Daily

June 29th

Today's amplitude range

Recently, the gold market is obviously subject to the gloom of the Fed's sharp interest rate hike. However, while the moderate interest rate hike is used to cool down inflation, will it lead to a sluggish US economy and become an investment in the gold market?

A suspense, which led to the recent fluctuation and decline of the gold market, also consumed the confidence of the bulls. The gold market is still trying its bottom, and it may take a bigger decline to absorb it.

Attract the renewed attention of long investors. The suggested volatility today is $1810 to $1828.

Since the outbreak of the Covid-19 epidemic in the world, most countries have used the principle of coexistence with viruses to fight the virus with vaccines and drugs for a long time in order to get their economic activities back on track.

On the contrary, few countries in China still cut off the transmission in a rigorous way, aiming at clearing it, and become one of the best epidemic prevention countries in the world, but the price paid is even greater.

The closure of Shanghai in the past two months has almost completely paralyzed economic activities, resulting in losses of more than 100 billion yuan, which is the best example. The mainland announced the relaxation of quarantine measures for epidemic control and centralized entry.

The number of days of isolation has been reduced by nearly half to seven days. The market hopes that China's economy will gradually recover, and the Shanghai and Shenzhen stocks will rise, which will also drive Hong Kong stocks up. In addition, since Hong Kong returned to the motherland for 25 years, the market spread

When President Ji Jinping visited Hong Kong, he would give a big gift again and offer more preferential policies. The Hang Seng Index opened lower and closed higher, and the Hang Seng Index closed at 22,418 points, up 189 points or 0.85%.

The NATO summit opened in Spain on Tuesday, and the war in Eastern Europe became the top issue. On the eve of the summit, NATO has announced that it will strengthen its defense on the eastern border, and put NATO's rapid reaction force into force.

From 40,000 to 300,000, it's obviously aimed at Russia. In order to deter Putin from continuing to expand outward, a strategic plan for the next ten years will be set at the meeting, and Russia will become a partner.

Part, dropped to a direct threat, and because of the deepening relationship between China and Russia, China was defined as a "systemic challenge" for the first time. However, NATO would not call China an opponent, allowing the European public.

Many countries continue to have business cooperation opportunities with China. The latest topics of NATO summit are clear, which will help to speed up the resolution of the war situation in Eastern Europe. The three major European stock markets have risen, and DAX in Germany refers to

Number 0.35%; Paris CAC index fell by 0.64%; Britain's FTSE 100 index rose 0.97%.

The inflation problem in the United States gradually erodes the purchasing power of citizens. Yesterday, the American Consultative Conference Consumer Confidence Index was released in the United States, with a figure of 98.7, the lowest since the epidemic officially broke out in the United States.

The market's concern about the economic recession caused by the Fed's interest rate hike has greatly increased, with U.S. stocks falling sharply and the Dow Jones index falling by 1.56%; The S&P 500 index fell 2.02%; Nasdaq composite index

Fell by 2.99%. Two U.S. Federal Reserve officials, Williams and Daley, respectively admitted that the Federal Reserve must cool down the hottest inflation in 40 years, but both officials also said that they believed

It is still possible for the US economy to land softly. However, yesterday's performance of the gold market was also obviously constrained by the gloom of the Fed's sharp interest rate hike. The highest gold price was $1,829.5, and the lowest was $1,818.5.

Yuan, closing at $1820.1, down $2.6.

For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator.
https://t.me/mingtak