Weekly

September 14th

Today's amplitude range

In August, the core consumer price index was more than twice the market expectation. The market was worried that the Federal Reserve might take more exciting measures to raise interest rates this year, and the dollar regained its strength.

The gold price will be supported by $1,690. The suggested volatility today is $1,687 to $1,704.

After the Mid-Autumn Festival holiday, Hong Kong stocks did not follow the rising trend of European and American stock markets every other night, and finally opened higher and closed lower. Hang Seng Index opened 40 points higher, but the market seems to be waiting for American Stock Connect.

Data, Hong Kong stocks fell between buying and selling. The Hang Seng Index finally fell 35 points or 0.18% to close at 19,326 points. Affected by the inflation data of the United States in August, it was twice higher than the market

Affected by the market expectation, investors are worried that the Federal Reserve will adopt a larger rate hike policy at the September meeting on interest rates, and the 30-year Treasury bonds and 5-year treasury bonds in the United States

The upside-down range of bond yields shows that the market is more worried that raising interest rates in a high inflation environment will trigger economic recession, which will eventually trigger stagflation. Investors reduce risk

Assets, the three major European stock markets saw red, and the German DAX index fell by 1.61%; Paris CAC index fell by 1.39%; Britain's FTSE 100 index fell by 1.18%.

The original inflation in the United States was expected to peak, but the August core consumer price index released last night was times more than the market expectation, and the market worried that the Federal Reserve might take more measures this year.

Excited means of raising interest rates, the US dollar regained its strength, and the US dollar index soared to 109.9, once again approaching the historical high. The three major indexes of Wall Street are now in stock market crash; Dow-Jones Index

Fell by 3.94%, the S&P 500 index by 4.33% and the Nasdaq Composite Index by 5.16%. Last night, the United States will release inflation data, and the result is a big surprise to the market;

The latest core consumer price index in August reached 0.6% month-on-month, which was twice the market expectation. Although the consumer price index declined year-on-year, it was still hovering.

The high inflation figure of more than 8% is still far from the ideal of the Federal Reserve. The market is worried that the Federal Reserve may take more exciting measures to raise interest rates, and the dollar will show strength again.

The price of gold was under significant pressure, with the lowest price of $1,697.1 and the highest price of $1,731.8, closing at $1,702.4, down $22.2.

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