Weekly

May 26th

Today's amplitude interval

The United States has the opportunity to reach an agreement on the debt ceiling before the end of this week. In addition, the first quarter GDP of the United States is better than expected, and the market is again interested in the Fed.

The expectation of the second interest rate hike warmed up, and the gold price failed to get rid of the decline every day, and continued to try the bottom, falling below the support of $1,950. Today's suggested volatility ranges from US$ 1934 to 1952.

Dollars.

Due to the deadlock in the negotiations on the US debt ceiling, US stocks fell every other night, and Hong Kong stocks opened lower. Due to the US debt crisis, Fitch Ratings, a credit rating agency.

Rarely, the US rating was included in the negative watch list, and the risk aversion was strong. In addition, the RMB went seriously, and the RMB fell below 7 against the US, and Hong Kong stocks relied on it.

Old weakness; The Hang Seng Index opened 185 points lower, with a maximum drop of 495 points, closing at 18,746, down 369 points or 1.9%, falling for the third consecutive day.

Negotiations on the debt ceiling in the United States are still deadlocked, although Republican House Speaker McCarthy, who represents the opposition, said that he may meet with the President this weekend.

Biden reached a principled debt ceiling agreement; However, as time goes by, the risk of US debt default becomes heavier and heavier. Disagree on many issues

Still huge. The problem of U.S. debt default has made the market investment more and more uneasy. The three major European stocks fell across the board, and the German DAX index fell by 0.19%.

The CAC index in Paris, France fell by 0.2%, and the FTSE 100 index in Britain fell by 0.51%.

McCarthy, Speaker of the Republican House of Representatives, told the media that the differences in negotiations are narrowing. After all-night negotiations, although there are still outstanding issues,

His team has been instructed to work around the clock to solve this problem, and it is expected to reach a principled debt ceiling agreement with President Biden tomorrow. The Three Fingers of Wall Street

In several individual developments, the Dow Jones index fell by 0.11%; The Standard & Poor's 500 Index rose 0.88%, and the Nasdaq Composite Index rose 1.71%.

The United States has a chance to reach an agreement on the debt ceiling before the end of this week. McCarthy told the media that the negotiations have progressed, although there are still problems to be solved.

However, there is still a chance to reach an agreement on the principle of the debt ceiling, the United States has a chance to avoid debt default, and the first quarter GDP of the United States is better than expected.

The market's expectation for the Fed to raise interest rates again warmed up, and the gold market continued to test the bottom. The highest price of gold was $1,964.8, and the lowest price was $1,938.9, which was 1940.6.

The dollar closed down $16.6.

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