Weekly

May 11th

Today's volatility range:

The fall in international crude oil prices has weakened the upward trend of inflation. Although the proposal of Fed officials to raise interest rates by 50 points in June is gradually becoming clear, hawks in the Fed still support the 0.75% rate increase.

Under the expectation of raising interest rates, the US dollar continues to be sought after, and the US dollar index is getting closer and closer to the 104-point mark. It is inevitable that the gold market will be under pressure, but I believe the gold price will find support around 1830 US dollars. Today, the suggested volatility is 1827.

To $1,850.

Hong Kong stocks returning from the holiday are doomed. The Hang Seng Index has dropped by more than 800 points at most. The next night, US stocks fell by more than 2%, and the US Securities Regulatory Commission listed a number of Chinese stocks on the "scheduled delisting list", including Hong Kong.

The well-known Didi Chuxing and lufax, etc ... The Hang Seng Index opened lower by more than 700 points, and the Hang Seng Science and Technology Index even oversold by 3%. With the technology stocks leading the decline, Hong Kong stocks fell by 823 points at most. In the afternoon, China's political supervisor was sent to the mainland.

Study on relaxing the policy to attract more foreign investment into the Chinese market. Before the market closed, the decline of Hang Seng Index narrowed, and finally closed at 19,633 points, down 368 points or 1.84%. Germany announced the economic index yesterday, although the data

It's still negative, but unexpectedly better than the market expectation, and it's even higher than last month's. It seems that although the European economic outlook is still subject to the war between Russia and Ukraine and the increasingly severe inflation problem in recent days, the enterprises are facing the future.

Tu is not overly pessimistic. Yesterday, the European stock market finally ushered in a rebound after falling for several days. The international oil price fell by more than 10% for two consecutive days, which eased the operating costs of enterprises. The three major European stock markets rose across the board.

German DAX index rose by 1.17%; Paris CAC index is 0.51 L%; Britain's FTSE 100 index rose 0.59%.

Yesterday, several officials of the Federal Reserve made speeches. When asked about the stock market crash, Williams of the Federal Reserve said that the financial environment had not overreacted, and agreed with Powell that it should be discussed in the future.

The direction of raising interest rate by 50 points. Baldin, Williams' sister-in-law, also confirmed that the interest rate hike of 0.5% will be discussed in the next agenda. But the Fed seems that the eagle and the dove are fighting each other, and Cleveland's central bank governor Metz

He said that inflation is too high. If inflation does not ease in the second half, the Federal Reserve will have to speed up the fight against inflation, and think that it has to consider raising interest rates above the neutral interest rate. He reiterated that the Federal Reserve will never rule it out.

The possibility of raising interest rates by 0.75%.

Waller, another Fed governor, said, for example, if the supply chain solution can alleviate inflation, it would be ideal, but it means that the opportunities are too small to be counted on. Reiterate that it is time to raise interest rates, and think that

Higher interest rates will not lead to higher unemployment. The speeches of Fed officials once caused the market to fluctuate repeatedly. The three major stock indexes on Wall Street developed individually, and the Dow fell by 0.46%. The S&P 500 index rose 0.89.

%； The Nasdaq Composite Index rose 1.2%. The decline in international crude oil prices has weakened the upward trend of inflation, and the hawkish in the Federal Reserve still expressed support for raising interest rates by 0.75%. Under the expectation of interest rate hike, the US dollar

Continued to be sought after, the U.S. dollar index is getting closer and closer to the 104-point mark, and the gold market will inevitably fall under pressure. The gold price once reached the highest of $1,865.5 and the lowest of $1,835.5, and finally closed at $1,838.4, down by $15.6.

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