Weekly

July 28th

Today's amplitude interval

The United States announced that the GDP in the second quarter was better than expected, and the labor data that supported the high inflation data in the United States remained tense, and the initial unemployment benefits were filed.

The number of people fell for the third week in a row, and the latest figures were quite different from the expectations of market rise. Strong economic data stimulated the yield of 10-year government bonds.

Together with the US dollar index, the price of gold is obviously under pressure. The price of gold has become a key support at $1,942. Once it does fall below, it may be tested at $1,910.

Today's suggested volatility ranges from $1,942 to $1,955.

As expected by the market, the Federal Reserve announced a 0.25% interest rate hike yesterday morning, and the Hong Kong Monetary Authority also followed the pace of interest rate hikes in the United States and announced an increase in the discount window in Hong Kong.

The rate is 25 points to 5.75%. U.S. stocks were not afraid to raise interest rates every other night. The Dow Jones index rose for 13 consecutive trading days, and Hong Kong stocks followed the upward trend, opening 136 points higher, with the largest market.

It rose 320 points, and finally the Hang Seng Index closed at 19,639 points, up 273 points or 1.41%. After the United States announced a 25-point interest rate hike yesterday morning, the European Central Bank (ECB)

Later yesterday, it also announced a 0.25% interest rate hike. After announcing the results of the interest rate discussion, European Central Bank President Lagarde said that the prospects of the euro zone have deteriorated.

In the short term, economic growth will continue to be weak, suggesting that at the next meeting or suspending interest rate hikes, European stocks will rise across the board, with Germany's DAX index rising by 1.7% and Paris, France.

CAC index rose by 2.05%, while FTSE 100 index rose by 0.21%.

The U.S. Department of Commerce announced yesterday that the second quarter GDP of the United States increased by 2.4% month-on-month, which was better than the market expected growth of 1.8%, and the initial jobless claims.

The number of gold workers fell for the third week in a row. The figure released yesterday was 7,000 fewer than last week, and qiaqia was contrary to the market expectation of an increase of 7,000. classics

The economic data is strong, but the market is worried that the Fed will raise interest rates again in September, and the trend of US stocks is unsustainable; The Dow Jones index rose for 13 consecutive trading days, creating a record

After the longest surge since 1987, it closed down 0.67% yesterday, with the Standard & Poor's 500 Index down 0.64% and the Nasdaq Composite Index down 0.55%.

The United States announced that the GDP in the second quarter was better than expected, and the labor data that supported the high inflation data in the United States remained tense, and the initial unemployment benefits were filed.

The number of people fell for the third week in a row, and the latest figures were quite different from the expectations of market rise. Strong economic data stimulated the yield of 10-year government bonds.

Together with the US dollar index, the price of gold was obviously under pressure. The highest price of gold was $1,982.3, the lowest price was $1,942.6, and finally it was $1,945.2.

Yuan closed down $27.

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