Gold market analysis

2022-04-28

April 28th Today's volatility range: The market is concerned about the news that Russia has stopped supplying natural gas to Poland and Bulgaria. The news makes the euro lower, and the Federal Reserve will tighten monetary policy sharply, which will cause more funds to pour into the US dollar. Breaking through the index 103 mark, gold was under pressure yesterday, and temporarily lost the support of 1890 yesterday. As the Russian-Ukrainian war continues, the long-term is still attractive, and the short-term gold is still weak, so it is possible to try the Russian-Ukrainian war again. It's $1,855 half-way up the waves. The suggested volatility today is $1,874 to $1,900. President Xi Jinping presided over the meeting of the Central Committee of Finance and Economics yesterday, proposing to comprehensively strengthen infrastructure construction and speed up the construction of new infrastructure, and demanding that China's economic growth rate this year surpass that of the United States. In addition, the distribution of e-consumption volume in the Mainland stimulated the Shanghai and Shenzhen stock markets to rise by 2.49% and 4.37% respectively. However, the A-share market's success has not brought Hong Kong stocks further. Although Hong Kong stocks fell first and then later The Hang Seng Index rose only 11 points or 0.06% yesterday. Poland and Bulgaria refused to pay Russian gas in rubles based on the principle of contract, and Russia immediately announced Stopping the supply of natural gas to Poland and Bulgaria, this news stimulated the price of natural gas in Europe to rise, coupled with China's increased infrastructure construction. The two news stimulated infrastructure shares and raw materials shares to do well, but instead, The three major European stock markets rose across the board, and the German DAX index rose by 0.23%; Paris CAC index rose by 0.48%; Britain's FTSE 100 index rose 0.53%. Yesterday, U.S. stocks were repeated, and Microsoft announced its results, reporting that its operating income increased by 18% year-on-year to 49.36 billion U.S. dollars, surpassing market expectations. Microsoft's share price rose by more than 3% and led the U.S. stocks upward; Unfortunately, Europe Russia stopped supplying natural gas to Poland and Bulgaria, which led to the worsening of the energy crisis. The trend in the middle of the U.S. stock market failed to remain strong. Finally, the three major indexes of the U.S. stock market showed different performances. The Dow Jones index rose by 1.42% from the highest, The increase before the market closed narrowed to 0.19%; The S&P 500 index once rose by 1.57%, but only rose by 0.21% at the close. The Nasdaq index rose by 1.7% from the highest, and fell by 0.01% at the close. Market clearance Note The news that Russia stopped supplying natural gas to Poland and Bulgaria caused the euro to fall. In addition, the Federal Reserve will tighten monetary policy sharply, which will cause more funds to flood into the US dollar, and the US dollar index broke through 103. Mouth, gold was under pressure yesterday. The highest price of gold is $1907.1. Under the European energy crisis, the exchange rate of the euro against the US dollar fell to a five-year low earlier, and the price of gold climbed down, with the lowest price being $1881.4. Dollars, and finally closed at $1,885.8, down $19.6. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-04-27

April 27th Today's volatility range: The signal of global economic deterioration is getting stronger and stronger, and the decline of European and American stock markets has increased the attractiveness of gold. However, it is obvious that the price of gold is still under pressure above $1,910. With the continuation of the Russian-Ukrainian war, it is necessary in the short term. Keep the bottom of 1890, and then the wave can be raised again. The suggested volatility today is $1,896 to $1,912. HSBC Holdings announced its quarterly results, and its revenue dropped by nearly 25%. Among them, the growth of Hong Kong, which provides the most stable revenue for the Group, also showed signs of slowing down, with a year-on-year decline of 45%. Research refers to the group's Europe's business was affected by the war between Russia and Ukraine, which led to rising inflation, and the European economy was still trapped by the COVID-19 epidemic. In addition, the group wanted to increase its efforts to expand the Greater China market, and it happened to meet the mainland's common prosperity policy. While the market is shrinking, it is more difficult to compete with mainland banks in terms of share. Nowadays, the COVID-19 epidemic has reappeared in mainland provinces and cities, and the short-term business prospects of HSBC, which is not a biological child, are even more challenging in the mainland. The exchange rate of RMB has plummeted in recent days. The People's Bank of China announced that in order to improve the ability of financial institutions to use foreign exchange funds, the reserve ratio of foreign exchange deposits of financial institutions will be reduced from 9% to 8%. This policy will make foreign currencies in the market The supply increased, thus pushing down the foreign currency interest rate and supporting the RMB exchange rate in disguise. The news stimulated the offshore RMB to bounce by 4%. The rebound of RMB exchange rate once stimulated Hong Kong stocks to rise by nearly 400 points, but mainland stocks When the market weakened, Hong Kong stocks also fell by 10 points. The Hang Seng Index finally closed at 19,934 points, rising by 65 points or 0.33%. The 20,000-point mark was lost. Russia's Foreign Ministry issued a warning that the United States and NATO sent a message to Ukraine. To provide weapons is to wage war with Russia as an agent, which is the real danger of triggering the Third World War. As a result of the war in Eastern Europe, Europe's economy has experienced rising inflation and economic slowdown. Coupled with the expected market effect of interest rate increase in the United States, it can be said that it is easy to fall but difficult to rise. Yesterday, the three major European stock markets developed separately, Germany DAX index fell by 0.12%; Paris CAC index fell by 0.54%; Britain's FTSE 100 index rose 0.07%. The COVID-19 outbreak in China has broken out in many provinces and cities, and investors are worried that the world's second largest economy will be frustrated, while Europe Russia-Ukraine war broke out again in Europe, which made the world inflation worse. The US Federal Reserve had to regulate the market with a stronger interest rate increase policy. However, at present, inflation is the culprit of quantitative easing to stimulate demand, but the supply chain The shortage of supply is another main reason for pushing up prices. The signal of global economic deterioration is getting stronger and stronger. Whether or not to get through stagflation still depends on how and when the Russian-Ukrainian war will be resolved. Under the COVID-19 epidemic, How can the global economy regain its vitality under tolerance and clearing? Belief is not an easy question to answer; As Federal Reserve Chairman Powell said last week, the United States may not be able to return to the economic model before the virus pandemic, and the efficiency of globalization has slowed down, which means higher Inflation and lower productivity! Last week, Netflix, a new online media, announced an unexpected drop in its membership in the first quarter, which caused its share price to drop by more than 5% yesterday. Investors were worried about the transcripts of Microsoft and Google, which announced their results one after another. It will also be disappointing, taking the lead in reducing its holdings, with the Nasdaq index representing technology stocks dropping by 3.95%. Under the geopolitics of Eastern Europe, the economic prospect is bleak, and the market expects the US economy to make a soft landing, which is a relatively optimistic view. Economic stocks are also under pressure, with the Dow Jones index falling 2.38%; The Standard & Poor's 500 Index closed down 2.81%. The People's Bank of China announced the reduction of the foreign exchange reserve ratio of financial institutions. The news stimulated the offshore RMB to bounce by 4%, and the gold price was one It rose to $1911.3, but it was obviously subject to $1910. After that, the gold price weakened and tested the support of $1900, and the lowest price was $1895.8. Finally, the U.S. stock market plunged, safe-haven funds flowed into the gold market, and the gold price finally reached $1905.4. The US dollar closed up $7.40. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-04-26

April 26th Today's volatility range: The monetary policy of the European Central Bank will lag behind that of the United States, providing a good news for the short-term trend of the US dollar. Coupled with the worsening epidemic situation in China, the market is worried that China's economic prospects will be dragged down and the US dollar will be relatively strong. The US dollar index hit a two-year high, and the Fed may have a steeper rate hike strategy. The price of gold is under pressure, and the price of gold is testing the support of $1,900. However, the war between Russia and Ukraine continues, and I believe it will still be enough in the short term. The price of gold has fallen too deep. Suggested volatility today is $1,890 to $1,915. The epidemic situation in the Mainland is even more severe. There were 2,600 new infected people in Shanghai yesterday. The local government imposed a tough blockade on the city, and the first port city in China was shut down. In addition, the neighboring Hangzhou is still rumored to be closed, resulting in Residents fled, and there were cases of infection in Chaoyang District, Beijing. Shops were rushing for food. There are indications that the outside world has questioned the effectiveness of the mainland's persistence in dealing with the epidemic situation by dynamically clearing it. Shanghai and Shenzhen stock markets fell sharply; Hong Kong stocks opened lower by 350 points, then fell deeper and deeper, and the 20,000 mark also fell. Finally, the Hang Seng Index closed down by 769 points or 3.7%. Asian stock markets are crowded with COVID-19 epidemic in China. With the outbreak of 10 provinces and cities, investors are worried that the global economy will also be dragged down, and the war between Russia and Ukraine has always had a great impact on Europe. The Russian Foreign Ministry reiterated that nuclear weapons are not excluded from use, and the three major European stock markets are respectively Fell by more than 1%, and the German DAX index fell by 1.59%; Paris CAC index fell 2.01%; Britain's FTSE 100 index fell by 1.89%. US stocks opened lower and closed higher yesterday. The epidemic situation in the Mainland is getting worse and worse, and investors are worried that it will affect the global economic development. In addition, the market estimates that the US Federal Reserve is inclined to adopt more drastic measures to raise interest rates. According to the latest market survey, The probability of the Fed raising interest rate by 0.5% in May reached 97%, and the probability of raising interest rate by 0.75% in June also rose to 80%. U.S. stocks fell early, but international oil prices fell, and U.S. crude oil futures dropped by 5%, the lowest being 95%. A barrel of dollars, falling oil prices will cut the operating costs of enterprises, and with the news that Musk privatized Twitter with $44 billion, the new york stock market successfully rebounded, and the Dow Jones index rose by 0.71%; Standard & Poor's 50 index rose by 0.64%; Nasdaq index rose 1.29%. The European Central Bank's monetary policy will lag behind that of the United States, providing a good news for the short-term trend of the US dollar. In addition, the epidemic situation in China is worsening and the market is worried about China. The economic outlook will be dragged down, the US dollar is relatively strong, the US dollar index has reached a high of over two years, and it was close to the edge of 102 points. In addition, the market expects the US Federal Reserve to raise interest rates by more than 1% in May and June, and the gold price is basically unilateral. OK, and fell below the $1,900 mark. The highest price of gold was $1,934.5, the lowest was $1,891.6, and finally it closed at $1,898, down $34.4. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtak

2022-04-25

April 25th Today's volatility range: The war in Ukraine continues, threatening the global economy and raising the sentiment of safe-haven funds. However, the monetary policy of the European Central Bank will lag behind that of the United States, which will provide a good news for the short-term trend of the US dollar, but it will be unfavorable. Gold price. Recently, the U.S. Federal Reserve favors more drastic measures to raise interest rates, which will hit the gold market. It is expected that the price of gold may bottom out further, but it should be stable at $1,900. Today's suggested volatility is 1918. To $1,934. Affected by the epidemic situation in the Mainland, the official policy on online media is tightening, which has greatly dealt a blow to the development of online enterprises in the Mainland, and the employees of online giant enterprises are also facing unemployment; While the mainland market announced that it will drop today. 0.25%. However, the market's expectation that the official interest rate will be lowered after the announcement of the RRR cut has failed, which cannot further boost the risky assets; Coupled with the pressure of the expected interest rate hike in the United States, the Hong Kong stock market is in the post-Easter period That is, it fell for four days, and it was the third consecutive week of decline. The Hang Seng Index closed at 20,638 points, falling by 879 points or 4.1% in a week. European stock markets performed repeatedly last week. The profits of many large European companies in the market are higher than expected. In addition, European Central Bank President Lagarde said that the meeting of the European Central Bank in June will decide the timing of the next action based on the new data and reaffirm the euro zone economy. Unlike the speed of the United States, the policy of the European Central Bank is more about normalization than austerity. Lagarde's remarks once stimulated the rise of European stock markets in Europe, but the war between Russia and Ukraine has always had a great impact on Europe. The German Central Committee Last Friday, Bank of England warned that if the Russian-Ukrainian war escalated and the import of Russian energy was banned, local power generation and industrial production would be restricted, and the economy might shrink by 2%. In addition, Bank of England Governor Bailey warned of the recession. Increase, the three major European stock markets fell by 1.4% to 2.5% respectively on Friday. No wait, the one-day drop overshadowed all previous increases. In a week, the German DAX index fell by 0.15%; Paris CAC index fell 0.12. %； Britain's FTSE 100 index fell by 1.24%. The trend of U.S. stocks is the same as that of European stocks, but it has also gone up first and then down. Consumer and aviation stocks saw strong earnings growth, and the market expected strong economic growth, leading the rise of US stocks. But last Thursday, Federal Reserve Chairman Powell said that the United States China may not be able to return to its pre-virus-epidemic economic model. The Russian invasion of Ukraine has led to more economic problems, and the efficiency of globalization has slowed down, which means higher inflation and lower living standards. Productivity. Regarding the Fed's interest rate hike, Bowie said that a 50-point rate hike will be discussed at the meeting in May, and that many people in the Fed believe that one or more rate hikes of 50 basis points are appropriate. Federal Reserve Brad, another official, even said that he supported a 0.75% interest rate increase! It is expected that the interest rate curve of interest rate increase in the United States will be steeper this year. Under the pressure of rising interest rates, the three major stock markets on Wall Street will fall. In a week's summary, Dow Jones index fell 1.86%; The S&P 500 index fell 3.12%; Nasdaq index fell 3.86%. The Russian war continued, and the Russian army began to launch a new round of fierce offensive in eastern Ukraine. In his daily video speech, Zelenski said that Ukraine would never give up its resistance, and the situation further affirmed that the Russian-Ukrainian war would only We won't stop until the two sides win. Hedge funds once pushed the gold price close to the $2,000 mark, but it was unsustainable after the virtual fire. After Powell's speech, the market expected the Fed's interest rate curve to be even more Steep, which put pressure on the gold price. The lowest gold price was $1926.6, and finally closed at $1932.4. In a week, the price of gold fell by $41. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtakchat

2022-04-22

April 22nd Today's volatility range: Federal Reserve Chairman Powell said that the United States may not be able to return to the economic model before the virus pandemic, saying that the Russian invasion of Ukraine led to more problems of economic division. Obviously, the efficiency of globalization Has slowed down, which means higher inflation and lower productivity. Bowie said that a 50-point interest rate increase will be discussed at the meeting in May, and that many people in the Fed believe that one or more interest rate increases will be 0.5%. Is appropriate. It is expected that the Fed's interest rate curve will be steeper in the market, putting pressure on the gold price, and the gold price lacks direction. The positive and negative tests are supported by $1,952. The suggested volatility today is $1,940 to $1,958. Affected by the COVID-19 epidemic, the unemployment rate in Hong Kong has risen again. The Census and Statistics Department announced yesterday that the unemployment rate in Hong Kong rose to 5% in the first quarter of this year, up 50 points from 4.5% in the fourth quarter of last year, while the underemployment rate dropped from 2.3%. Rose to 3.1%. Luo Zhiguang, secretary of the Labor and Welfare Bureau, said that the labor market will continue to be under pressure in the short term. Apart from the unemployment problem faced by the local workforce, even the employees of the mainland's favored online giants are facing the same problem; Alibaba's R&D unit, Dharma Institute, reported that it would lay off 30% of its global workforce, and the mainland social platform Xiaohongshu also reported that it would lay off 20% of its workforce, although Xiaohongshu clarified that it was only a normal staff replacement. The company only eliminated unqualified staff, and only cut 10% of its staff, instead of 20% as reported by the media, and emphasized that the business development of the organization was generally stable. The mainland economy has obviously weakened, the renminbi has weakened, and Hong Kong stocks have also been significantly affected Hong Kong stocks opened 163 points lower, and finally closed at 20682 points, down 262 points or 1.25%. Lagarde, president of the European Central Bank, said yesterday that the European Central Bank needs to wait for the data to determine its next action, saying that instead of giving a forecast of raising interest rates on a certain day here, it is better to wait until the data are available before making a decision. She added, The meeting of the European Central Bank in June will decide the timing of the next action based on the new data, reiterating that the speed of the euro zone economy is different from that of the United States, and the policy of the European Central Bank is more about normalization than austerity. Lagarde's remarks make Europe The European stock market loosened again, the three major European stock markets rose across the board, and the German DAX index fell by 1.07%; Paris CAC index rose by 1.49%; Britain's FTSE 100 index rose 0.09%. Another heavyweight central bank governor also spoke yesterday, Federal Reserve Chairman Powell said that the United States may not be able to return to the economic model before the virus pandemic. The Russian invasion of Ukraine led to more economic problems. Obviously, the efficiency of globalization has slowed down, even There may be retrogression, and the lower efficiency of globalization means higher inflation and lower productivity. Regarding the Fed's interest rate hike, Bowie said that a 50-point rate hike will be discussed at the meeting in May, and it is appropriate to speed up the action. He also said that many people in the Fed believe that one or more rate hikes of 50 basis points are appropriate. Meilian Another official, Brad, said that he supported the interest rate increase of 0.75%! Yesterday, U.S. companies made good profits, which stimulated U.S. stocks to go higher. However, the market's concern about the Fed's interest rate hike offset the market's optimism. After Powell's speech, It is expected that the interest rate curve of interest rate increase in the United States will be steeper this year. Under the pressure of rising interest rate, the three major stock markets on Wall Street will fall, and the Dow Jones index will fall by 1.05%. The S&P 500 index fell by 1.44%; Nasdaq index fell 2.07. %。 Yesterday, the gold market fell when it opened. Although the bearing capacity of $1,950 was repeatedly tested in the middle, the opening price of $1,957.5 was a full-day high. Many Fed officials thought it appropriate to raise interest rates by 0.5% one or more times. Market expectations The Fed's interest rate curve will be steeper, putting pressure on the gold price. The lowest price of gold is $1,936.8, and finally it closed at $1,951.6, down $5.9. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtakchat

2022-04-21

April 21st Today's volatility range: Russia launched a new round of fierce offensive in Donbass region of eastern Ukraine, and Germany announced that the producer price index was twice higher than the market estimate, increasing the attractiveness of gold, and the Federal Reserve interest rate will be in May. The news that the interest rate increased by 0.5% was also digested, and the gold price repeatedly tested the support of $1,952. Suggested volatility today is $1,950 to $1,962. Yesterday, the mainland announced that the lending rate of the official loan market would remain unchanged at 3.7%, which was inconsistent with the market's expectation that the official interest rate would be lowered after the RRR cut. The mainland stock market fell first, followed by Hong Kong stocks. It opened 50 points lower, but the market still had a strong wait-and-see atmosphere. The turnover of the whole day was less than HK$ 100 billion. In the end, Hong Kong stocks fell for two consecutive days, and the Hang Seng Index closed at 20,944 points, down 83 points or 0.4%. European stock market first Fall and rise. Although Russia launched a new round of fierce offensive in Donbass, eastern Ukraine, the market reported that the profits of large enterprises were higher than expected, the three major European stock markets rose across the board, and the German DAX index fell by 1.47. %； Paris CAC index rose by 1.38%; Britain's FTSE 100 index rose 0.38%. Daley, an official of the US Federal Reserve, said that the inflation level in the United States is too high at this stage, which is too far away from the price stability target of the Federal Reserve, especially the risks caused by the war between COVID-19 and Ukraine. The Federal Reserve can definitely The possibility of announcing the shrinking of the balance sheet in May and raising the interest rate by 50 basis points in May is very stable. He also said that the Federal Reserve is expected to raise the interest rate to a neutral level before the end of the year. Make speech market The rate hike by the Federal Reserve in May was nailed to the board, but it released the market's panic about the rate hike. The yield of the 10-year U.S. Treasury bonds rose to a four-year high at an early date and then fell back. The new york stock market reacted differently, and its valuation was different. Higher technology stocks are still subject to the high interest rate environment, with the Nasdaq index falling by 1.22%; The other two indexes with more old organizations continued to rise, with the Dow Jones index rising by 0.71%; The S&P 500 index rose 0.06%. Yesterday, the gold market took an early decline and opened lower, with the lowest price of $1,939.4. By the time of the European market, Germany announced the producer price index, which increased by 4.9% month on month, almost times more than expected, indicating that the Russian-Ukrainian war was against Europe. The continent economy brings private influence; The gold market immediately rebounded and repeatedly tested the resistance of $1,952. After it rose through, it closed at $1,957.5, almost close to the daily high, rising by $7.7. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtakchat

2022-04-20

April 20th Today's volatility range: It is estimated that the Fed's interest rate in the market will rise by 0.5% in the short term. Under the effect of interest rate increase budget, the yield of 30-year US Treasury bonds rose above the 3% mark, reaching a high of more than three years, while the US dollar index also rose above the 101 mark. After hitting a two-year high, the gold price was under pressure and fell below the support of $1,952, and the trend seemed to bottom out again and again. The suggested volatility today is $1923 to $1952. Chairman Ji Ping has lofty ideals, yearns for a higher ideological field for the Chinese people, and is determined to reduce the content of corruption on the Internet. The mainland will conduct a two-month moral inspection on the live broadcast and short video industry. Check and announce to crack down on illegal acts such as fraud, boredom and vulgarity. None of the mainland technology stocks listed in Hong Kong were spared the sell-off. The Hang Seng Index plunged by more than 4%, and the Hang Seng Index did not run, eventually falling by 490 points or 2.3%, closing at 21027 points. European stock markets fell immediately after the Easter holiday. Said that the Ukrainian Russian army will start a new round of fierce offensive in eastern Ukraine, and obviously strengthen the offensive in Donbass, the world Banks also sharply reduced the global economic growth by nearly 41% this year due to the Russian-Ukrainian war. The three major European stock markets fell across the board, and the German DAX index fell by 0.07%; Paris CAC index rose by 0.83%; British FTSE 100 The index fell by 0.16%. The market is still waiting to see the US Federal Reserve's interest rate hike strategy. Under the effect of interest rate hike budget, the yield of 30-year US Treasury bonds rose above 3%, which was the first time in 2019, while the US dollar index once approached 100.9, hitting a two-year high. However, the profit growth of consumer stocks and aviation stocks is strong, and the market expects that the economic growth will overshadow the interest rate hike effect. The three major stock markets on Wall Street rose across the board, with the Dow Jones index rising by 1.45%; The S&P 500 index rose by 1.61%; accept The Nasdaq index rose by 2.15%. It is estimated that the interest rate of the Federal Reserve will increase by 0.5% in the short term. Under the budget effect of interest rate increase, the yield of 30-year US Treasury bonds has risen above the 3% mark, reaching a high of more than three years, and the US dollar index has also After crossing the 101 mark and hitting a two-year high, the price of gold fell under pressure, with the highest price rising to $1,982 and the lowest price seeing $1,943.7, and finally closing at $1,949.8, rising by $28.9. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtakchat

2022-04-19

On April 19 Today's range: European markets are closed, but fighting continues in eastern Europe. After Russia's ultimatum to Ukraine was rejected, there were indications that it was about to launch a fierce new offensive in eastern Ukraine, "Ukraine will never give up its resistance," Zelensky said in a daily video address. "The situation further confirms the war between Russia and Ukraine, and it will only give up when the two sides find a winner." There was a time when safe-haven money It pushed the gold price close to the $2000 mark, but still could not stabilize above the $1980 level, showing that there is still a large selling pressure above the $1980 level, can try to short around $1990, to the short price plus 3 The dollar makes stop loss 3. Today's recommended range is $1964 to $1987. Hong Kong's stock market remains closed for the long Easter holiday. The Mainland yesterday announced first-quarter GROSS domestic product of more than RMB27 trillion, up 4.8 per cent from a year earlier and beating market expectations A combination of measures, including an official export call to prop up the market, The State Council's encouragement of financial institutions to reasonably transfer profits to the real economy, and Thursday's announcement that the reserve requirement ratio will be cut by 0.25% starting next week, are a number of favorable policies Stock rebounding opportunity is great, but will still be limited to 22,000 points. European markets were closed for the Easter holiday. The World Bank slashed global economic growth this year by nearly 41 percent to 3.2 percent from its estimate of 4.1 percent at the start of the year because of the russia-Ukraine war, while investors watched for the U.S. Federal Reserve to raise interest rates Slightly, under the budget effect of interest rate hike, the us 10-year Treasury yield rose to 2.88%, the highest in more than three years, while the DOLLAR index once approached 100.9, hitting a two-year high, the three major Stock markets on Wall Street fell under pressure. The Dow was down 0.11%; The STANDARD & Poor's 500 index fell 0.02%; The Nasdaq fell 0.14%. European markets are closed, but fighting continues in eastern Europe. Russia has issued an ultimatum to Ukraine After that rejection, there were indications that Russian forces were about to launch a new and fierce offensive in eastern Ukraine, but Mr. Zelensky went further, saying in his daily video address that Ukraine would never give up its resistance A war between Russia and Ukraine will end only when the two sides can determine the winner. Safe-haven investors pushed gold as high as $1998.5, low as $1972.1 and as low as $1,978. yuan 7, up $5.30. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-18

On April 18th Today's range: The war between Russia and Ukraine may only end when the two sides decide who wins, and developments in Eastern Europe have deepened frictions between China and the United States. With the market's early expectation that U.S. inflation will peak and gradually decline, But a labor Department report yesterday that producer prices hit a near 10-year high in March and a rebound in new claims for jobless benefits last week were positive for gold, which still has potential to rise There seems to be some weakness below $1980, and consolidation above $1,952 May be needed in the short term. Today's recommended range is $1964 to $1982. The epidemic situation in mainland China has become increasingly severe, Shanghai has become the hardest hit area, and Guangzhou has become an emergency state. Western countries doubt the effectiveness of China's dynamic zero elimination, and believe that a long period of closed management will affect domestic production and consumption Hong Kong shares fell more than 3% on Monday before the mainland launched a combination of rescue measures, including calls by government agencies to prop up the market through export measures and The State Council's encouragement of financial institutions to integrate into the real economy The hang Seng index pared losses last Thursday, but still ended the week down 353 points, or 1.6%, at 21,518. The Russians renewed their offensive last week, More troops are being deployed to besieging Mariupol in southeastern Ukraine, threatening the fall of the country's second largest city. Russian President Vladimir Putin has addressed the situation in Ukraine for the first time since withdrawing from Kiev, Affirming that the Russian military action was the right decision. Russia's foreign minister said the latest military action was aimed only at ending NATO's unbridled eastward expansion and America's long domination of the world. European stocks were under pressure, but the market expected Europe The central bank will announce that the unwinding of monetary easing policy did not occur last week, relieved some pressure in risk markets, finally the three major European stock markets developed separately, Germany DAX index fell 0.84%; CAC Index in Paris, France Rose 0.69%; Britain's FTSE 100 index fell 0.63%. The war between Russia and Ukraine has also triggered a war of words between China and the United States. Originally, the relations between the two sides had been estranged by the trade war. Now, the war between Russia and Ukraine has continued to tear the relations apart The us 10-year Treasury yield rose to 2.81%, near a one-year high, while the US dollar index rose to 2.81%, as investors became more cautious and the US Federal Reserve took a targeted interest rate hike strategy Once pushed near a two-year high of 100.8, Wall Street's three major stock markets fell last week, the Dow Jones Industrial Average fell 0.78%; The STANDARD & Poor's 500 index fell 2.13%; The Nasdaq fell 3.03%. The war between Russia and Ukraine may only give up in the outcome of the two sides, and the development of the situation in Eastern Europe has deepened the friction between China and the United States, coupled with the market earlier forecast that inflation in the United States has peaked, and will gradually fall, but the United States Gold rose as high as $1,980.4 before closing at $1,973.4, benefiting from a labor Department report that producer prices hit a near 10-year high in March and a rebound in new jobless claims last week The city. Over the week, gold rose $25.70. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-14

On April 14 Today's range: The market had been looking for us inflation to peak and gradually fall, but the RBNZ 50 rate hikes yesterday showed that inflation is spreading in different parts of the world, together with the US Labour Department Yesterday's producer price index hit a near 10-year high in March, and gold bulls showed strength, briefly breaking the 1980 level, still targeting $1,984, breaking short bets and beating back tests To $1965 and stop at $1988. Today's recommended range is $1965 to $1985. Following the mainland's call for export to prop up the market, the domestic release of positive news, Premier Li Keqiang presided over The State Council, the timely use of reserve ratio cuts and other monetary policy tools, to further increase financial support for the real economy, In particular, industries severely affected by the epidemic, micro, small and medium-sized enterprises, and individual businesses will be given strong support, and financial institutions will be encouraged to make reasonable profits to the real economy. Hong Kong stocks repeatedly rely on stability, early high open more than 120 points, the middle had Down nearly 178 points, it recovered to 21374 by the end of the session, up 55 points or 0.26 percent for the day. Britain's inflation rate hit 7% in March, the first in 30 years, as the war in Russia and Ukraine drove up food and energy prices The reserve Bank of New Zealand yesterday announced a decision to directly raise the official interest rate by 50 points to 1.5%, higher than the market expectation of only 1.25%, indicating that inflation is indeed not in the world As the region extended, the market has upgraded European inflation expectations, European stocks kept pressure, but the market is still focused on today's European Central Bank monetary policy meeting, the three major European stocks advanced, Germany's DAX Count down 0.30%; In Paris, France, the CAC index rose 0.03%; Britain's FTSE 100 index fell 0.07 percent. The LABOR Department said yesterday that the producer price index for March rose 1.4 percent month-on-month and 11.2 percent year-to-year, nearing a 10-year high. U.S. stocks opened lower amid inflationary pressure ahead of U.S. earnings reports During the period, airline stocks on the rise in oil prices and ticket prices, but analysts believe that post-pandemic results will double, the largest US financial services firm jpmorgan Chase group results reported mixed first-quarter results, While earnings missed market expectations, revenue beat market expectations, highlighting the issue of rising operating costs, the New York stock market eventually turned negative, the Dow Rose 1.02%; The S&P 500 rose 1.13%; The Nasdaq rose 2.03 percent. The market had been looking for us inflation to peak and gradually fall, but the RBNZ's 50-point rate hike yesterday shows inflation is spreading in different parts of the world. Combined with the labor Department's report yesterday that producer prices hit another near 10-year high in March, bullion bulls showed strength, hitting as low as $1,963 before rising to $1,981.6 before closing at $1,977.9 Market, up $12.30. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-12

On April 12 Today's range: Gold rose above $1,952 on news that China was moving conventional military supplies to Serbia and was being questioned about its plans to intervene in Europe and bolster Russia, adding to the already tense situation in eastern Europe Resistance, and all the way to the $1970 target, followed by a pullback to a close below $1950, as if testing for a top or bottom reversal. Today's recommended range is $1946 to $1969. Hong Kong stocks closed lower yesterday. More than 27,500 new COVID-19 cases were reported on the mainland yesterday, with Shanghai becoming the worst-hit city and Guangzhou under a state of emergency With half of China's four major cities under threat from the virus, western countries have questioned the effectiveness of China's dynamic cleanup, arguing that prolonged lockdown will negatively affect domestic production and consumption patterns. Mainland shares yesterday Hong Kong shares also fell, with the Hang Seng index closing at 21,082, 663 or 3.03 per cent. Since the war began in Eastern Europe, China has repeatedly spoken out as a neutral country, but the Associated Press reported yesterday that China's shipments of conventional military supplies to Serbia are suspected of meddling in Europe. At one point, the news triggered a drop of nearly 1% in European stock markets, eventually the three major European markets developed separately, Germany's DAX index fell 0.65%; France's Paris CAC index rose 0.12%; Britain's FTSE 100 index fell 0.61 percent. The War between Russia and Ukraine also triggered a war of insults between China and the United States. The United States warned China not to stir things up and support Russia's invasion, otherwise it would also impose sanctions on China. China's foreign ministry says the US started the war with Ukraine Terracotta warriors, and gain profits in the war. Relations between the two countries, already frayed by the trade war, are now further torn by the russia-Ukraine war, with investors increasingly cautious in an uncertain environment and a budget hike Under the effect of us Treasury yields continued to rise, Wall Street's three major stocks fell. The Dow was down 1.19%; The STANDARD & Poor's 500 index fell 1.63%; The Nasdaq fell 2.18%. China sends regular shipments to Serbia Gold rose to a session high of $1,970 on the news, which added to the already tense situation in Eastern Europe, amid speculation that military supplies might be moving into Europe and bolstering Russia. Later, the Chinese Foreign Ministry explained that the As part of a normal annual joint project between the two countries, not aimed at a third party and not related to current trends in Eastern Europe, gold eased slightly, bottoming out at $1,940 before closing up $6.60 at $1,954.3. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-11

On April 11 Today's range: Gold rebounded last week as investors bet that inflation would remain high in the short term, undeterred by hawkish fed rhetoric, and political risks linked to eastern Europe did not improve. Gold fluctuated for most of last week and reached 1920 The dollar found support and tried to break out of resistance at $1,952 on Friday. A significant narrowing of the Boli-plus channel in the daily chart is a harbinger of a breakout. If this resistance is broken, expect gold to try to challenge 1970 The dollar. Yesterday's recommended range of $1,934 to $1,958 was maintained today. Expectations of rate hikes weighed on risk markets overnight as minutes from the Fed's March meeting showed several Fed officials had a steeper path for rate hikes, including one or more 50-point hikes to tame inflation The Caixin Purchasing managers' index for China's services sector fell sharply in March to its lowest level in more than two years, possibly due to the spread of COVID-19 in mainland provinces and cities and the Chinese government's lockdown control policies. Hong Kong stocks last week It lost ground to close at 21872, down 176 points or 0.76% for the week. It has been more than 40 days since Russian troops attacked inside Ukraine, and President Vladimir Putin has not stopped despite repeated economic sanctions from the West The rise in gas prices alone has caused inflation to soar, indirectly threatening an early end to the European Union's quantitative easing program. Europe's three biggest stock markets traded separately last week, with Germany's DAX index falling 1.13%. In Paris, the CAC index fell 2.04 percent. Britain's FTSE 100 index rose 1.56 percent. Markets are worried that the Federal Reserve may tighten monetary policy significantly According to market research, the chances of the Federal Reserve raising interest rates by 50 points in May increased to 80.5%, up nearly 14% from the previous week, and the expected rise in interest rates affected the us 10-year Treasury yields to climb Even though new CLAIMS for jobless benefits fell to a 55-year low last week, the three major Wall Street stocks fell under pressure to raise interest rates. Over the week, the Dow Jones Industrial Average fell 0.28%. standard The S&P 500 fell 1.27%; The Nasdaq fell 3.86% as gold rebounded last week. Undaunted by hawkish comments from the Fed, the DOLLAR index and Treasury yields climbed to their highest levels in nearly three years as investors bet on short-term inflation Still high, with no improvement in political risk in eastern Europe, gold became an investor risk, supporting gold prices, which traded as low as $1915.1, as high as $1948.2 and last week traded at $1931.7 At the close of trading, gold was up $22.70 for the week. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-08

April 8th Today's volatility range: Without fear of the hawkish rhetoric of the Federal Reserve, investors bet that inflation will remain high in the short term, and the political risks in eastern Europe have not improved. Despite various sanctions imposed by pro-Western countries, Russian President Vladimir Putin is still working hard. There is no truce at all. Investors seek refuge to support the rise of the gold price. The gold price seems to find support at $1,920, but it is still difficult to rise above $1,950. Maintain yesterday's suggested volatility of $1,920. To $1,944. Later, the minutes of the March meeting announced by the Federal Reserve showed that many officials of the Federal Reserve had a steeper path to raise interest rates, including raising interest rates by 50 points once or several times to suppress inflation. The news made the high-powered technology stocks be Head-on, Nasdaq index fell 2.22%. Hong Kong stocks opened lower by 170 points, after which the Hang Seng Technology Index and the Nasdaq fell, while the main components of the technology network fell by 1% to 7%. The Hang Seng Index finally It fell below 22,000 points again and closed at 21,808 points, down 271 points or 1.23%. After Russian troops invaded Ukraine, the media reported that Sweden and Finland reconsidered the possibility of joining NATO to resist Russian hegemonism. However, Russian Kremlin spokesman peskov warned that once Sweden and Finland join NATO, Russia will take measures to deal with the situation. The UN General Assembly voted yesterday to suspend Russia in Qualification of the United Nations Human Rights Council. The EU continues to impose sanctions on Russia, and EU President Ursula von der Leyen doesn't even hide that he will impose another sanction on Russia every week. Russian troops have been attacking in Ukraine for more than 40 days, and have experienced many times in Western countries. Economic sanctions, Russian President Vladimir Putin still has no intention of a truce, which has deeply affected the European economy. The price increase of natural gas alone has caused inflation to soar, indirectly affecting the possibility that the European Union will end the quantitative easing policy early. The three major European stock markets fell for the second consecutive day, and the German DAX index fell by 0.52%; Paris CAC index fell by 0.57%; Britain's FTSE 100 index fell 0.47%. The market is worried that the US Federal Reserve may tighten the currency sharply. According to the market survey, the chances of the Federal Reserve raising interest rates by 50 points in May increased to 80.5%, nearly 14% higher than last week. Under the pressure of interest rate increase, US stocks fell by nearly 1%, but then the US Securities Regulatory Commission Disclosure of Warren Buffett's increase in holdings of technology hardware manufacturer HP; The world's richest men, old and new, respectively searched for treasures when the market was in a downturn, injecting confidence into the market. The three major stock markets on Wall Street successfully rebounded, and the Dow Jones index rose by 0.25%; The S&P 500 index rose 0.43%; Nasdaq index rose 0.06%, The gold market continues to rise. Without fear of the hawkish rhetoric of the Federal Reserve, investors bet that inflation will remain high in the short term, and the political risks in eastern Europe have not improved. Despite various sanctions imposed by pro-Western countries, Russian President Vladimir Putin is still working hard. There was no truce at all. Investors sought refuge to support the rise of gold price. Yesterday, the gold price reached a low of $1,920.6 and a high of $1,937.9, and finally closed at $1,931.7, rising by $5.8. For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator. https://t.me/mingtakchat

2022-04-07

On April 7 Today's range: Minutes from last month's fed meeting, released at 2 a.m. today, showed fed officials had set a steeper path for rate increases, including one or more 50 rate increases to tame inflation and a call for March It started with 50 points, but was forced to end with 25 last month because of Russia's invasion of Ukraine, and it was revealed that Fed officials agreed to reduce assets by $95 billion a month The cap could begin as soon as May. Fed officials originally had a more aggressive policy, which for the gold market, is a time bomb, gold short - term bearish. Yesterday's recommended range was maintained today $1908 to $1928.   Hong Kong stock reopened after ching Ming Festival holiday namely. Hong Kong shares opened 280 points lower on Wall Street after Brainard's sudden hawkish turn the other night and the mainland's March Caixin China services purchasing managers' index jumped This is the lowest level in more than two years, which is estimated to be caused by the spread of COVID-19 in mainland provinces and cities and the control policy of the Chinese government to shut down cities. Mainland epidemic news accelerated the decline of the Hang Seng index, the hang Seng index finally closed at 22080, down 421 points or 1.87%, temporarily holding 22,000 points. Affected by the us rate hike expectations, the DOLLAR has become a haven for investors, with the DOLLAR index plunging close to the 100-point mark, reaching as high as 99.8. A strong dollar, European stock market pressure, coupled with Europe and the United States to strengthen sanctions against Russia atrocities, Europe yesterday released weak economic data, failed to support the rise of the stock market, the three major European stock markets fell, Germany DAX index fell 1.93%; In Paris, the CAC index fell 2.21%; Britain's FTSE 100 index fell 0.33 percent. Yesterday, the Federal Reserve false-fed governor Balkin said, if needed, the FEDERAL Open Market Committee will certainly raise interest rates by 50 points, he added that the Federal Reserve has set the neutral rate (generally expected to be 2.5%) expect another nine to 10 rate increases. He also said the FOMC will soon begin to normalize its balance sheet, referring to the gradual removal of quantitative easing. Fed officials are about to reduce their positions, while For all numbers, the market rose, with high tech stocks beating out, and the Nasdaq fell 2.22%, or nearly 5% in two days; The Dow was down 0.42%; The S&P 500 fell 0.98%. The Fed announced today at 2 a.m Fed officials agreed it was appropriate to reduce the $95bn monthly asset limit and supported phasing it out over three months or moderately longer, possibly starting as early as May, according to minutes from last month's meeting of The Federal Reserve On the other hand, the minutes revealed more fed officials' preferences, including one or more 50 rate hikes to tame inflation, and calls for a 50 basis point hike in March, but the war with Ukraine ended Change to 25 rate hikes. Gold traded in wide swings but small gains yesterday, rising as low as $1,915.1 and as high as $1,933.6 before closing $2.60 higher at $1,925.9. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-06

On April 6 Today's range: Brainard, one of the Fed's usual doves and a nominee to become vice chairman of the Federal Reserve, turned suddenly hawkish. He said yesterday that U.S. inflation is too high and risks are to the upside, saying the Central bank's inflation is too high and risks to the upside The Fed will also need to raise interest rates at a steady pace, starting as soon as next month to accelerate the rapid reduction of its balance-sheet. U.S. 10-year Treasury yields rose as high as 2.56% on the news, while the dollar index rose to 99.6 In recent years half high, gold pressure down. Gold is bearish in the short term, with a recommended range of $1908 to $1928 today. This week is light on key economic data, but keep an eye on last month's Federal Reserve meeting due out today Minutes, last month's meeting is the Federal Reserve since 2018 to restart the interest rate environment began, the content of the federal Reserve board about the movement; And other Fed officials' comments on the outlook for the U.S. economy have implications for the next rate meeting Role. Hong Kong stocks were closed yesterday for the Tomb-sweeping day holiday. The European Union has proposed new sanctions against Russia, including a ban on imports of Russian coal and coal, following media Revelations that Russian troops were massacred civilians as they withdrew from the Ukrainian town of Bucha To lock up outbound ships in Russian ports and impose a total ban on transactions between EU members and four major Russian banks. Eu President Von der Leyen pointed to a new wave of sanctions against Russia, Russia can cut one of them The main source of revenue, as Russia exports coal in 2020, mainly to European Union countries, this involves a 4 billion euro a year transaction. The European Union has imposed sanctions on Ukraine's atrocities, but it's also paying a price Earlier, a member of the European Central Bank said that the recent rampant inflation in the euro zone, the European Central Bank may need to end this year or early next year, Ending eight years of negative interest rates to curb worsening inflation in Europe. And last night, the UK and the eurozone respectively released the latest service sector purchasing index, data again broke the peak, the three major European stock markets were under pressure. Germany's DAX index fell 0.68%; In Paris, the CAC index fell 1.28%; The ftse The 100 index fell 0.69 percent. Brainard, one of the Fed's usual doves and a nominee to become vice chairman of the Federal Reserve, turned suddenly hawkish, saying yesterday that U.S. inflation is now too high and risks to the upside The Federal Reserve will start shrinking its balance sheet at a faster pace as soon as next month, and the Fed will need to raise interest rates at a steady pace. The stock market took the fright and immediately reversed its gains, with the three major Indexes on Wall Street Posting Monday's gains, The Dow was down 0.8%; The STANDARD & Poor's 500 index fell 1.26%; The Nasdaq fell 2.26%. As Brainard turned hawkish, 10-year Treasury yields surged as high as 2.54% and the DOLLAR index rose to near 99.6 The price fell as low as $1918 and as high as $1944.6 before closing down $9.40 at $1923.3. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-05

4月5日 今日波幅區間： 美國長短期債券孳息出現倒掛現象，加重了投資者對美國經濟前景的憂慮， 加上原油價格反彈，加深了市場對通脹高懸不下的印象， 而俄羅斯入侵烏克蘭已超過一個月，雙方的衝突未曾解決，亦助長了金價的成長，但短期金價仍受制於1950美元。 今日建議波幅1914美元至1938美元。   本周重要經濟數據不多，但要留意明日公布的上月美聯儲將會議紀要， 上月會議是美聯儲自2018年以來重啟加息環境的開始，內容得窺聯儲局大約動向； 之後亦有美聯儲官員對美國經濟前景的講法，對下次議息有啟示作用。   無疾而終   上周五傳中國監管當局就美國查閱中概股審計標準作出讓步，代表中概股的美國金龍指數上升， 昨日本港上市的科網龍頭股跟隨美股走勢，上升3%至7%不等，二綫科網股升幅更誇張，升幅更達8%至13%！ 加上浙江省取消住房限購政策，浙江衢州成為內地第一個限購和限售同時被取消的城市。 市場憧憬內地將放寬房地產政策，內房股及物管飆升，最高升幅逾20%， 恆生指數升最終升462點或2.1%，收報22502點。   中國與歐盟領導人在上周五透過視像舉行兩國之間的峰會會議，相隔近兩年再舉行。 這原定每年一次的峰會會議，在上年因中國的新彊種族滅絕問題，歐盟響應美國呼籲，作出抵制中國官員行動， 中國當時為表示不滿，亦即時擱置了談判多年的中歐投資協議，導致應在上年舉行的會議無疾而終。   時移世易，現在歐洲經濟還未在疫情中復甦，旋即受俄烏戰事所影響，前景可慮； 而中國經濟亦在下滑之中，遠有國家主席的共同富裕政策，拖累一度推動中國經濟向上的火車頭慢下來， 包括可與全球比肩的科網企業、或曾使多名內地企業家晉身國內首富的內地房地產事業，俱受到嚴重打壓， 近則有新冠病毒重新在國內漫延，國內清零措施定必全方位拉住全國經濟活動！ 雙方在有相互利益之下重啟會議是大勢所促成，市場憧憬兩大經濟體會重新合作，有利雙方經濟發展。 歐洲三大股市全面上升，德國DAX指數升0.5%；法國巴黎CAC指數升0.7%；英國富時100指數升0.28%。   在昨日，美國證監機構披露文件顯示， 特斯拉行政總裁馬斯克増持社交媒體推特，佔推特已上市股份的9.2%，成為推特最大的單一大股東， 消息刺激推特股價大漲27%，也推動納斯達克指數上揚近2%。 美股氣氛雖然有長短期債券孳息倒掛現象所制約，但仍阻不了馬斯克入股推特所帶來的爆炸性效果， 最終華爾街三大指數連續兩日上升，道瓊斯指數升0.30%；標準普爾500指數升0.84%；納斯達克指數升1.9%。   繼上星期美國2年期和10年期國債孳息率出現倒掛現象，觸發了市場對經濟衰退的警惕， 昨日5年期國債孳息率及30年期國債亦一度出現同樣現象，加重了投資者對美國經濟前景的疑慮。 在美國經濟受困擾之際，金市乘機造好， 金價昨日最低見1915.6美元，最高見1936.9美元最後以1932.6美元收市，升7.6美元。   如欲了解詳細分析及操作建議，歡迎CLICK以下連結入群及向管理員查詢 https://t.me/mingtakchat

2022-04-04

April 4th Today's volatility range: It has been more than a month since Russia invaded Ukraine, and the investment market is still dominated by the war between Russia and Ukraine. The uncertain situation between Russia and Ukraine provides unstable factors for the market, which is conducive to the rise of gold prices, but once the two countries reach an agreement, the price of gold will also accelerate its decline. Last week, the latest economic data of the United States still challenged the Federal Reserve. Wages and personal core consumer price index continued to rise, indicating that inflation in the United States is still deteriorating. Gold has traditionally been an effective investment tool to hedge inflation. Until inflation is effectively controlled in Europe and America, the long-term price of gold will remain bullish. The suggested volatility today is $1908 to $1930. There are not many important economic data next week, but pay attention to the minutes of last month's meeting of the Federal Reserve announced next Wednesday. Last month's meeting was the beginning of the Fed's interest rate hike environment since 2018, and the content can be seen in the general trend of the Federal Reserve. After that, there were also comments made by Fed officials on the economic prospects of the United States, which would be instructive for the next interest rate discussion. The situation in Eastern Europe was repeated. At the beginning of last week, the two countries moved to Turkey for peace talks. Before the meeting, they showed sincerity to each other. The market hoped that the fifth round meeting would have a chance to solve the worries of both sides and reach a peace agreement. The highest number of Hong Kong stocks rose to 22,390, but the next day, Russia made a dramatic change and continued to push forward in Ukraine. The atmosphere of Hong Kong stocks immediately faded, and the mainland epidemic spread in different provinces and cities. After that, the mainland announced that the purchasing managers' index of China's manufacturing industry fell back to 49.5 in March, which was worse than the market In a week, the Hang Seng Index rose by 634 points or 1.97%. Russia invaded Ukraine for more than a month, and the two countries created a good atmosphere before the negotiation meeting; After Ukrainian President Zelenski told Russia that he was willing to maintain a neutral position in peace talks with Russia, Russia also officially announced that it would stop military activities near Kiev and chernigov, so as to end the war between Russia and Ukraine with a peace agreement. The news of the easing of the situation in Eastern Europe stimulated the European stock market to rise sharply at the beginning of the week, but then the Russian side reneged, and the Russian army continued to advance in Ukraine the next day. The market risk aversion atmosphere reappeared, which narrowed the gains of the three major European stock markets. In summary, the DAX index of Germany rose by 0.98% in a week; Paris CAC index rose by 1.99%; Britain's FTSE 100 index rose 0.73%. The Russian-Ukrainian talks have reached a deadlock, and the Russian army seems to be fighting while talking. Investors expect the situation to be unclear and enter a wait-and-see state; In addition, the rise of international oil prices has also weighed on the power of risk markets. Although the United States announced the release of strategic oil reserves, which caused the price of new york oil to drop below $100 for a time, the personal core consumer price index of the United States still increased by 5.4% year by year, the highest point in the past 20 years. The new york stock market fell under the pressure of inflation, but the unemployment rate of the United States dropped to a two-year low on Friday, and the US stock market rebounded slightly. In summary, last week, the three major indexes of Wall Street developed separately, and the Dow Jones index fell by 0.12%; The S&P 500 index rose 0.1%; Nasdaq index rose 0.72%. Russia imposed anti-sanctions on western countries, forcing the international oil price to rise. The United States had no choice but to announce the release of strategic oil reserves last Thursday. After the announcement, the oil price fell, and at the same time, the attractiveness of gold was lowered. In addition, the unemployment rate in the United States dropped to 3.6%, and the performance was better than expected, and the price of gold fell. Last week, the gold price peaked at $1958.5, the lowest at $1918.1, and finally closed at $1925. In a week, the price of gold fell by $33. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-04-01

On April 1 Today's range: Uncertainty in Eastern Europe and market instability provide room for gold to rise, as well as U.S. economic data showing a rebound in unemployment last week and increases in wages and core consumer prices. In a sign that U.S. inflation is still worsening, gold rose as high as $1949.9, but as noted in Thursday's article, there was short-term resistance at $1950, where it retreated to close up less than $5. The gold market is still affected by the war in Eastern Europe and global inflation. The bulls and bears are still expected to struggle, but the US non-farm data tonight is expected to expand the volatility; Today's recommended range is $1912 to $1950. Hong Kong's retail sector has suffered a sharp decline as the epidemic has taken a turn for the worse in recent days. Retail sales plunged 14.6 per cent in February from a year earlier, the Census and Statistics Department said yesterday, far worse than market expectations. Some retailers said the government's figures played down the woes of the retail sector, which had survived the winter largely on coupons handed out by the government last year, from a low base in February. The industry hopes that the outbreak will soon be over and the government will relax its community prevention measures. The second round of government coupons will revitalize Hong Kong's retail sector. Hong Kong stocks were attacked inside and outside yesterday, continuous It fell on the second day. Investors were already wary after a night of falling European and U.S. stock markets amid renewed fighting in Russia and Ukraine, followed by a mainland report that China's manufacturing purchasing managers' index slipped back to 49.5 in March, missing market expectations The Hong Kong stock market opened higher, but with the mainland and Hong Kong's retail sector falling sharply, the market was further hit by the expected impact of the epidemic on the mainland economy The Hang Seng index lost 22,000 points to close at 21996, down 235 points or 1.1% on economic data. Russia had earlier imposed counter-sanctions, announcing that "unfriendly countries" would have to pay in roubles for Russian oil and gas. But European countries are up in arms, and Germany, the country most dependent on Russian gas, has already cut some of that With demand shifting to liquefied natural gas and no secret of investing more in clean energy, Russia's president, Vladimir Putin, signed a last-minute decree that "unfriendly countries" could continue to use the currencies of the original contracts Settlement, subject to agreement with a designated Russian bank, which can immediately convert the proceeds into rubles. Although the new measures temporarily ease the European countries gas supply disruption crisis, but energy prices A sharp rise is already a reality and will force higher inflation in Europe. All three major European stock markets fell, with Germany's DAX down 0.82%. France's Paris CAC index fell 0.68%; Britain's FTSE 100 index fell 0.49 percent. The Russia-Ukraine talks reached a deadlock, the Russian military seems to talk while fighting, investors expect the situation is not clear, into a wait-and-see state; In addition, higher international oil prices also depressed the momentum of risk markets, although the United States announced a release of war The personal core consumer price index rose 5.4 per cent on an annual basis yesterday, the highest in nearly two decades, despite a brief dip in New York oil prices below $100. New York stocks under pressure, Wall Street three The big indexes fell for a second day in a row, with the Dow dropping 1.56%; The STANDARD & Poor's 500 index fell 1.37%; The Nasdaq fell 1.54%. Uncertainty in Eastern Europe and market instability have provided an upside for gold Combined with U.S. economic data showing a rebound in unemployment last week and a rise in core consumer prices for wages and individuals, suggesting U.S. inflation is still worsening, gold rose as high as $1,949.90, but as of last week In the short term, there was resistance at $1,950, with gold retreating ahead of that level and bottoming out at $1,1919.3 before closing up $4.50 at $1,1937.1, according to the fourth article. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-03-31

On March 31 Today's range: Risk aversion returned as the Russian military backtracked and continued to advance inside Ukraine. U.S. economic data have been mixed, but personal core consumer prices rose at an annual rate of 5 percent, although the data was in line with the market Expectations, but showing that the US inflation is still rising, is good news for gold, but there is still short-term resistance at $1950. Today's recommended range is $1922 to $1939. Keep an eye out for tonight's Whether personal income in the United States is also keeping pace with rising prices is closely related to future inflation because wages, although not rising as fast as inflation, are more likely to rise than to fall. The three main Wall Street indexes rose more than 1 per cent overnight, while Hong Kong stocks continued to follow. Hong Kong shares picked up the us rally to open 170 points higher on optimism that Russia and Ukraine have a chance to reach a deal at the fifth round of talks. It rose repeatedly, rising as much as 363 points, before narrowing to 304 points, or 1.39 per cent, before closing at 22,232. Russia had announced at the fifth round of peace talks between Russia and Ukraine that it would suspend the ceasefire in Kyrgyzstan Military activity near Chernigov, but yesterday Ukraine reported that Russian troops were seen advancing quietly inside Ukraine; Ukraine and the West are uneasy about the move and suspicious of Russia Stalling tactics will be used until the replenishment is sufficient before aggressive action is carried out. Europe's three major stock markets developed separately, with Germany's DAX index falling 1.46%. In Paris, the CAC index fell 0.74 %; Britain's FTSE 100 index rose 0.54 percent. Russia's military reneged and continued to advance into Ukraine, news of the two sides immediately into a stalemate, NATO even suspected that the last russia-Ukraine talks before the cease-fire promise was only a stopgap, purpose It's to resupply the Russians for their return. Wall Street's three main indexes ended a four-day winning streak with the Dow Jones industrial Average falling 0.19% as the war between Russia and Ukraine resumed and risk aversion returned. The STANDARD & Poor's 500 index fell 0.63%; The Nasdaq fell 1.21%. Risk aversion returned as the Russian military backtracked and continued to advance inside Ukraine. Us data released last night were mixed, with domestic students GDP rose 6.9% month-on-month, 20 points below expectations, while non-farm payrolls in the US changed more than expected, coming in at 455,000, 5,000 more than expected, both of which roughly offset the gains in gold Gold traded as low as $1916 and as high as $1,938.6 before closing up $13.1 at $1,932.6. For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator https://t.me/mingtakchat

2022-03-30

March 30 Today's volatility range: The fifth round of talks between Russia and Ukraine was held in Turkey. On the first day, representatives of the two sides experienced four hours of discussions, but no results were found yet. But the Turkish Foreign Minister, as the host, said that Ukraine and Russia Made significant progress in this negotiation, and said that this war must end. The attraction of safe haven of gold declined. The price of gold once fell below $1,900, and the lowest price was $1,890.1. However, the United States is a ten-year country. The debt yield dropped from a high level, which helped the gold market recover most of the lost land, and obviously there was still support at $1900. Today's suggested volatility ranges from $1908 to $1928. This week is American Super Data Week, except In addition to the important US GDP, non-agricultural data and personal consumer price index, we should pay attention to whether the personal income of the United States on Thursday is also closely following the rate of price increase, because although the salary increase rate However, it is not as fast as inflation, but it is easy to rise and difficult to fall, which is closely related to future inflation. A new round of negotiations between Russia and Ukraine started in Turkey. The first day of the talks lasted for four hours. Although there was no decisive result yet, both sides showed their sincerity, and Ukraine would no longer seek to join NATO. Appropriate, in order to relieve Russia's worries about NATO's northward expansion; The Russian army also promised to suspend military activities near Kiev and chernigov. The situation in Eastern Europe slowed down, Hong Kong stocks opened higher and closed higher, and the Hang Seng Index finally reported. 2927 points, up 242 points or 1.1%. It has been more than a month since Russia invaded Ukraine, and the two countries created a good atmosphere before the negotiation meeting. Following Ukrainian President Zelenski's expression to Russia, he is willing to work with Russia. Russia also officially announced that it would stop its military activities near Kiev and chernigov, in order to end the war between Russia and Ukraine with a peace agreement. The situation in Eastern Europe eased and disappeared. Interest stimulated the European stock market to rise sharply, and the German DAX index rose by 2.81%; Paris CAC index rose by 3.08%; Britain's FTSE 100 index rose 0.84%. After nearly four hours of discussions between Russia and Ukraine, although there was no substantive result between the two sides, the Turkish Foreign Minister said that Ukraine and Russia had made significant progress in this negotiation and that the war must end. Market optimism The atmosphere reappeared, and yesterday's US economic data was better than expected. The three major Wall Street indexes rose for the fourth consecutive day, and the Dow Jones index rose by 0.97%. Standard & Poor's 500 Index rose by 1.26%; The Nasdaq index rose 1.84%. The fifth round of talks between Russia and Ukraine finished the first day of the meeting in Turkey. Although there is no result for the time being, Ukrainian President Zelenski hinted that the negotiation would be conditional on whether to join NATO, and Russia also promised. Suspend military activities near Kiev and chernigov, and both sides create favorable conditions for the armistice agreement between the two countries. The attraction of safe haven of gold declined, and the price of gold once fell below $1,900, the lowest of which was $1,890.1. However, the yield of 10-year US Treasury bonds dropped from a high level, which helped the gold market recover most of the lost land. The highest price of gold was 1,929.5 US dollars yesterday, and finally it closed at 1,919.5 US dollars, down 3.3 US dollars. For detailed analysis and operational suggestions, please CLICK the link below to join the group and inquire with the administrator. https://t.me/mingtakchat