Gold market analysis

2023-05-03

On May 3rd Today's range The market was closely focused on the outcome of the Fed meeting in the early hours of Thursday morning. The number of floating job openings last night indicated a continued slowdown in the labor market. Coupled with the rumors of another blowout at small and midsize U.S. regional banks, gold managed to break through $2,000. A similarly weak non-farm change tonight could change the outcome of the rate hike and gold could challenge this year's high at any time. The gold market by the chemotactic agent and increase explosive power, but the process may become more bumpy, but generally still bullish, breaking 2028 dollars can be considered to add a note. Today's recommendation ranges from $2,008 to $2,025. According to the China Association of Listed Companies, net profits of domestic listed companies rose 0.8 per cent year on year to Rmb5.63tn last year, with underperformers including hard-hit housing and related banking stocks, as well as consumer stocks exposed to the pandemic. The association's figures briefly boosted Hong Kong shares by 400 points, but profit-taking orders surged, with Hang Seng up just 39 points, or 0.2 per cent, to 19,933, with less than HK $80 billion traded in the broader market in the absence of Beishui, the lowest volume in more than four months. European stock markets have been hovering high for several days, no major news upward breakthrough, yesterday the US again exploded small and medium-sized regional banks accelerated deposit outflows, again causing market concerns, the overall European stock market adjustment, all three European stock markets fell more than 1 percent, Germany's DAX index down 1.258, France Paris CAC index down 1.45 percent. Britain's FTSE 100 fell 1.28 percent. The failure of Silicon Valley banks caused the Lotus effect; Shares of Western Alliance Bank and Westpac Banking fell by nearly 30% as fears of a banking crisis continued to linger, with Wall Street's top three stocks falling as jpmorgan Chase took over the bank and prepared to delist it. The Dow fell 1.08%, the S&P 500 dropped 1.17% and the Nasdaq composite dropped 1.08%. The number of floating job openings in the U.S. fell to 3.9 million in the latest March data, the third straight monthly decline and a near two-year low. The gold market rose above $2000 after the data showed that the demand for labor in the US is slowing, which will help ease the momentum of wage growth and thus limit inflation in the US and ease the pressure on Federal Reserve policy makers to raise interest rates. Gold traded as high as $2,019.5 and as low as $1,978.5 before closing at $2016.6. It's $34. For detailed analysis and suggestions, please CLICK the following link to join the group and contact the administrator https://t.me/mingtak [Service Content]

2023-05-02

On May 2nd Today's range The market is closely focused on the two-day Fed meeting that starts on Tuesday, with media starting to debate whether there will be enough action to control inflation after this month's 0.25% rate hike. The dollar index is back at 102, putting pressure on gold, but it is still mostly stuck in the 1970-2020 range as gold waits for chemotactic. This week's US non-farm data and Federal Reserve data could trigger gold momentum at any time. The recommended range of US $1974 to US $1992 was maintained today. Hong Kong and European markets will be closed for the labor holiday. The market was focused on the takeover of First Harmony Bank, a regional lender whose deposits were dwindling. To avoid eventual bankruptcy, Bond Deposit Insurance Corp. ordered the takeover and contacted jpmorgan Chase & Co. The biggest bank failure since the collapse of Lehman Brothers on September 15, 2008, weighed on markets yesterday with a nearly 30 per cent drop in small and medium-sized regional banks, and a weak US manufacturing purchasing managers' index sent all three major Wall Street markets lower, with the Dow Jones index down 0.14 per cent. The S&P 500 fell 0.08% and the Nasdaq Composite fell 0.11%. The outlook is under pressure as China's manufacturing activity fell back into contraction on the back of a fall in inventories of raw materials. The latest reading was below the growth line and the manufacturing purchasing managers' index fell to 49.2 in April, China's National Bureau of Statistics said on Sunday, missing market expectations of 51.4. By the European session, it had reversed course, rising as high as $2,006.1, with the dollar index back at 102 and gold down $6.9 at $1,982.6 as attention focused on the Fed's two-day meeting starting Tuesday and media began to debate whether it would be aggressive enough to control inflation after this month's 0.25 percent rate hike. For detailed analysis and suggestions, please CLICK the following link to join the group and contact the administrator https://t.me/mingtak [Service Content]

2023-05-01

May 1st Still in the process of consolidation The market is closely monitoring the Federal Reserve's interest rate hike this week. The turmoil of the First Republic Bank's massive loss of deposits has revived market concerns, easing the pressure on Federal Reserve officials. In addition, the core personal consumption expenditure that the authorities are focusing on has not increased further. The market predicts that the Federal Reserve will raise interest rates by 25 points in May, as the last rate hike in this cycle and has the opportunity to start cutting interest rates this year. In such a situation, the US dollar will weaken, fueling gold prices. Gold prices have been trading sideways for several days, but still cannot move out of the volatile zone between 1970 and 2020. The gold market is waiting for a chemotactic, and this week's US non farm data and the Federal Reserve can ignite gold price momentum at any time. Today, the suggested range is between 1974 US dollars and 1992 US dollars. Chemotactic agent The threat of a wave of banking failures in the United States remains steadfast, and the trend of Hong Kong stocks fluctuates with the US stock market. The Hong Kong stock market closed at 19840 points on Friday, but there was a fierce debate between the bullish and bearish sides on the 250 day moving average. The Hang Seng Index fell first and then rose this week, but the late rise still failed to recover from its early decline. In one week, the Hang Seng Index fell 181 points or 0.9%. Deutsche Bank released its first quarter results of this year yesterday, with its profit increasing by 9% year on year, which was higher than the market expectation. However, the euro zone consumer confidence index released later did not bring alarm to the market. The latest figure was negative 17.5, which was in line with the market expectation. The negative interest consumption of the First Republic Bank of the United States disrupted the rise of the European stock market. The three major European stock markets developed separately in a week. The German DAX index rose by 0. 5% in a week 26%, the CAC index in Paris, France, hit a new high and then softened, falling 1.13%, while the FTSE 100 index in the UK fell 0.55%. Even though the media reported that the First Republic Bank in financial distress would be taken over or sold by the American State Deposit Insurance Corporation, the economic data raised market concerns. The personal expenditure of the United States in March remained unchanged, slightly better than the expected decline of 0.1%. The core personal consumption expenditure price index, which the Federal Reserve attaches great importance to, rose 0.3% month on month for two consecutive months. In addition to the sharp rise of the purchasing manager index, the market confirmed that the Federal Reserve would raise interest rates by 0.25% next week. The three major stock markets on Wall Street saw their respective developments last week, with the Dow Jones Index rising 2.04%. High tech stocks were severely affected by interest rate hikes, with the Standard&Poor's 500 Index rising 0.33% and the Nasdaq Composite Index falling 0.54%. The gold market still lacked direction last week, unable to break out of the daily rise and fall trend, and continued to consolidate around $2000. Basically, the market is gradually digesting the news that the Federal Reserve will raise interest rates by another 25 points in May. Last Friday, there was an inflation indicator that the Federal Reserve was extremely concerned about, which is the core personal consumption expenditure price index, which was flat compared to the previous month and slightly converged on an annual basis. Gold prices reached a high of $2009.5 last week, a low of $1974.2, and finally closed at $1989.5, rising by $6.6 in a week. For detailed analysis and operational suggestions, please feel free to join the CLICK group at the following link and inquire with the administrator https://t.me/mingtak Service Content [https://t.me/mingtakServiceContent]

2023-04-28

April 28th Today's amplitude interval The gold market bounced up and down with the US economic data. After some tossing, the price of gold finally fell slightly by less than $2. The decline in domestic income in the United States stimulated the price of gold. It crossed the level of $2,000, but the price of gold was immediately dragged down by labor data and personal consumption data, and it was rushed to $1,974, but it was obviously low. In the end, it only fell by $1.4. It is expected that the price of gold will still not go out of the shock zone between 1970 and 2020. Today's suggested volatility ranges from $1978 to $2005. The threat of the collapse tide of the US banking industry was dead but not stiff. The US stock market fell every other night, and the Hong Kong stock market opened to follow the decline. In the settlement date of the futures index, it was 250 days for both sides. The competition for the average line is fierce, and the Hang Seng Index closed at a positive number. Hong Kong stocks opened lower and closed higher. The Hang Seng Index opened lower by 20 points, falling by 94 points at most, rising by 123 points at most, and finally becoming constant. The health index rose 83 points or 0.4% to close at 19,840 points, and the turnover in the big market shrank to less than HK$ 97.1 billion, indicating that investors have a wait-and-see attitude. Deutsche Bank Yesterday, the results of the first quarter of this year were released, and the profit increased by 9% year-on-year, which was higher than the market expectation. However, the consumer confidence index in the euro zone released later did not hold the market. The market brought a warning, and the latest figure was negative 17.5, which was in line with market expectations and limited the increase of European stock markets. The three major European stock markets developed separately, and Germany The DAX index rose by 0. 05%, the CAC index in Paris rose by 0.23%, and the FTSE 100 index in Britain fell by 0.27%. Amazon's operating profit in the first quarter surprised the market, earning a total of $4.77 billion, about 16% higher than the market expectation of $3 billion, and its stock soared by more than 10%. inferior/sub- Mason's business continuity performance is consistent with the consumer data released yesterday. On the other hand, the number of initial jobless claims in the United States decreased to 230,000 last week. Stimulate the market to be more active. The three major stock markets on Wall Street rose by more than 1.5%, the Dow Jones index rose by 1.58% and the Standard & Poor's 500 index rose by 1.94%. Microsoft's performance beat expectations, helping the Nasdaq Composite Index to rise by 2.43%. Investors paid attention to the performance of American economic data. After some tossing, the gold market finally fell slightly. Yesterday, the United States released the first quarter GDP figures. Only recorded a growth of 1.1%, the gold market broke $2,000, and the highest price of gold was $2,003.4. However, the number of first-time jobless claims in the United States fell last week. And the deflator of core personal consumption expenditure was higher than the market expectation. After the release of two sets of economic data, the price of gold dropped sharply, with the lowest price of $1,974.1. Then it was slowly revised upwards, and finally closed at $1987.8, down $1.4. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-27

April 27th Today's amplitude interval The threat of the banking collapse tide is dead but not stiff, and the risk aversion once pushed the gold price above the level of $2,000. However, the durable goods orders in the United States in March exceeded the forecast. During the period, the price of gold immediately reversed and revisited, and finally closed at $1,989.2, down $7.9, and the difference of $0.1 erased the overall increase on Tuesday. Estimated gold price Still can't get out of the shock zone between 1970 and 2020. Today, the volatility of yesterday's proposal is maintained at $1980 to $2005. China Banking and Insurance Regulatory Commission announced that the accumulated net profit of commercial banks in the first quarter was 667.9 billion yuan, up 1.3% year-on-year, and the performance of mainland banks was good. Offshore RMB rebounded and Hong Kong stocks ended their three-day losing streak. The Hang Seng Index opened 96 points lower, thanks to the rebound of RMB, and Hong Kong stocks rose by 285 points at most. Finally, Hang Seng closed at 19,757 points, up 139 points or 0.7%, and returned to the 250-day moving average. European stock markets have been hovering at a high level for many days, with no significant loss. Interest rates broke through upwards. Yesterday, the market may be downgraded by the First Total Bank, and its share price plummeted by nearly 30%, triggering a downward trend in the overall financial sector in Europe. Adjustment, the three major European stock markets fell across the board, Germany's DAX index fell by 0. 49%, France's Paris CAC index fell by 0.86%, and Britain's FTSE 100 index fell. 0.47%。 The threat of the banking collapse tide is not stiff, and the first total and bank deposits are greatly lost. The market is reported that the Federal Deposit Insurance Corporation of the United States may lower the first total. And the financial status of banks, causing the market to worry about the banking industry again. The three major stock markets on Wall Street developed separately, and the Dow Jones index fell by 0.68%, the standard. The S&P 500 index fell by 0.39%, and the Nasdaq Composite Index rose by 0.39% due to Microsoft's better-than-expected performance. The threat of the banking collapse tide is dead but not stiff, the first There is a large loss of deposits in the total bank, and the market is reported that the Federal Deposit Insurance Corporation of the United States will downgrade the financial status of the first total bank, and the shares will be released within two days. The price dropped by nearly 80%, which caused the risk aversion to heat up. The highest price of gold was $2009.5, but the US durable goods orders increased by 3.2% in March, which was better than expected. Rush back, the lowest was $1983.4, and finally closed at $1989.2, down $7.9, almost completely erasing Tuesday's gains. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-26

April 26th Today's amplitude interval The US consumer confidence index fell more than market expectations, and the market was also worried about the global economic slowdown and the threat of bank closures. A total of a large number of bank deposits have been lost, and UBS Group AG, who has just completed the acquisition of Credit Suisse, announced that the performance in the first quarter of this year was much worse than expected, which made the risk aversion warm up. The price is still struggling around 2000 dollars. It is expected that the price of gold will still not go out of the shock zone between 1970 and 2020. Today, the suggested volatility of yesterday is maintained at 1984. Dollars to 2003 dollars. Some investment banks have published an analysis of Chinese and Hong Kong stocks. The report pointed out that although China's economy is recovering, due to the tense political situation in the Taiwan Strait, plus China and the United States countered each other and entered a spiral cycle. Investors lacked certainty about the prospects, preferring to sell their goods and leave the market for further observation, which stifled the prospects of the stock market. Yesterday, it opened 56 points lower, and then the decline gradually expanded, falling by 432 points at most, and closing down by 342 points or 1.71% to close at 19,617 points, falling for three consecutive days. UBS Group AG, who just completed the acquisition of Credit Suisse, announced the first quarter results of this year, in which the net profit was lower than expected due to the increase in the provision for legal expenses in litigation matters in the United States. It fell sharply by 52% year-on-year to $1.029 billion. On the other hand, the market continues to pay attention to the performance of high inflation in Europe, which will make the UK and the European Central Bank continue to be real. With the austerity policy, the three major European stock markets developed independently, with Germany's DAX index rising by 0. 05%, France's Paris CAC index falling by 0.56% and Britain's FTSE 100. The index fell by 0.27%. The tide of banking collapse left a tail. At first, the bank lost 80% of its deposits, and its share price fell by 50%. The market value fell to an all-time low of $1.5 billion, which worried the market. The banking crisis has not passed, risk aversion has warmed up, and the US consumer confidence index is lower than expected, which has caused the three major stock markets on Wall Street to fall by more than 1% across the board. The Dow Jones index fell 1.01%, the Standard & Poor's 500 index fell 1.56%, and the Nasdaq Composite Index fell 1.98%. Us consumer confidence index fell more than the market Market expectations, and the market is also worried about the global economic slowdown, coupled with the threat of bank closures, the first total and a large loss of bank deposits, and just UBS Group AG, who completed the acquisition of Credit Suisse, announced that the performance in the first quarter of this year was worse than expected, which warmed up the risk aversion. The gold price is still struggling around 2000 US dollars, and the gold price is the highest. See $2003.9, see the lowest in 1976.2, and finally close at $1997.1, up $8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-25

April 25th Today's amplitude interval The market is digesting the expectation that the Federal Reserve will raise interest rates by another 25 points in May. This Friday, there is an inflation indicator that the Federal Reserve is extremely concerned about, that is, core personal consumption. Spending the price index, investors in the gold market have become cautious, and the price of gold is struggling to float to the level of 2000 US dollars. It is estimated that the price of gold will not go out from 1970 to 2020. Between the shock zone. Today's suggested volatility ranges from $1984 to $2003. US President Biden plans to sign a high-tech related sector that restricts American companies from investing in China. The news came out, and the shares listed in the United States on May 1 ST were inherited. The pressure fell, and Hong Kong stocks fell in the market. The Hang Seng Index opened 25 points lower, with a maximum drop of more than 340 points. In the afternoon, the market was a little calm, but it still fell below the 20,000-point mark. The Hang Seng Index closed at 19,959 points, down 115 points or 0.58%. The turnover in the market was less than 96.5 billion Hong Kong dollars, the lowest since February 17. European Central Bank Executive Committee member Schnabel said that economic data showed that inflation was higher than expected, and the overall economy was more resilient than expected, and no economic recession was seen. Returning to the evidence coming soon, he added that in order to curb inflation, the possibility that the European Central Bank will raise interest rates by 50 points cannot be ruled out. And the double-digit inflation year in Britain The rate is also concerned by the market, and investors expect the Bank of England to raise interest rates again. Affected by the expected interest rate hike, the three major European stock markets are all On the other hand, Germany's DAX index fell by 0. 08%, France's Paris CAC index fell by 0.04%, and Britain's FTSE 100 index fell by 0.02%. The United States began the performance announcement period at the beginning of this month, and the parent companies of many American technology giants, including Microsoft, Google and Facebook, will be announced later this week. Report forms will be distributed from time to time, and the price index of personal consumption expenditure, the core inflation indicator of the Federal Reserve, will also be announced this Friday. Investors will cautiously enter the market. The three major stock markets developed separately, with the Dow Jones index rising 0.20%, the Standard & Poor's 500 index rising 0.09% and the Nasdaq Composite Index falling 0.29%. Yesterday, the gold market still lacked direction, and it could not get out of the situation of rising and falling day by day, and contending for the upward trend of 2000 US dollars. Basically, the market is gradually digesting the Federal Reserve in May. The news of raising interest rates by another 25 points, this Friday, there is an inflation indicator that the Federal Reserve is extremely concerned about, that is, the core personal consumption expenditure price index, and the price of gold is 2,000 US dollars. Struggling under the yuan, the highest price of gold was $1990.8, the lowest was $1974.2, and finally closed at $1989.1, up $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

2023-04-24

April 24 Today's amplitude interval There are still differences in the analysis of the prospects within the Federal Reserve, but it is obvious that doves still dominate the tone. It is widely expected that the Fed will still raise interest rates by 25 points in May. And began to cut interest rates later this year, but Friday's manufacturing data returned to the dry line, making speculation variable, and gold prices rose sharply last Friday. The whole has been reflected, and it is expected that the price of gold will still not go out of the shock zone between 1970 and 2020. Today's suggested volatility ranges from $1978 to $1993. Sino-US relations continue to deteriorate, and the BRICS countries support replacing the US dollar with their own currencies. The intention of the RMB to challenge the US dollar is obvious. The Chinese government is not an idle generation. US President Biden plans to restrict American companies from investing in China's semiconductor, artificial intelligence and quantum computing fields. As news spread, Hong Kong stocks suffered, and the Hang Seng Index fell below the 100-day average. The Hang Seng Index closed at 20,075 points last Friday, down 363 points or 1.8% in a week. Last week, the market was worried that the global economic slowdown would reduce the demand for crude oil. The international oil price fell by nearly 6%, reflecting investors' views, but it was beneficial to slow down. Tight energy pressure in Europe. In addition, the chief economist of the European Central Bank said that the credit problems in the European banking industry have been alleviated by the acquisition. Pressure, and data show that the impact of natural gas supply has subsided, and the decline in natural gas prices will help reduce the annual inflation rate, he added. The European Central Bank still needs to be in May. Raise interest rates, but failed to determine the rate of increase. Europe's three major stock markets continue to hover at a high level. In one week, Germany's DAX index rose by 0.47%. Paris CA, France The C index rose by 0.56%, a record high, and the FTSE 100 index in Britain rose by 0.74%. The United States continued its performance period last week, with mixed results, and the global economy showed signs of recession. In addition, the number of initial jobless claims in the United States increased last week. Adding 5,000 people to 245,000 people, more than the expected 240,000 people, all affected the sentiment of venture capital. The three major stock indexes of Wall Street stocks fell under pressure. Fortunately, last Friday, the United States China's manufacturing purchasing managers' index returned to the dry line, narrowing the decline. In a week, the Dow Jones index fell by 0.23% and the Standard & Poor's 500 index fell by 0.0. 1%, the Nasdaq Composite Index fell 0.42%. Last week, the price of gold fought fiercely between $2,000, rising day by day and falling day by day. Last Friday's decline just reflected the decline of the whole week. China's economic growth accelerated in the first quarter, In order to provide impetus for the dollarization of international trade, the dominance of the dollar is threatened, but the United States released the manufacturing purchasing managers index, with the latest figure of 50.4 points. It is higher than the market expectation, but more importantly, the data has returned to the dry line. This level has been the best since last September. Does it indicate the growth momentum again? Hopes were raised and became the focus of the market. The dollar stabilized, and the price of gold finally fell. Last week, the highest price of gold was $2,015.1, the lowest was $3.2, 1969, and finally it was 198. The market closed at $2.9, down $21.4. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-21

April 21st Today's amplitude interval There are signs of recession in the global economy, which has contributed to the rebound of gold prices. The price of gold has been contending around $2,000 for many days, which shows that investors are willing to raise interest rates by the Federal Reserve. There is concern that yesterday, the Federal Reserve Meister issued a dove message, which may support the price of gold. Today's suggested volatility ranges from $1993 to $2013. The People's Bank of China maintained the market lending quotation rate at 3.65% from last August, and the figure has remained unchanged for nine months, competing in the western world. When the austerity policy is adopted to raise interest rates on a large scale, it is even more obvious that the mainland economy lies in the uniqueness of the world! In addition, the People's Bank of China said that China's total economic supply and demand base. This is balanced, the monetary conditions are reasonable and moderate, the residents' expectations are stable, and there is no basis for long-term deflation or inflation. Hong Kong stocks are so weak and contending, which is quite boring, with high and low waves. Only 164 points. The Hang Seng Index opened 12 points lower, up 104 points at most, and finally rose 29 points or 0.14% to close at 20,396 points. The market is worried that the global economic slowdown will reduce the demand for crude oil. International oil prices have fallen for three days in a row, with a daily decline of more than 2%, reflecting investors' views. in addition In addition, European Central Bank President Lagarde said that inflation in the euro zone is still too high, and it is necessary to do everything possible to bring inflation back to the 2% target. I believe there is still one monetary policy. A long way to go; The three major European stock markets developed independently, and the German DAX index fell by 0.62%. The CAC index in Paris, France, fell by 0.14%, while the FTSE 100 index in Britain. Slightly increased by 0.05%. Investors are worried that Tesla will continue to cut prices and promote sales, and its share price will plunge by nearly 10%. In addition, European and American central banks are worried about raising interest rates, and the global economy has entered a recession. Signs, in addition, the number of initial jobless claims in the United States increased by 5,000 to 245,000 last week, exceeding the expected 240,000, which all affected venture capital. Emotion, the three major indexes of Wall Street stocks fell under pressure, the Dow Jones index fell 0.33%, the Standard & Poor's 500 index fell 0.6, and the Nasdaq Composite Index fell 0.78%. There are signs of recession in the global economy, investors expect that the demand for crude oil will decrease, and international oil prices have been greatly adjusted in recent days. In addition, the latest American Economic News According to the report, the US economy has been stagnant in recent weeks. In addition, the Federal Reserve Meister issued a dovish message saying that the US economy is closer than ever. The end of the contraction, but still need to be cautious and support raising interest rates again. The lowest price of gold was $1990.6, the highest rose to $2012.4, and finally reached $2004.6. Closing, up $9.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-20

April 20 Today's amplitude interval The inflation data in the UK is high, and investors are worried that the United Nations Reserve may also extend the interest rate hike cycle. The gold price tested $1,970 yesterday, and the low level supported the return. 1990 level. The gold price is 2,000 yuan, which is a battleground for long and short positions. Yesterday's test was held at the flag tip of $1,970 mentioned in Tuesday's article. I believe it has been established. See adjusting the depth. Today's suggested volatility ranges from $1983 to $2005. The exchange rate of the Hong Kong dollar triggered the weak exchange guarantee several times this month, and the HKMA has undertaken a total of nearly 27.8 billion Hong Kong dollars in selling. Last Thursday, the aggregate balance of the banking system fell to 492.3. In addition to showing that foreign investors lack confidence in Hong Kong's economic prospects, it also highlights Hong Kong's relations with the Mainland after the change of political destiny. As a result of integration, Hong Kong stocks fell for two days in a row, and the turnover was reduced to less than 100 billion yuan, which was the lowest turnover in more than two months. permanent It opened 17 points lower, with a maximum drop of 313 points, and finally fell 282 points or 1.37% to close at 20367 points. The consumer price index in Britain rose by 0.8% month by month in March, which is expected to rise by 0.5%. Although the annual rate dropped slightly compared with that in February, it still stood at 10.1% of both figures. In addition, the consumer price index in the euro zone rose by 0.9% month-on-month and 6.9% year-on-year, in line with market expectations, and the three major European stock markets continued to hover at a high level. Germany DAX index rose by 0.08%; The CAC index in Paris, France rose by 0.21, hitting a record high; Britain's FTSE 100 index fell 0.13%. British inflation data is high. Enterprises and investors are worried that the U.S. Federal Reserve may also extend the interest rate hike cycle. The yield rate of the 10-year U.S. Treasury bonds is above 3.6%, and the risk market lacks direction. Yesterday, the trend of the three major stock indexes on Wall Street continued to be divided. The Dow Jones index fell by 0.23%, the Standard & Poor's 500 index did not rise or fall, and the Nasdaq Composite Index rose by 0.03%. Inflation in Britain is higher than expected, and the market expects that the Bank of England will keep raising interest rates to curb inflation, and this forecast may also be extended to the United States United Nations Reserve. Worried about the interest rate hike cycle, after the British inflation data was released, the lowest price of gold was inserted to $1,969.3. At the same time as the US market, the international oil price plummeted, helping the price of gold to rise. Step by step to recover lost ground, and finally closed at $1994.8. The highest price of gold was $2008.3, which fell by $10.3 yesterday. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-19

April 19th Today's amplitude interval The BRICS countries trade in each other's legal national currencies, threatening the dominance of the US dollar in global transactions. Yesterday, it was announced that China's GDP is increasing. Speed, coupled with the weakening of housing data in the United States, the dollar fell, and the price of gold returned to the level of 2000 yuan, which is also the key to long and short struggles. Today's suggestion wave The range is from $1998 to $2018. The epidemic situation in the Mainland has become a thing of the past, and consumers have made profit and retaliated consumption, which has stimulated rapid economic growth. Yesterday, China announced the first quarter GDP, reaching. 4.5%, the growth is better than the market expectation, and it is the fastest growth in four quarters; However, the market is also concerned about the exposed social phenomena, including the polarization between the rich and the poor. Serious, youth employment rate, local government debt problems and the erratic economic policies of the central government lead to the outflow of foreign capital and so on. Hong Kong stocks rose and fell for three consecutive days. Cable, low opening and low closing. The Hang Seng Index opened 139 points lower, down 223 points at most, and finally closed at 20,650 points, down 131 points or 0.63%, and the turnover was reduced to HK$ 109.7 billion. The chief economist of the European Central Bank said that the credit problems in the European banking industry have eased some of the pressure due to the acquisition, and the data shows the supply of natural gas. The impact subsided and the price of natural gas fell, which helped to reduce the annual inflation rate. He added that the European Central Bank still needed to raise interest rates in May, but failed to determine the rate of increase. Europe The three major stock markets continued to hover at a high level, and the German DAX index rose by 0.52%; The CAC index in Paris, France rose by 0.47, hitting a record high; British FTSE 100 The index rose by 0.37%. Former US Treasury Secretary Summers expressed pessimism about the economic prospects. He said that because the Federal Reserve's monetary policy lags behind the situation, he predicted that the US economy will be in a year. The possibility of falling into recession reaches 70%. However, Brad, president of the Federal Reserve Bank of St. Louis, said that recent data showed that inflation remained high. The Federal Reserve should continue to raise interest rates; He also stressed that it seems that now is not the time to predict that the economy will fall into recession in the second half of this year. The three major stock indexes on Wall Street have different trends. Dow Jones index fell 0.03%, Standard & Poor's 500 index rose 0.08%, and Nasdaq composite index fell 0.04%. China's economic growth accelerated in the first quarter, which contributed to the prospect of dollarization in the BRICS countries. The dollar softened yesterday and returned to the level of 101 points. In addition, Last night, it was announced that in March, the number of building applications and new housing starts in the United States fell at the same time, indicating that rising interest rates inhibited the confidence of citizens in home ownership, and the price of gold rebounded, reaching 2000. Dollar mark, recovered, the lowest price of gold was 1991.3, the highest was 2011.9, and finally closed at 2005.1, up 10 dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-18

April 18th Today's amplitude interval The US economic data is good, coupled with Russia's increase in oil export tax and production reduction, stimulating oil prices and holding global inflation, investors are worried about the Fed again. In anticipation of continuing to raise interest rates in May, the US dollar returned to 102 level, and the price of gold fell under pressure, falling below 2,000 US dollars. The gold market remains weak, testing out in the middle of last month. Flag type, the position of the flag tip, that is, 1970 dollars into the next key support. Today's suggested volatility ranges from $1978 to $2003. Last Friday, a number of American banks announced their satisfactory results, which stimulated the Dow Jones index to rise, and also brought the Hong Kong financial sector to be popular yesterday, plus the mainland stock market. Rising, the Shanghai Composite Index hit a nine-month high, and a number of mainland brokerage stocks surged by 4% to 8%, making the investment atmosphere more prosperous, with turnover exceeding 13. 6.58 billion Hong Kong dollars, Hong Kong stocks rose for the third consecutive day, and finally the Hang Seng Index closed at 20,782 points, up 343 points or 1.68%. European stocks are in the wrong direction, and European stock markets are mixed. After the French stock market hit a high, French workers' demonstrations continued, reflecting that low-level workers could not invest in the market. Benefiting from prosperity is one of the reasons why Macron visited China. French President Macron said that it is observed that the country does not accept the ongoing System reform, commitment to improve the pension system, and willing to start talks with trade unions. The CAC index in Paris, France fell by 0.28%, and the DAX index in Germany fell by 0.11%; Britain's FTSE 100 index rose 0.11%. Last night, the United States released the new york Federal Reserve manufacturing index in April, and the National Association of Residential Builders released the American housing market index in April, both of which were based on data. Higher than market expectations, economic data boost market sentiment and benefit venture capital; Wall Street's three major stock indexes rose across the board, with the Dow Jones index up 0.3%, with the benchmark The Standard & Poor's 500 Index rose 0.34%, and the Nasdaq Composite Index rose 0.28%. Sanctions imposed by western countries to limit oil prices, Russia counterattacked, Russia and Russia Sri Lanka announced that it would raise the oil export tariff to $14.4 per ton from May 1. In addition, the Russian Ministry of Energy said that before 2025, Russia China's oil production will be cut by 500,000 barrels per day until 2025. According to its explanation, is Moscow this plan to increase the supply of oil reserves? Should be elastic; But experts believe that it is to make anti-sanctions against western countries. In fact, two major countries in Asia are willing to cooperate with Russia in Russian oil. When trading, there is no need to have no market to earn foreign exchange! The gold price continued to be under pressure after approaching the historical high. It had fallen below $2,000 in the early session of the market, and many bulls tried to oppose the jump. The highest price of gold was $2015.1. However, the high international crude oil price will continue to support global inflation, and the performance of US economic data last night was better than market expectations. The market again worried about the expectation that the Federal Reserve would continue to raise interest rates in May. After the release of two data, the US dollar returned to 102 level, and the gold price fell under pressure, with the lowest level. In February 1981, it finally closed at $1995.1, down $9.2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-17

April 17th Today's amplitude interval The tightening policy of the Federal Reserve has gradually achieved the effect of controlling inflation. Although there are still differences on the prospect analysis within the Federal Reserve, doves still dominate the tone. It is widely expected that the Federal Reserve will still raise interest rates by 25 points in May and start to cut interest rates later this year. The price of gold has never been two consecutive times in historical transactions. Last week, it stabilized at $2,000. Last week, it has made history. The pressure of gold price is still there. It is not advisable to lose the $2,000 mark, otherwise it may be important. A drop of more than $20 will support it. Today's suggested volatility ranges from $1988 to $2010. Inflation in the mainland slowed down, and the latest industrial producer price index in China fell for seven months in a row, while the consumer price index in March increased by 0.7% year-on-year, which was higher than market expectations. 1% is low; In addition, the mainland's new loans in March reached 3.89 trillion yuan, which was also higher than expected. In addition, the consumer price index announced by the United States fell earlier. The market expects that the Fed will end its interest rate hike after May this year, although Hong Kong stocks were once lost due to the news that major shareholders of technology giants reduced their holdings. The 20,000-point mark, but after a week, the Hang Seng Index rose 107 points or 0.53% to close at 20,438 points. In the past, China's big money went abroad to queue up to sweep famous brands. The luxury brand LVMH announced strong sales growth in the first quarter, with its share price soaring more than 5% and its market value exceeding. Last Friday, Hermes' performance rose by 23%, which helped its share price rise by nearly 1%, plus Bank of America. Announcing the ideal performance has also driven the European banking sector to rise, and the market is optimistic again. In addition, the European Central Bank may also reduce the interest rate hike, the three largest European banks. The stock market rose across the board, and the German DAX index rose by 0.16%; The CAC index in Paris, France rose 1.13% to a record high, while the FTSE 100 index in Britain rose 0.24%. Last week, many banks in the United States announced their satisfactory performance, but the US Department of Commerce announced that retail sales fell by more than 1% in March, which was greater than market expectations. The inflation data released earlier showed signs of slowing down, and investors were worried about the prospects. The three major stock indexes in new york developed separately last week, and the Dow Jones index was affected by bank stocks. Yang's share rose by 1.2%, the S&P 500 index fell by 0.58%, and the Nasdaq Composite Index fell by 0.01%. Non-agricultural data are released on good Friday every other week. Last Monday, the price of gold truthfully reflected that it fell below the $2,000 mark. However, with the signs of slowing inflation data and the easing of labor data, unemployed workers were invited for the first time. After rising for three weeks in a row, investors expect the Fed to end the interest rate hike cycle early, stimulating the gold price to break through this year's high, reaching as high as $2,048.8, and the gold price is in history. Trading has never been able to stabilize at $2,000 for two weeks in a row, and the selling pressure is very high. The price of gold fell below $2,000 again last Friday and finally reached 200. The market closed at $4.3, down $3.6 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

2023-04-14

April 14th Today's amplitude interval With the decline of inflation data in the United States, the labor data that Fed policymakers are most worried about also shows signs of slowing down. Investors look forward to the Fed's second quarter of this year. At the end of the interest rate hike cycle, the US dollar index fell to a two-month low, and the gold price soared, breaking through this year's high. The price of gold is less than 40 dollars from the historical high. The upward pressure is not light. If the gold price is close to $2,050, you can try to be short. Note that the price of gold has never stabilized for two consecutive weeks in historical trading. 2000 dollars upstairs, today is likely to make history. Today's suggested volatility ranges from $2022 to $2048. The United States announced that the consumer price index fell more than expected. The market expects the Federal Reserve to raise interest rates by 25 points in May, and then it will end its interest rate hike, but the United States According to the minutes of the Fed meeting, Fed officials expected a moderate recession in the US economy. As a result, US stocks fell as soon as possible, and Hong Kong stocks opened to follow the decline. It opened lower by more than 300 points, fell by more than 400 points at most, and fell below the 20,000-point mark. After that, the Hang Seng Index rose and finally closed at a full-day high, rising by 34 points. Or 0.17%, closed at 20344. Luxury brand LVMH announced strong sales growth in the first quarter, with its share price soaring more than 5% and market value exceeding 50 billion US dollars, and successfully squeezed into the top ten companies in the world. The market is optimistic again and again, and the European Central Bank may also tighten the interest rate hike. The three major European stock markets rose across the board, and the German DAX index rose by 0.16%. law China's CAC index in Paris rose 1.13% to a record high, while the FTSE 100 index in Britain rose 0.24%. With the decline of inflation data in the United States, Fed policymakers are most worried. Worried labor data also showed signs of slowing down. Yesterday, the number of people claiming unemployment benefits increased to 239,000 last week, more than the market expected, and investors looked forward to Midland. After the Reserve Bank will raise interest rates by 0.25% in May, it will end the interest rate hike cycle ahead of schedule. US stocks will open higher and close higher, with the Dow Jones index rising by 1.14% and the Standard & Poor's 500 index. It rose by 1.33%, and the Nasdaq Composite Index rose by 1.99%. The gold market undertook an early rise and hit a new high this year. US inflation data shows signs of slowing down, and investors are looking forward to the Fed ending the interest rate hike cycle early and stimulating money. The market continued to rise in Europe and Asia, and the labor data softened in the US market. In addition, the producer price index shrank month-on-month and the gold price soared. Straight up, it broke through this year's high, with a high of $2,048.8 and a low of $2,014.2, and finally closed at $2,040.5, up $25.5. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-13

April 13th Today's amplitude interval Investors bet that the consumer price index released by the United States last night will slow down and affect the attitude of Fed policy makers to raise interest rates. The price of gold is stable at 2,000 US dollars. Yuanlou. The market is digesting the pressure that the Federal Reserve will raise interest rates by 25 basis points in May. If the gold bulls can hold on to $2,000, they will surely step back to this year's high. Today's suggested volatility ranges from $2009 to $2028. Tencent's major shareholder deposited 96 million shares of Tencent in the form of physical shares in the Hong Kong Central Clearing System, indicating that preparations are being made for the share approval. Tencent's share price Yesterday, it plunged more than 5%, which was the biggest blue chip! In addition, Ba County, the investment flagship of the stock god Bi Feide, continued to reduce its holdings of BYD; Many large enterprises have been successively The reduction of shares by major shareholders affected the investment atmosphere. Hong Kong stocks opened lower and closed lower. The Hang Seng Index fell by 248 points at most, and the decline at the end of the market narrowed, eventually falling by 175 points or 0.86%. It closed at 20309 points. This morning, the media reported that Softbank sold most of its Alibaba shares by way of options. It seems that Hong Kong stocks are still running out of luck today! The United States announced that the consumer price index in March was lower than market expectations, which showed that inflation cooled faster than market expectations, and investors hoped that the Federal Reserve Bank would settle early. The last interest rate hike in the current interest rate hike cycle has boosted the market atmosphere. The three major European stock markets rose across the board, and the German DAX index rose by 0.31%. law CAC index in Paris rose by 0.09%, while FTSE 100 index in Britain rose by 0.5%. The United States released the consumer price index, and the latest annual data dropped to an increase of 5%. Below market expectations, US stocks rose first and then fell. The market expects inflation to slow down, which is conducive to the Fed's early completion of the interest rate hike cycle. US stocks opened higher, but the Fed's meeting was held. It should be mentioned that Fed officials expect a moderate recession in the US economy, with the three major stock indexes on Wall Street falling, the Dow Jones index falling 0.11% and the Standard & Poor's 500. The index fell by 0.41%, and the Nasdaq Composite Index fell by 0.85%. Investors bet that the consumer price index released by the United States last night will slow down and affect the attitude of Fed policy makers to raise interest rates. The price of gold is stable at $2,000. Upstairs. After the US consumer price index was released, the price of gold fluctuated greatly, soaring to a daily high of $2,028.4, but once plunged to $2,001.2. It finally closed at $2015, up $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

2023-04-12

On April 12th Today's range The market was focused on U.S. inflation data and comments from three Federal Reserve committee members that may indicate the Fed has seen a gradual approach to rate hikes In effect, none of their rhetoric is hawkish; So tonight's US consumer price index will be decisive. Today's recommendation ranges from Usd 1993 to USD 2015. Hong Kong stocks returned from Easter holiday gas storage rebound more than 100 points. Inflation has slowed on the mainland, with producer prices yesterday falling for a seventh straight month, The consumer price index rose 0.7 percent year on year in March, lower than market expectations of 1 percent. New loans on the mainland reached 3.89 trillion yuan in March, Also higher than expected; In addition, the mainland real estate recovery, housing stocks have seen a long time to see the uptrend, the above news is good for Hong Kong stocks, Hang Seng opened 235 points higher, Gains pared to close at 20,485, up 154 points or 0.76 percent. The International Monetary Fund, which forecasts UK inflation, said it would average 6.8% this year, down from 9.1% in 2022 The economic shock. Separately, the Bank of England said it expects slight growth in the second quarter after a slight contraction in the first quarter. Top three European stocks Across the board, Germany's DAX rose 0.37%; France's CAC index in Paris rose 0.89 percent and Britain's FTSE 100 rose 0.52 percent. Market focus on US Us stocks lacked clear direction last night after today's consumer price index. Investors took advantage of the latest strength in the U.S. job market, plus oil group countries Rising global oil prices, driven by domestic output cuts, could put pressure on policymakers at the Federal Reserve, but Fed officials are reserved and investors are wary Be careful to enter the market; On Wall Street, the Dow was up 0.29 percent, the S&P 500 was up 0.01 percent and the Nasdaq was up 0.01 percent It was down 0.43%. The Fed appeared dovish, with three committee members speaking separately, including Williams, who said policy had reached its limit and that U.S. inflation was likely to be gradual this year Falling back to 3.75 per cent and then to 2 per cent by 2025, with at least one more rate rise, is still a reasonable level, but will be needed if inflation falls, he added To cut interest rates. Goolsbee, another official, said the Fed had dealt with the impact of 25 to 75 rate hikes in response to recent banking problems Rate hikes remain cautious. Philadelphia Fed President Patrick Harker, on the other hand, said data-driven decisions must be carefully avoided. beauty The dollar index came off its highs and gold was back above the $2,000 level, trading as high as $2,007.5 before closing at $2,003.6, up $12.4. For detailed analysis and suggestions, please CLICK the following link to join the group and contact the administrator https://t.me/mingtak

2023-04-11

April 11th Today's amplitude interval Non-agricultural data boosted the dollar, and the bulls failed to counterattack, and the gold market fell below $2,000. The Federal Reserve of new york issued a report that the inflation rate of the United States in the coming year is expected to be from It rose to 4.7% for the first time since October last year; The market expects that the probability that the United States will raise interest rates by 25 points next month will rise by nearly 70%, and the gold market will continue to be under pressure, but it is expected that There was strong support in 1973. Today's suggested volatility ranges from $1,981 to $2,000. Hong kong stocks revive, save holidays and close. Several major European stock markets were also closed for the Easter holiday. Malpas, President of the World Bank, predicted that the GDP of the United States will increase by 1.2% this year, lower than the 2.1% in 2022, and the US stock market will open lower. On the other hand, The size of the US federal housing loan banking system's debt issuance in the week at the end of last month dropped by 85% to $37 billion, significantly lower than the 304 billion a week earlier. Dollar, indicating that the banking crisis has eased; The three major stock indexes on Wall Street eventually developed individually, with the Dow Jones index rising 0.3% and the Standard & Poor's 500 index rising 0.1%. The Nasdaq Composite Index fell by 0.03%. Last Friday, during the Good Friday holiday, the United States was closed, but the non-agricultural data were released on time that day, and the digital performance exceeded market expectations, which was reflected by the opening of the gold market. A disadvantage, fell below the psychological barrier of $2000. Non-agricultural data boosted the dollar, and the gold market was pressed below $2,000 most of the time, and the bulls counterattacked. Weak, the lowest price of gold was $1981.7, which closed at $1991.2, down $16.7. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-10

April 10th Today's amplitude interval Last Friday, during the Good Friday holiday, the United States was closed, but the non-agricultural data were released on time on the same day, and the digital performance exceeded market expectations. It is expected that the gold market will be today. Early reaction to this unfavorable factor will hit the psychological barrier of $2,000. Today's suggested volatility ranges from $1988 to $2007. Saudi Arabia and Russia took the lead in reducing production, and the price of crude oil rose sharply. Investors were afraid that global inflation would worsen and hit the global economy. On the other hand, China announced that Caixin manufacturing purchasing managers' index was better than the market expectation, and the market was divided. Coupled with the Qingming and Easter holidays, investors were unwilling to fight. The Hong Kong stock market was so weak that it struggled to fall. In one week, the Hang Seng Index closed at 20,331 points, with a cumulative decline of 69 points or 0.34%. Consumers in the euro zone lowered their inflation expectations in February, and held a more optimistic view on economic growth and unemployment rate. The market expects the European Central Bank to end its increase this year. Interest period. In terms of data, Germany's service purchasing managers' index reported 53.7 in March, close to a one-year high, allowing the German stock market to outperform other European stock markets. In a week's valuation, the three major European stock markets developed separately, and the German DAX index fell by 0.2%; The CAC index in Paris, France, rose slightly by 0.03%, while the FTSE index in Britain was 100. The index rose by 1.44%. After the number of job vacancies in the United States fell below 10 million, another labor data also deteriorated seriously; ADP employment data, known as small non-agricultural data, was worse than expected. In March, the number only increased by 145,000, which was only less than 70% of the expected number in the market. In addition, the International Monetary Fund warned that the global economic growth was weak, and US stocks revived. Before the holiday, the three major stock indexes on Wall Street developed separately, with the Dow Jones index rising by 0.63%, the Standard & Poor's 500 index rising by 0.2% and the Nasdaq Composite Index. It fell by 0.83%. The performance of American labor data is worse than market expectations, and the number of job vacancies in the United States has dropped below 10 million, which is the first time since 2021. Another labor data. It is also seriously poor; ADP employment data, known as small non-agricultural data, was worse than expected. In March, the number only increased by 145,000, which was significantly lower than the expected 210,000. gold market With the weak labor data hitting a new high this year, the highest price of gold rose to US$ 2,032.1, and the lowest price of gold reached US$ 1,949.8, closing at US$ 2007.9 in a week. Up $38.6. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-06

April 6 Today's amplitude interval After the low number of job vacancies in the United States, another labor data has also deteriorated seriously. After the gold market hit a high this year, it was a bit lonely. Yesterday, The day can only be flat. The price of gold is rising too fast, so it is necessary to hold the psychological barrier of $2,000 for the time being and still sell high as the main strategy. Today's suggested volatility is $2005. To 2025 dollars. Tomb-Sweeping Day stocks were closed yesterday. Boris, governor of Croatia's central bank and member of the ECB's management Committee, said that the biggest part of the ECB's interest rate hike cycle has passed, but the central bank can still It may be necessary to raise interest rates further to cope with core inflation. The market expects the European Central Bank to end the interest rate hike cycle this year; In terms of data, Germany's service industry purchasing manager in March The index reported 53.7, close to a one-year high, which made the German stock market outperform other European stock markets, and the German DAX index rose by 0.53%. CAC index in Paris, France is slight. It fell by 0.39% and the FTSE 100 index rose by 0.34%.   Small non-agricultural data were released, and the March figures were unexpectedly far lower than market expectations. The market was worried that the US economy might enter a deep recession and the investment atmosphere was weak. The three major stock indexes on Wall Street developed individually, with the Dow Jones index up 0.24, the Standard & Poor's 500 index down 0.46% and the Nasdaq Composite Index down 1.07%. Following the United States The number of job vacancies has dropped below 10 million for the first time since 2021, and another labor data is also seriously poor; ADP, which is known as small non-agricultural data last night, just The industry data was worse than expected, and the number in March only increased by 145,000, which was significantly lower than the expected 210,000. After hitting a new high this year, the gold price was unsustainable, and the highest price rose to. At $2032.1, a large number of profit-taking discs pushed the gold price to $2010.1, and finally closed at $2025.7, up $0.2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2023-04-05

On April 5th Today's range The market closed on US labor data, the number of job openings in the US fell below 10 million for the first time in 2021, adding to market expectations of a deep recession in the US, gold broke through the $2000 barrier, tonight's small non-farm data will add fuel to the fire or cold water, it is not clear, but gold rally too fast, can see high short. Today's advice ranges from $2000 to $2028. Tomb-sweeping day has not arrived, Hong Kong stocks yesterday first kneel down, end five consecutive rise. Ratings agency Fitch said recent frequent debt restructurings by mainland property companies, mostly to roll over their debt rather than more sustainable restructurings, ultimately failed to improve business conditions and questioning their cash flow situation remained a threat to their survival. Hong Kong-listed residential stocks fell between 1 and 8 per cent, with the Hang Seng Index opening 44 points lower and falling more and more to close at 20, 274, down 134 points or 0.66 per cent. Oil prices fell slightly yesterday as investors turned their attention to the impact of an early surge in crude oil prices caused by Opec's alliance with Russia to cut production. Separately, an ECB survey showed that eurozone consumers cut their inflation expectations in February and took a more optimistic view of growth and unemployment; The three major European markets again diverged, with Germany's DAX up 0.14%; France's CAC index in Paris was down slightly by 0.01%, while Britain's FTSE 100 was down 0.48%. Bank shares took a hit after jpmorgan Chase Chief Executive Jamie Dimon warned in a letter to shareholders that the US banking crisis was continuing and its effects would last for years. The S&P bank index fell more than 2 percent yesterday, underperforming the broader market, while the three major indexes on Wall Street developed separately, with the Dow down 0.59 percent, the S&P 500 down 0.58 percent and the Nasdaq Composite down 0.52 percent. Job openings in the US came out last night, with the latest data showing a lower-than-expected drop to 9.93 million from 10.5 million in the previous month, and the number falling below 10 million for the first time since 2021, amid expectations that the economy is cooling, heightening fears that the Fed's campaign to rein in decades of high inflation could lead to a deep recession; Gold quickly broke through the $2,000 mark after the data came out and traded as high as $2,025. Gold went as low as $1,977 before closing at $2,025.5, up $36.1. For detailed analysis and suggestions, please CLICK the following link to join the group and contact the administrator https://t.me/mingtak