Weekly

Rising and falling day by day

2023-04-24

April 24

Today's amplitude interval

There are still differences in the analysis of the prospects within the Federal Reserve, but it is obvious that doves still dominate the tone. It is widely expected that the Fed will still raise interest rates by 25 points in May.

And began to cut interest rates later this year, but Friday's manufacturing data returned to the dry line, making speculation variable, and gold prices rose sharply last Friday.

The whole has been reflected, and it is expected that the price of gold will still not go out of the shock zone between 1970 and 2020. Today's suggested volatility ranges from $1978 to $1993.

Sino-US relations continue to deteriorate, and the BRICS countries support replacing the US dollar with their own currencies. The intention of the RMB to challenge the US dollar is obvious.

The Chinese government is not an idle generation. US President Biden plans to restrict American companies from investing in China's semiconductor, artificial intelligence and quantum computing fields.

As news spread, Hong Kong stocks suffered, and the Hang Seng Index fell below the 100-day average. The Hang Seng Index closed at 20,075 points last Friday, down 363 points or 1.8% in a week.

Last week, the market was worried that the global economic slowdown would reduce the demand for crude oil. The international oil price fell by nearly 6%, reflecting investors' views, but it was beneficial to slow down.

Tight energy pressure in Europe. In addition, the chief economist of the European Central Bank said that the credit problems in the European banking industry have been alleviated by the acquisition.

Pressure, and data show that the impact of natural gas supply has subsided, and the decline in natural gas prices will help reduce the annual inflation rate, he added. The European Central Bank still needs to be in May.

Raise interest rates, but failed to determine the rate of increase. Europe's three major stock markets continue to hover at a high level. In one week, Germany's DAX index rose by 0.47%. Paris CA, France

The C index rose by 0.56%, a record high, and the FTSE 100 index in Britain rose by 0.74%.

The United States continued its performance period last week, with mixed results, and the global economy showed signs of recession. In addition, the number of initial jobless claims in the United States increased last week.

Adding 5,000 people to 245,000 people, more than the expected 240,000 people, all affected the sentiment of venture capital. The three major stock indexes of Wall Street stocks fell under pressure. Fortunately, last Friday, the United States

China's manufacturing purchasing managers' index returned to the dry line, narrowing the decline. In a week, the Dow Jones index fell by 0.23% and the Standard & Poor's 500 index fell by 0.0.

1%, the Nasdaq Composite Index fell 0.42%.

Last week, the price of gold fought fiercely between $2,000, rising day by day and falling day by day. Last Friday's decline just reflected the decline of the whole week. China's economic growth accelerated in the first quarter,

In order to provide impetus for the dollarization of international trade, the dominance of the dollar is threatened, but the United States released the manufacturing purchasing managers index, with the latest figure of 50.4 points.

It is higher than the market expectation, but more importantly, the data has returned to the dry line. This level has been the best since last September. Does it indicate the growth momentum again?

Hopes were raised and became the focus of the market. The dollar stabilized, and the price of gold finally fell. Last week, the highest price of gold was $2,015.1, the lowest was $3.2, 1969, and finally it was 198.

The market closed at $2.9, down $21.4.

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