Weekly

August 15th

Today's amplitude range

The gold market rose for four weeks in a row and closed above $1,800. As the storm continues in the Taiwan Strait, does the Chinese People's Liberation Army "fake exercises and really attack Taiwan" and engage in psychological warfare, which is false and true?

Situation, more can cause international concern, risk aversion is not easy to disappear, which is beneficial to the bullish gold price. The latest dollar inflation data points to price control, and the market expects the Fed to slow down.

The pace of raising interest rates; In addition, the British economy seems to be stagflation. These two reasons support the rise of gold prices, but they still need to be consolidated between 1785 and 1810. Suggested volatility today

$791 to $1,808.

Hong Kong stocks fell first last week, and the result was almost flat. Last week, the United States announced that non-agricultural data was significantly higher than market expectations, and investors were worried that the Federal Reserve would take a more aggressive interest rate hike in September.

Means, coupled with the extension of the "Island Lock Exercise" by the People's Liberation Army of China, two weak news once caused the Hang Seng Index to fall below 20,000 points, followed by the consumer price index released last Wednesday and Thursday night and

Manufacturing data show that inflation in the United States seems to be peaking and falling. The market expects that the Fed's interest rate hike will drop slightly, and U.S. stocks have risen sharply. Hong Kong stocks rose for two consecutive days before the end of the week.

Almost completely recovered lost ground, the Hang Seng Index dropped 26 points, or 0.1%, in a week to close at 20175 points.

Last week, most European companies handed in their brilliant performance reports during the performance period. In addition, last Wednesday, the market saw that the U.S. consumption data in July was zero month by month, and then the manufacturing data appeared even more.

The retreat is another retrogression since April 2020. The probability of investors' budget that the Federal Reserve will raise interest rates by 75 points has been lowered, and the market atmosphere is good. In a week, the top three in Europe.

The stock market all rose, and the German DAX index rose by 1.63%; Paris CAC index rose by 1.26%; Britain's FTSE 100 index rose 0.82%. The United States announced last month's consumer price index

No change has been recorded month by month, indicating that the inflation trend is expected to peak. The market expects the Fed to raise interest rates sharply in September, and the producer price index will drop month by month in July.

Fell by 0.2%, which is the shrinking again since April 2020;

Last week, the number of jobless claims rose again, and the big picture of the economy is moving in the direction that the Federal Reserve wants. Although it is still a long way away, several interest rate hikes in the past have already shown the suppression of price increases.

Effective! The three major stock markets on Wall Street rose sharply, with the Dow Jones index rising by 2.93% in a week. The S&P 500 index rose by 3.35%; The Nasdaq Composite Index rose 2.71%.

Jin Shangtong announced the continuation of the actual joint military exercises in the sea and airspace around Taiwan Province Island by the People's Liberation Army of China at the beginning of last week to stimulate the demand for hedging. In addition, last Wednesday night, the United States announced

The consumer price index shows that the inflation in the United States seems to have peaked and dropped, and the producer price index released on Thursday in July dropped unexpectedly.

Due to the recent drop in the most energy cost, the latest monthly data of manufacturing industry has dropped by 0.2%, which is another negative growth after the emergence of "negative oil price" since the Covid-19 pandemic! Inflation back

The price of gold closed at $1,802, with the lowest price of $1,771.2 last week and the highest price of $1,808. In a week, the price of gold rose by 26.2 US dollars.

Yuan.

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