Weekly

Re-create high position

2023-04-14

April 14th

Today's amplitude interval

With the decline of inflation data in the United States, the labor data that Fed policymakers are most worried about also shows signs of slowing down. Investors look forward to the Fed's second quarter of this year.

At the end of the interest rate hike cycle, the US dollar index fell to a two-month low, and the gold price soared, breaking through this year's high. The price of gold is less than 40 dollars from the historical high.

The upward pressure is not light. If the gold price is close to $2,050, you can try to be short. Note that the price of gold has never stabilized for two consecutive weeks in historical trading.

2000 dollars upstairs, today is likely to make history. Today's suggested volatility ranges from $2022 to $2048.

The United States announced that the consumer price index fell more than expected. The market expects the Federal Reserve to raise interest rates by 25 points in May, and then it will end its interest rate hike, but the United States

According to the minutes of the Fed meeting, Fed officials expected a moderate recession in the US economy. As a result, US stocks fell as soon as possible, and Hong Kong stocks opened to follow the decline.

It opened lower by more than 300 points, fell by more than 400 points at most, and fell below the 20,000-point mark. After that, the Hang Seng Index rose and finally closed at a full-day high, rising by 34 points.

Or 0.17%, closed at 20344.

Luxury brand LVMH announced strong sales growth in the first quarter, with its share price soaring more than 5% and market value exceeding 50 billion US dollars, and successfully squeezed into the top ten companies in the world.

The market is optimistic again and again, and the European Central Bank may also tighten the interest rate hike. The three major European stock markets rose across the board, and the German DAX index rose by 0.16%. law

China's CAC index in Paris rose 1.13% to a record high, while the FTSE 100 index in Britain rose 0.24%. With the decline of inflation data in the United States, Fed policymakers are most worried.

Worried labor data also showed signs of slowing down. Yesterday, the number of people claiming unemployment benefits increased to 239,000 last week, more than the market expected, and investors looked forward to Midland.

After the Reserve Bank will raise interest rates by 0.25% in May, it will end the interest rate hike cycle ahead of schedule. US stocks will open higher and close higher, with the Dow Jones index rising by 1.14% and the Standard & Poor's 500 index.

It rose by 1.33%, and the Nasdaq Composite Index rose by 1.99%.

The gold market undertook an early rise and hit a new high this year. US inflation data shows signs of slowing down, and investors are looking forward to the Fed ending the interest rate hike cycle early and stimulating money.

The market continued to rise in Europe and Asia, and the labor data softened in the US market. In addition, the producer price index shrank month-on-month and the gold price soared.

Straight up, it broke through this year's high, with a high of $2,048.8 and a low of $2,014.2, and finally closed at $2,040.5, up $25.5.

For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator.
https://t.me/mingtak



Previous Article Next Article