The Nest wheel viewpoint: Gold price facilitates SPDR gold ETF to pay attention to its warrant

Source: Internet
Author: User
Keywords Gold Hang Seng index subscription card
June 29, 2009, the Hang Seng index trend lacks direction, the whole day amplitude is only 235 points. The market is very light, reflecting the city's rise to 18,600 points of the level of good and favoured.  As of closing, the index closed at 18,529 points, down 0.39%, and the big market shrank to HK $50 billion. In the U.S., the rise in oil prices, energy, industry and raw materials led to higher U.S. stocks, the Dow rose 1.08%, and the index and S & P 500 rose 0.32% and 0.91% respectively. ADR rose across the line, with Chinese oil stocks performing best. Stocks are set to follow the peripheral stock market sharply higher today.  In addition, today is the fund half a year, large or with the help of the periphery of the positive again clip warehouse, HSI high Open after the hope of higher. The New York Gold Rally, which rebounded at $913.2/ounce in the last Tuesday, has risen nearly 30 US dollars, with overnight New York gold at $940.7/ounce and slightly down 30 cents. The recent gloomy economic outlook may provide some support, not only for the World Bank's downgrade of this year's global economic forecasts, but also for the first U.S. jobless claims rise in Thursday. Investors may wish to focus on the SPDR Gold ETFs (02840.HK), which are closely linked to gold prices, and the bearish and gold rally are helping to drive up the price of SPDR gold ETFs.  Technically, its 5th line and 10th line has formed a golden fork, the short-term is still expected to continue to rise. If you are bullish on SPDR Gold ETF, pay attention to its subscription card 16383, the exercise price 720,2009 year of December expires. The investment risk of the warrant is huge, can cause the total loss of principal.
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