Weekly

August 24th

Today's amplitude range

The organization data of the United States is weak, and the sales volume of new homes in the United States has broken the lowest sales volume since 2016, reflecting the rising interest rate and becoming a barrier for consumers to buy their own homes. At the same time,

Also, the anti-rebound market lacks confidence in the economic prospect and is unwilling to bear the long-term price of 108.5 < the gold price rebounded to close. It remains to be seen that the price of gold has stabilized. today

Suggested volatility is $1,735 to $1,757.

Hong Kong stocks opened higher and closed lower. The market waited for Federal Reserve Chairman Powell's comments on monetary policy at the central bank's annual meeting on Friday. The market was worried that he would hawk down US stocks.

It fell every other night, and the performance of Hong Kong stocks was lackluster. Sino-US commercial disputes resumed, and seven entities related to China were added to the export control list. Hong Kong stocks fell.

At the close, the Hang Seng Index finally fell by 175 points or 0.83%, closing at 19,327 points. Russia has announced that it will suspend gas transmission at the end of the month due to the maintenance of gas pipelines.

Affected by the news, the price of natural gas rose by more than 13% yesterday, which further stimulated inflation, but also weakened the source because of the rising cost of living energy.

In other consumption choices, investors are even more pessimistic about the economic prospects of Europe. In addition, the U.S. stock market opened sharply, the three major European stock markets fell across the board, and the German DAX index fell.

0.27%%； Paris CAC index fell by 0.26%; Britain's FTSE 100 index fell 0.63.

The U.S. Department of Commerce announced the latest purchasing managers' index of manufacturing and service industries, and both of them shrank at the same time, reflecting that corporate investment has shrunk and the market is worried about the U.S. economy.

Slowing down, the three major stock indexes on Wall Street fell across the board, with the Dow Jones index down 0.22%, the S&P 500 index down 0.47% and the Nasdaq Composite Index down 0.07% to close.

Following last week's announcement of the latest data on new housing starts in the United States, which was the lowest since half a month in recent years, the sales volume of new homes in the United States broke the lowest since 2016 yesterday.

In response to the rising interest rate, it has become a barrier for consumers to buy their own homes. At the same time, it also counter-rebounds. The market lacks confidence in the economic prospect and is unwilling to take the risk of long-term investment. plus

The purchasing managers' index of manufacturing and service industries both exceeded market expectations, with the US dollar falling from a high of 109, while the gold price jumped by 23 dollars in high and low terms, with the lowest price of 17.

$30.9, with the highest gold price of $1,754.1, closing at $1,748, up $12.1.

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