Weekly

May 27th

Today's amplitude range

The price of gold is still subject to $1,870, and the price of gold took an early decline in the early stage, with the lowest price of $1,840.8.

However, the data performance of the United States is worse than expected, and the GDP has shrunk. Although the number of unemployed people has performed well, the number of new jobless claims still stands at 200,000.

The U.S. dollar index fell back below 102 points, stimulating the price of gold to rise, reaching a maximum of $1,868.1.

However, European and American stock markets soared, and the risk ratio of market capital allocation finally fell by 2.4 USD.

The market has a strong wait-and-see atmosphere. Today, there are PCE price index data closely watched by the Federal Reserve to see if it can provide a clear direction.

Keep today's suggested range, that is, $1842 to $1861.

With the rebound of a new round of epidemic situation in China, Shanghai has been closed for two months, and the epidemic situation is still not completely controlled. In addition, the momentum of infection in Beijing seems to be overwhelming, and the downward pressure on the economy is gradually increasing.

The Premier of the State Council of China presided over a video conference called "Stabilizing the National Economic Market". The market expected that the mainland would introduce economic stimulus measures one after another.

However, it still failed to stabilize the performance of Hong Kong stocks. The Hang Seng Index rose first and then fell, and the transaction was sluggish, closing at 20,116 points, down 55 points or 0.27%.

Some international investment banks reported to their clients that they suggested to increase their holdings of European and emerging market stock markets, and earlier European Central Bank President Lagarde hinted that they would not raise interest rates by 0.5% at one time.

Investors' risk appetite continues to expand, and the war between Russia and Bird has been completely forgotten. The three major European stock indexes have been rising for two days, and the DAX index of Germany has risen by 1.59%.

Paris CAC index rose by 1.78%; Britain's FTSE 100 index rose 0.56%.

It was announced that the gross domestic product of the United States in the first quarter fell by 1.5% year-on-year, which was worse than the market expectation. However, the market has fallen for more than seven weeks, and investors took the opportunity to bottom out, which contributed to the recent strength of U.S. stocks.

In addition, the China Securities Regulatory Commission is still negotiating on the delisting of Chinese stocks listed in the United States, which has stimulated the sharp rise of Chinese stocks and US stocks.

New york's three major stock indexes opened higher and closed higher, with the Dow Jones index up 1.61%; . The S&P 500 index rose by 1.99%; The Nasdaq Composite Index rose 2.68%.

Yesterday, the United States released the minutes of last month's interest rate meeting of the Federal Reserve, predicting that personal consumption growth will enter the target range of the Federal Reserve next year.

This may mean that its interest rate increase policy and scale reduction will be effective, and the interest rate increase cycle that started this year may end next year;

In addition, most Fed officials supported raising interest rates by 0.5% in the next few meetings, which fulfilled market expectations,

New york's three major stock indexes rose across the board in the early session, with the Dow Jones index rising by 1.61%; . The S&P 500 index rose by 1.99%; The Nasdaq Composite Index rose 2.68%.

The gold market was still subject to $1,870 yesterday, and the gold price suffered an early decline in the early stage, with a minimum of $1,840.8.

However, the performance of American data is uneven, and the GDP has shrunk. Although the number of unemployed people has performed well,

However, the number of new jobless claims still stands at 200,000, and the U.S. dollar index has dropped below 102 points, stimulating the price of gold to rise, with a maximum of $1,868.1.

However, the European and American stock markets rose sharply, and the market capital allocation risk ratio, the gold price closed at $1,850.8, down $2.4.

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