Repeated decline


August 10th.

Today's amplitude interval

The market is observing the US inflation data released today. Although the US dollar index fell slightly yesterday, it basically remained strong, while the gold price maintained its decline.

It remains to be seen whether the inflation data tonight can reverse the weakness. Today's suggested volatility ranges from $1902 to $1926.

According to the National Bureau of Statistics, the consumer price index of China in July fell by 0.3% year-on-year, which is a deflation phenomenon in two and a half years, and it is actually being implemented in China.

Monetary easing policy, coupled with the announcement of lifting all epidemic restrictions at the end of the year, the economy has not kept up with the rebound momentum, and national leaders are quite impressed.

Head marks! Hong Kong stocks opened lower and closed higher yesterday. Affected by mainland economic data, the Hang Seng Index opened lower by 124 points. Investors paid attention to the inflation data released by the United States today.

Finally, the Hang Seng Index closed up 61 points or 0.32% to close at 19,246 points.

The Italian authorities approved a one-time 40% "windfall tax" on banks, and the news was digested, and the European banking sector rebounded, while the market waited for the United States today.

The inflation data was released to judge that after the US Federal Reserve raised interest rates, the three major European stock markets rose across the board, with Germany's DAX index rising by 0.49% and Paris, France.

The CAC index rose by 0.72%, while the FTSE 100 index rose by 0.8%. On the eve of the latest inflation data released by the United States, investors turned cautious, and American companies announced that

Cloth performance was worse than expected, and US stocks fell repeatedly yesterday. Wall Street's three major stock indexes fell for two consecutive days, with the Dow Jones index down 0.54% and the Standard & Poor's 500 index down 0.71.

%, the Nasdaq Composite Index fell 1.17%.

China's consumer price index fell by 0.3% year-on-year in July. Despite this, domestic banks sold dollars to support the RMB exchange rate, and the market expected Britain.

The central bank will have the opportunity to control deflation at 2% in 2028, and the US dollar index will soften slightly, but the market is still observing the US inflation data released today.

The price of gold keeps falling. The highest price of gold was $1,932.4, and the lowest price was $1,914.1. It finally closed at $1,915, down $10.2.

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