Weekly

Bad news is good news.

2022-06-16

June 16th

Today's amplitude range

To combat inflation, the Federal Reserve announced a 75-point interest rate increase in the early hours of this morning. Although this rate hike leveled the record of the largest single rate hike in the history of the Federal Reserve, investors in the gold market had already been psychologically prepared.

There was no worse news at the moment of unveiling. The news of the interest rate hike by the Federal Reserve turned into good news, and the gold market went up. The Fed's interest rate hike is gradually digested, and the gold market will fluctuate again. Suggestions today 1821

To $1,842.

The International Institute for Management Development in Lausanne, Switzerland, released the global competitiveness ranking, and Hong Kong rose two places to the fifth place in the world, below Denmark, Switzerland, Singapore and Sweden. Among them "business"

Hong Kong still ranks first in the world in terms of industry regulations, but it has lost its long-standing champion position in terms of government efficiency, slipping to second place. Won the praise of Hong Kong's economy by famous brand organizations, coupled with mainland production.

The data and labor data were compiled at the same time, which drove the overall market to rise. The Hang Seng Index closed up by 240 points or 1.14% to 21,308 points. The European Central Bank held a special meeting yesterday to discuss how to

Solve the recent selling problem of EU government bonds;

After the meeting, the spokesman of the European Central Bank said that it would flexibly adjust the reinvestment redeemed by the emergency bond purchase plan of Covid-19 pandemic, indicating that the central bank will not tighten monetary policy with heavy hands to prevent the economic collapse.

Collapse. The three major European stock indexes have stopped falling for six consecutive days, and the German DAX index rose by 1.39%; Paris CAC index rose by 1.35%; Britain's FTSE 100 index rose by 1.16%. At 2 o'clock in the morning, Mei

The Federal Reserve announced a 75-point interest rate increase, and in its statement, it mentioned that if there was a risk that might hinder the Committee's goal of combating inflation, the Committee would adjust its monetary policy position as appropriate;

Sure enough, officials approved the result of last night's interest rate increase by 10-1 last night, and directly overturned the speech made by Federal Reserve Chairman Powell at the interest rate meeting in May. At that time, Powell said that he ruled out the failure

The possibility of a single interest rate increase of 75 points.

Powell also made a speech yesterday after the meeting, as usual, saying that the Federal Reserve is still committed to keeping inflation within the 2% range, and the scale reduction will continue as planned. He added that it is expected to raise interest rates by 75 points.

Initiatives will not become the norm, and the next meeting may raise interest rates by 50 or 75 ideas. The Federal Reserve announced 75 interest rate hikes, equalling the record of the largest rate hike in American history. As the market started two days earlier

This penetration rate hike, the market's decline in the early two days has already reflected the intention of the Federal Reserve, and the funds are speculating in the market again. The three major stock markets in new york finally rose across the board, and the Dow Jones index rose by 1%;

The S&P 500 index rose by 1.46%; The Nasdaq Composite Index rose 2.49%. To combat inflation, the Federal Reserve announced a 75-point interest rate increase in the early hours of this morning. Although this rate hike leveled the history of the Federal Reserve

The biggest single interest rate increase since the beginning of the year, but investors in the gold market had already been psychologically prepared. When the results were revealed, they didn't "unexpectedly" see 1%. A 0.75% interest rate increase by the Federal Reserve became good news, and the gold market turned positive.

Go up; The lowest gold price was $1807.6, and the highest gold price was $1842, closing at $1843.9, down $25.4.

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