weekly

Fall into the demand area

2023-05-17

May 17th

Today's amplitude interval

The chances of avoiding debt default in the United States have increased, coupled with strong economic data, the US dollar index has risen above 102.5, and the gold market has fallen off a cliff, falling below the $2,000 mark.

Since the gold market has just fallen into the demand area, the support of $1982 cannot be lost. Today's suggested volatility ranges from $1,986 to $2,000.

The data of the "troika" in the mainland was weaker than expected, and the market was closely concerned about the debt ceiling of the United States, so investors were afraid to rush into the market and the Hang Seng Index closed at 20,000 points.

The mouth can be recovered. Hong Kong stocks opened 212 points higher, but the economic data in the mainland deteriorated, and investors took advantage of the high harvest. The Hang Seng Index finally rose 71 points or 0.01% to 19,979.

Click to close. The daily turnover in the market was 78.39 billion yuan, the lowest in the past two weeks. As the market is concerned about the debt ceiling of the United States, the United States will wait for the US market.

The latest changes in the negotiations between the representatives of the United States and the opposition, the quiet trading atmosphere in the market, and the unexpected increase in the number of unemployed people in Britain, and the euro zone economy.

The outlook data is negative. The three major European stock markets fell across the board, with Germany's DAX index falling by 0.09%, France's Paris CAC index falling by 0.16% and Britain's FTSE 100.

The index fell by 0.34%.

There seems to be a trend of mutual compromise in the negotiations between the representatives of the US President and the opposition. The number of bills passed through consultations has increased, but before the results, US Treasury Secretary Yellen

Continue to make threatening remarks. The U.S. economic data is good, the market reflects that the probability of the Federal Reserve raising interest rates next month will increase by more than 15%, and the three major indexes of Wall Street will fall across the board.

Dow Jones index fell 1.01%; The Standard & Poor's 500 Index fell by 0.63%, and the Nasdaq Composite Index fell by 0. 18%. The market is concerned about the US debt ceiling, on behalf of

Mccarthy, speaker of the US House of Representatives who blocked the passage of the bill, said that in this negotiation, the foundation for further dialogue was laid.

Schumer, another US Senate Majority Leader who participated in the negotiations, even said that McCarthy agreed to adopt measures based on bipartisan cooperation. Schumer didn't come with certainty.

Answer a reporter's question about whether the debt ceiling will be passed soon. The chances of avoiding debt default in the United States have increased, and coupled with strong economic data, the US dollar index has risen.

In 102.5, the gold market fell off a cliff and closed below the $2,000 mark. The highest price of gold was $2018.4, and the lowest price was $1,985.5, closing at $1,988.9.

City, down $27.5.

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