Weekly

August 2 th

Today's amplitude interval

The World Gold Council issued a report, saying that due to the slowdown in the purchasing pace of central banks, it is expected that the global gold demand will decrease by 2% year-on-year in the second quarter of 2023.

The gold market fell in an orderly manner, and the gold market stayed above $1,943, hoping to keep it steady, otherwise it might fall to $1,930. Once it fell below $1,940, it could

Consider being empty. Today's suggested volatility ranges from $1,940 to $1,958.

On this side, China has just announced the implementation of policies to save the dying mainland property market. On the other side, mainland real estate enterprises have regained 20,000 points through Hong Kong stocks, regardless of the size.

Dismantling the pumping to save themselves, but Country Garden's archer canceled the rights issue and caught the market off guard! In addition, the mainland research report shoots the housing prices of 100 cities in the mainland and

And the volume of transactions declined before the continuation in July, while the number of second-hand hanging orders increased sharply and the bargaining space expanded, indicating that residents are still wary of investing in bricks.

The so-called once bitten, twice shy, it is a difficult problem to reverse investors' short-term confidence in the property market! Hong Kong stocks softened in the first trading day of August,

Guard the 20 thousand mark; The Hang Seng Index opened 132 points higher, having expanded its increase to 252 points. The RMB fell back due to the weakening of manufacturing data, and the market fell by 67 points or

0.34%, ending at 20011.

The opening of European stock markets obviously lacked direction, and investors waited for the latest data released by the United States, which led to both buying and selling. After the release of American data, the overall market

The market is now back, but another news caused investors to panic. Fitch rarely downgraded the US sovereign credit rating, and the three major European stock markets plummeted, Germany

China's DAX index fell by 1.26%, France's Paris CAC index fell by 1.22%, and Britain's FTSE 100 index fell by 0.43%. Fitch Ratings, a credit rating agency, made a rare downgrade.

American credit rating, Fitch means that due to the steady deterioration of American finance, the highest credit rating of AAA in the United States is lowered to AA+ to reflect its wealth.

Political deterioration. Us treasury secretary yellen immediately voiced her opposition and expressed her great disagreement with Fitch's report. The three major stock indexes on Wall Street developed individually, Dow Jones.

The Dow Jones index rose 0.2%, the S&P 500 index fell 0.26%, and the Nasdaq composite index fell 0.43%.

The World Gold Council issued a report, saying that due to the slowdown in the purchasing pace of central banks, it is expected that the global gold demand will decrease by 2% year-on-year in the second quarter of 2023.

The gold market fell in an orderly manner yesterday, falling all day. The highest price of gold was $1,966, and then it turned down and fell, with the lowest price of 19,413.2, and finally

1944.2 dollars closed, down 21.4 dollars.

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