Weekly

May 3 rd

Today's amplitude interval

As expected, the Federal Reserve announced a 0.25% interest rate hike this morning, but investors have focused their attention on the statement of the Federal Open Market Committee.

It can be seen in its content, but the wording suggesting further interest rate hikes has been deleted, and the chairman of the Federal Reserve, Powell, said that at today's meeting, there is one

Some policy makers talked about suspending interest rate hikes, but it was not implemented at this meeting, suggesting that the federal funds rate may have peaked. The outlook for the dollar is bearish, gold

The market is bound to challenge this year's high. Those who added a bet of $2,028 yesterday can harvest at more than $2,050. Those who saw more earlier will continue to fly kites and seek.

Higher returns, stop earning, whatever you want. Today's suggested volatility ranges from $2035 to $2060.

* * At the end of the article, the price of gold once rose to $2,067, only $8 from the historical high! **

Raymond Yue, president of the HKMA, explained the outflow of funds from the Hong Kong dollar system, saying that major central banks around the world have taken quantitative easing measures in response to the global financial turmoil and epidemic.

The net inflow of funds into the Hong Kong dollar system has reached 1 trillion yuan. Therefore, with the increase in interest rates in the United States and the tightening of global liquidity, it is normal for the net outflow of funds from the Hong Kong dollar system. port

The weak exchange rate triggered the weak exchange guarantee again. The HKMA bought more than HK$ 4.67 billion, and the banking system will drop to RMB 44.527 billion, the lowest level since 2008.

Ping. There is also a tide in Hong Kong stocks. The market is concerned about the Federal Reserve's interest rate meeting this morning and its statement after the meeting. Hong Kong stocks opened lower and closed lower. The Hang Seng Index opened 247 points lower and fell nearly 400 points at most.

The decline in the market closed slightly; The Hang Seng Index fell 234 points or 1.18% to close at 19,699 points.

The market expects that after the Federal Reserve announced a 25-point interest rate hike this morning, it will end this interest rate hike cycle, and the continuous decline in international oil prices will also help improve enterprises.

Industry profit, good risk market. The three major European stock markets rose across the board, with Germany's DAX index rising by 0.59%, France's Paris CAC index rising by 0.28%, and Britain's rich.

The hourly 100 index rose by 0.19%.

The impact of the collapse of Silicon Valley Bank in the United States continued to ferment. Although JPMorgan Chase bought the First Total Bank, this transaction did not consolidate depositors.

It is completely understandable that depositors have confidence in regional banks and accelerate the transfer of funds from small and medium-sized banks to large banks. Although Federal Reserve Chairman Powell is today,

At the press conference of the Federal Open Market Committee in the early morning, he said that the American banking system is "healthy and resilient", but the Western Pacific Bank is on the verge of bankruptcy.

It was also reported that the intention to negotiate sales was ignored, and the stock price continued to fall by 60%. The market was worried about the banking crisis, and the three major stocks on Wall Street fell across the board. The Dow Jones index

It fell 0.8%, the Standard & Poor's 500 Index fell 0.7%, and the Nasdaq Composite Index fell 0.46%.

The United States announced yesterday that the employment of private enterprises increased by 296,000 jobs in April, which was times higher than market expectations. Although the salary trend did not increase significantly,

The recruitment boom has indeed kept the labor market tense, and the pressure of wage growth has not disappeared. As expected, the Federal Reserve raised interest rates by 25 points this morning.

In the statement of the Federal Open Market Committee, we can see that the decision makers of the Federal Reserve are changing, although they believe that inflation is still high and that it is inappropriate to cut interest rates.

Appropriate, but the wording suggesting further interest rate hikes has been deleted, which proves that the recent banking crisis has indeed limited the decision of officials to raise interest rates. Market expectation Fed

The bureau will end this interest rate hike cycle, and the US dollar will fall to the edge below 101 points. The gold price will hit the high of this year, and the lowest price of gold will be $2,008, and the highest price will rise to.

2040.5 dollars, closing at 2039.6 dollars, rising by 23 dollars.

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