Weekly

September 26th

Today's amplitude range

It is expected that the US interest rate hike cycle in the market will only cut interest rates in 2024, and the trend of the US dollar will remain strong, although most central banks around the world have also embarked on the road of raising interest rates.

Ok, it's bad for the price of gold. However, behind the interest rate hike, there is an increased opportunity for the global economy to land hard. Whether Russia uses nuclear weapons for real or just by intimidation,

It remains to be seen, but this crisis atmosphere is enough to support the gold price. Although the price of gold has not changed, it is expected that the price of gold will fall again in a limited range this week, approaching 1825.

The dollar bounced back. The suggested volatility today is $1,625 to $1,650.

Last week, a number of negative news affected the trend of Hong Kong stocks. The European Chamber of Commerce in China said that due to the inflexibility of China's epidemic prevention policy, it was inconvenient for members of the Chamber of Commerce to do business. European enterprises

The industry is gradually losing confidence and patience in China, warning that the attraction of investing in China is declining; The US dollar interest rate hike is expected to heat up, and the RMB falls below 7 against the US dollar;

The war in Ukraine turned nasty, and the market was worried about the escalation of the war. The Hang Seng Index fell for four weeks in a row, and closed below 18,000 points, falling 828 points or 4.4% a week to close at 179.

3: 00, a record low of nearly 11 years.

With the announcement of another 0.75% interest rate increase in the United States, its statement on interest rate also shows that the interest rate increase environment in the United States will not end until 2024! Under the premise of inflation, many

The central bank responded by shrinking monetary policy; Schnabel, the European Central Bank, said that although the euro zone is facing an economic downturn, because inflation is still high, the central bank

Have to raise interest rates to continue to rise; At the same time of schnabel's speech, the Swiss and British central banks also announced a 0.5% interest rate increase, so far, the whole of Europe is out of negative.

Interest rate era. The voice of global interest rate hike is one after another, which aggravates the possibility of economic recession. Investors are afraid that they will further attack the risk market and leave the market first. The three major European stocks

The market fell by more than 3% in a week, and the German DAX index fell by 3.59%; Paris CAC index fell 4.84%; Britain's FTSE 100 index fell 3.01%.

Yesterday, after the Federal Reserve announced the third consecutive interest rate increase of 0.75%, Federal Reserve Chairman Powell even gave a warning, revealing that many people in the meeting expected to raise interest rates again before the end of the year.

100 ideas, and others expect to raise interest rates by 125 by the end of the year. Powell's remarks continued to ferment in the market, and the three major indexes of Wall Street fell for four days in a row to one

Last week, the Dow Jones index fell 4%, the S&P 500 index fell 4.62% and the Nasdaq Composite Index fell 4.88%. Several countries announced the latest interest rate settlement last week.

As a result, except Japan and China recently, all central banks have announced to raise interest rates to fight inflation. As the first Sweden in Europe to implement negative interest rates, it even raised interest rates by 100 points, exceeding

The more the Fed raises interest rates! After the meeting on interest rates, Federal Reserve Chairman Powell warned that after the end of the year, there was an opportunity to raise interest rates by 1% before the end of the year, the dollar continued to soar.

Rose, the US dollar index broke through 113 points, and the price of gold fell under pressure. Last week, the highest price of gold reached US$ 1,688.1, and the lowest price fell to US$ 1,639.7, closing at US$ 1,643.9. Summary

In a week, the price of gold fell by 31.6 dollars.

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