Weekly

May 31st

Today's amplitude range

The war in Russia continued, resulting in high oil and food prices. The inflation data released by Europe yesterday rose sharply. It seems that the argument of the European Central Bank's "early" interest rate hike is not a wolf, and the US dollar is relatively ahead.

The advantage is gradually being approached, and the US dollar index has recently hovered below 101.5, supporting the gold market's rise. The market is gradually digesting the negative energy of rising interest rates, and under the aftermath of inflation, it believes in the price of gold.

Will continue to fluctuate between 1840 and 1870. The suggested volatility today is $1,846 to $1,864.

The epidemic situation in the mainland is expected to improve, and the central government has promulgated measures to relax the epidemic control in Beijing and Shanghai, which will help all economic activities to return to normal. In addition, the Chinese Ministry of Finance yesterday

Hold a national conference on financial support to stabilize the economic market, encourage all provinces and cities to complete the issuance of special local bonds in June, and get them to paying enterprises before the end of August to support small and medium-sized enterprises to solve their problems. Two items

The news boosted market sentiment. Hong Kong stocks opened nearly 240 points higher, and then buying increased one after another. The Hang Seng Index finally returned to the level of 21,000 points, closing at 21,123 points, up 426 points or 2.06%.

The European Commission released the business and consumer confidence index of the euro zone in May yesterday. The data rose from 104.9 points in April to 105.0 points. Although the figure only slightly increased, it still performed better in geopolitics.

It is expected to be high enough to support venture capital.

Taking on the rising trend of Asian stock markets, the three major European stock indexes rose across the board, and the German DAX index rose by 0.79%; Paris CAC index rose by 0.72%; Britain's FTSE 100 index rose 0.22%. The US stock market was off yesterday.

The market is closed. It is expected that the Federal Reserve will successfully control inflation in the market, and the US dollar index has recently dropped at a high level. In addition, the inflation data released by Europe yesterday showed that the inflation rate in Spain increased to 8.5% in May,

Germany's adjusted annual inflation rate reached 8.7% this month. This high inflation level finalized the argument that European Central Bank Lagarde mentioned the possibility of raising interest rates "early" last week, and the US dollar index hit

101.3 points, supporting the rise of gold price. The lowest price of gold is $1,847.8, the highest price is $1,864.1, and finally it closed at $1,855.1, up $1.9.

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