Weekly

Unilateral rise

2023-01-04

January 4th

Today's amplitude range

The gold market got off to a good start in 2023, and started to fluctuate after 120% flag last year. By yesterday, it finally broke through the long-term supply area of $1,780 to $1,830, two

It rose to $1,850 before turning back, and the closing enterprises closed at nearly $1,840. I hope that the interest rate of the US Federal Reserve Fund will peak this year, and then the price of gold will be even better.

For this reason, coupled with the expectation of RMB appreciation, the gold market has a great chance to deduct the 1900 mark. Yesterday, it hit the high in December last year, and the current price is 1840 USD.

Good bottom, another $1,870. The suggested volatility today is $1,830 to $1,848.

China has re-granted tourist visas for China residents, but many countries around the world are worried that China tourists will bring variant virus strains, and they have stepped up their requirements for China immigrants.

They are required to produce a 48-hour nucleic acid negative report; However, investors' lazy travel restrictions only focus on the expectation of China's economic restart, and the RMB is significant.

Higher, helping Hong Kong stocks get off to a good start on the first trading day in 2023! Hong Kong stocks opened lower and closed higher. After the Hang Seng Index opened lower by more than 200 points, the decline had expanded to 477 points, RMB

Going higher, the Hang Seng Index bends over its waist and returns to the level of 20,000 points. The Hang Seng Index finally closed at 20145, up 363 points or 1.84%.


Last month, the UK manufacturing purchasing managers' index hit a low level since May 2020. Coupled with the improvement of German labor data, the number of unemployed people unexpectedly dropped, and domestic

The annual rate of the consumer price index dropped to 8.6%, and the inflation data paused. The market expects the ECB to increase interest rates in the future, and the three major European stock markets are on the whole.

L, the DAX index of Germany rose by 0.8%; Paris CAC index rose by 0.44%, while Britain's FTSE 100 index rose by 1.42%. Undertake the performance of Asian and European stock markets, the United States

The stock market opened up, tram stocks went to extremes, and the share of the top tram companies was competed by peers from China. In addition, the delivery volume in the fourth quarter of last year was lower than expected, and the stock price was in a hurry.

It fell by 13%, dragging down the Nasdaq Composite Index, which is dominated by technology stocks. In addition, Germany's inflation data cooled faster than market expectations, and the euro plunged sharply, creating

The rise of the US dollar suppressed the rise of the US stock market. The three major stock indexes on Wall Street ended up falling, and the Dow Jones index fell by 0.04%. Standard & Poor's 500 Index fell 0.41%, Nasda

The composite index fell by 0.76%.

Since the United States entered the interest rate hike cycle in March last year, the price of gold has been under pressure many times due to the rising interest rate, but it reached a half-year high last week, although it still dropped slightly by 5 US dollars year by year.

Yuan, the market expects that the interest rate of the US Federal Reserve Fund will peak this year, when the gold price will be more promising. Coupled with the expectation of RMB appreciation, investors are not afraid of the dollar index.

After strong growth, the gold market rose unilaterally, rising to $1,849.9 twice, and finally closed at $1,839.7, rising by $15.9.

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