Weekly

August 30th

Today's amplitude range

U.S. economic data showed a strong performance on Thursday. U.S. Federal Reserve Chairman Powell put an eagle in the annual meeting of the global central bank, and the price of gold was difficult to rise under the expectation of raising interest rates. Yesterday,

With the weakening of the US dollar, the market was close to a draw. The trend of the gold market yesterday also reacted well, and it is waiting for the next key data; That is, it was announced this Friday at 8.

Monthly non-farm employment report. Today is still expected to be a volatile market, with high selling and low selling; The suggested volatility today is $1,727 to $1,746.

Investors are worried that the United States will still raise interest rates sharply when the economic environment is not good. U.S. stocks plunged more than 3% last Friday. Hong Kong stocks fell below the 20,000-point mark when they opened yesterday, but China and the United States

A cooperation agreement was reached on audit supervision, and the crisis that China Stock Exchange was forced to withdraw from the market in the United States eased slightly, which became the only good news in the market. The Hang Seng Index finally reached the 20,000-point mark.

It was recovered and closed at 20023 points, down 146 points or 0.73%. Following the US Federal Reserve Chairman Powell's global central bank's eagle state last Friday, the European Central Committee

A number of officials also made hawkish remarks yesterday; They all said that they would raise the interest rate at the meeting in September because of the worsening inflation in Europe.

0.75% interest rate, which is the most aggressive monetary policy tightening since the euro came into existence. Negative news is unfavorable to the risk market, the European stock market continues to fall, and Germany D

AX index fell by 0.59%; Paris CAC index fell by 0.83%; British stock market is closed for holidays.

Powell, the chairman of the US Federal Reserve, released the eagle at the annual meeting of central banks around the world. The market expected that the probability of the Fed raising interest rate by 75 points in September would exceed 50 points, and the market was uneasy.

Emotion, in which the yield rate of long and short government bonds continues to widen upside down, indicating that investors are less and less optimistic about the follow-up economy; U.S. stocks continued Friday's decline yesterday, Dow Jones

The index fell by 0.57%, the S&P 500 index by 0.67% and the Nasdaq Composite Index by 1.02%. Powell's hawkish remarks at the annual meeting of the global central bank in Asia

After continuous fermentation, the price of gold was once at its lowest level in a month, and the lowest price was 1720.4. However, after entering the European market, many European officials expressed their support for raising the interest rate by 75 points in September.

Boosted the euro's expansion in the foreign exchange market, the US dollar softened relatively, and the bulls in the gold market immediately launched a big counterattack, with the highest price of gold rising to 1745.6 USD, and finally closing at 1737.5 USD.

It fell slightly by 0.6 US dollars.

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