Weekly

On May 6

Today's range:

Gold rose and then fell, rising nearly $1,910, on expectations that the Federal Reserve would struggle to keep its official interest rate at its stated neutral rate by the end of the year amid worsening inflation.

Us 10-year Treasury yields rose to the highest in nearly 5 years, gold prices fell again after a false breakthrough, expected in the short term between $1855 to $1890, but yesterday's shadow shadow is too long,

Today is more bearish. Today's recommended range is $1860 to $1885.

China's big brother, Russia, is facing western sanctions; British media reported that the mainland government had been inspired to fear that it might one day face sanctions on the same scale as Those imposed by Russia in late February

Through March, a comprehensive simulated stress test was conducted for a number of key sectors, including banking supervision and international trade. The allegation is groundless. Yu Wai-man, chief executive of the Monetary Authority, said in the Legislative Council recently that

It is closely monitoring the international situation with the banking sector and preparing for the event that assets are frozen or Hong Kong is excluded from SWIFT, the global settlement system. Hong Kong is an international financial capital, and there has never been anything but foreign investment

There has never been such a huge challenge for investment. Now the HKMA has such a plan, which can only be regarded as a helpless move, but it is always a good thing to be prepared. The Hong Kong Monetary Authority yesterday followed the US in raising interest rates

The Hang Seng index closed lower at 20,793, down 76 points or 0.36 percent, after Hong Kong stocks came under pressure following a hike in benchmark interest rates to 1.25 percent with immediate effect and poor mainland services data.

As expected, the Bank of England raised its benchmark interest rate for the fourth time in a row to 1%, highlighting the seriousness of Europe's inflation problem. The European Union reacted positively as Russian troops continued to bombard eastern Ukraine

Discuss a sixth round of sanctions in Russia, including a gradual ban on Imports of Russian oil, which is bound to worsen inflation because of the energy problem. Inflation worries in Europe, plus the opening bell on Wall Street

Down, Europe's three major stock markets fell, Germany's DAX index fell 0.75%; In Paris, the CAC index fell 0.43%; Britain's FTSE 100 index fell 0.17%. The Fed raised interest rates by 50 points on Wednesday, although the Fed

Powell said he was not considering raising rates 75 times at a time and indicated his intention to raise rates 50 times at each of the next two meetings, sparking an early rally of more than 3 percent.

But with the Fed's official interest rate set to exceed 2.5 percent this year amid worsening inflation, U.S. 10-year Treasury yields rose nearly 3.16 percent, the highest since 2018, and U.S. stocks opened sharply, with Wall Street closing three times lower

Broad indexes fell anywhere from 3 to 5 percent. The dow was still down 3.12%, though its losses narrowed slightly. The STANDARD & Poor's 500 index and the Nasdaq Composite index fell 3.44% and 4.99%, respectively. As the market

Gold rose as high as $1,909.8 after fed Chairman Jerome Powell made it clear that he was not "actively considering" raising rates by 75 basis points.

Us 10-year Treasury yields rose to their highest level in nearly five years and gold prices turned lower on expectations that the Federal Reserve would have trouble keeping its official interest rate at its so-called neutral rate by the end of the year amid worsening inflation.

Gold hit a low of $1,872.50 before closing down $4.30 at $1,877.2.

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