Weekly

Oscillate back and forth

2022-12-15

December 15th

Today's amplitude range

As expected by the market, the Federal Reserve Board announced the last interest rate increase this year in the early morning, with an increase of 0.5%, which is slightly milder than the last four consecutive interest rate increases of 0.75%.

However, the bitmap shows that the authorities raised the peak median interest rate of the current interest rate hike cycle to 5.1%, higher than the estimated level of 4.6% in September, while Reserve Chairman Bowie

In his speech, he also hinted that the peak interest rate may still be raised. The gold market once fell below $1,800, but the low level is supported. The gold market is expected to be at 18.5% by the end of the year.

00 dollars. The suggested volatility today is $1,795 to $1,815.

Due to the rising number of people infected with Covid-19 in Beijing, it was reported in the market that the Central Economic Work Conference, which was originally decided to be held today, would be postponed, but it was finally confirmed.

The meeting was held on time, which strengthened the confidence of the market. The market is looking forward to the day when China will be fully opened and closed. Hong Kong stocks rose nearly 180 points at the highest, but the market

Looking at the results of the Federal Reserve's interest rate discussion in the early morning of this morning, the final increase was halved, only up 77 points or 0.39%, and the Hang Seng Index closed at 19,673 points. The euro zone announced October yesterday.

The industrial production index, the number continues to fall, the shadow of the recession in Europe is lingering in the market, and the market is waiting to see what the Federal Reserve will announce later.

As a result of the interest rate discussion, investors chose to wait and see. The three major European stock markets fell across the board, and the German DAX index fell by 0.26%, but; Paris CAC index fell 0.21%,

Britain's FTSE 100 index fell by 0.09%.

Early this morning, the Federal Reserve, as expected by the market, slowed down the rate hike and raised the federal funds rate by 50 points. However, Powell, the chairman of the US Federal Reserve, made the announcement in the interest rate meeting.

Later, I pointed out to reporters that it may be necessary to maintain restrictive monetary policy for a period of time, and in order to suppress inflation, the ultimate peak profit of the Federal Reserve is not guaranteed.

The rate will still be adjusted upwards. The three major Wall Street stock indexes fell across the board, with the Dow Jones index falling by 0.42%; The S&P 500 index fell 0.61%; Nasdaq composite index

The number fell by 0.76%. As expected by the market, the Federal Reserve announced a 0.5% interest rate increase at 3 am this morning, ending the violent interest rate increase of 0.75% for four consecutive times.

The recent decline in inflation data in China supports the decision of Fed officials, but the bitmap shows that the authorities raised the peak median interest rate of this interest rate hike cycle to

5.1%, higher than the estimated level of 4.6% in September. In his speech, Powell, chairman of the Reserve Board, also hinted that the peak interest rate could still be raised. The gold market is announcing interest rates.

As a result, it fell below the $1,800 mark, with the lowest price at $1,795.5 and the highest price at $1,814.3, and finally closed at $1,807.5, down $3.3.

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