Weekly

December 15th

Today's volatility range:

In the US interest rate discussion, the latest inflation figures support the last interest rate discussion result of this year estimated by Fed officials today. The market is expected to maintain the current interest rate, but will announce the accelerated cancellation of the bond redemption plan.

Affected by the expectation of accelerated interest rate rise, the price of gold is expected to adjust downwards, depending on the strength of the Federal Reserve's water collection. However, the market is expected to complete the scale reduction in the first quarter of Mingbei and start raising interest rates in the second quarter.

It is expected that the gold price will test the support of $1,760. Today's suggested volatility ranges from $1760 to $1778.

The variant virus Omicron has gradually become mainstream all over the world. Because of its highly transmissible gene, the World Health Organization also warned, and the first death case of Omicron virus infection occurred in the UK.

It made investors feel uneasy, which became the reason for the decline of European and American stock markets every other night. Hong Kong stocks accepted the decline in Europe and the United States when the market opened, and fell by 260 points when the market opened. After that, the market spread that there was one more house stock involved in debt default, Hang Seng.

The index fell more and more, falling more than 400 points at most, and the decline in the final market only slightly closed. The Hang Seng Index is now losing for three consecutive days, and it fell another 318 points or 1.33% yesterday. The International Monetary Fund commented on the British economy next year, saying

In order to curb the spread of Omicron, the UK has tightened the epidemic prevention restrictions, and the new mutant virus poses a downside risk to the future. It is pointed out that the COVID-19 epidemic and the behavioral changes caused by it will obviously not disappear soon. It is expected that the UK

At the beginning of next year, the economy will "moderately slow down" to 5% growth, which means that although Britain's GDP in the first quarter will be worse than this year's growth of 6.8%.

On the other hand, industrial production in the euro zone rose by 1.1% month by month in October, slightly lower than expected. The three major European stock markets went down together, and the German DAX index fell by 1.05%. Paris CAC index fell by 0.69%; British FTSE 100

The index fell by 0.21%. Fitch Ratings Agency said that the United States is optimistic about the economic performance of the United States next year. The US stock market opened higher, but the latest producer price index hit an 11-year high, rising by nearly 10% year on year! Such inflation data is no different.

It has strengthened the determination of the US Open Market Committee to open the market early, and the market generally expects that the United States will raise interest rates in the second quarter of next year, with interest rates ranging from two to three times. Wall Street's three major indexes fell, American stock market followed European stock market.

The decline opened lower, and the first death case infected with Omicron virus occurred in the UK, which aggravated investors' worries about Omicron virus, and the Federal Reserve's interest rate cut is imminent.

It is expected that the Open Market Committee will announce that it will increase and reduce the amount of bonds to be bought again after the results of the last interest rate meeting this year, and accelerate the pace of raising the United States coupon rate plan, and it is expected that interest rates will be raised in the second quarter of next year.

Hit the new york stock market, Dow Jones index fell 0.3%; Standard & Poor's 500 Index fell 0.84%; NASDAQ performed the worst, falling 1.04% to close. The newly publish producer price index of that United state hit an 11-year high,

After the figures were released, the US dollar index and the yield of 10-year treasury bonds rose by 45 and 6 points respectively, and the gold market was obviously under pressure, immediately falling by more than 12 dollars. The highest price of gold rose to 1789.5 US dollars yesterday, and the lowest price was 1766.6 US dollars.

It closed at $1,770.5, down $16.1.

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