Weekly

Frustration

2023-03-08

March 8

Today's amplitude interval

Federal Reserve Chairman Powell put an eagle on the congressional testimony, saying that the rate of inflation decline was lower than the central bank's expectation, and the rate of inflation decline was lower than the bureau's expectation, while labor

The strength is still tight. In order to combat inflation, the authorities are prepared to speed up interest rate hikes when necessary. The price of gold plummeted yesterday, and the gold market will try again this year's low. Today's suggested volatility

$1803 to $1818.

The market continued to pay attention to the speech made by Federal Reserve Chairman Powell in the US Congress for two consecutive days, and Hong Kong stocks fluctuated sharply yesterday. The Hang Seng Index opened slightly higher yesterday, that is, turned around.

Downward, then there was buying at the low level, which rose by more than 400 points at most. However, the mainland announced that the import and export volume fell, and the Shanghai and Shenzhen stock markets fell significantly, and Hong Kong stocks followed suit.

The Hang Seng Index closed at 20534, down 68 points or 0.3%. Some members of the Bank of England called on the Bank of England to be more active.

Action, the news has made the market wary; Sure enough, later on, US Federal Reserve Chairman Powell released an eagle at the congressional testimony, saying that it was necessary to prepare.

Accelerate the pace of raising interest rates. Powell's remarks set off a wave of stock market selling, and European stock markets ended up falling, with the German DAX index falling by 0.61%. CAC index in Paris, France fell.

0.46%, Britain's FTSE 100 index fell by 0.15%.

Federal Reserve Chairman Powell said at the congressional testimony that inflation is still high and he will be prepared to raise interest rates at a faster rate if necessary, so that the peak interest rate may be higher than originally expected. abalone

Will's speech pushed down the price of gold, and the US Federal Reserve will continue to make decisions one after another according to the data and the impact on the growth and inflation prospects, and consolidate the tables when necessary.

When necessary, the bureau is ready to speed up and raise interest rates. After Powell's comments, the market expects the chance of raising interest rates by 0.5 in March to soar to 65%, the three major stocks on Wall Street.

Refers to the overall decline of more than 1%, the Dow Jones index fell 1.75%, the Standard & Poor's 500 index fell 1.53%, and the Nasdaq Composite Index fell 1.25%.

Federal Reserve Chairman Powell put an eagle on the congressional testimony, saying that the rate of inflation decline was lower than the central bank's expectation, the rate of inflation decline was lower than the bureau's expectation, and the labor force

Still nervous, the authorities are prepared to raise interest rates when necessary to combat inflation. Powell's remarks sharply pushed down the price of gold, which reached a maximum of $1,851.7, the most

The low price reached $1,812.8, and closed at $1,813.3, down $33.6.

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