Weekly

August 31st

Today's amplitude range

U.S. economic data was good yesterday. If the Fed's interest rate hike strategy is based on the principle of inflation data, it is obvious that yesterday's data is unfavorable to doves! In September

The 0.75% interest rate increase is heating up, and with the hawkish words of Williams, the third person and permanent voting committee of the Federal Reserve and chairman of the Federal Reserve of new york, the price of gold continues to be under pressure. gold

When the price goes to the bottom, there is a great chance that it will fall below $1,720. Once it falls below $1,717, it can be filled empty. You can see $1,711, stop the erosion with $1,720, and fight with three mosquitoes.

Six mosquitoes! Suggested volatility today is $1,711 to $1,730.

Last Friday, Powell, the chairman of the US Federal Reserve, put an eagle in the annual meeting of the global central bank last week. The market expected that the probability of the Fed raising interest rate by 75 points in September would exceed 50 points.

It is expected that the rate hike in the United States will gradually heat up, and Hong Kong stocks will open lower and close lower on the settlement date of the futures index. The Hang Seng Index finally fell below the 20,000-point mark and fell 74 points yesterday.

Or 0.37%, to close at 19,949 points. Williams, the third person in the Federal Reserve, continues to hawk. Today, Hong Kong stocks are sure to smoke! Yesterday, Germany, Britain and France were the same

The manufacturing purchasing managers' index was released this month, and the three major economies showed different performances. Germany showed better data than the market expected, while the latest figure in the UK was worse than expected.

Color, while the data released by France is as expected by the market. The three major European stock markets have also developed, with the German DAX index rising by 0.55%; Paris CAC index fell

0.19%； Britain's FTSE 100 index fell 0.86%.

Following US Federal Reserve Chairman Powell's falconry at the annual meeting of the global central bank, Williams, the third person and permanent voting committee of the Federal Reserve and chairman of the new york Federal Reserve, yesterday

Also aggressive, commenting that there are contradictions in the current economic data of the United States, inflation is still too high and the labor market is still strong; The overall situation is similar to that of last month.

The policy of saving money and implementing it has not yet achieved the desired results. Of course, it depends on the economic data to indicate how high the interest rate needs to rise, but Williams also put forward his benchmark.

Yes, we need an interest rate slightly higher than 3.5%, and said that the high interest rate situation will continue for several more years! Williams' hawkish wording caused the U.S. stocks to fall, saying

The Jones index fell by 0.96%, the S&P 500 index by 1.08% and the Nasdaq Composite Index by 1.12%.

Crude oil prices plummeted by 6%, and the consumer confidence index of the United States immediately rose in August. The latest data reported 103.2 points, the first time since May this year, and higher than the market forecast.

Period; In addition, the Ministry of Labor released a new survey of mobile jobs in July, and the number of job vacancies increased to 11.24 million, which shows that the labor market is booming! If the Federal Reserve Board

The strategy of raising interest rates is based on the principle of inflation data. Obviously, yesterday's data was unfavorable to doves! The gold market has not yet gone out of the downward trend, with the highest price rising to 174.

0.6 USD, the lowest is 1721.2 USD, and it is down by 13.1 USD to 1724.4 USD.

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