Daily

Sleeve width narrowing

2022-11-01

November 1st

Today's amplitude range

The market is worried that the epidemic clearing policy implemented by the China government will continue to plague the domestic economy. In addition, the new team of Jijinping tends to the extreme left and the onshore RMB is against the US dollar.

Try low again; In addition, the Fed's interest rate hike is just around the corner, and the US dollar index is back at 111 level; Investors are concerned about the interest rate results announced in the early hours of Thursday morning, but expect the Federal Reserve

Would rather do more than do less mentality will appear, this week's interest rate increase of 75 points is close to 90%. There is a strong wait-and-see atmosphere in the market, and the price of gold is expected to fluctuate within a narrow range.

Today's suggested volatility is $1,624 to $1,640.

The National Bureau of Statistics announced yesterday that the purchasing managers' index of non-manufacturing industries in October fell below 50 points of the dividing line between prosperity and poverty, and the latest figure was 48.7 points, which was higher than the market expectation.

50.2% is low, which reflects that the service industry in the Mainland is shrinking, and it deviates from the policy of boosting domestic demand and safeguarding the economy advocated by the central leaders, and the market is worried.

The domestic economic prospect will be more and more difficult due to the implementation of the epidemic clearing policy, and the onshore RMB will try to be low against the US dollar again. The mainland stock market fell, Hong Kong stocks were also dragged down, and then

In addition, the Census and Statistics Department predicted that the gross domestic product in the third quarter of Hong Kong would decline sharply. Yesterday, the Hang Seng Index opened lower and closed lower, and the Hang Seng Index finally fell 176 points or 1.18% to close at 146.

At 8: 00, the lowest closing price in more than 13 and a half years.

Last week, the European Central Bank announced that it would raise the three major interest rates by 75 points, and investors are gradually digesting the pressure of raising interest rates. Germany announced yesterday that retail sales in September increased from the previous month.

It is expected that there will be a positive number, and the figure will increase by 0.9%, which is stronger than the market expectation of 0.3% contraction. The satisfactory performance of economic data has boosted the market sentiment. On the other hand, the UK

Once again, the new prime minister, Xin Weicheng, commented on the economy in a new role for the first time, saying that it was inevitable to increase taxes to deal with Britain's fiscal black hole. Xin Weicheng is familiar with financial affairs,

Its policy is obviously contrary to the previous Prime Minister's policy, but it is finally the right medicine, which will help improve the British economy. The three major European stock markets developed individually,

German DAX index rose by 0.13%; Paris CAC index fell 0.1%; Britain's FTSE 100 index rose 0.72%.

Although U.S. stocks fell yesterday, the Dow Jones index still delivered its best monthly performance since 1976 in October, rising nearly 14% and falling to a 13-year low relative to Hong Kong stocks.

Bit, behave like a cloud of mud! Investors are concerned about the meeting of the Federal Reserve on interest rates today and tomorrow. The market expects that the Fed officials will still raise interest rates by 75 points this time.

The probability is as high as 88%, and venture capitalists will accept it when they are too good. The three major indexes of Wall Street are all down, with the Dow Jones index falling by 0.39%; While the S&P 500 index also fell.

0.75%; The Nasdaq Composite Index fell by 1.03%. The dollar is strong and the gold price is under pressure. China's economic data is poor, and the market is worried about the implementation of the China government

The policy of clearing the epidemic will continue to plague the domestic economy, and the new team of Jijinping will lean to the extreme left, and the onshore RMB will try its low level against the US dollar again; In addition, the Federal Reserve raises interest rates.

Soon, the U.S. dollar index returned to the 111 level, with the highest gold price at 1645.7 dollars and the lowest at 1631.8 dollars, closing at 1633.7 dollars, down 10.6 dollars.

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