Investors’ Risk Aversion is Heating Up, Consolidating Gold Prices
The global stock market is at a high level, setting new highs frequently, triggering bubble sentiment, investors have flocked to gold to hedge, and huge buying orders have also promoted the upward trend of gold. The Bank of Canada announced that it will reduce the size of its asset purchase program from 4 billion Canadian dollars a week to 3 billion Canadian dollars, becoming the first developed country central bank to reduce stimulus. However, as geo-risks intensify, its impact on gold has weakened, and the European Central Bank’s interest rate decision has become the focus of the market outlook. Wait and see whether it will be on hold as expected. As of 08:22 Hong Kong time, the price of gold fell slightly by 0.03% to 1,793.10 US dollars. The U.S. 10-year Treasury bond yield fell by 0.65% to 1.5538.
Canada Keeps Interest Rates Unchanged at 0.25%
After the interest rate meeting, the Bank of Canada announced to maintain interest rates unchanged at 0.25%, in line with market expectations. But at the same time, the current plan to buy government bonds of 4 billion Canadian dollars per week will be reduced to 3 billion Canadian dollars from next Monday (26th). The central bank statement stated that as households and businesses have begun to adapt and the new round of epidemic restrictions are expected, economic growth in the first quarter is expected to be significantly stronger than previously expected.
場外式黃金/白銀交易的風險:
场外式黄金/白银交易由 Max Online 提供。 场外式黄金/白银交易涉及高度风险，未必适合所有投资者。 高度的杠杆可为阁下带来负面或正面的影响。 场外式黄金/白银并非受证券及期货事务监察委员会（「证监会」）监管，因此买卖场外式黄金/白银将不会受到证监会所颁布的规则或规例所约束，包括（但不限于）客户 款项规则。 阁下在决定买卖场外式黄金/白银之前应审慎考虑自己的投资目标、交易经验以及风险接受程度。 可能出现的情况包括蒙受部分或全部初始投资额的损失，或在极端情况下（例如相关市场跳空）产生更多的损失。 因此，阁下不应将无法承受损失的资金用于投资。 投资应知悉买卖场外式黄金/白银有关的一切风险，如有需要，请向独立财务顾问寻求意见。
场外式黄金/白银交易由 Max Online 提供。 场外式黄金/白银交易涉及高度风险，未必适合所有投资者。 高度的杠杆可为阁下带来负面或正面的影响。 场外式黄金/白银并非受证券及期货事务监察委员会（「证监会」）监管，因此买卖场外式黄金/白银将不会受到证监会所颁布的规则或规例所约束，包括（但不限于）客户 款项规则。 阁下在决定买卖场外式黄金/白银之前应审慎考虑自己的投资目标、交易经验以及风险接受程度。 可能出现的情况包括蒙受部分或全部初始投资额的损失，或在极端情况下（例如相关市场跳空）产生更多的损失。 因此，阁下不应将无法承受损失的资金用于投资。 投资应知悉买卖场外式黄金/白银有关的一切风险，如有需要，请向独立财务顾问寻求意见。
