Weekly

July 27th

Today's amplitude range

Yesterday, the Federal Reserve started a two-day meeting on interest rates. According to the US economic data released last night, the Fed's monetary policy of tightening by raising interest rates is gradually showing results.

The sales volume of new homes and the prices of buildings in the United States have both fallen, indicating that hot money has recovered after the borrowing cost has risen. Generally speaking, the building price and salary level are difficult.

Adjust in the opposite direction, which also makes these two data better reflect the economic trend; The Federal Reserve should raise interest rates by 75 points as scheduled. It is expected that the price of gold will fluctuate greatly before and after the announcement of interest rate hike.

Move, today's suggested volatility is $1,697 to $1,728.

The opening of Hong Kong stocks followed the decline of U.S. stocks last Friday, falling by more than 250 points at most. Alibaba launched its delisting plan in the United States and announced its application for listing on the Hong Kong Stock Exchange from the 20%.

Status, jumped to the primary main board listing status, the stock price rose nearly 5%, and led other technology stocks to rise. The Hang Seng Index opened more than 100 points higher yesterday. Driven by the shares of Juke.com, the Hang Seng Index

It rose by nearly 390 points or 1.9% at most, and finally rose by 342 points or 1.67% to close at 20905. It is expected that the Federal Reserve of Market Alliance will announce a 75-point interest rate increase this week. Investors

Worried about whether the aggressive pace of raising interest rates will plunge the economy into recession, venture capitalists will become cautious, and the earnings performance of enterprises will be worse than market expectations, and the three major European stock markets will eventually

Across the board, Germany's DAX index fell 0.87%; Paris CAC index fell by 0.42%; Britain's FTSE 100 index fell 0.01%.

The market is concerned about the Federal Reserve's interest rate discussion this week, and it is expected to announce an interest rate increase of 0.75% in the early hours of Thursday. Investors have a strong wait-and-see atmosphere, and Wal-Mart, a large chain store, has issued a profit warning.

It means to cut prices to reduce inventory, which dragged down the retail sector. Yesterday, the US consumer confidence index also fell for four consecutive months, the lowest point since March 2021.

The three major Wall Street indexes closed down, and the Dow Jones index fell by 0.71%; The S&P 500 index fell by 1.15%;

The Nasdaq Composite Index fell by 1.96%. Last night's U.S. economic data showed that the Federal Reserve's monetary policy of tightening by raising interest rates was gradually effective, and the sales volume of new homes in the United States and

The prices of buildings have all fallen, indicating that hot money has recovered after the borrowing cost has risen. It is expected that the Federal Reserve will raise interest rates by 75 points as expected by the market. The Federal Reserve started yesterday.

During the two-day interest rate meeting, investors were worried about whether the aggressive rate hike would lead to economic recession. The price of gold did not change much, with the highest price of gold reaching 1728.2 and the lowest price dropping to 1713.7.

Dollars, and finally closed at $1,717.5, down $2.4.

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