Weekly

April 29th

Today's volatility range:

The recession of the U.S. economy has provided room for the bulls in the gold market to rise, while the market is still concerned about the attitude of the Federal Reserve to raise interest rates next week. Today, the gold market may only fluctuate in a narrow range. The suggested volatility today is $1,885 to $1,902.

China Securities Depository and Clearing Co., Ltd. announced the reduction of the transfer fees of stock trading from 0.02% of the transaction amount to 0.01%. The agency said that this fee reduction can further reduce the cost of investors, stimulate the vitality of the market, and increase the risk to entities

The strength of economic support. Yesterday, the futures index was settled, and the Hong Kong stocks were repeatedly made. Hong Kong stocks opened 170 points higher yesterday. President Xi Jinping presided over a meeting of the Central Committee of Finance and Economics recently, emphasizing that infrastructure is an important support for the economy.

It is necessary to strengthen infrastructure construction in an all-round way, including network infrastructure construction such as transportation, energy, water conservancy, etc., and stimulate the completion of shares in several sectors. The Hang Seng Index closed at 20,276 points, up 329 points or 1.7%. a surname; short for Europe; lucky

Many enterprises in Europe announced their results yesterday. Strong revenue temporarily overcame the negative sentiment of the Russian-Ukrainian war, driving the three major European stock markets to rise by more than 1% across the board, and the German DAX index rose by 1.35%; Paris CAC index rose 0.98

%； Britain's FTSE 100 index rose by 1.13%.

The U.S. Department of Commerce said that the U.S. gross domestic product fell by 1.4% in the first quarter of this year due to the worsening epidemic that hit economic activities and the significant expansion of the trade deficit. Although the U.S. economy has experienced the COVID-19 epidemic since 2020

It has shrunk again in recent years, but the new york stock market was still popular yesterday. Yuan Xuanzhou, the parent company of Facebook, announced that the performance in the first quarter of this year was better than the market expectation, with its revenue reaching 27.9 billion USD. In addition, the number of Facebook users lost from last quarter.

1,000,000 yuan, which has increased by 2.4 million yuan this quarter, greatly stimulating the stock price to rise by nearly 18%. The overall atmosphere of the price market has improved, and the Dow Jones index has risen by 1.84%; The S&P 500 index rose 2.48%; Nasdaq index rose 3.06

%。

The U.S. Department of Commerce announced that the gross domestic product unexpectedly dropped by 1.4% in the first quarter, emphasizing that the economy reversed the trend of the best performance of the American economy since 1984. Officials from the Ministry of Commerce explained that since the first three months of 2022, many

Negative factors have affected the growth of local economy. Including the rising number of infections, which hindered economic activities, while inflation soared to the highest level since the early 1980s and the Russian-Ukrainian conflict also led to economic stagnation. American economy

Faced with retrogression, it provided room for the bulls in the gold market to rise. The lowest price of gold was $1,872.2, the highest price was $1,896.8, and finally it closed at $1,894.5, up by $8.7.

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