Weekly

make a comeback

2022-03-31

On March 31

Today's range:

Risk aversion returned as the Russian military backtracked and continued to advance inside Ukraine. U.S. economic data have been mixed, but personal core consumer prices rose at an annual rate of 5 percent, although the data was in line with the market

Expectations, but showing that the US inflation is still rising, is good news for gold, but there is still short-term resistance at $1950. Today's recommended range is $1922 to $1939. Keep an eye out for tonight's

Whether personal income in the United States is also keeping pace with rising prices is closely related to future inflation because wages, although not rising as fast as inflation, are more likely to rise than to fall.

The three main Wall Street indexes rose more than 1 per cent overnight, while Hong Kong stocks continued to follow. Hong Kong shares picked up the us rally to open 170 points higher on optimism that Russia and Ukraine have a chance to reach a deal at the fifth round of talks.

It rose repeatedly, rising as much as 363 points, before narrowing to 304 points, or 1.39 per cent, before closing at 22,232. Russia had announced at the fifth round of peace talks between Russia and Ukraine that it would suspend the ceasefire in Kyrgyzstan

Military activity near Chernigov, but yesterday Ukraine reported that Russian troops were seen advancing quietly inside Ukraine; Ukraine and the West are uneasy about the move and suspicious of Russia

Stalling tactics will be used until the replenishment is sufficient before aggressive action is carried out. Europe's three major stock markets developed separately, with Germany's DAX index falling 1.46%. In Paris, the CAC index fell 0.74

%; Britain's FTSE 100 index rose 0.54 percent.

Russia's military reneged and continued to advance into Ukraine, news of the two sides immediately into a stalemate, NATO even suspected that the last russia-Ukraine talks before the cease-fire promise was only a stopgap, purpose

It's to resupply the Russians for their return. Wall Street's three main indexes ended a four-day winning streak with the Dow Jones industrial Average falling 0.19% as the war between Russia and Ukraine resumed and risk aversion returned. The STANDARD & Poor's 500 index fell

0.63%; The Nasdaq fell 1.21%. Risk aversion returned as the Russian military backtracked and continued to advance inside Ukraine. Us data released last night were mixed, with domestic students

GDP rose 6.9% month-on-month, 20 points below expectations, while non-farm payrolls in the US changed more than expected, coming in at 455,000, 5,000 more than expected, both of which roughly offset the gains in gold

Gold traded as low as $1916 and as high as $1,938.6 before closing up $13.1 at $1,932.6.

For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator
https://t.me/mingtakchat



Previous Article Next Article