Weekly

Approaching historical highs

2023-05-05

May 5 th

Today's amplitude interval

As expected by the market, the United States announced a 25-point interest rate hike in the early hours of Thursday. The market expected that the Federal Reserve had completed the interest rate hike cycle and the price of gold continued to rise after the market opened.

Potential, once rose to $2067, only $8 from the historical high! It is expected that the gold price will consolidate at a high level. Maintain yesterday's suggested volatility at $2035 to $2035 today.

2060 dollars.

With the upward adjustment of the fund bank rate by 25 points in federal reserve system, three local note-issuing banks took the lead in increasing the best lending rate by 1/8, while other banks

Following suit means that Hong Kong's borrowing costs have risen and Hong Kong stocks have opened lower and closed higher. After the Hang Seng Index opened 2 points lower, it was supported by Beishui, and the funds went to the four countries that benefited from interest rate hikes.

In some banks, the average green share price was swept up by 4% to 5%, among which Agricultural Bank of China and Bank of China both hit 52-week highs. In the end, the Hang Seng Index rose 249 points or 1.27% to close.

At 19948, the 250-day bull-bear boundary was re-established.

The European Central Bank (ECB) slowed down its interest rate hike and made great efforts to make the Federal Reserve in line. Yesterday, ECB President Lagarde announced an immediate interest rate hike of 0.25%.

She said that the decision to raise interest rates was unanimously passed by almost all the participants. At the same time, she said that the European Central Bank would not suspend interest rate hikes, and some ECB policy makers also

Speaking, he said that he would raise interest rates two or three times. The European Central Bank's future interest rate hike policy and the crisis of bank failures in the United States have revived, and the three major European stock markets are all

The line fell, Germany's DAX index fell 0.54%, France's Paris CAC index fell 0.85%, and Britain's FTSE 100 index fell 1.09%.

Although Federal Reserve Chairman Powell said at the press conference of the Federal Open Market Committee early this morning that the American banking system is "healthy and resilient",

However, the worries of technical investors about the crisis of city banks are still lingering. Banks in small and medium-sized areas in the United States have been sold, and the most painful thing is that no one cares about the rumored intention to negotiate sales.

Western Pacific Bank, the share price is half off again, and the market value is only $3.7. The three major Wall Street stocks fell across the board, with the Dow Jones index down 0.87% and the Standard & Poor's 500.

The index fell by 0.74%, and the Nasdaq Composite Index fell by 0.49%.

The United States announced a 25-point interest rate hike in the early hours of Thursday. The market expected that the Federal Reserve had completed this interest rate hike cycle, and the price of gold continued to rise after the market opened, once rising to 2067.

Dollars, only $8 from the historical high! After that, the profit-taking disk pushed down the gold to $2030.4, but the banking crisis in the United States revived, which clearly stimulated risk aversion.

The price of gold closed at $2,050.3 and rose by $10.7.

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