Weekly

November 2nd

Today's amplitude range

The two-day Fed meeting on interest rates was held yesterday, and there was a strong wait-and-see atmosphere in the market. As seen yesterday, the probability of raising interest rate by 75 points this week has dropped to

85%. In fact, the market has predicted that the Fed would rather do more than do less. It is imperative to raise interest rate by 0.75% this month, but it is the Fed.

Long Powell's attitude toward raising interest rates in the future is the focus. Today's suggested volatility is $1,630 to $1,653.

Due to the epidemic situation, coupled with the strict zero elimination policy of the state, the intermittent measures of sealing and controlling shooting in different regions have dragged down the whole domestic economic activities and affected the manufacturing production.

And demand, the mainland's Caixin China Manufacturing Purchasing Managers Index contracted for the third consecutive month in October, with the latest figure of 49.2, up 1.1 points from September and higher.

At the market expectation of 48.5, the mainland stock market opened higher, and Hong Kong stocks also took advantage of the short positions. The Hang Seng Index surged by more than 900 points at most yesterday. Although the closing increase narrowed, it was still.

Up 768 points or 5.2% to close at 15,455 points.

The new British Prime Minister, Xin Weicheng, prescribed the right medicine, saying that it was inevitable that everyone would have to face tax increases to deal with Britain's fiscal black hole. Xin Weicheng was familiar with financial affairs, which would help improve Britain.

China's economic situation. Yesterday, the purchasing managers' index of manufacturing industry in the UK rebounded after shrinking for the second month in a row. Although it is still below the dry line of 46.2, it has already surpassed the market.

It is predicted that the FTSE 100 index in the UK will rise by 1.35%. Although the annual inflation rate in the euro zone has risen to an all-time high of 10.7%, the market still hopes that the international oil price will fall, which will improve its performance.

The DAX index of Germany rose by 0.6% due to the worsening inflation caused by the source crisis; Paris CAC index rose by 0.98%.

US stocks opened higher and closed lower. Because the purchasing managers' index of institute for supply management's manufacturing industry is better than the market expectation, and the number of job vacancies in the US labor mobility survey report is in September.

There were 440,000 job vacancies, and the strong economic data stimulated the three major indexes of US stocks to open higher. However, the market was obviously concerned about the two-day interest rate meeting started by the Federal Reserve yesterday.

Investors tend to be conservative. The Wall Street stock market finally fell on the first trading day in November, and the Dow Jones index fell by 0.24%. While the S&P 500 index also fell by 0.4.

1%； The Nasdaq Composite Index fell 0.89%.

When the mainland stock market rises, the state will intervene in the foreign exchange market again; The Reserve Bank of Australia announced the result of interest rate yesterday, with a moderate interest rate increase of 0.25%. The rate increase was in line with market expectations, and the Australian dollar

Once the US dollar fought back, and the Bank of England also announced the result of interest rate this week, the market predicted that it would follow the pace of interest rate increase in the United States, and the pound stopped its decline. The US dollar

The index was slightly lowered, and the gold market rebounded, with the highest gold price reaching $1,657.1. However, due to the two-day Fed meeting held yesterday, investors were cautious and closed.

The increase narrowed to close at $1,647.9, with the lowest gold price at $1,630.8, rising by $14.3 throughout the day.

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