Weekly

Bo rebound

2022-09-01

September 1st

Today's amplitude range

The exhausted employment data eased the market tension a little, but there was still concern that the Federal Reserve would raise interest rates more aggressively.

Means, the price of gold has always been under pressure and failed to get out of the downward trend. Yesterday, I raised $1,717, successfully got it, and ate it at $1,711! The gold market is still in decline, and there is a chance to fall below 1700 today.

After the dollar appears, you can smoke it, but you can empty it first, and then you can bounce back below $1,700, but remember to stop the erosion! The suggested volatility today is $1,698 to $1,716.

The hawkish words of Williams, the third person in the Federal Reserve and the permanent voting committee, the chairman of the Federal Reserve of new york, caused the early US stocks to drop by more than 1%, and the Hong Kong stocks closed at a low level yesterday. Benefit from the mainland

The manufacturing data outperformed market expectations, and the 300 billion yuan added by the State Council's stable economic policy will start to be released in September. The Hang Seng Index reversed its decline, falling by nearly 4.5% at most.

00 to 200 points, but the market selling pressure was still there, and the transaction increased to HK$ 130 billion. So the two sides were evenly matched, and the market closed up slightly by 5 points or 0.03% to 19,954 points, 200.

The 0: 00 mark was lost again! The market outlook is mostly bearish, depending on whether Beishui can support Hong Kong stocks in the south again. !

Europe's inflation has reached a high level again. The consumer price index of the euro zone announced yesterday increased by 9.1% year-on-year. Many members of the European Central Bank have said that they must take measures to suppress prices.

The disorderly growth momentum, support for raising interest rates by 75 points, and some members frankly willing to imitate the practice of the Federal Reserve! The market originally expected the European Central Bank to raise interest rates by 0.75% in September.

It has already been sung, and after the comments of the members of the European Central Bank, raising interest rates by 0.75% in October has also become another worry of the market; The three major European stock markets fell more than 1% in unison,

Germany's DAX index fell 0.94%; Paris CAC index fell by 1.37%; Britain's FTSE 100 index fell by 1.12%. Small non-agricultural data went bad yesterday, and market statistics will be held in mid-August.

An increase of 300,000 people are employed, but the reality is very cruel. Even half of the expected number has not been achieved, and only 132,000 people can enter the workplace. In addition, recently, many enterprises have laid off employees to cut costs.

The voice keeps coming out. In the face of the worsening employment environment, U.S. stocks fell for four consecutive trading days, with the Dow Jones index falling by 0.88% and the S&P 500 index falling by 0.78%. Nasdaq Composite

The index fell by 0.56%.

In August, the small non-agricultural data were released in half, and the July mobile job survey released on Tuesday increased significantly, which is quite different! This may be the reason for the lag, and the July figures could not be reflected immediately.

Recently, enterprises have taken action to recycle recruitment, but most of the vacancies are more likely due to resource mismatch, which may not meet the employment demand! The exhausted employment data eased the market tension a little,

However, I am still worried that the Federal Reserve will take more aggressive measures to raise interest rates. The price of gold has always been under pressure and has not been able to get out of the downward trend. The highest price of gold is $1,726.6, and the lowest price is $1,709.7, with 17.

$1 closed down $13.4.

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