Weekly

Four consecutive liters

2023-07-05

July 5 th

Today's amplitude interval

The market pays close attention to the May interest rate meeting record released by the Federal Reserve in the early hours of Thursday, and the non-agricultural data released this week, coupled with the US holiday, the investment atmosphere is weak.

The gold collar fluctuated in a narrow range. The price of gold rose for four consecutive days, with a cumulative increase of less than $20, and it was still subject to $1,943 under the expectation of raising interest rates. Non-agricultural figures this week

The word may have the opportunity to re-examine the trend of the gold market. Before the data was released, the gold market still lacked direction. Today's suggested volatility ranges from $1910 to $1928.

Before visiting China, US Treasury Secretary Yellen will meet with Xie Feng, the Chinese Embassy in the United States. The two sides will discuss Sino-US relations and multi-bilateral economic cooperation of common concern.

Exchange views on economic and financial issues. After the meeting, both sides agreed that the talks were frank and constructive. Sino-US relations have the opportunity to improve and continue to boost the market.

In the atmosphere, Hong Kong stocks opened lower and closed higher. The Hang Seng Index opened at 17 o'clock, with a maximum increase of 142 points, and closed at 109 points or 0.56% to close at 19,415 points. the Hong Kong stock

It has risen for three days in a row, but the transaction has been reduced to less than 80 billion Hong Kong dollars, which may be a shock.

The market is concerned about the record of interest rate decision in May released by the Federal Reserve in the early hours of Thursday, and the quarterly performance of enterprises. Coupled with the US National Day holiday yesterday, the investment atmosphere is cautious.

The three major European stock markets fell across the board, with Germany's DAX index falling by 0.26%, France's Paris CAC index falling by 0.23% and Britain's FTSE 100 index falling by 0.09%.

The American stock market was closed for the Independence Day holiday yesterday.

Yesterday's Independence Day holiday in the United States, the gold market closed early, and investors paid close attention to the May interest rate meeting record released by the Federal Reserve in the early hours of Thursday, and the announcement of non-agricultural products this week.

Data, cautious attitude towards entering the market, the price of gold fluctuated within a narrow range. The lowest price of gold was $1,920, and the highest price was $1,930.8. It finally closed at $1,925.9, with a slight increase of 4.4.

Dollars.

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