Weekly

July 3 

Today's amplitude interval

The inflation data in the United States is high, the domestic labor market in the United States is booming, and consumers' confidence in the economic prospects in the United States supports prices. The Federal Reserve is cracking down.

Inflation still insists on raising interest rates, and the gold market will be suppressed under the extension and tightening policy of the Federal Reserve. This week, non-agricultural figures can be linked again.

As a consideration of raising interest rates, the Reserve Board will also affect the trend of the gold market. Today's suggested volatility ranges from $1905 to $1922.

The relationship between China and the United States is still tense. The United States pushes the boat with the tide and puts pressure on American companies and Western camps. Western funds gradually flow out of the China market and switch to other countries.

In emerging markets, it is said that mainland banks sell US dollars in RMB, but the FOB price of RMB continues to weaken. Last Friday, it once fell below the conversion price of 7.27 US dollars.

Hit a low in nearly seven months. The Financial Secretary, Chen Maobo, said that local production had increased by more than 100% compared with 1997, and he only talked about the achievements left by predecessors, but did not mention the recent economic situation.

Challenge, it is suspected that shattered glass is ignored. The performance of Hong Kong stocks is not good enough. Although the Hang Seng Index has risen by 0.14% in a week, its performance this year is not good.

It fell by 4.4%, making it the worst stock market in Asia.

Although the Federal Reserve and the European Central Bank are constantly hawking, the economic data released by the United States yesterday is better than the market, indicating that the economic outlook may not be in the tightening policy.

One-way downward trend, coupled with the performance of European fast fashion retail stocks beating expectations, and the inflation in the euro zone has cooled down, the three major European stock markets are on the whole line.

Yang, in a week, Germany's DAX index fell by 2.01%, France's Paris CAC index rose by 3.3%, and Britain's FTSE 100 index rose by 0.93%.

The US presidential election is just around the corner, and the current President Biden issued economic policy guidelines yesterday, saying that he would increase public investment, infrastructure and public education.

Expenditure, and prevent the loss of employment opportunities overseas, good for the economy. The Fed continues to put on the eagle, Atlanta Fed President Bostic said yesterday.

Even if the bureau doesn't raise interest rates further, the Federal Reserve can't cut interest rates earlier than this year or even next year. In terms of data, the U.S. gross domestic product compares with the employment figures.

The market budget is good. Last Friday, the price index of personal consumption expenditure dropped slightly, and the three major indexes of Wall Street rose across the board. To sum up, Dow Jones

The Dow rose 2.02%, the Standard & Poor's 500 index rose 2.38%, and the Nasdaq Composite Index rose 0.93%.

Federal Reserve Chairman Powell put an eagle on the forum of the United Central Committee last week. He said that in the past six months, American commodity prices have been falling, but they are supplying.

Driven by the easing of the chain problem and the shift of consumer spending to the service industry, the Fed's monetary policy has not yet played a repressive role, indicating that inflation is still strong.

The possibility of raising interest rates continuously is not ruled out. The US economic data performed relatively well, and the expectation of raising interest rates put pressure on the gold market. The lowest price of gold last week was 1,893.4 US dollars.

Yuan, the highest price of gold reached $1,933.4, and closed at $1,919.5 last Friday, down $1.8 for a week.

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