Weekly

October 31st

Today's amplitude range

With the exception of Japan and China, most central banks around the world use interest rate hikes to curb inflation. Recently, they have followed the trend of the Federal Reserve. Although the US dollar has recovered from a high level.

However, Canada's central government took the lead in slowing down its pace, which inevitably provoked market reverie; Investors are concerned about the results of interest rate discussion announced in the early hours of Thursday morning, but it is expected that the Federal Reserve will be better

The mentality of doing more is better than doing less will appear, and the result of raising interest rate by 75 points this week will be as stable as Mount Tai. Under the premise of raising interest rates, the gold market will still be under pressure. Today's suggestion wave

From $1,630 to $1,650.

At the end of the 20th Congress of the Communist Party of China, Ji Jinping broke the routine and became president for the third consecutive term. The market was concerned about the shift change of the new official in charge of finance and finance.

However, it is expected that the new prime minister will lean to the extreme left, because in terms of seniority, Li Keqiang, who is more enlightened, is not on the list of the new CPC Central Commission for Discipline Inspection Standing Committee, which proves the enlightened economy.

It's not the tea of the chairman of the idea collection. It is expected that market economy measures will be more inclined to the common prosperity policy put forward by the chairman, and also more inclined to new communism, which will make investors worry.

Considering that the era of China's reform and opening-up proposed by Deng Xiaoping is coming to an end, the economic prospect is difficult, and the momentum of capital investment continues. Hong Kong stocks opened lower and closed lower last week, Hang Seng Index

It fell 1348 points or 8.3%, and closed at 14863 on Friday, the lowest closing price since April 28, 2009.

Once again, Britain changed its phase, and the new Prime Minister Xin Weicheng was born in finance and was familiar with financial affairs. His vigorous and vigorous policies generally won the support of political parties and reached the basic market.

People's applause, it is expected that he will end the British political turmoil after taking office, a stable political situation is conducive to officials in charge can focus on economic issues, and the pound is low.

It rose by 12% against the US dollar. The European Central Bank announced the results of interest rate discussion yesterday, raising the three major interest rates by 75 points. This rate hike is the second in a row in Europe.

The interest rate increased by 0.75%, but the inflation situation in the euro zone has not improved, and the recent annual inflation rate is as high as 9.9%. With the rise of interest rates and market volatility,

Many financial institutions in the euro zone have performed well. In a week, all three major European stock markets rose, and the DAX index in Germany rose.

4.03%； Paris CAC index rose by 3.94%; Britain's FTSE 100 index rose by 1.22%.

The economic data released by the United States last week were mixed. The gross domestic product of the United States in the third quarter was better than expected, but the year-on-year income was worse than the market expectation. labour

In terms of data, the number of initial jobless claims continued to increase last week, but the growth rate was lower than that of the market. And the core durable goods orders are even more unexpectedly retrogressive, Zhou

The employment cost index of 5% is still on the high side, but the core personal consumption expenditure price index has increased by 5.1% year-on-year, which is lower than expected. The market expects that the Federal Reserve will only raise it again.

The high interest rate is 0.75% more, and there will be no advance mode, which temporarily relieves the pressure of interest rate increase. Last week, the three major Wall Street indexes were all successful, and the Dow Jones index rose.

5.72%； The S&P 500 index also rose by 3.94%; The Nasdaq Composite Index rose 2.24%.

Last week, the economic data of the United States went to extremes, but the employment cost index and the personal consumption expenditure price index, two important inflation indicators that the Federal Reserve paid more attention to, were on a chain-by-chain basis.

However, there is a steady upward trend, highlighting that the continuous pressure will keep the central bank's attitude of raising interest rates substantially. Investors in the gold market are keeping a close eye on this week's Fed meeting.

Interest rate meeting, the market expects the Fed to raise interest rates by 75 points again, and the haze of raising interest rates lingers. Today, the market tumbled last week, with the highest price of gold reaching 16 last week.

$75, the lowest is $1638.1, and it closed at $1644.3 last Friday. In a week, the price of gold fell by $13.3.

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