Weekly

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2023-03-20

March 20

Today's amplitude interval

The collapse crisis of European and American financial groups has emerged, and market confidence needs to be restored. In addition, the market speculates that the Fed may be prepared to deal with financial liquidity problems ahead of schedule.

Ending the interest rate hike cycle will help the gold price to continue to rise, but last Friday's sharp rise may lead to a stop profit and push down the gold price. Today's suggested volatility ranges from $1958 to $1958.

1988 dollars.

The crisis of confidence in the financial market has not been smooth, and it has risen again and again! After the collapse of the Silicon Valley Bank in the United States, the market just digested this negative message, while in Europe, Switzerland

The news that the credit group was on the verge of bankruptcy came one after another, and its largest shareholder, Saudi National Bank, said that it would not provide more financial help to save Credit Suisse,

The Swiss National Bank voiced its willingness to help Credit Suisse to tide over the difficulties, and spent $54 billion as life-saving funds for Credit Suisse. Many large banks in the United States will go to the first total.

And the bank deposited 30 billion US dollars to restore market confidence. Last week, the highest point was 19,791 points, and the lowest point was 19,109 points. Hong Kong stocks rose and fell like a car.

The highest point in the week was 19,791, and the lowest point was 19,109. The Hang Seng Index closed at 19,518 in the last five days, up 198 points or 1.03%.

Although Credit Suisse Group was unable to obtain any more funds from its largest shareholder, National Bank of Saudi Arabia, the Swiss National Bank contributed 54 billion US dollars to help Credit Suisse save its life.

However, the news that Credit Suisse has been torn apart or bought together is constant, and it is difficult to guarantee whether it can tide over the difficulties. The panic in the financial market has spread all the way, and bank stocks have become the locomotive of the market decline.

The three major European stock markets fell more than 4% last week, and the German DAX index fell by 4.28%. The CAC index in Paris, France also fell by 4.09%, while the FTSE 100 index in Britain fell.

5.33%。

The collapse of the Silicon Valley Bank in the United States triggered a crisis of depositors' confidence in small and medium-sized banks, and the squeeze phenomenon made the First Total Bank also enter a liquidity crisis. Many rooms in America

Large banks will deposit $30 billion into First Total Bank to increase market confidence, but US stocks continued to decline last week, with the Dow Jones index falling for a week.

0.15%, the Standard & Poor's 500 Index fell by 1.43%, while the Nasdaq Composite Index fell by 4.41% because it was the focus of risk. Recently, European and American financial groups have fallen

Closed crisis emerged, although the liquidity crisis gradually subsided in the market, including the intervention of the Swiss National Bank, and a number of big banks on Wall Street to provide funds, temporarily stopped.

Despite the financial turmoil, the market is still wary, and safe-haven funds pushed the gold market to close at $1988.3, the highest level in nearly 11 months, with a star.

On schedule, it soared to $121.3.

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