Weekly

Federal reserve trend

2023-02-22

 

February 22nd

Today's amplitude interval

The purchasing managers' index of the United States performed strongly in February, indicating that inflation in the United States is still high, the pace of the Fed's interest rate hike is heating up, and the US dollar index is back to 104 points.

Gold prices are under pressure. On Thursday morning, the Federal Reserve will release the minutes of the February meeting on interest rates, and investors should fasten their seat belts for the overnight session tonight. Keep yesterday's suggestion today.

Volatility, that is, $1,820 to $1,845.

According to the market, JD.COM Group will push the subsidy plan of 10 billion yuan to compete with Pinduoduo and implement the top rotten market. Of course, e-commerce and consumers are happy, but it is really hurtful.

JD.COM's share price plummeted by 8.5% before hurting others, which also caused a number of large-scale technology stocks to generally fall by more than 4%, and the Hang Seng Technology Index fell by 3.6%. In addition,

HSBC announced its results yesterday. Last year, its pre-tax profit fell by 7.3% and its share price fell by 2%. It also became an accomplice to the market decline. The Hang Seng Index finally closed at 20529, down 357 points or.

1.7%。


 
The euro zone released the manufacturing purchasing managers' index in February, and the latest data was 48.5, although the figure was lower than the market expectation, 49.3. European Central Bank President Lagarde

Come out and say that the European Central Bank intends to raise interest rates by 0.5% again in March. Her position is consistent with the previous method of Lien, chief economist of the European Central Bank, and the rate of interest rate increase is the same.

Obviously, the three major European stock indexes fell under pressure, and the German DAX index fell by 0.52%. The CAC index in Paris, France, fell by 0.37%, while the FTSE 100 index in Britain.

It fell by 0.46%.

Wal-Mart and The Home Depot, two large American retailers, announced their results on the same day, both of which were slightly higher than market expectations, but the two companies respectively said that they would lower their annual profits.

Li predicted that the earnings warnings issued by the company's top management lost market expectations and dragged down the market atmosphere; In addition, the US economic data showed strong performance, and the Federal Reserve expanded its interest rate hike.

As the logging heats up, the three major stock indexes on Wall Street fell by more than 2%, the Dow Jones index fell by 2.06%, the Standard & Poor's 500 index fell by 1.97%, and the Nasdaq Composite Index fell by 2.06%.

It fell by 2.5%.

The US economic data performed strongly, supporting the US dollar index to return to the high level in early November 2022, and the price of gold fell under pressure. The United States released purchasing industry data last night, which

The manufacturing figures are better than market expectations, while the service index is above 50, and the latest data is 50.5, which shows that inflation in the United States is still high and the market is still high.

The market is worried that the Fed will expand the pace of raising interest rates, and the US dollar index will return to 104. The gold market is under pressure, with a minimum of $1,830.3 and a maximum of $1,843.9.

The market closed at $1834.9, down $8.9.

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