Gold market analysis

2020-10-07

Following the good news that US President Trump was discharged from hospital and the result of the interest rate resolution announced by the Australian Federal Reserve, the Australian Federal Reserve will keep the benchmark interest rate at a low level of 0.25%, and consider how to further relax the monetary policy to support weak enterprises and hope to stimulate employment data. Affected by the good news, the stock markets in the Asia-Pacific region have generally made good progress. They rose by 0.3% to 0.8% respectively, with the Taiwan-weighted index outperforming them by 1.24%. Major European stock markets also rose, with French and German stock markets rising 0.5%-0.6% respectively, while British stock markets were inferior, rising only 0.1%. Lagarde, president of the European Central Bank, said that the second wave of new pneumonia epidemic has the risk of delaying the economic recovery of the euro zone, and has to deal with the current pessimistic Brexit negotiations. When necessary, the European Central Bank has to consider adopting looser monetary and fiscal policies to save the economic crisis that may be impacted by the epidemic. The early performance of the US stock market was also ideal. The Dow Jones index led the rise by more than 200 points, and the S&P 500 and Nasdaq index also rose. The upward trend that was thought to be sustainable was completely reversed by a social networking post, but it rose to fall. The three major stock indexes of US stocks closed down across the board: Dow Jones Industrial Average fell by 1.34%, S&P index fell by 1.40%, while Nasdaq index was the worst, with a drop of 1.57%; It turned out that US President Trump was tweeting a sudden message at 2 pm local time in the United States, expressing dissatisfaction with the sincerity of Pelosi, the Speaker of the House of Representatives and a Democratic Party member. Trump pointed out that the Republican Party had given a very generous $1.6 trillion plan, and as always, she did not mean to negotiate in good faith, so he ordered his representative to stop negotiating with Congress on the new bailout plan, saying that it would be postponed until after the November 3 general election. The market originally hoped that the United States would reach an agreement on a new round of fiscal stimulus, but Trump's unexpected move surprised the market, and investors re-invested in the US dollar as a safe haven. The US dollar index began to rise from a low of 93.34 to a high of 93.85 yesterday. U.S. President Trump's post made U.S. stocks plummet, and gold was hard to be immune. Investors preferred to hold US dollars, which made the US dollar index appreciate. Yesterday, gold price was under pressure, falling from the highest level of 1921 dollars per ounce to close at 1878 dollars per ounce, which was close to yesterday's low. Yesterday's gold price performance was not only affected by the policy, but also needed to be adjusted in terms of technical trend. The gold price trend was first subject to the downward trend line of August's high level, and repeated attempts to break through 1918 failed, and 1918 happened to be 0.382 of Feibo regression line from June's low level to August's high level. After adjustment, the gold market outlook was healthier. 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

2020-10-06

After receiving four days of treatment at Walter Reed National Military Medical Center, US President Trump was discharged from the hospital this morning and returned to the White House, where he will continue to receive treatment. He posted a post on the social networking page saying that he feels very good and encourages the public not to be afraid of novel coronavirus, because under the leadership of him and his government, many useful drugs have been developed. Despite this, the recent polls still show that Trump's competitor Biden still leads by 11 percentage points. As of this morning, there are more than 1.05 million confirmed deaths worldwide, and the cumulative number of infected people in novel coronavirus is close to 3.568 million. In the United States, about 37,800 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 7.67 million, continuing to be the country with the largest number of infected cases in the world. The epidemic is intensifying in Europe, and the cumulative number of infected people in Spain exceeds 853,000, making it the first European country with a cumulative number of infected people exceeding 800,000; The number of infections in Britain is also expanding. More than 12,500 people were infected yesterday, and the cumulative number of infected people was about 515.6 million. The news that President Trump's health improved and he was discharged from the hospital stimulated the global stock market to make a good job, and the major European stock markets rose by about 1%; The three major indexes in the United States have also risen under the leadership of pharmaceutical stocks. Once Trump's treatment method is successful, it will inevitably play a demonstration role in treating SARS-CoV-2 and may put pressure on the US Food and Drug Administration. The market expects that vaccines may be launched earlier. The Nasdaq index closed at 11,332 points, up 257 points; Dow Jones index closed at 28,148 points, up 465 points; The Standard & Poor's 500 Index reported 3408 points, up 60 points, or 1.7% to 2.3%. The market expects the United States to reach an agreement on a new round of fiscal stimulus plan. US House Speaker Pelosi said that he is confident to reach a consensus with party friends and Republican lawmakers. The news stimulated the US dollar index to fall, closing at 93.46, down 0.4%, and the US dollar index fell to benefit. For goods quoted in US dollars, oil prices have risen significantly, and new york oil has soared by nearly 6%; Gold rose to a two-week high, rising by USD 13 to close at USD 1913 per ounce, with the highest price reaching USD 1919 per ounce. However, the non-manufacturing index of the American Institute of Supply Management last month, which was released last night, was better than the market expectation, which limited the increase of gold. Based on the low price of USD 1887 per ounce yesterday, the fluctuation of gold price reached USD 32 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  

2020-10-05

As of this morning, there are more than 1.04 million confirmed deaths worldwide, and the cumulative number of infected people in novel coronavirus is close to 35.33 million. In the United States, about 28,100 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 7.63 million, continuing to be the country with the largest number of infected cases in the world. The epidemic situation in Britain is also getting worse and worse. Last Saturday, for the first time, more than 10,000 people were infected in a single day, and the cumulative number of infected people exceeded 500,000. British Prime Minister Johnson warned that the new pneumonia epidemic may last until next spring, and stressed that the government is taking a balanced approach between saving lives and protecting the economy. Less than a month before the US presidential election, it is unknown whether Trump will fully recover and return like a hero to change the temporarily backward polls. However, once his treatment is successful, it will certainly play a model role in treating SARS-CoV-2, and may put pressure on the US Food and Drug Administration, and the vaccine may be launched earlier. In terms of economic data, the US GDP fell by 31.4% in the second quarter, which was the worst performance on record, while the employment data showed uneven performance. The number of people applying for unemployment benefits for the first time in the United States continued to decrease last week, and the unemployment rate in September also fell to the lowest 7.9% since March. The fly in the ointment is that the number of non-agricultural employment in the United States also slowed down in September, which failed to meet the overall employment atmosphere! The US dollar index fell from a high level last week, and the gold price also rebounded from a low of 1848 US dollars per ounce. With the infection of US President Trump to novel coronavirus, it rose to the highest level of 1917 US dollars per ounce, and finally closed at 1900 US dollars per ounce, rising by 38 US dollars a week. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRuyX_MDm6c8C1qbug

2020-10-02

昨日中秋兼國慶，美國不知是送禮給香港還是贈興， 昨日通過將香港列為可接受難民的地區，即香港人如人境美國，可透過政治難民身份繼續逗留美國，並申請成為美國公民。   地緣政治錯綜複雜，美國近日大張鑼鼓，在多方面以高姿態與台灣接觸，為與台灣建立邦交作準備，即承認台灣為國家，也就是否定中華人民共和國所提出的一個中國的原則； 日本沖繩縣石垣市議會通過議案，將日本稱為「尖閣諸島」、中國稱為釣魚島的行政區名稱，由「登野城」改為「登野城尖閣」，也正式在10月1日生效，正式宣示擁有該海域及島嶼主權； 而越南正式向聯合國國投訴，指中國解放軍在南海行為破壞南海和平協議，國家在國興日子，收到各國送來的音訊，可能因外交部官員正在享受「十一黃金週」假期，暫未聽到他們站出來說: 「堅決反對、極力維護……」等聲音。   第一場美國總統大選辯論會在過去週二香港時間早上時間舉行， 根據調查，兩名總統侯選人特朗普與拜登大會上表現惡評如潮，是次辯論會在美國收視也是歷年來最低的， 而兩人在民意調查中支持度相若，特朗普已揚言就算在總統選舉中沒有勝出時，他也不會交出總統權力， 而拜登也有可能在低票輸了時作出選舉呈請，以法律行徑去阻止特朗普連任。   國際信貸評級基構穆迪將紐約州的一般責任信用評級從Aa1下調至Aa2，即從評級穩定下降至展望穩定；同時也下調紐約市的評級。 穆迪表示，下調紐約州的評級是反映了冠狀病毒對該州經濟所帶來的損害，這是該公司自1990年6月以來首次下調紐約州的評級。   美國昨晚公佈多項經濟數據，數據結果好壞參半； 美國9月供應管理協會製造業採購經理人指數55.4差於預期的56.4； 而美國上週首度申領失業金人數83.7萬人好於預期的85萬人，但經濟專家預測今晚公佈的美國9月非農業就業人數僅為85萬，遠低於8月時公佈的1百萬，顯示就業市場前景較為悲觀。   多項不穩定因素，包括地缘政治、美國總統大選、美國就業市場前景加上穆迪下調紐約州的評級，使投資者重返黃金懷抱， 昨日金價單邊上升，在開市早段牛皮了三小時後開始上漲，終於在進入歐市時升穿每盎司1900美元水平，高位見每盎司1913美元， 低位即開市時的每盎司1885美元及至美市公佈數據後，最後以每盎司1906美元報收，升了21美元。     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/OEEAFRUYX_MDM6C8C1QBUG

2020-10-01

截止今早清晨為止，全球確診死亡人超過1百萬人的1.01百萬人，全球新型冠狀病毒累積感染人數接近3.41千萬人。 而美國昨日再有約3.15萬人確診新型肺炎，累積感染個案逾7.44百萬宗，繼續蟬聯全球最多感染病例國家。   而疫情在歐洲亦不斷惡化，英國及法國政府亦在上星期分別公布新防疫措施，英國新病例每天增加7000多宗， 英國首相約翰遜在昨日敦促英國人民，說他們要遵守為應對第二波疫情爆發而實施的規定，並警告稱，否則可能會出現更嚴格及作更長時間的封鎖； 而英國早前已收緊疫情下社交措施，限制酒吧、餐廳營業時間及社交人數等，而相關措施可能要維持半年之久。   雖然疫情在英國不斷加劇，但英鎊兌美元仍表現強勢， 英鎊上升主要有兩原因， 首先是歐洲藥物監管機構將啟動對牛津大學和阿斯利康公司新冠疫苗進行加速審核的工作，加快藥品和疫苗的批准工作，疫苗有極大機會率先在歐洲先行生產； 其次是英國脫歐談判的最新消息十分積極，歐盟首席脫歐談判代表巴尼耶就在新一輪談判中的態度，增加了英國有協議下的希望，使英鎊兌美元一路走高。 另一方面，英國央行的首席經濟學家希爾丹表示，英國在負利率的政策，暫時仍未成熟， 但他補充，有關這項政策的任何決定都將取決於成本效益分析，這可能需要數月時間，暗示只要達成某些條件，英國負利率是時間性的問題。這又限制了英鎊的升幅。   第一場美國總統大選辯論會在香港昨日早上時間舉行，兩名總統侯選人特朗普與拜登大會上表現如何先暫且不表， 但根據調查，是次辯論會在美國收視是歷年來最低的，顯示美國人民投票意欲低或已有投票定案， 但二人在民意調查中支持度相若，拜登稍為領先數個百分點，但上屆美國總統選舉，特朗普就是被希拉莉以領先十多個百分點而反勝的，所以勝負仍然難料。   美國昨晚公佈多項經濟數據，數據結果好壞參半； 美國9月非農業就業人數變化增加75萬人及美國上週原油庫存減少1.98百萬桶均好過市場預期， 但美國第二季國內生產總值下跌31.4%是有記錄以來最差季度表現，進一步拖累美元。 昨日金價在歐亞時段窄幅上落，及至美市公佈數據後，金價曾一度升穿1900水平，金價高位見每盎司1902美元，最低每盎司1881美元， 最後以每盎司1885美元報收，跌了12美元，而金價以月分來計，亦創下4年以來最差表現，整月一共下跌了4.2%。 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/OEEAFRUYX_MDM6C8C1QBUG

2020-09-30

European and American stock markets fell, and the market fell by 0.2-0.5%, while the three major indexes in the United States continued to be plagued by the epidemic. Investors worried about the performance of enterprises and reduced their holdings of risky stock assets; In reality, it is not an investor's worry. The American Disney Group, which believes that adults bring a dream world and bring infinite joy to children, has just announced its results. It recorded a loss of 4.72 billion US dollars in the second quarter of 2019, the first quarterly loss since 2001. Have to face the reality, Disney Group announced that it will lay off 28,000 employees in the theme park in the United States, accounting for 25% of the total number of employees in the park. There has been no progress in the business agreement between Britain and the European Union. Although the EU intends to give in on certain conditions to avoid Britain leaving the EU without consultation, which will bring uncertainty to the EU economies, there are still differences between the two sides on Britain's "internal market law", but the EU-based concession, Enough to support the exchange rate of euro and sterling. The two major parties in the US Congress have the opportunity to return to the negotiating table to solve the long-delayed new round of American epidemic relief measures. US House Speaker Pelosi said that the Democratic Party will plan to launch a new $2.2 trillion stimulus proposal. The scale is smaller than the $3 trillion proposal put forward earlier, but the figure is still much higher than that put forward by Republican leaders. However, the gap has narrowed, and the COVID-19 epidemic in the United States has shown signs of rebound, which is also beneficial for the two parties to return to the negotiating table and speed up the implementation of the plan. Especially in increasing unemployment benefits and providing assistance to some enterprises with great influence, such as airlines, it is urgent to put out the fire. The euro and the pound strengthened against the US dollar, while the US dollar weakened due to the return of the epidemic relief measures to the negotiating table. Coupled with the uncertainty brought about by the rebound of the US epidemic and the upcoming US presidential election, the US dollar index fell below 94 points yesterday and closed at the low of 91.81 points yesterday. Yesterday, gold prices benefited from the decline of the US dollar index again. And investors adjusted their risk appetite for gold price. The price of gold went up and down yesterday and then rose. The lowest price was $1,875 per ounce, and yesterday it was $1,899 per ounce, and finally closed at $1,897 per ounce, up $16. 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

2020-09-29

Europe's major stock markets have done a good job in an all-round way, reducing investors' concerns about the recent European epidemic, while the epidemic prevention measures implemented may hit the European economy, and the exchange rates of Euro and British Pound are supported. Lagarde, President of the European Central Bank, said that the measures introduced by the European Union three months ago to relieve the epidemic were effective. He saw that many European countries have shown signs of economic recovery, but they will still pay close attention to the development. It does not rule out that more resources will be invested to assist the euro zone economy when necessary; The United Kingdom also announced the interest rate decision of the Bank of England and will maintain the benchmark interest rate at 0.1%. ramsden, deputy governor of the Bank of England, pointed out that, Britain's economy has recovered steadily, but there are still uncertainties. The current target interest rate is appropriate at the lower limit. However, based on the negative interest rate implemented by the European Bank, the Bank of England has the obligation to consider whether to implement the negative interest rate policy to maintain its competitiveness. The remarks caused the pound to rebound at its recent low. However, there has been no progress in the business agreement between Britain and the European Union. Although both sides said that they intend to resolve their differences, both sides should protect their own interests. At least the EU opposes Britain's "internal market law", but Britain has made it clear that this is a policy to protect Britain's homeland after Brexit. It seems that it can't be solved in a moment or three to get Brexit through negotiation. The U.S. presidential election is just around the corner, and there will be the first debate meeting in Hong Kong tomorrow morning. When the two presidential candidates, Trump and Biden, will fight each other at the meeting, while investors are eating peanuts, We can also learn about the election policies issued by them through their words and phrases during the debate, so as to make a long-term investment step. The U.S. dollar index weakened due to the success of the European stock market, and the remarks made by ramsden, Vice President of the Bank of England, led to a sharp rebound of the British pound against the U.S. dollar, which pushed the U.S. dollar index down to 94.1 points. Later, it was revealed in the market that the two major parties in the US Congress would return to the negotiating table to solve the long-delayed new round of relief measures for the US epidemic, and the US dollar index was finally settled and finally closed at 94.27. Gold price rebounded after last week's adjustment. As the European stock market made a sharp rebound in the British pound, the US dollar index fell, and the gold price began to rise after entering the US market. The lowest price of gold was 1848 US dollars per ounce. Yesterday, it reached a high of 1883 US dollars per ounce, and finally closed at 1881 US dollars per ounce, up 20 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/OEEaFRuyX_MDm6c8C1qbug

2020-09-28

As of this morning, the number of confirmed deaths in the world is close to 999,000, and the cumulative number of infected people in novel coronavirus is close to 33,100. In the United States, about 29,000 people were diagnosed with new pneumonia yesterday. The cumulative number of infected cases exceeded 7.316 million, which continued to be the country with the largest number of infected cases in the world, while the epidemic situation in India continued to deteriorate. Yesterday, 83,000 new cases were reported and the cumulative number of infected cases exceeded 6.073 million. If the infection rates in these two countries remained unchanged, India will replace the United States as the country with the most infections in the world in three weeks. The British and French governments also announced new epidemic prevention measures last week to tighten the restrictions on gathering; However, the relevant measures in Britain may have to be maintained for half a year. Worried that the epidemic in Britain and Europe will once again damage the regional economy, and that Britain may leave the European Union, it is said that the Bank of England is considering a negative interest rate policy to strengthen its competitiveness, which will put upward pressure on the US dollar. With the wrestling between China and the United States, the relationship between the United States and Taiwan is getting closer and closer. The Chinese side has deployed its military strength in Zhejiang. It is reported that Chinese bombers can fly over Taiwan for missions within fifteen minutes, and the Taiwan Strait is even more tense. Chicago Fed President Evans said last Tuesday that the Fed may raise the benchmark interest rate ahead of schedule. The remarks triggered a wave of rise in the US dollar. Although he made a speech twice and said that the media misunderstood his words, the market still had delusions about raising interest rates in the US dollar. At least on the day of the Fed's interest rate voting, there were two negative votes, which prompted the dollar to continue to rise. The U.S. dollar index has weakened in sterling and euro, and the U.S. dollar has once again attracted investors' attention under the epidemic situation, and the market's interest rate hike on the U.S. dollar has attracted more attention. The US dollar index rose to 94.7, a two-month high. The gold price was adjusted last week. Due to the appreciation of the US dollar, the gold price fell below the 1900 mark, reaching a minimum of 1849 US dollars per ounce. After that, the market worried that the COVID-19 epidemic would drag down the economic recovery. However, the introduction of the American epidemic relief measures is far away, and the US dollar index finally broke up, so the gold price rebounded slightly, closing at $1,862 per ounce, down $82 a week. The US presidential election is just around the corner, This week, the two presidential candidates will hold a debate this week, and investors can pay close attention to whether the debate will issue relevant election policies; This week, the United States also released the last non-agricultural data before 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/OEEaFRx9QcbOZE-aQzNSgg

2020-09-25

The U.S. dollar index reversed in a V-shape yesterday, and rose all the way after the market opened, but fell back from the high of 94.6 and closed at 94.3, a slight decrease of 0.1%. The UK launched a new employment protection plan, and the British pound did a little better against the US dollar. Yesterday, the United States announced that the number of people applying for unemployment benefits for the first time last week was 870,000. Although it was a record of less than 1 million people for four consecutive weeks, it was worse than the expected 840,000 people, which forced the dollar to weaken. Earlier, Federal Reserve Chairman Powell attended a congressional hearing and called on the government to take more measures to support the economy. He said, "Only when people believe that attending ordinary activities is safe can the economy have a chance to fully recover. 」， Bauer also pointed out: "The future development will depend on whether the epidemic situation is under control and what policy actions governments at all levels take. It's a pity that the two major American parties are still holding each other's heels in the debate on relief measures for the new epidemic. There is no doubt that there is a vaccine against COVID-19 pneumonia, but it is only a matter of time; US President Trump posted a post on the social networking page earlier to make an impact on the election, saying that American citizens will soon get the COVID-19 vaccine. It may be four weeks or eight weeks, but it is obviously different from the officials in charge of the US Food and Drug Administration. Fu Qi, the former American health consultant of Trang, even pointed out that political behavior does not meet the scientific needs. We should not consider the implementation time of vaccines in COVID-19 from a political perspective. As of this morning, the cumulative number of infected people in novel coronavirus is close to 32.36 million, and the number of confirmed deaths exceeds 980,000. In the United States, about 33,000 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 7.175 million, continuing to be the country with the most infected cases in the world, while the epidemic situation in India continued to deteriorate, with 86,000 new cases yesterday. The cumulative number of infected cases exceeds 5.818 million. If the infection rates in these two countries remain unchanged, India will replace the United States as the country with the most infected cases in the world in three weeks. The price of gold fell with the pressure of the rising US dollar in Europe and Asia, reaching a minimum of US$ 1,833 per ounce. However, after the employment data was released by the US market, the market worried that the COVID-19 epidemic would drag down the economic recovery, and the release time of the American epidemic relief measures was far away. In addition, when the US dollar index finally broke up, the price of gold immediately rose, reaching a peak of $1,877 per ounce and closing at $1,868 per ounce, up by $5. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-09-24

The World Health Organization said that the spread rate of the virus in Europe was worrying, considered the epidemic situation in Europe very serious, and called on European countries to work together to implement measures to limit the concentration. More than 6,000 new people were diagnosed with new pneumonia in Britain yesterday. It has reached a new high since May, and the cumulative number of infected people is close to 410 million. The British government announced new epidemic prevention measures, limiting the number of people to a maximum of six, but bars and restaurants can only be open until 10 pm; The relevant measures may be maintained for half a year. The new pneumonia epidemic in France has further spread. The French government announced a new round of epidemic prevention measures, ordering restaurants and bars in Marseille, the second largest city in France, to be completely closed on Saturday, and Paris and other cities to limit the number of people attending the party. France added more than 13,000 confirmed cases yesterday, with a cumulative breakthrough of 480,000 infection cases. The purchasing managers' indices of EU and UK released yesterday were lower than market expectations. The data showed that the economies of the Eurozone and UK stopped growing in September, and the epidemic situation warmed up, which made the market worry that the new restrictions would endanger the economic recovery again. The pound and euro weakened. Earlier, Chicago Fed President Evans hinted that the Fed might raise the benchmark interest rate ahead of schedule. The remarks triggered a wave of rise in the US dollar, although he made a speech twice yesterday, saying that the media misunderstood his words. The vice chairman of the Federal Reserve, Clarida, also helped voice yesterday, reiterating that even if the inflation rate reaches the target of 2%, the Federal Reserve will not raise interest rates automatically. However, the market still lingers on raising interest rates, and still has delusions about the inconsistent statements of Fed officials. At least on the day of the Fed's interest rate voting, there were two negative votes, which prompted the dollar to continue to rise. Worried that the COVID-19 epidemic dragged down the economic recovery, the US stock market fell across the board, and the Dow Jones index closed at 26,763 points, down 525 points; The S&P index closed at 3236 points, down 78 points; Nasdaq suffered the most, falling more than 3% and closing at 10,632 points. Down 330 points. The uncertainty of the epidemic caused the US stock market to fall, which made investors take cash as the king, and the US dollar was the best option. Coupled with the weakening of the British pound and the euro, the US dollar index continued to perform strongly yesterday, reaching 94.4 yesterday, a two-month high. The price of gold continued to be pressed by the appreciation of the US dollar, and continued to fall yesterday. The price of gold began to fall from the high of 1905 US dollars per ounce in the morning market, reaching a minimum of 1855 US dollars per ounce, and finally closed at 1863 US dollars per ounce, down 37 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/OEEaFRx9QcbOZE-aQzNSgg    

2020-09-23

The US stock market ended its continuous decline. Yesterday, US technology stocks were sought after by the market again, driving the stock market to rise. The Nasdaq index rose 185 points and closed at 10,963 points, up 1.71%; The Dow Jones index closed at 27,288 points, Re-enter the level of 27,000 points, an increase of 140 points or 0.52%; The S&P index rose 35 points or 1.1% to close at 3315 points. Federal Reserve Chairman Powell continued to attend congressional hearings yesterday. He mentioned that the US economy has improved under the COVID-19 epidemic, but there is still a long way to go before the US economy can fully recover. He said that many data showed that the economy was improving, but the labor market was still fragile. Economic activities are also far below the pre-epidemic level; However, he reiterated his previous view that the Fed will support economic recovery at any cost, that is, it will further implement fiscal and monetary policies when necessary. The leaders of China and the United States made a gesture at the video summit of the United Nations. President Xi Jinping pointed out that the new pneumonia epidemic is a severe test for the whole world. Facing the new situation and new challenges, the United Nations should play an active role. Cooperation to improve global destiny. He emphasized that no country has the right to take charge of international affairs, dominate the fate of other countries, monopolize development advantages, and implied that the United States is hegemonic. In his speech, Trump described COVID-19 pneumonia as Chinese virus. He once again accused China of causing the epidemic to spread all over the world and asked the United Nations to hold China accountable. The cumulative number of infected people in novel coronavirus is close to 31.76 million, and the number of confirmed deaths exceeds 970,000. In the United States, about 35,000 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 7.09 million, which continued to be the country with the most infected cases in the world. The epidemic situation in India continued to deteriorate, with 90,000 new cases yesterday. The cumulative number of infection cases exceeded 5.6 million. Bill Gates, founder of Microsoft, said that under the best circumstances, he expected the epidemic to end in 2022. There are many twists and turns in the relief measures for the epidemic in the United States, and it is unlikely that they will be introduced before the November presidential election. On the other hand, Australia is actively considering a new round of relief measures. The Australian dollar weakened against the US dollar. In addition, the voice of Britain considering negative interest rate policy to strengthen its competitiveness is endless, and the US dollar index continued to perform strongly yesterday, reaching 94.2 yesterday, the highest level in two months. After a sharp adjustment at an early date, the price of gold oscillated downward yesterday. Affected by the strength of the US dollar index, the price of gold began to fall from the high of 1920 US dollars per ounce in the morning market, reaching the lowest of 1895 US dollars per ounce, and finally closed at 1900 US dollars per ounce, down 13 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/OEEaFRx9QcbOZE-aQzNSgg

2020-09-22

The cumulative number of infected people in novel coronavirus in the world has exceeded 30 million. As of this morning, there are nearly 31,470 people in the world, and the number of confirmed deaths exceeds 960,000. In the United States, about 33,000 people were diagnosed with new pneumonia yesterday. More than 7 million cases of cumulative infections went to 7.043 million cases, continuing to be the country with the most infections in the world, while the epidemic situation in India continued to deteriorate. There were 75,000 new cases yesterday and more than 5.56 million cumulative infections; In Britain, the spread rate of new pneumonia is also accelerating. Based on the current situation, it is estimated that the number of infected cases will reach 50,000 every day in October. This situation is worrying, and the British government has to implement more rigorous social measures again. The World Health Organization said that the spread rate of the virus in Europe is worrying, and that the epidemic situation in Europe is very serious. It called on European countries to work together to implement measures to limit the concentration and to cope with it with a scientific attitude. Bill Gates, founder of Microsoft, said that under the best circumstances, He predicted that the epidemic will not end until 2022. Federal Reserve Chairman Powell began to attend the congressional hearing yesterday. He said yesterday that the US economy is improving, and the improvement can be shown from a number of data. However, there is still a long way to go to get out of the economic trough caused by the new crown epidemic, and the road ahead is still full of uncertainties. However, he reiterated that the Federal Reserve will support the economic recovery at any cost. The US stock market fell across the board yesterday. Affected by the worsening of the COVID-19 epidemic and the news that many international banks were suspected of money laundering, the new york stock market fell immediately after opening, and the decline gradually expanded. The Dow Jones index fell by about 1,000 points and fell below the level of 27,000 points. Closing at 27,147 points, a decrease of 509 points or 1.8%; The S&P index plunged nearly 100 points and closed at 3281 points, down 38 points or 1.2%; Nasdaq index once fell 270 points, closing down to about 0.1%, down 14 points to close at 10778 points. The price of gold was greatly adjusted yesterday. Affected by the decline of Euro and British Pound, the US dollar index performed strongly, with the highest value reaching 93.8. In addition, the US stock market opened sharply. Driven by panic, investors demanded money instead of goods, even stocks or gold. Under people's trampling, the lowest price of gold has reached $1,882 per ounce, setting a new low this month. Compared with yesterday's high of $1,954 per ounce, it dropped sharply by $72, and finally closed at $1,912 per ounce, down by $32. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-09-21

The U.S. stock market continued to fall last Friday, with the three major indexes falling for three consecutive weeks. In one week, the Dow Jones index fell by 0.03%, and the S&P index fell by 0.7%, both of which were the worst performances since October 2019. The Nasdaq fell 0.6%, the worst closing record since August last year. The recent weakness of new york's stock market is certainly dragged down by the decline of previously sought-after technology stocks, but at the time of the global SARS-CoV-2 pandemic, The American economy has basically not recovered, and the performance of the stock market runs counter to the economy, which is one of the reasons for the stock market decline. On the other hand, the Federal Reserve Board of the United States held a meeting last week to announce the interest rate decision results. The federal funds rate remained between 0% and 0.25% until 2023, which met the market expectation. However, the market reaction was that the policy was too mild, and the Fed did not hear the voice of increasing the scale of bond purchase. Investors expected that there would be no more new funds in the market. It also became an excuse for the stock market to fall. It is expected that investors will focus on Powell's speeches at congressional hearings this week, when he will report assistance in response to the epidemic and the progress of previous stimulus plans. This week can be said to be Super Central Bank Week. The agreement of Britain's leaving the EU is still under negotiation. It is still unknown whether the result will be a hard decoupling or a good one. However, it is said that the Bank of England is considering a negative interest rate policy to strengthen its competitiveness. If this is really successful, it will put pressure on the US dollar. The situation between China and the United States is still tense. US President Trump banned the update and use of WeChat in the United States last week. It has caused communication troubles for Chinese in the United States, and WeChat payment is a commercial solution widely used by shops doing Chinese business. Once it is stopped, the economic losses will be hard to measure! What is even more surprising is that the Chinese Air Force released a model bombing clip of the K16 fighter jet yesterday, which refers to the suspected US military base in Guam. Is this clip the Chinese side's decision to shoot a paper tiger or run great risks? But I think someone is a little anticlimactic. But in any case, the bad feelings between the two countries have not been eliminated. The gold price fluctuated last week, the situation between China and the United States was tense, the performance of the US stock market and the trend of the US dollar. In addition, the Federal Reserve's interest rate decision was only as expected by investors, and there was no surprise, which pulled up the price of gold. Last week, the highest price of gold was $1,970 per ounce, and the lowest price was $1,932 per ounce. It closed at $1,944 per ounce, and rose by $4 a week. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-09-18

The cumulative number of infected people in novel coronavirus in the world has exceeded 30 million. As of this morning, there are nearly 30.32 million people in the world, and the number of confirmed deaths exceeds 950,000. In the United States, about 41,400 people were diagnosed with new pneumonia yesterday. The cumulative number of infections exceeded 6.87 million, and it continued to be the country with the most infections in the world. The epidemic situation in India continued to deteriorate. There were 96,800 new cases yesterday and more than 5.212 million cumulative infections; In Europe, more than 5 million new pneumonia cases have been confirmed, and more than 220,000 deaths have occurred. The World Health Organization said that the spread rate of the virus in Europe is worrying, and that the epidemic situation in Europe is very serious. European countries are called upon to work together to implement measures to limit agglomeration, and take a scientific attitude to cope with it together. US President Trump posted on the social networking page, saying that American citizens will get the COVID-19 vaccine soon, which may take 4 weeks or 8 weeks. However, it is obviously different from the officials in charge of the US Food and Drug Administration. Some officials said that it will take six to nine months for the COVID-19 vaccine to be launched. Trump is obviously using vaccines to power the election. Contradictions broke out between China and the United States from the trade war, and finally, due to the storm of amending the National Security Law of the Port Area, the decoupling relationship became unmanageable. Yesterday, the US Deputy Secretary of State visited Taiwan in a high-profile manner. There are even reports that the United States will lead other countries to support Taiwan's membership in the United Nations, and regard the one-China policy as nothing! From Nixon's visit to China in 1972 to establish diplomatic relations, the 48-year mutually beneficial relationship has been completely torn; Under the impetus of US President Trump, the United States has brought tremendous pressure on China in terms of economy, science and technology, military affairs and even international public opinion. In addition to verbal criticism or some painless sanctions, Perhaps we can only hope that Trump will lose the US presidential election in November. The U.S. Federal Reserve held a policy meeting for two days in a row, and published the results of interest rate decision yesterday morning. Just as the market expects to keep the federal funds rate between 0 and 0.25% until 2023, the market seems to think that the policy is too mild and there is no greater stimulus. Yesterday, all US stocks fell, and the Dow Jones index fell 130 points. The Nasdaq index fell 140 points, while the S&P index fell 28 points. Last night, the United States announced that the number of new jobless claims decreased by 33,000 to 860,000 last week, slightly higher than the market expectation of 850,000, but it has been lower than 1 million for three consecutive weeks. The price of gold fell yesterday. Due to the market's suspicion that the policy of negotiating interest rates and easing volume was too mild, although the price of gold rebounded slightly after applying for unemployment benefits, the highest price of gold yesterday was 1961 US dollars per ounce, and the lowest price was 1932 US dollars per ounce. It closed at $1944 per ounce, down $15. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-09-17

A trade storm broke out between China and the United States in 2018. The United States proposed to impose tariffs on Chinese goods, with a total value of US$ 200 billion. China opposed the US approach and filed a lawsuit with the World Trade Organization in the same year. The World Trade Organization (WTO) ruled earlier that the US government's tariff increase on China violated international trade regulations, requiring that the US trade policy must comply with WTO member regulations and fulfill the obligations required by the WTO. The Chinese side welcomed the ruling and said it was fair and just, while US President Trump has repeatedly criticized the World Trade Organization for favoring China. In July this year, due to the "National Security Law of the Port Area", the United States promulgated the abolition of Hong Kong's status as a special tax zone, and required that Hong Kong's exports to the United States should not be labeled as "Made in Hong Kong" but replaced by "Made in China"; Perhaps inspired by the above ruling, Secretary for Commerce and Economic Development Qiu Tenghua held a press conference yesterday, saying that he had written to the US Trade Representative in order to fight for Hong Kong's due rights and interests, demanding that the label of "Made in Hong Kong" be re-issued. He also reiterated that if the problem could not be solved through bilateral talks, he would consider settling the dispute through the World Trade Organization. But send a message to Secretary Qiu, don't be too optimistic. Even if the WTO decides that Hong Kong is straight, the WTO still has an appeal mechanism. It is impossible for the United States to directly follow the WTO ruling. Besides, if you are too attached to the "Made in Hong Kong" brand, others will misunderstand that you look down on China or say that you are politically incorrect. The U.S. Federal Reserve held a policy meeting for two days in a row, and published the results of interest rate decision this morning. It was approved by a large majority to maintain the federal funds rate between 0 and 0.25% until 2023, which met market expectations. When analyzing the US economy, the chairman of the Federal Reserve Board said that he is learning to make the economy more normal in COVID-19. He has seen that the US economy has improved, but it has stagnated slightly, paying special attention to the job market and inflation rate. The Federal Reserve Board will closely monitor market changes, so as to ensure that monetary policy is effective, timely and appropriately introduced. The data is mixed. The core retail sales in the United States increased by 0.7% last month; The 0.6% increase in retail sales in the United States last month was lower than market expectations. However, the US crude oil inventories fell by 4.39 million barrels last week, which was better than expected. The gold price fluctuated at a high level yesterday, and the US dollar weakened in the early period. The highest price of gold was 1974 US dollars per ounce, but the US stock market once again shattered the gold price. The lowest price was $1,950 per ounce, and it closed at $1,959 per ounce, up by $5. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-09-16

Received many large-scale purchase transactions, including Oracle's cooperation with ByteDance to operate TikTok's business in the United States, and NVIDIA's acquisition of ARM, a leading global semiconductor company held by Softbank. US stocks continued to do well on Tuesday. The Dow Jones index opened 237 points higher and finally closed slightly at 2 points; The Nasdaq index rose 177 points in the early stage and closed at 11190 points, up 133 points; The S&P index rose 35 points and closed at 17 points. US President Trump posted a post on the social networking page, saying that American citizens will get the COVID-19 vaccine soon, possibly in four or eight weeks. However, Bill Gates, founder of Microsoft, criticized the US Food and Drug Administration for being a political tool recently. Did not take good care of the vaccine in COVID-19 and questioned the safety of the vaccine. The cumulative number of infected people in novel coronavirus is close to 29.71 million, and the number of confirmed deaths has increased by more than 938,000. In the United States, about 33,600 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 6.78 million, continuing to be the country with the most infected cases in the world. The American epidemic relief measures originally announced in August were full of twists and turns. After being approved by the statutory 60 votes at the end of last week, the newly launched group of 50 people from both parties in the House of Representatives released a US$ 1.52 trillion anti-epidemic stimulus plan yesterday. Attempts have been made to break the deadlock in economic relief for several months, but some Members still expressed disappointment with the plan, while others were pessimistic about reaching consensus. Driven by the booming stock market, the United States has enjoyed a prosperous life of singing and dancing, and its economic data has also improved. The new york Fed manufacturing index released yesterday rose from 3.7 a month ago to 17; It is the highest level since November 2018, far higher than the expected 6.9 points. Based on this, it is normal for some Members to hold different views. The Federal Reserve Board held a policy meeting for two days in a row. It is expected that the interest rate policy will remain unchanged, and the loose monetary policy will be maintained for a long time and employment data will be the premise. The gold price fluctuated at a high level yesterday, benefiting from the weakening of the US dollar. The highest price of gold was 1972 US dollars per ounce. However, the high opening of the US stock market and the cross-growth rate of the manufacturing index of the Federal Reserve Bank of new york shocked the gold price, reaching a minimum of $1,948 per ounce and closing at $1,954 per ounce, down by $2. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg    

2020-09-15

The vacancy left by Japanese Prime Minister Shinzo Abe's resignation due to illness has locked in the candidate, because traditionally Japan will be held by the president of the largest party in parliament, but yesterday Yoshihide Suga was elected as the president of the Liberal Democratic Party of Japan. So he will succeed Shinzo Abe as the new prime minister. The new prime minister's China policy has attracted much attention. Yoshihide Suga, who was born in the Chief Cabinet Secretary, has been a confidant of Shinzo Abe since he worshipped him. In spite of the opposition of the Japanese Ministry of Justice and the Police Department, the restrictions on Chinese tourist visas were relaxed to attract more Chinese tourists to Japan; But he was also the first Japanese cabinet official to pay attention to the National Security Law of the Port Area. In addition, during his competition for the president of the Liberal Democratic Party, he indicated that the Japan-US alliance is the foundation of Japan's diplomacy, and it can be expected that he may seek cooperation with China economically, but even the United States will be the leader in science and technology policy on military or South China Sea issues. President Xi Jinping held a video conference with EU leaders yesterday. During the discussion, issues such as Hong Kong, epidemic situation and trade were involved. German Chancellor Michelle, who holds the rotating presidency of the EU, said that the EU will continue to pay attention to the problems caused by the National Security Law of the Port Area. It means that in Hong Kong, the voice of democracy should be heard, rights should be protected, and autonomy should be guaranteed. These are the unanimous responses of EU member States. The EU reiterates that it will not take sides with either China or the United States in trade. However, it pointed out that the EU increasingly felt that China had failed to fulfill its fair trade commitments and urged China to follow up. Affected by AstraZeneca's resumption of vaccine testing in novel coronavirus, and Oracle's cooperation with ByteDance in China to operate TikTok's business in the United States, And NVIDIA's acquisition of ARM, a leading global semiconductor company held by Softbank, led to the success of the US stock market yesterday, with all three major indexes closing up more than 1%. The U.S. dollar was eclipsed by the success of the U.S. stock market and dragged down by the news of Britain's hard Brexit. The US dollar index once fell from 93.3 to 92.9 yesterday, while the gold price rose due to the US dollar index, with the highest reaching 1962 US dollars per ounce and the lowest reaching 1937 US dollars per ounce, and closed at 1956 US dollars per ounce, up 16 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/OEEaFRx9QcbOZE-aQzNSgg

2020-09-14

The cumulative number of infected people in novel coronavirus is close to 29.12 million, and the number of confirmed deaths exceeds 920,000. In the United States, about 25,900 people were diagnosed with new pneumonia yesterday. The cumulative number of infected cases exceeded 6.70 million, continuing to be the country with the largest number of infected cases in the world, while the epidemic situation in India continued to deteriorate, with 93,200 new cases and more than 4.85 million cumulative infected cases yesterday. Last week, AstraZeneca, a British pharmaceutical company, announced that in the third phase of the clinical test of the COVID-19 vaccine jointly developed with Oxford University, the pharmaceutical company responsibly stopped the clinical trial because of a serious reaction from a female participant. However, after investigation by relevant departments, the test has been resumed. From the discovery of novel coronavirus in China to the global pandemic, the human lives and even the economic losses caused are really huge, and the whole world is paying attention to when the new vaccine will be officially launched. The second round of American epidemic relief plan, which was originally announced in August, was deadlocked. Last week, a new round of voting was held in the US Senate. Although the new plan was supported by most members, the bill was finally rejected because it failed to reach the required 60 votes. Some economists said that apart from the political power of the two major parties in the United States, the exuberant stock market in the United States may also paralyze some senators, making them unable to see the emergency clearly, warning that the later the bail-out measures are introduced, the finer the effect will be. However, the US economic data released last week were mixed. The number of people applying for unemployment benefits for the first time last week was 884,000. Although it was slightly higher than expected, it was lower than 1 million for the second consecutive week, indicating that the employment situation in the United States has improved but the momentum is still weak. In August, the producer price index of the United States increased by 0.3%, while the core consumer price index of the United States increased by 0.4%, both of which were higher than those in July, but they were far from the 2% inflation rate allowed by the Federal Reserve. It is expected that the Federal Open Market Committee interest rate agreement announced on Thursday will remain unchanged. Geopolitics is still tense, with "warning shots fired" on the Sino-Indian border, and the United States will send more officials to visit Taiwan officially. The "One China" principle adhered to by China has been completely abandoned by the US, and the situation in the South China Sea is even more tense. If the Cold War turns into a hot war, it may get out of hand. The European Central Bank said that the growth of the euro economic zone is as expected, and it has no intention of regulating the recent strength of the euro. The US dollar index once weakened, and with the tense geopolitical atmosphere, the price of gold rose to 1965 US dollars per ounce last week. However, the US economic data released by the United States last week showed that the economy improved slightly, which dragged down the increase, closing at $1,940 per ounce, up $6 a week.   For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg    

2020-09-11

The problem in the Sino-Indian border area is temporarily relieved; The situation was tense after the soldiers of the two countries clashed at the border earlier and "fired warning shots". Yesterday, the two countries held ministerial-level bilateral talks and reached a five-point consensus to maintain border peace. Including the military and soldiers of both sides should follow the consensus of the leaders of the two countries, focus on the premise that the dispute between the two countries will not heat up, and determine that the current situation in the border areas is not conducive to the interests of both countries; The border guards of the two countries should maintain dialogue, Keep the necessary distance, disengage as soon as possible and ease the conflict as soon as possible. Chinese Foreign Minister Wang Yi told ASEAN countries on Wednesday that the United States is interfering in the South China Sea situation in ASEAN and carrying out military expansion in the sea area. Accusing the United States of being the most unstable factor threatening the security of the South China Sea. On Thursday, US Secretary of State Pompeo made a long-distance speech to the foreign ministers of ASEAN countries, saying that Southeast Asian countries should have confidence in the United States and jointly resist China's bullying in the East and South Seas. Pompeo also hopes that ASEAN countries will reassess their business with Chinese enterprises, which aggravates the tension between China and the United States. The cumulative number of infected people in novel coronavirus is close to 28.24 million, and the number of confirmed deaths exceeds 910,000. In the United States, about 30,500 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 6.58 million, continuing to be the country with the largest number of infected cases in the world. The second round of US epidemic relief plan originally announced in August was deadlocked. In the US Senate yesterday, members voted on the new plan put forward by Senate Majority Leader McConnell, although the new plan won the support of most members. However, the bill was finally rejected because it failed to meet the statutory requirement of 60 votes. Some economists said that apart from the reasons of political disputes, the exuberance of the US stock market may paralyze some senators' minds and fail to see the emergency. The later the bail-out measures are introduced, the finer the effect will be. When more small and medium-sized enterprises can't survive, the government may fall into a bigger financial crisis, and then there is no way to save them. The US economic data released last night is supporting the phenomenon that the US economy runs counter to the stock market. Last week, the US crude oil inventories increased by 2.03 million barrels, and the market expected to decrease by 1.34 million barrels. The number of people applying for unemployment benefits for the first time last week was 884,000, which was also more than the expected 846,000. It shows that the employment situation has improved but the progress is slow, and the demand for crude oil from the public also reflects the stagnant economy. The European Central Bank said that the growth of the euro economic zone was as expected, and it had no intention of regulating the recent strength of the euro. The US dollar index then weakened. The price of gold once rose to 1967 US dollars per ounce yesterday, but the U.S. epidemic rescue plan died, which made the price of gold return to the lowest level of 1942 US dollars per ounce, and closed at 1946 US dollars per ounce, down one dollar. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-09-10

The prospect of the Sino-Indian border area problem is unpredictable. Earlier, the two sides really fired at each other during the confrontation. Afterwards, both sides accused each other of shooting first, but now the military of both sides only fired warning shots instead of attacking each other directly. The U.S. Department of Defense also made an appeal, hoping that both sides would exercise restraint, seek to solve problems through dialogue and be willing to act as mediator. It is understood that China and India have agreed to hold commander-level dialogue, but the number of soldiers of the two countries has increased to four in border conflict areas. If the conflict worsens again, I'm afraid it will start before the meeting. Taiwan President Tsai Ing-Wen yesterday called for the establishment of a democratic alliance to resist aggression, although Tsai Ing-Wen did not specify which country it was. However, it clearly implies that China's recent military activities in the South China Sea threaten the security of Taiwan and even Asia. Tsai Ing-Wen's invitation should be backed by the United States, and the Chinese Foreign Ministry immediately accused the United States of being the most unstable factor threatening the security of the South China Sea. In the Labor Day holiday, US President Trump once again put forward his remarks of decoupling from China's economy, and then threatened American enterprises not to do business with China, otherwise these enterprises would not be eligible to obtain contracts from the US federal government. However, some organizations have investigated companies that have invested in China, and most companies prefer to keep their assets in China instead of giving up orders from the US government. After all, China is still an emerging economy and provides cheaper labor. And it has a large business opportunity. China also criticized the United States for its unilateral idea, reminding the United States whether it should cooperate and win-win or play the winner-take-all zero-sum game. The cumulative number of infected people in novel coronavirus is close to 27.94 million, and the number of confirmed deaths has increased by more than 900,000. In the United States, about 27,500 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 6.69 million. Although the number of infected cases is still rising, But it is the lowest number of new infections in the United States in four months. However, AstraZeneca, a British pharmaceutical company, announced yesterday that a female participant had a serious reaction in the third clinical test of the COVID-19 vaccine jointly developed with Oxford University, and the pharmaceutical company would suspend the clinical trial. The U.S. stock market rebounded yesterday and ended its three-day losing streak. The Dow Jones index once rose 700 points and closed at 27940 points, an increase of more than 1.6%. Nasdaq index rose 2.7%, the biggest one-day increase in four months, and closed at 11141 points, up 293 points. The price of gold fell to 1921 US dollars per ounce in the early part of yesterday. However, the European Central Bank said that the growth of the euro economic zone was as expected, and the rise of the euro forced the dollar index to fall. In addition, geopolitical tensions and the failure of clinical trials of vaccines in the UK, The price of gold rose sharply at the highest level of $1951 per ounce when entering the US market, and finally closed at $1947 per ounce, up by $15. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg