Weekly

June 23rd

Today's amplitude range

Powell, chairman of the US Federal Reserve, showed his determination to fight inflation last night. When asked about the possibility of raising interest rates by 100 percentage points, he said that he would never rule out any range.

Raise interest rates. The interest rate reflects the cost of holding gold, but there is a hidden phenomenon of higher inflation behind the interest rate hike. The gold market is still expected to rise further, but it can be absorbed at a low price. Today's suggestion wave

From $1,828 to $1,848.

The regulatory atmosphere in the Mainland seems to haunt us. Yesterday, the State Food and Drug Administration made a move against online media, promulgating new rules to prohibit third-party platform providers from directly participating in online drug sales.

Activities, Ali Health and JD Health, which specialize in selling drugs online, both fell by 14%. The Hang Seng Science and Technology Index plunged by 207 points or 4.36%. The Hang Seng Index also closed at the all-day low, reporting

2008 points, down 551 points or 2.6%. US Federal Reserve Chairman Powell said at the semi-annual monetary policy meeting of the US Senate Finance Committee last night that the Federal Reserve will

We will try our best to reduce inflation, and the U.S. economy can afford a tighter policy. The authorities will stick to this policy until we see convincing evidence that inflation is declining.

When Powell was asked about the possibility of raising interest rates by 100 points, he replied that any rate increase would never be ruled out. Powell's remarks indicate that the Fed would rather risk economic decline.

The risk of retreat, but also determined to increase interest rates by a larger margin to fight inflation, market worries will trigger a recession, and Musk, the richest man in the world, fell out to support this market speculation, saying that all

The probability of recession in the global economy is greater than that of non-recession. European stock markets fell to a daily low after Powell's speech, and the German DAX index fell by 0.98%; Paris CAC index fell 0.81.

%； Britain's FTSE 100 index fell 0.79%.

Powell's remarks that there is no upper limit on interest rate hike, saying that any rate hike will never be ruled out, shocked the investment market. Investors worry that the Federal Reserve will raise interest rates sharply to suppress inflation.

Will pay the price of economic recession, the three major indexes of Wall Street all go down, and the Dow Jones index falls by 0.16%; The S&P 500 index fell 0.14%; The Nasdaq Composite Index fell 0.15%.

Powell, chairman of the US Federal Reserve Board, attended the testimony of the US Senate last night, talking about the fact that the economic prospect of the United States has become more difficult under inflation, saying that the soft landing of the economy has become a major challenge.

The remarks heated up the risk aversion, and the highest price of gold was $1,847.9, but Powell later said that he would never rule out any interest rate increase, which narrowed the price increase, and the lowest price of gold was ever seen.

$823.5, and finally closed at $1,837.8, up $4.7.

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