Weekly

Slight rise

2023-02-21

February 21st.

Today's amplitude interval

The market is concerned about the Fed's interest rate decision and expects to seek clues in the minutes of the February Fed meeting released later this week. The gold market was in the United States yesterday.

The wait-and-see atmosphere during the holidays has become strong, but this week, the United States will release the personal consumption expenditure price index, and the data will also be distributed among the eagle and pigeon camps in the Federal Reserve.

It is expected that long and short investors will compete fiercely in the 50-day and 100-day moving averages. Today, the proposed volatility of yesterday, namely $1,834 to $1,850, is retained.

Yesterday, the People's Bank of China announced the quoted interest rate of the loan market of the Central Bank of China, keeping the one-year interest rate unchanged at 3.65%, so as not to increase the pressure on the loan market after the normalization.

Force. There is positive news in the science and technology sector. Online games, which were once strictly controlled by President Xi, have come to life. The official media reiterated that the game industry has scientific and technological value. In addition,

It is said that China Telecom is developing artificial intelligence chat robots, and the Hang Seng Technology Index rose by 1.3%, which helped Hong Kong stocks rebound successfully yesterday, and the Hang Seng Index finally rose by 167 points.

Or 0.81%, closed at 20886 points.


Lian En, chief economist of the European Central Bank, said that while the current core inflation is still high, it is suggested that the European Central Bank should raise interest rates further. He also said that,

Not in favor of rushing to start discussing interest rate cuts; In addition, the market is also concerned about the trend of the Fed's interest rate hike, and investors are waiting to see the Fed's meeting on Thursday.

Yes, the three major European stock indexes closed slightly lower, and the German DAX index fell by 0.01%. The CAC index in Paris, France fell by 0.12%, and the FTSE 100 index in Britain fell by 0.16%.

The United States is closed for holidays.

During the US President's Day holiday, the gold market closed after the completion of the European market, and the gold market rose slightly. The market is concerned about the Fed's interest rate proposal and expects to make it public later this week.

In February, the minutes of the Federal Reserve meeting sought clues, and the wait-and-see atmosphere of the gold market in the US holiday became stronger, with fluctuations of only $10, gold.

The lowest price in the market was $1,837.4, and the highest price was $1,847.6. It closed at $1,843.8, a slight increase of $1.2.

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