Long sentiment permeates the whole market, the Spring Festival gift package is about to be opened
The ADR index of Hong Kong stocks rose slightly and was calculated on a proportional basis to close at 28,575 points, up 13.56 points or 0.05%. HSBC Holdings closed at HK $ 59.81, down by HK $ 0.04 compared with Hong Kong's closing; Tencent Holdings closed at HK $ 392.11, up by HK $ 2.11 over Hong Kong's closing.
With the relief of geopolitical tensions, international oil prices closed basically flat, and NYMEX crude oil futures closed down 0.03% to $ 59.59 per barrel. COMEX gold futures closed down 0.47% at 1552.8 US dollars per ounce, COMEX silver futures closed down 1.36% at 17.92 US dollars per ounce.
At the end of New York, the US dollar index rose 0.11% to 97.4349, non-US currencies were mixed, the euro rose 0.02% to 1.1107, the pound fell 0.21% to 1.3067, and the Australian dollar fell 0.12% to 0.6858. The yuan rose 0.37% to 109.52, and the offshore yuan rose 120 basis points to the dollar to 6.9248.
There was only one reason for the sharp fall on Wednesday and the sharp rise on Thursday. The analysis of the source of the news, if true, is the lack of information caused by poor English, which will affect judgment. On Wednesday, everyone's judgments deviated, causing the market to be killed by mistake. On Thursday, it was a correction of previous misjudgments. In addition to continuing the momentum on Thursday, the news released at 3 pm yesterday, the distribution of Spring Festival gift packages is getting closer and closer. This is another logic before the Spring Festival, in addition to the market ’s loose expectations. Xiaobian thinks that it is not when and when to fight at this time. As for the direction behind the gift package, it is not clear at this moment, and a new direction needs to be judged.
Hong Kong stocks will naturally continue yesterday's momentum on Friday, making a comprehensive overshoot. Investors can follow their own strategy and wait for it to take off. Recently, sales data has been released in industries including securities firms and real estate, and listed companies have also released earnings news one after another. Investors can also adjust their positions based on data from listed companies and wait for the results to be revealed during the performance period.
Recently, some conclusions about the trend of gold price can be shared with everyone, "The dollar will depreciate and inflation, but the US dollar can obtain risk-free returns by purchasing U.S. Treasury bonds. It is more attractive than gold, and the price of gold will fall. On the contrary, if the risk-free return is lower than the inflation expectation, then the price of gold will rise. "This conclusion also shows that in rare circumstances, gold will become Safe-haven assets, most of the time the price logic of gold still has to observe the level of inflation.