Weekly

July 24th

Today's amplitude interval

The United States announced that the number of people applying for unemployment benefits for the first time last week decreased by 9,000 to 228,000, less than the expected 240,000, supported by strong labor data.

Inflation has become an excuse for the United States to raise interest rates. The market expects that the probability of the Fed raising interest rates next week will be close to 100%, and the rise of the US dollar index will put pressure on gold prices.

There will be significant guidance on the gold price when the Federal Reserve announces the interest rate decision next Thursday morning. The price of gold fell back to the shocking region, and today's suggested volatility is between $1950 and $1970.

Last week, the mainland announced the second quarter GDP, which increased by 6.3% year-on-year, far below the market expectation of 7.3%. In order to revitalize the economy, China the State Council released it.

Opinions on Promoting the Development and Growth of Private Economy; Although the intention of the country is good, some people worry that Ma Yun's ant group will be severely punished for fertilizing leeks.

One billion dollars is an example, and investors have seen ghosts and are afraid of the dark, and they don't believe that slogan-style reforms can save the economic damage caused by state administrative instructions.

19,000 points were recovered, and a week fell by 338 points or 1.74% to close at 19,075 points.

Last week, Britain and the euro zone released the consumer price index of residents in the region. The annual growth rate of inflation massage in the euro zone was in line with expectations, while the annual inflation rate in Britain was reported at 7.9.

%, lower than the market expectation of 8.2%. The fall of inflation rate is expected to eliminate the pressure of the central bank to raise interest rates, and Eurostat has revised the euro zone to be the first this year.

Quarterly GDP, from 0.1% year-on-year, was revised up to no increase or decrease, and explained that the euro zone economy escaped the winter recession. To sum up, Germany

The DAX index rose by 0.45%, the CAC index in Paris rose by 0.79%, and the FTSE 100 index in Britain rose by 3.08%.

US Treasury Secretary Yellen commented on the US economic prospects, pointing out that although the number of employed people has slowed down recently and the salary trend has also declined, the overall labor market

The market is still strong, and inflation is also weakening. We don't think the American economy is in recession. Yellen's words gave confidence to the market, and the Dow Jones index rose 9.

On September, 2017, it was the longest wave since September, with a cumulative increase of 2.08% last week. Another convenience is that Tesla and Netflix announced that their performance did not match after the market closed last Wednesday.

It is expected that the Nasdaq Composite Index rose only 0.4% last week, underperforming the other two US stock indexes, while the Standard & Poor's 500 Index rose 0.75%.

The retail data released by the United States last week was worse than expected. The latest figure increased by 0.2% month-on-month, which was worse than the market expectation of 0.5%. Investors expected to be tired in the near future.

The trend of weak economic data began to reflect that the Federal Reserve began to exert its strength in the past austerity policy, and it is expected that the Federal Reserve will adjust the rate hike in July.

The lowest price last week was $1,945.8, and the highest price of gold was $1,987.5. However, strong labor data limited the increase of gold prices, which was last Friday.

In 1962, it closed at $6.6 a week.

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