Home / Metal News / Precious Metals / Salmonella outbreaks have occurred in 23 states in the United States. The rising trend of gold and silver is like a rainbow egg leading a rise in agricultural products. "broken money chicken" has become a "combat chicken"?
Salmonella outbreaks have occurred in 23 states in the United States. The rising trend of gold and silver is like a rainbow egg leading a rise in agricultural products. "broken money chicken" has become a "combat chicken"?
Jul 27,2020 08:09CST
translation
Source:Futures daily
The content below was translated by Tencent automatically for reference.

SMM: real-time statistics from the Worldometer website show that as of 06:30 on July 27, there were a total of 16380401 confirmed cases and 651198 deaths in the world, with more than 10,000 confirmed cases in 79 countries. Among them, the United States confirmed a total of 4365410 COVID-19 cases, a total of 149772 deaths, compared with the previous day 06:30 data, the United States confirmed 49701 new cases, 374 new deaths.

The US Centers for Disease Control and Prevention ((CDC)) is investigating salmonella outbreaks in 23 states, Capitol Hill reported on the 25th. Hundreds of people have been infected and there have been no deaths. The specific source of salmonella strains is not clear.

According to the Liaoning Provincial Health Commission, as of 24:00 on July 25, 28 confirmed cases had been treated in hospitals in the province, and 39 asymptomatic infections had been isolated and treated in designated hospitals. The epidemic chain of Dalian has expanded to three northeastern provinces and seven cities in Fujian, including Dalian and Anshan in Liaoning Province, Changchun and Siping in Jilin Province, Hegang and Hailun in Heilongjiang Province, and Fuzhou in Fujian Province.

On the morning of July 26th, the Dalian Municipal headquarters for overall Promotion of COVID-19 epidemic Prevention and Control and Economic and Social Development issued a Circular on comprehensively carrying out novel coronavirus Nucleic Acid testing, announcing that in accordance with the principle of "overall planning at the municipal level, highlighting key points, and implementing it in batches, safe and orderly", the Dalian Municipal Health and Health Commission will coordinate and dispatch city-wide testing institutions to conduct nucleic acid testing on the streets.

On Sunday, according to foreign media reports, a civil judge of a district court in Gurugram, the satellite city of New Delhi, issued a subpoena to Alibaba and Jack Ma, as well as more than a dozen individuals or companies, requiring them to appear in court or through lawyers on July 29th. Alibaba responded to complaints from former Indian employees that UC has been firmly committed to serving the Indian market and protecting the welfare of local employees and that its policies are in line with local laws. Since the matter is still on trial, no further comment can be made on this issue. Another person close to Alibaba revealed that Ma Yun has not yet received a subpoena.

A total of more than 16.38 million cases have been confirmed worldwide.

Real-time statistics from the Worldometer website show that as of 06:30 on July 27, there were a total of 16380401 confirmed cases and 651198 deaths in the world, with more than 10,000 confirmed cases in 79 countries. Among them, the United States confirmed a total of 4365410 COVID-19 cases, a total of 149772 deaths, compared with the previous day 06:30 data, the United States confirmed 49701 new cases, 374 new deaths.

More than 150 US medical experts recently issued an open letter calling on US policy makers to set priorities, immediately stop restarting the economy, and tell the public the truth about novel coronavirus. Do not try to open up gradually until the epidemic is controlled at a certain level and is capable of effective detection and close contact tracking.

According to the public letter, during the implementation of the "Home order" by the American people in March, the US government did not seize the opportunity to control the development of the epidemic in time, and then restarted the economy too quickly. The public letter called on US policy makers to set priorities and listen to experts, saying that "the best thing for the United States is not to restart the economy as soon as possible, but to save as many lives as possible."

Experts appeal that non-essential business operations should be suspended and restaurants only provide takeout; people should stay at home as far as possible except for buying food and seeking medical treatment; and face masks should be mandatory in all public places where they interact with others indoors and outdoors. "if these measures are not taken, the consequence will be infection and death on a larger scale."

Salmonella outbreaks in 23 states of the United States

The US Centers for Disease Control and Prevention ((CDC)) is investigating salmonella outbreaks in 23 states, Capitol Hill reported on the 25th. Hundreds of people have been infected and there have been no deaths. The specific source of salmonella strains is not clear.

Since last Tuesday, there have been 87 new cases of salmonella in the United States, with eight new affected states, affecting 23 states, according to data reported by federal agencies. As of the 23rd, a total of 212 people had been infected with the salmonella virus, of which 38 were from eight new states: Arizona, Florida, Idaho, Maine, North Dakota, Nebraska, South Dakota and Virginia.

The exact source of the salmonella strain is unclear, the agency said, and there is no requirement to ban specific goods or contact any specific retailers that may be contaminated. The infected person reported the disease between 19 June and 11 July. Oregon has the largest number of salmonella cases, with 51 cases, and Utah has 40 reported cases. Thirty-one patients were hospitalized with infection and no deaths were reported.

The CDC says symptoms of salmonella infection include abdominal pain, diarrhea and fever, and the likelihood of death is low. People with weak immune systems, children under the age of 5 and adults over the age of 65 are more likely to develop serious illnesses, and salmonella symptoms may take two to four weeks to develop. U. S. public health officials are communicating with patients to investigate the cause of the recent outbreak.

The epidemic chain of Dalian has been extended to 4 provinces and 7 cities.

According to the Liaoning Provincial Health Commission, as of 24:00 on July 25, 28 confirmed cases had been treated in hospitals in the province, and 39 asymptomatic infections had been isolated and treated in designated hospitals.

The epidemic chain of Dalian has expanded to three northeastern provinces and seven cities in Fujian, including Dalian and Anshan in Liaoning Province, Changchun and Siping in Jilin Province, Hegang and Hailun in Heilongjiang Province, and Fuzhou in Fujian Province.

At about 23: 00 on July 25, Dalian issued a notice to adjust the risk level of the epidemic, delineating one high-risk area and four medium-risk areas. Dalian Bay Street in Ganjingzi District is designated as a high-risk area. Xianglujiao Street Workers' Village Community in Xigang District, Shengbin Community in Zhanqian Street in Jinpu New District, Yangjia Village in Zhanqian Street in Jinpu New District, and Taoyuan Community in Jinpu New District are designated as medium-risk areas.

On the morning of July 26th, the Dalian Municipal headquarters for overall Promotion of COVID-19 epidemic Prevention and Control and Economic and Social Development issued a Circular on comprehensively carrying out novel coronavirus Nucleic Acid testing, announcing that in accordance with the principle of "overall planning at the municipal level, highlighting key points, and implementing it in batches, safe and orderly", the Dalian Municipal Health and Health Commission will coordinate and dispatch city-wide testing institutions to conduct nucleic acid testing on the streets.

This time, nucleic acid testing will highlight the key points, giving priority to checking residents who once had epidemic areas, old areas and densely populated areas, and tested in batches.

The notice said that the cost of the nucleic acid test will be borne by the government. It is hoped that the general public will dispel their worries, listen to the unified arrangements of the streets and communities, take the initiative to accept sampling and screening, and queue up in an orderly manner to participate in testing, so that no one should be missed.

The United States explodes an amazing new conspiracy theory: novel coronavirus was made and shipped to Wuhan by Fauci.

Foreign media revealed that a local media in the United States recently produced a program involving inciting COVID-19 's "conspiracy theory."

According to foreign media reports, this absurd program unexpectedly claimed that novel coronavirus was made in the United States by Anthony Fauci, the top infectious expert in the United States, and then shipped to Wuhan, which led to the outbreak of the epidemic.

In the program, a "scientist" named Judy Mikowitz said that Fauci "created" novel coronavirus and sent the original virus strain to Wuhan, China. Mikowitz, a former scientist, broke his trust because of academic fraud and misconduct. However, she insisted on not admitting that she was wrong, and because her research was recognized and touted by "anti-vaccine" conspiracy theorists, she joined this group of "pseudoscience" people and became an "anti-vaccine molecule."

She also appeared in a documentary called "Plandemic" a few months ago, in which she made a number of appalling charges in a film that hyped novel coronavirus's conspiracy theories about the epidemic, such as claiming that novel coronavirus was made in a laboratory, involving the conspiracy of Microsoft founder Bill Gates and others, and that masks can "activate" the virus and make people sick.

At present, the local media has decided to withdraw the program and will release it after adding the views of other experts.

The Indian District Court issued a subpoena to Jack Ma, Ali's latest response!

On Sunday, according to foreign media reports, a civil judge of a district court in Gurugram, the satellite city of New Delhi, issued a subpoena to Alibaba and Jack Ma, as well as more than a dozen individuals or companies, requiring them to appear in court or through lawyers on July 29th. The reason is that an Indian employee who once worked for Alibaba's UC browser sued that he had been fired for opposing "censorship" and "fake news" content in the company's apps.

Alibaba responded to complaints from former Indian employees that UC has been firmly committed to serving the Indian market and protecting the welfare of local employees and that its policies are in line with local laws. Since the matter is still on trial, no further comment can be made on this issue. Another person close to Alibaba revealed that Ma Yun has not yet received a subpoena.

At the same time, a number of Wechat India users revealed that when using, they are constantly forced to log out, and they are unable to log in again, and they will still be logged out when using VPN. The affected Wechat users are registered with Indian local numbers, while those registered with Chinese mobile phone numbers can still be used normally.

The precious metals are going up quickly.

A reporter from the Futures Daily combed and found that gold in the outer market rose five times in a row last week, and the spot gold price in London quickly broke through the $1900 / oz mark, a weekly increase of 4.99%. At the same time, silver also rose rapidly, with the spot silver in London surpassing 23 US dollars / ounce, with a weekly increase of 17.78%, the biggest weekly increase in nearly a decade. At the same time, the ratio of gold to silver decreased rapidly, reaching as low as 81.25.

Zhan Dapeng, a senior analyst at Everbright Futures Precious Metals, told reporters that the medium-term logic of gold's rise has not changed much, that it will take a long time for the US economy to repair, and inflation expectations will remain negative for a long time before interest rate expectations pick up. The logic is similar to that after 2009. At this time, the Fed's extremely loose monetary policy has become a supporting factor for sustainability, of course, it is not directly related to the Fed's QE purchases, but the purchase behavior forms the support, giving gold room to play its imagination. In addition, the rise in gold will strengthen the market's enthusiasm for its allocation, attracting sustained capital inflows, which can be seen from the continued increase of gold ETF positions.

"from the perspective of short-term factors, first, tension in Sino-US relations triggered risk aversion in financial markets, and second, the recent rapid and continuous weakness of the US dollar provided a reason for gold to be long. Gold showed a rapid upward trend again after a brief consolidation in early July, which is more appropriate in terms of time." Zhan Dapeng said.

He said that the market believes that gold has entered a bull market and that a rapid correction in gold is the point of bargain buying before breaking the gold long effect. Here, do not easily predict the end of the gold bull market, even if it is nearing the end. Short-term gold is still likely to rise, and to test the all-time high of 1921 US dollars / oz of spot gold in London, investors can pay attention to the performance of gold at historical highs, and if it can break through quickly, gold may still keep hitting new highs; if the performance is hesitant at the high position, gold is likely to rise and fall, enter the high consolidation situation, and accumulate strength for the next move higher.

In Zhan Dapeng's view, the recent performance of silver is better than gold, not entirely out of fundamental factors, but more because of the promotion of funds, which can be seen from the recent rapid increase of positions in Silver ETF. The reason is that the ratio of gold to silver itself has a downward demand for repair, and the second is that silver moves with gold. When gold confirms the rising trend of the bull market, silver is expected to rise very strongly.

Eggs lead the rise of agricultural products

Last week, the performance of agricultural products, eggs led the rise, the main contract rose 7.14%, beans led the decline, a decline of 3.69%. In addition, oil and oil, corn, starch and other varieties have increased in varying degrees, while sugar, apple, red jujube and other varieties have declined collectively.

The reporter found that last week, the trend of eggs stunned the market, the national egg spot has opened a rising model, before the "broken money chicken" has also become a "battle chicken."

"from the point of view of supply, February and March is the cut-off period for laying hens, and the current time node coincides with the gap period of egg supply, the impact of superimposed floods on southern hens, and the decline in the production of laying hens after ambushing. The impact of supply outages can only be alleviated gradually after August. From the price point of view, the current round of egg prices have made a slow transition from a sharp rise to steady progress. From the point of view of the sales area, the rise in egg prices has stimulated traders' psychology of hoarding, so terminal consumption is still slowly recovering. It is expected that the contract will remain volatile in August and September. " South China Futures Agricultural products Senior analyst told reporters.

What is the impact of Sino-US relations on the agricultural market? The US government has been constantly provocative, and Sino-US relations have become tense. At present, China still abides by the first stage trade agreement to purchase US agricultural products, but the second phase of negotiations originally planned has not begun. If the US side fails to get lost in time and pull back on the brink of a precipice, there are also doubts as to whether the first phase of the agreement can continue to be implemented.

"as far as agricultural products are concerned, legume varieties are the ones most affected. Since 2018, China has purchased large quantities of South American soybeans for two consecutive years. In addition, the outbreak of classical swine fever in Africa has objectively reduced the domestic demand for soybean meal. However, with the recovery of pig production capacity and the high production and marketing of poultry feed, the demand for soybean meal in China has obviously recovered in the first half of this year. In the second half of the year, feed demand will continue to increase seasonally, but it just happens to enter the supply period of American beans in September. If the purchase of American beans is affected at that time, the supply of South American goods will basically dry up, and there may be problems with the domestic supply of soybean meal. " Sun Chao, a senior analyst of German futures agricultural products, said.

Sun Chao believes that the market also has certain expectations for imports of corn, sorghum, DDGS and alcohol from the United States. At a time of high domestic corn prices, increased uncertainty over imports of US agricultural products will also further fuel domestic bullish sentiment. If the country has the idea of putting in wheat and rice, now is a good time to digest old grain stocks.

The reporter found that in the oil plate, rapeseed oil gave up the increase at a high level, and palm oil began to take over the "leading rod". Domestic palm oil prices continued to rise last week, mainly due to three factors: first, supply concerns caused by heavy rains in Indonesia and Malaysia, the main producing countries, pushed horse palm oil prices higher; second, tensions between China and the United States further escalated, and the market was worried that imports of American beans would be blocked in the later period; third, the current increase in soybean oil stocks was small, vegetable oil stocks were at a low level, and palm oil stocks were not high, and palm oil stocks were expected to continue to lead the oil sector in the future.

According to the senior analyst of South China Futures Agricultural products, Douyi gave up the rising trend sharply last week, mainly because last week's intensive auctions put pressure on market prices, and falling prices and failed auctions had a panic impact on traders in producing areas. Traders participating in the early auction have chosen to lower the quotations of national reserve beans that were auctioned in the early stage, coupled with the fact that they are still in the off-season of market demand at the present stage, high temperature weather and bean processing shutdown and maintenance. This means that the game in the later stage of the market will also be further intensified. At present, according to the announcement issued by the Grain Storage and the National Grain and Oil Information Center, this week is still the rhythm of Sanpai, the intensive supply of domestic aged beans and imported soybeans, the price pressure is self-evident, and it is expected that there is still room for downward price in the future. however, there is a large decline in the early stage, and the bottom space is expected to be limited in the later period, and the bottom consolidation situation will be maintained in the short term. On the whole, the overall trend of agricultural products is expected to maintain a strong trend next week, while the uncertainty of international politics will still bring some support to soybean meal, soybean II and other varieties.

With regard to the outlook for the trend of the agricultural product market this week, Sun Chao believes that there are many uncertain factors this year, market sentiment is always in a state of tension, Sino-US relations have deteriorated, and it is expected that there will be too much impact on the market. Spot corn continued to rise over the weekend, and futures are expected to remain strong this week. If there is no announcement of alternative grains, the auction premium is expected to rise on Thursday, which will continue to push up the market. Soybean meal is most directly affected by Sino-US relations, and may take this opportunity to effectively break through the pressure level of 3000 yuan / ton. Of course, it also depends on the performance of beautiful beans at the position of 900cents / bushel. In terms of oil, although the three varieties have begun to adjust after a sharp rise, the early profitable factors are still there, and the room for pullback is not expected to be very large.

Oil prices rise and fall

Last week, oil prices rose first and then fell, and oil prices fell again after a brief breakthrough. The main contract of WTI crude oil futures closed up 1.4% at US $41.34 per barrel, while Brent crude oil futures closed up 0.74% to US $43.42 per barrel. The decline of US stocks is a drag on crude oil to a certain extent, and the transmission of macro sentiment is still the main factor affecting the price.

Zhong Meiyan, director of energy and chemical industry at Everbright Futures, told reporters that the overall fundamentals were weak, and crude oil stocks exceeded expectations. As of the week of July 17, EIA crude oil stocks increased by 4.892 million barrels, the market is expected to decline by 589000 barrels, and the implied demand for crude oil decreased by 1.3 million barrels per day. In addition, US crude oil production rose to 11.1 million barrels per day, increasing supply-side pressure. From the supply side, the export of crude oil from Iraq, the second largest oil producer of OPEC, has increased since July, indicating that Iraq has not fully fulfilled its commitments in the OPEC+ production reduction agreement. In the first 20 days of July, southern Iraq exported an average of 2.7 million barrels of crude oil a day, which was the same as the official export figures for June. What is certain is that the margin of OPEC+ production reduction has been weakened.

"in addition, the impact of the epidemic has two dimensions: first, the vaccine research and development process, if faster than expected, will benefit risky asset prices; second, the impact of the epidemic on macro policy, liquidity is loose, asset prices are boosted. Therefore, the fundamentals are at odds with the macro, and the oil price shows a weak oscillation. " Zhong Meiyan said.

According to foreign media reports, Schlumberger (Schlumberger), the world's largest oil field services company, announced on the 24th that it will lay off 21000 people and pay more than $1 billion in severance pay. Schlumberger's second-quarter results released on the same day showed that the company's revenue fell by about 1/3 and its loss reached 3.43 billion US dollars. The company expects severance payments for most former employees to be paid in the second half of this year. The global economic slowdown has put pressure on the energy industry, with more than 200 oil producers filing for bankruptcy protection in the past five years, while the COVID-19 epidemic has intensified industry consolidation, the report said. So far this year, the price of crude oil is down 33% and the price of natural gas is down 17%.

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