Weekly

It is hard to rise

2023-06-27

June 27th

Today's amplitude interval

The market is concerned about the trend of the Federal Reserve. The bond market reflects that the probability that the Federal Reserve will raise interest rates by 25 points in July is over 75%, because US Federal Reserve Chairman Powell

It has been clearly stated that there are still two interest rate hikes this year, and the investor's budget is not excessive. The price of gold fluctuated around $1,920, and this week there is Midland.

Store the consumer price index that is of great concern. See you then. Today, the volatility suggested yesterday is maintained at $1912 to $1930.  

The relationship between China and the United States is still tense. The United States pushed the boat with the tide and put pressure on American enterprises and the Western camp. Western funds gradually flowed out of the China market and switched to it.

In other emerging markets, the FOB price of RMB continued to weaken. Yesterday, it once fell below the conversion price of 7.24 US dollars, a record low in the past seven months, while the Hang Seng Index fell five times in a row.

Day, down 95 points or 0.51%, to 18794 points. Fortunately, with the return of Beishui, the daily turnover in the big market is still less than HK$ 84 billion, indicating that selling pressure is disappearing.

Lost, Hong Kong stocks are expected to rebound.

There was a military remonstrance in Russia, and the Wagner Group, the main mercenary organization that Putin relied on to attack Ukraine, broke away from the Russian military leadership and once went straight.

Forced Moscow, but the group sounded the golden bell in one day; The Russian President made a speech and promised never to pursue the Wagner Group. The Russian civil war has intensified.

The risks in Europe, coupled with European data showing that the economic outlook may shrink, led to the development of the three major European stock markets, and the German DAX index fell by 0.11.

The CAC index in Paris rose by 0.29%, while the FTSE 100 index in Britain fell by 0.11%.

Previously, it was reported that Westpac Bank, which was suspected of bankruptcy, sold its loan portfolio, causing investors to pay attention to whether the banking collapse crisis is still not over.

According to the report, bankers expect the situation to deteriorate further in the next six months, because the data show that the total amount of loans continues to decline and non-performing loans have increased.

Be pessimistic about the bank's prospects. Wall Street's three major indexes fell across the board, with the Dow Jones index down 0.04%, the Standard & Poor's 500 index down 0.41%, and Nasdaq.

The composite index fell by 1.16%. The gold market continued to rise last Friday, and long investors continued to try to fight back, and the market opened up step by step, with the highest price of gold reaching 1933.4.

However, the market is concerned about the trend of the Federal Reserve, and the bond market reflects that the probability that the Federal Reserve will raise interest rates by 25 points in July is over 75%, and the increase in gold prices is narrowed.

It finally closed at $1923.2, up $1.9.

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