Weekly

Meet the roller coaster

2022-07-21

July 21st

Today's amplitude range

It is predicted that the probability that the European Central Bank will raise interest rate by half a percentage point today will rise to 60%, while the market expects that the Federal Reserve will raise interest rate by 0.75% next week, and the US dollar index will rise above 107 again.

Level, the price of gold fell below the closing price of $1,700, which is the first time since March 21, 2021, indicating that the gold market is in a weak position. Strategically, it is not optimistic about the market outlook, but only speculating in Europe.

The announcement of interest rate hike by the central bank tonight is expected to temporarily pull down the US dollar index and increase the chances of gold price rising. The price of gold has reached the suggested price of long positions, and the market participants should buckle up safely.

With, make good corrosion stop position, ready to meet the roller coaster. Today's suggested volatility is $1,688 to $1,714.

The European and American stock markets did well the next day, and Hong Kong stocks opened higher and closed higher yesterday. As American companies announced their satisfactory performance, the three major indexes on Wall Street rose by more than 2%, and the Hang Seng Index opened nearly 300 points.

Up to 450 points, but the uncompleted residential flats in the mainland continued to get angry, which held the market back again. Some suppliers of Evergrande said that they would stop repaying bank loans to protest Evergrande's default.

Money, join the ranks of owners of uncompleted residential flats to cut off supply. Interior shares underperformed the market yesterday, falling by 1 to 2%; Hang Seng Index closed at 20,890 points, up 229 points or 1.11%, and the market turnover was 89.3 billion yuan.

Less than 90 billion yuan for two consecutive days is two, and the market outlook is bearish.

Russian President Vladimir Putin said that Beixi No.1 will resume gas supply after its annual inspection, but he warned that if the required parts could not be shipped to Russia due to sanctions, the supply would drop sharply.

Only 20% of the original. The decrease of natural gas supply aggravates market worries, because once the normal supply is lost, the European economy has the opportunity to fall into recession; The EU responded in response to

In view of the threat of interrupting Russia's natural gas supply, the EU suggests that member states voluntarily reduce the use of natural gas by 15% from next month. The economic crisis ended the three major European stock markets.

After rising for three consecutive days, Germany's DAX index fell by 0.21%; Paris CAC index fell by 0.27%; Britain's FTSE 100 index fell 0.41%.

Entering the US performance announcement period, many large enterprises announced their ideal performance as soon as possible, and the market reported that Tesla's performance in the second quarter was better than expected, because Tesla founder Mas

Dick raised the price of Tesla Motors, got rid of the pressure of production reduction in Shanghai factory due to epidemic situation, and the U.S. stocks were stable in the early stage. In fact, Tesla announced the adjusted profit per share.

$2.27, better than the market's general expectation of $1.81, reversing the three major Wall Street indexes rising for two consecutive days, with the Dow Jones index rising by 0.16%; The S&P 500 index rose 0.58%; accept

The Nasdaq Composite Index rose by 1.58%.

In June, the sales of existing homes in the United States fell to the lowest level in two years, with the latest figure of 5.12 million, highlighting the rising borrowing costs after the interest rate hike by the Federal Reserve, which hurt home buyers.

Affordability; Investors expect next week's interest rate meeting of the Federal Reserve Board to announce a 0.75% interest rate increase. The interest rate increase budget will heat up the US dollar again, and the US dollar index will return to 107 level, and the gold price will rise.

It closed below $1,700, with the highest gold price at $1,714.5 and the lowest at $1,692.5, and finally closed at $1,696.8, down by $14.8.

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