Weekly

May 24 th

Today's amplitude interval

The U.S. debt ceiling problem has not been solved, and the market is beginning to be bothered by the news. In fact, the price of gold fell below the $2,000 mark last week, which really reflected the negotiations.

Results; On the contrary, the purchasing managers' index of American manufacturing industry once again fell below the dry line, and the market's fear of the US economy falling into recession warmed up, and the price of gold was expected to swing.

Take off the decline. Today's suggested volatility ranges from $1970 to $1985.

Hong Kong stocks still maintained a weak trend, with Hong Kong stocks opening higher and closing lower. Monday's rebound was fully reimbursed and fell sharply yesterday. The Hang Seng Index opened 35 points higher, but

The possibility of US debt default continues to haunt investors. Hong Kong stocks fell by more than 300 points at most, and the closing decline narrowed. The Hang Seng Index closed at 19,431 points, down 246.

The turnover of Hong Kong stocks was less than HK$ 100 billion for the fourth consecutive day, indicating a weak investment climate.

The manufacturing purchasing managers' index of the euro zone and the United Kingdom unexpectedly regressed in May, with the latest figures of 44.6 and 46.9 respectively. The market expects new data in May.

The sub-data will be improved compared with the same data in April, but as a result, the release of two sets of figures disappointed investors. The three major European stocks fell across the board, while Germany

DAX index fell by 0.46%, CAC index in Paris fell by 1.33%, and FTSE 100 index in Britain fell by 0.11%.

US President Biden and opposition leader McCarthy continued negotiations on the US debt ceiling, but there was still no result. McCarthy said that despite the goal,

No agreement has been reached so far, but the debt ceiling negotiators may still complete their tasks before June 1; Unfortunately, investors are beginning to hate this procrastination.

The political show, coupled with the United States in May manufacturing purchasing managers index fell below the dry line again, tired of the three major indexes on Wall Street fell across the board, the Dow Jones index fell.

0.69%； The Standard & Poor's 500 Index fell 1.11%, and the Nasdaq Composite Index fell 1.26%.

The market is concerned about the US debt ceiling. McCarthy, Speaker of the US House of Representatives, who represents the blocking of the passage of the bill, said that the representatives of the two sides in the debt ceiling negotiations still

It is possible to complete the task before June 1 to avoid the catastrophic event of debt default in the United States, but things have been fermenting for many days and the market has begun to get tired of the news.

Disturbed, the gold price continued to be depressed in the early period, with the lowest price reaching $1,954.3. After that, the purchasing managers' index of manufacturing industry in the United States fell below the dry line again in May, and the gold price rebounded.

It peaked at $1,977.8 and closed at $1,975.1, up $3.4.

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