Weekly

February 24th

Today's volatility range:

Yesterday, the Federal Reserve said it would raise interest rates at least four times this year, and it will start raising interest rates next month. Although the hawking remarks made the yield of US dollar index and 10-year Treasury bonds rise by 0.13% and 1.8% respectively, these two

The factors that have great influence on the traditional gold price can no longer suppress the upward trend of gold price, because Russia and Ukraine are fully prepared for war, and the news keeps the risk aversion rising. Jin City has been completely influenced by the Eastern European Bureau.

From the trend point of view, it is only a short-term goal for the gold price to reach the high of $1,916 on June 1st, last year, and it is still fluctuating upward before the goal. Today's suggested volatility ranges from $1902 to $1916.

Chen Maobo, Financial Secretary, delivered his last budget during his term of office. Of course, the highlight was the relief measures that all Hong Kong people were concerned about. As a result, it lived up to expectations. The government decided to distribute it to the public again after last year.

E-vouchers, and Mr. Caiye's spending this time is also more generous than last year, and his personal amount has doubled to 10,000 yuan. The SAR Government's plan to issue electronic coupons alone involves about HK$ 66.4 billion, together with other counter-cycles.

Measures, the total commitment of more than 170 billion Hong Kong dollars. Calculated by the gross domestic product (GDP) of the fiscal year 2020-2021, that is, more than HK$ 2.7 trillion, the government's total commitment to sugar distribution this time is about the same as that of Hong Kong's last fiscal year.

6.3% of the total annual output is almost equal to the government consumption expenditure in the first half of 2021.

The market is still waiting to see the situation in Russia and Ukraine. Hong Kong stocks ended their three-day losing streak without getting particularly bad. Russia invaded Ukraine in disguise, in exchange for financial sanctions in Europe and America, excluding Russia.

President Putin, the market believes that the sanctions did not completely destroy the opportunity for the leaders of the two countries to return to the negotiating table. Hong Kong stocks opened lower and closed higher, and the Hang Seng Index eventually rose by 140 points or 0.6%. Although Hong Kong stocks rebounded yesterday, the HSI

Recently, the trend of falling more and rising less has not changed, and 24,000 points have become resistance. It seems that 23,500 is hard to lose, or it is necessary to try 23,300 support again. However, the situation in Eastern Europe became tense again during the opening hours in Europe;

And that Polish and Lithuanian president jointly called on the international community to quickly adopt strong sanctions against Russia, including measures against Nord Stream 2. Despite international sanctions, Putin is still tough, saying to Ukraine

Minsk Agreement is no longer valid; That is, Russia can use weapons of mass destruction at any time and no longer accept the supervision of the European Security Association.

The Ukrainian parliament immediately approved the implementation of a state of emergency throughout the country, while Russia began to withdraw from the embassy in Kiev, and the voice of the war was singing loudly. The three major European stock markets continued their early trend, first opening lower and then narrowing down.

Stop, and eventually individual development, Germany DAX index fell by 0.42%; Paris CAC index fell by 0.10%; Britain's FTSE 100 index rose 0.09%. Ukraine has entered a state of emergency and enlisted people of the right age for military service.

Get ready for war. With the news of the worsening crisis in Eastern Europe, the new york stock market opened lower by 0.5% to 0.8%. After that, together with Federal Reserve Daley's release of eagle, it is certain that the United States will start raising interest rates in March this year, and at least raise interest rates this year.

Fourth, the yield of US dollar index and 10-year Treasury bonds rose simultaneously, while the three major indexes of Wall Street got deeper and deeper, and the Dow Jones index finally closed down by 1.38%. Standard & Poor's 500 Index fell by 1.76%; The Nasdaq index is lower

Down 2.57%.

Although the Federal Reserve has indicated that it will raise interest rates four times this year and will start raising interest rates next month, the hawking remarks have caused the US dollar index and the yield of 10-year government bonds to rise by 0.13% and 1.8% respectively, but it still cannot suppress the upward trend of gold prices.

The reason is that Russia and Ukraine have been fully prepared for war, and the news has heated up risk aversion. The lowest price of gold once saw 1,889.7 US dollars, and the highest rose to 1,910.5 US dollars, closing at a close of 10.6 US dollars, which is close to the all-day high.

Dollars.

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