Weekly

July 25th

Today's amplitude interval

The purchasing managers' index of manufacturing industry in July released by the United States last week was better than market expectations, and the US dollar index rebounded and rose above the 101-point mark.

The rise has put pressure on the price of gold. The gold price will have a major guide after the Federal Reserve announces the results of the interest rate meeting next Thursday morning. The price of gold fell back to the shock zone, possibly.

Further test the support of $1943. Today's suggested volatility ranges from $1946 to $1960.

Following the release of the official media in the mainland, it means that the housing enterprises have temporarily encountered a debt extension, which does not mean that they cannot recover. Yesterday, the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting was held.

Analyze and study the current economic situation and deploy economic work in the second half of the year; It mentioned the timely adjustment and optimization of real estate policies. Unfortunately, the market has no face to give, and it is big.

Hong Kong stocks fell sharply due to the weak performance of interior housing and property management stocks, and the decline of RMB exchange rate made Hong Kong stocks worse. The Hang Seng Index fell more than 500 points at most and finally closed.

19,668 points, down 407 points or 2.13%.

Yesterday, the euro zone released the manufacturing purchasing managers' index for July, and the latest figure was 42.7, which was lower than the market expectation of 53.1, influenced by European economic data.

On the other hand, European stock markets are under pressure. This week, the central banks of Europe, the United States and Japan will announce the results of interest rate discussions, and investors expect the weak economic data to fall back.

After eliminating the pressure of the central bank to raise interest rates, European stocks finally developed individually, with Germany's DAX index rising by 0.08%, France's Paris CAC index falling by 0.07%, and Britain's FTSE.

The 100 index rose by 0.19%.

US oil futures rose for three weeks in a row. Yesterday, the price of a barrel approached $80, a three-month high, leading the performance of oil stocks and leading Dow Jones.

The index rose for 10 trading days in a row, the longest rise since September 2017. In addition, the US manufacturing purchasing managers' index for July released yesterday is still high.

Below the dry line, the market's poor economic data will limit the Fed's attitude of raising interest rates. The three major US stock indexes rose across the board, while the Dow Jones index rose.

0.52%, the Standard & Poor's 500 Index rose 0.55%, and the Nasdaq Composite Index rose 0.14%.

The purchasing managers' index of manufacturing industry in July released by the United States last week was better than market expectations. The dollar index rebounded and rose above the 101-point mark, plus ten years.

The yield of treasury bonds rose, and the price of gold rose first and then fell; The highest price of gold was $1967.9, the lowest was $1953.3, and it finally closed at $1954.2.

It fell by 7.8 dollars.

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