Weekly

Wait for a breakthrough

2022-11-17

November 17th

Today's amplitude range

The U.S. Federal Reserve raised interest rates by 50 points in December. If it is really calculated according to this rate increase next month, it will be only 50 points short of the latest rate of the Federal Reserve.

The market has gradually digested this message, the strength of the US dollar has come to an end, the tone of the gold market is still optimistic, and the gold market has hovered at a high level recently, which seems to be waiting for a breakthrough. today

It is suggested that the wave amplitude should be 1770 USD to 1792 USD. If the wave exceeds 1785 USD, speculative raising can be made, and 3 mosquitoes can stop the erosion.

According to the Mainland Development and Reform Commission, looking forward to the whole year, China's economic growth rate is expected to further accelerate. Because of a series of stable economic policies implemented by the state earlier, the effect will be

In the fourth quarter, investment confidence will continue to increase. However, the mainland market still fell yesterday; After three consecutive days of rising, Hong Kong stocks finally shook and turned down; Hong Kong stocks opened lower.

Yesterday, the Hang Seng Index dropped by 245 points, but it was supported at 28,000 points, and the decline narrowed at the close. The Hang Seng Index closed at 18,256 points, down 86 points or 0.47%.

Early on, Russian troops launched the most frequent missile attack on Ukraine since the start of the war, and one missile was launched on neighboring Poland, which is a NATO ally, and the president of Poland planned it.

Whether to send an aid signal to NATO or not, the market is sensitive to geopolitics, which has pulled the negative sentiment of investors. The three major European stock markets are all down, and the UK

The FTSE 100 index fell by 0.26%; German DAX index fell by 1%; Paris CAC index fell 0.52%. The retail sales data released by the United States yesterday beat market expectations,

However, the retail sector fell, because the American department store "Target" announced the third quarter results, saying that in response to the deterioration of the market environment, the Group implemented a higher price reduction rate.

The quarterly net profit dropped by 52% due to the rising freight cost of commodities, the increase in the number of employees and the increase in labor pay, and the revenue from the end of the third quarter to the fourth quarter is expected.

People will still be weak.

November and December are big holidays in the United States. The extremely negative outlook has increased market pressure. The three major stock indexes on Wall Street retreated, and the Dow Jones index fell by 0.12%. And standard

The S&P 500 index fell 0.83%; The Nasdaq Composite Index fell by 1.54%. Yesterday, a number of Fed officials spoke, among which Daley said that the final interest rate of the Fed was set at

The range of 4.75% to 5.25% is reasonable, but to reiterate this moment, it is still not the time to consider suspending interest rate hike. Waller said that the recent market data performance made

He feels more at ease about raising interest rate by 50 points next month. The Federal Reserve raised interest rates by 50 points in December, and the gold market is still hovering at a high level, waiting for a breakthrough. The lowest price of gold

$770.4, the highest rose to $1,785.1, and finally closed at $1,773.7, down $4.6.

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