Weekly

Anti inflation

2021-10-14

On October 14th.

Today's volatility range:

Although the voice of the Federal Reserve's delisting sings into the clouds, the employment data of the United States has repeatedly performed month after month, adding uncertainties. The Federal Reserve announced the minutes of the Open Market Committee in the morning of this morning, showing that Fed officials were the earliest.

It may start to reduce debt purchase in mid-November. Fed officials all agree that the current economic situation is close to the target set by the Federal Reserve, and may soon reduce monthly debt purchase. But for the pace of raising interest rates,

Members still have differences, some support raising interest rates by the end of next year, while others say that interest rates should remain stable until 2023. However, the market forecast that the Fed will start raising interest rates in November next year is nearly 94%!

Yesterday, the price of gold reflected its anti-inflation function, and it reached a high level since September 16th. Yesterday, the highest price of gold was $1,796, which tested the resistance of $1,800. Or try the resistance position again, and suggest the volatility today.

Between $1778 and $1802.

Typhoon Compasses hit Hong Kong, and the Hong Kong Observatory began to hang Typhoon Signal No.8 at dusk in Zhou Erjin. It was not until 4: 40 pm yesterday that Typhoon Signal No.3 was hoisted, and all typhoon signals were removed until 6: 00 am. The storm signal lasted for 23 hours,

The Hong Kong Stock Exchange announced its suspension yesterday morning. Under the influence of extreme weather, typhoon signal No.8 has been hoisted twice a week in Hong Kong. When people have more holidays, should we consider the impact of our lives on the climate?

Thanks to the ideal performance of software companies and luxury goods manufacturers in the euro zone, the three major European stock markets fell first and then rose on Wednesday, closing at a high close to the whole day, and the German DAX index rose by 0.68%; CAC Index in Paris, France rose.

0.75%; The FTSE 100 Index rose 0.16%.

Last night, the United States announced that the core consumer price index in September rose by 4% year on year and 0.2% month on month, both in line with expectations. However, the consumer price index unexpectedly accelerated, with a year-on-year increase of 5.4%, reflecting the supply chain shortage during the period.

Has pushed up the price of food and energy. The inflation rate in the United States continues to rise, which brings pressure to enterprises. In addition, the yield of US Treasury bonds has dropped, which has affected the performance of banking stocks. Wall Street stock market went back and forth in the early part of yesterday, and finally developed independently.

Dow Jones index closed flat; The S&P 500 index rose 0.3%; However, the yield of US Treasury bonds softened, and technology stocks benefited the most. The Nasdaq index ended its four-day continuous decline and rose by 0.73%. Yesterday, gold played an anti-inflation role.

Gold hit a high since September 16th. The price of gold rose repeatedly in the early period, and almost all the increases were retreated before entering the United States. The lowest price of gold yesterday was $1,758, and the consumer price index was released in the United States later, and the data was unexpected.

Accelerated rise, gold was sought after and exploded, reaching a peak of $1,796 and closing at $1,793, up $33.

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