Weekly

Awkward position

2023-08-07

August 7th

Today's amplitude interval

The US labor data is uneven, and the market hopes that the Fed will have the opportunity to turn pigeons. However, Fitch downgraded the US credit rating, causing global stock markets to fall and the US dollar to become

As the best safe haven, the gold price is still dominated by bears for the time being because the dollar remains strong. However, the depth of decline is also limited. Today's suggested volatility is $1,930.

To 1948 dollars.

China's National Development and Reform Commission has once again put forward a plan to revitalize domestic consumption. However, it has not been concrete and careful, and the market is worried about the improvement of the central government.

The slogan of the revolution, why did it expand 31 articles and combine boxing, but there has never been a real specific stimulus plan. And hardrain in Hebei Province has no economic losses

China, for fear of dragging down the overall economy, lost 377 points or 1.89% in Hong Kong stocks, and the Hang Seng Index closed at 19,539 points on Friday. The Bank of England followed last week

With the actions of the Federal Reserve and the European Central Bank, the Bank of England announced a 25-point interest rate hike. The Bank of England expressed its expectation that the tightening policy would play a role in letting interest rates

It will remain rampant for a longer period of time, but it still retains the policy guidance of raising interest rates. The United States was downgraded by Fitch Ratings, a rating agency, and its credit rating continued in the market.

Fermentation, the three major European stock markets continued to fall. In a week, Germany's DAX index fell by 3.14%, France's Paris CAC index fell by 2.16%, and Britain's.

The FTSE 100 index fell 1.69%.

Fitch Ratings, a credit rating agency, downgraded the credit rating of the United States. Investors' diversification of investment risks triggered a decline in global stock markets, and the US dollar index regained 102 points.

Ten-year US Treasury bonds are also sought after, with a yield of nearly 4.2%. The trend of US stocks continued to be sluggish, and the three major stock indexes on Wall Street fell across the board. On the other hand,

Apple sent out a camp police, dragging down the bench of science and technology. In a week, the Dow Jones index fell by 1.11%, the Standard & Poor's 500 index fell by 2.21%, and Nasda

The gram composite index fell by 3.111%.

The World Gold Council issued a report, which predicted that the global demand for gold would decrease by 2% year-on-year in the second quarter of 2023, which set off the decline of the gold market this week.

Clock; The US labor data is uneven, and the market is looking forward to the opportunity for the Fed to turn pigeons. However, Fitch downgraded the US credit rating, which triggered a decline in global stock markets and the US dollar.

Becoming the best haven, the US dollar index saw 102.8 last week, hitting the price of gold; The highest price of gold last week was $1,972.4, and the lowest price was $1,924.8.

It finally closed at $1,942.7, which was $16.6 a week.

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