Weekly

July 13th

Today's amplitude interval

Although the call for the Fed to raise interest rates by 0.25% in July is still very high, investors see that the inflation data released last night has cooled down and expect the Fed to be here as soon as possible.

It will complete its interest rate hike cycle in the future; Yesterday, it was mentioned that the price of gold began to get rid of the downward track, and inflation hit a new low in 27 months, which rushed through the long-term rise in one fell swoop.

The Faber's golden ratio is 0.5, which is $1,943, and once approached $1,960. As long as the price of gold keeps $1,943, it will keep rising.

Today, the volatility suggested yesterday is maintained at $1,948 to $1,965.

The American investment bank published a research report, pointing out that the registration of the consumer price index in the United States will be flat or even fall back; Investors expect the Fed to be tight.

The contraction policy came to an end, and the offshore RMB rose above 7.19 against the US dollar, creating a three-day rise in Hong Kong stocks in Kaohsiung for more than three months. The Hang Seng Index undertakes every other night.

Shares rose, opening 137 points higher and rising more than 272 points at most. The Hang Seng Index finally closed at 18,860 points, up 210 points or 1.08%. The United States announced the June minute last night.

Inflation data, the latest figure is lower than market expectations, indicating that prices are cooling down. The market expects the Federal Reserve to exercise restraint in raising interest rates, and the US dollar.

Continued weakness stimulated the three major European stock markets to rise by more than 1%, Germany DAX index rose by 1.47%, France Paris CAC index rose by 1.87%, Britain.

The FTSE 100 index rose by 1.53%.

In June, the consumer price index in the United States rose by 3% year-on-year, which was lower than the market expectation of 3.1%, and set a record for the smallest growth since 2021. Although the market is still

I believe that the Fed will not take it lightly. It is expected that the Fed will still insist on raising interest rates by 25 points in July, but the fall in inflation data is expected to limit the hawks.

Advocate; Wall Street's three major stock indexes rose across the board, with the Dow Jones index up 0.25%, the Standard & Poor's 500 index up 0.74% and the Nasdaq Composite Index.

Up by 1.15%.

Last night, the United States released the inflation data for June, and the consumer price index rose by 3% year-on-year, which was lower than market expectations and set a record for the smallest growth since 2021.

The fall in inflation data is expected to limit the hawks' claims; Although the market thinks that the call for the Fed to raise interest rates by 0.25% in July is still very high, no matter

Anyway, the Fed's tightening policy is coming to an end, and the US dollar index first reflects that it has softened to 100.5 level, and the gold price has broken the position; Gold price is the highest

It was 1959.8 yuan, the lowest was 1932.3 dollars, and it finally closed at 1957.5 dollars, up 25 dollars.

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