Weekly

September 13th

Today's amplitude range

The market is not afraid of the Federal Reserve's interest rate hike in September. The US dollar index and the yield of 10-year treasury bonds are falling hand in hand. The gold market bulls are taking advantage of the momentum to fight back, and the price of gold is up again for the first time this month.

The market closed above $720, and the market survey showed that the probability of the US raising interest rate by 75 points in September exceeded 85%, which can be said to be an established fact; The United States will announce consumption tonight.

The price index, regardless of the outcome, will not change the attitude of the Federal Reserve to raise interest rates. I believe the price of gold will still wander between $1690 and $1730. Today's suggestion

Volatility of $1,710 to $1,730.

Hong Kong stocks were closed for the Mid-Autumn Festival yesterday.

European stock markets continued their upward trend on Friday, rising by more than 2% yesterday. After the European Central Bank announced a 0.75% interest rate increase last week, it reversed the decline of the euro, and the US dollar was relatively low, the US

The yuan index once fell below 108 points yesterday, and the risk market atmosphere was good. The three major European stock markets performed brilliantly, and the German DAX index rose by 2.39%. Paris, France

CAC index rose by 1.95%; Britain's FTSE 100 index rose by 1.69%. It is expected that inflation in the United States will peak in the market, and it has absorbed the third consecutive interest rate increase by the Federal Reserve in September.

0.75% of the expectation, the recent strength of the US dollar was hit hard, and the US dollar index fell for four consecutive trading days, and was lowered by another 0.6% yesterday;

The weakening of the US dollar boosted all assets except the US dollar, and US stocks followed the rise of European stocks. The three major indexes of Wall Street rose for two consecutive days; Dow Jones index rose 0.71%, the standard

The S&P 500 index rose by 1.09%, while the Nasdaq Composite Index rose by 1.27%. Although two more Fed officials indicated that they would support the Fed to raise interest rates again at this month's interest rate meeting.

0.75%, but the market has obviously digested this interest rate increase. The US dollar index and the yield of 10-year government bonds have gone down hand in hand, greatly boosting all assets except the US dollar,

Of course, gold is no exception. The price of gold dropped to $1,712 at the worst in the early stage, but then climbed up, reaching the highest price of $1,735.2, closing at $1,724.6, rising.

7.4 dollars.

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