Weekly

July 13th

Today's amplitude range

Investors' expectations for the global economy have deteriorated, crude oil has plummeted, and the US dollar has become the best hedge tool. The US dollar continues to hover at a high level, with the US dollar index reaching a maximum of 108.56 points yesterday.

Approaching the 20-year high, the gold market has also fallen to the dangerous edge. Once it falls below the 1720 mark, it has the opportunity to test the support of $1,680. False labor department bulletin in the United States

According to the report, inflation peaked again on a monthly basis, increasing by 1.7% on a monthly basis. Although the official rumors came out, false news has pushed the US stock market; And today's focus is the real American Express.

According to the report, the market also expects the consumer price index to rise month by month. Today, the suggested volatility is $1,718 to $1,735.

There are 347 new cases of local infection of coronavirus in the Mainland, among which Guangdong Province is the most severe. The number of new cases in a single day for three consecutive days is the highest among all provinces and cities in China. Earlier,

Shanghai, which has been closed for two months, also shows signs of rebound. Investors are worried that the variant virus will wreak havoc in the world again, and the epidemic containment measures will once again constitute the global supply chain.

Problems are bound to push up inflation and trigger a national economic recession. Shanghai and Shenzhen stocks fell more than 1%, and Hong Kong stocks also fell. Hang Seng Index opened 219 points lower, and then its decline narrowed to

40: 00, but the decline of the mainland stock market intensified. The Hang Seng Index finally fell below 21,000 points to close at 20,844 points, down 279 points or 1.3%.

The epidemic situation in COVID-19 is on the rise in China, investors are worried that the economy is growing into a recession, international oil prices are dropping, and U.S. oil futures are falling below $96 a barrel. Affected by the market atmosphere,

European stock markets opened down. As the euro is getting closer to the exchange rate of 1 to 1 against the US dollar, the market expects that the weak euro situation will be beneficial to the export competition of European enterprises, the three major European stocks

The market turned up and closed, and the German DAX index rose by 0.5%; Paris CAC index rose by 0.81%; Britain's FTSE 100 index rose 0.14%. Investors' expectations for the global economy have deteriorated,

Weakened the atmosphere of venture capital, and social media circulated an inflation report of the U.S. Department of Labor in June yesterday, which indicated that the consumer price index of the U.S. increased by 1.7% month by month.

The news shocked the market in a big way. Although the U.S. Department of Labor later came out to refute the rumor, and made it clear that the document was forged and the contents were untrue, the three major indexes of Wall Street still fell across the board.

Dow Jones index fell 0.62%; The S&P 500 index fell 0.92%; The Nasdaq Composite Index fell 0.95%.

The market is worried that the epidemic situation in China will expand, and the global supply chain will break again, which will lead to economic recession and reduce the demand for crude oil. Oil prices have plummeted by more than 7%, and the US dollar has become the best.

As a hedge tool, the US dollar continues to hover at a high level. The US dollar index reached a maximum of 108.56 points yesterday, approaching a 20-year high. The gold market is still under pressure, and the gold price reached a maximum of 1744.3 USD.

See the lowest price of $1723.7, and finally close at $1726.2, down by $7.8.

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