Daily

Clearing cost

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.

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