Weekly

run/break a blockade

2022-12-01

December 1st

Today's amplitude range

A number of economic data in the United States are biased towards the doves of the Federal Reserve, and Powell, the chairman of the Federal Reserve Board of the United States, has not lived up to investors' expectations, saying that it may slow down the rate hike from December.

Cut, the price of gold rose by 18 dollars. It is expected that the gold market will rise further, challenging the key position of the bottom-top reversal launched in March. Today's suggested volatility is $1768 to $1784.

Yuan.

Georgieva, Director-General of the International Monetary Fund, said that he called on China to abandon its strict containment measures and respond to the COVID-19 outbreak in a more targeted way. Also have

Scholars have commented that the mainland government has an insight into the political crisis, and the long-term blockade in the past three years has caused deep resentment among the people. The demonstrations of fear visits are out of control, and the defense will be relaxed as soon as possible.

Epidemic restriction, and it is expected that the current dynamic zero elimination policy will be replaced by a new policy in the second half of next year; Yesterday afternoon, the media reported that Guangzhou, which had the largest number of infection cases in the Mainland, suddenly

However, a notice was issued, which was called the optimization of prevention and control measures. Many areas immediately lifted the temporary control areas, and the news detonated the market! Hang Seng Index closed at 18,597 points, up 392.

Or 2.2%.

China suddenly optimized its epidemic prevention measures, and investors looked forward to the normalization of the global supply chain, but inflation was still the top priority. The media reported that the European Central Bank was trying to reduce market liquidity.

, decided to try to suspend the asset purchase plan and the emergency anti-epidemic bond purchase and re-investment policy next month. In fact, the annual rate of consumer price index in Europe is back to 10%.

It is expected that the European Central Bank will not have more aggressive measures to raise interest rates. The three major European stock markets rose across the board, and the German DAX index rose by 0.31%; Paris CAC means

The number rose by 1.04%, and the FTSE 100 index rose by 0.79%.

Yesterday, a number of data were released in the United States. The GDP grew by 2.9% quarter by quarter, which was better than expected, while the small non-agricultural sector recorded a decline, among which the number of people in manufacturing and business services fell.

While the salary survey leveled off, the actual personal expenditure fell quarter by quarter, but the decline was not as good as the market expectation. The data was biased towards the dovish attitude of the Federal Reserve, while the United States

Powell, the chairman of the Federal Reserve Board, also lived up to investors' expectations, saying that it might slow down the rate hike from December. The three major Wall Street stock indexes soared, and the Dow Jones index rose by 2.18%;

The S&P 500 index rose 3.09%; The Nasdaq Composite Index rose 4.41%. The gold market rose early yesterday, but in the European market, the market was afraid of American super data.

The release of the product will affect the fluctuation of the gold market, with many people leaving the market, and the price of gold has returned to its perfect shape. The lowest price of gold has dropped to $1,745, but the market has been waiting for the chairman of the US Federal Reserve for many days.

Powell delivered a speech, which finally ushered in good news last night. Powell said that the authorities might slow down the pace of interest rate increase from December, suppressing the multi-day bull's immediate efforts.

The price of gold rose, reaching a peak of $1,770, and finally closed at $1,768.2, up $18.6.

For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator.
https://t.me/mingtak



Previous Article Next Article