Weekly

potential threat

2022-05-17

May 17th

Today's volatility range:

Finland and Sweden respectively announced that they would apply to join NATO, while Russia warned that it would retaliate. Affected by the geopolitical development in Eastern Europe, market risk aversion has warmed up again, plus

Last month, the manufacturing data of China and the United States also showed negative numbers, which cast a shadow over the economic outlook and eased the expectation of the Federal Reserve to raise interest rates. The gold market was able to rebound when it fell below $1,800 twice, and it seems to be looking for it in this position.

Yes, but it's still subject to $1854. It's necessary to break to reverse the recent decline. The suggested volatility today is $1810 to $1838.

Affected by the epidemic, China's economic data was inferior last month, with a negative growth of industrial production of nearly 3%, far lower than the market's expectation of a positive 0.4%, and the unemployment rate in the mainland has increased; Hong Kong stocks perform repeatedly throughout the day, pointing to health.

The index took on Friday's uptrend and opened more than 230 points higher. However, the mainland's economic data did not perform well. Hong Kong stocks turned down, and once fell by 130 points. At the close, it rose by 51 points or 0.26% to close at 19,950 points, 20,000.

Gain and lose. The market is paying close attention to the geopolitical development of this Eastern European region, and Finland and Sweden have respectively announced that they will apply to join NATO. Finland is close to the north of Russia, and has a total of 1,300 kilometers.

The border country is only 170 kilometers away from St. Petersburg, the second largest city in Russia. Finland's application to join NATO this time is like a replica of Ukraine for Russia.

Potential threat, Russia warned that if Finland joined NATO, Russia would take "retaliatory measures".

Affected by geopolitics, the three major European stock markets were mixed, and the German DAX index fell by 0.45%; Paris CAC index fell by 0.23%; Britain's FTSE 100 index rose 0.65%. China's economic data last month due to epidemic

The situation is expanding and its performance is eclipsed. Investors are worried that the world's second largest economy will fall into recession, which will drag down the global economic outlook. The stock markets in Europe and Asia generally fell, and the opening of US stocks also took advantage of the situation. In addition, the United States was released last night.

The manufacturing data also unexpectedly fell sharply. The manufacturing index of the new york Federal Reserve recorded a negative 11.6% growth, which was much lower than the market's expected growth of 17%. Finally, the three major Wall Street stock indexes developed separately, the Dow Jones index

0.08% slightly; . The S&P 500 index fell 0.34%; The Nasdaq Composite Index fell 1.2%.

The gold market fell first and then rose yesterday. Following the decline on Friday, the price of gold once again fell below $1,800, reaching a low of $1,786.8. However, Finland and Sweden respectively announced that they would apply to join NATO, while Russia warned.

Sue, will take revenge, market risk aversion rose again, the price of gold in the European market time to recover lost ground, China and the United States last month manufacturing data also appeared negative, cast a shadow over the economic prospects, the United States 10 years

The yield of government bonds once fell below 2.9%, the US dollar index retreated from a high level to around 104 points, and the gold price rose to the highest level of US$ 1,827, which narrowed at the close, closing at US$ 1,824.6, up by US$ 13.1.

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