Weekly

December 6th

Today's amplitude range

The performance of US economic data was unexpectedly better than market expectations. The pressure of the Federal Reserve's interest rate hike triggered negative sentiment in the market. The price of gold increased immediately after hitting $1,810 yesterday.

It's falling fast. Last week's rise above $1,800 seems to be false, and the journey of gold price bottoming is underway. The suggested volatility today is $1,759 to $1,778.

Xi Jinping, president of the State Council, told EU officials visiting China that the lethality of the virus in China was weakening, and the market expected that a "basket" of factors had opened the gap.

Speeding up the relaxation of epidemic control measures in the Mainland, the market expects that China's economic activities will speed up the recovery, and the rise of the mainland stock market, coupled with the fall of RMB against the US dollar, will also drive it.

Hong Kong stocks continue to rise. The Hang Seng Index opened more than 500 points higher yesterday, and the market turnover was positive. HKEx recorded the highest turnover in more than half a year, and the turnover increased to

Nearly 220 billion yuan, 19,000 points broke in one fell swoop and closed at 19,518 points. The Hang Seng Index closed up by 842 points or 4.51%.

The purchasing managers' index of service industry in Germany and France declined, coupled with the negative growth of retail sales in the euro zone. The data was unfavorable to the risk market, and the European stock market failed.

Follow the rising trend of Asian stock markets. On the other hand, Russia said it would not comply with the oil price ceiling measures proposed by the seven major industrial countries, threatening to suspend oil exports, and ordered

Europe's energy crisis has further intensified, and the three major European stock markets have developed separately, with Germany's DAX index falling by 0.56%; Paris CAC index also fell by 0.67; % British rich

The 100 index rose by 0.17%.

The purchasing managers' index of American service industry fell slightly less than expected, but the purchasing managers' index of American Supply Chain Association unexpectedly rose, causing the market to worry about the Federal Reserve.

May continue to tighten monetary policy, leading to an increase in the probability that the United States will fall into recession. On Monday, the three major stock indexes of Wall Street fell across the board, with the Dow Jones index falling by 1.41.

%； The S&P 500 index fell by 1.79%; The Nasdaq Composite Index fell by 1.93%. U.S. economic data unexpectedly outperformed market expectations, and the Federal Reserve added

Interest rate triggered negative sentiment in the market, and the US dollar was once again welcomed by the market, and the US dollar index stabilized at 105 levels. The price of gold hit $1,810 yesterday, which led to short selling.

The price of gold gradually dropped, and after the release of the US data, the gold market dropped significantly, reaching the lowest price of $1,765.9, and finally closing at $1,768.9, down by $28.9.

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