Daily

August 5th

Today's amplitude range

The market pays attention to whether the Chinese People's Liberation Army (PLA) staged a fake exercise, really attacked Taiwan, and took the opportunity to recover Taiwan Province. Geopolitics in the Taiwan Strait is heating up, and the price of gold rose like a rocket yesterday, which challenged it forever.

The $800 mark. The market is also waiting for tonight's U.S. non-agricultural data, which will be used as a thermometer of U.S. inflation. Suggested volatility today is $1,772 to $1,808.

Yuan.

Hong Kong stocks rebounded strongly! In the past January, Hong Kong stocks underperformed the European and American stock markets for a long time. Yesterday, they finally spit out their grievances. Yesterday, they rose by more than 2% and returned to the level of 21,000 points! Refers to Hang Seng

Yesterday, the number finally closed at 20174 points, up 406 points or 2.1%. Although Hong Kong stocks have risen for two consecutive days, the turnover in these two days is only HK$ 100 billion, indicating that the upward momentum is still there.

However, be careful that 21,000 points will be lost again! The Bank of England announced the result of interest rate meeting yesterday, and the official decision was to raise interest rate by 0.5%, the largest rate increase since 1995.

And raising the official interest rate to 1.75% is also the highest interest rate in the UK since the end of 2008. Bank of England Governor Bailey spoke to the media after the result of interest rate discussion, saying that energy

Rising prices have reduced consumers' disposable income, leading to worsening economic prospects.

He said that he had seen the GDP growth in the UK slow down, and predicted that the UK and European economies would enter recession later this year. Bailey's forecast of unimpeded risk market rise.

The reason is that many European companies announced their satisfactory performance, which led European stocks to rise for the second day in a row, and the DAX index of Germany rose by 0.54%; Paris CAC index rose by 0.64%; hero

The FTSE 100 index rose 0.04%. Last week, yesterday, the United States announced the number of people claiming unemployment benefits for the first time, and the number rose again, for the seventh consecutive week, reaching 260,000, which is also

It is the highest since November 2021, and the data shows that the job market continues to slow down. Investors are worried that the U.S. economy is in recession, and the three major indexes of Wall Street are developing separately, the Jones index

0.26% down; The S&P 500 index fell 0.09%; The Nasdaq Composite Index rose 0.41%.

Pelosi, the speaker of the US House of Representatives, completed his visit to Taiwan Province. During his stay in, he even met with Tsai Ing-Wen of Leader of Taiwan Province, and made an assurance that he would not renege on his commitment to Taiwan Province.

Pelosi's behavior provoked a huge reaction from China. After Pelosi's departure from Taiwan, the Chinese People's Liberation Army staged a live-fire performance of "encircling the island for three days". The media even reported that missiles had crossed Taipei.

Over the sky. The market is concerned about whether China will follow Russia's footsteps, change from military exercises to military actions, deploy the People's Liberation Army to attack Taiwan within a few days, and take the opportunity to recover Taiwan Province. Geopolitics in the Taiwan Strait heats up,

The price of gold showed a sharp performance, rising almost all day, once hitting the 50-balance moving average. The highest price of gold rose to $1,795, and finally closed at $1,791, up 25.6.

Dollars.

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