Weekly

Being consolidated

2023-05-16

May 16th

Today's amplitude interval

The US debt default remains a threat to the market, and many Fed officials show hawkish stance, but it is not expected that the Fed will pass the next two interest rate meetings.

After raising interest rates, the price of gold is still consolidating at $2,000. Today's suggested volatility ranges from $2005 to $2020.

With the announcement of the inclusion of four new shares in the Hang Seng Index, the number of constituent stocks in the Hang Seng Index will increase to 80, and Tencent's position will become more important, and its weight will be increased.

Up to 8%. Tencent will announce its first quarter results this Wednesday. The market expects its median net profit to increase by 15.2% year-on-year, and Tencent's share price is strong.

Leading a group of technology stocks to rise, Hong Kong stocks opened lower and closed higher. The Hang Seng Index opened lower by more than 100 points, and Tencent's share price rose by 4%. The Hang Seng Index finally rose by 343 points or 1.7.

5%, closing at 19,971 points.

The European Union raised its economic forecast for the Euro Zone yesterday. It is estimated that the economic growth forecast for this year and next will be slightly raised by 1.1% and 1.6%, and the euro will rise by 0.8% against the US dollar. And in

After the epidemic, European luxury goods stocks continued to lead the way, and the investment-friendly atmosphere was improved. The three major European stock markets turned positive in an all-round way, and the German DAX index rose by 0.49%.

The CAC index in Paris rose by 0.45%, while the FTSE 100 index in Britain rose by 0.31%.

The market is concerned about the U.S. debt ceiling. U.S. President Biden will start negotiations with House Representative McCarthy, but the result is still a mystery! American small and medium-sized

Bank risk seems to be showing signs of improvement, US financial stocks are doing well, the Dow Jones index has finally broken its five-day losing streak, the three major Wall Street indexes are all up, and Dow Jones

The index rose by 0.15%; The Standard & Poor's 500 Index rose 0.33%, and the Nasdaq Composite Index rose 0. 66%.

The market is concerned about the US debt default crisis. Finance Minister Yellen has warned many times that if the debt ceiling cannot be raised, it may happen as early as June 1.

The first debt default in recent years will cause incalculable and devastating blows to the economy and affect the global financial system. Gold prices continue to consolidate at $2,000, gold

The highest price was $2022.1, and the lowest price was $2007.8, which closed at $2016.4, up $5.4.

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