Gold market analysis

2023-08-23

August 23 th Today's amplitude interval      Investors pay attention to the speech of US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole on Friday, seeking his views on the US economic and monetary policies. The view, and the future trend of interest rates in the United States, the gold market is contending for long and short. Today's suggested volatility ranges from $1,892 to $1,906. Hong Kong stocks rebounded after falling for seven days in a row. Hong Kong stocks rose with the trend of US stocks every other night. The Hang Seng Index opened 18 points higher and rose 179 points at most, but the RMB fluctuated against the US dollar. The discount price once fell below 7.3, and the Hang Seng Index rose less than 28 points in half a day. In the afternoon, the market conditions rose again, and the China Securities Regulatory Commission will lower the stamp duty on stocks. Commercial stocks were highly sought after, and the RMB rose, and Hong Kong stocks approached the high market. The Hang Seng Index closed at 17,791 points, up 169 points or 0.95%. European stocks took on the rising momentum of the Asia-Pacific stock market, opening higher and closing higher. Investors continue to pay attention to the annual meeting of Jackson Hole Global Central Bank starting from Thursday. On the other hand, Sino-US trade relations have the opportunity to change. At the invitation of China's Minister of Commerce Wang Wentao, US Secretary of Commerce Raimondeau will be here this Sunday. A delegation visited China, and the market investment atmosphere was positive. The three major European stock markets rose across the board, with the German DAX index rising by 0.66% and the French Paris CAC index. It rose by 0.59% and the FTSE 100 index rose by 0.19%. Standard & Poor's downgraded the credit ratings of many American banks and played down their business prospects. Bank stocks, such as Citigroup, fell by more than 1% on average. On the other hand, the uneven performance of retail stocks also put pressure on the traditional old economic sector. On the contrary, the chip stock Huida sneaked in before announcing the results. In fact, in the end, the three major stock indexes on Wall Street developed separately. The Dow Jones index fell by 0.51%, the Standard & Poor's 500 index fell by 0.08%, and the Nasdaq Composite Index. Several liters 0.26%. Investors pay attention to the speech of US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole on Friday, seeking his views on the United States. Views on China's economic and monetary policies, and guidance on the future trend of US interest rates; The gold market is contending for long and short, with the highest price of gold reaching $1904.6 and the lowest. See $1,889.2 and close at $1,897.7, up $2.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-22

August 22 th Today's amplitude interval      The news that China Evergrande filed for bankruptcy protection in the United States made the market more suspicious of the economic prospects of China people. Yesterday, the RMB once fell below 7.3 against the US dollar. Last week, the People's Bank of China began to guide state-owned banks to actively participate in the foreign exchange market. The RMB reversed and rose, and the highest price of gold approached $1,900. Jianwei today The debate fluctuated from $1,884 to $1,901. The mainland lowered the quoted interest rate of the loan market by 0.1%, which was lower than the market expectation, which quite disappointed the market. The mainland stock market also fell significantly, and Hong Kong stocks followed the decline. Hong Kong stocks opened lower by more than 150 points, and the real estate explosion in China threatened financial and insurance stocks. The two sectors fell by more than 2%, and the Hang Seng Index fell by 363 points at most. The market closed down 327 points or 1.82%, and finally closed at 17,623 points, falling for the seventh consecutive day. The market is concerned about the annual meeting of Jackson Hole Global Central Bank starting from Thursday. Of course, the focus is on US Federal Reserve Chairman Powell as the host, and the market expects him to express his views on the US economy and monetary politics on Friday. The views of the policy, and the future trend of American interest rates. The investment atmosphere in European stock market is cautious. The three major European stock markets are developing ahead, and the German DAX index rose by 0.19. The CAC index in Paris rose by 0.47%, while the FTSE 100 index in Britain fell by 0.06%. Investors pay attention to the speech of US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole on Friday, seeking his views on the US economic and monetary policies. Views, and the future trend of interest rates in the United States; The US 10-year bond interest rate once exceeded 4.35% yesterday, hitting a new high since 2007, and Wall Street ranked third. The trend of major stock indexes was divided, with the Dow Jones index down 0.11%, the Standard & Poor's 500 index up 0.87% and the Nasdaq Composite Index up 1.65%. The news that China Evergrande filed for bankruptcy protection in the United States made the market more suspicious of the economic prospects of China people. The RMB once fell below 7.3 against the US dollar, which counted the people. Last week, banks began to guide state-owned banks to actively participate in the foreign exchange market, including increasing the cost of shorting RMB, such as through the bank's own principal transaction. Doing a high middle price and maintaining the balance of the RMB, the RMB eventually reversed and rebounded with the intervention of tangible hands, and the highest price of gold was $1,898.8, the lowest. See $1,884.9 and close at $1,894.9, up $5.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-21

August 21th. Today's amplitude interval      The renminbi continued to weaken, relatively supporting the strength of the US dollar. The Federal Reserve announced the minutes of the July meeting. Most participants believed that inflation in the United States had upward risks. One of the key points is the tight labor market. The newly announced number of new jobless claims is lower than market expectations and tends to the hawkish side of the Federal Reserve, Midland. There is a lot of pressure to raise interest rates, which has hit the gold market. Short positions control the trend of the gold market, but there is limited room for decline. Today, there is a chance to usher in a rebound. Jianwei today The debate fluctuated from $1,884 to $1,901. The economic data of the mainland is now weak. The data of industrial added value, retail sales and fixed assets investment in China in July were all below expectations, while the national urban survey was lost. The industry rate increased by 0.1% from last month, and the credit risk of real estate explosion affected mainland financial investment institutions that invested in mainland real estate bonds, except for opening In addition to the heavy losses at first, it can't be shown in the market, the lotus effect will continue to expand, and the national policy seems to be at a loss for the time being, so it has to be delayed again and again. Drag. Although the state has proposed policies such as reducing interest rates and stock stamps to stir up the investment market, the market is mainly worried about confidence in China's economic prospects. Insufficient, Hong Kong stocks opened at the bottom last week and closed at 17,950 points on Friday. In one week, the Hang Seng Index finally fell by 1,124 points or 5.89%. China's economic performance is exhausted, and investors are concerned about the minutes of the July meeting on interest rates announced by the US Federal Reserve in the early hours of last Thursday, indicating that inflation is heavy. Upward risks, coupled with the still tight labor market, suggest that even if interest rates are not raised in September, the tightening policy will remain for a longer period. Last week, the index of DAX in Germany fell by 1.63%, CAC in Paris fell by 2.4%, and FTSE 100 in Britain fell by 3.48%. Duke of last week in America According to the minutes of the July meeting of the Federal Reserve, many participants warned of the risk of accidental over-tightening of policies, but indicated that there was a significant upward risk of inflation. One of the key data mentioned in the article is that the labor market is still tense; The number of new jobless claims announced last week is lower than market expectations, so that the Federal Reserve will maintain The momentum of a longer period of austerity policy has expanded. The three major stock indexes on Wall Street fell across the board last week. The Dow Jones index fell by 2.21% and the Standard & Poor's 500 index fell by 2.11. %, the Nasdaq Composite Index fell 2.59%. The People's Bank of China issued a report on the implementation of monetary policy in the second quarter, saying that the momentum of global economic recovery weakened, which hindered the domestic economy from rising and formed business difficulties. There are many difficulties, and macro-control will be strengthened, including keeping the RMB exchange rate at a reasonable level, but it has not stopped the decline of the RMB against the US dollar, plus There is an upward risk of inflation in the United States, which aggravates investors' worries about the Fed's interest rate hike. The gold market has fallen for four weeks in a row, and the highest price of gold reached $1,916.3 last week. The low price reached $1,885.1 and closed at $1,889.5, down $24.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-18

August 18th Today's amplitude interval      The People's Bank of China instructed mainland financial institutions to defend the RMB exchange rate at a reasonable level, but the RMB eventually fell, plus the new US announced yesterday. The number of jobless claims is lower than the market expectation, which makes the hawkish momentum of the Federal Reserve expand, and the price of gold falls in a consumptive way, and bears continue to dominate the gold market. Today's dimension The recommended volatility ranges from $1884 to $1901. Every other night, the Federal Reserve announced the minutes of the July meeting on interest rates, which showed that many US officials agreed that there was still an upward risk of inflation in the United States, suggesting that even if it was not in September, Raising interest rates, but it will still maintain a longer period of tightening policy, which will affect the low income of US stocks. Hong Kong stocks opened more than 300 points at the bottom of the crack yesterday, and the decline immediately expanded and once lost. Keeping the 18,000-point mark, the Hang Seng Index finally fell by less than 3 points or 0.01%, closing at 18,326 points and losing at 18,000 points. Recover. Investors digested the minutes of the July interest rate meeting announced by the US Federal Reserve in the early hours of Thursday, and the US economic data released yesterday supported the Fed hawks. The risk market has become more unattractive, with the three major European stock markets falling across the board, the German DAX index falling by 0.71%, and the CAC index in Paris, France. The index fell by 0.94%, while the FTSE 100 index fell by 0.63%. After several participants of the US Federal Reserve warned of the risk of accidental over-tightening, it showed that There are significant upward risks to inflation, and one of the key data mentioned is that the labor market is still tense; And the number of new jobless claims announced yesterday Below market expectations, the momentum that the Fed will maintain a longer period of tightening policy has expanded. The three major stock indexes on Wall Street fell across the board, while the Dow Jones index fell. 0.84%, the Standard & Poor's 500 Index fell 0.78%, and the Nasdaq Composite Index fell 1.1%. The People's Bank of China issued a report on the implementation of monetary policy in the second quarter, saying that the kinetic energy of global economic recovery weakened, which hindered the domestic economy from rising and formed a business economy. There are many difficulties in business, and macro-control will be strengthened, including keeping the RMB exchange rate at a reasonable level. As soon as the report came out, the RMB fell slightly. In order to calm down, the price of gold once rose to the level of $1,900, with the highest price of $1,903.5. When entering the US market, the US economic data showed an ideal performance and increased. Investors were worried about the Fed's interest rate hike, and the price of gold turned down, reaching a peak of $1,885.1 and closing at $1,889.3, down $2.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-17

August 17th Today's amplitude interval      China's economic data continued to weaken, and the renminbi accelerated its decline against the US dollar. In addition, the minutes of the Federal Reserve's July meeting on interest rates showed that US inflation still existed. Emphasis on upside risks implies that even if interest rates are not raised in September, the tightening policy will be maintained for a longer period. The price of gold continued to fall under pressure and finally fell below yesterday. At the level of $1,900, the price of gold fell consumptively, and bears continued to dominate the gold market. Today's suggested volatility ranges from $1,884 to $1,901. The National Bureau of Statistics announced that it predicted the price of new commercial residential houses in 70 large and medium-sized cities nationwide last month, and the index fell by 0.1% year-on-year, even though mainland real estate enterprises exploded and bought. The confidence of homeowners has been greatly weakened, and the transaction has become more sparse. However, this data of the National Bureau of Statistics is still unquestionable, because the mainland has a guiding price for housing, just like stocks. Generally speaking, in the absence of a transaction, the issuer is required to take the "response quotation" as the guide, regardless of whether the price meets the expectations of investors. It always holds. The mainland rescued the market, suddenly announced a reduction in the convenient interest rate for medium-term lending, and planned to reduce the stamp duty on stocks, but still failed to reverse the disadvantage, and the Hang Seng Index was low. At the opening of 224 points, it fell by 319 points at most, and the decline at the end of the market narrowed to 251 points or 1.36%. The Hang Seng Index finally closed at 18,329 points. The economic data released by the euro zone yesterday was just like the market, while in the UK, the inflation data fell back, which helped the Bank of England to raise interest rates, but the market After watching the European market, the minutes of the Federal Reserve's meeting on interest rates showed that the three major European stock markets developed individually, with the DAX index in Germany rising by 0.14% and CAC in Paris, France. The index fell 0.1% and the FTSE 100 index fell 0.44%. The market waited and saw the minutes of the July meeting on interest rates announced by the US Federal Reserve in the early hours of this morning, although many and Participants warned of the risk of unexpected over-tightening of policies, but indicated that there was a heavy upward risk of inflation, and the labor market was still tense, suggesting that even in September, We will not raise interest rates, but we will still maintain a longer period of austerity policy. The three major stock indexes on Wall Street fell across the board, the Dow Jones index fell by 0.52% and the Standard & Poor's 500 index fell. 0.74%, the Nasdaq Composite Index fell 1.15%. China's economic data continued to weaken, and the renminbi accelerated its decline against the US dollar. In addition, the minutes of the Federal Reserve's July meeting on interest rates showed that inflation in the United States still existed. The upward risk implies that even if the interest rate is not raised in September, the tightening policy will be maintained for a longer period. The US dollar index rose to 103.5 points, and the gold price continued to fall under pressure. It closed below the level of $1,900, and the highest price of gold was $1,907.3, and the lowest price was $1,891.9, which closed at $1,892.1, down $9.7. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-16

August 16th Today's amplitude interval      China's economic data continued to weaken, the RMB fell against the US dollar at an accelerated pace, and the latest retail sales data in the United States grew significantly higher than market expectations. The US dollar index rose to 103.3 points, and the price of gold continued to fall under pressure. Yesterday, it once fell below the level of $1,900, and the price of gold fell in a killing way, but it has fallen unconsciously. To the low level since June 9, bears continue to dominate the gold market. Today's suggested volatility ranges from $1,895 to $1,908. The economic data of the mainland is following the weak trend. China's industrial added value, retail sales and fixed assets investment data in July were all below expectations, while the national urban survey The unemployment rate rose by 0.1% from last month. The Bureau of Statistics was creative and announced that it would suspend the release of the unemployment rate of young people aged 16-24 nationwide from August. Decisive and wise! Hong Kong stocks fell for three consecutive days to reflect the mainland economy. The Hang Seng Index opened 174 points lower, with a maximum drop of 259 points, and the decline at the end of the market narrowed to 192 points or 1.03%, the Hang Seng Index finally closed at 18,581 points. The mainland rescued the market, suddenly announced a reduction in the medium-term lending convenience interest rate, and planned to reduce the stamp duty on stocks. It remains to be seen whether the disadvantages can be reversed. Affected by the external economic environment, the three major stock markets in Europe fell across the board, and China's economic data was once again worse than market expectations, relying on China's economic recovery With the disillusionment of European economy, on the other hand, the latest retail sales data in the United States has increased significantly, and investors are worried that the Federal Reserve may take longer. Under the attack of maintaining high interest rate policy in China, European stock markets fell, Germany's DAX index fell by 0.86%, and France's Paris CAC index fell by 1.11%. Britain's FTSE 100 index fell 1.57%. Fitch Ratings, a rating agency, considered downgrading the credit ratings of some American banks, including large banks. The market rushed to reduce its holdings, and the share prices of large banks generally fell by 2%. To 3%, dragging down the overall investment atmosphere, coupled with the latest retail sales data in the United States increasing by 0.7% month-on-month, much higher than the market forecast of 0.4%. Adding to the market's worries about the Fed's long-term policy of maintaining high interest rates, the three major stock indexes on Wall Street fell more than 1%, the Dow Jones index fell 1.02%, and the Standard & Poor's. The 500 index fell 1.16%, and the Nasdaq Composite Index fell 1.14%. China's economic data continued to weaken, the RMB fell against the US dollar at an accelerated pace, and the latest retail sales data in the United States grew significantly higher than market expectations. The US dollar index rose to 103.3 points, and the gold price continued to fall under pressure. Yesterday, it once fell below the level of $1,900, and the highest price of gold was $1,911.7, the lowest. 1896.5 dollars, closing at 1901.8 dollars, down 5.7 dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-15

August 15th Today's amplitude interval      The US dollar remained strong yesterday, the US dollar index rose above 103 points, the price of gold fell under pressure, and bears continued to dominate the gold market, testing the 200-balance moving average yesterday. Where the $1908 is. Today's suggested volatility ranges from $1,900 to $1,913. Country Garden officially suspended the trading of its 11 domestic bonds yesterday, and circulated a proposal to extend the domestic bonds due on September 2 for three years, which means that this has been The most successful private real estate companies are completely trapped in the problem of capital flow; But the biggest thing is the mainland financial investment machine that invests in mainland real estate bonds. Structure, in addition to the beginning of major losses, it can not be spit in the market, the lotus effect will continue to expand, hitting the overall economic prospects, national policies It seems that there is nothing to do for the time being, so we have to put it off again and again, and small investors can only ask for more happiness! Hong Kong stocks opened 377 points lower yesterday and fell below 19,000 points at the opening. Pass, at most, fell by 520 points, and the decline at the end of the market narrowed to 301 points or 1.85%. The Hang Seng Index finally closed at 18,773 points. Investors are bearish on China's economic prospects, European luxury brand stocks are under pressure, and European banks with major affairs in the China Special Administrative Region are also dragged down. The middle of the market is still relatively weak. When entering the US market, the Dow opened lower and then rose repeatedly, helping European stocks to make corrections before closing, and finally the three major European stocks. The ticket market developed separately, with Germany's DAX index rising by 0.45%, France's Paris CAC index rising by 0.12% and Britain's FTSE 100 index falling by 0.24%. Affected by the producer price index released last Friday being higher than the market expectation, US stocks opened lower, but the market began to take over, coupled with the catch-up of chip stocks. Boom, investor sentiment is still high, and the three major stock indexes on Wall Street rose across the board to close, with the Dow Jones index up 0.07% and the Standard & Poor's 500 index up 0.58%. The Nasdaq Composite Index rose 1.05%. China's economic prospects are in danger, and the renminbi has gone to the US dollar significantly. In addition, the primary election results of the Argentine presidential election show that it advocates dollarization of the national currency. Right-party candidates are ahead of other rivals, which impacts investors' confidence. On Monday, the Argentine government announced that it would devalue the peso by up to 18% to achieve the US dollar. Yesterday was strong, the US dollar index rose above 103 points, and the gold price fell under pressure. The highest price of gold was $1,916.3, and the lowest price was $1,902.7, closing at $1,907.5. It fell 6.3 dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-14

August 14th Today's amplitude interval      The inflation data in the United States is uneven, and the inflation data has dropped slightly year by year, but the producer price index is still higher than expected. Investors are worried that the Fed will increase the pressure to raise interest rates. The dollar remains strong; Gold prices have fallen for three weeks in a row, and bears still dominate the gold market, testing the $1,908 of the 200-day moving average. Today's suggested volatility is at 1907 to 1924 dollars. It can be reported that the mainland economy is already preparing for debt restructuring, and it is expected to start relevant procedures in the near future. There are signs of improvement in trading, which is worse according to China data. Investors are worried that China will not recover in the post-epidemic era. Hong Kong stocks fell for two weeks in a row. In one week, the Hang Seng Index fell by 343 points or 2.38%, which was reported on Friday. The market closed at 19075. The real estate company in the Mainland once again thundered, and Country Garden failed to approve shares last time. It has opened Pandora's box and made a profit last week. Loss of 55 billion yuan, and said that there are two US dollar debt interest may not be able to repay, and in May, the approval of Country Garden service to pay dividends in advance is also very suspicious. Retreat in order to get out, but Evergrande has a precedent to follow. When the housing enterprises are too big to fail, the state will not rescue them, but will take a big stake. East uses all property to continue the operation of the enterprise; However, the domestic financial system was not immune to the fire, and Hong Kong stocks jumped 19,000 points. Quite a lot! Last week, the Italian authorities approved a 40% "windfall tax" on banks. Although the Italian authorities said that the windfall tax was only implemented once, it was still imposed on European banks. Plate hit hard, the overall decline of nearly 3%, coupled with investors affected by the US economy, the three major European stock markets were divided last week, Germany DAX index. It fell by 0.75%, the CAC index in Paris rose by 0.34%, and the FTSE 100 index in Britain fell by 0.53%. Last week, the United States announced the annual consumer price index for July. The growth rate was 3.2%, which was slightly lower than the market expectation, but the producer price index released later was higher than the expectation, indicating that Tong Tong is still tenacious and has the opportunity to stimulate. The motivation for the Fed to raise interest rates, the three major stock indexes on Wall Street developed separately last week, with the Dow Jones index up 0.62%, the Standard & Poor's 500 index down 0.31%, and NASS. The Dow Composite Index fell 1.9%. The dollar remained strong yesterday, although Williams, the third person in the Federal Reserve, said that he would not rule out the possibility of cutting interest rates in early 2024. The upward trend of the US dollar index was suppressed, but the inflation data in the United States was uneven, and the inflation data decreased slightly year by year, but the producer price index was still higher than expected. Analysts are worried that the Fed will increase the pressure to raise interest rates. Last week, the highest price of gold was $1,946.8, and last Friday, it closed at $1,912.4, which was close to the all-week low. In a week, it fell by $28.9. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-11

August 11th Today's amplitude interval The US inflation data, which had been waiting for many days, was revealed last night. The data was lower than market expectations. At one time, the price of gold rose above $1,930, but eventually it was a false fire and fell back. 2 dollars closed, highlighting the weakness of the gold market. The price of gold has fallen by nearly 200 antennas, and it seems that it can't go down. It can be more than $1,907 at this key position. Today's suggested volatility ranges from $1907 to $1926. There are signs of improvement in mainland real estate trading. According to the report released by the China Real Estate Research Institute, although real estate financing has been pressed since the beginning of the year, It fell in 2008, but the total amount of financing increased month by month in July. The report also pointed out that due to the recent policy promotion of the central government, it is conducive to driving the real estate market and buyers' trust. The repair of the heart. Hong Kong stocks opened lower and closed higher. The Hang Seng Index opened 121 points lower yesterday, with a maximum drop of 215 points. It began to be accepted near the 19,000 mark, and finally the Hang Seng Index closed. It rose 2 points or 0.01% to close at 19,248 points. The US inflation data was revealed last night. In July, the annual growth rate of the consumer price index was lower than expected, and the market's longing for the Fed to keep interest rates unchanged in September warmed up. The three major European stock markets rose across the board, with Germany's DAX index rising by 0.91%, France's Paris CAC index rising by 1.52% and Britain's FTSE 100 index rising by 0.41%. The United States announced yesterday that the consumer price index rose by 3.2% year-on-year in July, slightly lower than market expectations, while the core consumer price index rose by 4.7% year-on-year. Below market expectations. The market is looking forward to easing the pressure of the US Federal Reserve to raise interest rates. The three major stock indexes on Wall Street rebounded after falling for two consecutive days, and the Dow Jones index rose by 0.15. %, the Standard & Poor's 500 Index rose 0.03%, and the Nasdaq Composite Index rose 0.12%. The United States announced the consumer price index and the core consumer price index in July, both of which were also lower than market expectations. The price of gold once soared, and the highest price of gold was 19. 30.2 dollars, but after that, it was unsustainable, with a minimum of 1912.2 yuan, and finally closed at 1912.4 dollars, down 2.6 dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-10

August 10th. Today's amplitude interval The market is observing the US inflation data released today. Although the US dollar index fell slightly yesterday, it basically remained strong, while the gold price maintained its decline. It remains to be seen whether the inflation data tonight can reverse the weakness. Today's suggested volatility ranges from $1902 to $1926. According to the National Bureau of Statistics, the consumer price index of China in July fell by 0.3% year-on-year, which is a deflation phenomenon in two and a half years, and it is actually being implemented in China. Monetary easing policy, coupled with the announcement of lifting all epidemic restrictions at the end of the year, the economy has not kept up with the rebound momentum, and national leaders are quite impressed. Head marks! Hong Kong stocks opened lower and closed higher yesterday. Affected by mainland economic data, the Hang Seng Index opened lower by 124 points. Investors paid attention to the inflation data released by the United States today. Finally, the Hang Seng Index closed up 61 points or 0.32% to close at 19,246 points. The Italian authorities approved a one-time 40% "windfall tax" on banks, and the news was digested, and the European banking sector rebounded, while the market waited for the United States today. The inflation data was released to judge that after the US Federal Reserve raised interest rates, the three major European stock markets rose across the board, with Germany's DAX index rising by 0.49% and Paris, France. The CAC index rose by 0.72%, while the FTSE 100 index rose by 0.8%. On the eve of the latest inflation data released by the United States, investors turned cautious, and American companies announced that Cloth performance was worse than expected, and US stocks fell repeatedly yesterday. Wall Street's three major stock indexes fell for two consecutive days, with the Dow Jones index down 0.54% and the Standard & Poor's 500 index down 0.71. %, the Nasdaq Composite Index fell 1.17%. China's consumer price index fell by 0.3% year-on-year in July. Despite this, domestic banks sold dollars to support the RMB exchange rate, and the market expected Britain. The central bank will have the opportunity to control deflation at 2% in 2028, and the US dollar index will soften slightly, but the market is still observing the US inflation data released today. The price of gold keeps falling. The highest price of gold was $1,932.4, and the lowest price was $1,914.1. It finally closed at $1,915, down $10.2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-09

August 9 th Today's amplitude interval The US dollar remained strong, and the European and American banking stocks were washed out, which triggered an overall decline in European and American stock markets. The US dollar became a safe haven for investors, and the US dollar index rose to 102.5, the gold price is still weak. Today's suggested volatility ranges from $1920 to $1933. According to the General Administration of Customs, the import and export in July was 482.92 billion US dollars, with the largest decline in exports in more than three years and the largest decline in imports in six months. According to the current supervision Institutions can only sing the principle of good. The decline in import and export figures this time reflects the success of the national leaders' strategy of encouraging more domestic demand and self-supply! inside The data of import and export on the ground and last month were worse than market expectations, the RMB fell under pressure, and Hong Kong stocks opened lower and closed lower. The Hang Seng Index opened lower by more than 200 points, with a maximum drop of 425 points. In the end, the Hang Seng Index closed down 353 points or 1.81% at 19,184 points. The Italian authorities approved to levy a 40% "windfall tax" on banks. Although the Italian authorities pointed out that the windfall tax was only implemented this year, the European banking sector suffered greatly. Strike, the overall decline of nearly 3%, became the locomotive of yesterday's market decline, Europe's three major stock markets fell across the board, Germany's DAX index fell 1.1%, France's Paris CAC. The index fell by 0.69%, and the FTSE 100 index fell by 0.36%. Following Fitch's sudden downgrade of the US credit rating, Moody's also downgraded 10 small and medium-sized US companies yesterday. The credit rating of banks, reported by central and large bank stocks, fell by more than 1% to 2% on average, while the poor economic data in China aggravated the market's economic prospects. Worried, the three major stock indexes on Wall Street fell across the board, with the Dow Jones index down 0.45%, the Standard & Poor's 500 index down 0.42% and the Nasdaq Composite Index down 0.79. %。 The US dollar remained strong, and the European and American banking stocks were washed out, which triggered an overall decline in European and American stock markets. The US dollar became a safe haven for investors and the US dollar index rose to 102. In the middle, the 10-year national debt fell below 4%, and the gold price fell under pressure. The highest price of gold was $1,938.2, and the lowest price was $1,922.8, which finally closed at $1,925.2. Down $11.4. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-08

August 8 th Today's amplitude interval New york Fed President William Williams delivered a speech, saying that the possibility of cutting interest rates in early 2024 will not be ruled out, but it will still depend on economic data. Market concern This week's US inflation data, and looking forward to the Fed's interest rate cut next year, it is expected that the gold market bears will not be too aggressive. Today's suggested volatility ranges from $1932 to $1932. 1947 dollars. According to foreign media reports, mainland regulators and official media put pressure on economists, securities analysts and researchers to avoid discussing China Connect. Reduce negative trends such as capital outflow to maintain people's confidence in the domestic economy. This kind of operation can only be sung well and can't be reported negatively. How can it be effective when the network is so developed? Hong Kong stocks continued their decline last Friday, dropping 64 points in the afternoon, and then they struggled. Up to 187 points, up to 42 points, the Hang Seng Index closed at 19,538 points, down 1 point, and the turnover was reduced to less than HK$ 80 billion. After the sharp downward adjustment of the stock market last week, investors are concerned about the inflation data released by the United States this week, and the backward direction of the Fed's interest rate hike, Europe. The three major stock markets in Europe fell slightly yesterday, with Germany's DAX index down 0.02%, France's Paris CAC index down 0.06% and Britain's FTSE 100 index down 0.14. %。 New york Fed President William Williams delivered a speech, saying that the possibility of cutting interest rates in early 2024 will not be ruled out, but it will still depend on economic data, he added. Once the inflation rate drops, in order to keep monetary policy on economic growth and inflation reaching the bureau's target inflation rate, the Fed will naturally downgrade its name accordingly. Interest rate. The market expects the Fed to cut interest rates next year, and the investment atmosphere becomes positive. The three major stock indexes on Wall Street rose across the board, and the Dow Jones index rose by 1.16%. The Standard & Poor's 500 Index rose 0.94%, and the Nasdaq Composite Index rose 0.89%. The dollar remained strong yesterday, although Williams, the third person in the Federal Reserve, said that he would not rule out the possibility of cutting interest rates in early 2024. Williams' remarks were suppressed. Most of the upward trend of the US dollar index was controlled, but the US dollar index still rose by nearly 0.07%, and the gold price fell under pressure. The highest price of gold was $1946.8, and the lowest price was $1931.5. Yuan, finally closed at $1936.6, down $6.1. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-07

August 7th Today's amplitude interval The US labor data is uneven, and the market hopes that the Fed will have the opportunity to turn pigeons. However, Fitch downgraded the US credit rating, causing global stock markets to fall and the US dollar to become As the best safe haven, the gold price is still dominated by bears for the time being because the dollar remains strong. However, the depth of decline is also limited. Today's suggested volatility is $1,930. To 1948 dollars. China's National Development and Reform Commission has once again put forward a plan to revitalize domestic consumption. However, it has not been concrete and careful, and the market is worried about the improvement of the central government. The slogan of the revolution, why did it expand 31 articles and combine boxing, but there has never been a real specific stimulus plan. And hardrain in Hebei Province has no economic losses China, for fear of dragging down the overall economy, lost 377 points or 1.89% in Hong Kong stocks, and the Hang Seng Index closed at 19,539 points on Friday. The Bank of England followed last week With the actions of the Federal Reserve and the European Central Bank, the Bank of England announced a 25-point interest rate hike. The Bank of England expressed its expectation that the tightening policy would play a role in letting interest rates It will remain rampant for a longer period of time, but it still retains the policy guidance of raising interest rates. The United States was downgraded by Fitch Ratings, a rating agency, and its credit rating continued in the market. Fermentation, the three major European stock markets continued to fall. In a week, Germany's DAX index fell by 3.14%, France's Paris CAC index fell by 2.16%, and Britain's. The FTSE 100 index fell 1.69%. Fitch Ratings, a credit rating agency, downgraded the credit rating of the United States. Investors' diversification of investment risks triggered a decline in global stock markets, and the US dollar index regained 102 points. Ten-year US Treasury bonds are also sought after, with a yield of nearly 4.2%. The trend of US stocks continued to be sluggish, and the three major stock indexes on Wall Street fell across the board. On the other hand, Apple sent out a camp police, dragging down the bench of science and technology. In a week, the Dow Jones index fell by 1.11%, the Standard & Poor's 500 index fell by 2.21%, and Nasda The gram composite index fell by 3.111%. The World Gold Council issued a report, which predicted that the global demand for gold would decrease by 2% year-on-year in the second quarter of 2023, which set off the decline of the gold market this week. Clock; The US labor data is uneven, and the market is looking forward to the opportunity for the Fed to turn pigeons. However, Fitch downgraded the US credit rating, which triggered a decline in global stock markets and the US dollar. Becoming the best haven, the US dollar index saw 102.8 last week, hitting the price of gold; The highest price of gold last week was $1,972.4, and the lowest price was $1,924.8. It finally closed at $1,942.7, which was $16.6 a week. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-04

August 4 th Today's amplitude interval The gold market lacks direction, and investors wait for the non-agricultural figures tonight before judging the direction of entering the market. The price of gold fell below the upward track established in June and failed to Hold $1,942, forming a bottom-top reversal, and the trend is still weak for the time being. Today, the volatility of yesterday's proposal is kept at $1925 to $1940. The weakness of Hong Kong stocks has not changed, and Hong Kong stocks have fallen for three consecutive days. China's National Development and Reform Commission once again proposed a plan to revitalize domestic consumption, but it was not specific. Careful, the market is worried about the improvement of the central government, which is only a slogan of reform in style, rather than the implementation of real stimulus policies. The RMB fell to a low this week, and Hong Kong stocks It opened 113 points lower and investors lacked direction. The Hang Seng Index opened 108 points lower to close at 19,420 points, down 97 points or 0.49%. The Bank of England followed the Federal Reserve yesterday. And the European Central Bank, announced that a 25-point rate hike was in line with market expectations. The Bank of England expressed its expectation that the tightening policy would play a role and make profits. The rate will remain rampant for a longer period of time, but it still guarantees the policy guidance of raising interest rates. The three major European stock markets continued to fall, and the German DAX index fell by 0.79. The CAC index in Paris fell by 0.72%, while the FTSE 100 index in Britain fell by 0.43%. Credit rating agencies downgraded the credit rating of the United States, and investors' diversification of investment risks triggered a decline in global stock markets. The US dollar index returned to 102 points, and the United States Ten-year treasury bonds are also sought after, with a yield of nearly 4.2%; The trend of US stocks continued to be sluggish. The three major stock indexes on Wall Street fell across the board, and the Dow Jones index fell by 0.19. %, the Standard & Poor's 500 Index fell 0.25%, and the Nasdaq Composite Index fell 0.01%. The gold market lacks direction, and investors wait for the non-agricultural figures tonight. Judging from the direction of entering the market, the price of gold fluctuated less than $5 all day, and finally it was close to flat. The highest price of gold was $1938.9, and the lowest price was $1929.6. Finally, It closed at $1934.2, down $0.5. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-03

August 3 th Today's amplitude interval The price of gold fell below the rising track established in June, and failed to hold $1,942, forming a bottom-top reversal, and the trend remained weak for the time being. Today's suggested volatility is at $1925 to $1940. As the world's largest economy, the United States dollar is the main global trading currency, which has a certain influence on the global economy. The so-called American minor cold is big in the world. Cold; Fitch Ratings, a credit rating agency, suddenly downgraded the US credit rating, scaring investors, and Hong Kong stocks fell below the 20,000-point mark. The Hang Seng Index opened 108 points lower, down. It has expanded by more than 500 points, and finally closed down by 493 points or 2.47% to close at 19,517 points. Fitch suddenly downgraded the US credit rating, and US Treasury Secretary Yellen made a statement. Ma voiced his opposition and expressed his great disagreement with Fitch's report. Even so, investors still feared that the US economy would be dragged down, and European stock markets followed Asian stock markets. After that, the market obviously lacked support and fell deeper and deeper. The three major European stock markets finally fell more than 1.2%, and the German DAX index. It fell by 1.36%, the CAC index in Paris, France fell by 1.26%, and the FTSE 100 index in Britain fell by 1.36%. Credit rating agencies downgraded the credit rating of the United States, which triggered a global stock market decline. Of course, the United States, as a party, can't escape this open water, and it is the smallest non-agricultural. The data performed better than expected, and it could not recover the disadvantage of stock decline. Investors reduced their risky assets, and the three major stock indexes on Wall Street fell across the board, and the Dow Jones index. It fell by 0.98%, the S&P 500 index fell by 1.38%, and the Nasdaq Composite Index fell by 1.37%. Credit rating agencies downgrade US credit rating, gold market It rose in the early period, and the highest price of gold was $1,954.9. However, when it entered the US market, the small non-agricultural data performed better than expected, and the gold market began to decline, plus the United States. The exchange rate of RMB and the yield of US 10-year Treasury bonds rose, while the price of gold fell sharply, reaching a minimum of $1,933, and finally closed at $1,934.7, down $9.5. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-02

August 2 th Today's amplitude interval The World Gold Council issued a report, saying that due to the slowdown in the purchasing pace of central banks, it is expected that the global gold demand will decrease by 2% year-on-year in the second quarter of 2023. The gold market fell in an orderly manner, and the gold market stayed above $1,943, hoping to keep it steady, otherwise it might fall to $1,930. Once it fell below $1,940, it could Consider being empty. Today's suggested volatility ranges from $1,940 to $1,958. On this side, China has just announced the implementation of policies to save the dying mainland property market. On the other side, mainland real estate enterprises have regained 20,000 points through Hong Kong stocks, regardless of the size. Dismantling the pumping to save themselves, but Country Garden's archer canceled the rights issue and caught the market off guard! In addition, the mainland research report shoots the housing prices of 100 cities in the mainland and And the volume of transactions declined before the continuation in July, while the number of second-hand hanging orders increased sharply and the bargaining space expanded, indicating that residents are still wary of investing in bricks. The so-called once bitten, twice shy, it is a difficult problem to reverse investors' short-term confidence in the property market! Hong Kong stocks softened in the first trading day of August, Guard the 20 thousand mark; The Hang Seng Index opened 132 points higher, having expanded its increase to 252 points. The RMB fell back due to the weakening of manufacturing data, and the market fell by 67 points or 0.34%, ending at 20011. The opening of European stock markets obviously lacked direction, and investors waited for the latest data released by the United States, which led to both buying and selling. After the release of American data, the overall market The market is now back, but another news caused investors to panic. Fitch rarely downgraded the US sovereign credit rating, and the three major European stock markets plummeted, Germany China's DAX index fell by 1.26%, France's Paris CAC index fell by 1.22%, and Britain's FTSE 100 index fell by 0.43%. Fitch Ratings, a credit rating agency, made a rare downgrade. American credit rating, Fitch means that due to the steady deterioration of American finance, the highest credit rating of AAA in the United States is lowered to AA+ to reflect its wealth. Political deterioration. Us treasury secretary yellen immediately voiced her opposition and expressed her great disagreement with Fitch's report. The three major stock indexes on Wall Street developed individually, Dow Jones. The Dow Jones index rose 0.2%, the S&P 500 index fell 0.26%, and the Nasdaq composite index fell 0.43%. The World Gold Council issued a report, saying that due to the slowdown in the purchasing pace of central banks, it is expected that the global gold demand will decrease by 2% year-on-year in the second quarter of 2023. The gold market fell in an orderly manner yesterday, falling all day. The highest price of gold was $1,966, and then it turned down and fell, with the lowest price of 19,413.2, and finally 1944.2 dollars closed, down 21.4 dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-08-01

August 1th Today's amplitude interval The gold market continued to consolidate. Yesterday, the US exchange weakened, and the price of gold was first low and then high. The price of gold remained above $1,943, and the long-term price was still bullish. today The suggested volatility is between $1958 and $1974. China Premier Li Qiang presided over the Standing Committee of the State Council, stressing that it is necessary to promote sustained economic recovery and strengthen the study of countercyclical adjustment and policy reserve. Among them, the great policy of "no speculation in housing", which makes the inner room responsible, may complete the historical task silently; Li Qiang stressed the need to adjust and optimize. Real estate policy, accelerate the research and construction of a new development model of the real estate industry. Looking forward to the accelerated recovery of the mainland economy due to policies, the Hang Seng Index regained 20,000 yuan. It closed at 20078, up 162 points or 0.82%. The European Central Bank also announced a rate hike of 0.25% later on the same day. European Central Bank President Lagarde said that the prospects of the euro zone have deteriorated, and in the short term, Economic growth will continue to be weak. The meeting in September may suspend the interest rate hike, and it will be supplemented yesterday. After suspending the interest rate hike once, there is still a chance to hold the next meeting. Interest rates resumed to raise interest rates. She stressed that the central bank's goal is to gradually reduce inflation to 2%, but it will still be decided according to the data. In addition, the euro zone The GDP exceeded expectations, and European stocks developed separately yesterday. Germany's DAX index fell 0.12%, France's Paris CAC index rose 0.29%, and Britain's FTSE. The 100 index rose by 0.06%. The Federal Reserve issued a bank credit report, which pointed out that the uncertainty of the economic environment, the decline of the expected collateral value and the deterioration of the credit quality of loans, and the expected silver The guild will tighten all kinds of credit instruments and credit standards more strictly. Us stocks continued to be strong in July, and both the benchmark index and the Nasdaq rose for five consecutive months; way Jones index rose 0.28%, Standard & Poor's 500 index rose 0.18%, and Nasdaq composite index rose 0.21%. The gold market continues to consolidate, In the early session, the price of gold dropped to a minimum of $1,952.6, but investors expected that the Bank of England would raise interest rates by 25 points this week, together with the President of the European Central Bank. After Lagarde suspended the interest rate hike in September, there is still a chance to resume the interest rate hike at the next meeting. The weakening of the US dollar has helped the gold price rebound successfully, and the gold price is the highest. Gao once made $1,972.5, and finally closed at $1,965.6, up $6.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-07-31

July 31st. Today's amplitude interval The US economy may have a soft landing, but the market is still worried that the recent strong economic data will force the Federal Reserve to raise interest rates again in September, while Japan and the European Central Bank It shows that the attitude of raising interest rates, the ambiguous attitude of the Federal Reserve and the still tight labor force in the United States have put pressure on the growth of gold prices. Today's suggestion The volatility ranged from $1,948 to $1,964. As expected by the market, the Federal Reserve announced a 0.25% interest rate hike in the early hours of last Thursday, and the Hong Kong Monetary Authority also followed the pace of interest rate hikes in the United States and announced an increase in Hong Kong discounts. The window interest rate is 25 points to 5.75%. Despite the pressure of raising interest rates, Hong Kong stocks outperform the periphery. China and the State Council push economic stimulus plan, referring to China goods. Monetary policy can flexibly use tools such as RRR reduction and interest rate reduction, and it is expected that the Bank of China will implement RRR reduction again in the third quarter to boost the total social demand. Stimulate private consumption and enhance the contribution of internal circulation to the overall economy of China. Looking forward to the accelerated recovery of the mainland economy in line with the policy, the Hang Seng Index has a star. The period rose by 841 points or 4.41%, closing at 19,639 points. After the United States announced a 25-point interest rate hike in the early hours of Thursday, the European Central Bank also announced a 0.25% interest rate hike later on the same day. After announcing the results of the interest rate discussion, Germany said that the prospect of the euro zone has deteriorated and economic growth will continue to be weak in the short term, suggesting that interest rate hikes may be suspended at the next meeting. European stocks rose across the board. In a week, Germany's DAX index rose by 1.81%, France's Paris CAC index rose by 0.59%, and Britain's FTSE 100 index rose by 0.4%. The Federal Reserve announced a rate hike of 0.25%, and expected that the US economy would not land hard. A number of economic data released last week also showed that the US economy was After the Fed raised interest rates several times, it was not hit, especially the labor market remained prosperous. On the contrary, inflation showed a slight decline, which was good. Venture capital atmosphere, the Dow Jones index rose for 13 consecutive trading days this month, the longest rise since 1987, and closed up 0.66% last week. The S&P 500 index fell by 0.14%, while the Nasdaq Composite Index rose by 2.11%. Last week, the Federal Reserve announced a 25-point interest rate hike, which was the highest since 2001. Federal Reserve Chairman Powell hinted that he would consider further tightening to curb inflation. It is said that interest rates will not be cut this year, but a decision will still be made one by one according to the data. The United States announced that the second quarter GDP was better than expected, and all the way The labor data supporting the high inflation data in the United States is still tight, and the number of initial jobless claims has fallen for the third consecutive week, a strong economic figure. According to the stimulation of the yield of ten-year treasury bonds and the US dollar index, the price of gold fell under pressure last week, with the highest price of 1982.3 US dollars and the lowest price. See $1942.6, closed at $1959.3 on Friday, down $2.7 in a week. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-07-28

July 28th Today's amplitude interval The United States announced that the GDP in the second quarter was better than expected, and the labor data that supported the high inflation data in the United States remained tense, and the initial unemployment benefits were filed. The number of people fell for the third week in a row, and the latest figures were quite different from the expectations of market rise. Strong economic data stimulated the yield of 10-year government bonds. Together with the US dollar index, the price of gold is obviously under pressure. The price of gold has become a key support at $1,942. Once it does fall below, it may be tested at $1,910. Today's suggested volatility ranges from $1,942 to $1,955. As expected by the market, the Federal Reserve announced a 0.25% interest rate hike yesterday morning, and the Hong Kong Monetary Authority also followed the pace of interest rate hikes in the United States and announced an increase in the discount window in Hong Kong. The rate is 25 points to 5.75%. U.S. stocks were not afraid to raise interest rates every other night. The Dow Jones index rose for 13 consecutive trading days, and Hong Kong stocks followed the upward trend, opening 136 points higher, with the largest market. It rose 320 points, and finally the Hang Seng Index closed at 19,639 points, up 273 points or 1.41%. After the United States announced a 25-point interest rate hike yesterday morning, the European Central Bank (ECB) Later yesterday, it also announced a 0.25% interest rate hike. After announcing the results of the interest rate discussion, European Central Bank President Lagarde said that the prospects of the euro zone have deteriorated. In the short term, economic growth will continue to be weak, suggesting that at the next meeting or suspending interest rate hikes, European stocks will rise across the board, with Germany's DAX index rising by 1.7% and Paris, France. CAC index rose by 2.05%, while FTSE 100 index rose by 0.21%. The U.S. Department of Commerce announced yesterday that the second quarter GDP of the United States increased by 2.4% month-on-month, which was better than the market expected growth of 1.8%, and the initial jobless claims. The number of gold workers fell for the third week in a row. The figure released yesterday was 7,000 fewer than last week, and qiaqia was contrary to the market expectation of an increase of 7,000. classics The economic data is strong, but the market is worried that the Fed will raise interest rates again in September, and the trend of US stocks is unsustainable; The Dow Jones index rose for 13 consecutive trading days, creating a record After the longest surge since 1987, it closed down 0.67% yesterday, with the Standard & Poor's 500 Index down 0.64% and the Nasdaq Composite Index down 0.55%. The United States announced that the GDP in the second quarter was better than expected, and the labor data that supported the high inflation data in the United States remained tense, and the initial unemployment benefits were filed. The number of people fell for the third week in a row, and the latest figures were quite different from the expectations of market rise. Strong economic data stimulated the yield of 10-year government bonds. Together with the US dollar index, the price of gold was obviously under pressure. The highest price of gold was $1,982.3, the lowest price was $1,942.6, and finally it was $1,945.2. Yuan closed down $27. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-07-27

July 27th Today's amplitude interval Midland once again announced a 25-point rate hike this morning, a 22-year high. Federal Reserve Chairman Powell hinted that he would consider further tightening to curb inflation. He said that he would not cut interest rates this year, but he still had reservations, saying that he would still make a decision one by one according to the data. The market believes that the Fed's tightening policy has reached At the end, the yield of 10-year treasury bonds and the dollar index fell hand in hand, and the price of gold exceeded $1,970. It is expected that the dollar will weaken further and the price of gold will have a chance to pick. War 1900 dollars. Today's suggested volatility ranges from $1966 to $1980. Hong Kong stocks rose more than 4% on Tuesday. Yesterday, the Hang Seng Index closed down in a narrow range because investors were cautious about the Fed's interest rate hike. The Hang Seng Index opened 93 points lower, The market fell by 188 points at most. Although the market expects the Federal Reserve to raise interest rates by 25 points, investors are still waiting to see whether the interest rate hike cycle this year is over and the bearish funds are also. Not daring to be too aggressive, the Hang Seng Index finally fell 69 points or 0.36% to close at 19,365 points. The market waited and saw the results of the Fed's interest rate decision later, and European stocks were yesterday. The day fell across the board, Germany's DAX index fell by 0.49%, and the share price of luxury goods group LVMH plummeted by more than 5%, dragging down the CAC index in Paris, France by 1.35%. Britain's FTSE 100 index fell 0.19%. As expected by the market, the Federal Reserve announced a 0.25% interest rate hike this morning, but when talking about the economic prospects, Federal Reserve Chairman Powell said that the bureau staff It is no longer predicted that there will be an economic recession this year, because it is expected that the United States can reduce inflation without greatly damaging the economy and the economy will expand at a moderate speed. Zhang. The three major indexes of US stocks are divided, with the Dow Jones index rising 0.24%, the Standard & Poor's 500 index rising 0.02% and the Nasdaq Composite Index falling 0.12%. Midland once again announced a 25-point interest rate hike in the early hours of this morning. The current interest rate hit a high since 2001. Federal Reserve Chairman Powell hinted that he would consider further tightening. To curb inflation, it is said that interest rates will not be reduced this year, but a decision will still be made one by one according to the data. The market believes that the Fed's tightening policy has come to an end. The yield of 10-year treasury bonds and the dollar index fell hand in hand, and the price of gold rebounded. The highest price of gold was $1,978.4, although the American time period reflected American consumers. The confidence index is still strong, which once threatened the rebound of the gold price. However, after the data was digested, the gold price still closed close to the daily high, with the lowest price of 1962.1 US dollars and the highest price. It finally closed at $1972.2, up $7.5. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak