Weekly

On October 18th.

Today's volatility range:

There is a bottleneck in the global supply chain, which further speeds up the possibility of inflation. In order to prevent liquidity from aggravating inflation, it is necessary for the Fed to choose to withdraw from the market, but whether it can reverse the rising inflation rate at present,

Without hurting the economic recovery, the water harvesting degree and timetable are the key. However, the market is almost certain that the Federal Reserve began to reduce its bond buying in November. Although the gold market fluctuated greatly last week, its trend was still controlled by 3.

In April, the supply and demand belt, which was expected to be pushed up, pulled back after failing to rise above $1,800, and fell close to the key support of $1,766. The gold price should also reflect the expectation of the Fed's contraction. Therefore, the gold market is still.

Will continue to fluctuate between $1746 and $1780. Maintain yesterday's suggested volatility between $1760 and $1778.

Last week, investors hoped that the mainland's crackdown on new economic stocks had come to an end. Technology stocks became the locomotive of yesterday's market rise, and the technology index closed up more than 3%. At the same time, the Hang Seng Index rose nearly 500 points on Monday.

It reached the level of 25,000, but was beaten in the face on Tuesday. The market spread to the mainland to examine the relationship between the financial industry and regulatory authorities and private enterprises such as China Evergrande, in order to investigate whether there was any corruption. In addition, in addition to the above financial.

In addition to the institutional and indoor enterprises, it also includes the giant companies of Kewang that have contact with the regulatory authorities. The Hang Seng Index was shaken off again, and the gains on Monday were reversed. The Hong Kong Stock Exchange reopened after the typhoon holiday and the Double Ninth Festival, during which the Premier of the State Council of China.

Li Keqiang said that he is optimistic about the resilience and vitality of China's economic performance, and that China's economy can maintain long-term growth. Hang Seng Index rebounded last Friday, regaining the level of 25,000 points. Hang Seng Index rose 493 points a week,

Three weeks in a row.

Rising energy prices and bottlenecks in supply have led to an intensification of the euro zone's transaction, and the market is worried that the transaction will increase the operating costs of enterprises. European stock markets fell last Monday, but as Europe entered the enterprise performance period, the results were well announced.

In addition, it is said in the market that EU leaders may approve the energy crisis assistance plan, so as to prevent the efforts to gain momentum during the virus pandemic from burning. Thanks to the subsidy news and the optimistic performance of the market, the three major European stock markets.

For two consecutive weeks, the German DAX index rose by 2.51%; The CAC index in Paris, France rose by 2.55%; The FTSE 100 Index rose 1.95%. US stocks opened higher last Monday, but new york oil futures soared to a nearly seven-year high, triggering market opposition.

Fears that high inflation may continue, coupled with well-known investment banks downgrading the economic growth forecasts of the United States this year and next,

US stocks fell on Monday and fell for five consecutive trading days. In the last two trading days, a number of American banks announced their results, and the results released were satisfactory. In addition, the number of initial jobless claims in the United States fell below 300,000 for the first time.

Under the favorable news, venture capital counterattacked, the three major indexes on Wall Street recovered lost ground, and US stocks rose for two weeks. In the summary week, the Dow Jones index rose by 1.64%. The S&P 500 index rose 1.96%; Nasdaq index, up 2.46%.  

In the early period of the gold market, it was continuously adjusted back from the opening price. It was announced in the United States that the retail sales in September unexpectedly recorded a positive growth of 0.7%, exceeding the negative growth of 0.2% expected by the market, reflecting that the economy is on the road of improvement, and the US dollar index is above 94 points again.

The U.S. 10-year Treasury bonds also rebounded from the low level, with the highest approaching 1.57%, which caused the gold price to decline further, falling to a daily low of $1,765, and closing at $1,766, down $29.

In summary, the price of gold rose by $10 a week.

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