Weekly

Challenge the monthly high again

2023-07-27

July 27th

Today's amplitude interval

Midland once again announced a 25-point rate hike this morning, a 22-year high. Federal Reserve Chairman Powell hinted that he would consider further tightening to curb inflation.

He said that he would not cut interest rates this year, but he still had reservations, saying that he would still make a decision one by one according to the data. The market believes that the Fed's tightening policy has reached

At the end, the yield of 10-year treasury bonds and the dollar index fell hand in hand, and the price of gold exceeded $1,970. It is expected that the dollar will weaken further and the price of gold will have a chance to pick.

War 1900 dollars. Today's suggested volatility ranges from $1966 to $1980.

Hong Kong stocks rose more than 4% on Tuesday. Yesterday, the Hang Seng Index closed down in a narrow range because investors were cautious about the Fed's interest rate hike. The Hang Seng Index opened 93 points lower,

The market fell by 188 points at most. Although the market expects the Federal Reserve to raise interest rates by 25 points, investors are still waiting to see whether the interest rate hike cycle this year is over and the bearish funds are also.

Not daring to be too aggressive, the Hang Seng Index finally fell 69 points or 0.36% to close at 19,365 points. The market waited and saw the results of the Fed's interest rate decision later, and European stocks were yesterday.

The day fell across the board, Germany's DAX index fell by 0.49%, and the share price of luxury goods group LVMH plummeted by more than 5%, dragging down the CAC index in Paris, France by 1.35%.

Britain's FTSE 100 index fell 0.19%.

As expected by the market, the Federal Reserve announced a 0.25% interest rate hike this morning, but when talking about the economic prospects, Federal Reserve Chairman Powell said that the bureau staff

It is no longer predicted that there will be an economic recession this year, because it is expected that the United States can reduce inflation without greatly damaging the economy and the economy will expand at a moderate speed.

Zhang. The three major indexes of US stocks are divided, with the Dow Jones index rising 0.24%, the Standard & Poor's 500 index rising 0.02% and the Nasdaq Composite Index falling 0.12%.

Midland once again announced a 25-point interest rate hike in the early hours of this morning. The current interest rate hit a high since 2001. Federal Reserve Chairman Powell hinted that he would consider further tightening.

To curb inflation, it is said that interest rates will not be reduced this year, but a decision will still be made one by one according to the data. The market believes that the Fed's tightening policy has come to an end.

The yield of 10-year treasury bonds and the dollar index fell hand in hand, and the price of gold rebounded. The highest price of gold was $1,978.4, although the American time period reflected American consumers.

The confidence index is still strong, which once threatened the rebound of the gold price. However, after the data was digested, the gold price still closed close to the daily high, with the lowest price of 1962.1 US dollars and the highest price.

It finally closed at $1972.2, up $7.5.

For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator.
https://t.me/mingtak



Previous Article Next Article