Weekly

Repeated testing

2023-02-01

February 1st.

Today's amplitude interval

One more data shows that inflation in the United States shows signs of easing. The latest employment cost in the United States shows that labor costs are decreasing. The market expects the Federal Reserve to be on Thursday.

The policy of raising interest rates by 0.25% was implemented in the early morning, and I believe that the interest rate increase cycle will end this year. The gold market fell by nearly $1,900 and then rebounded in a V shape, showing the gold price again.

Can get good support at $1900. At 3 am tomorrow, the Federal Reserve will announce the result of the interest rate discussion, which fluctuates greatly. Today, the suggested fluctuation range is 1914 US dollars to 1942 US dollars.

Dollars.

The property prices in Hong Kong have fallen, and there have been many cases of concession in the market. Some experienced building speculators even warned the market that it is not time to get on the bus! And the weakness of the property market

The trend is also reflected in the mortgage risk of banks. The HKMA released the data of negative assets in the last quarter yesterday, and the latest news figure at the end of the fourth quarter was 12,164, an 18-year high.

Bit. Although the HKMA emphasizes that the recent increase in negative assets does not constitute the credit risk of banks, market sentiment will inevitably be affected; The HSI opened higher and closed lower, once.

It fell more than 400 points, and the decline narrowed after the period, and finally fell by 227 points or 1.03% to close at 21,842 points.


 
Investors are concerned about the results of the interest rate meeting of the Federal Reserve, the European Central Bank and the Bank of England, and their attitude towards entering the market has become cautious, although the latest gross domestic product in the euro zone

The value is better than expected in last quarter, but it can only make the two major stock indexes in the euro zone rise respectively. The DAX index in Germany and CAC index in Paris, France rose slightly by 0.01%, and the British stock market.

Then the market fell, and the FTSE 100 index in the UK fell by 0.17%. One more economic data proves that after the US Federal Reserve started the interest rate hike cycle last year, it has been gradually

Step by step, the inflation growth momentum will be suppressed. According to the latest data of the US Department of Labor, the employment cost increased by 1% quarterly in the last quarter, which is the slowest quarterly growth rate since 2022.

Performance, showing that labor costs are falling; The data is favorable for the Federal Reserve to implement the expectation of raising interest rates by 25 points. The three major stock indexes on Wall Street rebounded more than 1% across the board, saying

The Jones index rose 1.09%, the Standard & Poor's 500 index rose 1.46%, and the Nasdaq Composite Index rose 1.67%.

On the eve of the Fed's interest rate hike, the gold market fell first and then rose. The price of gold fell when the market opened. After falling below the support of $1,920, bears swarmed out, and the price of gold fell further. In Europe,

The lowest market time is $1,900.9, the labor cost in the United States is lowered, and the performance of the consumer confidence index is worse than market expectations. Investors expect the Fed to increase.

The interest rate cycle will end this year, and the gold market will rebound in a V-shape, with the highest price of gold reaching $1,931.2 and closing at $1,928.2, up $5.

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