Weekly

July 7th

Today's amplitude range

Investors expect the economic outlook in Europe to be weak. The exchange rate of the euro against the U.S. dollar has fallen for two consecutive days, hitting a 20-year low, approaching the 1-to-1 mark, and the U.S. dollar index has broken 107, US dollar.

Once again, the strength became the reason why the price of gold went bad yesterday, but the price of gold dropped to around 1720, which was attractive enough to buy while it was low. The market pays attention to America today and tomorrow.

Non-agricultural data. The suggested volatility today is $1,728 to $1,753.

Worried about the global economic recession, Asian stocks generally fell. Yesterday, Hong Kong stocks opened lower and closed lower. After the Hang Seng Index opened lower by more than 70 points, the decline in the afternoon had expanded to 566 points, constant

The Health Index closed at 21,586 points, down 266 points or 1.2%. The market predicted that the possibility of Europe falling into recession would greatly increase due to inflation, which led to the European stock market two days earlier.

Fell, but yesterday the international oil price fell below the $100 mark, the sound of economic recession also weakened, investment also took advantage of the low market, the three major European stock markets rebounded sharply, Germany

The national DAX index rose by 1.57%; Paris CAC index rose by 2.03%; Britain's FTSE 100 index rose by 1.27%.

The minutes of the meeting of the Federal Reserve in June show that many officials of the Federal Reserve believe that if inflation continues, a more positive interest rate level of the Federal Reserve may not be impossible, believing that

7 It is appropriate to raise interest rates by 50 basis points or 75 basis points at the meeting. Most officials also noticed that the risk of downward growth of the US economy increased, including the possibility of raising interest rates by the Federal Reserve.

Exceed the expected impact. However, in view of the upside-down phenomenon of long and short bonds in the United States, the market bet that the Fed will raise interest rates moderately. In terms of data, the United States announced last month last night

Non-manufacturing data, with a figure of 55.3, performed better than market expectations, while the number of floating job vacancies in the United States in May was 11.254 million, the largest single month since the outbreak for two consecutive months.

The decline shows that the American labor force is still growing.

The three major Wall Street indexes rose across the board, with the Dow Jones index rising by 0.22%; The S&P 500 index rose by 0.36%; The Nasdaq Composite Index rose 0.35%. Investors expect Europe

The economic outlook is weak. The exchange rate of the euro against the U.S. dollar has fallen for two consecutive days, hitting a 20-year low, approaching the 1-to-1 mark. The U.S. dollar index has also broken 107 points, and the price of gold is completely under pressure.

After seeing a high of $1,773 yesterday, it continued to fall, with the worst low of $1,732.2; After the Federal Reserve announced the minutes of the June meeting, the market bet on the Fed's interest rate hike.

It will be milder, and the decline of gold price will narrow slightly, closing at 1739.4, down 25.5 USD.

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