Weekly

See high pressure for half a year

2023-01-05

January 5th

Today's amplitude range

The RMB continues to rise, approaching the high level since August last year, indicating that funds are reinvested in China, and there is just a need for RMB. The gold market will rise for two consecutive days in 2023, approaching.

It has been at a high level for more than half a year, but the minutes of the Federal Reserve's meeting on interest rates show that officials are worried about inflation, and they still cling to the policy of raising interest rates, saying that they will not cut interest rates this year. The price of gold

Start getting soft under $1,870. In fact, there is no contradiction between the determination of Fed officials not to cut interest rates and the market's expectation that the interest rate of the US Fed funds will peak this year.

The price of gold can still be seen as high, but the price of gold is much higher at $1,870, and it can be short at a close position. The suggested volatility today is $1,848 to $1,872.

As the customs clearance between China and Hong Kong is just around the corner, the investment sentiment is becoming more optimistic. It is hoped that inbound tourism after customs clearance will have a positive effect on Hong Kong's economy, and investment banks will boost Hong Kong's economy this year.

The forecast of growth, coupled with the continued rise of RMB, approaching the highest level since August last year, shows that the capital has been reinvested in China, and there is an urgent need for RMB, and financial assets have also benefited.

Helped the HSI successfully break through the 250-day moving average of the bull/bear index. After the HSI opened 174 points higher, it went up again and again, and finally closed up 647 points at 20793. Carry out in China

With the implementation of the epidemic optimization measures, the number of new infections in China suddenly dropped, fearing that the epidemic would hit China's demand for bulk commodities, and the international oil price was rapidly dropping, and you were suffering from arsenic.

Honey, the oil price has fallen, and it has become the best coolant for freezing inflation. The market expects that the European Central Bank will not raise interest rates excessively, and the euro zone stock market has risen sharply by more than 2%.

German DAX index rose by 2.18%; Paris CAC index rose by 2.19%, while Britain's FTSE 100 index rose by 0.41%.

The Federal Reserve released the minutes of the December monetary policy meeting in the early morning of this morning. The minutes show that policy-making officials are still determined to reduce inflation. Participants pointed out that Lao

The power market is still very tight, the unemployment rate is close to the lowest level in history, the salary growth is strong, and the number of job vacancies is high, which has become a hidden worry to push up inflation. And yes

Investors in the financial market bet that the Federal Reserve will start cutting interest rates before the end of 2023, making an unusual warning that they should not underestimate their high profits for a period of time.

The willingness of the rate means that it will be appropriate to continuously raise the federal funds rate, and no participant expected that it would be appropriate to cut the interest rate in 2023.

In December, the manufacturing index of the supply chain association of the United States continued to fall for two months, falling to the low level since May 2020. In addition, the survey of job vacancies and labor mobility in the United States showed that

It shows that the number of job vacancies decreased by 54,000 to 10.458 million in December last year, exceeding the expected number of 10.05 million, indicating that the job market is still strong. Labor and inflation data are good

Market risk, U.S. stocks took the lead in the European and Asian stock markets, but there was a storm in the middle. The minutes of the Federal Reserve's monetary policy meeting revealed that policy-makers didn't think they could cut interest rates in 2023.

The previous increase was erased immediately, but fortunately, the three major stock indexes on Wall Street ended up positive, with the Dow Jones index rising by 0.4%. The S&P 500 index rose 0.75.

%, the Nasdaq Composite Index rose 0.69%.

The renminbi continues to rise, coupled with the fall in international oil prices, and the gold market has reached its highest level in half a year. The strength of the US dollar is no longer strong, the US dollar index is faltering at 104 points, and the price of gold rises to

In June last year, the gold price reached a low of 1,836.2 in the early stage, and the highest rose to 1,865.2 USD, although the minutes of the Federal Reserve's monetary policy meeting revealed that policy-making officials still maintained a crackdown.

The determination of inflation, said that it will keep the policy of raising interest rates until the inflation data have positive support, and said that it will not cut interest rates in 2023, and the price of gold peaked and softened, finally reaching 1854.7 US dollars.

Yuan closed, up 15 dollars.

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