Weekly

Small non-agricultural accident

2022-06-03

 

June 3rd

Today's amplitude range

The market pays attention to the non-agricultural data. In May, the number of non-agricultural employment in the United States changed unexpectedly, with only 128,000 new jobs, far below the market expectation of 300,000.

The data made the price of gold once rise above $1,870, and the price of gold is strong. As long as it can really rise above $1,878, it can catch up with last month's high of $1,892. The suggested volatility today is $1,866 to $1,880.

The Census and Statistics Department announced that the port cargo throughput in the first quarter of this year decreased by 13.8% year-on-year. The reason for the low data was the shortage of supply chain caused by the global outbreak of Covid-19, and the recent figures could not reflect the reality.

However, the throughput of container handling in Hong Kong will be gradually eroded by the mainland, and the result is inevitable! With the advantages of the mainland in geography and manpower, the main reason is that Hong Kong used to be a transit port, and the specific preferential tax enjoyed by goods exported to the United States was cancelled by the United States last year after the second reunification of Hong Kong.

Hong Kong stocks escaped the "Five Poor Months" and rose by 325 points throughout May. However, in the first two trading days of the "Six Poor Months", the Hang Seng Index fell another 1% or 212 points yesterday to close at 21,082 points.

The recent performance of Hong Kong stocks completely follows the trend of U.S. stocks, which rose sharply last night. The Hang Seng Index should rebound today.

Affected by the war between Russia and Ukraine, the global prices of food and energy have soared, and the inflation in Europe has risen above 8%, peaking for the fifth consecutive month.

Some media reported that Saudi Arabia, one of the oil group countries, was considering the request of the United States and agreed to increase the daily oil production to offset the gap caused by the embargo of Russian oil.

If this news is true, it will help to stop the violence of international oil prices. On the other hand, the news that the European Central Bank raised interest rates in advance to suppress inflation has gradually been digested, and the German DAX index rose by 1.01; Paris CAC index rose by 1.27%; The UK is closed for holidays.

Investors pay attention to the labor data of the United States. The data of small and non-rural areas are far worse than expected. The Dow Jones index once fell by nearly 300 points, but the US Federal Reserve Meister came out to reassure them that they are tightening monetary policy to control prices.

The work of the Federal Reserve has reduced the number of job vacancies, and it is quite certain that the unemployment rate will not have much impact. Finally, the three major Wall Street stock indexes rebounded strongly across the board, and the Dow Jones index rose by 1.33%; .

The S&P 500 index rose by 1.85%; The Nasdaq Composite Index rose 2.69%.

The market pays attention to the non-agricultural data. After the market opened yesterday, the lowest price of gold was only lowered by about $2, and the lowest price was only $1,844.2.

By the time the United States announced the change of non-agricultural employment in the United States last month, the number was unexpectedly low, with only 128,000 new jobs created, far below the market expectation of 300,000.

The data made the price of gold soar, once rising above $1,870, the highest price was $1,870.5, and the highest price was $ 1,870.5.

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