Weekly

July 4th.

Today's amplitude interval

Institute for supply management's manufacturing purchasing managers' index hit a new low in 37 months, indicating that inflation has a chance to improve, easing some of the Fed.

Under the pressure of raising interest rates, the US dollar index fell and the price of gold rose slightly yesterday. The gold market is still struggling under the expectation of raising interest rates, and non-agricultural figures are available this week.

The opportunity comes back to the trend of the gold market. Before the data was released, the gold market still lacked direction. Today's suggested volatility ranges from $1915 to $1928.

Last week, the U.S. economic data showed strong performance, and the U.S. GDP and employment figures were better than the market budget. Last Friday, the price of personal consumption expenditure was announced.

The slight decline in the index shows that the American economy has the opportunity to get rid of stagflation and has a good investment prospect; In addition, US Treasury Secretary Yellen will visit China, China and the United States

Because of the opportunity to improve and boost the market atmosphere, Hong Kong stocks opened higher and closed higher. The Hang Seng Index rose more than 80 points at the opening, up 455 points at most, and closed up 390 points or 2.06%.

It closed at 19306.

The euro zone announced the manufacturing purchasing managers' index in June, which was slightly lower than expected. However, nagel, a member of the European Central Bank Management Committee and governor of the German central bank, said

It shows that the European Central Bank still has a way to go in raising interest rates, and believes that it should continue to shrink its balance sheet in the next few years, the three major European stock markets.

Across the board, Germany's DAX index fell by 0.43%, France's Paris CAC index fell by 0.18%, and Britain's FTSE 100 index fell by 0.04%. Us treasury secretary

Yellen will visit China this week, and investors hope that the two countries can use this to repair their relations. In addition, the United States announced the manufacturing industry in institute for supply management in June.

The purchasing managers' index hit a new low since May 2020, which eased the pressure of raising interest rates. The three major indexes on Wall Street rose across the board, and the Dow Jones index rose by 0.03.

%, the S&P 500 index rose 0.12%, and the Nasdaq Composite Index rose 0.21%.

The gold market lacked direction, and fell to $1,910.1 in the early stage. Later, the bulls released the institute for supply management Manufacturing Purchasing Managers Index in June by the United States.

Record a new low in 37 months, the latest figure is 46 points, lower than the market expectation of 47.2 points, and the manufacturing data is weak, which has the opportunity to limit the Fed hawks.

Style, bulls chase after victory, the highest price of gold reached $1,931.1, but it was too late to continue, and finally closed at $1,921.5, a slight increase of $2.

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