Weekly

October 10th

Today's amplitude range

The virus pandemic caused the supply chain to break, but the conflict between China and the United States caused the market to go to China, and the relatively mature production and cheap products in China were forced to decrease.

The price is the rising factory cost, pushing up prices! Finally, last week, the oil exporting countries announced a substantial reduction in production in order to maintain the international oil price.

Heating up, further stimulating inflation. Finally, the US labor market is still hot under the repeated interest rate hikes of the Federal Reserve. The market expects the Federal Reserve to raise interest rates by 75 points again in November.

The probability of the sub-rose by nearly 70%, and the U.S. dollar index reappeared strongly, which was unfavorable to the bulls in the gold market. Suggested volatility today is $1,680 to $1,700.

The interest rate hike in the United States is expected to heat up, and Hong Kong stocks continued to fall last Monday. Under the National Day holiday in the Mainland and the lack of support from Beishui, Hong Kong stocks fell below the 17,000 mark at most, hitting half.

New low in 2008. The labor data released last Tuesday was also lower than the market forecast. In addition, the rate hike announced by the Reserve Bank of Australia was unexpectedly lower than the market expectation. The market

I hope that the pace of interest rate increase by the Federal Reserve will slow down in the future. After the Double Ninth Festival holiday, Hong Kong stocks soared by more than 1,000 points, with a cumulative increase of 517 points or 3% a week. Unfortunately, 8,000 points still exist.

It's a gain and a loss! However, in the last two trading days before last week, the total turnover in the two days was less than HK$ 120 billion, which was the lowest record of this year, showing

It shows a strong wait-and-see atmosphere in the market.

The Reserve Bank of Australia announced a 2.5% interest rate increase, which was lower than the market expectation. It was the first time that the central bank's interest rate decision was satisfactory in this round of global monetary tightening.

It is expected to be lower than market expectations. Looking forward to the early end of the global competition to raise interest rates, the news boosted European venture capital, and then the oil group supplier announced its

Production cuts of 2 million barrels per day, coupled with the European embargo on Russian oil, are expected to continue to heat up, limiting the stock market's rise. In a week, Germany

DAX index rose by 1.31%; The CAC index in Paris rose by 1.82%, while the FTSE 100 index in the UK also rose by 1.41%.

Australia's central bank raised interest rates less than the market expected, stimulating U.S. stocks to rise for two consecutive days at the beginning of the week, with a rapid rebound of more than 5%. However, the non-agricultural data released last week showed strong and beautiful

In the past few months, the Federal Reserve has successively raised interest rates in the hope of suppressing inflation by tightening the policy, one of which is to cool the hot labor market.

It shows that the Federal Reserve has made many moves recently, but the labor market is still hot. There is still a strong demand for labor in the market, which means that more consumers will come out.

Support prices; This strong employment figure supports the hawkish view of the Federal Reserve's sharp interest rate hike, which is expected to involve the upward trend of Wall Street; Take it as a week.

Yes, the Dow Jones index rose 0.99%, the S&P 500 index rose 0.71% and the Nasdaq Composite Index rose 0.53%.

Affected by the epidemic, coupled with the political conflict between China and the United States, there is a gap in global integration, the activity of the American manufacturing index shrinks, and the market is worried.

Considering the U.S. economic downturn, the downward adjustment of the U.S. dollar index has enhanced the attractiveness of gold, and the price of gold has gone from bottom to top, reaching a maximum of $1,729.6, although it is strong and non-agricultural.

Limiting the appreciation of the gold price, the gold price reached a low of $1,659.7 last week, and finally closed at $1,695. In a week's summary, the gold price rose by $34, rising continuously.

Two weeks.

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