Gold market analysis

2022-07-21

July 21st Today's amplitude range It is predicted that the probability that the European Central Bank will raise interest rate by half a percentage point today will rise to 60%, while the market expects that the Federal Reserve will raise interest rate by 0.75% next week, and the US dollar index will rise above 107 again. Level, the price of gold fell below the closing price of $1,700, which is the first time since March 21, 2021, indicating that the gold market is in a weak position. Strategically, it is not optimistic about the market outlook, but only speculating in Europe. The announcement of interest rate hike by the central bank tonight is expected to temporarily pull down the US dollar index and increase the chances of gold price rising. The price of gold has reached the suggested price of long positions, and the market participants should buckle up safely. With, make good corrosion stop position, ready to meet the roller coaster. Today's suggested volatility is $1,688 to $1,714. The European and American stock markets did well the next day, and Hong Kong stocks opened higher and closed higher yesterday. As American companies announced their satisfactory performance, the three major indexes on Wall Street rose by more than 2%, and the Hang Seng Index opened nearly 300 points. Up to 450 points, but the uncompleted residential flats in the mainland continued to get angry, which held the market back again. Some suppliers of Evergrande said that they would stop repaying bank loans to protest Evergrande's default. Money, join the ranks of owners of uncompleted residential flats to cut off supply. Interior shares underperformed the market yesterday, falling by 1 to 2%; Hang Seng Index closed at 20,890 points, up 229 points or 1.11%, and the market turnover was 89.3 billion yuan. Less than 90 billion yuan for two consecutive days is two, and the market outlook is bearish. Russian President Vladimir Putin said that Beixi No.1 will resume gas supply after its annual inspection, but he warned that if the required parts could not be shipped to Russia due to sanctions, the supply would drop sharply. Only 20% of the original. The decrease of natural gas supply aggravates market worries, because once the normal supply is lost, the European economy has the opportunity to fall into recession; The EU responded in response to In view of the threat of interrupting Russia's natural gas supply, the EU suggests that member states voluntarily reduce the use of natural gas by 15% from next month. The economic crisis ended the three major European stock markets. After rising for three consecutive days, Germany's DAX index fell by 0.21%; Paris CAC index fell by 0.27%; Britain's FTSE 100 index fell 0.41%. Entering the US performance announcement period, many large enterprises announced their ideal performance as soon as possible, and the market reported that Tesla's performance in the second quarter was better than expected, because Tesla founder Mas Dick raised the price of Tesla Motors, got rid of the pressure of production reduction in Shanghai factory due to epidemic situation, and the U.S. stocks were stable in the early stage. In fact, Tesla announced the adjusted profit per share. $2.27, better than the market's general expectation of $1.81, reversing the three major Wall Street indexes rising for two consecutive days, with the Dow Jones index rising by 0.16%; The S&P 500 index rose 0.58%; accept The Nasdaq Composite Index rose by 1.58%. In June, the sales of existing homes in the United States fell to the lowest level in two years, with the latest figure of 5.12 million, highlighting the rising borrowing costs after the interest rate hike by the Federal Reserve, which hurt home buyers. Affordability; Investors expect next week's interest rate meeting of the Federal Reserve Board to announce a 0.75% interest rate increase. The interest rate increase budget will heat up the US dollar again, and the US dollar index will return to 107 level, and the gold price will rise. It closed below $1,700, with the highest gold price at $1,714.5 and the lowest at $1,692.5, and finally closed at $1,696.8, down by $14.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-20

July 20th Today's amplitude range It is predicted that the probability that the European Central Bank will consider raising interest rate by half a percentage point on Thursday will rise to 60%, the US dollar index will fall again, and the price of gold will rise slightly for two consecutive days. Yesterday, the new york stock market Rising sharply, the Federal Reserve has more bullets to prevent the crisis that the interest rate hike will lead to recession. The expectation of a "sharp" interest rate hike still holds the gold market back, but in the European Central Bank (ECB), it is clear that The announcement of the interest rate hike on July 1 is expected to temporarily pull down the US dollar index, increase the chances of gold price rising, and still adhere to the recent strategy. Once the gold price falls below $1,700, it is worth opening a position. Hold, stop the erosion with 1688, and beat 20 to 40 dollars with 10 dollars, with extremely high value beat rate. Continue to maintain the recommended volatility of $1,698 to $1,722 on Monday. Moody's, a credit rating agency, commented on the collective failure of the owners of uncompleted residential flats in the Mainland. The report said that although the mortgage loans involved in the shutdown of real estate only accounted for a small proportion of the total balance of bank mortgage loans. A small part, but because mainland real estate developers are still facing financing difficulties, once the group of owners who are out of supply is expanded, it will have the opportunity to damage the domestic banking system and directly affect the interior rooms. The credit rating of real estate developers makes financing more difficult. Fitch, another rating agency, believes that the uncompleted residential flats incident affects the confidence of home buyers and will inevitably delay the domestic real estate market. The recovery of the market has made the developers worse. Hong Kong stocks opened lower and closed lower yesterday. The Ministry of Public Information of the Mainland said that it would further strengthen Internet security supervision and law enforcement, and the pressure on new economic stocks dragged down the overall market, plus The two rating agencies respectively pointed out that there was still a thunder crisis in mainland real estate. The Hang Seng Index opened lower by 126 points, and fell by nearly 300 points at most. The decline in the tail market narrowed, and finally closed down by 185 points. 0661 points. In addition, yesterday's market turnover was further reduced to less than 84 billion yuan, the lowest turnover in two and a half months. Gazprom's early development Message, indicating that due to special circumstances, the supply of natural gas can not be guaranteed. Receiving such a "threatening" message before the coming of winter has aggravated the fear of fuel shortage in Europe. But yesterday, the market reported that Russia's gas pipeline "Beixi No.1" will resume gas transmission to Europe on Thursday as originally planned. Stimulating the market atmosphere, the three major European stock markets rose for three days in a row, then rose by more than 2% yesterday, and the German DAX index rose by 0.76%; Paris CAC index rose by 0.93%; British FTSE The 100 index rose by 1.03%. The United States entered the performance announcement period, and many large enterprises announced that their performance was satisfactory. They were originally worried about a sharp interest rate increase with the Federal Reserve in the face of worsening inflation. Under the attack, it will affect the performance of corporate profits; However, the fact proved that this was not the case, and the market atmosphere became positive, reversing the early decline of the three major indexes on Wall Street and rebounding by more than 2%, saying Jones index rose by 2.43%; The S&P 500 index rose 2.76%; The Nasdaq Composite Index rose 3.1%. Eurostat announced that due to soaring energy prices, the inflation rate in the euro zone in June increased by 8.6% year-on-year, the highest ever. After that, the market predicted that the European Central Bank would take the test on Thursday. The probability of raising interest rate by half a percentage point rose to 60%, and the US dollar index softened again, falling to around 106.5, with the highest gold price of 1718.5 yuan. However, the stock market atmosphere was good, weakening the demand for safe haven, and making The increase of the gold market narrowed, with the lowest price of gold reaching 1705.4 yuan, and finally closing at 1711.6 dollars, up by 1.7 dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-19

July 19th Today's amplitude range The market lowered the Fed's expectation of a "sharp" interest rate hike in July, and the US dollar index fell below the 108 mark. The gold market once rose to $1,824 yesterday, but it was obviously subject to $1,822. The European Central Bank announced the interest rate hike on the 22nd of this month, which is expected to temporarily pull down the US dollar index, increase the chances of gold price rising, and still maintain yesterday's strategy. Once the gold price falls below 1700 US dollars. It's worth opening a position to hold $1,688 to stop the erosion, and $10 to $20 to $40, which is a very high value rate. Today, it also maintains the recommended volatility of $1,698 to $1,722 yesterday. The fear that the US Federal Reserve may raise interest rate by 1% this month has dropped. In addition, when the owners of uncompleted residential flats in the Mainland have collectively cut off their supply, it is reported that the mainland authorities are studying the property failure. The buyers who stop paying the mortgage at the end provide a buffer period to alleviate the risk of the explosion of the premises spreading to other banks; The mainland tried to dismantle the bomb for the uncompleted residential flats, to prevent the financial market Injury, the HSI opened higher and closed higher, and finally rose by 548 points or 2.7% to close at 20846 points. However, the Hong Kong Monetary Authority once again purchased HK$ 8.07 billion to defend the linked exchange rate system, showing funds Continued outflow, there is still resistance at 21,000 points. Gazprom issued an open letter to European customers, saying that due to "special" circumstances, they could not guarantee the supply of natural gas. Come in winter. Before receiving this kind of "intimidation" message, this will aggravate the fear of fuel shortage in Europe. Basic resource stocks led the European market, and the DAX index in Germany rose by 0.76%; Paris CAC The index rose by 0.93%; Britain's FTSE 100 index rose by 1.03%. Although the recent inflation data of the United States is still higher than expected, there are already signs that higher price trends are beginning to ease, including the United States. China's housing prices, and a number of enterprises to stop hiring, and even carry out plans to restructure the number of employees, this phenomenon has bought the Federal Reserve more time to observe the backward trend of inflation, and the market is expected to be 7. The probability of a large rate hike of 100 basis points per month dropped from 80% in the survey last week to less than 40%. The Federal Reserve's attitude of raising interest rates suffered a lot from American bank stocks, and the market ended sharply, dragging down the Wall Street stock market, and the Dow Jones index fell by 0.69%. The S&P 500 index fell 0.87%; accept The Nasdaq Composite Index fell 0.81%. Last week, the US economic data performed well, especially the growth of non-agricultural employment data was much better than expected; US White House economic adviser Lianbo said that nearly The trend of American economic data is excellent, and there is no relation between employment and other data and the adjective recession, and it is said that a strong dollar will help the United States ease the inflation crisis. News appears Later, the gold market suffered a head-on blow during the rebound. The lowest price of gold was 1706.1 yuan, and the highest price was 1724 yuan. Finally, it closed at 1709.9 dollars, only rising by 2.4 dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-18

July 18th Today's amplitude range The weekly chart of gold price has been falling for five consecutive days. Last week, it even fell for five days. It once fell below $1,700. The gold price has entered a bear market, and it will remain weak under a strong dollar. However, there is always a chance that the long decline will rebound, and the European Central Bank will announce a rate hike next week, which is expected to temporarily pull down the US dollar index, and the gold price will rebound next week. Opportunities have increased greatly. Once it falls below $1,700, it's worth opening the position. Stop the loss with $1,688, and fight for $20 to $40 with $10. The value beat rate is extremely high. Today's suggested volatility is 1698 US dollars. To $1,722. Affected by the repeated outbreaks in the Mainland, China's GDP growth slowed down significantly in the second quarter, rising by only 0.4% year-on-year, which was lower than the market's expected growth of 1%, plus investment. Worried that the global economy is going into recession, global stock markets are generally falling, and Hong Kong stocks are unavoidable. In addition, the owners of uncompleted residential flats in the Mainland plan to organize a collective supply cut-off plan, forcing the provincial and municipal governments to When the government solved the problem, the domestic bank immediately became an arrow target, and the investment atmosphere was even worse. The Hong Kong stock market underperformed the global stock market. In a week, the Hang Seng Index plunged for five trading days. 128 points or 6.57%, closing at 20297 points. The COVID-19 epidemic in China is on the rise. Investors are worried that the global economy will enter recession, and the international oil price will drop by water. For a time, the U.S. oil futures price once fell to the edge of $90, and the oil price plummeted. It is also affected by the investment atmosphere in the market, and the Bank of Canada has made heavy efforts to manage inflation. Last Wednesday, it announced a 1% interest rate increase, which made the risk market worse. Three major European stock markets In the end, the DAX index of Germany fell by 1.16%. Britain's FTSE 100 index fell by 0.52%, while Paris's CAC index rose slightly by 0.05%. Fed's interest rate hike Deeply concerned by the market, Bostic, an official of the Federal Reserve, said last Monday that he was confident that the economy could bear higher interest rates and supported another 0.75% interest rate increase in July. U.S. stocks fell due to interest rate hike, and then Canada raised interest rate by 100 points. After that, the decline of U.S. stocks deepened, and two more senior Federal Reserve officials came out to cool down the panic of interest rate hike. Federal Reserve Waller and Brad respectively indicated that they would support a 0.75% interest rate increase in July, and explained that unless inflation is very strong, there is no urgency to raise the interest rate by 1% in July. The Wall Street stock market The weekly decline narrowed, and the Dow Jones index fell by 0.16%; The S&P 500 index fell 1.01%; The Nasdaq Composite Index fell by 1.17%. Last week's performance of US economic data Think, In particular, the growth of non-agricultural employment data is much better than expected. Compared with the recession crisis that Europe is facing, the US dollar has become the best hedging tool, and Canada has raised interest rates by 100% in a big way. After the idea, the bond market reflected that the opportunity for the United States to raise interest rates by 100 points in July greatly increased, and the upside-down degree of US long-term and short-term Treasury yields widened to the highest level since 2000, the US dollar The index once rose above the 109-point mark, and the gold market was completely under pressure. Last week, it fell for five days, with the lowest gold price reaching 1697.7 yuan, the highest gold price reaching 1745.4 yuan, and finally reaching 1707.5 dollars. After closing for a week, the price of gold fell by $34.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-15

July 15th Today's amplitude range Investors are expected to announce a 0.75% interest rate hike as the lower limit at the Federal Reserve meeting in the last week of July. The expected rate hike has made the US dollar popular, and the US dollar index once rose above 109 points, and the gold market. At worst, it once fell below $1,700, and then two Fed officials came out to express their support for raising interest rates by 0.75% in July. The price of gold rebounded slightly, indicating that the price of gold was lower than that of $1,700. Big support. However, the price of gold is still subject to the Fed's interest rate hike in the short term. Today, it is suggested that the volatility should range from $1,700 to $1,716. The risk of the market is subject to the expectation that the United States Federal Reserve will raise interest rates by one percent. On Wednesday, after the United States announced that inflation hit a new high of more than 40 years in June, the Bank of Canada also announced a rate hike. 1%, the news scattered European and American stock markets; Yesterday, Hong Kong stocks were repeatedly soft. Domestic banks continued to be attacked due to the collective blackout, falling by nearly 1% to 8%. The Hang Seng Index finally fell by 46 points or 0.22%. It closed at 20751 points. The international crude oil price plummeted, and the US oil futures once fell to the edge of 90 USD, indicating that the market continues to worry about the global recession, and the oil usage is expected to fall, plus The Bank of Canada took a heavy hand in managing inflation, and the announcement of a 1% interest rate increase on Wednesday was still fermenting. The three major European stock markets all fell by more than 1%, and the German DAX index fell by 1.86%. Paris CAC index fell by 1.41%; Britain's FTSE 100 index fell by 1.63%. Investors were worried that the Federal Reserve would raise interest rates by 100 points at the interest rate meeting at the end of July, and the US stock market opened down by more than 1%. Later, some senior officials of the Federal Reserve panicked about raising interest rates, and the Federal Reserve Waller and Brad respectively indicated that they would support a 0.75% interest rate increase in July, and said that unless inflation is very strong, there is no urgency to raise the interest rate by 1% in July, and the U.S. stock market will eventually fall. Slow, the Dow Jones index fell 0.46%; The S&P 500 index fell 0.3%; The Nasdaq Composite Index fell 0.03%. With Canada raising interest rates by 100 points, the market has accepted the fact that the Federal Reserve will raise interest rates substantially. Investors are expected to announce the increase at the Federal Reserve meeting in the last week of July. The interest rate of 0.75% is the lower limit. The budget of raising interest rates makes the US dollar hot and the best safe-haven asset in the financial market. The US dollar index once broke through the 109 mark, while the gold market was completely under pressure, which is the lowest. 1697.7 yuan, although two US Federal Reserve officials later expressed support for a 0.75% interest rate hike in July, explaining that there was no urgency for a more radical interest rate hike. The dollar softened and the gold price fell. Narrow, and finally closed at $1,710, down $25.7. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-14

July 14th Today's amplitude range Inflation in the United States has peaked again, and the market has accepted the fact that the Federal Reserve will raise interest rates by a large margin. Unexpectedly, the Bank of Canada is more eagle to raise interest rates by 100 points, and the market The probability of the Fed's imitation is greatly increased. The price of gold once dropped to $1,707, but then it rebounded rapidly, indicating that the price of gold has great support at $1,700. Short-term gold price still Subject to the strength of the Fed's interest rate hike, today's suggested volatility ranges from $1,722 to $1,740. The mainland announced the total value of trade import and export in the first half of this year, with a figure of 19.8 trillion yuan, a year-on-year increase of 9.4%, which reduced the negative impact of the epidemic situation in the mainland. Emotionally, after the Hong Kong stock market opened 66 points higher, it rose nearly 200 points at most. However, there is a rumor in the mainland that the owners of uncompleted residential flats want to arouse the attention of the state, and they plan to organize a collective cut-off plan to force the provincial and municipal governments. Solve the problem, but only one Evergrande has a debt of 2 trillion RMB. Who dares to take this hot potato? Silver immediately became an arrow target, which also caused the Hang Seng Index to fall and close. Hang Seng Index Finally, it fell 46 points or 0.22% to close at 20,797 points. The inflation rate in the United States rose through 9% every year, breaking the 40-year high, and the market was already buzzing, but unexpectedly, the Bank of Canada unexpectedly announced a 1% interest rate increase, which is a good example. Worried that the Federal Reserve will follow in the footsteps of the Bank of Canada, the three major European stock markets all fell, and the German DAX index fell by 1.17%; Paris CAC index fell by 0.73%; Britain The FTSE 100 index fell 0.75%. The consumer price index (CPI) of the United States was released last night, with a year-on-year increase of 9.1%. The market has confirmed that the Federal Reserve will raise interest rates more aggressively, but it is even more shocking. It was the Bank of Canada that performed even better, announcing a 1% interest rate increase to lower inflation. The US interest rate futures market immediately responded, showing the possibility of the Federal Reserve raising interest rates by 100 points in July. Big increase, the three major indexes of Wall Street ended up falling across the board, and the Dow Jones index fell by 0.67%; The S&P 500 index fell 0.45%; The Nasdaq Composite Index fell 0.15%. Inflation in the United States has peaked again, and the market has accepted the fact that the Federal Reserve will raise interest rates substantially. There is a bold move by the Bank of Canada as a precedent, and the bond market reflects that the United States raised interest rates in July. The chance of 100 points has greatly increased, and the upside-down rate of US long-term and short-term treasury bonds has widened to the highest level since 2000. The gold market fluctuated sharply yesterday. After the inflation data was released, the price of gold Immediately, the lowest price was $1,707.2. After that, the U.S. dollar index dropped from a high level, and the gold price rebounded sharply, reaching a high of $1,744.3, and finally closed at $1,735.7, up by $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

2022-07-13

July 13th Today's amplitude range Investors' expectations for the global economy have deteriorated, crude oil has plummeted, and the US dollar has become the best hedge tool. The US dollar continues to hover at a high level, with the US dollar index reaching a maximum of 108.56 points yesterday. Approaching the 20-year high, the gold market has also fallen to the dangerous edge. Once it falls below the 1720 mark, it has the opportunity to test the support of $1,680. False labor department bulletin in the United States According to the report, inflation peaked again on a monthly basis, increasing by 1.7% on a monthly basis. Although the official rumors came out, false news has pushed the US stock market; And today's focus is the real American Express. According to the report, the market also expects the consumer price index to rise month by month. Today, the suggested volatility is $1,718 to $1,735. There are 347 new cases of local infection of coronavirus in the Mainland, among which Guangdong Province is the most severe. The number of new cases in a single day for three consecutive days is the highest among all provinces and cities in China. Earlier, Shanghai, which has been closed for two months, also shows signs of rebound. Investors are worried that the variant virus will wreak havoc in the world again, and the epidemic containment measures will once again constitute the global supply chain. Problems are bound to push up inflation and trigger a national economic recession. Shanghai and Shenzhen stocks fell more than 1%, and Hong Kong stocks also fell. Hang Seng Index opened 219 points lower, and then its decline narrowed to 40: 00, but the decline of the mainland stock market intensified. The Hang Seng Index finally fell below 21,000 points to close at 20,844 points, down 279 points or 1.3%. The epidemic situation in COVID-19 is on the rise in China, investors are worried that the economy is growing into a recession, international oil prices are dropping, and U.S. oil futures are falling below $96 a barrel. Affected by the market atmosphere, European stock markets opened down. As the euro is getting closer to the exchange rate of 1 to 1 against the US dollar, the market expects that the weak euro situation will be beneficial to the export competition of European enterprises, the three major European stocks The market turned up and closed, and the German DAX index rose by 0.5%; Paris CAC index rose by 0.81%; Britain's FTSE 100 index rose 0.14%. Investors' expectations for the global economy have deteriorated, Weakened the atmosphere of venture capital, and social media circulated an inflation report of the U.S. Department of Labor in June yesterday, which indicated that the consumer price index of the U.S. increased by 1.7% month by month. The news shocked the market in a big way. Although the U.S. Department of Labor later came out to refute the rumor, and made it clear that the document was forged and the contents were untrue, the three major indexes of Wall Street still fell across the board. Dow Jones index fell 0.62%; The S&P 500 index fell 0.92%; The Nasdaq Composite Index fell 0.95%. The market is worried that the epidemic situation in China will expand, and the global supply chain will break again, which will lead to economic recession and reduce the demand for crude oil. Oil prices have plummeted by more than 7%, and the US dollar has become the best. As a hedge tool, the US dollar continues to hover at a high level. The US dollar index reached a maximum of 108.56 points yesterday, approaching a 20-year high. The gold market is still under pressure, and the gold price reached a maximum of 1744.3 USD. See the lowest price of $1723.7, and finally close at $1726.2, down by $7.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-12

July 12th Today's amplitude range Another US Federal Reserve official predicted that the US economy would not be hard hit by the interest rate hike, and supported another interest rate hike of 0.75% in July, although the European Central Bank would also start. In the early interest rate hike cycle, the US dollar still dominates the interest rate spread. In the volatile market conditions, the US dollar has become the best hedging tool, and the US dollar index has risen above 108 points, approaching a 20-year high. According to the record, it is expected that the US dollar will still hover at a high level, and the downward pressure on the gold price is still there. This week's focus is on the inflation trend in the United States. Today's suggested volatility is $1,722 to $1,740. Dollars. The number of people infected with the virus in Macao continues to rise. The Macao government, which aims at zero clearance, announced on Sunday that it would immediately launch the 7th round of national nucleic acid testing, and on Monday, it would suspend all non-. Necessary industrial and commercial activities for 7 days, including casinos. Although the Macao government stressed that it was not a city closure, it banned citizens from staying at home unless necessary, and the whole Macao stopped. Industrial and commercial activities, only a few commercial activities such as subsistence and transportation, are essentially the same as closing the city! On the other hand, Hong Kong's epidemic prevention policy is gradually approaching the mainland, with new doctors. The Secretary for Health, Lu Chongmao, revealed to the media that he was studying to "travel with peace of mind" in real-name registration system, and adding "red, yellow and green codes" as in the Mainland to restrict the travel of confirmed patients. And the whereabouts of relevant quarantine personnel. Although the Secretary explained that health code collection is only for the convenience of law enforcement, it is not to track down individuals. However, the public is still worried that the information will be misused, and it will become like the mainland to control people's exit. With a new tool, Hong Kong people may become unable to move for different reasons. The reason for the epidemic, gambling stocks and mainland catering stocks, plus the mainland government issuing fines to online enterprises, The performance of the three sectors was worse than the overall market, falling by 5% to 8%! Yesterday, Hong Kong stocks opened lower by 255 points, with the worst drop of 724 points. The Hang Seng Index went down after seeing a low of 21,001 points, but it still fell at the close. Fell 601 points or 2.77% to close at 21,124 points. Due to the situation in Russia and Ukraine, Europe is facing the crisis of recession, but inflation continues to deteriorate, which seems to be gradually stagflation. The European Central Bank is also faced with the dilemma of raising interest rates. Situation, although the intention of raising interest rates early is obvious, it is most likely to raise interest rates by testing the water temperature. The market expects the first rate increase to be only 0.25%. Although the rate hike is relative to The United States is still moderate, but its policy is also tightened. The three major European stock markets parted ways, and the German DAX index fell by 1.4%. Paris CAC index fell by 0.61%; Be forced Although the British Prime Minister Johnson resigned, he promised to be the caretaker prime minister until a new prime minister was elected, which temporarily stabilized the political situation in Britain, and the FTSE 100 index in Britain. Close to flat, up 0.01%. Bostic said that he is confident that the economy can bear higher interest rates, and the goal is to raise the neutral interest rate. He revealed that the neutral interest rate in his mind is 3%, and he supports In July, the interest rate increased by 0.75% again. A number of Fed officials voted for a 75-point interest rate increase, and the market also raised the probability of another 0.75% interest rate increase in July to over 90%. There are investments. Deploying cash as the king strategy, the three major indexes of Wall Street fell across the board, and the Dow Jones index fell by 0.52%; The S&P 500 index fell by 1.17%; The Nasdaq Composite Index fell 2.26. %。 Last week, the economic data of the United States performed well, especially the growth of non-farm payrolls was much better than expected. Compared with the recession crisis in Europe, the US dollar became the best. As a hedge tool, the US dollar index rose above 108 points yesterday, approaching a 20-year high, and the gold market was under pressure. After the highest gold price reached $1,744.6, the lowest price reached $1,731.3. Finally, it closed at $1,734, down $8.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-11

July 11th Today's amplitude range The U.S. Federal Reserve does not expect the U.S. economy to land hard because of the interest rate hike. It seems that the Federal Reserve is willing to sacrifice part of the labor market to balance prices, and it will also show that it can fight inflation. We are determined to raise interest rates by 0.75% again in July. Although the European Central Bank will also start to raise interest rates earlier, the US dollar still has an advantage in interest rate spread, and the US dollar will remain high. Hovering, the downward pressure on the price of gold is still there. This week, the focus is on the inflation trend in the United States. Today, the suggested volatility of Friday is retained, that is, 1733 USD to 1753 USD. Last week was the 25th anniversary of Hong Kong's return to the motherland, and President Ji Jinping paid a personal visit to congratulate him. Unfortunately, he didn't give a big policy gift like the market forecast. A good dream came true and Hong Kong stocks were small. Fall. Last week, the government announced that it would suspend the fuse mechanism of individual routes from now on, which became good news. However, the market was worried that the global economy was going into recession, and the Hang Seng Index It is still inevitable to fall, closing at 21,725 points. In a week's summary, it fell by 134 points or 0.61%. Three major European stock markets rose for two consecutive days. Meeting of the Governing Council of the European Central Bank The minutes further provide the trend of interest rate increase. In its agenda, it shows that the upward risk of inflation in Europe has increased, and a few members expect to suppress the price increase by raising interest rates by a large amount. It is emphasized that we must avoid any idea that "gradual rate increase" means that the rate increase will not exceed 0.25. The intention of the European Central Bank to raise interest rates early is obvious, but the rate is still moderate compared with that of the United States. In a week's conclusion, the three major European stock markets rose across the board, and the German DAX index rose. 1.58%； Paris CAC index rose by 1.72%; Due to the political instability in Britain, which was forced to step down by British Prime Minister Johnson, the British stock market lags behind other European regions, Britain's FTSE 100 index rose 0.39%. The US stock market rebounded last week. Last week, two Fed officials supported a further rate increase of 0.75%, saying that they expected inflation to be successfully suppressed next year. Down, and stressed that the American economy has the opportunity to make a soft landing. The news from the officials of the Federal Reserve has removed some of the market's gloom about the recession of the economy. In addition, the economy is doing well, especially the growth of non-agricultural employment data is much better than expected. For the whole week, The three major Wall Street indexes rose across the board, with the Dow Jones index rising by 0.77%; The S&P 500 index rose by 1.88%; The Nasdaq Composite Index rose 4.66%. Investors' interest in European economy Lack of confidence, it is expected that Europe will face an inevitable recession prospect. The exchange rate of the euro against the US dollar has even fallen to a 20-year low, and the US dollar index has risen above 107 points, which is also the highest in the past 10 years. In recent years, the strength of the US dollar has become the main reason for the decline of gold price. After the gold price peaked at $1814.4 last Monday, it fell sharply on Tuesday and Wednesday, with the lowest price at $1732.2. Dollar, and finally closed at $1,742.3. In a week's summary, the price of gold fell by $67.2, and the gold market fell for four consecutive weeks. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-08

July 8th Today's amplitude range The European Central Bank's intention to raise interest rates early is obvious, which narrows the expectation of the spread with the US dollar, and the US dollar index shows signs of peaking. Two Fed officials supported a further rate hike of 0.75%, And said that the fear of the US recession was exaggerated by the market. The market is concerned about the release of U.S. non-farm payrolls data tonight. Federal Reserve Governor Waller expects that the U.S. non-farm payrolls report will record An increase of 275,000 people is more optimistic than the market expected. At present, the short position in the gold market is still dominant, but once the gold price falls below $1,730, it is attractive enough to wait for low absorption. now Suggested daily volatility is $1,733 to $1,753. The government announced that it would suspend the fuse mechanism of individual routes from now on. In fact, this mechanism lost its meaning when the The 5th Wave epidemic broke out in Hong Kong last year, and instead became a nuisance to the people. It also increases the social cost and scares businesses; Hong Kong stocks rose to express their welcome to this policy. The Hang Seng Index opened 233 points lower, with a maximum drop of nearly 400 points, after which investors took advantage of the low price. People, the Hang Seng Index finally closed at the highest level of 21,643 points in the whole day, up 56 points or 0.26%. Hong Kong stocks rose yesterday, and the market turnover shrank to only HK$ 112 billion. The market outlook should still fluctuate. Three major European stock markets rose for two consecutive days. The minutes of the meeting of the Governing Council of the European Central Bank further provide the trend of raising interest rates. In its agenda, it shows that the upward risk of inflation in Europe has increased, and a small number of members expect a larger increase. To suppress the price increase, we must avoid any idea that "gradual rate increase" means that the rate increase will not exceed 0.25. The European Central Bank's intention to raise interest rates early Obviously, but the range is still moderate compared with that of the United States. The three major European stock markets rose for two consecutive days, and the German DAX index rose by 1.96%; Paris CAC index rose by 1.59%; British wealth At 100, the index rose by 1.11%. Two Fed officials supported the continued interest rate hike, but said the US economy had a chance to make a soft landing. Waller, the governor of the Federal Reserve, made a speech, saying that the bureau was determined to control inflation by actively raising interest rates. Admittedly, raising interest rates does incur the risk of some economic losses, but if the U.S. economy can reduce its growth rate within nine months to one year, it will be enough to avoid causing recession. Let inflation fall. Brad, another official, said that the 75-point interest rate increase in July was significant, but he didn't think that there was an economic recession as a result. He explained that some people mistakenly put The slowdown in growth is regarded as a recession, implying that the economy will not collapse because of the interest rate hike. Therefore, he still supports the Federal Reserve's continued interest rate hike this year, and expects that as long as the federal funds rate rises to 3.5%, it can Seeing that prices are stable again, the Federal Reserve can adjust its policies, including the possibility of cutting interest rates. The number of initial jobless claims in the United States rose unexpectedly last week, with a data of 235,000. Nevertheless, the Federal Reserve Governor Waller expressed his optimism about the US labor market, expecting that the United States would be non-agricultural. The report will record an increase of about 275,000 people, reiterating that the fear of the US recession has been exaggerated by the market. Another official, Federal Reserve Brad, also said that the market will grow by mistake. As a slowdown. Two Fed officials' positive views on the U.S. economy supported the rise of the stock market, with the three major Wall Street indexes rising across the board, with the Dow Jones index rising by 1.12%; General standard The Er 500 index rose by 1.48%; The Nasdaq Composite Index rose 2.28%. The minutes of the meeting of the European Central Bank's management committee show that the three conditions of the guideline for raising interest rates have been met, and the central bank's intention to raise interest rates early is obvious, which has narrowed the interest rate spread with the US dollar; US dollar index from The fall in the high level, coupled with the unexpected increase in the number of initial jobless claims in the United States last week, contributed to the rebound of the gold price. The lowest gold price ever reached $1,736.6 and the highest reached $1,749.1, but the Federal Reserve The two officials supported a further interest rate increase of 0.75% and remained optimistic about the economic environment after the rate increase, which suppressed the momentum of gold price growth. The increase of gold price narrowed to 0.9 USD, closing at the newspaper. $140.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-07

July 7th Today's amplitude range Investors expect the economic outlook in Europe to be weak. The exchange rate of the euro against the U.S. dollar has fallen for two consecutive days, hitting a 20-year low, approaching the 1-to-1 mark, and the U.S. dollar index has broken 107, US dollar. Once again, the strength became the reason why the price of gold went bad yesterday, but the price of gold dropped to around 1720, which was attractive enough to buy while it was low. The market pays attention to America today and tomorrow. Non-agricultural data. The suggested volatility today is $1,728 to $1,753. Worried about the global economic recession, Asian stocks generally fell. Yesterday, Hong Kong stocks opened lower and closed lower. After the Hang Seng Index opened lower by more than 70 points, the decline in the afternoon had expanded to 566 points, constant The Health Index closed at 21,586 points, down 266 points or 1.2%. The market predicted that the possibility of Europe falling into recession would greatly increase due to inflation, which led to the European stock market two days earlier. Fell, but yesterday the international oil price fell below the $100 mark, the sound of economic recession also weakened, investment also took advantage of the low market, the three major European stock markets rebounded sharply, Germany The national DAX index rose by 1.57%; Paris CAC index rose by 2.03%; Britain's FTSE 100 index rose by 1.27%. The minutes of the meeting of the Federal Reserve in June show that many officials of the Federal Reserve believe that if inflation continues, a more positive interest rate level of the Federal Reserve may not be impossible, believing that 7 It is appropriate to raise interest rates by 50 basis points or 75 basis points at the meeting. Most officials also noticed that the risk of downward growth of the US economy increased, including the possibility of raising interest rates by the Federal Reserve. Exceed the expected impact. However, in view of the upside-down phenomenon of long and short bonds in the United States, the market bet that the Fed will raise interest rates moderately. In terms of data, the United States announced last month last night Non-manufacturing data, with a figure of 55.3, performed better than market expectations, while the number of floating job vacancies in the United States in May was 11.254 million, the largest single month since the outbreak for two consecutive months. The decline shows that the American labor force is still growing. The three major Wall Street indexes rose across the board, with the Dow Jones index rising by 0.22%; The S&P 500 index rose by 0.36%; The Nasdaq Composite Index rose 0.35%. Investors expect Europe The economic outlook is weak. The exchange rate of the euro against the U.S. dollar has fallen for two consecutive days, hitting a 20-year low, approaching the 1-to-1 mark. The U.S. dollar index has also broken 107 points, and the price of gold is completely under pressure. After seeing a high of $1,773 yesterday, it continued to fall, with the worst low of $1,732.2; After the Federal Reserve announced the minutes of the June meeting, the market bet on the Fed's interest rate hike. It will be milder, and the decline of gold price will narrow slightly, closing at 1739.4, down 25.5 USD. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-06

July 6th Today's amplitude range The European Union is facing the problem of financial fragmentation, and the bond yields among member countries are wide, which hinders the role of the European Central Bank in monetary policy, and has a better chance to lead to Europe. During the economic recession, the exchange rate of the euro against the US dollar fell to a new low in nearly 20 years, and the US dollar index rose by nearly 106.8, the highest level in the past 10 years. The US dollar strengthened and became the gold price yesterday. The reason for the bad walk. The market pays attention to the minutes of the meeting released by the Federal Reserve tonight, and the non-agricultural data of the United States after that. The suggested volatility today is $1,762 to $1,780. It is reported by the media that US President Biden may announce this week that he will cancel some of the trade tariffs imposed by former President Trump on China, although there are still noises in the market saying that China's tariffs will be reduced or exempted. The tax time may be postponed, and even Biden has not made a final decision; However, the news is rampant and there is a great chance of success. One of the reasons is that the inflation rate in the United States is extremely high. The government hopes to reduce imported inflation to benefit the people's livelihood. Secondly, it hopes that the effect of tax reduction will help the mid-term elections. Mainland announced purchasing manager of service industry The index is back on the dividing line between prosperity and decline, and Hong Kong stocks open more than 200 points higher. Adding the upload to the United States will exempt some import tariffs on China. The Hang Seng Index has risen by 368 points at most, surpassing the level of 22,000 points. However, the Shanghai and Shenzhen stock markets turned around and closed down, and Hong Kong stocks once turned red, finally rising 22 points or 0.1% to 21,853 points. Although the Hong Kong stock market ended its two-day losing streak, it rose from a high level. Insert 400 points, the pressure is not too small, and it may fall further.   The EU is facing the problem of financial fragmentation. Guindos, deputy governor of the European Central Bank, once said that the excessive differentiation of government bond yields will lead to financial instability, if it is fragmented Continued, it is not ruled out that there will be another European debt crisis in the medium and long term. At the same time, investors have insufficient confidence in the future. The investor confidence index of 19 countries in the euro zone has fallen to the lowest level in two years. Reflecting that Europe will face an inevitable recession prospect, the exchange rate of the euro against the US dollar has fallen to a 20-year low. All three major European stock markets have fallen by more than 2%, and the DAX index of Germany has fallen by 2.91%. Paris CAC index fell 2.68%; Britain's FTSE 100 index fell 2.86%. To combat inflation, the Reserve Bank of Australia raised interest rates for the third consecutive month, and yesterday announced that it would raise the main lending rate by 0.5% to 1.35%. Australia's central bank's interest rate hike triggered investment. Worried, worried that the global central bank will adopt a more aggressive interest rate hike strategy to curb inflation, which will eventually lead to economic recession. U.S. stocks opened following the decline of European stocks, with a decline of 1% 2%, but factory orders in the United States rose by 1.6% month by month in May, which was much higher than expected. In addition, the market is still concerned about the minutes of the June meeting released by the Federal Reserve tonight. The three major indexes on Wall Street are the highest. In the end, the Dow Jones index fell by 0.42%; The S&P 500 index rose by 0.17%; The Nasdaq Composite Index rose by 1.75%. After the American Independence Day holiday, the gold market wears it again. US$ 1800, the worst is US$ 1763.9. Investors lack confidence in the European economy. It is expected that the European economy will face a recession, and the exchange rate of the euro against the US dollar has fallen to a 20-year low. The U.S. dollar index rose nearly 106.8, the highest level in the past 10 years. The strength of the U.S. dollar became the main reason for the decline of gold price. The gold price peaked at 1812.2 U.S. dollars yesterday and finally reached 1764.9 U.S. dollars. Yuan closed, down $43.2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-05

July 5th Today's amplitude range There was a strong wait-and-see atmosphere in the gold market. Investors paid attention to the minutes of the June meeting released by the Federal Reserve on Wednesday and the non-agricultural data of the United States. The gold market was relatively calm and high yesterday. The volatility is only over $10. The price of gold rebounded strongly from the bottom of last Friday's test to below 1780, and it has seen support in the short term, so it can wait for low speculative buying. Maintain yesterday's proposal. Volatility, from $1,803 to $1,822. The State Council upgraded the currency swap arrangement between China and Hong Kong to the standing swap arrangement, and increased the swap scale by 60% to 800 billion yuan or 40 billion Hong Kong dollars to further Deepen the financial cooperation between the Mainland and Hong Kong, better support the construction of international finance centre, and promote the steady development of the offshore RMB market in Hong Kong. This arrangement is beneficial to investors. Manage the interest rate risk of RMB assets, deepen the financial cooperation between the two places, and further consolidate the status of international finance centre. Hong Kong stocks opened lower by 169 points, and the Hang Seng Index fell by more than 400 points at most. However, with the State Council's gift after July 1st, it approved to upgrade the currency swap arrangement between China and Hong Kong. This policy includes In addition to deepening the financing business of the two places, it is especially beneficial for Hong Kong as an international investor to purchase RMB assets through Hong Kong and further consolidate international finance centre's position. The news stimulated the HSI's decline to narrow to 29 points or 0.13%, closing at 21,830 points. The EU is facing the problem of financial fragmentation. Due to the hyperinflation caused by the Russian-Ukrainian war, the investment Investors from Portugal, Italy, Greece, Portugal and other high-debt European pig countries flowed out to Germany, which made the debt interest in southern Europe and Germany become wider and wider, Vice President of the European Central Bank President Guindos said that the excessive differentiation of government bond yields will lead to financial instability. If the fragmentation continues, it will not rule out another European debt crisis in the medium and long term, and the central bank needs to Continue to normalize European monetary policy. The three major European stock markets developed separately, with the German DAX index falling by 0.23%; Paris CAC index rose by 0.4%; Britain's FTSE 100 index rose 0.89%. American stock market holiday Closed. Monday's Independence Day holiday in the United States, coupled with the release of non-agricultural data in the United States this week, and the announcement of June meeting minutes by the Federal Reserve on Wednesday; The market has a strong wait-and-see atmosphere, and the gold market is full of waves. The price of gold was only over $10, the highest price was $1814.4, the highest price was $1804, and finally it fell by $2.4 to $1807.1. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-04

July 4th Today's amplitude range In the end, the gold market failed to rise because of the embargo of the seven countries, but instead succumbed to the central bank's active interest rate hike. Interest rate reflects the cost of holding gold, but inflation lurks behind the interest rate increase. The phenomenon of rising, and the excessive interest rate hike are the conditions that will trigger the economic downturn; The price of gold still fell below 1780 at the bottom of last Friday, rebounding sharply by more than 25 USD, and A double bottom was formed in the week of mid-May, and support has been seen in the short term, so we can wait for low speculative buying. Today's suggested volatility is $1803 to $1822. Yi Gang, governor of the People's Bank of China, said last week that China's inflation is relatively stable, and the PBOC's work will maximize the price stability as a prerequisite, and adopt a looser currency. The policy continued to support the economic recovery, and the mainland's rescue signal was obvious. In addition, the mainland announced the relaxation of the epidemic control and isolation measures, and the number of days of centralized quarantine for entry was reduced by nearly half to seven days. Looking forward to the market, China's economy will gradually recover, and it will also drive Hong Kong stocks up, with the highest increase of nearly 22,500 points. Unfortunately, the Fed's active interest rate increase has narrowed the increase of Hong Kong stocks. In a week's summary, Hang Seng Index closed at 21,859 points, up 140 points or 0.64%, but lost at 22,000 points. Bank of England Governor Bailey said that the salary increase in the UK reflects inflationary pressure, and the wage increase should have reflected the productivity increase, but the wage growth level in the UK However, it can't correctly reflect the degree of economic growth, and policies will be formulated to suppress the salary increase caused by inflation. On the other hand, European Central Bank President Lagarde said that ultra-low inflation The times are gone forever, and it has been clearly indicated what may happen in July. The news that Lagarde raised interest rates early in July and the Bank of England's salary policy made the market uneasy, In addition, there are reports in the market that restricting the import of Russian natural gas failed to force Putin to withdraw his troops from Ukraine, but it will cause the economic recession in Europe. Last week, the three major stock markets in Europe The DAX index of Germany fell by 2.33%. Paris CAC index fell by 2.34%; Britain's FTSE 100 index fell 0.56%. The COVID-19 outbreak cut off the whole supply chain, and the war with Russia and Ukraine caused the energy price problem, which finally made the inflation in the United States worsen. Federal Reserve Chairman Powell was on the satellite. It is said that the bureau will use all tools to reduce the currency very firmly, suggesting that the means of raising interest rates in the future will not be softened, and the market is worried that the actions of the Federal Reserve will make the economy retrogress; In a week, all three major indexes of Wall Street fell, and the Dow Jones index fell by 1.28%. The S&P 500 index fell 2.27%; The Nasdaq Composite Index fell 4.19%. Shangxing The seventh summit of the Group of Seven industrialized countries announced a ban on the import of Russian gold. The news of reduced supply briefly stimulated the gold market to rise. The highest price of gold last week was $1,841.1, but the news was digested. After that, the price of gold began to fall, and Federal Reserve Chairman Powell expressed his determination to raise interest rates to suppress inflation, suggesting that this newspaper's annual interest rate hike will not be soft, and the price of gold has been obviously under pressure recently. Fell, reaching a low of $1,784.6, and finally closed at $1,809.5. In a week, the price of gold fell by $17.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-07-01

July 1st Today's amplitude range Federal Reserve Chairman Powell expressed his determination to raise interest rates to suppress inflation, suggesting that this year's rate hike will not be soft. Recently, the price of gold was obviously under pressure, and it fell nearly $1,802 yesterday before it rebounded. Excluding today's try-on of $1,800, the price of gold is still on the way to the bottom, so we can wait for low speculation. Today's suggested volatility is $1,798 to $1,822. Today is the 25th anniversary of Hong Kong's return to the motherland. President Ji Jinping paid a personal visit to Hong Kong yesterday. Despite the ups and downs, it didn't hurt the warm expectation of a number of senior officials and people from the establishment. They have isolated themselves in advance and are expected to be with the president of the country. For the ordinary citizen, it is only possible for the sky to hang! The chairman is concerned about the people's feelings, saying, "No housing speculation" makes real estate speculators. With heavy losses, the domestic property stocks that operate in a highly leveraged way are also facing financial difficulties and bankruptcy crisis! I don't know whether it's a coincidence or a show. Yesterday, the Hang Seng Composite Index was excluded from several places. And property management shares, including Sunac China, China Evergrande, Shimao Group, Kaisa Group, China Aoyuan and Evergrande Property. The fly in the ointment is that Hong Kong stocks have not reported good news, and With the decline of U.S. stocks, it finally fell by 137 points or 0.6%, breaking through 22,000 points and closing at 21,859 points. Russia invaded Ukraine, and western countries imposed sanctions on Russian Putin's aggressive actions and restricted the import of Russian natural gas, hoping to force Putin to withdraw from Ukraine under economic pressure. Army, but yesterday Putin announced that his war goal remains unchanged, but there may be changes at the tactical level; The US Intelligence Agency confirmed that the Russian-Ukrainian war will enter a longer stage. The prolongation of war To make the situation in Europe more uncertain, the three major European stock markets fell for two days in a row, and the German DAX index fell by 1.61%; Paris CAC index fell by 1.6%; Britain's FTSE 100 index fell 1.98. %。 The COVID-19 outbreak cut off the whole supply chain, and the energy price problem caused by the war with Russia and Ukraine finally caused the inflation in the United States to worsen, and the Federal Reserve had to raise interest rates heavily. To suppress price increases, and the market is worried that the actions of the Federal Reserve will make the economy retrogress; Last night's data showed that the core personal expenditure was flat compared with last month under the pressure of interest rate hike, and it seems that inflation has peaked. However, the number of unemployed workers in the United States for the first time has risen four times in a row. Last week, although the salary was increased by 0.5% month-on-month, the personal expenditure dropped to 0.2% in the same period, which was worse than expected, highlighting the social anxiety about the economic prospect. All three major Wall Street indexes fell, Dow Jones index fell 0.81%; The S&P 500 index fell 0.86%; The Nasdaq Composite Index fell by 1.33%. Federal Reserve Chairman Powell expressed his determination to suppress inflation by raising interest rates. This newspaper's annual interest rate hike will not be soft. Recently, the price of gold was obviously under pressure. The price of gold fluctuated before and after the release of last night's core consumption data, with the highest rising to $1,825.2, but with the number of residents. It shows that inflation has an opportunity to peak, and the price of gold has continued to decline, reaching a low of $1,802.8, and finally closing at $1,807.3, falling by $10.5. This week, it has been falling for four consecutive days. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-30

June 30th Today's amplitude range Central bank governors in Europe and the United States hinted that they would resolutely raise interest rates to suppress inflation. The price of gold was obviously subject to the haze of a sharp increase in interest rates by the Federal Reserve. The gold market fell slightly again yesterday. Jinshijian The confidence of bulls is being dampened, and the price of gold is still bottoming out. It may take a bigger decline to attract the attention of bulls again. Keep yesterday's suggestion. Volatility, that is, $1,810 to $1,828. The US consumer confidence index hit a year-and-a-half low, and the three major indexes of US stocks dropped significantly the next night. Hong Kong stocks were also dragged down on the closing date, and the Hang Seng Index opened nearly 300 points lower, coupled with short-selling machines. According to the report, the performance of Weilai Automobile was piled up by fraud, which dragged down the performance of automobile stocks and technology stocks. The Hang Seng Index fell by more than 570 points at most, closing at 21996. Points, down 422 points or 1.88%. Bank of England Governor Bailey said that the salary increase in the UK reflected inflationary pressure, and the wage increase should have reflected the productivity increase, but However, Britain's wage growth level can't correctly reflect the degree of economic growth, and it will formulate policies to curb the wage increase caused by inflation. On the other hand, European Central Bank President Lagarde said that the era of ultra-low inflation is gone forever, and inflation is much higher than expected, but it is not only the European Central Bank that has made mistakes, saying that it has Make it clear what might happen in July. The news that Lagarde raised interest rates early in July and the Bank of England's salary policy made the market uneasy, and the three major European stock markets ended at 3. Even, Germany's DAX index fell by 1.7%; Paris CAC index fell by 0.92%; Britain's FTSE 100 index fell 0.14%. Federal Reserve Chairman Powell said that the bureau will be very firm. Use all tools to reduce inflation, suggesting that the means of raising interest rates in the future will not be softened, acknowledging that raising interest rates does have the risk of causing economic recession, but he also reiterated that the U.S. It is still possible to make a soft landing! Powell's remarks made the three major indexes of U.S. stocks develop separately, and the Dow Jones index rose by 0.27%; The S&P 500 index fell 0.07%; The Nasdaq Composite Index fell 0.03%. ECB Lagarde, the president, and Bao Weil, the chairman of the Federal Reserve, said in unison that the era of global low inflation before the epidemic had passed, and the central bank had the responsibility to use tools to stabilize prices. European and American central bank governors hinted that they would resolutely raise interest rates to suppress inflation. After their speeches, the gold market was obviously under pressure, and immediately fell by nearly $15 from yesterday's high of $1833.1. The gold price The lowest price was $1,812.1, and it closed at $1,817.8, down $2.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-29

June 29th Today's amplitude range Recently, the gold market is obviously subject to the gloom of the Fed's sharp interest rate hike. However, while the moderate interest rate hike is used to cool down inflation, will it lead to a sluggish US economy and become an investment in the gold market? A suspense, which led to the recent fluctuation and decline of the gold market, also consumed the confidence of the bulls. The gold market is still trying its bottom, and it may take a bigger decline to absorb it. Attract the renewed attention of long investors. The suggested volatility today is $1810 to $1828. Since the outbreak of the Covid-19 epidemic in the world, most countries have used the principle of coexistence with viruses to fight the virus with vaccines and drugs for a long time in order to get their economic activities back on track. On the contrary, few countries in China still cut off the transmission in a rigorous way, aiming at clearing it, and become one of the best epidemic prevention countries in the world, but the price paid is even greater. The closure of Shanghai in the past two months has almost completely paralyzed economic activities, resulting in losses of more than 100 billion yuan, which is the best example. The mainland announced the relaxation of quarantine measures for epidemic control and centralized entry. The number of days of isolation has been reduced by nearly half to seven days. The market hopes that China's economy will gradually recover, and the Shanghai and Shenzhen stocks will rise, which will also drive Hong Kong stocks up. In addition, since Hong Kong returned to the motherland for 25 years, the market spread When President Ji Jinping visited Hong Kong, he would give a big gift again and offer more preferential policies. The Hang Seng Index opened lower and closed higher, and the Hang Seng Index closed at 22,418 points, up 189 points or 0.85%. The NATO summit opened in Spain on Tuesday, and the war in Eastern Europe became the top issue. On the eve of the summit, NATO has announced that it will strengthen its defense on the eastern border, and put NATO's rapid reaction force into force. From 40,000 to 300,000, it's obviously aimed at Russia. In order to deter Putin from continuing to expand outward, a strategic plan for the next ten years will be set at the meeting, and Russia will become a partner. Part, dropped to a direct threat, and because of the deepening relationship between China and Russia, China was defined as a "systemic challenge" for the first time. However, NATO would not call China an opponent, allowing the European public. Many countries continue to have business cooperation opportunities with China. The latest topics of NATO summit are clear, which will help to speed up the resolution of the war situation in Eastern Europe. The three major European stock markets have risen, and DAX in Germany refers to Number 0.35%; Paris CAC index fell by 0.64%; Britain's FTSE 100 index rose 0.97%. The inflation problem in the United States gradually erodes the purchasing power of citizens. Yesterday, the American Consultative Conference Consumer Confidence Index was released in the United States, with a figure of 98.7, the lowest since the epidemic officially broke out in the United States. The market's concern about the economic recession caused by the Fed's interest rate hike has greatly increased, with U.S. stocks falling sharply and the Dow Jones index falling by 1.56%; The S&P 500 index fell 2.02%; Nasdaq composite index Fell by 2.99%. Two U.S. Federal Reserve officials, Williams and Daley, respectively admitted that the Federal Reserve must cool down the hottest inflation in 40 years, but both officials also said that they believed It is still possible for the US economy to land softly. However, yesterday's performance of the gold market was also obviously constrained by the gloom of the Fed's sharp interest rate hike. The highest gold price was $1,829.5, and the lowest was $1,818.5. Yuan, closing at $1820.1, down $2.6. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-28

June 28th Today's amplitude range The G-7 summit announced a ban on the import of Russian gold, hoping to hit Russia's income and achieve an earlier ceasefire. Short-term consumption stimulated the gold market to rise, But after the virtual fire, it can't be sustained. The gold market is still trying to bottom out, but it can wait for low absorption. The suggested volatility today is $1,816 to $1,832. Yi Gang, governor of the People's Bank of China, said yesterday that China's inflation is relatively stable, and the work of the People's Bank of China will maximize the price stability as the premise, and adopt a looser currency Policies will continue to support economic recovery. The mainland rescue signal is obvious, coupled with the sharp rise of US stocks last Friday. The Hang Seng Index opened 257 points higher yesterday, up to nearly 700 points, but at noon in Tencent It was announced that major shareholders had reduced their holdings, and the news dragged down the increase of the market to narrow. Finally, the Hang Seng Index closed at 22,229, up 510 points or 2.35%. Leaders of the Group of Seven Industrialized Countries gathered in Germany, Continue to discuss issues related to the global economy. At the summit, an initiative called "Global Infrastructure and Investment Partnership" was put forward. This theme is obviously aimed at the infrastructure project in the belt and road initiative, China, which plans to raise $600 billion in five years to provide infrastructure for developing countries. Funds, it is expected that the project can revitalize many countries in Eastern Europe, which is half good news for Eastern Europe still caught in the war; The three major European stock markets developed separately yesterday, German DAX index rose by 0.53%; Paris CAC index fell by 0.43%; Britain's FTSE 100 index rose 0.64%. U.S. stocks rebounded strongly last week, with three major indexes on Wall Street The average weekly increase exceeded 6%, but yesterday's increase failed. The United States announced the Dallas Fed Business Activity Index in June. The figure recorded a new low since May 2020, with a negative 17.7. The data affected investor sentiment. U.S. stocks fell yesterday, and the Dow Jones index fell 0.19%; S&P 500 Index The number fell by 0.29%; The Nasdaq Composite Index fell 0.87%. The Russian invasion of Ukraine entered the fifth month, and the western countries continued to sanction the Russian president's military actions. To increase its economic sanctions, the G-7 summit announced a ban on the import of Russian gold, hoping to hit Russia's income and achieve an earlier ceasefire. Supply and consumption Stimulate the gold market to rise for a short time, and the highest price of gold is $1841.1. However, Russia even has a way to export oil, and the wishful thinking of the G-7 summit may fail, and the price of gold will follow. After softening, the lowest price was $1,820.9, closing at $1,822.7, down $4.6. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-27

June 27th Today's amplitude range Powell admitted that it was a mistake for the Federal Reserve not to take action to combat inflation earlier. Now the Bureau is trying to correct it, saying that the rate of interest rate increase is unconditionally limited. He also admitted that Austerity may lead to slower growth, but recession is not inevitable. The U.S. Federal Reserve has shown its determination to fight inflation. I believe it will not relent in raising interest rates this year, but There are complicated factors behind inflation, including the fact that the virus still threatens the normalization of the global supply chain, and the rise of protectionism, which also makes consumers bear the cost in return for higher prices. Price level. Finally, it is the future development of the situation in Eastern Europe. The sooner the war between Russia and Ukraine stops, the sooner the supply can return to normal, which will help the price drop, especially the price of crude oil. interest rate It reflects the cost of holding gold, but there is a hidden phenomenon of higher inflation behind the interest rate hike. The gold market is at the bottom of the test, and it is expected to pick up, but it can wait for low absorption. Today's suggested volatility is $1818 to $1840. Dollars. After a period of rectification guided by Chairman Ji Jinping's thought, the domestic economy is trying to rescue the market in the near future. In the upsurge of global central bank interest rate hike, China still keeps lending in the market. The interest rate remains unchanged; Later, Premier Li Keqiang of the State Council of China said that near the peak period of electricity consumption in summer, power plants should be encouraged to release coal production capacity, and power cuts should be resolutely prevented to avoid affecting people's livelihood and Economic activities. We also studied and extended the policy of exemption from new energy vehicle purchase tax, further released the automobile consumption potential, and the market looked forward to the normalization of domestic production. The Hang Seng Index rose by 644 in a week. Or 3.1%, to close at 21,719 points, which is set to regain 22,000 points. European stock markets plunged more than 4% last week, the second worst week since the Russian invasion of Ukraine. Although Europe's economic prospects are blocked; War in Eastern Europe and Global Supply Tension has led to worsening inflation, and the market expects the risk of recession to increase. However, there were still speculators who took the opportunity to rebound in the market yesterday, and the three major European stock markets finally developed individually. In a week, Germany's DAX index fell 0.06%; Paris CAC index rose by 2.74%; Britain's FTSE 100 index rose by 3.24%. US Federal Reserve Chairman Powell attended the US Senate last week for two consecutive nights. Court witness meeting. At the meeting, he admitted that the Federal Reserve had misjudged the risk of high inflation before, because they underestimated the rate of inflation deterioration, saying that at that time, they only expected the virus pandemic to disappear with the emergence of live vaccine. Loss, the supply chain problem will be solved naturally, resulting in the bureau not taking faster action to combat inflation. As it turns out, the problems in the supply chain have not improved, he explained, because of the recent global Events beyond its control, especially the continuous influence of the Ukrainian war and the Covid-19 pandemic, made the situation worse, and the bureau finally had to intensify it. Means to control inflation, indicating that tightening policies may lead to slower growth, and recession is not inevitable. Powell reiterated that the Federal Reserve did not try to trigger a recession. Powell admitted that it was a mistake for the Fed not to take action to combat inflation earlier, and said that the recent action was still aimed at stabilizing prices, and the Fed did not try to cause a decline. The intention to retreat. Powell's remarks are like a shot in the arm for the risk market. After four weeks of decline, the three major indexes on Wall Street finally rebounded last week. To sum up, the Dow Jones index Up by 5.34%; The S&P 500 index rose by 6.95%; The Nasdaq Composite Index rose 7.35%. Investors waited and saw the upcoming speech of US Federal Reserve Chairman Powell at the beginning of last week, the gold market. Quietly, Powell said last Wednesday that the US economic outlook is becoming more difficult under inflation, but later Powell said that he would never rule out any rate hike, showing the Fed's solution. Determination of inflation, he added last Thursday. Tightening policies may lead to slower growth, and economic recession is not inevitable. Powell's remarks cooled the risk aversion, and the price of gold last week It closed at $1827.3, falling by $13.1 a week, with the highest at $1847.9 and the lowest at $1817. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-24

June 24th Today's amplitude range Powell admitted that it was a mistake for the Federal Reserve not to take action to combat inflation earlier, but the bureau was determined to combat inflation, saying that the tightening policy might lead to a slowdown in growth. But recession is not inevitable. Market risk aversion subsided and the attractiveness of the gold market declined. The suggested volatility today is $1,812 to $1,833. Premier Li Keqiang of the State Council re-injected vitality into the consumer economy in the Mainland; When he presided over the State Council executive meeting yesterday, he proposed to study and extend the policy of exemption from new energy vehicle purchase tax. In fact, the policy will further release the automobile consumption potential. It is estimated that through the policy, the automobile and related consumption will be increased by about 200 billion yuan to support the consumption of new energy vehicles. News stimulates cars. Shares in related sectors rose by 4% to 15%. Hong Kong stocks opened higher and closed higher, recouping half of their early losses. The Hang Seng Index finally rose 265 points or 1.26% to close at 21,273 points. Yesterday, the euro zone announced the comprehensive purchasing managers' index for June, with the latest figure of 51.9, far worse than the market expectation of 54, and the worst performance in the past 16 months, including manufacturing and services. All the sub-indices of the industry are poor, especially the purchasing managers' index of manufacturing industry hit a 22-month low. Trapped in the gloom of economic recession, the three major European stock indexes continued to decline, and the German DAX index fell by 1.75%; Paris CAC index fell by 0.56%; Britain's FTSE 100 index fell 0.97%. US Federal Reserve Chairman Powell continued to attend the US Senate Witness last night. At the meeting, he admitted that the Federal Reserve had misjudged the risk of high inflation before, because they underestimated the inflation rate. At that time, it was only expected that the virus pandemic would disappear with the emergence of live vaccine, and the supply chain problem would be solved naturally, which led to the bureau not taking action faster. Fight inflation. As it turns out, the problems in the supply chain have not improved. He explained that the recent global events are beyond his control, especially the Ukrainian war and the Covid-19 pandemic. Continued, when it was found that the situation became very bad, the bureau finally had to control inflation with more drastic measures, indicating that the tightening policy might lead to a slowdown in growth, recession and Inevitably, Powell reiterated that the Fed was not trying to trigger a recession. Powell admitted that it was a mistake for the Federal Reserve not to act earlier to combat rising inflation, saying that the most Recent actions are still aimed at stabilizing prices, and the Federal Reserve has no intention of trying to trigger a recession. Powell's remarks are like a shot in the arm for the risk market. The three major indexes of Wall Street are all up, with the Dow Jones index rising by 0.64%; The S&P 500 index rose by 0.95%; Nasdaq The composite index rose by 1.62%. Powell said last night that austerity policies may lead to a slowdown in growth, and economic recession is not inevitable. The news cooled the risk aversion, and the price of gold was in Powell. Before the speech, it peaked at $1,847.9, and finally closed down by $15.1 at $1,822.6, a full-day low. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak