The European Championship is here,aA stock decline? In the past, every major competition was bound to fall. What will happen this time?

Let's take a look at what happened outside during the Dragon Boat Festival holiday. In addition to the European Championship that everyone is concerned about, another one is the UK's withdrawal from Europe. The latest public opinion survey shows that the withdrawal from Europe is ahead of staying in Europe10One percentage point, the pound fell sharply at the opening of Monday, and the stock markets in Europe, America, and Japan both fell sharply. Many people don't care, leaving Europe is big for usAStocks have little impact, this is a misconception. In the era of globalization, everything is closely related. Also, yesterday's terrorist attack on the United States. The first thing we associate with is the global wave of risk aversion, and the first benefit isgold. Opening today, it has already risen to1280dollar/Around ounces. Printing money, hedging, and in the short term, gold is undoubtedly the most popular sector variety.
AAfter experiencing a circular bottom in May, the stock has now begun to build a circular top, which has been ongoing since June2900Narrow fluctuations, unable to rise or fall. Major shareholders are taking advantage of this rebound opportunity to reduce their holdings, reduce their holdings, and then further reduce their holdings. There is no doubt that there is less room for further growth. On the other hand, the economy has not yet improved, and the soaring land and property prices in first and second tier cities have reminded us of2007In the year, the siphon effect of the real estate market not only sucked away the destocking funds in third - and fourth tier cities, but also the funds flowing into the stock market. The rapid expansion of credit is a bad signal, although in MaycpiThere has been a slight decline, but the difficulties in the real estate market are also facing us. Our view on the future market is that there is not much room for short-term economic transformation. As the leader of theme stock speculation, secondary new stocks have shown signs of peaking. Apart from the gold sector mentioned earlier, we suggest looking more and moving less.
As the mountains and rain approach and the wind fills the buildings, gold, as the preferred safe haven, has already reflected the emotional reality of the global market. Before July arrives, let's hold our breath and watch the big show unfold.