Weekly

Guidelines for waiting to raise interest rates

2023-07-26

July 26th

Today's amplitude interval

China will adjust its monetary policy to stimulate domestic demand. Mainland banks will sell dollars, and the dollar will be under pressure in the early stage. The bulls will take the opportunity to fight back and the gold price will rebound.

But it still stays in the shock zone. Thursday morning, the Federal Reserve announced the results of interest rate discussions, which will have great guidance. Today's suggested volatility ranges from $1950 to $1968.

Dollars.

The official media in the Mainland let loose that China's monetary policy has the conditions to flexibly use tools such as RRR cuts and interest rate cuts, and it is expected that the Bank of China will be re-established in the third quarter.

The RRR cut will boost the total social demand, stimulate private consumption and enhance the contribution of internal circulation to the overall economy of China. In addition to official media reports, mainland silver

When the Bank sold the US dollar, the RMB soared to nearly 1% against the US dollar, and Hong Kong stocks opened higher and closed higher. The HSI split opened higher by more than 500 points, with a maximum of 797 points, the most

In the end, the Hang Seng Index closed at 19,434 points, up 766 points or 4.1%, and the daily turnover in the market surged to HK$ 142.1 billion.

China once again launched a stimulus policy, which led to the rise of Asian stock markets and the general rise of European stock markets, among which China benefited from it.

Stimulating domestic demand may increase the demand for source oil, oil stocks and other resource sectors will rise, and the market will wait and see the results of interest rate discussions between European and American central banks, and European stocks will finally

Individually, Germany's DAX index rose by 0.13%, France's Paris CAC index fell by 0.16%, and Britain's FTSE 100 index rose by 0.17%.

The Federal Reserve will announce the results of the interest rate meeting in the early hours of Thursday. However, it is generally believed that the Bureau will raise interest rates by 25 points in July after raising interest rates once in June.

However, this does not hinder consumers' confidence in the economic situation. The latest consumer confidence index of the American Consulting Chamber reported a two-year high, with a new number of 117 points. Us stocks

The three major indexes rose across the board, with the Dow Jones index up 0.08%, the Standard & Poor's 500 index up 0.28% and the Nasdaq Composite Index up 0.61%.

China will adjust its monetary policy to stimulate domestic demand. Mainland banks will sell dollars, and the dollar will be under pressure in the early stage. The bulls will take the opportunity to fight back, and the highest price of gold has ever been done.

1965.7 dollars, although the American consumer confidence index was still strong during the American period, which once threatened the rebound of the gold price, after the data was digested, the gold price

Still close to the daily high; The lowest price of gold was $1,952, and it finally closed at $1,964.7, up $10.5.

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