Weekly

High pressure

2023-03-15

March 15

Today's amplitude interval

The share prices of small and medium-sized banks in the United States rebounded sharply last night, indicating that the market is digesting the thunder incident of Silicon Valley Bank in the United States, and the risk aversion has cooled down, while the latest inflation data

As expected, it is a foregone conclusion that the Federal Reserve will raise interest rates by 0.25% next week, and the gold price will test the psychological barrier of $1,900. Today's suggested volatility ranges from $1,892 to $1,912.

Affected by the thunder of Silicon Valley Bank in the United States, the shares of small and medium-sized banks in the United States plunged every other night, falling by more than 60% at most, which led to constant market panic and Hong Kong stocks opened lower and closed lower.

Hong Kong stocks inherited the weakness of US stocks and opened 170 points lower. Due to the collapse of Silicon Valley Bank in the United States, bank stocks continued to be sold, becoming the locomotive of the market decline, and the market fell at most.

After 570 points, the market decline narrowed to 448 points or 2.27% and closed at 19,247 points. The market gradually digested the crisis of confidence in the collapse of Silicon Valley banks, plus foreign exchange

Accused of turning into a white warrior, he expressed his intention to acquire the British subsidiary of the bank, injecting a shot in the arm into the market and avoiding the panic squeeze from spreading to Europe.

In addition, the market expects that the European Central Bank may relax its interest rate hike to avoid disrupting the fragile financial system. Europe's three major stock markets rebounded more than 1%, Germany

DAX index rose by 1.82%; The CAC index in Paris rose by 1.86%, while the FTSE 100 index in Britain rose by 1.21%. The United States announced consumer prices in February yesterday.

Index, the latest figure increased by 6% year-on-year. As expected by the market, the growth of inflation data slowed down, and the market predicted that the Federal Reserve might reduce the rate hike next week.

Period; The chairman of the US Senate Banking Committee even called on the Federal Reserve to suspend interest rate hikes next week. The three major stock indexes on Wall Street all rose, and the Dow Jones index rose by 1.0.

6%, the Standard & Poor's 500 Index rose 1.68%, and the Nasdaq Composite Index rose 2.14%.

The share price of small and medium-sized banks in the United States rebounded sharply last night, indicating that the market is digesting the thunder incident of Silicon Valley Bank in the United States, and it has also eased the risk aversion of the market.

1900 dollars hovered around. The latest inflation in the United States is as expected, and it is a foregone conclusion that the Federal Reserve will raise interest rates by 0.25% next week. The high price of gold was under pressure and once fell below 1900 US dollars.

At the yuan mark, the highest price of gold was $1,914.2, and the lowest was $1,895.4. It closed at $1,903.9, down $9.7.

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