Weekly

Lonely at the top

2022-08-19

August 19th

Today's amplitude range

The performance of US economic data is better than expected, especially the growth of labor data, which the Federal Reserve does not want to see. Last month, the report of the Market Committee indicated that they would

Act according to the data, and take the fight against inflation as the primary goal. Yesterday, Brad Market of the Federal Reserve said in an interview that it supported another interest rate increase of 0.75%.

The gold price will be under pressure from the strong performance of the US dollar, and will be tested at $1,745. The suggested volatility today is $1,762 to $1,745.

Under the pressure of interest rate increase in the United States in recent months, the two major note-issuing banks in Hong Kong finally couldn't help but raise the ceiling price of new mortgage rates, indicating that there will be another one in Hong Kong's property market.

Unfavorable factors; The performance of the local Bank of East Asia dropped by 44%. The bank is the mother of all trades. After two and a half years of epidemic, it can be seen that local business is difficult to do!

Hong Kong stocks opened higher by less than 70 points, that is, the daily high of 19991 points began to turn down, and fell by nearly 250 points at most. The decline in the tail market narrowed, and the Hang Seng Index finally fell by 158.

Or 0.8%, to close at 19,763.

It was announced that consumer prices in the euro zone rose by 0.1% month-on-month and 8.9% year-on-year in July. Although the data is in line with market expectations, this increase has been since 1999.

The highest level since the euro was founded in. European Central Bank officials immediately opened their cards, suggesting that they would raise interest rates sharply again next month to suppress inflation. Investors take advantage of the situation

Energy stocks injected as the main cause of inflation led the three major European stock markets to rebound, with the German DAX index rising by 0.6%; Paris CAC index rose by 0.45%; British FTSE 1

00 index rose by 0.33%.

Yesterday, the United States announced that the number of initial jobless claims was unexpectedly reduced to 250,000 last week, and the market expects to increase the capital by 13,000 to 265,000. In addition, the fee

The city's federal manufacturing index rose by 6.2 points per month, which was higher than expected. Two economic data were higher than market expectations, which was good for venture capital. The three major stock indexes on Wall Street rose across the board.

The Dow Jones index rose 0.06%, the S&P 500 index rose 0.26%, and the Nasdaq Composite Index rose 0.21% to close. The dollar continued to strengthen, and the gold market rose first and then fell.

When the market opened, the price of gold benefited from the decline of Asian stock markets, with the highest price rising to $1,772.5. However, it was lonely at the top, and then fell after entering the US market. The United States announced last week's

The number of initial jobless claims has finally developed well after rising for several weeks, falling back to 250,000. The favorable data stimulated the US dollar index to regain 107 points, and the price of gold fell to the end.

The price dropped to $1,755.5 at most, and closed at $1,758.4, down $3.8.

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