Weekly

May 29

Today's amplitude interval

The United States basically reached an agreement on the debt ceiling, and the market paid attention to the Fed's backward direction. Several Fed showed a hard stance, and the market raised interest rates again for the Fed.

It is expected to heat up, and several data last week also supported their views. Investors turned to believe that the Fed will continue to raise interest rates, and the budget gold market will bear it.

Press. The gold price market failed to shake off the decline every day. Today, the suggested volatility before the end of last week is maintained at $1,934 to $1,952.

The performance of Hong Kong stocks derailed from the European and American markets last week. Although the market opened on Monday, it ushered in a rebound. Although the Hang Seng Index opened higher last Monday, the US debt could default

Energy continues to plague investors; Due to the deadlock in the negotiation of the US debt ceiling, Fitch Ratings, a credit rating agency, rarely put the US rating into a negative view.

Looking at the list, coupled with the serious capitalization of the RMB, the RMB fell below 7 against the US, and Hong Kong stocks fell for three consecutive days before the Buddha's birthday holiday. After a week, the Hang Seng Index fell.

703 points, or 3.62%, closed at 18746 points.

The negotiations on the debt ceiling in the United States are still deadlocked, although McCarthy, the Republican Speaker of the House of Representatives representing the opposition, said that it may be with the General Assembly this weekend.

Biden reached a principled debt ceiling agreement; However, with the lapse of time, the risk of US debt default becomes heavier and heavier, which affects the market investment.

The three major European stocks fell across the board last week, with Germany's DAX index down 1.79%, France's Paris CAC index down 2.31% and Britain's FTSE 100 index down 1.67.

%。

McCarthy, Speaker of the Republican House of Representatives, told the media that the differences in negotiations were narrowing, and after all-night negotiations, the two sides finally reached an agreement in principle.

As a result of the discussion, I believe that the United States will not fall into the crisis of debt default. The three major indexes of Wall Street developed individually last week, and the Dow Jones index fell by 1%. Standard & Poor's

The 500 index rose 0.42%, and the Nasdaq Composite Index rose 3.21%.

US President Biden and Republican Speaker of the House of Representatives McCarthy wrestled over the debt ceiling. After all-night negotiations in the United States last Friday, through the efforts of both sides,

Reach an agreement in principle at the negotiating table to avoid the crisis of national debt default. Investors have long expected that both sides will reach an agreement in the end.

With the decline of the function of avoiding tunnels and the hawkish stance of several Fed officials, the gold market continued to test the bottom, with the highest price of gold reaching $1,985.4 last week and the lowest price reaching $1,938.9.

Dollars, closing at $1946.9, fell by $31 a week.

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