Weekly

October 12th

Today's amplitude range

The International Monetary Fund lowered its global economic growth forecast for next year, which once boosted the attractiveness of gold. However, US Federal Reserve official Meister said that it was impossible to say.

The degree of table reduction is obvious, but it can be expected that the Federal Reserve will not cut interest rates in 2023, and the hawkish attitude of the Federal Reserve has always suppressed the stock market. Today's suggested volatility is 1652 US dollars.

To $1,670.

The SEC pointed out that New Oriental could not provide the accounting working papers to the institutions for review, which may lead to the delisting crisis, causing the technology stocks to plummet. In addition, the price of the house debt

The sharp drop in housing prices indicates that the market has insufficient confidence in the real estate enterprises, and the house leaks have been raining all night. Moody's, a rating agency, decided to cancel the evaluation of Kaisa and China Evergrande.

Grade, the selling pressure of indoor stocks increased. Hong Kong stocks fell to an 11-year low, and the Hang Seng Index closed down 384 points or 2.2% to 16,832 points. According to the International Monetary Fund,

Due to the tightening of monetary policy by the global central bank, the rising interest rate is leading to the economic slowdown in the United States, while Europe is also in an energy crisis due to the Russian-Ukrainian war, plus China.

The positive policy of clearing the epidemic situation in COVID-19 has weakened the productivity, and the real estate credit crisis in China has not been lifted.

It is expected that the global economic growth rate will further slow down in 2023, and the forecast of next year's global GDP will be lowered again, from the forecast of 2.9% growth in July to 2.7%.

The three major European stock markets fell, and the German DAX index fell by 0.44%; Paris CAC index fell by 0.13%; Britain's FTSE 100 index fell by 1.02%. Individual US stocks yesterday

Development, the latest consumer inflation data released by the United States yesterday declined, and investors expected the Fed to raise interest rates to cool down, stimulating the Jones index to rise by 0.12%, but Xindong

Fang Cheng was the first China Stock Exchange that failed to provide accounting papers to the SEC for auditing, which triggered the delisting crisis of China Stock Exchange again. The Nasdaq Composite Index was low for more than two years.

, closing down 1.1%, and the S&P 500 Index was also dragged down, falling 0.63%.

According to the Federal Reserve's report, the increase of house prices in the United States fell to the lowest level since June 2020 in September, and last month, household expenditure recorded the largest decline in history, and the latest decline.

Consumer inflation is expected to drop to 5.4%, down 0.3% from last month, and the figure has dropped for four months in a row. In addition, the International Monetary Fund lowered the global economic growth next year.

The forecast once boosted the attractiveness of gold, and the highest price of gold rose to $1,684. However, US Federal Reserve official Meister said that it was impossible to explain the degree of shrinking the watch.

But it can be expected that the Federal Reserve will not cut interest rates in 2023. The hawkish attitude of the Federal Reserve led investors back to reality, and the price of gold fell "inverted V", with the lowest price.

$161, and finally closed at $1666.2, down $2.1.

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