The Eiffel Tower
On February 11th
Today's range:
The U.S. Labor Department's consumer price index for January hit a 40-year high, and the Gold market reversed and reversed, trading lower and then higher, but fed official Fayed Ying said
Mr Bullard said he supported a cumulative rate rise to 1 per cent by early July, adding a one-off 0.5 per cent to the first rate hike scheduled for March. The news pushed gold prices up to $22 last night, but the market eventually turned lower,
The rally seen this week has slowed, testing support at $1,825. Today's recommended range is $1820 to $1830.
Mainland stocks rallied yesterday after the People's Bank of China announced that it extended 3.98 trillion yuan in new loans in January, but failed to repay the loans unexpectedly fell. Hong Kong stocks yesterday to continue the overnight rally in the United States, opened 220 points higher,
The hang Seng index ended up only 94 points, or 0.38%, before the 25, 000 level was lost. Ahead of the labor Department's inflation data, Goldman Sachs on Wednesday raised its forecast for U.S. debt yields this year,
The 2-year Treasury yield forecast was raised to 1.9% from 1.35% in January, while the 10-year yield was also raised to 2.25%, explaining that the forecast reflects the economic situation and the Fed's shift in policy stance. Yesterday's us 10-year Treasury note
Yields rose to wear 2%, hit the risk market. Europe's three major stock markets traded separately, with Germany's DAX up 0.05%. France's Paris CAC index fell 0.41%; Britain's FTSE 100 index rose 0.38 percent. In the current year at the Federal Reserve
Louis Fed governor James Bullard, who has a vote on monetary policy, said he supported a cumulative rate increase of one percentage point by early July, adding a one-time 0.5 percent increase to the first rate hike scheduled for March to counter the worst in four decades
Inflation.
U.S. stocks are under pressure from rising interest rate hike expectations. U.S. stocks recovered from early losses on Thursday, but investors fretted about rising interest rates after federal Reserve officials signaled they would raise interest rates to 1 percent by July and possibly more next month
Will eat into corporate profits, the Decline in The New York stock market became rapid, Wall Street's three major indexes fell more than 1%, the Dow Jones index fell 1.47%; The STANDARD & Poor's 500 index fell 1.81%; The Nasdaq fell 2.1%. The U.S. Department of Labor last night
After the consumer price index data hit a new high in January, the market had expected the annual inflation rate to rise to 7.4%, but the market offered a higher 7.5%. The gold price immediately fluctuated sharply, falling as low as $1821.7, but rose sharply to the highest
Gold closed at $1,842, down $6.50, after The Fed's Bullard signaled support for a more aggressive path of rate hikes to control inflation.
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