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2022-11-24

November 24th

Today's amplitude range

The minutes of the Federal Reserve's interest rate meeting, which the market is eagerly waiting for Thursday morning, are finally revealed. There is a great chance of raising interest rate by 0.5% next month. Fed officials slow down the pace of raising interest rates, but

Higher ultimate interest rate to solve inflationary pressure is considered by the market as a dovish message. The gold market rose for two consecutive days. The suggested volatility today is $1,748 to $1,765.

Hong Kong stocks followed the trend of American stocks rising every other night, but the market was eagerly awaiting the minutes of the meeting of the Federal Reserve's interest rate meeting on Thursday morning. The transaction was relatively quiet, and the meeting was held yesterday.

But pay 100 billion Hong Kong dollars. The Hang Seng Index opened more than 30 points higher, with a maximum of 216 points, but the market was afraid that the minutes of the Fed's interest rate meeting would change, and investors were not very active.

City, the end of the market increase narrowed, closing at 17523 points, up 99 points or 0.57%. The international oil price plummeted, and new york crude oil futures fell below 80 dollars again, closing at 77.5.

Dollar, approaching the lowest closing price of this year set in September this year is less than one dollar. The fall in oil prices will help ease the energy crisis in Europe, plus the European economy yesterday.

The economic performance is ideal, among which the manufacturing purchasing managers' indices of Britain, France and Germany all rose month by month in October, and they were better than market expectations; Europe three

Big stock markets rose hand in hand, and Germany's DAX index rose by 0.05%; Paris CAC index rose by 0.32%, while Britain's FTSE 100 index rose by 0.19%.

The minutes of the Federal Reserve meeting were released. The report shows that all the participants agreed to raise interest rates by 75 points at the November meeting, but for the meeting in December

The probability of raising the interest rate by another 50 points is the highest; Most of the participants thought it was appropriate to slow down the rate hike in the near future. They generally agree with the slower ones.

Pace will enable the Committee to better assess the progress in achieving its goal of maximizing employment and price stability. Some participants commented that slowing down the rate hike could

To reduce the risk of financial system instability. Participants reiterated their firm commitment to restore inflation to the 2% target, and they continued to expect that in order to achieve enough

Strict policy stance, with the passage of time to lower inflation, it will be appropriate to continue to raise interest rates. A number of participants pointed out that due to inflation, there has been little so far.

There are signs of weakening, and the imbalance between supply and demand in the economy persists. The assessment of the final interest rate level required to achieve the Committee's goal is slightly higher than the previous forecast.

Period.

The economic data of the United States showed mixed performance, and the number of new jobless claims rose again. However, the sales of new homes in the United States once again exceeded 600,000 after a month, and disappeared.

The consumer confidence index is also positive, and the minutes of the Fed's interest rate meeting ended in doves, so the Fed has the greatest chance of raising interest rate by 0.5% in December.

In addition to the more inclined pressure to raise interest rates, the three major stock indexes on Wall Street rose across the board, with the Dow Jones index rising by 0.28%; While the S&P 500 index rose by 0.62%; Nasdaq

The composite index rose by 0.99%. The minutes of the Federal Reserve's interest rate meeting, which the market was waiting for on Thursday morning, were finally revealed. The minutes showed that the Federal Reserve raised interest rates by 0.5 in December.

%, but many participants pointed out that the current upward trend of inflation shows almost no signs of abating, and the evaluation of the final interest rate is slightly higher than this.

The previous expectations. Fed officials slowed down the pace of raising interest rates but used higher ultimate interest rates to solve inflationary pressure, which was considered by the market as a dove message, and the gold market rose for two consecutive days.

The lowest price of gold was $1,727.5, the highest was $1,753.5, and finally it closed at $1,749.6, up $9.6.

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