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Optimism sparked by further progress on the new vaccination crown has raised people’s hopes for a more stable economic recovery, and spot gold was sold during the US market on Wednesday. On Thursday (December 10) in the Asian market in the first operations, the spot gold was around $ 1838.83. After a sharp drop overnight, the gold bulls were seriously hurt! Jeffrey Sica, founder of Circle Squared Alternative Investments, said: “Some of the confusion caused by the epidemic is expected to ease as people begin distributing vaccines in some parts of the world.”
International News
★★★ 50 US States Confirm General Election Results, Biden Wins
According to CNN news on the 9th, 50 US states and the District of Columbia have confirmed the election results. Biden is reportedly expected to receive 306 electoral votes, while Trump is expected to receive 232 electoral votes. Electoral votes totaled 538, and 270 votes were required to obtain the presidency.
Regarding the next milestone for the United States general election, December 14, when the Electoral College will meet to vote for the next president and vice president of the United States.
★★★ McConnell said Democrats continue to fight aid plan
McConnell, leader of the Majority Party in the US Senate (Republican), said Democrats “abandoned” the Republican Party’s new crown aid proposal on Tuesday and continued to circle the aid package. He claimed that Democrats disagreed on setting aside state aid and liability protection, and rejected Mnuchin’s $ 916 billion proposal. On the other hand, the House of Representatives voted to pass a one-week convenience bill, which will soon be passed to the Senate.
★★★ The UK and Europe will make a decision before this weekend. The EU can speed up the approval process
British Prime Minister Johnson concluded his meeting with European Commission President Von der Lein and agreed to make a firm decision on the future of the negotiations on Sunday. A spokesman for the British prime minister previously stated that Johnson cannot accept any deal that weakens the UK’s ability to control laws or waters, and also made it clear that there will be no negotiations in 2021. However, EU diplomats said that if the UK reached a new deal before the weekend, the EU could continue to speed up the ratification process.
★★★ Poland-Hungary compromise The EU budget deadlock will be broken
Senior Polish government officials stated that Poland and Hungary have accepted Germany’s EU budget proposal and are currently awaiting approval from the Netherlands and other skeptical member states. EU diplomats revealed that Germany will hold a meeting of EU diplomatic ambassadors on Wednesday afternoon local time to discuss EU budget issues. The final EU budget deal could be reached on Thursday.
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