Weekly

June 14th

Today's amplitude range

The gold market broke through for two consecutive days, with both high and low volatility exceeding $50, resulting in double-killing. Before the result of the Fed's interest rate discussion this week, the probability of the market raising interest rate by 0.75% this week increased to 40%.

A steeper interest rate hike is expected to be the perfect storm to make the gold market churn. In the past two days, the price of gold will not rule out more drastic fluctuations, and the people's market should keep in mind to stop the erosion. It is suggested that today's wave be between $1808 and $1832.

China's consumer price index once again peaked, with an increase of 8.6% from the previous month, the highest level in nearly 40 years. Figures show that inflation in the United States continues to deteriorate, investors are worried about the economic slowdown, and U.S. stocks fell by more than 10% last week.

5%, the Hong Kong stock market opened following the decline, opening lower by nearly 640 points or 2.95%. In the afternoon, the offshore RMB exchange rate reflecting foreign investment in the mainland fell by more than 4% against the US dollar, which once dragged down the Hang Seng Index by 21,000 points.

Before the market closed, the decline narrowed, finally referring to the closing price of Shengsheng, which fell by 738 points or 3.4%. It closed at 21,067, and 21,000 points were recovered. The European Central Bank announced last week that it would start raising interest rates by 0.25% in July, and the President of the European Central Bank pulled

Gard also changed his previous vague policy, clearly stating that inflation continues to rise and that the European Central Bank will raise interest rates step by step, which means that the euro zone will end the era of negative interest rates that has been maintained for more than eight years.

The market is concerned about the pace of interest rate hikes by many central banks this week, and the risk market continues to see a selling tide. The three major European stock indexes all fall, and the German DAX index falls by 2.43%; Paris CAC index fell by 2.67%; hero

The FTSE 100 index fell by 1.53%. Global inflation continues to rise. Last week, the University of Michigan Consumer Confidence Index showed that long-term inflation expectations destroyed the purchasing power of the market. American media

It is reported that the Federal Reserve will not limit the interest rate increase policy mentioned in its earlier meeting in this week's interest rate meeting, that is, it will announce another interest rate increase of 50 points this month, and increase the possibility of a direct interest rate increase of 75 points.

It is an accident to raise interest rate by 1%! The three major Wall Street stock indexes plunged more than 2% for three consecutive days, and the Dow Jones index fell 2.79%; The S&P 500 index fell 3.88%; The Nasdaq Composite Index fell 4.68%.  

Market report Bank of America JPMorgan Chase reported that it is expected that the Federal Reserve will level the record of the largest interest rate hike in history, with an interest rate increase of 0.75%. This directly overthrew the Federal Reserve Chairman Powell after the last interest rate meeting

Speech, he said at the time, "ruled out the possibility of a single interest rate increase of 75 points in the future. The market also raised the probability of raising interest rate by 0.75% to 40% this week, the US dollar index rose above 105 points, and the price of US Treasury bonds was heavy.

Frustrated, the yield of US 10-year Treasury bonds rose to the highest level in more than 10 years to 3.3%; It is the highest level since 2018 and the highest level since 2011. Obviously, the price of gold is under pressure, and the high and low volatility falls close.

$60, with the highest price of $1,879.1 and the lowest price of gold of $1,819.1, and finally closed at the low price of $1,819.5, down by $52.1.

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