Gold market analysis

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

2020-09-09

The problem in the border area between China and India worsened again. During the confrontation, a shot was fired. It was reported that the soldiers of the two countries clashed while patrolling the border. Afterwards, both sides accused each other of firing first. The Indian side has indicated that it is ready to respond with military force before, but yesterday, the Chinese side even spoke harshly. If the Indian army provokes again, the Indian side should have the consciousness of mass annihilation! The US Department of Defense also made an appeal yesterday. It is hoped that both sides will exercise restraint, seek to solve problems through dialogue and be willing to act as mediators. 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. As a matter of fact, after China's economic rise, it constantly exerted pressure on Taiwan in order to unify China. Require Taiwan to recognize its ancestors and accept its sovereignty over Taiwan as soon as possible; For example, in many world organizations, Taiwan has been shut out because of China's one-China principle. This time Tsai Ing-Wen took the initiative to invite foreign democratic countries. To counter China's military threat, it is estimated that the United States, which sells weapons to Taiwan, will take the lead in advance. In the military conflict, the United States has shown the influence of the world's first brother, and has not forgotten to continue to exert pressure on China economically. After US President Trump once again made a speech on decoupling from China's economy during the Labor Day holiday in the United States, It also intimidates American enterprises not to do business with China, otherwise these enterprises are not eligible to obtain contracts from the US federal government. Yesterday, the United States banned the import of cotton and tomatoes from Xinqiang because China forced Xinqiang Muslims to participate in labor. Yesterday, after the Labor Day holiday, the resumption of the market failed to reverse the decline, and finally the US stocks fell for three consecutive trading days. Dow Jones index fell 632 points, closing at 27500 points, or more than 2.3%. Nasdaq index fell more than 4%, closing at 10,847 points. A sharp drop of 465 points. Among them, Tesla failed to join the S&P 500 constituent stocks as expected by the market, and its share price plunged by 21%, the biggest one-day drop in history, and became the accomplice of the Nasdaq index underperforming the market. Geopolitical relations are tense, and there is no breakthrough in the new round of fiscal stimulus negotiations in the United States, which stimulates the rise of the US dollar index. The gold price fell in the early period due to the rise of the US dollar, reaching a minimum of 1908 US dollars per ounce, but the trend of US stocks is weak. Investors adjusted their risk appetite, and the gold price rebounded rapidly, reaching a peak of $1,941 per ounce, and finally closed at $1,932 per ounce, up by $4. 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

2020-09-08

The problem in the border area between China and India has worsened again. The Indian side said that it was ready to respond with military force. It was unexpected that the two sides actually fired a gun in the confrontation yesterday. It is reported that soldiers of the two countries clashed while patrolling the border. Some Chinese soldiers first opened fire on Indian positions, which immediately triggered a counterattack. For the time being, I wonder if there were any casualties on both sides. I hope the situation will not deteriorate again. During the Labor Day holiday in the United States yesterday, US President Trump once again proposed decoupling from China's economy, saying that decoupling is an "interesting" word. If China and the United States really stop doing business, Beauty and beauty will not suffer. He said: "At present, the United States has lost billions of dollars, but if we don't do business with China, we won't lose billions of dollars. "although he did not indicate the reason for the loss, However, he added: "This is the concept of decoupling. We should first consider the US job market and bring back the investment in China. The United States will not only become the superpower of global manufacturing, but also create the fastest recovery in history. 」 In his speech, Trump especially praised the progress of the labor market recovery, boasting that from the first day he took office, his government took actions to create an environment for economic growth, employment and prosperity. According to the employment data released by the United States last week, the number of people applying for unemployment benefits for the first time was 881,000, the lowest since March, while the number of non-agricultural employment in the United States increased by 1.37 million, although it was slightly worse than the expected 1.4 million. However, the unemployment rate in the United States also dropped to 8.4%, which was better than the expected 9.8%. However, some experts questioned the water in the non-agricultural belt, because the US government temporarily employed 238,000 people in response to the 2020 census. In addition, United Airlines announced last Wednesday that it will let more than 16,000 employees take temporary leave from October 1, and Ford Motor Company also announced that it will lay off tens of thousands of people. Investors consider the improvement of employment situation, Imagine that the US Federal Reserve may not increase its monetary easing policy, and the US dollar index strengthened yesterday. Gold price fluctuated within a narrow range and closed at $1928 per ounce, down $6. The highest is $1941 per ounce, the lowest is $1925 per ounce, and the volatility is $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/OEEaFRx9QcbOZE-aQzNSgg

2020-09-07

The cumulative number of infected people in novel coronavirus is close to 27.27 million, and the number of confirmed deaths has increased by more than 887,000. In the United States, about 40,600 people were diagnosed with new pneumonia yesterday. The cumulative number of infected cases exceeded 6.43 million, and it continued to be the country with the largest number of infected cases in the world. Geopolitics is still tense. The Czech Republic, which was relatively close to China, has seen obvious changes in relations between the two countries. Because Czech Senate President Vystrcil recently visited Taiwan, and Chinese Foreign Minister Wang Yi said that Czech political officials' visits to Taiwan have violated the "one China" principle, All countries that challenge China's sovereignty and integrity are enemies of the 1.4 billion Chinese people and want the Czech Republic to pay the price. However, the five EU countries visited by Wang Yi, including Italy and Germany, all said they did not accept Wang Yi's threatening remarks. Wang Yi's statement in Europe this time is obviously self-defeating, angering the EU and undermining the purpose of this trip. However, the problems in the border areas between China and India have worsened again, and the two sides accused each other of provoking each other first. The Chinese side pointed out that it did not build facilities beyond national borders, while India pointed out that China constantly made military reforms, developed, operated and deployed defense in sensitive areas. The Indian side indicated that it was ready to respond with military power; It is an indisputable fact that the situation in the South China Sea has aroused the attention of the United States. The United States has formed an alliance with Japan to monitor the situation, and a slight mistake may lead to a misfire. However, China will not be ignorant enough to implement the modern policy of "making friends abroad and attacking in close proximity". Go far away to make friends with people and become a giant attacking neighboring countries? Richard Jada, Vice Chairman of the Federal Reserve Board of the United States, talked about the interest rate policy other than inflation when attending the forum last week, and firmly stated that negative interest rates are not a good monetary policy, and will not raise interest rates just because the unemployment rate falls. Implies that interest will stay at today's level for a long time. On the whole, the employment data released last week is ideal. The number of people claiming unemployment benefits for the first time in the United States last week was 881,000, the lowest since March. However, the number of non-agricultural employment in the United States increased by 1.37 million, which was slightly worse than the expected 1.4 million, but the unemployment rate in the United States also fell to 8.4%, which was better than the expected 9.8%. While the U.S. stock market performed well at the beginning of last week, Dow Jones index once returned to above 29,000, and finally closed at 28,133 points, down 210 points a week, while Nasdaq index performed best at the beginning of last week, breaking its peak for three consecutive trading days and breaking through the 12,000 mark for the first time. But it fell before the weekend and closed at 11313 points, losing 400 points in a week. The US dollar index was booming in the stock market and rebounded at a low level of 91.8, reaching a maximum of 92.9. However, in the long-term low interest policy, it is difficult for the US dollar to return to strength. Affected by the US dollar exchange rate, the price of gold fluctuated sharply last week, with the highest value reaching 1993 US dollars per ounce, the lowest value reaching 1916 US dollars per ounce, and finally closing at 1934 US dollars per ounce, with a weekly decline of 31 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

2020-09-04

The problem in the border area between China and India has worsened again. The two sides accused each other of provoking each other first. The Chinese side pointed out that it did not build facilities beyond the national border, while India pointed out that China constantly made military reforms. It is Si Mazhao's heart to develop, operate and deploy defense in sensitive areas, which shows that India is ready to respond with military force. On the other hand, the Indian government once again announced that, Another 118 Chinese mobile phone applications are banned, which means that these applications endanger India's sovereignty and integrity, India's national defense, national security and public order. This is the third time India has announced the ban on Chinese mobile phone applications. TikTok is the first time. India is a nation that loves singing and dancing culture. TikTok is exactly what it likes, but the people still unite and immediately abandon it, which is a manifestation of the spirit of unity and fear of foreign aggression. India wins the economic war first. Yesterday, the International Monetary Fund published an interesting report, that is, the global central bank's purchases in the past July. The report pointed out that the central banks of various countries only bought 8.2 tons of gold in total. It is the lowest net purchase since December 2018. According to the survey of the International Monetary Fund, there were seven central banks that increased their holdings of gold in July, of which Turkey was the most active and acquired 19.4 tons of gold; Eight central banks reduced their gold holdings, including Uzbekistan, which sold the most 11.6 tons of gold, Mongolia, which had reduced its gold holdings for three consecutive months, sold 6.1 tons more in July, and Germany, a larger economy, also reduced its gold holdings by 0.5 tons. However, the report added that although the purchase volume in July was not as positive as before, the net purchase volume of global central banks has exceeded 200 tons of gold since January 2020. In the old gold standard era, all central banks used the amount of gold stored as the guarantee for the country to issue banknotes, and the amount of gold stored by the central bank was also an indicator of the strength of the country's economy. However, after the financial tsunami in 2008, The central banks of all countries have saved the market with quantitative easing policy, and the gold reserve is no longer the guarantee for issuing money, so the gold standard exists in name only. However, it is still the only way for the central banks to purchase gold for stabilizing the national economy, and gold still has its investment value. Last night, the United States announced that 881,000 people applied for unemployment benefits for the first time in the United States last week was better than expected, which was also the lowest since March. However, institute for supply management's non-manufacturing purchasing managers' index of 56.9 was worse than the expected 57. Combining the two data and the changes in the number of non-agricultural employment announced at an early date, the number of employed people in the United States has improved, but the recovery momentum is still slow, resulting in a downward adjustment of the US dollar index from a high of 93.1 to 92.7 again, but it still increased from the previous day. The gold price fluctuated within a narrow range due to the trend of the US dollar index yesterday, with the highest value at 1951 US dollars per ounce and the lowest value at 1921 US dollars per ounce, and finally closed at 1931 US dollars per ounce, down by 12 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

2020-09-03

Last night, the United States announced the changes in the number of non-agricultural employment. The market expects to increase 950,000 jobs, and the actual number is an increase of 428,000. The data is worse than expected, indicating that the US economy is still dragged down by new coronary diseases. Recovery is slow. However, the market hopes that the loose monetary policy of the Federal Reserve will continue, and the US stock market will continue to rise. The Dow Jones index will return to the level above 29,000, up 454 points and closing at 29,100 points. The S&P index also reached a new high, rising 54 points and closing at 3580 points, while the bullish Nasdaq index broke the peak again and broke through the 12000 mark for the first time, rising 116 points and closing at 12056 points. The stock market is booming, investors are more willing to pursue investment products with high risk bias, and the safe-haven function of gold has slightly retreated. In addition, the US dollar index has strengthened, rising from the low level of 92.1 to the highest level of 92.9, and the gold price fluctuated sharply yesterday. The highest value is $1,973 per ounce, and the lowest value is $1,932 per ounce. Although it rebounded by the "small non-agricultural data", it finally closed at $1,943 per ounce, down by $27. The cumulative number of infected people in novel coronavirus is close to 26.13 million, and the number of confirmed deaths has increased by more than 860,000. In the United States, about 36,000 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 6.29 million, continuing to be the country with the most infected cases in the world. Geopolitical tensions remain. When visiting Europe, Chinese Foreign Minister Wang Yi did not forget to criticize Czech Senate President Vystrcil's performance in visiting Taiwan, saying that visiting Taiwan has violated the "One China" principle. All countries that challenge China's sovereignty and integrity are enemies of the 1.4 billion Chinese people, and they want him to pay the price for his actions. A stone set off a thousand waves, and the five EU countries visited by Wang Yi, including Italy and Germany, all said they did not accept Wang Yi's threatening remarks. Italy is the only country in Europe that has signed a the belt and road initiative with China, and Germany has long-term economic interests with China. Wang Yi's statement this time is obviously self-defeating and undermines the purpose of this trip. On the other hand, the Sino-Indian border area is once again in dispute, and the conflict between the two countries with the largest population in the world is ostensibly a boundary dispute, but in essence it is related to economic interests. China is a world factory, cheap and good, accounting for a considerable proportion of global supply; India is also known as the office building in the world. Because of its English environment and technical talents, it provides back-office services for many multinational enterprises. Whose cheese will be stolen in the end? At this stage, the result is unknown. 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

2020-09-02

Geopolitical tension, politicians wandering around the world to lobby is like the Warring States Period, uniting Lian Heng is wonderful! The Czech Republic, which was relatively close to China, has seen obvious changes in relations between the two countries. Because Czech Senate President Vystrcil recently visited Taiwan, Tezier attended the Economic and Investment Forum yesterday morning and signed three memorandums of cooperation with Taiwan, prompting Taiwan to increase its investment in the Czech Republic and Europe. In the afternoon, he went to Taiwan University of Political Science to give a speech, saying that he hoped this trip would help Taiwan open the door to Europe, and called on democratic countries to support Hong Kong people who are fighting for democracy. And say the slogan "I am Taiwanese" in Mandarin. Chinese Foreign Minister Wang Yi said that Czech political officials' visits to Taiwan have violated the "One China" principle. All countries that challenge China's sovereignty and integrity are enemies of the 1.4 billion Chinese people, and then the Czech consul in China will be summoned to inquire about the purpose of his Senate President's visit. Wang Yi himself also flew to Europe to visit five countries including Germany; Germany is the largest economy in the European Union, and it is also one of the western democratic countries that is more tolerant of China issues. One of the reasons is the long-term economic interest relationship between the two countries. On the other hand, it is the game between countries. The so-called shooting the first bird, there is a rising country that can replace the role that the United States is eyeing. Why not? On the other hand, if two tigers compete with each other, there will be one injury, or even two losses, and this is a big bargain. But in the end German Foreign Minister Maas also criticized China for threatening the Czech Republic. And urged China to withdraw the national security law of the port area and implement the principle of one country, two systems. These remarks cast a haze on the originally harmonious Sino-German relations. The U.S. stock market rose more and more. The Dow Jones index rebounded by 88 points, the S&P index rose by 14 points, and the bullish Nasdaq index broke its peak again, rising by 139 points. The performance of American stock market is completely out of touch with the global economy dragged down by new coronary diseases. Some investment banks' falling US dollar will further support US stocks and attract overseas investors to invest US$ 300 billion in the market. Become the driving force for the biggest rise of US stocks. However, the International Monetary Fund warned that if we want to assess the potential cost of this pneumonia crisis in COVID-19, it is estimated that the world will lose about 11 trillion US dollars this year and next. In other words, the world will be much poorer than before. Yesterday, the US dollar index continued to be influenced by the Fed's remarks. The US dollar index fell to a two-year low of 91.75. However, the institute for supply management Manufacturing Purchasing Managers Index released last night was 56, which was better than the expected 54.5, leading the dollar to rebound sharply to 92.47. The price of gold obviously fluctuated greatly under the influence of the trend of the US dollar. The highest is 1993 per ounce, the lowest is 1964 dollars per ounce, and finally it is closed at 1970 dollars per ounce, slightly rising by 3 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

2020-09-01

Yesterday, Hong Kong recorded nine confirmed cases of novel coronavirus infection, which fell back to single digits again in the past week. Unfortunately, there are still two people whose sources of infection are unknown! On the last day of the traditional summer vacation, the Education Bureau also announced the resumption of classes in the new school year. Kindergartens, primary and secondary schools will resume classes in stages on September 23, tentatively aiming at half-day face-to-face instruction. The SAR Government has also actively promoted the Universal Community Testing Scheme, calling on people who love their country, Hong Kong and their families to actively participate in the scheme. And the plan is fully supported by the central government. And mainland experts have been sent to Hong Kong for support. However, as of yesterday, only 550,000 people had registered, which was far lower than the 3 million people who loved their country and Hong Kong and supported the National Security Law of the Port Area. Is it true that people who love their country and Hong Kong do not love their families? Or are these supporters all virtuous people who put their personal interests behind others? Or is there another room? Perhaps Chief Executive Carrie Lam criticized someone for politicizing everything, but the public seems to be more worried about the follow-up policy after the test. Whether the SAR Government has adequate measures and long detailed plans to prevent the virus from erupting again in the community; We should know that the reason for the second outbreak of the virus is that the government is not thorough in implementing the health policy. On that day, the Chief Executive used humanitarian reasons, It is caused by allowing the crew and seafarers who come to Hong Kong to avoid picking up and testing and walking around at will! The cumulative number of infected people in novel coronavirus is close to 25.59 million, and the number of confirmed deaths has increased by more than 850,000. In the United States, about 32,000 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 6.26 million, continuing to be the country with the most infected cases in the world. Although the United States is still plagued by new pneumonia, the American stock market is still bullish, especially the Nasdaq index, which represents the new economy, has reached a new high of 11,775 points, while the shares of Apple and Desra Motors have been split. Attract more investors to chase after buying, which has made the market rise, which can be said to be an important contribution. Unfortunately, the Dow Jones index, which represents the traditional economy, rose first and then fell by 223 points, because the bank stocks were dragged down by the decline in debt interest. However, the performance was still the best in August in 23 years, with an increase of 6.6% in the whole month. In his annual speech last week, Federal Reserve Chairman Powell said that the average inflation rate in the United States would be allowed to be slightly higher than 2%. At one time, the remarks caused the dollar exchange rate to fluctuate greatly. Early this morning, Richard Jada, Vice Chairman of the Federal Reserve Board, talked about the interest rate policy other than inflation in the forum, firmly saying that negative interest rate is not a good monetary policy. Nor does it simply see the unemployment rate fall and raise interest rates, implying that interest rates will stop at today's level for a long 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/OEEaFRx9QcbOZE-aQzNSgg

2020-08-31

The cumulative number of infected people in novel coronavirus is close to 25.16 million, and the number of confirmed deaths has increased by more than 846,000. A recent survey in the United States found that 750 of the 1,500 American universities were infected. The number of confirmed cases exceeded 26,000, and the cumulative number of infected cases in China was about 6.14 million, which continued to be the country with the largest number of infected cases in the world. However, there are new developments in the treatment of new pneumonia in the United States. The Food and Drug Administration has approved the use of plasma from recovered patients for the treatment of new pneumonia virus. On the other hand, The US government is also considering speeding up the examination and approval of the vaccine jointly developed by AstraZeneca and Oxford University, and expects to use it before the November election. The above news about controlling new viruses is beneficial to the restart of the United States and the world economy. Geopolitical relations are still tense. Last week's Sino-US trade meeting was finally started by Chinese Vice Premier Liu He, US Trade Representative Wright Heze and Treasury Secretary Nuchin on August 25. It was reported that both sides had a good and constructive atmosphere at the meeting; The representatives of the two countries first agreed to strengthen the economic coordination policy between the two countries and evaluate the implementation of the first-stage trade agreement; Finally, the two sides agreed to create more favorable conditions and maintain communication in the future, and continue to promote the implementation of the first-stage agreement. It was thought that the trade conference between China and the United States would bring the two countries closer, but just after the conference, the conflict between China and the United States broke out again. The United States put 24 Chinese enterprises on the entity watch list, and the US State Department once again dealt with some Chinese individuals, The implementation of visa restrictions means that companies and individuals involved in China's construction of islands and reefs with sovereignty disputes in the South China Sea and its military operations. This action by the United States is to extend the front line to the military level to attack China. After that, the PLA reportedly fired four missiles into the South China Sea and landed in the sea area between Hainan Island and Xisha Islands. China's behavior not only shows that China's military performance has been pushed up to a higher level to shock other countries, It also highlights the unswerving attitude towards safeguarding the sovereignty of the South China Sea. US Defense Secretary Esper accused China of making every effort to expand its influence in Southeast Asia, especially in the South China Sea, and criticized Beijing for repeatedly violating its commitments under international law. Showing its military strength on a global scale, the United States is ready to deal with any threats in the relevant regions, and both sides have a strong smell of gunpowder. Japanese Prime Minister Shinzo Abe resigned due to illness and waited for his successor. However, Japan's close surveillance of China with the United States has become a riding tiger, which has increased the unstable factors. The data released by the United States last week were mixed, but the impact was not as good as a statement made by Powell, chairman of the Federal Reserve Board of the United States. He said that the average inflation rate in the United States would be allowed to be slightly higher than 2%, and then the US dollar index fluctuated sharply by 1%, pushing down the US dollar exchange rate in one fell swoop. Influenced by the annual speech of Federal Reserve Chairman Powell, As a result, the US dollar fluctuated greatly, and the price of gold also fluctuated greatly last week, with the highest value at 1977 per ounce and the lowest value at 1902 dollars per ounce, and finally closed at 1965 dollars per ounce, up 25 dollars from last 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

2020-08-28

Yesterday, it was mentioned that the United States listed 24 Chinese enterprises on the entity watch list, and the US State Department imposed visa restrictions on some Chinese individuals, referring to relevant companies and individuals. Because of its participation in China's construction of islands and reefs with sovereignty disputes in the South China Sea and its military operations. This action by the United States is to extend the front line to the military level to attack China. Yesterday, the People's Liberation Army reportedly fired four missiles into the South China Sea and landed in the sea area between Hainan Island and Xisha Islands. China's behavior not only shows that China's military performance has been pushed up to a higher level, As a deterrent to other countries, it also highlights the unswerving attitude towards safeguarding the sovereignty of the South China Sea. US Defense Secretary Esper accused China of making every effort to expand its influence in Southeast Asia, especially in the South China Sea, and criticized Beijing for repeatedly violating its commitments under international law. By demonstrating its military strength on a global scale, the United States is ready to deal with any threats in the relevant regions. China's Ministry of National Defense responded that the United States took the initiative to provoke, and China's attitude was clear and clear: "One is against it, the other is not afraid". China will have the determination and ability to defend national sovereignty, security and development interests. However, we must know that according to the ruling of the Permanent Court of Arbitration in The Hague, the Netherlands in 2016, More than 1,200 hectares of artificial reefs and military facilities built by China in seven areas of the South China Sea have violated the sovereignty and security of the Philippines. Therefore, only God knows whether it is right or wrong. However, no matter what the outcome is, it is obvious that the Sino-US trade conference has not successfully cooled down the tension between the two countries. Back to the data released by the United States last night, first, the negative growth of GDP in the second quarter of the United States was 31.7%, which seemed to be quite different from the negative growth of 5% in the first quarter, but it was actually better than the negative growth of 32.5% in the budget. The reason is that novel coronavirus started to crack down on the American domestic economy only in March. Another data is that the number of people claiming unemployment benefits for the first time in the United States last week was slightly more than the expected 1 million. Shortly after the data was released, the US dollar index fluctuated by 1%, first dropping sharply to 92.4 and then rushing to 93.3. However, this large fluctuation is not related to the quality of the above data, but the theme of the annual speech delivered by Federal Reserve Chairman Powell. He said that the average inflation rate in the United States would be allowed to be slightly higher than 2%. As soon as he spoke, the market pushed down the exchange rate of the US dollar on the grounds that the real interest rate of the US dollar would be impaired due to the increase in inflation rate; But with the speech, The Federal Reserve is still keeping inflation under close control to stabilize employment, and has not issued more remarks to change monetary policy, so the US dollar is in a hurry again. Influenced by the annual speech of Federal Reserve Chairman Powell, the US dollar fluctuated greatly. Yesterday, the gold price also fluctuated greatly during this period, with the highest reaching 1977 per ounce and the lowest reaching 1910 dollars per ounce. It finally closed at $1929 per ounce, down by $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/OEEaFRx9QcbOZE-aQzNSgg    

2020-08-27

The Sino-US trade conference originally scheduled for August 15 was successfully held the day before yesterday after several hard work. The meeting on that day was described as a good atmosphere and constructive; Both sides also agreed to create more favorable conditions and maintain communication in the future, and continue to promote the implementation of the first-stage agreement. The Trump administration of US President is also satisfied with China's implementation of the first-stage trade agreement. When everyone thought that the trade conference would break the ice for the relations between the two countries, Trump did not play cards according to common sense, and tried to attack China yesterday, putting 24 Chinese enterprises on the entity watch list. The U.S. State Department has imposed visa restrictions on some Chinese individuals, which means that companies and individuals involved in China's construction of islands and reefs with sovereignty disputes in the South China Sea and its military operations. This action seems unexpected, but it is reasonable to think deeply. Trump has been officially nominated as the presidential candidate of the Republican Party of the United States. In order to enhance his popularity, he showed that he wanted money and money. In order to have the ability to face each other, one hand is counting China, while the other hand continues to attack China, but the attack this time is on the military level! The filth of politics was understood by real Hong Kong people last year! Last night, the United States released data that the economy was favorable to the US dollar. First, the US core durable goods orders increased by 2.4% last month, which was better than expected, which was unfavorable to the trend of gold price. After the news was released, the price of gold dropped from a low of 1910 US dollars per ounce to 1902 yuan per ounce. Stay close to the 1900 level. Another data is the crude oil inventory in the United States last week, which decreased by 4.7 million barrels, reflecting that the American people not only showed signs of stability in long-term consumption, but also saw that the people have become accustomed to the epidemic. Slowly returning to daily life, the increase in gasoline is also increasing. It was thought that the data favorable to the US dollar would push down the gold price further. After falling to 1902 US dollars per ounce, investors who knew the goods entered the gold market one after another. In three minutes, the turnover reached 4.6 thousand lots, with a market value close to 900 million US dollars. In addition, the market expects that the annual speech delivered by Federal Reserve Chairman Powell will allow inflation to rise slightly, causing the US dollar to soften to below 93. Long-position investors immediately took control of the gold market, and the price of gold kept rising, finally closing at the highest level of $1954 per ounce 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/OEEaFRx9QcbOZE-aQzNSgg

2020-08-26

Yesterday, the China-US trade conference, which was thought to have been postponed indefinitely, was finally started by Chinese Vice Premier Liu He, US Trade Representative Wright Heze and Treasury Secretary Nuchin. It was reported that both sides had a good and constructive atmosphere at the meeting; The representatives of the two countries first agreed to strengthen the economic coordination policy between the two countries and evaluate the implementation of the first-stage trade agreement; Finally, the two sides agreed to create more favorable conditions and maintain communication in the future, and continue to promote the implementation of the first-stage agreement. According to the investigation of the newspaper, at the initial stage when the first-stage agreement came into effect, China's procurement lags behind the commitment process, resulting in the purchase volume being far lower than the target set by the US. Recently, however, China has stepped up its efforts to purchase American agricultural products and crude oil. White House economic adviser Kudla also issued a statement after the meeting, saying that US President Trump administration is satisfied with China's implementation of the first-stage trade agreement. The relationship between China and the United States was tense earlier, and this trade conference narrowed the gap between the two countries, hoping to lay a solid foundation for the future and break the ice. Back to the pneumonia epidemic in China, which is often accused by US President Trump, the cumulative number of infected people in novel coronavirus is close to 24.03 million, and the number of confirmed deaths has increased by more than 822,000. About 50,000 people were diagnosed with new pneumonia in the United States yesterday, and the cumulative number of infected cases exceeded 5.95 million. It is still the country with the largest number of infected cases in the world, showing signs of rebound in the trend, and even reported by American media. Just six days after the school started, there have been many cases of group infection in 24 states of the United States. The economic data released by the United States last night were mixed. First, the Consumer Confidence Index of the American Economic Consultative Conference, The data unexpectedly dropped to the lowest point of 84.8 in two months, which is about 10% lower than the estimated 93 points, indicating that the virus still threatens the grassroots working population, and it is inevitable to be pessimistic about the prospects when the income is not guaranteed. Consumption will naturally shrink. Another data is better than expected, that is, the sales volume of new houses in the United States has risen to 900,000. Obviously, the income of the United States is higher and more stable. For example, people who are engaged in the financial industry or high-tech workers just take advantage of the low-interest environment to buy their own homes, thus making good investments. Sino-US relations eased slightly, and the US dollar fell slightly. The gold price fluctuated yesterday, and the volatility narrowed slightly to US$ 24 compared with the previous day, with a high of US$ 1938 per ounce. The low level once fell to 1914 US dollars per ounce, and finally fell by one dollar to close at 1928 dollars per ounce. 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

2020-08-25

The U.S. stock market has performed well and has risen for three consecutive trading days. The Dow Jones Index and the Standard & Poor's 500 Index rose by 222 points and 26 points respectively, both of which rose by about 0.8%, while the Nasdaq Index hit a new high in the market. Up 132 points, or 1.2%. In the early period, Apple once rose more than 3%, reaching a high of $515.14, which was the first time in history to break through the $500 mark. Apple's share price has been rising from the low point in March, which has doubled about. It is also the first listed company with a share value of more than 2 trillion US dollars! A rising tide lifts all boats, and some media take the home of Apple CEO Cook as an estimate. The value of the company's additional shares alone has exceeded $1 billion. Is a real working emperor! There are new developments in the treatment of new pneumonia in the United States. The Food and Drug Administration has approved the use of plasma from recovered patients for the treatment of new pneumonia virus. On the other hand, The US government is also considering speeding up the examination and approval of the vaccine jointly developed by AstraZeneca and Oxford University, and expects to use it before the November election. The above news about controlling the new virus is beneficial to restart the US economy and stimulate the US stock market to do well. The cumulative number of infected people in novel coronavirus is close to 23.74 million, and the number of confirmed deaths has increased by more than 810,000. Although about 35,000 people were diagnosed with new pneumonia in the United States yesterday, the cumulative number of infection cases exceeded 5.9 million. It is still the country with the largest number of infected cases in the world, but there are obvious signs of decline in the trend, reflecting the government's effectiveness in controlling the disease. The US dollar rose last night, and the cases infected with new pneumonia in the United States showed a downward trend. In addition, the US government approved plasma therapy and accelerated the approval of new vaccines, which attracted venture investors to enter the US stock market and pushed up the US dollar index to 93.3. The price of gold fluctuated yesterday, with a volatility of US$ 35, and rose to yesterday's high of US$ 1,959 per ounce before the US market opened. However, due to the impact of the rising US stock market and the strengthening of the US dollar, the price of gold was rapidly pushed back to the US market of 1,924 per ounce. It finally closed at $1929 per ounce. 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