Weekly

Unemployment is rising.

2023-03-10

March 10

Today's amplitude interval

Last night, the United States announced the number of people who applied for unemployment benefits for the first time last week. The latest figure rose to more than 210,000 after four weeks of continuous decline, and hit a record on December 24 last year.

At the witness meeting, Federal Reserve Chairman Powell expressed concern about three kinds of data to be released, including employment, consumer price index and producer price.

Index; Last night, the number of people applying for unemployment benefits for the first time suddenly became stronger, which added variables to the non-agricultural data tonight and could not be taken lightly. Today's suggested volatility is $1,815 to $

1840 dollars.

Yesterday, China announced the consumer price index for February, which fell by 0.5% month by month, the lowest in 12 months. However, inflation in the mainland has cooled down, and inflation in the United States remains.

However, the high rate, Federal Reserve Chairman Powell said at the congressional testimony for two consecutive days that he would be prepared to speed up the interest rate hike when necessary, and the interest rate hike is expected to heat up.

The ticket market brought pressure, and the Hang Seng Index opened higher and closed lower, and finally closed down 125 points or 0.63%, closing at 19,925 points and falling below the 20,000-point mark. The market pays attention to Europe

European stock markets closed slightly lower after the central bank raised interest rates next week. Recently, more and more European Central Bank policymakers support a more aggressive interest rate meeting this month.

The decision to raise interest rates, investors expect the European Central Bank to raise the key lending rate by 0.5% next Thursday, the three European stock markets softened, and the German DAX index fell by 0.01%;

The CAC index in Paris, France, fell for three days and then fell by 0.12%, while the FTSE 100 index in Britain fell by 0.63%.

The market continues to digest Federal Reserve Chairman Powell's statement that he will be prepared to raise interest rates at a faster rate when necessary. Coupled with the non-agricultural data on Friday, investors expect the figures to be

Stimulating the decision-makers of the Federal Reserve to choose a more active interest rate hike policy, the venture capital atmosphere deteriorated. The three major stock indexes on Wall Street fell by more than 1%, and the Dow Jones index fell by 1.66.

%, the S&P 500 index fell by 1.85%, and the Nasdaq Composite Index fell by 2.05%. Last night, the United States released the latest figures on the number of initial jobless claims last week.

After falling for four weeks in a row, it rose to more than 210,000 people, and the data rose to a new high since December 24 last year. The market expects to raise interest rates by 50 points in March.

The rate returned to 60%, and the gold market rebounded. The lowest price of gold was $1,812, and the highest price was $1,835.7. It closed at $1,830.9, up $17.1.

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