Weekly

October 18th

Today's amplitude range

The British political arena is on the rise, British Prime Minister Zhuo Huisi apologizes, and the new British finance minister Hou Junwei takes office, canceling the large-scale proposal made by former finance-related Hao Ting.

The tax reduction plan, which has no source of funds, also took the opportunity to resolve the storm of public grievances caused by "tax exemption for the rich", temporarily quelling a political chaos in Britain, and the pound was exchanged for

At one point, the US dollar rose by more than 2%, causing the gold price to rise. It is expected that the US dollar index and the yield of ten-year treasury bonds will remain strong after the hawkish attitude of the Federal Reserve, and the price of gold will remain high.

Empty. The suggested volatility today is $1,635 to $1,658.

Affected by Federal Reserve official Brad's "front-loading" rate hike strategy, U.S. stocks plunged last Friday, and Hong Kong stocks followed the decline. The Hang Seng Index opened lower by more than 100 points. Earlier,

The selling pressure increased, falling by 278 points at most, hitting an 11-year low. The 20th meeting of the Chinese Communist Party in the Mainland is still not over. In order to show the country's voice and the merits of the chairman, the mainland stock market is bright.

The stock market rose, and Hong Kong stocks regained lost ground. Finally, the Hang Seng Index rose by 25 points or 0.15% to close at 16,612 points. British Prime Minister Zhuo Huisi abandoned his car to protect his handsome, England

Chancellor of the Exchequer Guan Haoting did not shorten the visit of the International Monetary Fund in the United States last week, in order to be asked to resign, and the new British Chancellor Hou Junwei took up his post.

Ren, canceled the large-scale tax reduction plan that was proposed by the former finance and had no source of funds, and also took the opportunity to resolve the storm of public grievances caused by "tax exemption for the rich"

British pound rose by 1.64% against the US dollar after a political turmoil in Britain.

In addition, the media reported that Credit Suisse, the European investment bank with a credit crisis, was given consideration for capital injection by Middle East funds, which drove the overall European stock market to rise, and the German DAX index rose.

1.73%； Paris CAC index rose by 1.83%; Britain's FTSE 100 index rose 0.89%. Investors are concerned about the impact of American companies after the Fed's repeated interest rate hikes,

Yesterday, Bank of America was the first to announce its results, announcing that its quarterly profit and revenue exceeded the market forecast. The news boosted market sentiment. Plus the manufacturing in new york this month.

The data of the industry was significantly worse than expected, and investors hoped that the Fed would have a chance to turn around. The three major indexes of Wall Street rose across the board, with the Jones index rising 1.87% and Standard & Poor's.

The 500 index rose by 2.66%, while the Nasdaq Composite Index rose by 3.43% in retaliation.

When Hou Junwei, the new British chancellor of the exchequer, took office, he immediately canceled the large-scale tax reduction plan made by the former chancellor of the exchequer, which had no source of funds, boosting the value of the pound against the US dollar.

The rally, coupled with the call of ECB officials that the ECB must withdraw its support measures as soon as possible and not stop monetary tightening policy prematurely, caused the US dollar index to fall below 113.

Level, the price of gold rose unilaterally at the opening of the market, reaching a maximum of $1,668.5, and finally closed at $1,650.8, up $6.3.

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