Weekly

Keep sliding.

2022-07-15

July 15th

Today's amplitude range

Investors are expected to announce a 0.75% interest rate hike as the lower limit at the Federal Reserve meeting in the last week of July. The expected rate hike has made the US dollar popular, and the US dollar index once rose above 109 points, and the gold market.

At worst, it once fell below $1,700, and then two Fed officials came out to express their support for raising interest rates by 0.75% in July. The price of gold rebounded slightly, indicating that the price of gold was lower than that of $1,700.

Big support. However, the price of gold is still subject to the Fed's interest rate hike in the short term. Today, it is suggested that the volatility should range from $1,700 to $1,716.

The risk of the market is subject to the expectation that the United States Federal Reserve will raise interest rates by one percent. On Wednesday, after the United States announced that inflation hit a new high of more than 40 years in June, the Bank of Canada also announced a rate hike.

1%, the news scattered European and American stock markets; Yesterday, Hong Kong stocks were repeatedly soft. Domestic banks continued to be attacked due to the collective blackout, falling by nearly 1% to 8%. The Hang Seng Index finally fell by 46 points or 0.22%.

It closed at 20751 points. The international crude oil price plummeted, and the US oil futures once fell to the edge of 90 USD, indicating that the market continues to worry about the global recession, and the oil usage is expected to fall, plus

The Bank of Canada took a heavy hand in managing inflation, and the announcement of a 1% interest rate increase on Wednesday was still fermenting. The three major European stock markets all fell by more than 1%, and the German DAX index fell by 1.86%.

Paris CAC index fell by 1.41%; Britain's FTSE 100 index fell by 1.63%.

Investors were worried that the Federal Reserve would raise interest rates by 100 points at the interest rate meeting at the end of July, and the US stock market opened down by more than 1%. Later, some senior officials of the Federal Reserve panicked about raising interest rates, and the Federal Reserve

Waller and Brad respectively indicated that they would support a 0.75% interest rate increase in July, and said that unless inflation is very strong, there is no urgency to raise the interest rate by 1% in July, and the U.S. stock market will eventually fall.

Slow, the Dow Jones index fell 0.46%; The S&P 500 index fell 0.3%; The Nasdaq Composite Index fell 0.03%.

With Canada raising interest rates by 100 points, the market has accepted the fact that the Federal Reserve will raise interest rates substantially. Investors are expected to announce the increase at the Federal Reserve meeting in the last week of July.

The interest rate of 0.75% is the lower limit. The budget of raising interest rates makes the US dollar hot and the best safe-haven asset in the financial market. The US dollar index once broke through the 109 mark, while the gold market was completely under pressure, which is the lowest.

1697.7 yuan, although two US Federal Reserve officials later expressed support for a 0.75% interest rate hike in July, explaining that there was no urgency for a more radical interest rate hike. The dollar softened and the gold price fell.

Narrow, and finally closed at $1,710, down $25.7.

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