Weekly

January 11th

Today's volatility range:

The Federal Reserve announced the minutes of last month's meeting, indicating that the pace of interest rate hike will be accelerated. Some investment banks have reported that the United States will raise interest rates four times this year. However, the market is divided on the inflation facing the United States, and some have studied American inflation.

American inflation, under the attack of house price and salary, will exceed 7% this year. Under the contradictory forces of interest rate hike and strong inflation, the price of gold has temporarily lost its direction and is expected to fluctuate between 1780 and 1820 dollars.

The suggested volatility is 1793 yuan to 1809 dollars.

The epidemic in The 5th Wave has reached the community, and it is reported that the government has issued instructions to all civil servants that they should be vaccinated before the 16th of next month, and that doctors' test reports should be cancelled as surrogates, otherwise they will not be allowed to work in government offices, that is, they will be dismissed in disguise.

According to the relevant guidelines of the subway staff, this will make more people accept the vaccination work and push up the vaccination rate of this newspaper. Hong Kong stocks have not followed the US stock market recently. After Beishui re-invested in Hong Kong stock market, Hang Seng Index

It rose for three days in a row. Yesterday, on the news of the interest rate hike in the United States, financial stocks took the lead and became the locomotive of the upward trend. Banks in Hong Kong generally rose by 2% to 3%. The Hang Seng Index rose by 253 points or 1.08% again yesterday, reaching more than 800 points, and the transaction was completed.

It also rose significantly by nearly HK$ 140 billion. Federal Reserve Chairman Powell will attend the congressional hearing tonight. Before the hearing, there was risk aversion in the market. The three major European stock markets all fell, and the German DAX index fell by 1.13%. France

Paris CAC index fell by 1.44%; Britain's FTSE 100 index fell 0.54%.

The minutes of the meeting of the Federal Reserve released by the United States last Wednesday showed that in the policy meeting last month, many officials supported a faster rate hike. Some investment banks even expect the United States to raise interest rates four times this year, and Fed officials prefer it.

In 2022, interest rates will be raised three times and more. The pressure of raising interest rates made it difficult for the US stock market to move forward. The three major indexes of Wall Street developed separately, and the Dow Jones index fell by 0.45%. The Standard & Poor's 500 Index fell 0.14%, and the Nasdaq index had inserted 2.7% at most.

The market closed up and rebounded, eventually rising by 0.05%. The yield of U.S. 10-year Treasury bonds rose to 1.8% in Asian session yesterday, a record high of nearly two years, and the price of gold fell sensitively to the interest rate, the worst of which was 1790.4 yesterday, but after that, the stock market fell and safe-haven funds were used.

Flowing into the gold market, the price of gold went up, reaching the highest of $1,802.4 and closing at $1,801.8, up by $5.2.

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