Weekly

September 29th

Today's amplitude range

On Monday, the pound fell to an all-time low against the US dollar. The Bank of England announced yesterday that it would stabilize the market, buy back long-term bonds, shrink the supply of the pound, and immediately start lending.

The exchange rate of the British pound and the US dollar index fell by 1.3%, and the air force of the Golden Market was immediately caught off guard! With global central banks scrambling to raise interest rates, central banks will

Pricing the exchange rate at a certain level to prevent the import of inflation, so as not to waste the efforts contributed by strengthening interest rates, may become the new normal and the US dollar will stand out.

It may be difficult to reproduce. The price of gold can't kill more than $1600, but the above 1660 is still under pressure. The gold market may have to fluctuate back and forth to get out of a new direction. Suggested volatility today

$638 to $1,662.

As the National Day approaches, China's State Council has successively introduced the policy of maintaining stability, but it still can't stop the recent capital withdrawal of RMB. RMB fell below the 7.2 mark against the US dollar

The FOB price of RMB, which reflects the situation of foreign capital in the Mainland, has even dropped to a record low, which shows that the "rich" culture continues, and the world is going fast and well. Hong Kong stocks are naturally difficult.

After escaping, the Hang Seng Index opened lower by 156 points, and then it fell deeper and deeper, with a maximum drop of 675 points, hitting an 11-year low. The closing decline narrowed slightly and it still fell.

09 or 3.4%, reported at 17250.

Dragged by the virus pandemic, coupled with the war situation in Eastern Europe distorting supply and demand, British domestic production has experienced negative growth in the past two years, according to the gross domestic product.

To calculate the core revenue and expenditure, it dropped from a slight surplus to a deficit of 8%, and when the new foreign minister came on stage, he introduced more tax concessions, and the state treasury would undertake more

Many debts, investors are bearish on the UK economic outlook, and the pound fell to a record low against the US dollar on Monday; The Bank of England announced yesterday that it would stabilize the market and launch a

A temporary plan to buy long-term bonds, and delayed the planned sale of British government bonds, led to a short-term surge of 1.4%. It is expected that the intervention of central banks in the market will

Into the new normal!

Affected by the news of the Bank of England's intervention in the foreign exchange market, investors speculated and covered short positions, forcing the pound to suddenly rise by more than 1.5%, while turning the British stock market around.

In the atmosphere, the FTSE 100 index in the UK turned positive from a decline of nearly 2%, and closed up by 0.26%, which led the stock markets of Germany and France to rise, while the DAX index in Germany rose.

0.36%； Paris CAC index rose by 0.19%. The EU announced the eighth round of sanctions against Russia, which will completely ban the sale of Russian goods in the EU market.

At that time, the legal framework for limiting Russian oil prices was announced. Russia, on the other hand, has reached an agreement with oil group suppliers to reduce production, and the international oil price has risen to 80 dollars.

Barrels.

Yesterday, U.S. crude oil inventories fell, indicating that demand is still high. Investors are looking forward to a soft landing of the U.S. economy, and the yield of 10-year treasury bonds hit 4% and then quickly recovered.

U.S. stocks rebounded more than 2%, the Dow Jones index rose 1.88%, the S&P 500 index rose 1.91%, and the Nasdaq Composite Index rose 2.05% yesterday. pound

On Monday, the U.S. dollar fell to a record low, and the Bank of England announced yesterday that it would stabilize the market and implement a temporary repurchase program for long-term bonds today. Bank of England

After the Bank of Japan stated that it would intervene in the exchange rate, in the case of global central banks scrambling to raise interest rates, central banks of various countries set the exchange rate at a certain level to prevent input.

Expansion, so as not to waste the efforts contributed by strengthening interest rates, which is understandable and may become the new normal. The lowest price of gold fell to $1,614.9, UK

The central bank announced that the exchange rate was supported, and the US dollar depreciated relatively when the pound surged. The US dollar index fell below the 113 level to close, and the gold price took the opportunity to rebound by nearly 50 US dollars, with the gold price as high as 16.

$45, closing at $1,660, up $30.5.

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