Weekly

March 9

Today's amplitude interval

Federal Reserve Chairman Powell reiterated in congressional testimony yesterday that he would be prepared to raise interest rates at a faster rate when necessary, and said that the final rate hike may be higher than expected.

However, the bureau has not yet decided on the level of interest rate hike in March; The remarks slightly eased the pressure on the gold market, and the price of gold closed flat yesterday. Powell paid attention to the salary level yesterday, Friday

Non-agricultural data will be turbulent again, and it is expected that the trend will be relatively calm today, so it can be traded in both bands. Today's suggested volatility is $1,807 to $1,822.

Federal Reserve Chairman Powell said at a congressional testimony on Tuesday night that inflation in the United States is still high, indicating that the peak interest rate may be higher than originally expected; Interest rate market

Immediately, the yield of 10-year treasury bonds returned to the level of 3.9%, and the US stock market fell by more than 1% every other night. The Hang Seng Index opened 277 points lower, with a maximum drop of 565 points and 20,000 points.

Once it fell, the decline at the end of the market narrowed slightly, still falling by 483 points or 2.35% to close at 20051 points. The euro zone announced the GDP figures yesterday.

It increased by 1.8% year-on-year, which was basically up to the standard, only 0.01% less than the market expectation.

In addition, European Central Bank President Lagarde made a speech yesterday, saying that it is unacceptable to suffer from the harm of high inflation to the bottom class and the vulnerable population, she said.

The European Central Bank will try its best to combat inflation in the euro zone. The three European stock markets developed separately, and the German DAX index rose by 0.46%. CAC index in Paris, France fell.

0.02%, Britain's FTSE 100 index rose 0.13%. Federal Reserve Chairman Powell reiterated at the congressional testimony yesterday that he would be prepared to raise interest rates at a faster rate when necessary.

And said that the final rate hike level may be higher than expected. However, he also said that the Fed has not yet decided on the rate hike this month, because there will be before the interest rate meeting.

The release of important data reaffirms that the Bureau understands that their policies are lagging behind, so the Federal Reserve will evaluate the interest rate hike path one by one according to the latest figures.

The three major stock indexes on Wall Street developed individually, with the Dow Jones index down 0.18%, the Standard & Poor's 500 index up 0.15% and the Nasdaq Composite Index up 0.4%. Gold price yesterday

The opening of the market continued to fall, reaching a minimum of $1,809.4, and the number of small non-agricultural data released last night increased by 242,000, which was much higher than market expectations.

After it was released from the furnace, it did not fall but rose, reaching a maximum of $1,824.3. After that, Federal Reserve Chairman Powell reiterated that he would be prepared to raise interest rates at a faster rate when necessary, but it has not yet been decided.

The rate hike in March; Even so, the market expects the chance of raising interest rates by 0.5 in March to soar to 75%, and the price of gold gradually falls back, closing at $1,813.8, up 0.5.

Dollars.

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