Weekly

May 12th

Today's amplitude interval

Federal Reserve Voter Kashkali said that if inflation remains high, it is necessary to maintain high interest rates for a longer period of time, and the US dollar index will be strong and return.

At the 102 mark, the price of gold plummeted by $37. The manufacturing data is uneven, but the labor data is relaxed, and the trend of gold price is not too pessimistic. Today's suggested volatility is 200.

8 dollars to 2025 dollars.

The People's Bank of China announced yesterday that the new loans in April were 718.8 billion yuan, only exceeding half of market expectations. On the other hand, China's consumption data was better than the market.

The market was weak, and two sets of data also pointed out that after the announcement of the epidemic in the Mainland, the economic recovery was not as vigorous as expected. The mainland stock market fell for the third day in a row, and Hong Kong stocks followed suit.

Follow suit; The Hang Seng Index opened higher and closed lower, while the Hang Seng Index fell 18 points or 0.09% to close at 19,743 points. In addition to the speech of European Central Bank President Lagarde, it is necessary to pay close attention to it.

In addition to high inflation, Guindos, deputy governor of the European Central Bank, also delivered a speech yesterday, pointing out that core inflation in Europe is more stable and continues to worry about inflation in the service industry.

It is planned that interest rates may be raised further, depending on the data. The three major European stock markets fell for two consecutive days, and the German DAX index fell by 0.39%.

The CAC index in Paris, France fell by 0.28%, while the FTSE 100 index in Britain fell by 0.14%.

The risk of small and medium-sized banks in the United States once again triggered the Lotus Effect. The share price of Western Pacific Union Bank, which was facing bankruptcy, plummeted 23% again yesterday, following the US federal deposit.

An insurance company came out to mend the knife, saying that large banks would face billions of dollars in additional deposit insurance due to the losses caused by the collapse of Silicon Valley Bank earlier.

Cost, the market atmosphere has deteriorated; Wall Street's three major indexes fell across the board, and the Dow Jones index fell by 0.66%; Standard & Poor's 500 index fell 0.19%, Nasdaq

The composite index fell by 0. 18%.

The Bank of England announced an interest rate increase of 0.25% as expected yesterday, and the interest rate of the US dollar was not exceeded. The gold market took advantage of the trend and the highest price of gold was $2,048.2, but after that,

A realistic turning point; The number of Americans applying for unemployment benefits rose last week, while the producer price index increased in April, but the increase was lower than expected.

The key to reversing the gold market is that Federal Reserve Voter Kashkali said that if inflation remains high, it is necessary to maintain high interest rates for a longer period of time.

The US dollar index was strong, and it returned to the 102 mark. The price of gold plummeted by $37, with a minimum of $2011.2, and finally closed at $14.7 in 2015.

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