Weekly

gamble rebound

2023-05-19

May 19th

Today's amplitude interval

The debt ceiling problem in the United States continues to develop in a positive direction. Opposition leader McCarthy said that the debt ceiling bill can be raised in the House of Representatives as early as next week.

Ticket, gold hedging function plummeted. Coupled with the tight labor data in the United States, investment worries that the Federal Reserve will extend the interest rate hike cycle, and the US dollar index broke through 103 points.

The market closed below $1,960. The gold market is weak, and it is possible to try the low position again. Seeing $1,943 can actively fight for a rebound. Today's suggested volatility is $1943.

To 1969 dollars.

There was a turning point in the US debt ceiling negotiations, which helped US stocks rise by more than 1% every other night, while Hong Kong stocks opened higher and closed higher. The Hang Seng Index rose more than 140 points, and then reversed.

After rising, the market rose by 333 points at most, and the closing increase narrowed, rising by 166 points or 0.9% to close at 19,727 points. The market turnover shrank to HK$ 98.6 billion; Shengshicheng

The volume of trading decreased, but the volume of falling market was relatively large, reflecting that investors are wary of the economic prospects of China and Hong Kong, and it is expected that Hong Kong stocks will remain under pressure in the short term.

The market is concerned about the debt crisis in the United States. As the debt ceiling in the United States continues to develop well, European stock markets rise closely behind Asian stock markets, and finally Europe

The three major stock markets fell across the board, with the German stock market performance rising by more than 3% due to Volkswagen and Commerzbank respectively, helping the German DAX index to rise by 1.31%.

The CAC index in Paris rose by 0.64%, while the FTSE 100 index in Britain rose by 0.26%.

US President Biden and opposition leader McCarthy made progress in the negotiations on the US debt ceiling, although House Speaker McCarthy still said that he would not let go.

Abandoning the negotiation conditions that we are striving for, but it is estimated that the entire Republican Party dare not risk the world's disapproval, which directly bankrupts American credit, but the so-called play is a complete set.

Extras are all actors, and McCarthy has done enough. The market also believes that the opposition party represented by McCarthy is just a dead duck: "Hard mouth! "da

It's only a matter of time before an agreement is reached. On the other hand, some US Democratic senators told US President Biden that they were ready to use the 14th Amendment to avoid it.

Debt default, both hands are ready, and the process is more optimistic. The market's nervousness about the US debt default eased slightly, and the three major indexes of Wall Street were all

The Dow Jones index rose by 0.34%; The Standard & Poor's 500 Index rose 0.94%, and the Nasdaq Composite Index rose 1.51%.

The debt ceiling problem in the United States continues to develop in a positive direction. Opposition leader McCarthy said that the debt ceiling bill can be raised in the House of Representatives as early as next week.

Tickets, the gold market is hit again. On the other hand, the labor data is tight, and the number of initial jobless claims has fallen more than expected. The market is worried that the Fed will extend the increase.

During the interest rate cycle, the US dollar index broke through 103 points, and the gold price fell for three consecutive days. The highest price of gold was $1,986.1, and the lowest price was $1,952, closing at $1,957.7.

Down $24.3.

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