Daily

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.

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