[Market Review]
Gold and silver opened higher in the evening, and silver TD performed strongly. It once approached the 4580 mark during the session, with an increase of more than 2.4%.
As of the close, the gold TD quotation was 400.94 yuan/gram, and the silver TD quotation was 4,567 yuan/kg.
[Fundamental Events]
The Trump administration is expected to make more announcements related to the new coronavirus vaccine
Trump said that he has a good relationship with Fauci, director of the National Institute of Allergy and Infectious Diseases, and is expected to treat the new coronavirus. There will be good news soon on the measures front. At the same time, the Trump administration released a list of possible treatments for COVID-19 and is expected to make more announcements related to COVID-19 vaccines soon.
Fed Kaplan: The U.S. economy will shrink by 4.5%-5% by the end of this year
Fed Kaplan said another surge in cases may affect consumer confidence and the Fed may need to take more action. Kaplan predicts that the U.S. economy will shrink by 4.5%-5% by the end of 2020, and the U.S. unemployment rate is expected to be in the range of 9%-10% by the end of 2021. The U.S. unemployment rate is expected to be in the range of 7%-8% by the end of 2021.
[Big Fund News]
Big fund data shows that the popularity of silver big funds is 27.39%, and the main activity is moderate; among the main funds, short funds have the upper hand, with net long positions accounting for 4.98%, and net short positions increasing. The warehouse ratio is 8.96%.
[Key events and data]
20: 30 US June seasonally adjusted CPI monthly rate
This article comes from: Flush Financial Research Center, please do not reproduce without authorization.
