Weekly

July 10th.

Today's amplitude interval

In the game between China and the United States, it is impossible for the relationship between the two sides to return to the honeymoon period of reform and opening up, and fighting without breaking may be the best result; Renminbi continues to depreciate.

It may also be an inevitable process. The inflation data in the United States is still high, and the labor market in the United States shows resilience, although the number of employed people increased on Friday.

The slowdown is expected to hinder the confidence of the Federal Reserve in raising interest rates to combat inflation. Under the extension and tightening policy of the Federal Reserve, the gold price has also

Will be suppressed. Today's suggested volatility ranges from $1910 to $1935.

In the game between China and the United States, US Treasury Secretary Yellen's visit to China means that the United States does not seek decoupling and is willing to work with China to stabilize the macro economy and cope with global challenges.

Strengthen cooperation in the war, seek mutual benefit and win-win results in the US-China economy, and proceed from the overall situation. It is impossible for Sino-US relations to return to the honeymoon period of reform and opening up and fight instead.

Breaking may be the best result; Foreign capital, especially American capital, has more political considerations when investing in China, and the continuous depreciation of RMB may also be an inevitable process.

I am worried that the US Federal Reserve will continue to raise interest rates, and the Asia-Pacific stock market is now in a small stock market crash. Of course, Hong Kong stocks are not spared and lead the decline! The Hang Seng Index fell 550 points in a week.

Or 2.9%, closed at 18,365 points.

Investors pay attention to the record of interest rate discussions in the United States released by the Federal Reserve last Thursday morning, showing that in June, although the Federal Reserve suspended interest rate hikes once that month, most of them

Members believe that the Federal Reserve needs to raise interest rates at least twice this year to curb inflation. Similarly, the European Central Bank is also facing the problem of high inflation, and it is also difficult for the European Central Bank.

In order to assert when the interest rate hike cycle can end, the three major European stocks fell across the board last week, Germany's DAX index fell by 3.37%, and France's Paris CAC index

The index fell 3.89%, while the FTSE 100 index fell 3.65%.

Yesterday, the Federal Reserve announced the minutes of the June interest rate meeting, which showed that some officials supported raising interest rates because the US labor market was very tight, indicating that the economic momentum exceeded.

Expect and see no evidence that inflation will gradually return to the 2% target; Last Thursday, the US small non-agricultural data in June was the largest since February 2022.

Increase, and the number of layoffs is also the lowest in half a year. Although the number of non-agricultural employees last Friday was lower than expected, the salary trend accelerated and failed

Completely eliminate the market's worries about the Fed's interest rate hike. The three major stock indexes on Wall Street fell across the board. In a week, the Dow Jones index fell 1.96%, the standard.

The Standard & Poor's 500 Index fell by 1.07%, and the Nasdaq Composite Index fell by 0.72%.

On Thursday morning, the Federal Reserve released the record of interest rate discussion in June, showing that some officials said that the labor market was very tight and the economic momentum exceeded expectations and could not be seen.

There is evidence that inflation will gradually return to the 2% target. Sure enough, last Thursday, a number called small non-agricultural data broke the mark, the highest since February 2022.

Significant increase, although the number of non-agricultural employees last Friday was lower than expected, the salary trend accelerated, which failed to completely eliminate the market's concern about raising interest rates by the Federal Reserve.

Worried, the gold market fluctuated upward last week, with the highest price of 1935.1 yuan, the lowest price of 1902.7 dollars, and finally closed at 1925.5 dollars. A week, up 6.

Dollars.

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