Weekly

Reproduce this year's low

2023-02-24

February 24th

Today's amplitude interval

The United States announced that the number of initial jobless claims recorded last week was 192,000, and the number dropped for three consecutive weeks, indicating that the labor market has strong resilience.

In addition to supporting the high prices, the market is also worried that the Federal Reserve will have to revise the interest rate hike policy upwards, and the gold market has seen a new low this year. There is beauty tonight.

The price index of core personal consumption expenditure, which the Federal Reserve is extremely concerned about, is very weak. Both sides will fight for fire with all their strength. Can bears break through the 100-balance moving average and where are the bulls?

Find a stronghold? The expected market figures are temporarily weak, but there are still two hands to prepare, and the nearly 200-balance moving average can bounce back. Today's suggested volatility is $1,808 to $

1830 dollars.

The minutes of the February meeting of the Federal Reserve in the early hours of the morning revealed that a small number of participants supported raising interest rates by 0.5%. Coupled with the recent strong economic data, it gradually turned to hawks.

The policy moved closer, and the Dow fell under pressure every other night. The Hang Seng Index opened 84 points lower, and then benefited from the rise of RMB. At one time, it rose by nearly 180 points, but it fell back again.

The index finally closed at 20351 points, down 72 points or 0.36%. Inflation in the euro zone has cooled slightly. Yesterday, the European Central Bank announced the consumer price index of the euro zone residents in January.

Number, an increase of 8.6% year-on-year, the result is as predicted by the market, but it is less than the growth of 9.2% last month. The market expects the European Central Bank to raise interest rates by the end of this year.

At the end of the interest rate hike cycle, the three major European stock indexes finally developed individually, and the German DAX index rose by 0.49%; The CAC index in Paris, France rose by 0.25%, while the FTSE 100 index in Britain rose by 0.25%.

The number fell by 0.29%.

In the fourth quarter of the United States, the GDP growth was revised downward to 2.7%, which was lower than the 2.9% originally announced, but the number of initial jobless claims dropped for three weeks last week, the latest.

The number was 192,000, which deviated from the market's expected growth forecast. The data boosted market sentiment, and the performance of chip stocks was profitable, and the US stocks eventually rose again and again.

Take it. The Dow Jones index rose 0.34%, the Standard & Poor's 500 index rose 0.54%, and the Nasdaq composite index rose 0.72%. The United States announced the number of initial jobless claims last week.

A total of 192,000 people were recorded, and the number dropped for three weeks in a row, which shows that the labor market has strong resilience. This performance not only supports the high price, but also

The market is worried that the Federal Reserve has to revise the interest rate hike policy upwards. The gold market has seen a new low this year, with the lowest at $1,817.6 and the highest at $1,833.9.

$1,822.3 closed down $3.

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