Weekly

August 3 th

Today's amplitude interval

The price of gold fell below the rising track established in June, and failed to hold $1,942, forming a bottom-top reversal, and the trend remained weak for the time being. Today's suggested volatility is at

$1925 to $1940.

As the world's largest economy, the United States dollar is the main global trading currency, which has a certain influence on the global economy. The so-called American minor cold is big in the world.

Cold; Fitch Ratings, a credit rating agency, suddenly downgraded the US credit rating, scaring investors, and Hong Kong stocks fell below the 20,000-point mark. The Hang Seng Index opened 108 points lower, down.

It has expanded by more than 500 points, and finally closed down by 493 points or 2.47% to close at 19,517 points. Fitch suddenly downgraded the US credit rating, and US Treasury Secretary Yellen made a statement.

Ma voiced his opposition and expressed his great disagreement with Fitch's report. Even so, investors still feared that the US economy would be dragged down, and European stock markets followed Asian stock markets.

After that, the market obviously lacked support and fell deeper and deeper. The three major European stock markets finally fell more than 1.2%, and the German DAX index.

It fell by 1.36%, the CAC index in Paris, France fell by 1.26%, and the FTSE 100 index in Britain fell by 1.36%.

Credit rating agencies downgraded the credit rating of the United States, which triggered a global stock market decline. Of course, the United States, as a party, can't escape this open water, and it is the smallest non-agricultural.

The data performed better than expected, and it could not recover the disadvantage of stock decline. Investors reduced their risky assets, and the three major stock indexes on Wall Street fell across the board, and the Dow Jones index.

It fell by 0.98%, the S&P 500 index fell by 1.38%, and the Nasdaq Composite Index fell by 1.37%. Credit rating agencies downgrade US credit rating, gold market

It rose in the early period, and the highest price of gold was $1,954.9. However, when it entered the US market, the small non-agricultural data performed better than expected, and the gold market began to decline, plus the United States.

The exchange rate of RMB and the yield of US 10-year Treasury bonds rose, while the price of gold fell sharply, reaching a minimum of $1,933, and finally closed at $1,934.7, down $9.5.

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