Gold market analysis

2020-06-30

Sino-US relations are still tense, and the Standing Committee of the National People's Congress will end today. According to people who participated in the meeting, it was clear that there were similar laws on Hong Kong's national security. Just wait for the details, including penalties and implementation methods, and express our country's absolute determination to implement Hong Kong's national security law, so as to prevent other countries or organizations from attacking China's integrity and security through Hong Kong. It is expected that the Standing Committee of the National People's Congress will conclude the case today and promulgate it to the whole country.  The United States pointed out that China undermined Hong Kong's one country, two systems granted by the Sino-British Joint Declaration and grossly damaged Hong Kong's autonomy. Last Thursday, the U.S Senate unanimously passed the Hong Kong Autonomy Act, which can sanction people and enterprises that the U.S. believes are damaging Hong Kong's autonomy.  The bill allows sanctions against individuals or enterprises, And the banks with which they do business.  The bill needs to be passed by the US House of Representatives, and then signed by President Trump before it will take effect. Beijing sternly criticized the United States for its intention to interfere in China's internal affairs, and said it would take countermeasures and refuse to issue Chinese tourism certificates to American officials.  However, some business people who are pro-Hong Kong government said that if the United States really implements the Hong Kong Autonomy Act, Hong Kong's economy is bound to suffer a serious blow, and China's counter-attack measures will only be in vain, which will not help Hong Kong maintain its international status.  Last night, the United States released the outstanding housing sales report for May. Data rose by more than 44, the biggest increase in history, far exceeding market expectations.  Venture capitalists ignore the rising number of new cases of COVID-19's illness, and investors expect the United States to introduce more economic stimulus measures. US stocks closed high across the board, with the Dow Jones Industrial Average rising 580 points to close at the highest level of 25,595 points, an increase of 2.3. This morning, Federal Reserve Chairman Powell pointed out at a hearing in the House of Representatives that the economic prospects of the United States are still very uncertain, and the key lies in whether the epidemic can be controlled and the government's support for economic recovery. Powell mentioned that after the end of social restrictions in some areas, it has been observed that enterprises are reopening, speeding up the recruitment of staff and increasing the expenditure of enterprises, and the employment figures have also continued to rise. Consumer spending rebounded strongly last month, and has now entered an important new stage, which is mainly the challenge of controlling the virus.  Affected by economic data and market optimism, it supported the recovery of crude oil demand, which led to the rise of oil prices. New york oil futures closed at US$ 39.7 per barrel, rising more than the 3 yuan index, hovering at 97.4 points, and the gold price also hovered near the seven-and-a-half-year high. The volatility of the gold price narrowed yesterday, rising and falling between 1767 and 1774. It failed to test the new high of 1779 this month, and closed at 1771 dollars per ounce, down one dollar.  As for whether a breakthrough can be made on the last trading day in June to solve the seven-year itch, it is expected! For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-29

According to the statistics of Johns Hopkins University in the United States, the cumulative number of people in the world exceeded 10 million, and novel coronavirus was diagnosed and nearly 500,000 people died.  The United States is the most serious, accounting for one quarter of the global cases. The cumulative number of cases exceeded 2.5 million, and 125,000 people died from novel coronavirus infection.  Last week, there were even more signs of deterioration. Last weekend, more than 40,000 people were newly diagnosed in a single day across the country. Florida alone had more than 9500 confirmed cases over the weekend.  Several states in the United States tightened social restrictions and suspended the reopening of some economic measures to prevent the epidemic from worsening further. Last week, the International Monetary Fund (IMF) warned that if novel coronavirus spreads more widely, re-implements the blockade measures, or the trade tension intensifies again, it may increase the risk of the risky asset market. Because the valuation of some stocks and corporate bonds seems to be too high, it is out of touch with the development of the real economy.  Sino-US relations continue to be tense. The US Senate unanimously passed the Hong Kong Autonomy Act last Thursday. The bill can sanction people and enterprises that the US considers to harm Hong Kong's autonomy.  The bill allows sanctions against individuals or enterprises, as well as banks doing business with them.  Beijing criticized this as a hegemonic act of the United States and intended to interfere in China's internal affairs. It is expected that the bill will be passed in the US House of Representatives after the National Security Law of Hong Kong Edition is passed by the Beijing National People's Congress, and then signed into effect by President Trump. As of last Wednesday, it was obvious that venture capitalists ignored the second wave of COVID-19's illness, and the market was overly optimistic, and continued to push the world stock market upward until the IMF issued a warning last Thursday. And the new cases of epidemic in the United States increased in a double way and reached a record high, which immediately impacted the financial market. The Dow Jones Industrial Average index fell in the first two trading days of the weekend and continuously fell to a two-week low. It closed at 25,015 points, while the Nasdaq index fell below 10,000 points to close at 9,757 points.  The number of people infected with novel coronavirus in the world exceeds 10 million, which puts pressure on oil prices;  At the beginning of last week, new york oil reached the highest post-epidemic record of $41.6 per barrel. It continued to decline, closing at $38.2 per barrel, close to the lowest closing in one week.  However, the US dollar remained strong, and the US dollar index was above 97 points, which once delayed the increase of gold price. After gold futures hit a seven-and-a-half-year high of $1,779 per ounce on Wednesday, the price of gold fell below $1,750 under pressure because the United States considered imposing tariffs on European goods, which boosted the demand for dollars. Finally, it returned to the level of 1770 by the news of the epidemic, and closed at 1772 dollars per ounce, which was the third consecutive week of increase. 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

2020-06-24

U.S. Treasury Secretary Nuchin expressed his expectation that China would fulfill the first-stage trade agreement.  He also said that if the United States can compete with China in a fair environment, it will be a great opportunity for the United States. Because China has a huge and growing middle class market, however, if the United States cannot participate and compete on a fair basis, the economic relations between the two countries will be disconnected. U.S. Treasury Secretary Nuchin said he expected the economic recession caused by the new pneumonia epidemic to end before the end of this year.  He revealed that a new round of stimulus plan may be adopted in July. The mainland stock market fell first and then rebounded yesterday.  In the early stage of the market, Navarro, a White House trade consultant, pointed out that the Sino-US trade agreement had ended. However, after that, President Trump clarified in a social networking post that the trade agreement with China was in good condition, and the index turned from falling to rising.  The American manufacturing managers index rebounded in June, and financial data provider Markit announced that, The initial value of manufacturing purchasing managers' index (PMI) rose to 49.6 in June, up 9.8 month by month, which was better than the market expectation, reflecting that with the economic restart, the contraction of manufacturing and service activities improved. Last month, the construction of new houses rose by nearly 17%, exceeding expectations.  U.S. stocks closed high across the board. In addition to the bright data above, the market also expected more stimulus measures from U.S. Treasury Secretary John Nuchin, and technology stocks continued to be bought. In addition, the tension in international trade eased slightly, pushing up the market, and the Nasdaq index broke its peak again.  The Dow Jones index rose 290 points at most and closed at 26156 points.  The Nasdaq hit a new high in the market and closing. The index once rose by 1.6 to 10221 points, and closed at 10131 points, up 74 points, or more than 0.7. This month, it was the fifth time to generate a new high in the city.  The weakness of the US dollar led to an increase in gold prices, which closed at 1,770 US dollars per ounce. It rose by US$ 15.6, or 0.8, the highest in more than seven and a half years.  It is one step away from the high of 1,773 on October 12, 2012.  Oil prices rose first and then returned, mainly because the market predicted that US crude oil inventories would increase. American petroleum institute announced that US crude oil inventories increased by 1.7 million barrels last week, which was significantly higher than the market expectation of an increase of 300,000 barrels.  New york oil has reached its highest level since the beginning of March, and then turned down. New york oil futures closed at $40.37 a barrel, down 36 cents, or 0.9 For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-23

Chinese and European leaders held a video conference. President Xi Jinping met with European Council President Michel and European Commission President Von Draine.  Xi Jinping pointed out that, China is willing to work with the European side to promote Sino-European relations in the "post-epidemic era" and move to a higher level.  Xi Jinping stressed that China wants peace and not hegemony. It is an opportunity rather than a threat. The two sides should respect each other, seek common ground while reserving differences, and make peace while being different, so as to continuously enhance mutual understanding and trust.  Xi Jinping's remarks are obviously in response to last week's EU announcement. The EU is about to launch a series of measures to try to curb Beijing's trade ambitions on the European continent.  Xi's speech at least tried to reduce his opponent outside the United States. As a matter of fact, Europe and China, as the world's two largest economies, currently face great uncertainties in the world. Only by strengthening international cooperation can we meet global challenges and jointly promote the recovery of the world economy. However, this is often the case with state affairs. Politics usually comes before economic interests.  Ishigaki City Council of Okinawa Prefecture in Japan passed a bill calling Japan the Senkaku Islands and China the name of the Diaoyu Islands. From "Den Ye Cheng" to "Den Ye Cheng Jian Ge", the name is expected to be officially changed from October 1.  The Chinese Ministry of Foreign Affairs spoke immediately and Japan passed the so-called "rename" bill. It is a serious provocation to China's territorial sovereignty and firmly opposes it. It has made solemn representations to Japan through diplomatic channels and reserves the right to make further reactions. U.S. stocks fell first and then rose. The market was concerned about the increase in confirmed cases of new pneumonia and the U.S. economic situation. After that, the market turned up again and again, driven by the build-up of technology stocks.  The Nasdaq index climbed 10,000 points again. The Dow Jones index also climbed 26,000 points to close at 26,024.  The dollar fell and the market was concerned about the prospects for economic recovery after the epidemic.  The dollar index fell about 0.7 percent to 97.017. Gold prices rose to a one-month high, driven mainly by the decline in the US dollar.  In addition, the global epidemic situation is still uncertain, and the demand for safe haven also supports the gold price. Gold rose to $1,759 yesterday as nobody entered the market.  Harvest pushed gold back to $1,754 an ounce.  Gold stocks and oil all rose, while crude oil futures continued to rise, closing at $40.3 a barrel. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-22

內地過去一日新增26宗新型肺炎確診病例，本土病例佔25宗，22宗來自北京，3宗來自河北。其中有百事公司位於北京的一間工廠有8人確診， 工廠停工停產。這是北京繼新發地市場之後的第二個社區爆發群組，情況令人擔憂。直至昨日統計，全球至少46萬死於新型冠狀病毒， 而確診病例超過884萬宗。疫情從去年12月在中國爆發後，目前已蔓延到196個國家及地區。病毒除了造成傷亡外，更嚴重打擊經濟， 曾一度令全世界經濟幾乎停擺，疫情第二波發展確實令人擔心。美國聯儲局主席鮑威爾上週在參議院聽證會作證時說，雖然近期美國經濟改善， 但由於新型冠狀病毒疫情帶來的較高失業率和小企業倒閉潮，美國經濟仍面臨顯著的長期傷害。除非疫情真正得到控制，否則不太可能經濟全面復甦。 而美國聯儲局在上週亦公布議息維持在0至0.25厘，並將保持利率在目前水平直至2022年底。除了疫情令經濟停滯不前外，世界政局緊張亦加添投資風險。   美國國務卿蓬佩奧和中共中央政治局委員楊潔篪，日前在夏威夷的會面，有美官員形容，中國在會面中的態度不積極，雙方關係緊張。 估計所說的態度不積極就是指北京國安立手法及態度。美國總統特朗普就再次威脅，要切斷與中國的關係。 而昨日美國海軍兩個航母戰鬥群，於菲律賓海面展開軍演。似乎是要向中國傳達信息，就是即使新型冠狀病毒疫情大流行， 美軍將繼續在區內維持強大力量，以震懾中國。此外，中國印度邊境爆發流血衝突，印度據報改變接敵規則，容許印軍在今後中印衝突向解放軍開槍。 北韓宣佈將對韓工作改為對敵工作小股兵力，南韓政府消透露，捕捉到兩韓邊境哨所清除雜草及維修道路，擔心可能會對南韓發動軍事行動。 莫要發展成中印衝突結果，因為北韓下一步行動不可以理性推斷。金價上週再次突破1730美元，最高升至1745美元。 由於疫情,經濟,甚至世界政局都存有不穩定因素，有利金價走勢。紐約原油合約亦創疫情爆發後新高，曽重上每桶40美元水平，後市看疫情第二波發展。   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/OEEaFRx9QcbOZE-aQzNSgg 【服務內容】 －每月技術分析教學講座 －每週導讀交流班 －whatsapp免費會員交流群組 －收費行情指導群組 －即市策略指導 －數據提示及分析 －每日市況分析及評論 官方網站：www.wemadewealth.com [http://www.wemadewealth.com] 諮詢請INBOX或聯繫WhatsApp：98765137 WhatsApp Link：https://api.whatsapp.com/send?phone=85298765137

2020-06-19

US Secretary of State Pompeo and Yang Jiechi, member of the Political Bureau of the CPC Central Committee, concluded talks in Hawaii yesterday.  After the meeting, both sides expressed that the meeting was effective and achieved certain results.  The Chinese Foreign Ministry said, Yang Jiechi clarified China's position on Sino-US relations and issues concerning Taiwan, Hong Kong and Xinjiang, stressing that China's establishment of the "Port Security Law" is purely an internal affair of China and firmly opposes US intervention in Hong Kong affairs. China's determination to push forward national security legislation in Hong Kong is unshakable.  Later on the same day, the National People's Congress Committee also added the "Port Security Law (Draft)" to its agenda for deliberation. It is estimated that it has been approved to some extent by the United States. However, the US State Department said that Pompeo stressed at the meeting the need for China and the United States to establish comprehensive and mutually beneficial exchanges in the fields of commerce, security and diplomacy, and urged China to remain transparent in the fight against the epidemic. After observing the talks between the two sides, the atmosphere in the public speech was friendly and each should have his own needs. It is expected that Hong Kong's status as a financial center will be preserved.  Major European stock markets fell, ending the gains of the past two days. The increase in new pneumonia cases in China and parts of the United States has triggered investors' worries about the second wave of infection.  However, the stock market in new york has developed individually with limited rise and fall.  According to figures from the US Federal Reserve, As of Wednesday, the balance sheet had a size of 7.14 trillion U.S. dollars, a weekly decrease of 80 billion U.S. dollars, the first contraction since February, representing a decrease in the amount of currency swaps between the Federal Reserve and foreign central banks. As well as other emergency credit arrangements.  Reflects the decrease in international trade, mainly due to the new crown epidemic.  The number of confirmed cases of new pneumonia has increased after several US states restarted their economies. But President Trump reiterated that he would not impose the blockade again.  The number of new claims for unemployment assistance in the United States decreased slightly to 1.51 million last week but still exceeded expectations. The number of continuing claims for assistance also stood at 20.54 million. Reflecting that the road to labour market recovery is still long.  Gold prices are soft and the US dollar index remains strong above 97, weakening gold's safe-haven ability. However, the number of confirmed cases of new pneumonia worldwide has increased, limiting the decline of safe-haven gold. Gold prices surged yesterday to a high of 1,738 US dollars and a low of 1,717 US dollars, closing at 1,722 US dollars.  Crude oil futures prices rise.  Organization of Petroleum Exporting Countries and Allies Hold Ministerial Committee Meeting, He also urged Iraq, Kazakhstan and other countries to better abide by the agreement.  According to the investigation, the implementation rate of the agreement reached 87. 5% in May. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-18

U.S. Secretary of State Pompeo met with Yang Jiechi, a member of the Political Bureau of the CPC Central Committee, in Hawaii and met behind closed doors at a military base in Honolulu to seek to ease tensions between the two countries. It is expected that the scope of discussions between the two sides will include the handling of the new crown epidemic, trade issues between the two sides, the peaceful development of the Korean Peninsula, and possible mention of China's military actions in the South China Sea. This is the first meeting between the two countries' top officials since the outbreak of the new pneumonia epidemic.  In the closed-door meeting, it is estimated that the theme will fall on Beijing's approach and rationale for promoting the Hong Kong version of the National Security Law. In addition, the US side will bargain over the sanctions to be imposed and the possibility of countermeasures will be exchanged.  Yesterday, the EU will soon launch a series of measures to achieve a level playing field with China. At the same time, it also tries to contain Beijing's trade ambition in the European continent. This is the first time that the European Union has demonstrated its geopolitical power in a rare way after the United States challenged China.  During their meeting in Hawaii, China has lost another bargaining chip and is temporarily at a disadvantage.  Although the results have not been announced, I hope the two sides can finally make a rational decision to create a win-win situation, benefiting both their own countries and the world. U.S. Federal Reserve Chairman Powell said at a congressional hearing on the second day that the U.S. economy is beginning to recover from the worst of the novel coronavirus crisis, but at present 25 million people are unemployed in the United States. In addition, the epidemic situation continues, requiring more assistance from Congress.  If Congress withdraws its support too soon, the situation is worrying.  He mentioned that economic recovery from recession may take some time. Interest rates may need to remain close to zero for a long period of time, and the Federal Reserve will continue to buy government bonds to lower longer-term borrowing costs.  Crude oil futures prices fell. The number of confirmed new pneumonia cases in China and the United States has increased, and the U.S. Energy Information Agency announced yesterday that crude oil stocks increased last week and have increased for two consecutive weeks, increasing 1.2 million barrels last week, pushing down oil prices. New york Oil closed at US$ 37.96 a barrel, down 42 cents, while 1.1 yuan's exchange rate rose but fell against traditional safe-haven currencies.  The number of confirmed cases of new pneumonia in the United States and China has increased significantly. Triggering the inflow of funds into safe-haven assets.  Gold price trend volatility narrowed again, yesterday's volatility was 1713-1730.  It closed at $1,726 an ounce, up less than $1, repeatedly challenging a high of 1,730 in the gloom. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg  

2020-06-17

The US State Department said that Pompeo and Deputy Secretary of State Bigan met with a delegation headed by Yang Jiechi, a member of the Political Bureau of the CPC Central Committee, on Wednesday at Hickam Air Force Base in Hawaii. It is expected that the scope of discussions between the two sides will include the handling of the new crown epidemic, trade issues between the two sides, and the peaceful development of the Korean Peninsula. The top priority of the discussions will inevitably be Beijing's promotion of the Hong Kong version of the national security law while the US side will first release goodwill. Not only will flights to and from China and the United States be allowed to fly around, but also the ban on doing business with Huawei will be amended, and domestic enterprises will be approved to cooperate with Huawei to formulate 5G network standards.  However, there is no free lunch. If you want to know that Pompeo is a hawk in the United States, and that the people are the first to salute and the second to fight, the Beijing delegation may not have been unaware of this. It has made its own calculations before it set off.  It is expected that the final result will only vary in degree and where the steps are located. U.S. released core retail sales data last night, up 12.4 percent from last month and 5.5 percent higher than expected, confirming U.S. citizens' return to economic activity.  The economy is back on track, with the US dollar index strengthening 96.62. Close to today's high closing.  However, cold water was poured on the data after it was released. US Federal Reserve Chairman Powell testified at the Senate hearing that although the US economy has improved recently, However, the US economy is still facing significant long-term damage due to the high unemployment rate and the closure of small businesses brought about by the novel coronavirus epidemic.  He pointed out that with the recent economic restart, some economic indicators have stabilized or even rebounded. However, the economic output value and employment rate are still far lower than those before the epidemic.  Powell said a full economic recovery is unlikely unless the epidemic situation is truly under control.  The longer the economic downturn lasts, The longer-term damage caused by permanent unemployment and business failure will be more serious.  He finally warned that if the downward trend of the economy cannot be controlled and reversed, the gap between the rich and the poor will widen. It is not only the poor who are forced to live. North Korea blew up the two Koreas' liaison office building in Kaesong Industrial Park and threatened to restart the nuclear test.  The United States immediately urged the Pyongyang government to avoid taking further counter-productive measures. Gold's volatility narrowed yesterday, mostly between 1720 and 1730, closing at $1725 an ounce, still looking for news to break through the gloom.  With the recent economic restart, social activities began to flourish. Oil rose as high as US$ 39 a barrel in new york and closed at 37.87.  Crude Oil Investors Pay Attention to US Oil Inventory Announced Today.    For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-16

中方將及時發布。中方不否定傳聞，暗示真有其事。不知美方是否要顯示誠意，預備了手信;路透社報導，美國將會修改禁止美國企業與中國電訊設備商華為有生意往來的禁令， 容許他們在5G網絡建設方面，與華為合作。美國政府去年以國家安全為由，限制向華為出售美國產品及技術。兩國修補關係， 對推動已被新冠肺炎弄得支離破碎的全球經濟絕對有利，股票市場即時作出反應，原本受中美兩國爆發新疫情所影響，亞洲股市全面向下。   但在消息傳開後，美股做好，道瓊斯工業平均指數升0.6%報收25,763點。美元指數昨天先升後跌，跌破97水平，收96.6，以全日低位收市。 現今疫情仍反覆，國際關係未完全明朗，世界經濟形勢更趨嚴峻，更複雜多變，投資者正面臨較多風險挑戰。美元指數昨日走弱，並未惠及另一作為避險工具的黃金。 金價昨日大幅震盪，高低波幅達30美元。金價在亞洲開市時段便開始下跌，最低在美市開始曾跌至1704美元1盎司，收報每盎司1725美元。 市場震盪令黃金小投資者失去信心，但亦無須太灰心，始終各國央行放水救市仍是事在必行，疫情帶來的經濟不穩定亦會有利金價走勢。 紐約期油走高，市場氣氛改善，令油價回升至每桶37美元水平收市。   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/OEEaFRx9QcbOZE-aQzNSgg

2020-06-15

U.S. stocks pointed to a record high last week, breaking the 10,000 mark for the first time.  However, the Dow Jones Industrial Average is only 8 short of its pre-crash high. In order to solve the market failure and credit freeze, The U.S. Federal Reserve not only provides liquidity to high-quality enterprises, but also benefits the junk bond market. Under the effect of increased liquidity, the stock market has outperformed the real economic growth rate at an extremely fast speed. The U.S. Federal Reserve announced last Wednesday that the interest rate will remain at 0-0.25% and will remain at the current level until the economy passes the test of recent events and is expected to remain at the current level until the end of 2022. However, after the meeting, US Federal Reserve Chairman Powell delivered a speech which looked at the weak prospects of the US economy.  The U.S. stock market fell on Thursday, with the Dow Jones index plunging more than 700 points when it opened, dropping 1907 points at most. The decline had rebounded more than 75% to 25,600.  U.S. President Trump said last week that in response to China's push for the Hong Kong version of the National Security Law, he had indicated that he would begin to terminate the procedures for the U.S. government to maintain a special relationship with Hong Kong. U.S. Treasury Secretary Noumqin added last Thursday that the U.S. may restrict the flow of U.S. dollars through Hong Kong, which is undoubtedly blocking China's fund-raising function in Hong Kong and hitting the nail on the head. It is said that the top officials in charge of foreign affairs of the two countries are preparing to meet in Hawaii. The United States is headed by Secretary of State Peng and China is sending Yang Jiechi, director of the Office of the Central Foreign Affairs Committee. Although the relevant arrangements and the contents of the meeting have not yet been determined, and the United States and China have witnessed new outbreaks respectively, the attitudes of the two countries are especially important to the economic performance of the world.  I hope the two countries can let go of their prejudices and work together to tide over the difficulties. In addition to the difficult treatment of Sino-US relations, the political situation has turned dark again. Relations on the Korean Peninsula have recently become more tense. North Korea announced earlier that defectors should spread anti-North Korea leaflets on the border and change their work against South Korea to work against the enemy. And ordered the complete closure of all communication channels between the two Koreas.  Yesterday morning, Jin Yuzheng, younger sister of North Korean leader Kim Jong Un and first deputy minister of the Central Committee of the Labor Party, said that it was time for North Korea and South Korea to make a clean break. North Korea is about to take the next step.  Suggest that they will use force to achieve their goals.  North Korea is a small economy, but it plays an important role on the world stage. Its big-flowered role is flawless and interspersed between China and the United States. A lot of little tricks, beg for cheap.  However, if this bad child has a mishap, it can lead to disaster in the world, which is inevitable.  Gold prices rose last week as the U.S. stock market opened sharply, reaching a peak of 1,744 U.S. dollars per ounce. At last, it closed at $1730 per ounce on Friday, a rise after a three-week decline and a recovery from last week's losses.  After six weeks of continuous oil increases in the new york period, the cable was finally broken. In the past Tuesday, it was as high as $40.40 per barrel, but due to the news of the increase in crude oil stocks and the sharp drop in the global stock market due to worries about the economic prospect, it closed as low as $36.50 on Friday, down 6.7 in a week. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-12

The number of first-time jobless claims in the United States fell to 1.542 million last week from 1.897 million the previous week, slightly lower than the expected 1.55 million. The original data favorable to the stock market did not cover all bad news. A new outbreak has occurred in Texas, US. The market worries that the US will fail to restart its economy, triggering panic in the market and plunging US stocks.  The Dow Jones index fell more than 700 points when it opened. After that, it expanded its decline and lost 26,000 points, with a sharp drop of 1,907 points at most, before closing down 1,861 points at 25,128 points, a decline of about 7%. On the other hand, US Federal Reserve Chairman Powell made a speech after the interest rate meeting on Wednesday, which looked down on the prospects and pointed out that the road to recovery was still long, adding to market worries about the pace of economic recovery. In fact, in order to solve the market failure and credit freeze, the U.S. Federal Reserve not only provides liquidity for high-quality enterprises, but also benefits the junk bond market. Under the effect of increased liquidity, the stock market has outperformed the real economic growth rate at an extremely fast speed. The U.S. stock market fell sharply this time, hoping to eliminate speculative risks and achieve higher and more sustained growth in the future.  Investors should also learn to strengthen discipline and strike a balance between objectives, capital and risks. Gold rose as the stock market opened sharply, reaching a peak of $1744 an ounce and finally closing at $1737.  The U.S. Department of Energy announced on Wednesday that local oil production fell 10 weeks last week. However, crude oil stocks increased by 5.72 million barrels to 538.1 million barrels, 100,000 barrels higher than the previous record in 17.  The recovery of oil demand is not fast enough, while the pace of supply decline is slower than demand. In addition, the global stock market fell sharply due to worries about the economic prospect, dragging down the pressure on new york oil.  Oil prices fell to 37 U.S. dollars per barrel during the new york period and fell 8.69% to 36.16 dollars on Thursday. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-11

China announced yesterday the Industrial Producer Index (PPI) and the Consumer Price Index (CPI) for May. The ex-factory price of domestic industrial producers (PPI) fell 3.7% year on year last month. The largest decline since March 2016 also exceeded market expectations.  However, CPI rose 2.4% year on year and 3.3% in April.  PPI deflation intensified and CPI inflation slowed down, reflecting the slow recovery of China's economy. Inflation pressure cannot be generated. If this trend continues, CPI will go into deflation, which is not conducive to the development of the country.  The United States also released the core consumer price index (CPI) for May last night. The data is as good as the market expected -0.1%, better than April -0.4%, which proves that the US economy has signs of improvement.  Comparing the two countries with CPI, China's growth is slowing down while that of the United States is improving but still negative. If these two sets of data are used to analyze the degree of economic recovery, it is really difficult to separate yuan from yuan.  Oil prices have changed from falling to rising. According to data from the US Energy Information Agency, US crude oil stocks unexpectedly increased by 5.7 million barrels last week, reaching a record high. Gasoline stocks increased 866,000 barrels, significantly exceeding expectations.  New york oil fell more than 2% before closing up 1.7% and finally closed at 39.6 U.S. dollars a barrel, up 66 cents. Early this morning, the U.S. Federal Reserve announced the results of the interest rate discussion and decided to maintain the target range of the federal funds interest rate at 0-0.25%, which is in line with market expectations.  The Federal Reserve also said it would keep interest rates at current levels. Until the economy has passed the test of recent events and is on track to achieve employment and inflation targets.  It is expected that the interest rate will remain at the current level until the end of 2022. The Federal Reserve has suspended the publication of economic and interest rate forecasts since March this year and resumed this morning. The economy is expected to contract by 6.5% this year, much less than the 2% growth forecast in December last year, and will grow by 5% next year. In addition to sharply lowering the GDP growth rate, the unemployment rate was also raised to 9.3% from the 3.5% expected in December.  Inflation has been adjusted from 1.9% to 0.8%. After the announcement of the interest rate discussion results, the US dollar index fell further to 96.2. Gold prices also continued to rise as the US dollar weakened, closing at a peak of US$ 1740 an ounce at US$ 1737. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-10

The International Monetary Fund (IMF) predicted earlier that there would be zero economic growth in the Asian region this year. Observing the economic and trade activities in various regions, due to the longer-than-expected closure of several regions, Asian economic forecasts will be lowered in the future.  According to the organization's observation, China performed better than other regions in the entire Asian region. The main reason is that its deadline was earliest, even though the economic performance in the first quarter was similar to the IMF's expectation. However, economic activity has shown signs of bottoming out since the second quarter and is expected to have a better pace of recovery than other regions.  The organization said that the import and export of goods and people have been reduced under the epidemic situation, and countries should strengthen cooperation in the future. We also hope that the improvement of international trade relations will help the global recovery.  Finally, it points out that Hong Kong's position as a golden ball financial center is very important not only to China but also to other parts of the world. It is hoped that Hong Kong will maintain its status as an international financial center.  U.S. stocks hit a new high as soon as possible, pushing Hong Kong stocks up 280 points to 25,057 points yesterday, a three-month high and recovering 25,000 points. It rose for 7 consecutive trading days.  A shares also reported a victory, with the Shanghai and Shenzhen indexes rising three times and four times respectively.  Although the stock market is booming, large listed companies are also languishing. Cathay Pacific, which is losing billions of dollars a month, has turned to the government for recapitalization. The Hong Kong government will spend 273 yuan through the Land Fund to assist shareholders in the implementation of the share supply plan.  The group said that capital restructuring was the only way to save the group, and unless it was supported by the government, it would have to close down. U.S. stocks developed individually and technology stocks continued to improve, driving the Nasdaq index to break the top again, breaking the 10,000 mark for the first time.  Dow Jones index and S&P 500 index fell.  In addition, investors are concerned about the Federal Reserve's interest rate meeting. The market is not expected to adjust interest rates, but is concerned about the administration's view on the current economic situation.  Gold prices also continued to climb and returned to 1700 levels as the US dollar weakened, closing at 1714 with a peak of 1721. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-09

The U.S. stock market continued last week's upturn, with the S&P 500 index performing brilliantly, recovering its lost ground from March 23 when the new virus hit a market value of 10 trillion U.S. dollars and was the fastest bear market in history. The Dow Jones Industrial Average is still 8% below its pre-crash high, but the U.S. stock market has performed better than China, which overcame the epidemic first.  China was boycotted by western countries led by Britain and America. Huawei, one of the most proud high-tech companies among the Chinese, is also unable to move forward. Huawei has launched a 5G propaganda campaign in the UK. However, British Prime Minister Johnson criticized Huawei's network as potentially involving security risks that could harm individuals. Commercial organizations and even the country suffered losses.  Bloomberg reported yesterday that the U.S. Department of Commerce announced in May that global manufacturers are prohibited from supplying semiconductors made with U.S. technology or equipment to Huawei without permission. The U.S. ban hit Huawei's heart. Huawei's own inventory of important chips designed for its own telecommunications equipment will be exhausted by early 2021. Sino-US disputes continue. Unless there is a real escalation, investors have already filtered out such noises and will not be affected.  The latest US employment and Chinese export data show that the economy is recovering from the epidemic. Hedge funds continued to flow out of the US dollar, with the US dollar index falling for eight days to 96.7.  Gold prices have rebounded and the market is concerned that the stimulus policies implemented by central banks will continue for a period of time to support gold prices. Gold closed at $1,699 an ounce.  Oil prices fell by more than 3%. OPEC and its allies earlier agreed to extend the cut-off agreement until the end of July to cope with the drop in demand caused by the epidemic. But Saudi Arabia, Kuwait and the United Arab Emirates said they did not intend to extend their voluntary reduction of 1.18 million barrels per day beyond the end of June.  New york Oil closed at $38.19, down $1.36, or 3.4%. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-08

Last week, the conflict between China and the United States remained, but it was only limited to verbal attacks and no concrete actions. It also lifted the ban on flights between the two places and eased market tensions. Violent demonstrations in the United States over the death of black Floyd by white police officers continued, but the U.S. stock market rallied last week, with the Dow Jones Industrial Average returning to 27,000, a 45% rebound from its March low. U.S. economic data performed well, showing that the new virus is gradually getting rid of its economic troubles.  Investors' risk bias increased, with gold falling for three weeks in a row. Gold prices fell sharply after Friday's non-farm employment report. It fell as low as 1,671 an ounce and closed at $1,683 an ounce, down $44, or 2.6%.  The European Central Bank has stepped up its stimulus plan to support the economy, increasing the scale of the emergency anti-epidemic debt purchase plan by 600 billion euros. To 1.35 trillion euros, up more than expected.  The market is watching this week's meeting of the Quad Reserve Board to discuss interest rates.  The US dollar index continued to fall below 97 and hovered at 96.7, a three-month low.  Under the pressure of increasing euro zone debt issuance, It is expected that the interest rate will remain unchanged and the US dollar index is still difficult to recover.  Prior to the OPEC and its allies plan, some countries failed to implement the production reduction plan, triggering a crisis of breakdown in the production reduction talks. Finally, an agreement was reached to restart the ministerial meeting last weekend to discuss the reduction policy.  News of economic recovery and relaxation of travel restrictions have led to a sharp rise in oil prices.  Oil-producing countries have been able to reduce the number of oil-producing countries. It is believed that the oil group will reach an agreement to maintain or even reduce the production reduction in one to two months.  New york oil closed at $39.50 a barrel. This morning Bloomberg even reported that Saudi Arabia has increased the price of crude oil to all regions after OPEC+ oil producers extended their historic production cut by one month.  The price of Asian crude oil will be raised to US$ 7.30 per barrel by US$ 5.60. The news is more favorable to the oil price trend. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-05

On the political front, the market returned to calm without further provocation from both China and the United States. Stock markets around the world reflected economic data yesterday.  The European Central Bank has stepped up its stimulus plan to support the economy. The scale of the emergency anti-epidemic debt purchase plan will be increased by 600 billion euros to 1.35 trillion euros, an increase higher than expected. The market is watching the Federal Reserve's interest rate meeting next week.  The dollar index continued to slide to 96.76. The number of new jobless claims in the United States last week fell to 1.877 million from less than 2 million for the first time since mid-March, but still exceeded market expectations, with stock market investors taking the lead. The Dow Jones index moved repeatedly, dropping nearly 200 points and rising 115 points before finally rising 11 points to 26,281 points, up 4 consecutive days.  Gold fell 1.5% after the day before yesterday's warehouse-washing, thanks to the weakening of the US dollar. Yesterday, the gold price rebounded and recovered half of its lost territory, reaching a high of 1722 and closing at 1713.  New york oil closed at $37.4 a barrel, up 0.1.  Investors should pay attention to the non-agricultural employment report released by the United States tonight. For detailed analysis and operation suggestions, please CLICK the following links to join the group and inquire with the administrator. https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-04

Asia's leading stock markets rallied yesterday amid growing optimism about a global economic recovery as countries around the world further lifted restrictions and boosted investor confidence, And over sino-American tensions and a crisis of violent protests across the United States. Yesterday's eurozone composite purchasing managers' index rose to 31.9 in May, up from 13.6 in April, Is a rebound from a nearly 22-year low; The final reading of the Institute for Supply Management's non-manufacturing purchasing managers' index rose to 45.4, though it was still some way from the 50 mark that separates expansion from contraction. But there have also been significant improvements. A report by human resources consultants ADP released on the same day showed that the change in non-farm payrolls fell by 2.76 million in May, significantly less than the market estimate of 9 million. The analysis suggests that unemployment may have peaked as business activity resumes. The positive data led U.S. stocks to do well, with British, French and German stocks up nearly 3% to 4% and the Dow challenging 26,000, It closed up 2% at 26,269 points. Gold was the casualty, extending losses in the US session, falling below 1690 to close at 1698. U.S. crude inventories fell by 2.077 million barrels last week, according to the U.S. Energy Information Administration, The market had expected an increase of 3.038 million barrels. But Saudi Arabia and Russia have been tough on cheating on some of their commitments to cut output, Uncertainty surrounds whether the Organisation of the Petroleum Exporting Countries and its Allies will meet as scheduled this month. Oil prices gave up some of their profits, still up 4 percent at $36.8 a barrel in New York. For detailed analysis and operation Suggestions, please CLICK below to join the group and contact the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-03

China and the United States have traded blows over the new pneumonia outbreak and the Hong Kong issue. It emerged that Chinese government officials had instructed major state-owned trading companies to suspend imports of some U.S. agricultural products. But U.S. soybean exporters sold several cargoes of soybeans to Chinese state-owned buyers, people familiar with the matter said, meaning some of the trade continues. In Beijing, the foreign ministry was asked how it would respond to the report on the suspension of us agricultural products. He said he was not aware of what the reporter said, adding that China's position on china-us economic and trade issues was consistent and clear. The chairman of the us senate finance committee is also unconvinced that China will not honour the first phase of the trade agreement between the two countries. The agreement has temporarily eased tensions. Russia is an old hand at pushing back against President trump's proposal to expand the size of the group of seven (g7) summit and try to draw Russia in to contain China. The Russian foreign ministry said its participation could not guarantee the summit's full representation, adding that Russian involvement could raise more questions than answers. Neither refuse nor accept. U.S. stocks rose amid massive demonstrations in the United States, but markets remained focused on measures to lift the embargo, restart the economy and signs of recovery, and china-u.s. relations have yet to deteriorate further. The dow closed near its highest level of the day, up 1% at 25,742. Oil prices rose to their highest level in about three months. Markets are anticipating a meeting of the organization of petroleum exporting countries and its Allies this week, Will agree to extend the output reduction agreement until July or August; In addition, economic restarts around the world are expected to lead to increased demand, which is good for oil prices. Separately, the American petroleum institute said U.S. crude inventories fell 483,000 barrels last week, compared with market estimates of a 3 million barrel increase. Futures closed at $36.81 a barrel in New York, up about 4 percent. In a sign of investor optimism, the dollar index and gold prices fell, with gold prices continuing to retreat, closing down 1 percent at $1,733 an ounce in New York For detailed analysis and recommendations, please CLICK the following link to join the group and contact the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-02

At the request of the us side, Russian President vladimir putin and US President Donald trump talked over the phone and discussed the epidemic prevention and control and the situation in the global oil market. Mr Trump has indicated he may invite the leaders of Russia, Australia, India and South Korea to the g7 summit. You know, Russia was the big brother of the Chinese communist party before it got rich, Although Russia is not as strong as it used to be, its overall strength, especially its military, cannot be underestimated. If the United States pulls Russia in as a containment ally, the smaller countries of China in eastern Europe may follow Russia's lead, China will become more isolated. The us city of New York has announced a curfew from 11pm to 5am as violent protests intensified. But it didn't affect the stock market. The dow Jones industrial average fell and then rose. The session ended up 91 points, or 0.4%, after a 288-point range, matching the s&p 500's 0.7% gain. U.S. stocks rose amid signs of recovery in the U.S. economy, with a manufacturing index rising from an 11-year low to 43.1 in May for the first time since January, adding to optimism that the economy could restart. It also counteracts fears of mass demonstrations, tensions between China and the United States, and a second wave of the epidemic. China's manufacturing purchasing managers' index, released yesterday, rose to its highest level since February. The return of the expansion level and the rebound in European manufacturing PMI from a low level in the same period led to an improvement in risk sentiment. The dollar has weakened, with optimism that the worst of the covid-19 recession may be over, The dollar index.dxy fell below 98, or 0.4%, to 97.81. Improving risk sentiment sent stocks higher, threatening to block gold's rise, which closed at $10 at 1,739. Gold continues to look good. Oil prices held steady, supported by reports that Opec and Russia are close to reaching an agreement to extend production cuts and are discussing a proposal to extend them by one to two months. In addition, the market is weighing the impact of international geopolitical tensions on future oil demand. Futures closed at $35.44 a barrel in New York. For detailed analysis and recommendations, please CLICK the following link to join the group and contact the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-06-01

US President Donald trump told a news conference on Friday that he had instructed officials to begin the process of revoking Hong Kong's special regional preferences, after the Beijing meeting voted to authorize the standing committee to enact a draft of the law. U.S. democratic presidential candidate Joe biden's top foreign policy adviser, James blinken, said earlier that if President Donald trump imposes sanctions on China over Hong Kong, biden would win the election. These sanctions will also continue to be enforced. Playing the China card has become an essential part of the presidential campaign. Earlier, the vancouver Supreme Court ruled that Ms. Meng's case met the extradition standard of "double criminality," and that the process of extraditing her from Canada to the United States would proceed. The U.S. embassy in Canada criticized the results after they were released, Canada is clearly complicit in the us's efforts to "bring down" huawei and other Chinese tech companies. U.S. President Donald trump, speaking to reporters Friday, said he would postpone the group of seven, or G7, summit, and said he would invite other countries. According to a White House official, Trump wants to talk about China. We explicitly invite more countries to encircle China. As a result of the way Hong Kong's national security law has been enacted, china-us relations have rapidly fallen to their lowest level in many years. These include the economy, science and technology, the military, institutions, even ideology, and even international public opinion. Trade is essentially a two-way exchange of needs and benefits, But China has been the workshop of the world for some time. It is the second largest economy in the world and an indispensable player in driving the world economy. China's economy has been squeezed. The American economy, and indeed the world's, is hardly immune. With the economic outlook fraught, gold will be valued as a safe haven. For detailed analysis and recommendations, please CLICK the following link to join the group and contact the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg