Weekly

August 16th

Today's amplitude interval
    
China's economic data continued to weaken, the RMB fell against the US dollar at an accelerated pace, and the latest retail sales data in the United States grew significantly higher than market expectations.

The US dollar index rose to 103.3 points, and the price of gold continued to fall under pressure. Yesterday, it once fell below the level of $1,900, and the price of gold fell in a killing way, but it has fallen unconsciously.

To the low level since June 9, bears continue to dominate the gold market. Today's suggested volatility ranges from $1,895 to $1,908.

The economic data of the mainland is following the weak trend. China's industrial added value, retail sales and fixed assets investment data in July were all below expectations, while the national urban survey

The unemployment rate rose by 0.1% from last month. The Bureau of Statistics was creative and announced that it would suspend the release of the unemployment rate of young people aged 16-24 nationwide from August.

Decisive and wise! Hong Kong stocks fell for three consecutive days to reflect the mainland economy. The Hang Seng Index opened 174 points lower, with a maximum drop of 259 points, and the decline at the end of the market narrowed to 192 points or

1.03%, the Hang Seng Index finally closed at 18,581 points. The mainland rescued the market, suddenly announced a reduction in the medium-term lending convenience interest rate, and planned to reduce the stamp duty on stocks.

It remains to be seen whether the disadvantages can be reversed.

Affected by the external economic environment, the three major stock markets in Europe fell across the board, and China's economic data was once again worse than market expectations, relying on China's economic recovery

With the disillusionment of European economy, on the other hand, the latest retail sales data in the United States has increased significantly, and investors are worried that the Federal Reserve may take longer.

Under the attack of maintaining high interest rate policy in China, European stock markets fell, Germany's DAX index fell by 0.86%, and France's Paris CAC index fell by 1.11%.

Britain's FTSE 100 index fell 1.57%.

Fitch Ratings, a rating agency, considered downgrading the credit ratings of some American banks, including large banks. The market rushed to reduce its holdings, and the share prices of large banks generally fell by 2%.

To 3%, dragging down the overall investment atmosphere, coupled with the latest retail sales data in the United States increasing by 0.7% month-on-month, much higher than the market forecast of 0.4%.

Adding to the market's worries about the Fed's long-term policy of maintaining high interest rates, the three major stock indexes on Wall Street fell more than 1%, the Dow Jones index fell 1.02%, and the Standard & Poor's.

The 500 index fell 1.16%, and the Nasdaq Composite Index fell 1.14%.

China's economic data continued to weaken, the RMB fell against the US dollar at an accelerated pace, and the latest retail sales data in the United States grew significantly higher than market expectations.

The US dollar index rose to 103.3 points, and the gold price continued to fall under pressure. Yesterday, it once fell below the level of $1,900, and the highest price of gold was $1,911.7, the lowest.

1896.5 dollars, closing at 1901.8 dollars, down 5.7 dollars.

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