Gold market analysis

2022-06-23

June 23rd Today's amplitude range Powell, chairman of the US Federal Reserve, showed his determination to fight inflation last night. When asked about the possibility of raising interest rates by 100 percentage points, he said that he would never rule out any range. Raise interest rates. The interest rate reflects the cost of holding gold, but there is a hidden phenomenon of higher inflation behind the interest rate hike. The gold market is still expected to rise further, but it can be absorbed at a low price. Today's suggestion wave From $1,828 to $1,848. The regulatory atmosphere in the Mainland seems to haunt us. Yesterday, the State Food and Drug Administration made a move against online media, promulgating new rules to prohibit third-party platform providers from directly participating in online drug sales. Activities, Ali Health and JD Health, which specialize in selling drugs online, both fell by 14%. The Hang Seng Science and Technology Index plunged by 207 points or 4.36%. The Hang Seng Index also closed at the all-day low, reporting 2008 points, down 551 points or 2.6%. US Federal Reserve Chairman Powell said at the semi-annual monetary policy meeting of the US Senate Finance Committee last night that the Federal Reserve will We will try our best to reduce inflation, and the U.S. economy can afford a tighter policy. The authorities will stick to this policy until we see convincing evidence that inflation is declining. When Powell was asked about the possibility of raising interest rates by 100 points, he replied that any rate increase would never be ruled out. Powell's remarks indicate that the Fed would rather risk economic decline. The risk of retreat, but also determined to increase interest rates by a larger margin to fight inflation, market worries will trigger a recession, and Musk, the richest man in the world, fell out to support this market speculation, saying that all The probability of recession in the global economy is greater than that of non-recession. European stock markets fell to a daily low after Powell's speech, and the German DAX index fell by 0.98%; Paris CAC index fell 0.81. %； Britain's FTSE 100 index fell 0.79%. Powell's remarks that there is no upper limit on interest rate hike, saying that any rate hike will never be ruled out, shocked the investment market. Investors worry that the Federal Reserve will raise interest rates sharply to suppress inflation. Will pay the price of economic recession, the three major indexes of Wall Street all go down, and the Dow Jones index falls by 0.16%; The S&P 500 index fell 0.14%; The Nasdaq Composite Index fell 0.15%. Powell, chairman of the US Federal Reserve Board, attended the testimony of the US Senate last night, talking about the fact that the economic prospect of the United States has become more difficult under inflation, saying that the soft landing of the economy has become a major challenge. The remarks heated up the risk aversion, and the highest price of gold was $1,847.9, but Powell later said that he would never rule out any interest rate increase, which narrowed the price increase, and the lowest price of gold was ever seen. $823.5, and finally closed at $1,837.8, up $4.7. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-22

June 22nd Today's amplitude range Investors wait and see US Federal Reserve Chairman Powell's speech on Wednesday for two consecutive days, and the gold market is relatively quiet. It is expected that the Federal Reserve will use all means to raise interest rates to suppress inflation, The interest rate reflects the cost of holding gold, but there is a hidden phenomenon of higher inflation behind the interest rate hike. The gold market is still expected to rise further, but it can be absorbed at a low price. Today's suggested volatility is $1820. To $1,842. Li Keqiang, Premier 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, further strengthen power supply, and resolutely prevent power cuts to avoid the impact. People's livelihood and economic activities. The market welcomes Li Keqiang's remarks and looks forward to the normalization of global production. Hong Kong stocks opened nearly 100 points higher yesterday, and followed the rise of the US stock futures market in the afternoon. Hang Seng Index The closing price finally closed at 21,560, close to the full-day high, up 396 points or 1.87%. European stock markets plunged more than 4% last week, the second worst performance since the Russian invasion of Ukraine. A week. Although Europe's economic prospects are blocked, investors continue to take advantage of the low absorption, and the U.S. stock market opened sharply. The three major European stock markets rose for two consecutive days, and the German DAX index 0.37%; Paris CAC index rose by 0.84%; Britain's FTSE 100 index rose 0.46%. Last week, the market worried that the Fed's sharp interest rate hike would trigger the risk of economic recession. The three major stock markets in the United States recorded the biggest weekly decline since March 2020; But yesterday On the return of the US stock market holiday, Baldin of the Federal Reserve said that if there is an economic recession in the process of inflation normalization in the United States, then it will be mild and a soft landing is possible; wind Insurance investors came back with a big counterattack. All three major indexes on Wall Street rose by more than 2%, and the Dow Jones index rose by 2.151%. The S&P 500 index rose 2.45%; The Nasdaq Composite Index rose 2.51%. The central banks around the world are raising interest rates one after another, but the Fed's eagle state is tougher. Federal Reserve Baldin said that the US economy has a chance to land softly, and the market risk aversion is slightly. Cooling, coupled with investors' attention to the contents of the speech to be delivered by Powell, chairman of the US Federal Reserve, this evening and tomorrow, the gold market is relatively quiet, with the volatility of less than $12 for two consecutive days, and the gold price is at The lowest price was $1,830.8, the highest price was $1,842.7, and finally closed at $1,833.1, down $5.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-21

June 21st Today's amplitude range Investors wait and see US Federal Reserve Chairman Powell's speech on Wednesday for two consecutive days, and the gold market is relatively quiet. It is expected that the Federal Reserve will use all means to raise interest rates to suppress inflation, The interest rate reflects the cost of holding gold, but there is a hidden phenomenon of higher inflation behind the interest rate hike. The gold market is still expected to rise further, but it can be absorbed at a low price. Maintain yesterday's suggested volatility, That is, $1828 to $1845. China announced the quoted loan market interest rate in June yesterday, maintaining the official one-year and five-year interest rates at 3.7% and 4.45%. Even so, according to Ke Holdings Inc., a mainland housing agent The research points out that banks continue to give concessions to real estate developers, and continue to lower mortgage rates in key 103 mainland cities, with the first and second home loan rates being 4.42% and 5.09% respectively. Both of them have hit a low level since 2019, and the news led to a sharp rise in home stocks yesterday. Before the end of last week, European and American stock markets plunged sharply. Investors entered the market cautiously yesterday, and Hong Kong stocks finally fell first and then rose. Closed at 21,163 points, up 89 points or 0.42%. 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, yesterday, there were still speculators who took the opportunity to rebound in the market. The three major European stock markets fluctuated and rose, and the German DAX index rose by 1.04%. Paris CAC index rose by 0.64%; Britain's FTSE 100 index rose by 1.58%. American stock market holiday. Central banks around the world are raising interest rates one after another, but the Federal Reserve is more hawkish. Federal Reserve Brad said yesterday that the authorities must go to quantify the distance of tightening policy. It won't be far away; The market understands that in order to suppress inflation, the Federal Reserve will exhaust the means of raising interest rates. June holiday in the United States, plus investors' wait-and-see on the upcoming announcement by US Federal Reserve Chairman Powell Speech, the gold market is relatively light and clean, with a volatility of less than $12. The lowest gold price once reached $1,834.8, the highest gold price reached $1,846.1, and finally closed at $1,838.4, down $2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-20

June 20th Today's amplitude range Russia and its partners, together with the western countries led by the United States, have made their own efforts, hoping to wage a war of attrition on both military and economic levels. Judging from the situation, the war between Russia and Ukraine will continue for a long time. The further deterioration of inflation has also caused the global central banks to step into the cycle of interest rate increase. The interest rate reflects the cost of holding gold, but there is a hidden phenomenon of higher inflation behind the interest rate hike, and the gold market is still expected to enter again. Step up, but wait for low absorption. It is suggested that today's wave is between $1828 and $1845. According to the report of Reuters, China's foreign exchange balance in May was 21.32 trillion yuan. According to Reuters's calculation, the net outflow of foreign exchange from the mainland last month was nearly 9 billion yuan. This reflects The recent sharp decline of RMB also reveals the seriousness of foreign capital withdrawal. Coincidentally, there is evidence that foreign investment in Hong Kong is also withdrawing, and the Hong Kong dollar has repeatedly fallen to the weak guarantee level. Since May, the HKMA has entered the market ten times to accept Hong Kong dollars. Last Friday, it announced that the aggregate balance of Hong Kong's banking system had decreased to 294.6 billion Hong Kong dollars. Stocks with high liquidity due to the outflow of foreign capital It is inevitable that the market will become the target of selling tickets. In addition, the HKMA followed the pace of interest rate increase in the United States and raised the basic interest rate of discount window to 2%. The Hang Seng Index opened lower and closed lower last week, with the lowest ever falling to nearly 20,700. For a week, the Hang Seng Index fell 731 points or 3.35% to close at 21,075 points. The European Central Bank announced a 0.25% interest rate increase in July the previous week, which means that the euro zone will end the era of negative interest rates that lasted for more than eight years. And last week, two non-Euros in Europe On the same day, the state announced a rate hike, and the Swiss National Bank unexpectedly raised the interest rate by 50 points. Although the Swiss National Bank still maintained a negative interest rate policy after the rate hike, this was the first time since 2007. Of great significance. In addition, the Bank of England also announced an interest rate increase last night, raising the interest rate by 0.25% again, raising the official interest rate to 1.25%, the fourth rate increase this year. The market continues to emerge. Selling tide; In a week's summary, Germany's DAX index fell by 4.62%; Paris CAC index fell by 4.92%; Britain's FTSE 100 index fell 4.12%. The consumer price index of the United States once again peaked, with an increase of 8.6% from the previous month, the highest level in nearly 40 years. Figures show that inflation in the United States continues to deteriorate, and investors are worried about the economic slowdown. Last week's market news The Federal Reserve will raise interest rates by a larger margin to suppress inflation. Sure enough, the Federal Reserve announced an interest rate increase of 75 points yesterday morning, leveling the record of the largest interest rate increase in American history. Under the pressure of interest rate increase, The three major stock markets in new york fell by nearly 5% last week, and the Dow Jones index fell by 4.79% in a week. The S&P 500 index fell 5.74%; The Nasdaq Composite Index fell 4.79%. whole world The central bank has increased people's interest rates one after another, but the Fed's eagle state is tougher, which is called fighting inflation. The bureau can make no restrictions, and the dollar has stabilized, and the 10-year bond interest once increased to 3.3%. The price of gold is under significant pressure. Last week, the lowest price of gold reached US$ 1,805.2, the highest price reached US$ 1,879.1, and finally closed at US$ 1,840.4. In a week, it fell by $31.2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-17

June 17th Today's amplitude range The two European Central Banks announced interest rate increases yesterday, the Swiss National Bank and the Bank of England announced interest rate increases of 0.5% and 0.25% respectively yesterday, and the Swiss franc broke the record of the biggest one-day increase against the US dollar in seven years. The US dollar dropped from a high level, and the US dollar index dropped to a minimum of 103.4, thus benefiting the gold price. Behind the interest rate hike is the phenomenon of higher inflation, and the gold market is still expected to rise further, but it can be absorbed at a low level. today It is suggested that the wave be between $1833 and $1858. Hong Kong stocks opened yesterday and followed the trend of US stocks, but in the afternoon, the futures of US stocks plunged, and the Hang Seng Index finally ended up rising first and then falling. Yesterday morning, the United States met market expectations, raising interest rates by "only" 75 points. Investors still speculate on bad news as good news in the early stage. The Hong Kong Monetary Authority immediately followed the pace of interest rate hike in the United States and raised the basic interest rate of discount window to 2%; Hang Seng Index ended down. Hang Seng Index opened 200 points higher, Finally, it closed at 20,845 points, down 462 points or 2.17%. To combat inflation, the Federal Reserve announced a 75-point interest rate increase yesterday morning. In Europe, the Swiss National Bank unexpectedly raised interest rates by 50 points, although The Swiss central bank still maintains the negative interest rate policy after raising interest rates, but this is the first time since 2007, which is of great significance. In addition, the Bank of England also announced an interest rate increase last night, raising the interest rate by 0.25% again, raising the official interest rate to 1.25%, the fourth rate increase this year. Action of raising interest rate suppresses risk market, three major European stocks The finger protrusion rebounded early, and the German DAX index fell by 3.31%; Paris CAC index fell 2.19%; Britain's FTSE 100 index fell 3.14%. Yesterday morning, the Federal Reserve announced a 75-point interest rate hike, which leveled the US. The biggest interest rate hike in China's history, because the market hyped bad news as good news, made the U.S. stock market rise as soon as possible. However, U.S. stocks opened lower yesterday, and a number of data showed that the U.S. economy was suffering from inflation. Under the condition of deterioration, speculative funds come faster and go faster. The three major stock markets in new york finally fell by more than 2% across the board, and the Dow Jones index fell by 2.42%. The S&P 500 index fell 3.25%; The Nasdaq Composite Index fell 4.08%. In Europe, the Swiss National Bank and the Bank of England announced interest rate increases of 0.5% and 0.25% respectively yesterday, and the two European Central Banks simultaneously The interest rate hike made the US dollar less open. The US dollar fell from a high level, and the US dollar index dropped to a minimum of 103.4. The price of gold rose in the European period, and the lowest price of gold was $1,815.7. See the highest price of $1857.6, and finally close at $1856.8, up by $22.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-16

June 16th Today's amplitude range To combat inflation, the Federal Reserve announced a 75-point interest rate increase in the early hours of this morning. Although this rate hike leveled the record of the largest single rate hike in the history of the Federal Reserve, investors in the gold market had already been psychologically prepared. There was no worse news at the moment of unveiling. The news of the interest rate hike by the Federal Reserve turned into good news, and the gold market went up. The Fed's interest rate hike is gradually digested, and the gold market will fluctuate again. Suggestions today 1821 To $1,842. The International Institute for Management Development in Lausanne, Switzerland, released the global competitiveness ranking, and Hong Kong rose two places to the fifth place in the world, below Denmark, Switzerland, Singapore and Sweden. Among them "business" Hong Kong still ranks first in the world in terms of industry regulations, but it has lost its long-standing champion position in terms of government efficiency, slipping to second place. Won the praise of Hong Kong's economy by famous brand organizations, coupled with mainland production. The data and labor data were compiled at the same time, which drove the overall market to rise. The Hang Seng Index closed up by 240 points or 1.14% to 21,308 points. The European Central Bank held a special meeting yesterday to discuss how to Solve the recent selling problem of EU government bonds; After the meeting, the spokesman of the European Central Bank said that it would flexibly adjust the reinvestment redeemed by the emergency bond purchase plan of Covid-19 pandemic, indicating that the central bank will not tighten monetary policy with heavy hands to prevent the economic collapse. Collapse. The three major European stock indexes have stopped falling for six consecutive days, and the German DAX index rose by 1.39%; Paris CAC index rose by 1.35%; Britain's FTSE 100 index rose by 1.16%. At 2 o'clock in the morning, Mei The Federal Reserve announced a 75-point interest rate increase, and in its statement, it mentioned that if there was a risk that might hinder the Committee's goal of combating inflation, the Committee would adjust its monetary policy position as appropriate; Sure enough, officials approved the result of last night's interest rate increase by 10-1 last night, and directly overturned the speech made by Federal Reserve Chairman Powell at the interest rate meeting in May. At that time, Powell said that he ruled out the failure The possibility of a single interest rate increase of 75 points. Powell also made a speech yesterday after the meeting, as usual, saying that the Federal Reserve is still committed to keeping inflation within the 2% range, and the scale reduction will continue as planned. He added that it is expected to raise interest rates by 75 points. Initiatives will not become the norm, and the next meeting may raise interest rates by 50 or 75 ideas. The Federal Reserve announced 75 interest rate hikes, equalling the record of the largest rate hike in American history. As the market started two days earlier This penetration rate hike, the market's decline in the early two days has already reflected the intention of the Federal Reserve, and the funds are speculating in the market again. The three major stock markets in new york finally rose across the board, and the Dow Jones index rose by 1%; The S&P 500 index rose by 1.46%; The Nasdaq Composite Index rose 2.49%. To combat inflation, the Federal Reserve announced a 75-point interest rate increase in the early hours of this morning. Although this rate hike leveled the history of the Federal Reserve The biggest single interest rate increase since the beginning of the year, but investors in the gold market had already been psychologically prepared. When the results were revealed, they didn't "unexpectedly" see 1%. A 0.75% interest rate increase by the Federal Reserve became good news, and the gold market turned positive. Go up; The lowest gold price was $1807.6, and the highest gold price was $1842, closing at $1843.9, down $25.4. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-15

June 15th Today's amplitude range It is expected that the Federal Reserve will show a tougher hawkish stance in order to combat inflation. Yesterday, the market raised the probability of raising interest rate by 0.75% this week to 90%. The gold market gradually digest that news of steep interest rate increase, Two days in a row. Tomorrow morning, the Federal Reserve will announce the results of interest rate discussion, which may throw up waves again, and the people's market will remember to stop the erosion. It is suggested that today's wave is between $1,792 and $1,828. According to the report of Reuters, China's foreign exchange balance in May was 21.32 trillion yuan. According to Reuters's calculation, the net outflow of foreign exchange from the mainland last month was nearly 9 billion yuan. This reflects the recent urgency of RMB. The phenomenon of falling also reveals the seriousness of foreign capital leaving. Coincidentally, there is evidence that foreign capital in Hong Kong is also withdrawing, and the HKMA has re-entered the market to take over nearly HK$ 4.4 billion. It was announced last Thursday that the banking sector in Hong Kong The aggregate balance decreased to less than HK$ 315.6 billion. Hong Kong stocks opened lower and closed higher, but rose less than a little. Following the decline of European and American stock markets, the Hang Seng Index opened 284 points lower and finally closed at 21,067 points. Investor sentiment is still trapped. Against the backdrop of the war in Eastern Europe, worsening inflation and interest rate hike, European stock markets have failed to rebound after falling for several days. Schnabel, Executive Director of the European Central Bank, said that he would use existing and potential new tools to deal with new emergencies, describing that monetary policy can effectively deal with the disorderly repricing of risk premium. Schnabel's words On implied support for the European Central Bank to raise interest rates early to suppress inflation. The three major European stock indexes fell for 6 days in a row, and the German DAX index fell by 0.91%; Paris CAC index fell by 1.2%; Britain's FTSE 100 index fell 0.25%. Last night, the Federal Reserve started a two-day meeting on interest rates, and the results of the meeting will be announced in the early morning of June 16th. The market pressed the Federal Reserve to speed up the rate hike, and the yield of 10-year U.S. Treasury bonds rose above 3.5%. With more hedge funds leaving the risk market, new york's three major stock markets finally developed independently, and the Dow Jones index fell by 0.49%; The S&P 500 index fell 0.38%; The Nasdaq Composite Index has dropped too much recently, Survived the decline yesterday and rebounded by 0.18%.   It is expected that the Federal Reserve will show a tougher hawkish stance in order to combat inflation. Yesterday, the market raised the probability of raising interest rate by 0.75% this week to 90%. The gold market digested the news of the steeper interest rate hike one after another, and fell for two consecutive days. The price of gold once rebounded, but the haze of raising interest rates lingered, and finally it ended in a market decline. The highest price of gold was $1,831.7, and the lowest price was $1,805.2, closing at $1,808.5, down $11. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-14

June 14th Today's amplitude range The gold market broke through for two consecutive days, with both high and low volatility exceeding $50, resulting in double-killing. Before the result of the Fed's interest rate discussion this week, the probability of the market raising interest rate by 0.75% this week increased to 40%. A steeper interest rate hike is expected to be the perfect storm to make the gold market churn. In the past two days, the price of gold will not rule out more drastic fluctuations, and the people's market should keep in mind to stop the erosion. It is suggested that today's wave be between $1808 and $1832. China's consumer price index once again peaked, with an increase of 8.6% from the previous month, the highest level in nearly 40 years. Figures show that inflation in the United States continues to deteriorate, investors are worried about the economic slowdown, and U.S. stocks fell by more than 10% last week. 5%, the Hong Kong stock market opened following the decline, opening lower by nearly 640 points or 2.95%. In the afternoon, the offshore RMB exchange rate reflecting foreign investment in the mainland fell by more than 4% against the US dollar, which once dragged down the Hang Seng Index by 21,000 points. Before the market closed, the decline narrowed, finally referring to the closing price of Shengsheng, which fell by 738 points or 3.4%. It closed at 21,067, and 21,000 points were recovered. The European Central Bank announced last week that it would start raising interest rates by 0.25% in July, and the President of the European Central Bank pulled Gard also changed his previous vague policy, clearly stating that inflation continues to rise and that the European Central Bank will raise interest rates step by step, which means that the euro zone will end the era of negative interest rates that has been maintained for more than eight years. The market is concerned about the pace of interest rate hikes by many central banks this week, and the risk market continues to see a selling tide. The three major European stock indexes all fall, and the German DAX index falls by 2.43%; Paris CAC index fell by 2.67%; hero The FTSE 100 index fell by 1.53%. Global inflation continues to rise. Last week, the University of Michigan Consumer Confidence Index showed that long-term inflation expectations destroyed the purchasing power of the market. American media It is reported that the Federal Reserve will not limit the interest rate increase policy mentioned in its earlier meeting in this week's interest rate meeting, that is, it will announce another interest rate increase of 50 points this month, and increase the possibility of a direct interest rate increase of 75 points. It is an accident to raise interest rate by 1%! The three major Wall Street stock indexes plunged more than 2% for three consecutive days, and the Dow Jones index fell 2.79%; The S&P 500 index fell 3.88%; The Nasdaq Composite Index fell 4.68%.   Market report Bank of America JPMorgan Chase reported that it is expected that the Federal Reserve will level the record of the largest interest rate hike in history, with an interest rate increase of 0.75%. This directly overthrew the Federal Reserve Chairman Powell after the last interest rate meeting Speech, he said at the time, "ruled out the possibility of a single interest rate increase of 75 points in the future. The market also raised the probability of raising interest rate by 0.75% to 40% this week, the US dollar index rose above 105 points, and the price of US Treasury bonds was heavy. Frustrated, the yield of US 10-year Treasury bonds rose to the highest level in more than 10 years to 3.3%; It is the highest level since 2018 and the highest level since 2011. Obviously, the price of gold is under pressure, and the high and low volatility falls close. $60, with the highest price of $1,879.1 and the lowest price of gold of $1,819.1, and finally closed at the low price of $1,819.5, down by $52.1. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-13

June 13th Today's amplitude range Russia and its partners, together with the western countries led by the United States, have fought a war of attrition on both military and economic levels! However, the prolonged war also worsened global inflation, and the annual inflation rate in the United States peaked again. Last Friday, bulls bet that the Fed would not raise interest rates vigorously, so as not to hit the economy. The market is highly concerned about the results of the interest rate meeting of the United States Federal Reserve, which was unveiled in the early morning of June 16th. Actually, the nominal interest rate is still calculated. The key to real inflation; With the inflation of gold price moving up its fluctuation space, the short-term has found support at 1850 yuan. It is suggested that today's wave is between $1855 and $1878. Last week, there were signs that the mainland government was deregulating the Internet industry. The mainland media reported that some online games were approved by the mainland and got the batch number on the shelves, contrary to the earlier Chinese president's hand. The impression of the policy of controlling online games, the market hopes that the supervision will further loosen the technological industry. In addition, foreign media reported that the Chinese government had completed the review of Ant Group and allowed it to restart its listing and offering. Plan, but the two sides denied this arrangement, but there is no reason for it. It is only time for ants to re-list after observing the recent positive performance of the Chinese government and changing the previous regulatory policy that stretched too long. Intersexual problems. Hang Seng Index closed at 21,806 points, up 724 points or 3.4% for a week. Last Thursday, the European Central Bank announced the result of the interest rate discussion and kept the interest rate unchanged. However, after the meeting, it was revealed that it was predicted to start raising interest rates by 0.25% in July. European Central Bank President Lagarde also changed the previous vague policy, clearing It shows that inflation continues to rise, and the European Central Bank will raise interest rates step by step, which means that the euro zone will end the era of negative interest rates that lasted for more than eight years. The signal of raising interest rate triggered a wave of stock selling, which summed up for a week. The three major European stock indexes fell across the board, with Germany's DAX index falling 4.82%; Paris CAC index fell 4.6%; Britain's FTSE 100 index fell 2.86%. Global inflation continues to rise, and the World Bank cuts this year Global growth to 2.9%, while sounding the alarm that if the inflation rate continues to be high, there is a chance of stagflation. Investors are worried about the economic slowdown. Last Wednesday, U.S. stocks reversed their upward trend and began to fall. Last Thursday, the news that the European Central Bank raised interest rates early and the unfavorable data that the annual inflation rate in the United States peaked again intensified. The decline of U.S. stocks. In a week, the three major stock indexes of Wall Street fell by more than 5%, and the Dow Jones index fell by 4.58%; The S&P 500 index fell 4.99%; The Nasdaq Composite Index fell 5.61%. Jinshishang Last Friday, the U.S. consumer price index peaked again, with an increase of 8.6% from the previous month, indicating that inflation in the U.S. continues to deteriorate, while the consumer confidence index of the University of Michigan reported that 50.2 was worse than expected. It was also revealed that under the condition of worsening inflation, the negative views of the public, the bulls in the gold market made an excuse to attack, and the price of gold surged by more than 50 US dollars after bottoming out. Last Friday, the highest price was 1876. USD, the lowest gold price was USD 1825.1, and finally closed at USD 1871.6. In a week, the price of gold rose by $20.50. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-10

June 10th Today's amplitude range The president of the European Central Bank issued an early warning to lower the economic growth of the euro zone this year and next. The euro fell against the US dollar, and the US dollar index rose, crossing 103 points strongly. The price of gold came after the announcement of the European Central Bank. Under pressure, the market will pay attention to the core consumer price index of the United States, which will be unveiled tonight; The price of gold will still fluctuate between $1,830 and $1,870. Today, it is suggested to fluctuate between $1,838 and $1,852. Some foreign media reported that the Chinese government had completed the review of Ant Group and allowed it to restart the listing and offering plan, but both sides denied that there was such an arrangement. However, there was no reason for this, so we could observe the recent accumulation of the Chinese government. Extremely, it's only a matter of time before ants are listed again, instead of the previous regulatory policy that stretched too long. Because of the epidemic situation in the mainland, some communities have been closed down again, and it is reported that the European Central Bank will raise interest rates in advance. Hong Kong stocks opened higher and closed lower, while the Hang Seng Index fell 145 points or 0.66% to close at 21,869 points. The European Central Bank (ECB) held interest rates yesterday and announced that it would keep them unchanged. However, after the meeting, it was announced that it would end its asset purchase plan in July. Under the net purchase operation, and plans to start raising interest rates by 0.25% in July, European Central Bank President Lagarde changed the previous vague policy, clearly stating that inflation continues to rise, and the European Central Bank will raise interest rates step by step, which means The euro zone will end the era of negative interest rates that lasted for more than eight years. The signal of raising interest rates triggered a wave of stock selling, with the three major European stock indexes falling by more than 1% across the board, and the German DAX index falling by 1.71%; Paris CAC index fell by 1.4%; Britain's FTSE 100 index fell by 1.54%. European Central Bank Raising interest rates in the first quarter indicates that it will raise interest rates next month and end the negative interest rate environment this year. It shows that the Russian invasion of Ukraine worsened inflation in Europe, and the European Central Bank had to raise interest rates to regulate prices. Investors are worried about Europe The signal of a strong interest rate hike in Europe will spread to the United States, and the labor data of the United States is worse than the market expectation. The three major stock indexes of Wall Street fell by more than 2%, and the Dow Jones index fell by 1.94%. The S&P 500 index fell 2.38%; Nas The Nasdaq Composite Index fell 2.75%. The gold market oscillated downward. The president of the European Central Bank issued an early warning to lower the economic growth of the euro zone this year and next. The euro fell against the US dollar, and the US dollar index rose, crossing 103 points strongly. After the announcement of the European Central Bank, the price of gold was obviously under pressure. The highest price of gold was $1,855.4, and the lowest price was $1,840.1, closing at $1,847.9, down $5.3. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-09

June 9th Today's amplitude range As the war in Eastern Europe lasted for more than three months, and the energy and food prices continued to soar, triggering global inflation, the World Bank warned that the global economy had a chance to decline, and the market was concerned about the European interest rate meeting which opened tonight. And the core consumer price index of the United States to be released tomorrow; The price of gold will still fluctuate between $1830 and $1870. Today, the suggested range of yesterday, namely $1842 to $1864, will be retained. According to mainland media reports, some online games have been approved by the mainland, and the batch number has been put on the shelves. Contrary to the earlier impression of the President's policy of reaching out to control online games, the market expects that the technology industry will be further regulated. Songtie, the news stimulated Alibaba and Tencent to rise nearly 10% and 7% respectively. The turnover of Hong Kong stocks also surged to more than 800 billion yuan, and the Hang Seng Index finally closed at 22,014 points, up 482 points or 2.2%. Hong Kong stocks were active in buying yesterday, rising above 22,000 points. Today's uptrend is expected to continue. Due to the Russia-Ukraine war, the World Bank sharply lowered its economic growth forecast for Europe in 2022, which was predicted from January this year. 4.2%, a sharp cut of 1.7% to 2.5%, which added to the gloom of the risk market. In addition, the market was observing the European interest rate meeting which opened tonight. The three major European stock indexes fell across the board, and the German DAX index fell by 0.77%. Paris CAC index fell 0.8%; Britain's FTSE 100 index fell 0.1%. Global inflation continues to rise, and the World Bank lowered the global growth rate to 2.9% this year. At the same time, it sounded the alarm that if the inflation rate continues to be high, it may cause stagflation. Investors are worried about the economic slowdown, U.s. stocks end two consecutive gains. The three major Wall Street stock indexes fell across the board, with the Dow Jones index falling 0.81%; The S&P 500 index fell 1.08; The Nasdaq Composite Index fell 0.73%. With more than three wars in eastern Europe In June, the rising energy and food prices triggered global inflation. The World Bank warned that the global economy had a chance to decline. The market was concerned about the core consumer price index of the United States to be released tomorrow, and the gold market fluctuated all day. There were The volatility increased, with the highest price of gold reaching $1,859.7 and the lowest price reaching $1,844.6, closing at $1,853.2, up by $0.9. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-08

June 8th Today's amplitude range The U.S. Energy Administration reported a sharp increase in the crude oil price forecast this year, and said that the oil price is expected to be high until next year. On the other hand, US Treasury Secretary Yellen said that the US inflation forecast in Biden's budget 4.7% annual rate may be raised; The price of gold has taken on the trend and once again entered the fluctuation space of $1,830 to $1,870. Today, the suggested volatility is $1,842 to $1,864. Hong Kong stocks threw back again and again yesterday. With the recent sharp rise in prices, the Reserve Bank of Australia said that under the pressure of inflation, the central bank had to take stronger measures to suppress inflation, and announced an interest rate increase of 0.5% to 0.85%. Hong Kong stocks opened lower by less than 80 points, and then rose by 90 points, but the Reserve Bank of Australia unexpectedly raised interest rates by 25 points. The news dragged down Hong Kong stocks and finally closed down. The Hang Seng Index finally closed at 21,532 points, down 122 points or 0.56%。 The Reserve Bank of Australia unexpectedly raised interest rates by 50 points, which was more violent than market expectations. Investors generally recognized that inflation enterprises in Europe were more serious than those in Australia, and worried that the European Central Bank might Will have a better performance at this week's interest rate meeting; The three major European stock indexes fell slightly, and the German DAX index fell by 0.67%; Paris CAC index fell by 0.74%; Britain's FTSE 100 index fell 0.14. %。 In April, the export figures of the United States rose by nearly 5%, while the population figures dropped by about 10%, and the trade deficit narrowed sharply, with an overall drop of 19%, breaking the biggest drop on record. Data attracts more investment Investors are optimistic about the profit prospects of American companies. The three major stock indexes on Wall Street rose across the board, with the Dow Jones index rising by 0.8%. The Standard & Poor's 500 Index and Nasdaq Composite Index also rose by 0.94%. Saudi Arabia Xuan Cloth will also increase the official selling price of crude oil delivered in July. The US Energy Administration reported a sharp increase in the crude oil price forecast this year, and said that the oil price is expected to be as high as next year. On the other hand, US Treasury Secretary Yellen It is said that the 4.7% annual rate of US inflation forecast in Biden's budget may be raised; The price of gold rose on the trend, with the highest price of $1,855.6 and the lowest price of $1,837.1, closing at $1,852.3, up $10.2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-07

June 7th Today's amplitude range Saudi Arabia announced an increase in the official selling price of crude oil delivered in July, and the international crude oil price hit 120 dollars a barrel again. Investors were worried that inflation would intensify and the Federal Reserve would become more eagle, with 10-year treasury bonds. The interest rate is up to 3%, depressing the price of gold. The gold price has the opportunity to try last week's low again, and today's suggested volatility is $1,832 to $1,844. Observing the consumption during the Dragon Boat Festival holiday in the Mainland, it describes that the market is recovering well, the Shanghai and Shenzhen stock markets are rising, and Hong Kong stocks are finally losing two consecutive days. Hong Kong stocks opened 200 points higher yesterday, and there was a rumor that the mainland would release the application of Didi Chuxing. Program, which was previously listed in the United States, was audited by mainland authorities for nearly a year due to network security reasons, during which the company's application program was required to be removed from the shelves. Market longing for China's politics The government released the science and technology network industry, and the science and technology network stocks were greatly improved, driving Hong Kong stocks back to the high level in the past two months. The Hang Seng Index finally closed at 21,653, up 571 points or 2.7%. Chinese consumer activities showed up during the Dragon Boat Festival holiday. The best rebound since the COVID-19 outbreak, coupled with investors' expectation that the Chinese government would relax its earlier regulation of various industries, is conducive to the restart of the supply chain and the global economic rebound. Three major European stock indexes across the board Up by more than 1%; German DAX index rose by 1.33%; Paris CAC index rose by 0.98%; Britain's FTSE 100 index rose by 1.07%. The media application for reporting Didi Chuxing will be put on the shelves again this week. The market thinks it's a signal from the Chinese government to relax the supervision of the Internet-surfing industry, and the news describes some parts of China during the Dragon Boat Festival holiday. It showed the best consumption activity after the outbreak of the COVID-19 epidemic, and boosted the market's interest in China Stock Exchange. As a result, US stocks opened higher, but the price of US Treasury bonds fell, and the yield of 10-year Treasury bonds rose to 3%. The increase of the three major stock indexes in Shanghai Street narrowed, and the Dow Jones index rose by 0.05%; . The S&P 500 index rose 0.31%; The Nasdaq Composite Index rose 0.41%. Oil-producing countries agreed in principle earlier to increase daily from July. Production, to make up for some of the vacancies of Russian oil embargoed by Europe and the United States, but Saudi Arabia, the largest oil producer, announced yesterday that it would also raise the official selling price of crude oil delivered in July, the international crude oil price. Once again, it hit $120 a barrel. Investors are worried that inflation will intensify, and the tight monetary policy of the Federal Reserve will continue. The yield of the 10-year U.S. Treasury bonds will rise to 3%, and the gold market will fall under pressure. The highest price of gold is 1857.9. USD, with the lowest price of USD 1840.7, closed at USD 1842.1, down USD 9. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-06

June 6th Today's amplitude range The war in Ukraine continued, which led to high oil prices and increased global production costs. Inflation in Europe and the United States continued to deteriorate, reaching more than 8% at the same time. The central bank unanimously launched a policy of interest rate increase to control it. Inflation. The interest rate reflects the cost of holding gold, but the market is gradually digesting the rising interest rate. With the aftermath of inflation, it is expected that the price of gold will still fluctuate this week. Today's suggested volatility is $1847 to $1860. Dollars. The number of infections in the mainland of COVID-19 has dropped, and the central government has promulgated measures to relax the epidemic control in Beijing and Shanghai, which will help various economic activities to return to normal. In addition, China's Ministry of Finance called yesterday Open a national conference on financial support to stabilize the economy, encourage all provinces and cities to complete the issuance of special local bonds in June, and get them to the paying enterprises before the end of August to support small and medium-sized enterprises to solve their problems. Summarize for a week, The Hang Seng Index rose 1.86% or 384 points to close at 21,082 points. The European Commission released the business and consumer confidence index of the euro zone in May, with the data rising from 104.9 points in April to 105.0 points. European stock markets took a small step at the beginning of the week. Up, but affected by the Russian-Ukrainian war, the global prices of food and energy have soared, and the inflation in Europe has risen above 8%, peaking for the fifth consecutive month. The news that the European Central Bank raised interest rates in advance to suppress inflation is lingering. No, under the pressure of interest rate increase, the three major European stock indexes fell across the board; In a week's summary, Germany's DAX index fell by 0.01%; Paris CAC index fell by 0.47%; Britain's FTSE 100 index rose 0.69%. The U.S. stock market fell last week. Global inflation continues to deteriorate. U.S. Treasury Secretary Janet Yellen said that U.S. inflation may continue to rise, saying that the Federal Reserve is actively taking necessary actions, while U.S. employment data is strong. In May, the number of non-agricultural jobs in the United States increased by 390,000, which was higher than the market expectation. Investors expected that the interest rate hike environment in the United States would be prolonged, and the risk assets would be frustrated. The three major stock indexes in new york all went down. In a week, the Dow Jones index fell. 0.94%； . The S&P 500 index fell 1.2%; The Nasdaq Composite Index fell 0.98%. U.S. Treasury Secretary Yellen spoke last week, admitting that he underestimated the growth rate of inflation, especially the high oil price, and did not rule out the United States. Inflation will worsen further, and the Federal Reserve is taking necessary measures. Last week, the gold market made a false breakthrough for two consecutive days, reaching a minimum of $1,828.5 on Wednesday, rising above $1,870 on Thursday, and non-agricultural on Friday. Good data, hit the gold market, the price of gold closed at $1851.1 last week, and after a week's summary, the price of gold dropped slightly by $2.2. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-03

  June 3rd Today's amplitude range The market pays attention to the non-agricultural data. In May, the number of non-agricultural employment in the United States changed unexpectedly, with only 128,000 new jobs, far below the market expectation of 300,000. The data made the price of gold once rise above $1,870, and the price of gold is strong. As long as it can really rise above $1,878, it can catch up with last month's high of $1,892. The suggested volatility today is $1,866 to $1,880. The Census and Statistics Department announced that the port cargo throughput in the first quarter of this year decreased by 13.8% year-on-year. The reason for the low data was the shortage of supply chain caused by the global outbreak of Covid-19, and the recent figures could not reflect the reality. However, the throughput of container handling in Hong Kong will be gradually eroded by the mainland, and the result is inevitable! With the advantages of the mainland in geography and manpower, the main reason is that Hong Kong used to be a transit port, and the specific preferential tax enjoyed by goods exported to the United States was cancelled by the United States last year after the second reunification of Hong Kong. Hong Kong stocks escaped the "Five Poor Months" and rose by 325 points throughout May. However, in the first two trading days of the "Six Poor Months", the Hang Seng Index fell another 1% or 212 points yesterday to close at 21,082 points. The recent performance of Hong Kong stocks completely follows the trend of U.S. stocks, which rose sharply last night. The Hang Seng Index should rebound today. Affected by the war between Russia and Ukraine, the global prices of food and energy have soared, and the inflation in Europe has risen above 8%, peaking for the fifth consecutive month. Some media reported that Saudi Arabia, one of the oil group countries, was considering the request of the United States and agreed to increase the daily oil production to offset the gap caused by the embargo of Russian oil. If this news is true, it will help to stop the violence of international oil prices. On the other hand, the news that the European Central Bank raised interest rates in advance to suppress inflation has gradually been digested, and the German DAX index rose by 1.01; Paris CAC index rose by 1.27%; The UK is closed for holidays. Investors pay attention to the labor data of the United States. The data of small and non-rural areas are far worse than expected. The Dow Jones index once fell by nearly 300 points, but the US Federal Reserve Meister came out to reassure them that they are tightening monetary policy to control prices. The work of the Federal Reserve has reduced the number of job vacancies, and it is quite certain that the unemployment rate will not have much impact. Finally, the three major Wall Street stock indexes rebounded strongly across the board, and the Dow Jones index rose by 1.33%; . The S&P 500 index rose by 1.85%; The Nasdaq Composite Index rose 2.69%. The market pays attention to the non-agricultural data. After the market opened yesterday, the lowest price of gold was only lowered by about $2, and the lowest price was only $1,844.2. By the time the United States announced the change of non-agricultural employment in the United States last month, the number was unexpectedly low, with only 128,000 new jobs created, far below the market expectation of 300,000. The data made the price of gold soar, once rising above $1,870, the highest price was $1,870.5, and the highest price was $ 1,870.5. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-02

June 2nd Today's amplitude range Global inflation is worsening, and central banks are rushing to raise interest rates. The United States Federal Reserve announced that it will start a new rate hike cycle in May, while the central banks of New Zealand, Canada and the United Kingdom have raised interest rates three times in a row, and the European Union will also Raising interest rates ahead of schedule, which made the market's strong expectation for the US dollar slightly closed. The price of gold broke through yesterday, once falling below $1,830, and then quickly rebounded to $1,850. The gold price once again entered 1840-1870. The volatile area of the US dollar. The suggested volatility today is $1,842 to $1,856. The first-stage vouchers of the second phase distributed by the Hong Kong government played a role. The retail sales in April announced yesterday were provisionally estimated at HK$ 30.2 billion, up 11.7% year-on-year, far exceeding the market expectation of a drop of about 8%. It is obvious that consumers' consumption mentality of buying early and enjoying early has stimulated local consumption. However, last month's Caixin China Manufacturing Purchasing Managers Index published by the mainland was below 50 points for three consecutive months, and it was in a contraction range for a long time. Yesterday, investors stopped earning, and the Hang Seng Index finally closed at 21,294, down 120 points or 0.56%. Due to the sharp rise in food and energy prices, European inflation has risen above 8% level, and some members of the European Central Bank support early In July, the interest rate was raised to 0.5% to suppress the inflation momentum. Their remarks were more eagle than the 0.25 implied by the governor of the central bank earlier. The news caused the three major European stock indexes to fall across the board, and the German DAX index fell by 0.33%. Paris CAC index fell by 0.37%; Britain's FTSE 100 index fell 0.98%. U.S. Treasury Secretary Janet Yellen admitted to underestimating the growth rate of inflation, saying that the Federal Reserve would actively take necessary actions. The words just fell, and San Francisco Fed President Daley said yesterday that she supported a sharp increase in interest rates until inflation leveled off. Interest rate, as a dove before her, was also so radical. The pressure of the risk market on the Fed to raise interest rates rose, the three major stock indexes on Wall Street fell across the board, and the Dow Jones index fell by 0.54%; The S&P 500 index fell. 0.75%； The Nasdaq Composite Index fell 0.72%. Inflation in the United States may continue to rise, and the market's gloom over the Fed's interest rate hike will widen. However, the price of gold is unexpected, falling first and then rising. Under the expectation that the US dollar will raise interest rates. At the previous 102-point level, the price of gold fell under pressure in the early stage, with the lowest price of $1,828.5. However, when it entered the US market, the price of gold rose sharply by $14, with the highest price of $1,850. With the support of members of the European Central Bank The interest rate was raised to 0.5% early in July, and Canada announced a 0.5% interest rate increase. The expected value of the US dollar was diluted, and the gold price finally closed at 1846.7 US dollars, up 9.2 US dollars. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-06-01

June 1st Today's amplitude range US President Biden met with Federal Reserve Chairman Powell, and agreed that the Federal Reserve should fight inflation as its top priority. US Treasury Secretary Yellen later spoke, acknowledging that the growth rate of inflation was underestimated, especially The high oil price does not rule out the further deterioration of inflation in the United States, and the Federal Reserve is taking necessary measures. The yield of US dollar and US ten-year Treasury bonds rose, which suppressed the price of gold in the past week. At the toughness of $1840, the gold price becomes more critical at $1832. If it falls below, it may be necessary to try the support of $1800 again. The suggested volatility today is $1,830 to $1,846. Yesterday, the mainland announced the purchasing managers' index of manufacturing industry in May, with a figure of 49.6 points, which was higher than the expected 48 points. Hong Kong stocks rose for three consecutive days and got rid of the curse of "five poor months". Hong Kong stocks opened lower yesterday After less than 20 o'clock, it turned up. After that, the mainland announced that the manufacturing data had been made well, which stimulated buying to enter the market actively. The Hang Seng Index finally rose by 291 points or 1.38% to 21,415; For the whole month, it rose by 325 points or 1.54%. Russian invasion of Ukraine, coupled with China's policy of closing cities in response to the COVID-19 epidemic, led to a sharp rise in global prices. Inflation in the euro zone peaked, and the consumer price index rose by 8.1% year-on-year in May. The 7.8% rate is high, and the expectation of "early" interest rate increase by the European Central Bank becomes more and more real! Under the pressure of interest rate increase, the German and French stock markets fell by more than 1%, and the German DAX index fell by 1.29%; Paris CAC means The number fell by 1.43%; Britain's FTSE 100 index rose 0.1%. The U.S. stock market came back from the holiday and ushered in a fall. Global inflation continues to deteriorate. U.S. Treasury Secretary Janet Yellen said that U.S. inflation may continue to rise, saying that the Federal Reserve is actively taking necessary actions. Investor expectation The environment of interest rate increase in the United States will be prolonged, and risky assets will be frustrated. The three major stock indexes of new york will drop across the board, and the Dow Jones index will drop by 0.67%. . The S&P 500 index fell 0.53%; The Nasdaq Composite Index fell 0.41%. US President Biden met with Federal Reserve Chairman Powell, and agreed that the Federal Reserve should take combating inflation and stabilizing prices as its top priority. U.S. Treasury Secretary Yellen later spoke, admitting that he underestimated the growth rate of inflation, In particular, the high oil price does not rule out the further deterioration of inflation in the United States, and the Federal Reserve is taking necessary measures. Investors are worried that the US interest rate will become steep, and the US dollar and US 10-year Treasury bonds will breed. The interest rate rose, which hit the fall of gold price. The lowest price of gold was $1,835.2, the highest price was $1,857.2, and finally it closed at $1,837.5, down $17.6. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-05-31

May 31st Today's amplitude range The war in Russia continued, resulting in high oil and food prices. The inflation data released by Europe yesterday rose sharply. It seems that the argument of the European Central Bank's "early" interest rate hike is not a wolf, and the US dollar is relatively ahead. The advantage is gradually being approached, and the US dollar index has recently hovered below 101.5, supporting the gold market's rise. The market is gradually digesting the negative energy of rising interest rates, and under the aftermath of inflation, it believes in the price of gold. Will continue to fluctuate between 1840 and 1870. The suggested volatility today is $1,846 to $1,864. The epidemic situation in the mainland is expected to improve, and the central government has promulgated measures to relax the epidemic control in Beijing and Shanghai, which will help all economic activities to return to normal. In addition, the Chinese Ministry of Finance yesterday Hold a national conference on financial support to stabilize the economic market, encourage all provinces and cities to complete the issuance of special local bonds in June, and get them to paying enterprises before the end of August to support small and medium-sized enterprises to solve their problems. Two items The news boosted market sentiment. Hong Kong stocks opened nearly 240 points higher, and then buying increased one after another. The Hang Seng Index finally returned to the level of 21,000 points, closing at 21,123 points, up 426 points or 2.06%. The European Commission released the business and consumer confidence index of the euro zone in May yesterday. The data rose from 104.9 points in April to 105.0 points. Although the figure only slightly increased, it still performed better in geopolitics. It is expected to be high enough to support venture capital. Taking on the rising trend of Asian stock markets, the three major European stock indexes rose across the board, and the German DAX index rose by 0.79%; Paris CAC index rose by 0.72%; Britain's FTSE 100 index rose 0.22%. The US stock market was off yesterday. The market is closed. It is expected that the Federal Reserve will successfully control inflation in the market, and the US dollar index has recently dropped at a high level. In addition, the inflation data released by Europe yesterday showed that the inflation rate in Spain increased to 8.5% in May, Germany's adjusted annual inflation rate reached 8.7% this month. This high inflation level finalized the argument that European Central Bank Lagarde mentioned the possibility of raising interest rates "early" last week, and the US dollar index hit 101.3 points, supporting the rise of gold price. The lowest price of gold is $1,847.8, the highest price is $1,864.1, and finally it closed at $1,855.1, up $1.9. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-05-30

May 30th Today's amplitude range The war in Ukraine continued, which led to high oil and food prices, and at the same time stimulated inflation, which increased the global economic burden. Central banks all over the world unanimously launched the policy of raising interest rates to control inflation. Interest rate The level reflects the cost of holding gold, but the market is gradually digesting the negative energy of rising interest rates. Under the aftermath of inflation, I believe the price of gold will fluctuate. Today, the volatility suggested last Thursday is still maintained, that is, 1842. To $1,861. With the rebound of a new epidemic in China, the downward pressure on the economy is gradually increasing. Following the announcement of the reduction of loan interest rates for loans over five years in China, the Ministry of Finance of China requires the financing guarantee institutions of local governments to release We should extend credit and speed up approval, and lend to qualified industries as soon as possible, so that new water can enter the market, and ultimately help SMEs tide over the difficulties. Chinese Premier Li Keqiang presided over a conference called In the teleconference of "Stabilizing the National Economic Market", he also admitted that the domestic economy was full of crisis, and the market hoped that the mainland would introduce stimulus measures one after another. The Hang Seng Index finally narrowed its decline and closed at the newspaper. 20697 points, priced at one week, fell by less than 20 points. European Central Bank President Lagarde said that she would start raising interest rates in the third quarter ahead of this year. She said that inflation in Europe was coming due to the Russian-Bird War. It has been at a high level for nearly 40 years, but then Lagarde added that as long as inflation expectations are under control, the central bank will gradually adjust interest rates, implying that it will not raise interest rates by 0.5% at one time. Lagarde's suggestion made the market tension slow down, and Germany's GDP increased by 4% year-on-year in line with expectations. The three major European stock indexes rebounded across the board. In a week's summary, Germany's DAX index rose by 3.44%; Paris CAC index rose by 3.67%; Britain's FTSE 100 index rose 2.65%. Last week, U.S. stocks got rid of the decline in the past two months, and the three major stock indexes in new york opened higher and closed higher last week. The United States last Wednesday The minutes of last month's Fed meeting on interest rates predicted that the growth of personal consumption will enter the Fed's target range next year, which may mean that its interest rate increase policy and scale reduction will be effective, and the interest rate increase will begin this year. Cycle, which may end next year; In addition, most Fed officials supported raising interest rates by 0.5% in the next few meetings, which fulfilled market expectations. The US stock market has been down for more than seven weeks, and there are investors. Take the opportunity to get the bottom, contributing to the recent strength of U.S. stocks. The U.S. stock market has fallen for more than seven weeks, and investors took the opportunity to bottom out, which contributed to the strong rebound of U.S. stocks last week. In a week, the Dow Jones index rose by 6.24%; . The S&P 500 index rose 6.5%; Nasdaq The composite index rose by 6.8%. Benefiting from the market's expectation that the inflation problem in the United States is still serious, and the economic performance may decline, the gold market rose at the beginning of the week, and the price of gold repeatedly tried to break through $1,870, but the bears refused to let it go and stayed with the United States. The Federal Reserve announced the minutes of the meeting on interest rates, predicting that the growth of personal consumption will enter the target range of the Federal Reserve next year, which may mean that its policy of raising interest rates and shrinking the table will effectively suppress inflation, and the rise of gold prices will narrow. Last week, the gold price reached a low of $1,840.8 and a high of $1,869.8, and finally closed at $1,853.2, which rose by $6.6 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

2022-05-27

May 27th Today's amplitude range The price of gold is still subject to $1,870, and the price of gold took an early decline in the early stage, with the lowest price of $1,840.8. However, the data performance of the United States is worse than expected, and the GDP has shrunk. Although the number of unemployed people has performed well, the number of new jobless claims still stands at 200,000. The U.S. dollar index fell back below 102 points, stimulating the price of gold to rise, reaching a maximum of $1,868.1. However, European and American stock markets soared, and the risk ratio of market capital allocation finally fell by 2.4 USD. The market has a strong wait-and-see atmosphere. Today, there are PCE price index data closely watched by the Federal Reserve to see if it can provide a clear direction. Keep today's suggested range, that is, $1842 to $1861. With the rebound of a new round of epidemic situation in China, Shanghai has been closed for two months, and the epidemic situation is still not completely controlled. In addition, the momentum of infection in Beijing seems to be overwhelming, and the downward pressure on the economy is gradually increasing. The Premier of the State Council of China presided over a video conference called "Stabilizing the National Economic Market". The market expected that the mainland would introduce economic stimulus measures one after another. However, it still failed to stabilize the performance of Hong Kong stocks. The Hang Seng Index rose first and then fell, and the transaction was sluggish, closing at 20,116 points, down 55 points or 0.27%. Some international investment banks reported to their clients that they suggested to increase their holdings of European and emerging market stock markets, and earlier European Central Bank President Lagarde hinted that they would not raise interest rates by 0.5% at one time. Investors' risk appetite continues to expand, and the war between Russia and Bird has been completely forgotten. The three major European stock indexes have been rising for two days, and the DAX index of Germany has risen by 1.59%. Paris CAC index rose by 1.78%; Britain's FTSE 100 index rose 0.56%. It was announced that the gross domestic product of the United States in the first quarter fell by 1.5% year-on-year, which was worse than the market expectation. However, the market has fallen for more than seven weeks, and investors took the opportunity to bottom out, which contributed to the recent strength of U.S. stocks. In addition, the China Securities Regulatory Commission is still negotiating on the delisting of Chinese stocks listed in the United States, which has stimulated the sharp rise of Chinese stocks and US stocks. New york's three major stock indexes opened higher and closed higher, with the Dow Jones index up 1.61%; . The S&P 500 index rose by 1.99%; The Nasdaq Composite Index rose 2.68%. Yesterday, the United States released the minutes of last month's interest rate meeting of the Federal Reserve, predicting that personal consumption growth will enter the target range of the Federal Reserve next year. This may mean that its interest rate increase policy and scale reduction will be effective, and the interest rate increase cycle that started this year may end next year; In addition, most Fed officials supported raising interest rates by 0.5% in the next few meetings, which fulfilled market expectations, New york's three major stock indexes rose across the board in the early session, with the Dow Jones index rising by 1.61%; . The S&P 500 index rose by 1.99%; The Nasdaq Composite Index rose 2.68%. The gold market was still subject to $1,870 yesterday, and the gold price suffered an early decline in the early stage, with a minimum of $1,840.8. However, the performance of American data is uneven, and the GDP has shrunk. Although the number of unemployed people has performed well, However, the number of new jobless claims still stands at 200,000, and the U.S. dollar index has dropped below 102 points, stimulating the price of gold to rise, with a maximum of $1,868.1. However, the European and American stock markets rose sharply, and the market capital allocation risk ratio, the gold price closed at $1,850.8, down $2.4. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak