Weekly

Make history

2023-04-17

April 17th

Today's amplitude interval

The tightening policy of the Federal Reserve has gradually achieved the effect of controlling inflation. Although there are still differences on the prospect analysis within the Federal Reserve, doves still dominate the tone.

It is widely expected that the Federal Reserve will still raise interest rates by 25 points in May and start to cut interest rates later this year. The price of gold has never been two consecutive times in historical transactions.

Last week, it stabilized at $2,000. Last week, it has made history. The pressure of gold price is still there. It is not advisable to lose the $2,000 mark, otherwise it may be important.

A drop of more than $20 will support it. Today's suggested volatility ranges from $1988 to $2010.

Inflation in the mainland slowed down, and the latest industrial producer price index in China fell for seven months in a row, while the consumer price index in March increased by 0.7% year-on-year, which was higher than market expectations.

1% is low; In addition, the mainland's new loans in March reached 3.89 trillion yuan, which was also higher than expected. In addition, the consumer price index announced by the United States fell earlier.

The market expects that the Fed will end its interest rate hike after May this year, although Hong Kong stocks were once lost due to the news that major shareholders of technology giants reduced their holdings.

The 20,000-point mark, but after a week, the Hang Seng Index rose 107 points or 0.53% to close at 20,438 points.

In the past, China's big money went abroad to queue up to sweep famous brands. The luxury brand LVMH announced strong sales growth in the first quarter, with its share price soaring more than 5% and its market value exceeding.

Last Friday, Hermes' performance rose by 23%, which helped its share price rise by nearly 1%, plus Bank of America.

Announcing the ideal performance has also driven the European banking sector to rise, and the market is optimistic again. In addition, the European Central Bank may also reduce the interest rate hike, the three largest European banks.

The stock market rose across the board, and the German DAX index rose by 0.16%; The CAC index in Paris, France rose 1.13% to a record high, while the FTSE 100 index in Britain rose 0.24%.

Last week, many banks in the United States announced their satisfactory performance, but the US Department of Commerce announced that retail sales fell by more than 1% in March, which was greater than market expectations.

The inflation data released earlier showed signs of slowing down, and investors were worried about the prospects. The three major stock indexes in new york developed separately last week, and the Dow Jones index was affected by bank stocks.

Yang's share rose by 1.2%, the S&P 500 index fell by 0.58%, and the Nasdaq Composite Index fell by 0.01%. Non-agricultural data are released on good Friday every other week.

Last Monday, the price of gold truthfully reflected that it fell below the $2,000 mark. However, with the signs of slowing inflation data and the easing of labor data, unemployed workers were invited for the first time.

After rising for three weeks in a row, investors expect the Fed to end the interest rate hike cycle early, stimulating the gold price to break through this year's high, reaching as high as $2,048.8, and the gold price is in history.

Trading has never been able to stabilize at $2,000 for two weeks in a row, and the selling pressure is very high. The price of gold fell below $2,000 again last Friday and finally reached 200.

The market closed at $4.3, down $3.6 in a week.

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