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2023-05-08

May 8 th

Today's amplitude interval

American debt default is imminent, which poses a threat to the future of the United States. The collapse of local small and medium-sized banks in the United States has already offset the Fed's increase once or twice.

Interest rate behavior, although the US labor data is tight, but the economy has returned to growth, the central bank has the ability to control inflation without destroying employment. Market pu

I believe that the Federal Reserve will end this interest rate hike cycle and have the opportunity to start cutting interest rates at the end of this year. This will continue to support the gold price to stabilize at $2,000.

Today, the volatility suggested yesterday is maintained at $2008 to $2030.

The China Association of Listed Companies said last week that the net profit of domestic listed companies reached 5.63 trillion yuan last year, an increase of 0.8% year-on-year, which was relatively poor.

Including the hard-hit housing stocks and related banking stocks, and contact consumer stocks trapped in the epidemic, revitalizing Hong Kong stocks, plus the United States Federal.

The Reserve Board raised the fund rate by 25 points, and three local note-issuing banks took the lead in increasing the prime rate by 1/8, which means that other banks followed suit.

With the rising borrowing costs in Hong Kong, Hong Kong stocks opened lower and closed higher. The Hang Seng Index rose 154 points in a week, closing at 20049 points and regaining the 250-day bull-bear dividing line.

European stock markets have been hovering at a high level for many days, and there is no major news to break through. Last week, the reappearance of banking crisis in small and medium-sized areas in the United States once again caused market worries.

In addition, the Federal Reserve and the European Central Bank joined hands to raise interest rates, also raising interest rates by 0.25%. European Central Bank President Lagarde said at the press conference that the decision to raise interest rates was poor.

Not all of them passed unanimously. At the same time, she said that the European Central Bank would not suspend interest rate hikes, and some European Central Bank policymakers also spoke that they would raise interest rates again.

Two or three times, European stock markets took advantage of the situation to adjust. In a week, Germany's DAX index rose by 0.24%, France's Paris CAC index fell by 0.78%, and Britain's FTSE 100 index.

The number fell by 1.15%.

As expected, the United States announced a 25-point interest rate hike in the early hours of Thursday, although Federal Reserve Chairman Powell was at the press conference of the Federal Open Market Committee.

He said that the banking system in the United States is "healthy and resilient", but investors' worries about the banking crisis are still lingering. Although the employment data in the United States is ideal,

Alleviate the market's worries about the economic recession, and the three major stock indexes on Wall Street developed separately. The Dow Jones index fell by 1.28% and the Standard & Poor's 500 index fell by 0.88%.

The Nasdaq Composite Index rose by 2.24%.

The United States announced a 25-point interest rate hike in the early hours of last Thursday. The market expected that the Federal Reserve had completed this interest rate hike cycle. After the announcement of the interest rate hike, the gold market detonated its upward trend, and the price of gold.

It once rose to $2,067, only $8 from the historical high! On Friday, the US non-agricultural data was unexpectedly good, and the price of gold was suppressed, causing large fluctuations and once fell.

2,000 US dollars, closing at 2016.8 US dollars on Friday. The lowest price of gold last week was 1,977.1 US dollars, up 27.3 US dollars in a week.

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