Weekly

On March 11

Today's range:

The gold market tried to bottom early yesterday, with the price as low as $1,970.5, holding the support level of $1,965, as Russia and Ukraine concluded their third round of talks without tangible results on a peaceful end to the war.

Gold rose above $2,000, but gains were capped by the European Central Bank's falcony and a 2 percent hit to 10-year U.S. Treasury yields. The gold market is expected to continue oscillating between $1965 and $2005,

Until there is a significant change in the situation between Russia and Ukraine. Today's recommended range is $1,973 to $2,000.

The international crude oil price fell sharply the other night, European and American stocks rebounded strongly, Hong Kong stocks opened high, the Hang Seng index rose up to 400 points, but did not have the ability to continue upward, closed the rise narrowed, failed to stabilize 21000 points, constant

The index closed at 20,890 points, up 262 points or 1.27 percent. Although Hong Kong stocks rose yesterday, ending a four-day losing streak, turnover pared to HK $146.2bn and gains narrowed again, in line with a dead cat's bounce

The outlook for Hong Kong stocks is still weak. European Union leaders are to meet in France, but some of the draft talks on the war with Ukraine have already produced results, including a plan to phase out EU energy purchases from Russia, as well

Ukraine's application to become a member of the European Union has been suspended. The leaders of Russia and Bird have different views on the EU. Ukrainian President Volodymyr Zelensky said if the EU was not ready to let Ukraine in,

He will not force it. Russian President Vladimir Putin said that western countries imposed sanctions on Russian oil and gas and other energy will lead to higher energy prices, when the West can not be blamed on Russia,

Because this is the result of their total miscalculation.

Markets were spooked by the European Central Bank's monetary policy statement last night, which revised the timetable of its asset purchase program, bringing forward the reduction of bond purchases to the second quarter, amid rising oil prices and rising inflation in Europe

The attitude was shocked, the fear of preventing the interest rate rise period will also be early, the three major European stock markets fell fu, Germany DAX index fell 2.92%; In Paris, the CAC index fell 2.83%; Britain's FTSE 100 index fell 1.22

%. It has been two weeks since the start of the war between Russia and Ukraine. The two sides have held three rounds of talks, but no tangible results have been achieved on the peaceful end of the war. With US inflation hitting a 40-year high and consumer prices rising 7.9% in February from a year earlier,

Pressure risk market, Wall Street's three major indexes also saw losses, the Dow Jones index fell 0.34%; The STANDARD & Poor's 500 index fell 0.46%; The Nasdaq fell 0.95%. Gold market yesterday early tried to bottom, gold lowest

See 1970.5 usd, but learned in European time that Russia and Ukraine ended the third round of talks, the two sides still have not achieved a peaceful end to the actual results of the war, the market quickly reacted, up sharply shot to a session high of 2009.2 USD, but the European Central

The yield on 10-year Treasury bonds hit 2%, capping gold's advance and closing at $3.70 higher at 1996.2.

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