11/24/2020 Financial News:Gold future price fell below US$1810, hitting the lowest price point over past 3.5 months

Graph Source: https://www.investing.com/commodities/gold

1. November 23, the BBC reportd that China pushes for QR code based global travel system. Mr Xi made the comments at the G20 summit, an online meeting of heads of state from the world’s 20 largest economies, which was hosted by Saudi Arabia over the weekend. He said the codes could be used to recognise “health certificates based on nucleic acid test results”, according to a transcript published by Chinese state news agency Xinhua. But Human Rights advocates warn that the codes could be used for “broader political monitoring and exclusion”.

https://www.bbc.com/news/business-55039662

2. According to the report of One America News Network on November 23, The Chinese Communist Party (CCP) is spending millions on ad space to spread pro-China messages across the United States. The U.S. Department of Justice reported that in just the last four years, Beijing has spent nearly $19 million in an attempt to push pro-China narratives within the country.

https://www.oann.com/chinese-govt-spending-millions-on-ads-in-u-s-newspapers/

3. Reuters reported that A bipartisan group of U.S. states plans to file an antitrust lawsuit against Google as early as next month, according to two people briefed on the matter, potentially beating a more widely anticipated lawsuit from a different group of states led by Texas. The pending legal actions follow an antitrust lawsuit filed by the U.S. Justice Department against Alphabet’s Google in October.  The bipartisan group — made up of Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee, and Utah — is sometimes referred to as the Colorado/Nebraska group and has said it planned to combine its case with the federal government’s.

https://mobile.reuters.com/article/amp/idUSKBN2832VR

4. Stocks rose on Monday after AstraZeneca and the University of Oxford said their coronavirus vaccine was up to 90% effective, becoming the third inoculation this month that was revealed to be effective in trial data. The Dow hit its session high in the final hour of trading amid news that President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen for Treasury secretary. The Wall Street Journal first reported the pick. CNBC later confirmed the report through sources.

https://www.cnbc.com/2020/11/22/stock-market-futures-open-to-close-news.html

5. Investing.com wrote that Moderna Inc (NASDAQ:MRNA) may file a vaccine application next week and the CEO —Stephen Bancel sold his stake in the company by $1.74 million last week.  The price of this stock closed up 3.50% to $101.03 on Monday. Year-to-date, the stock price increased by 416%.

https://cn.investing.com/news/stock-market-news/article-1981972

By 【G-Translators-Financial Team】

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