Weekly

Pressure to raise interest rates slows down.

2023-06-01

June 1st.

Today's amplitude interval

The market is waiting for the result of the vote on the US debt ceiling. On the other hand, Federal Reserve officials Ehak and Jefferson said at the same time yesterday that unless it is non-agricultural on Friday,

The report exceeded expectations, otherwise they tended to give up raising interest rates in June, and the gold market rebounded with the support of doves. Labor data has become the focus of the Fed.

Considering the interest rate hike, according to market analysis, the US labor market has begun to slow down, and it is expected that there is little chance of raising interest rates in June; As for the investment in the US debt ceiling

The result of the vote should be affirmative. After the bill is passed, the price of gold may fluctuate for a moment, so you can take the opportunity to buy more. Today's suggested volatility ranges from $1946 to $1946.

1979 dollars.

Hong Kong stocks rose slightly as soon as possible, ending the four-day losing streak, but it was only a dead cat bomb. Yesterday, the decline deepened and fell to the edge of 18,000 points at most. Hang Seng Index opened lower.

At 180 o'clock, the manufacturing purchasing managers' index of the mainland in May was still below the dry line, and the figure was backward compared with April, which was not as good as expected. The Hang Seng Index was the highest.

It fell 550 points more, reaching a high of 18,044 points and closing at 18,234 points, down 361 points or 1.9%. The US House of Representatives will discuss the debt on Wednesday evening local time.

All votes shall be made by agreement in principle. Republican House Speaker McCarthy said that the debt ceiling bill will be passed and become law, and it has not been resolved.

Before, the bill was still the focus of the market. The three major European stock markets fell by more than 1%, the DAX index in Germany and the CAC index in Paris fell by 1.54%, and the United Kingdom

The FTSE 100 index fell 1.01%.

The United States has reached an agreement in principle on the debt ceiling, and it is about to vote in the Senate and the House of Representatives. Time is very tight, and the market is extremely concerned about the voting process of the bill.

If there is a mistake, the United States will still fall into the crisis of debt default; Wall Street's three major indexes fell across the board, and the Dow Jones index fell by 0.4%. Standard & Poor's 500 Index

The index fell by 0.54%, and the Nasdaq Composite Index fell by 0.63%. On the one hand, the market pays attention to the process of the United States voting on the debt ceiling in both houses, and on the other hand, notes

Depending on the dynamics of the US Federal Reserve, due to investors' bet on the slowdown of the labor market, the market's expectation of raising interest rates in June is slightly higher than 30%. Federal Reserve official Ai

Huck and Jefferson said at the same time yesterday that unless Friday's non-farm payrolls report exceeds expectations, they tend to give up raising interest rates in June and get doves.

Yes, the gold market rebounded slightly yesterday. The highest price of gold was $1,974.8, and the lowest price was $1,953.7, up $3.1 from $1,962.6.

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