Weekly

April 4th.

Today's amplitude interval

The market is concerned that the reduction of production driven by Saudi Arabia and Russia will further stimulate global inflation, and the gold market tested support near 1950 yesterday; However, the price of gold is weak

The manufacturing industry rebounded and challenged $1,990 again. The market waited for the performance of American labor data, and $1,980 at the upper edge of the triangle became the key and fell below.

Can be used for speculative selling, with a target of $1970 and a stop loss of $1983. Today's suggested volatility ranges from $1970 to $1995.

China released the manufacturing purchasing managers' index before the market opened yesterday morning, and the latest data dropped to 50, which was worse than the market expectation, offsetting the upward trend of US stocks last Friday.

Driven by Arabia and Russia in Gaza, the price of crude oil has soared, and investors are afraid that global inflation will further deteriorate, and Hong Kong stocks are so weak that they are struggling. The HSI opened 20 points lower,

Finally, it rose 9 points or 0.04% to close at 20409 points under the tug-of-war between the two sides. The market pays attention to Saudi Arabia and Russia to drive production cuts, and the Organization of Petroleum Exporting Countries

It was announced that it would voluntarily reduce production by 1.15 million barrels per day from May until the end of this year. The news stimulated the international oil price to rise, and European oil and gas stocks also followed suit. In addition, silver

The threat of bank failure has become a thing of the past, bank stocks continue to rise, the three major European stock markets have risen and fallen, and the German DAX index fell by 0.32%; CAC index in Paris, France rose by 0.32.

The FTSE 100 index rose 0.52%.  

Brad, the Federal Reserve, criticized the OPEC countries for cutting production with Russia. He said that whether OPEC's move will have a lasting impact is still inconclusive, but it is expected to pass.

Inflation will be more resilient, and Brad also said that the labor market is strong, and he supports the Fed to continue raising interest rates. On the other hand, the US manufacturing data is weak, releasing the United States

China's inflationary pressure, the three major stock indexes on Wall Street developed individually, with the Dow Jones index rising 0.98%, the Standard & Poor's 500 index rising 0.37% and the Nasdaq Composite Index falling 0.2.

7%。

The Organization of Petroleum Exporting Countries reached an agreement with Russia, saying that in order to stabilize the price of crude oil supply, it announced that it would reduce production by 1.15 million barrels per day. The price of American oil futures was high yesterday.

At the opening rate of nearly 7.7%, investors were worried that the rise in oil prices would trigger inflation in the United States, forcing the Federal Reserve to insist on raising interest rates, and the gold market fell all the time in the Asian market, with a minimum of 1949.8.

Dollar, but then the European Central Bank members are now eagle-like, saying that they insist on raising interest rates by 50 points, the dollar turned down, the price of gold reversed, and institute for supply management's manufacturing industry adopted

The purchasing managers' index was reported at 46.3, and weak orders pushed the gold collar to rise further, reaching a new low since May 2020. The highest price of gold rose above $1,900 to 1984.4.

The dollar closed up $15.1.

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