Weekly

Expectation of interest rate increase

2023-06-08

June 8

Today's amplitude interval

The Bank of Canada unexpectedly raised interest rates by 0.25%, which triggered investors' worries that the Fed's tightening policy was not over yet. The probability of raising interest rates in July rose to 52%.

Under pressure. The market is still waiting to see next week's inflation data and the Fed's interest rate decision. Yesterday's fall reflected the expectation of raising interest rates again in July, and the gold market will still be in 1940-19.

It fluctuates between 70 dollars. Today's suggested volatility ranges from $1,940 to $1,956.

Us stocks rose across the board every other night, and hong kong stocks followed suit, opening higher and closing higher. The Hang Seng Index opened higher by more than 227 points or 1.2%, but the General Administration of Customs of China announced the import and export in May.

Data, export figures fell more than expected. The latest export figures decreased by 7.5% compared with the previous year, which was lower than the 0.4% retrogression expected by the market. And the year-on-year decline in import figures

The rate of decline has slowed down, from 7.9% in April to 4.5%, indicating that the economic recovery process in the Mainland has been hindered, which has limited the rise of Hong Kong stocks. The Hang Seng Index has at most

It rose more than 300 points, and only rose 152 points or 0.8% to close at 19,252 points.


 
The market continues to pay attention to the interest rate discussion actions announced by the Federal Reserve and the European Central Bank next week. Last night, the Bank of Canada announced a 25-point interest rate hike, which triggered investors' interest in the United States.

Worried that the austerity policy is not over yet, the three major European stock markets fell across the board, Germany's DAX index fell 0.2%, and France's Paris CAC index fell 0.09.

The FTSE 100 index fell 0.05%. The Bank of Canada unexpectedly announced a 0.25% interest rate hike, which intensified investors' tightening policy towards the Fed.

The bet that the market reflects the probability of raising interest rates in July is 52%; Bank stocks in the United States generally rose, but technology stocks are more sensitive to the rise in interest rates, and Wall Street's three largest.

The stock indexes developed separately yesterday; The Dow Jones index rose 0.28%, the Standard & Poor's 500 index fell 0.38%, and the Nasdaq Composite Index fell 1.29%.

The gold market rose first and then fell, with fluctuations exceeding $30. The performance of mainland export data is worse than market expectations, which not only shows that China's economic recovery is not satisfactory, but also

Reflecting the slowdown in global demand, the price of gold rose early, reaching a peak of $1,970.2. During the US market, the Bank of Canada unexpectedly raised interest rates by 0.25%.

Investors are paying attention to the Fed's backward direction again. The market reflects that the probability of the Fed skipping a rate hike in June has dropped to less than 75%, and the opportunity to raise interest rates in July has dropped.

The rate rose to 52%, and the price of gold softened, closing at a daily low of $1,940, down $23.3.

For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator.
https://t.me/mingtak



Previous Article Next Article