Weekly

break through an encirclement

2023-03-02

March 2 nd

Today's amplitude interval

The purchasing managers' index of American manufacturing industry has increased month by month, but the figure is worse than the market expectation. The market expects the probability of the Fed raising interest rates by 50 points next time to increase.

30%, but it is clear that investors are digesting this rate hike one after another, and the price of gold has expanded three times. The gold market will exert its strength after finding support in the 200-balance moving average, but it must be sudden.

It is not easy to break 20 and 50 antennas, and it may be necessary to make sure to stabilize at $1,830 first. Today's suggested volatility is $1,826 to $1,846.

China manufacturing purchasing managers index continued to perform well. After the data rose to the dry line in January this year, the February figure released yesterday was 52.6, which was better than the market.

The market forecast shows that the economy is accelerating recovery after the relaxation of epidemic control measures in the mainland, and both onshore and offshore RMB have regained the 6.90 mark against the US dollar. middle

China's resumption of sovereignty often attracts investors to pay attention to the China market again. Hong Kong's approach as a capital distribution center in the Mainland certainly benefits. Hong Kong stocks showed great courage on the first day after leaving the mask.

After opening 64 points higher, Hong Kong stocks continued to rise, with the Hang Seng Index up to 888 points and finally closing at 20,619 points, up 833 points or 4.21%.

China's manufacturing data showed good performance, European stocks opened to undertake the rise of Asian markets, and the inflation data in the euro zone will be released on Thursday. The market expects the inflation in the euro zone.

It is expected that the European Central Bank will extend the interest rate hike policy until the first quarter of next year and raise the peak interest rate to 4%.

The fruits are rising, and the three major European stock markets have different performances under pressure; Germany DAX index fell by 0.41%; The CAC index in Paris, France, fell by 0.46%, while the FTSE 100 index in Britain.

Up by 0.53%.

Global inflation is high, and the Bank of Japan, which is still implementing the negative interest rate policy, is also waiting for it. It is rumored that the current central bank governor, Haruhiko Kuroda, may step down.

Adjust the policy of the central bank at the last policy meeting before, so that the successor Ueda and the man have more choices; Central banks in other countries also hold hawkish positions, plus

The performance of the purchasing managers' index of American manufacturing industry was better than expected, and the pressure of the Federal Reserve to increase interest rates continued to heat up. The three major stock indexes on Wall Street performed differently, and Dow Jones.

The index fell for most of the time, but closed positive, with a slight increase of 0.02%, the Standard & Poor's 500 Index fell by 0.46%, and the Nasdaq Composite Index fell by 0.66%.

The purchasing managers' index of American manufacturing industry has increased month by month, but the figure is worse than the market expectation. The market expects that the probability of the Fed raising interest rates by 50 points next time will increase to 30.

%, but it is clear that investors are gradually digesting this rate hike. The US dollar index fell to 104, and the gold market rose for three consecutive days. The lowest financial price was $1,823.2.

The highest price was $1,844.8, which closed at $1,836.7, up $10.

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