Weekly

March 31

Today's amplitude interval

The crisis of confidence in the banking industry subsided, the gross domestic product of the United States fell more seriously than expected, and the negative news that the number of new jobless claims increased, the price of gold fell at one stroke.

Break through this week's high. Investors wait and see tonight's US consumer price index, and the data will determine the attitude of the Federal Reserve to raise interest rates. Today's suggested amplitude is in 1965.

Dollars to 1990 dollars.

Fitch Ratings, a rating agency, confirmed the economic prospects of Hong Kong and gave it a stable rating. Fitch believes that the past of the epidemic and the economy will resume their upward trajectory, which is expected to be fragrant this year.

Hong Kong's economy will rebound by 4% and grow by 3.5% next year. Fitch's forecast for Hong Kong's economy was higher than the pre-epidemic level, and Hong Kong stocks opened higher and closed higher for three consecutive days.

The Hang Seng Index opened 24 points higher and finally rose 116 points or 0.58% to close at 20,309 points. The threat of bank failures in Europe and the United States has further cooled down, and the Swiss government has raised it with Parliament.

Credit Suisse and UBS rose by 2% and 3% respectively, and European banking stocks rose by more than 119 billion US dollars on average.

After 1.6%, the market optimism reappeared. The three major European stock markets rose for three consecutive days, and the German DAX index rose by 1.25%. The CAC index in Paris, France rose by 1.06%, while in Britain.

The FTSE 100 index rose 0.77%.

Collins, a number of Fed officials, said that the banking industry is sound and will continue to tighten policies to fight inflation, and will not cut interest rates this year. The crisis of confidence in the banking industry has gradually receded.

The panic index fell back to the level before the banking crisis, investors' appetite for risk increased, and the three major stock indexes on Wall Street rose, with the Dow Jones index rising 0.43% and the Standard & Poor's 500.

The index rose by 0.55%, and the Nasdaq Composite Index rose by 0.73%. The banking collapse crisis gradually eased, and the gold market undertook an early decline in the early Asian period, with the lowest drop.

US$ 1955.4, but the gold price is now supported at a low level. When entering the European market, it has completely recovered its lost ground, and the GDP of the United States has regressed more seriously than expected.

With the negative news of the increase in the number of new jobless claims, the price of gold broke through this week's high, reaching a peak of 1984.4, and finally closed at 1980.4 US dollars, rising.

15.9 dollars.

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