Weekly

June 16th

Today's range

The market digested the Fed chairman's suggestion that tightening is still not over, suggesting that there may still be a chance of two rate hikes this year, and gold prices commented as they did yesterday

Generally testing the lows of mid-March this year, after the European Central Bank announced a 0.25 rate hike, the dollar index fell to the edge of 102 points, and gold prices rebounded in a V-shape. Gold price this

A wave of rebound came a bit urgent, the so-called wind will not end, and 1970 is still the key to the price of gold to rise below this year's high, it is expected that there is not much upward space.

Today's recommendation ranges from $1950 to $1968.

 
The US Federal Reserve released the results of its interest rate meeting, the result of the market as expected to suspend the increase in interest rates, but the chairman of the Federal Reserve indicated that tightening policy is not yet finished, suggesting that it is possible

There are still two opportunities to raise rates this year. Hong Kong stocks closed higher as investors looked forward to more stimulus measures as mainland banks cut interest rates

The Hang Seng index opened 218 points higher and rose as much as 423 points before closing up 420 points, or 2.2 percent, at 19,828. The Fed, as expected, fell

After raising interest rates once in June, the European Central Bank went in the opposite direction, announcing a 0.25% rate hike yesterday, and the euro rose in favor of investors, which are denominated in euros

Stocks fell under pressure, and finally the three major European stock markets developed separately, Germany's DAX index fell 0.13%, and France's Paris CAC index fell 0.51%,

Britain's FTSE 100 was up 0.34 percent.

The US Federal Reserve announced the result at 2 am yesterday, as expected by the market, the bureau set the fund rate at 5.25%, but Europe

The European central Bank raised interest rates by 0.25%, and the euro gained more than 1% against the dollar as currency investors chased the dollar's decline, adding to the appeal of U.S. stocks on Wall Street

All three major indexes also rose more than 1 percent, with the Dow up 1.26 percent, the S&P 500 up 1.22 percent and the Nasdaq composite up 1.15 percent.

The US Federal Reserve released the results of its interest rate meeting, which was as expected, but the chairman of the Federal Reserve indicated that tightening policy is not yet finished, suggesting

There may still be two interest rate hikes this year, with gold falling as low as $1,925 in early trading after the European Central Bank announced a 0.25 rate hike

As the index fell to the edge of 102, gold rallied, rising as high as $1,958 before closing at $1,958, up $16.9.

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