Weekly

Continuous compression

2023-04-11

April 11th

Today's amplitude interval

Non-agricultural data boosted the dollar, and the bulls failed to counterattack, and the gold market fell below $2,000. The Federal Reserve of new york issued a report that the inflation rate of the United States in the coming year is expected to be from

It rose to 4.7% for the first time since October last year; The market expects that the probability that the United States will raise interest rates by 25 points next month will rise by nearly 70%, and the gold market will continue to be under pressure, but it is expected that

There was strong support in 1973. Today's suggested volatility ranges from $1,981 to $2,000.

Hong kong stocks revive, save holidays and close.

Several major European stock markets were also closed for the Easter holiday.

Malpas, President of the World Bank, predicted that the GDP of the United States will increase by 1.2% this year, lower than the 2.1% in 2022, and the US stock market will open lower. On the other hand,

The size of the US federal housing loan banking system's debt issuance in the week at the end of last month dropped by 85% to $37 billion, significantly lower than the 304 billion a week earlier.

Dollar, indicating that the banking crisis has eased; The three major stock indexes on Wall Street eventually developed individually, with the Dow Jones index rising 0.3% and the Standard & Poor's 500 index rising 0.1%.

The Nasdaq Composite Index fell by 0.03%.

Last Friday, during the Good Friday holiday, the United States was closed, but the non-agricultural data were released on time that day, and the digital performance exceeded market expectations, which was reflected by the opening of the gold market.

A disadvantage, fell below the psychological barrier of $2000. Non-agricultural data boosted the dollar, and the gold market was pressed below $2,000 most of the time, and the bulls counterattacked.

Weak, the lowest price of gold was $1981.7, which closed at $1991.2, down $16.7.

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