Weekly

December 7th

Today's amplitude range

Global economic growth has deteriorated, inflation has become the culprit, and the interest rate increase of the Reserve Bank of Australia will trigger the attitude of the United Kingdom, the European Central Bank and the United States Federal Reserve to discuss interest rates again.

The market tends to be conservative, U.S. stocks fall, the U.S. dollar index rises to the middle level of 105, and the gold price can only close slightly. It is expected that the upward trend of gold price will not continue today. today

Suggested daily volatility is $1,759 to $1,775.

The rating agency Reputation lowered its global economic growth forecast again because the global central banks are competing to raise interest rates to suppress inflation, which ultimately affected economic growth, since the last time in September.

The forecast growth of 1.7% was lowered to the latest 1.4% again. Among them, China will be affected by the deterioration of the real estate market in the Mainland, and China's economy will slow down.

China's economic growth forecast has also been lowered from 4.5% to 4.1%. Yesterday, Hong Kong stocks opened lower by more than 300 points, and the low market position is now accepted. Finally, the market decline narrowed to

At 7 o'clock or 0.4%, the Hang Seng Index closed at 19,441.

The Reserve Bank of Australia announced yesterday that it would raise the interest rate by 0.25% to 3.1%. The latest central bank interest rate has become the highest in 10 years, and the Reserve Bank of Australia issued hawkish news.

Interest rate, saying that it will insist on the need, and will adopt a more active interest rate hike to cool the inflation forecast. I believe that the attitude of the Australian Federal Reserve reflects the following of the Bank of England and the European Central Bank

The atmosphere of monetary policy was discussed last week. All three major European stock markets reported a decline, and the German DAX index fell by 0.7%. Paris CAC index also fell by 0.14; % FTSE UK

00 index fell 0.56%.

Fitch also lowered the US economic growth forecast by 0.3 percentage point to 0.2%, mainly due to the tightening of its monetary policy and the Reserve Bank of Australia.

After the analysis of inflation by raising interest rates, investors reassessed the path of the Fed raising interest rates in the future. The three major stock indexes of Wall Street fell across the board, and the Dow Jones index fell by 1.03%.

The S&P 500 index fell by 1.44%; The Nasdaq Composite Index fell 2.01%. Global economic growth has deteriorated, inflation has become the culprit, plus the Reserve Bank of Australia and Canada

Interest rates will trigger the attitude of the United Kingdom, the European Central Bank and the United States Federal Reserve to discuss interest rates again. The market tends to be conservative, US stocks fall, and the US dollar index rises to the middle level of 105.

Yesterday, the highest price of gold was $1,780.9, but there was obvious pressure. The lowest price of gold was $1,767.4, and finally it closed at $1,771, up $2.2.

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