June 7 Market Review

The US non-farm payrolls data released last Friday was weaker than expected, easing concerns about inflation caused by economic overheating and the Fed's early policy tightening. The three major US stock indexes rose collectively, with the Dow up 0.52% and the S & P 500 up 0.88%. The NASDAQ rose 1.47%, and large technology stocks and chip stocks rose higher.

The main stock index of the Hong Kong stock market opened low, the Hang Seng Index fell 0.45%, the Hang Seng Technology Index fell 0.65%, the property management sector generally rose, the trend of new economic stocks varied, Xiaomi fell more than 4%, Tencent fell nearly 2%, and Olympian Health rose more than 14%. Greentown Services and Poly Properties rose more than 4%.

Before the US stock market, the futures index was mixed.

The US stock index rose and fell in the early days of the day, as of press time.$S & P 500 Index main Link (2106) (ESmain.US) $跌0.05%，Nasdaq 100 Index main Link (2106) (NQmain.US) $跌0.17%，$Dow Jones Index main Line (2106) (YMmain.US) $涨0.08%。

Performance of major ETF products in Hong Kong stocks

• The Hang Seng Index fell 0.45%, while the South double bearish Hang Seng Index rose 0.76%.

Large science and Internet stocks fell, and the Hang Seng Index fell 0.45%.South double bearish Hang Seng Index (07500.HK) $Up 0.76%, the turnover reached HK $254 millionSouth double bearish Hang Seng Index (07300.HK) $Up 0.36%, the turnover reached HK $8.92 millionSouth double bullish Hang Seng Index (07200.HK) $The turnover fell 0.67% to HK $115 million.

• The Hang Seng Technology Index fell 0.65%, while the South double short Hang Seng Technology rose more than 1%.
  

The trend of new economic stocks varies. Xiaomi is down more than 4%, Tencent is down nearly 2%, and the Hang Seng Technology Index is down 0.65%.$South double short Hang Seng Technology (07552.HK) $Increased by more than 1%, with a turnover of HK $40.39 millionSouthern Hang Seng Technology (03033.HK) $The turnover fell 0.68% to HK $130 million.

• The CSI 300 index is close to a flat close, and the CSI 300 index is up 0.18% when it is twice as long in the south.
  

The trend of A-share size index is divided, and the CSI 300 index is close to a flat close.The South is twice as long as Shanghai and Shenzhen 300 (07233.HK) $Up 0.18%, the turnover reached HK $4.56 millionSouth double short Shanghai and Shenzhen 300 (07333.HK) $The turnover increased by 0.08% to HK $3.17 million.

• Hong Kong stock market rose by the top 10 ETF

The top 10 gains in the Hong Kong stock market today are mainly long semiconductors and ETF of the Nasdaq.$GX China Semiconductor (03191.HK) $It rose nearly 4%, a three-month high.

Performance of major ETF products in US stocks

The US non-farm payrolls data released last Friday was weaker than expected, easing market concerns about inflation caused by economic overheating and the Fed's early policy tightening. The three major US stock indexes rose collectively, with the Dow up 0.52%, the S & P 500 up 0.88% and the Nasdaq up 1.47%.$NASDAQ triple long ETF-ProShares (TQQQ.US) $It rose by more than 5% last Friday.Triple the S & P 500ETF-ProShares (UPRO.US) $It rose nearly 3% last Friday.$ProShares UltraPro 3 times Dow 30 (UDOW.US) $It rose 1.59% last Friday.

In terms of ETF related to the listing of US stocks on the Hong Kong Stock Exchange$Huaxia Direxion double look at the 07261.HK (Donna Index) $Increased by nearly 3%, with a turnover of HK $1.39 million.$FI2 Warsaw one hundred (07522.HK) $The turnover fell by 3% to HK $5.26 million.

ETF performance of energy and precious metals

• Us oil fell after breaking through $70.

Iran and global powers will hold a fifth round of talks in Vienna on June 10, which may include Washington lifting economic sanctions on Iranian oil exports. Although the EU envoy who coordinated the negotiations has said he believes an agreement will be reached in this week's talks, other senior diplomats say they still face the most difficult decisions. Analysts expect Iran's production to increase by 500000 to 1 million barrels a day once sanctions are lifted.

$WTI crude Oil main Company (2107) (CLmain.US) $At one point in intraday trading, it broke through the US $70 mark and set a new high for another two and a half years, but now it is down 0.4%.Us crude Oil Fund (USO.US) $It rose 0.62% on Friday and fell 0.17% before trading.

• The high price of gold gave up some of its daily gains.

COMEX gold rose more than 1% last Friday and lost 0.2% today, giving up some of its gains.$Gold ETF-SPDR (GLD.US) $It rose more than 1% last Friday and fell 0.32% before trading.

Other ETF manifestations

• Last Friday, the US stock market rose by the top 10 ETF.

The top ten ETFs that rose in the US stock market on Friday were mainly long semiconductors and ETF of the Nasdaq.

• Long Brazilian stock market ETF has risen 75% in the past three months.

According to figures released on June 1st by (IBGE), Brazil's gross domestic product ((GDP)) was 2.048 trillion reais in the first quarter of 2021, an increase of 1.2% from the previous quarter. This is also the third consecutive quarter of growth of the Brazilian economy. Although the growth trend has slowed compared with the previous two quarters, GDP has returned to the level of the fourth quarter of 2019.

Analysts at (GoldmanSachsGroup) at Goldman Sachs had raised their growth forecast for Brazil, Latin America's largest economy, to 5.5 per cent from 4.6 per cent, while analysts at Bank of America (BankofAmerica) had raised their forecast to 5.2 per cent from 3.4 per cent.

$Direxion daily Brazil bullish twice as much stock (BRZU.US) $It rose nearly 4% on Friday and 75% in the past three months.