Weekly

April 10th

Today's amplitude interval

Last Friday, during the Good Friday holiday, the United States was closed, but the non-agricultural data were released on time on the same day, and the digital performance exceeded market expectations. It is expected that the gold market will be today.

Early reaction to this unfavorable factor will hit the psychological barrier of $2,000. Today's suggested volatility ranges from $1988 to $2007.

Saudi Arabia and Russia took the lead in reducing production, and the price of crude oil rose sharply. Investors were afraid that global inflation would worsen and hit the global economy. On the other hand,

China announced that Caixin manufacturing purchasing managers' index was better than the market expectation, and the market was divided. Coupled with the Qingming and Easter holidays, investors were unwilling to fight.

The Hong Kong stock market was so weak that it struggled to fall. In one week, the Hang Seng Index closed at 20,331 points, with a cumulative decline of 69 points or 0.34%.

Consumers in the euro zone lowered their inflation expectations in February, and held a more optimistic view on economic growth and unemployment rate. The market expects the European Central Bank to end its increase this year.

Interest period. In terms of data, Germany's service purchasing managers' index reported 53.7 in March, close to a one-year high, allowing the German stock market to outperform other European stock markets.

In a week's valuation, the three major European stock markets developed separately, and the German DAX index fell by 0.2%; The CAC index in Paris, France, rose slightly by 0.03%, while the FTSE index in Britain was 100.

The index rose by 1.44%.

After the number of job vacancies in the United States fell below 10 million, another labor data also deteriorated seriously; ADP employment data, known as small non-agricultural data, was worse than expected.

In March, the number only increased by 145,000, which was only less than 70% of the expected number in the market. In addition, the International Monetary Fund warned that the global economic growth was weak, and US stocks revived.

Before the holiday, the three major stock indexes on Wall Street developed separately, with the Dow Jones index rising by 0.63%, the Standard & Poor's 500 index rising by 0.2% and the Nasdaq Composite Index.

It fell by 0.83%.

The performance of American labor data is worse than market expectations, and the number of job vacancies in the United States has dropped below 10 million, which is the first time since 2021. Another labor data.

It is also seriously poor; ADP employment data, known as small non-agricultural data, was worse than expected. In March, the number only increased by 145,000, which was significantly lower than the expected 210,000. gold market

With the weak labor data hitting a new high this year, the highest price of gold rose to US$ 2,032.1, and the lowest price of gold reached US$ 1,949.8, closing at US$ 2007.9 in a week.

Up $38.6.

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