Weekly

false breakthrough

2023-03-06

March 6

Today's amplitude interval

The market briefly digested the pressure of raising interest rates this week, and the yield of 10-year government bonds fell below 4%. The price of gold bottomed out this week, but the Fed reiterated its strong

Labor data is a threat; This week's non-agricultural data is even more crucial. The number of new jobless claims has dropped repeatedly, which may not be as pessimistic as market expectations. If so,

The price of gold will be adjusted downwards. Today, we will keep the range of $1,838 to $1,860 suggested yesterday.

In January, the price index of core personal consumption expenditure in the United States was higher than market expectations, and inflationary pressure was not removed, which increased the market's worries about the Fed's expansion of interest rate hikes.

Shares fell in the market last Monday, but the China manufacturing purchasing managers' index, which was released with the mainland, continued to perform well. After the data rose to the dry line in January, the number in February.

The word shows that the mainland has accelerated its recovery, China has often attracted investors to pay attention to the China market again, and the yield of US 10-year Treasury bonds has fallen below 4%. Hong Kong stocks finally

It opened lower and closed higher, closing at 20,568 points last Friday. In summary, the Hang Seng Index rose 558 points or 2.79% in a week.

The year-on-year inflation in the euro zone has slowed down compared with the same data last month. In addition, Britain and the European Union signed a new trade agreement, hoping to solve the problem of Northern Ireland.

The problems caused by the Lanzhou agreement will speed up the cooperation between the two economies, which will help both sides revive their economies. In addition, the speed of normalization in China will help the three major European stocks.

The market rebounded last week; In a week, Germany's DAX index rose by 2.42%; The CAC index in Paris rose by 2.24%, while the FTSE 100 index in Britain rose by 0.87%.

Us stocks hit a new low this year a week earlier, and venture capitalists gradually digested the possibility of raising interest rates by 0.5% in March, and took the opportunity to level the goods, plus the Federal Reserve Boss.

Tick's attitude is biased towards pigeons, saying that the Federal Reserve will have the opportunity to suspend interest rate hikes in the middle and late summer this year, and reiterated its support for raising interest rates by 0.25% in March, and the US 10-year Treasury bonds will yield.

The rate fell below 4%. In a week, all three major stock indexes on Wall Street rose, with the Dow Jones index up 1.75%, the Standard & Poor's 500 index up 1.89% and Nasdaq.

The composite index rose by 2.61%. Last week, durable goods dropped by 4.5% month-on-month, and the market suspected that the manufacturing industry in the United States had begun to enter recession, coupled with the housing prices in the United States.

The consumer confidence index fell to 102.9 points this month, and risk aversion pushed the gold market. The market expected that the probability of the Fed raising interest rates by 50 points next time would increase to 30.

%, but it is clear that investors are gradually digesting this rate hike, and the price of gold bottomed out. The lowest price of gold last week was $1,804.7, and the highest price was $1,856.4.

It closed at $1,855.4, and it rose by $44.4 a week.

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