order to curb the epidemic are re-causing the unemployment wave and damaging the American economy. However, the second round of relief measures for the epidemic in the United States was blocked, and the Democratic Party and the Republican Party of the United States dragged on and blamed each other, which made the rescue plan worth 900 billion dollars unable to be approved for a long time. However, the optimism expected by the market this year has deteriorated. The new york stock market also developed individually, which was affected by employment data, causing negative market reaction, and the Dow Jones index fell 0.23%; The Standard & Poor's 500 Index fell 0.13%; The Nasdaq index rose 0.5%. The second round of relief measures for the epidemic in the United States has been blocked. The market expects the optimism to deteriorate, and the US dollar index once again falls below 91 points to close at 90.78 points. The gold price once rose to the key level of 1850 US dollars per ounce through weak employment data, but it could not break through, and then it turned down, closing at 1836 US dollars per ounce and then falling by 4 US dollars. 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

2020-12-10

Today's volatility range: The second round of relief measures for the epidemic in the United States was blocked, and the optimism of the market deteriorated. In addition, the decline in US stocks caused funds to flow to the US dollar to avoid risks, and the US dollar index strengthened, and the gold price sharply adjusted back yesterday. Gold price is expected to seek a new direction today. It is expected to fluctuate within a narrow range, with the main volatility ranging from USD 1827 to USD 1845. The Brexit negotiators from Britain and the European Union turned to a higher level to seek a breakthrough in the political dilemma. British Prime Minister Johnson went to Brussels yesterday to hold direct talks with European Commission President Ursula von der Leyen to discuss the agreement on trade arrangements between Britain and Europe after Brexit. Earlier, Banier, the chief negotiator of the European Union, reported the progress of the negotiations to the EU member States. The trade negotiations between Britain and Europe were stagnant, and there were three major differences, namely, fisheries, fair competition clauses and the mechanism for handling contracts and complaints. The two sides should reach an agreement before the 31st of this month, otherwise all trade activities will be carried out in accordance with the convention of the World Trade Organization. However, after the meeting between the two sides, Johnson told the media that a good agreement would be completed, and that the EU seemed to be unable to accept that Britain, Britain has the sovereignty of its own fishing waters, but this is a matter of British sovereignty and security. No British Prime Minister can accept the terms of the agreement that the EU wants to join, saying that Britain can maintain prosperity under disorderly Brexit. It seems that there are still many variables in the Brexit negotiations, but Britain has the upper hand. The British stock market rose for seven days in a row and rose 0.08% again yesterday. On the other hand, the EU "Recovery Fund" is expected to be approved, because Hungary and Poland opposed the inclusion of human rights and other clauses in the appropriation bill earlier, which made it impossible to approve the fund On Monday, the European Union said that it might bypass Hungary and Poland to help the remaining 25 EU member States through a "recovery fund" of 750 billion euros. However, with the epidemic rampant and severely hitting the economy, the two opposing countries face the reality. Hungary said at an early date that it would support funding, while Poland responded that it would consider it, but yesterday Polish President Dutt also took the lead. On the other hand, the second round of relief measures in the United States has been blocked. According to the news, nearly 90% of the 900 billion U.S. dollars in the second round of funding received cross-party support. McConnell, the Republican Senate Majority Leader, said that he could put aside the differences between the two parties and approve the funding first. And hope to finish it before Christmas holiday, but House Speaker Pelosi said that the Republican Party created obstacles for the agreement, and the truth is intriguing. However, the market expects the optimism to deteriorate. In terms of data, the United States announced that 6.65 million new jobs were expected to be created in the country last month, but the number of employees was less than expected, which shows that the epidemic still plagued the labor market. Last week, US crude oil inventories unexpectedly increased and decreased by 15.2 million barrels, which was 1.4 million barrels lower than the market expectation. The three major indexes of the new york stock market all reached new highs during yesterday's trading hours and then closed down. The Dow Jones index fell 0.35%; The Standard & Poor's 500 Index fell 0.79%; Nasdaq index fell 1.9%. Funds flowed to the US dollar to avoid risks, and the US dollar index rebounded to 91 points. The price of gold has been weak for many days, and the second round of relief measures for the epidemic in the United States has been blocked. The optimistic atmosphere of the market is expected to deteriorate. In addition, the decline in US stocks caused funds to flow to the US dollar to avoid risks, and the US dollar index strengthened. Yesterday, the gold price sharply adjusted back. Yesterday, the gold price reached a minimum of 1825 US dollars per ounce, closing at 1840 US dollars per ounce, down 30 US dollars. 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

2020-12-09

Today's volatility range: The large-scale post-epidemic economic stimulus plan in the United States is expected to be launched, and the gold price will play its anti-inflation and anti-currency depreciation characteristics. Today, the price of gold may oscillate, with the main volatility of 1856-1878 dollars. Since the outbreak of the fourth wave of epidemic in Hong Kong, the government has once again tightened social measures and prepared to legislate for the ban. However, some medical experts criticized the Hong Kong government for its slow response, which often caused headaches and pains, and missed opportunities many times; From the bureaucratic idea that the Chief Executive refused to ask for customs clearance at the beginning of the epidemic, Hong Kong became a springboard to escape, and those who bid for masks with the lowest price won, resulting in the shortage of masks in Hong Kong, the whole people were forced to snap up at high prices, and now vaccines have been launched in the market. It is certain that on the procurement issue, the responsible officials may not start or stick to the details of the situation, and learn from Lin Zhengyue's so-called "Special Administrative Region handles affairs with rules and regulations"! This inflexible, pedantic and ignorant culture is terrible enough. The most terrible thing is not to accept criticism, but to be complacent everywhere! Novel coronavirus's fatigue continued to deteriorate. Yesterday, Britain vaccinated high-risk people in the country with Pfizer's COVID-19 vaccine. While Pfizer applied to the United States for emergency use of COVID-19 vaccine, It has also been confirmed to be safe and effective by the US Food and Drug Administration. The world is betting on vaccines to change the economy that has almost stopped. Which country can vaccinate most people first, then that country can restore productivity first. Seize the market opportunity, it seems that a battle for vaccines is happening silently. Pfizer has indicated that the supply will not meet the demand of the United States by June next year, except that the output mentioned earlier is blocked due to the supply of raw materials. While the number of branches needed to be reduced to 50 million, it is estimated that the quota needs to be reserved for other countries due to an agreement. Fortunately, Johnson & Johnson, another major American company, announced that the research and development of COVID-19 vaccine was completed ahead of schedule. According to the third phase clinical data, its effective rate is 97%, which is expected to further relieve the global tight demand. The Brexit negotiations between Britain and the EU have been blocked again. Johnson, the British leader, told the media that it is not optimistic to reach a consensus with EU representatives within a few days, but some EU members expressed that, Their chief negotiator, Banier, reported the progress of the negotiations to the EU member States and reached the same conclusion. Britain has once again sought legislation for the "internal market law" that violates the EU agreement. Once the Brexit negotiations break down, Britain will be able to continue to trade with EU countries in January next year in the way of "Australia mode" leaving the EU. Negative news affected the slight decline of British pound against US dollar. On the other hand, there is good news in the second round of relief measures for the epidemic in the United States. Republican Senate Majority Leader McConnell said that he could put aside the differences between the two parties and approve the funding first, hoping to finish it before Christmas holiday. President Trump hopes to distribute another $1.2 thousand to the people. However, because the amount involved is not included in the $900 billion bailout plan, it is unlikely to be completed this year. However, Speaker of the House of Representatives Pelosi said that after his party friend Biden took office, he would approve a larger revitalization plan. Gold price continued to rise yesterday, and a larger post-epidemic economic stimulus plan was launched. By then, gold price will play its anti-inflation and anti-currency depreciation characteristics. Gold price peaked at $1,875 per ounce yesterday and closed at $1,870 per ounce, up $8. 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

2020-12-08

Today's volatility range: The news that the US$ 900 billion second round of epidemic relief measures will be passed by both parties is beneficial to the gold market, but gold has been rising for many days or is now exhausted. Today's major volatility is $1850 to $1874. There are only two days left in the meeting agreed by the two sides, and the Brexit negotiations between Britain and the EU are facing a breakdown. Yesterday, EU officials who attended the report said that Banier, the chief negotiator of the EU, reported the progress of the negotiations to the representatives of EU member States earlier. The result is frustrating, which indicates that there are still major differences between the two sides on the three major issues of fisheries, fair competition and complaint handling mechanism. It also indicates that the British side has not budged on the issue of waters, because British Foreign Secretary Rab has raised the operation of fisheries to the issue of British sovereignty and security. The pound fell sharply by 1.6% against the US dollar yesterday when it was reported that the Brexit negotiations were facing a breakdown. What's even worse is that the House of Commons of the United Kingdom revisited a number of motions in the Internal Market Law that violated EU laws, which were rejected by the House of Lords earlier. Re-debating the motion in the House of Lords may mean that once the Brexit negotiations break down, Britain will leave the EU in the "Australian mode" in January next year, that is, except for a small number of goods that can be freely cleared, the rest will follow the practice of the World Trade Organization. That is, the import and export of goods need to be checked and paid taxes, and passengers need to pick up while going in and out. This will undoubtedly increase the trade costs of each other, but for Britain, it may also be the only solution to disorderly Brexit, not a single threat. Fortunately, some media reported that British Prime Minister Johnson called European Union Prime Minister Ursula von der Leyen again, and after the call, the two men issued a joint statement, asking each other's negotiators to prepare an overview of their differences, so that they could discuss them face-to-face in Brussels in the next few days. Some political scholars said that when representatives at a higher level attend the negotiation meeting, there is a great chance that the negotiations will eventually reach an agreement and sign it immediately. Novel coronavirus's fatigue continues to deteriorate, and Pfizer's vaccine officially began to vaccinate high-risk people in Britain today. Yesterday, Pfizer applied to India, the second most infected country in the world, for emergency use of COVID-19 vaccine. However, Pfizer has indicated that the supply will not meet the demand of the United States, except that the output mentioned earlier needs to be reduced to 50 million branches due to the blockage of raw material supply. It is estimated that the quota needs to be reserved for other countries because of an agreement. There were still as many as 180,000 new infections in the United States yesterday. Federal Reserve Chairman Powell urged Congress to pass the second round of epidemic relief measures as soon as possible. Some economists said that if the government could not provide economic relief in the short term, the US economy would go backwards. However, the Democratic Party and the Republican Party still have not passed the $900 billion bailout plan. However, this hurdle is not about the scale of funding, but about the details of assistance to state and local governments and corporate exemption protection. The two sides are deadlocked. However, since the bill on financing the operation of the government will expire on December 11th, the House of Representatives plans to vote for a week-long resolution on Wednesday to prevent the government from stopping. The market expects that the new bail-out plan will finally pass. Yesterday, when the price of gold was riding a roller coaster, the news of the break of Brexit caused the US dollar to rise sharply, and then it was reported that some large companies reduced their positions, which dragged down the performance of gold price. It once fell to US$ 1,822 per ounce, but it was later passed that Johnson talked with Ursula von der Leyen and the US dollar was lowered again. Gold prices rebounded sharply, reaching a peak of $18682 per ounce, closing at $1862 per ounce, up $24. 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

2020-12-07

Today's volatility range: Last week, the United States announced that the decrease in non-agricultural employment in the United States was beneficial to the gold market. In addition, the news that the second round of US$ 900 billion epidemic relief measures would be passed by both parties showed that the US dollar index continued to weaken, which was beneficial to the market outlook. Today's major volatility is 1830-1848 dollars. Novel coronavirus's fatigue continues to deteriorate, with nearly 1.54 million confirmed deaths worldwide and over 67,400 cumulative infections in novel coronavirus worldwide. In the United States, more than 230,000 new infections occurred last Friday. In Europe, Russia, France, Italy, France, Russia, Britain and Spain have recorded more than 1 million new crown diseases, but the daily new infections still cannot be contained below 10,000 digits. Many European countries have to extend social restrictions. Westerners may have a lonely Christmas, which will hit the traditional retail season. Last Wednesday, there was news in the market. The British Drug and Health Products Supervision Bureau said that the COVID-19 vaccine jointly developed by Pfizer Pharmaceuticals of the United States and German Biotechnology "met its strict safety, quality and effectiveness standards". With the approval of Pfizer's application for emergency empowerment, Britain became the first western country to approve the COVID-19 vaccine, and can arrange vaccination from Tuesday. But Fauci, director of the CDC, said that the British approval was too hasty. The United States needs more time to study the data and confirm the safety before granting emergency use rights. Although Fauci's remarks somewhat disappointed the market, experts estimated that there should be good news in the middle of the month. Last Saturday, it was said that Russia had begun to vaccinate its citizens with the "Satellite 5" COVID-19 vaccine developed by Russia. The world is looking forward to vaccines to save the economy. The Brexit issue is still deadlocked. Frost, the Brexit negotiator, said that there were only days left in the negotiations, and the situation was not optimistic. It has been reported that the main obstacle is still the fishing industry. Some EU representatives have proposed that European fishermen can fish in British waters. For ten years, Britain strongly opposed it, and it was ready for disorderly Brexit. Federal Reserve Chairman Powell urged Congress to pass the second round of epidemic relief measures as soon as possible. House Speaker Pelosi made concessions for the first time, It is reported that she and Senate Democratic leader Schumer supported the $908 billion bipartisan plan as the basis for a new round of negotiations with congressional Republicans and the White House on Wednesday. The market expects that the plan will be passed soon. The employment data released by the United States last week went weak, with only 245,000 new jobs in non-agricultural employment in the United States, which was worse than the expected 469,000. Last week, the United States announced that the reduction of non-agricultural employment in the United States was beneficial to the gold market. In addition, the news that the second round of US$ 900 billion epidemic relief measures will be passed by the two parties, the US dollar index continued to weaken, falling to a low of 9.5% in two and a half years. Gold rebounded sharply last week, closing at $1,838 per ounce, and rose by $51 a week. Bitcoin fell to about $18,800 per piece yesterday, and once again approached $20,000 per piece, but unfortunately it failed. I believe we are still waiting for an opportunity to create a record high of $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

2020-12-04

Today's volatility range: The news that the US$ 900 billion in the second round of epidemic relief measures will be passed by both parties is widely sung. The US dollar continues to weaken, and the price of gold has rebounded for three consecutive days. We should pay close attention to the number of non-agricultural employment tonight. Today's major volatility is 1824 to 1848 dollars. After Caixin China's manufacturing purchasing managers' index released on Monday hit a new high in 10 years, the Caixin service purchasing managers' index released yesterday also hit the second highest level of 57.8 points in recent 10 years. Data show that China's economic activities have completely emerged from the haze of COVID-19, and it is expected that China's economy will continue to expand. However, China's economic development is still fraught with obstacles. The US House of Representatives unanimously passed the Foreign Corporate Accountability Act on Wednesday It makes it more difficult or costly for Chinese enterprises to raise funds. The bill targets Chinese enterprises listed in the United States. If they do not comply with American auditing standards, they will face the threat of being delisted. Earlier, giant companies such as Alibaba and JD.COM have successfully listed in Hong Kong for the second time, which is the second-hand preparation once they avoid being delisted in the United States. There is a voice in China that the United States unreasonably suppresses Chinese enterprises because it is afraid of China's rise! However, it is an indisputable fact that there is still much room for the quality of Chinese enterprises and the ability of regulatory agencies. The false transactions on Ruixing Coffee amounted to RMB 2.2 billion. The exaggeration of making numbers is an example. Perhaps this external force can improve the governance level of Chinese enterprises and better protect market investors, when the flowers are fragrant, other countries will definitely welcome Chinese enterprises to list on their exchanges. This is a good thing. The Brexit issue is still deadlocked, and the message is even more confusing before approaching the dead line of negotiations. Some representatives of member States pointed out that the negotiations are optimistic, but there are also indications that the two sides are tough and the agreement is not easy to reach. There may be disorderly Brexit. However, depending on the behavior of Banier, the chief negotiator of the European Union, the progress should favor the latter. When Banier was asked by reporters, he turned a deaf ear and hurried by, which somewhat reflected the tense meeting. Some media reported that the atmosphere of the meeting was good in the morning, but in the afternoon, the atmosphere of the meeting deteriorated because France proposed to join the new negotiation conditions. Yesterday, Britain also revisited the feasibility of the "internal market law", which worsened the optimism of orderly Brexit. With the Brexit issue, major European stock markets developed individually yesterday, and Britain, which is well versed in politics, became the winner yesterday. The FTSE 100 index of the UK rose by 0.42%, breaking the high level in half a year; The German DAX index fell by 0.45%; French CAC index fell 1.6%. New york's stock market has developed repeatedly and individually. The new pneumonia vaccine will be officially put into the market, and the number of people applying for unemployment benefits for the first time in the United States last week has dropped back to 712,000 again after increasing for two consecutive weeks, which is better than expected. Driven by the optimistic atmosphere of the market, The three major indexes all went up in the early stage, but Pfizer had supply problems in the end market. Due to the blockage of raw material supply, the plan to provide 100 million vaccines was halved to 50 million, which triggered a negative market reaction. Finally, the Standard & Poor's 500 Index fell by 0.06%; Dow Jones index rose 0.29%; Nasdaq index rose 0.2%. The number of people claiming unemployment benefits for the first time announced by the United States yesterday has dropped again since it increased for two consecutive weeks, which was unfavorable to the gold market. However, it is rumored that there are statistical errors, which may be worse than the reality. The number of non-agricultural employment in the United States last month, as announced today, has changed even more, so we should pay close attention to it. The news that the US$ 900 billion in the second round of epidemic relief measures will be passed by both parties is widely sung, and the US dollar index has fallen to a low level in two and a half years. At 90.69, the price of gold continued to rebound yesterday, reaching a peak of $1,844 per ounce and closing at $1,841 per ounce, up $10. Bitcoin fell to about $18,800 at worst yesterday, but mainly fluctuated between $19,200 and $19,300, closing at about $19,460 per bitcoin. I believe we are still waiting for an opportunity to create a record high of $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

2020-12-03

Today's volatility range: The US dollar continued to weaken, and the gold market did not fear the news that the vaccine was officially launched in the UK. The gold price continued to rebound yesterday. After Yellen took office, a larger post-epidemic economic stimulus plan may be launched. By then, the gold price will have a better understanding of resisting inflation and currency depreciation. Today's major volatility is 1811 to 1840 dollars. Australia announced the third quarter GDP yesterday, which rebounded by 3.3% quarter by quarter, which was better than the expected 2.5% increase and exceeded the upper limit of 2% to 3% set by the Federal Reserve Bank of Australia last month. This quarterly report is the strongest increase since statistics were made in 1976. The main reason is that the Australian government has properly controlled the epidemic and the authorities relaxed social distance restrictions, which caused a sharp increase in consumer spending; It also depends on the Australian Federal Reserve's decisive decision to implement monetary and fiscal policies. In addition to drastically reducing the central bank's interest rate to 0.1%, it also participated in the quantitative easing policy of up to 260 billion US dollars for the first time. And provided commercial banks with a credit line of up to 200 billion U.S. dollars to increase currency liquidity to ease the repayment pressure of small and medium-sized enterprises. However, the report also pointed out that net exports fell in the third quarter, This is mainly due to the decline in the demand for tourism and education services caused by customs closure, the deterioration of Sino-Australian trade relations, and the decrease in exports of minerals and agricultural products, which pose obstacles to Australia's recovery. In Europe, the Brexit issue is still deadlocked, and there are barriers in three major issues: fisheries, fair competition and complaint handling mechanism. Some representatives of EU member States have indicated that they will not reach an agreement at any cost. Banier, the chief negotiator of the European Union, called on both sides to calm down, and remained optimistic but expert in the negotiations. On the other hand, the EU "Recovery Fund" is expected to be approved. Previously, Hungary and Poland forced the political topic of human rights expression into the examination and approval conditions, but yesterday, someone close to the European Central Bank President Lagarde said, The EU may bypass Hungary and Poland to help the remaining 25 EU member States through a "recovery fund" of 750 billion euros. Another heavy news yesterday was about the COVID-19 vaccine. The British Drug and Health Products Supervision Bureau said that the COVID-19 vaccine jointly developed by Pfizer Pharmaceuticals and German Biotechnology "satisfied its strict safety, Quality and effectiveness standards ",approved Pfizer's application for emergency empowerment, and Britain became the first western country to approve COVID-19 vaccine, and can start to arrange vaccination next week. The market expects more capital inflow, Coupled with the optimism of the official use of vaccines in the UK, the UK FTSE 100 index rose by 1.23%, and the other major European stock markets developed individually, and the German DAX index fell by 0.52%; The French CAC index rose by 0.02%. According to the Beige Book published by the Federal Reserve Board of America, due to the sharp rise of new pneumonia cases, schools are closed again, which affects the ability of citizens to go out to work. The report points out that among the 12 Fed areas, 4 areas have hardly increased in recent weeks. In other regions, there was only a slight increase, and the rapid spread of the epidemic and the economic recession dragged down some enterprises and families. Federal Reserve Chairman Powell urged Congress to pass the second round of epidemic relief measures as soon as possible. House Speaker Pelosi made concessions for the first time. It was reported that she and Senate Democratic leader Schumer supported the $908 billion bipartisan plan as the basis for a new round of negotiations with congressional Republicans and the White House on Wednesday. The introduction of epidemic relief measures is expected to benefit risky assets, and the Standard & Poor's 500 Index broke the market high for two consecutive days, up 0.18%; The Dow Jones index fell first and then rose, eventually rising 0.2%; The Nasdaq index failed to rise for five consecutive years and fell by less than 0.05%. The gold market is not afraid of the news that the vaccine was officially launched in the UK. The data released by the United States yesterday was worse than expected. The number of non-agricultural employment in the United States increased by 307,000 last month, and the market expected 410,000; Last week, US crude oil inventories decreased by 0.68 million barrels, while the market expected to decrease by 2.4 million barrels. The data made the US dollar even weaker, and the US dollar index hit a new low in three weeks, approaching 91 points and closing at 91.11 points. Gold continued to rebound yesterday, closing close to the highest level of $1,832 per ounce, and closing at $1,831 per ounce, up $16. Bitcoin fell to about $18,300 at worst yesterday, but mainly fluctuated between $19,100 and $19,300, closing at about $19,200 per bitcoin. I believe we are still waiting for an opportunity to create a record high of $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

2020-12-02

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]