Weekly

June 20

Today's amplitude interval

During the American holiday, the gold market was relatively quiet, influenced by the eagle of the European Central Bank, and the market was waiting for the Bank of England to discuss interest rates. The gold market lacked direction and fell within a narrow range yesterday.

Fall. The gold market has recently been subject to the hawkish behavior of the European Central Bank, and there is a greater chance of a downward shock. Today's suggested volatility ranges from $1,940 to $1,960.

    
US Secretary of State blinken visited China and held five and a half hours of talks with China's Foreign Minister Qin Gang. After the meeting, both sides said that the process was frank, constructive and expected.

Continue dialogue, reduce the risk of misunderstanding and misjudgment, and establish long-term and stable relations between the two countries. And Xi Jinping even received blinken without prior publicity.

To the surprise of the market, the impact between China and the United States has the opportunity to slow down; Unfortunately, the mainland has cut interest rates, and the interest rate market has risen in the west and fallen in the east, encouraging continuous capital investment.

The decline dragged down the performance of Hong Kong stocks. The Hang Seng Index opened 56 points lower, with a maximum drop of 321 points. In the afternoon, the media reported that blinken would meet with Chinese President Xi Jinping, and the Hang Seng Index was the highest.

The final decline narrowed by 127 points or 0.64%, closing at 19,912 points and falling below the 20,000-point mark.

After European Central Bank President Lagarde announced the results of the interest rate meeting last week, he told reporters that inflation in the euro zone is expected to remain high for a very long time.

The European Central Bank is likely to continue to raise interest rates in July. Yesterday, another member of the Executive Committee of the European Central Bank said that the inflation rate in the euro zone may exceed the forecast.

The measured value means that we would rather have too much interest rate policy than too little. The European Central Bank is hawking and squeezing the risk market, and the three major European stock markets are all offline.

Germany's DAX index fell by 0.96%, France's Paris CAC index fell by 1.07%, and Britain's FTSE 100 index fell by 0.66%.

American holidays, US stocks closed.

During the American holidays, the gold market was relatively quiet, influenced by the hawking of the European Central Bank, and the market was waiting for the Bank of England to discuss interest rates. The gold market lacked direction and the gold price was the highest.

1958.8 dollars, the lowest was 1947.8 dollars, fluctuating within a narrow range of 11 dollars; It finally closed at $1950.4, down $7.1.

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