Weekly

August 21th.

Today's amplitude interval
    
The renminbi continued to weaken, relatively supporting the strength of the US dollar. The Federal Reserve announced the minutes of the July meeting. Most participants believed that inflation in the United States had upward risks.

One of the key points is the tight labor market. The newly announced number of new jobless claims is lower than market expectations and tends to the hawkish side of the Federal Reserve, Midland.

There is a lot of pressure to raise interest rates, which has hit the gold market. Short positions control the trend of the gold market, but there is limited room for decline. Today, there is a chance to usher in a rebound. Jianwei today

The debate fluctuated from $1,884 to $1,901.

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

The industry rate increased by 0.1% from last month, and the credit risk of real estate explosion affected mainland financial investment institutions that invested in mainland real estate bonds, except for opening

In addition to the heavy losses at first, it can't be shown in the market, the lotus effect will continue to expand, and the national policy seems to be at a loss for the time being, so it has to be delayed again and again.

Drag. Although the state has proposed policies such as reducing interest rates and stock stamps to stir up the investment market, the market is mainly worried about confidence in China's economic prospects.

Insufficient, Hong Kong stocks opened at the bottom last week and closed at 17,950 points on Friday. In one week, the Hang Seng Index finally fell by 1,124 points or 5.89%.

China's economic performance is exhausted, and investors are concerned about the minutes of the July meeting on interest rates announced by the US Federal Reserve in the early hours of last Thursday, indicating that inflation is heavy.

Upward risks, coupled with the still tight labor market, suggest that even if interest rates are not raised in September, the tightening policy will remain for a longer period.

Last week, the index of DAX in Germany fell by 1.63%, CAC in Paris fell by 2.4%, and FTSE 100 in Britain fell by 3.48%. Duke of last week in America

According to the minutes of the July meeting of the Federal Reserve, many participants warned of the risk of accidental over-tightening of policies, but indicated that there was a significant upward risk of inflation.

One of the key data mentioned in the article is that the labor market is still tense; The number of new jobless claims announced last week is lower than market expectations, so that the Federal Reserve will maintain

The momentum of a longer period of austerity policy has expanded. The three major stock indexes on Wall Street fell across the board last week. The Dow Jones index fell by 2.21% and the Standard & Poor's 500 index fell by 2.11.

%, the Nasdaq Composite Index fell 2.59%.

The People's Bank of China issued a report on the implementation of monetary policy in the second quarter, saying that the momentum of global economic recovery weakened, which hindered the domestic economy from rising and formed business difficulties.

There are many difficulties, and macro-control will be strengthened, including keeping the RMB exchange rate at a reasonable level, but it has not stopped the decline of the RMB against the US dollar, plus

There is an upward risk of inflation in the United States, which aggravates investors' worries about the Fed's interest rate hike. The gold market has fallen for four weeks in a row, and the highest price of gold reached $1,916.3 last week.

The low price reached $1,885.1 and closed at $1,889.5, down $24.3.

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