Us interest rate hike this week
On March 14
Today's range:
Last week, bears were in a panic at the top, with gold testing $1,965 support for two days in a row on Thursday and Friday, but the lows were still well received. The bulls were not in a rout, but they looked like a spent force. Just last week
In the weekly chart, gold prices show a round bottom, failed to make a new high and fell back. In the future, the best breakthrough is out of the cup shape.
But this must be done between $1,900 and $2,000; There is also a chance that the war between Russia and Ukraine will ease. Relatively speaking, short - term bearish relatively appropriate. Gold supports $1965 and $1923; The resistance
Force is $1999 and $2018. Today's recommended range is between $1970 and $1994. Also keep an eye on the Federal Reserve this week, which is almost certain to raise interest rates by 0.25% in March,
Instead, the market will be more focused on the next policy statement, which is likely to reveal the fed's preference for the intensity and intensity of rate hikes before the end of the year.
Hong Kong stocks affected by the epidemic, coupled with the external impact of the War between Russia and Ukraine, and the United States inflation hit a 40-year high, the Federal Reserve rate hike pressure heating up, so that the Hang Seng index gradually lower, fell in the last Friday trading day
Four days, although last Tuesday and Wednesday there were north water to pick up cheap, two days of transaction increased to MORE than 170 billion Hong Kong dollars, but finally can only make a dead cat on Thursday, failed to stop the decline of Hong Kong stocks, Friday closed has seen a drop
Tu. The Hang Seng index fell as low as 20,079 points on Friday before closing at 20,553. For the week, the Hang Seng lost 1351 points or 6.17%. Hong Kong stocks have again outperformed the European and American markets, the short-term future is still not capable
Get rid of the weak, more likely to fall through the 20000 mark just have support.
After three rounds of talks, the two sides have yet to achieve practical results on ending the war peacefully. But While Ukraine's President Volodymyr Zelensky reiterated that His country would never surrender to Russia,
Russian President Vladimir Putin also said on Friday that there had been some positive changes in negotiations with Ukraine. Fears that the war could be resolved peacefully eased, with all three major European stock markets last week
However, the European Central Bank announced unchanged interest rate on Wednesday, although in line with market expectations, but later issued a monetary policy statement was more hawkish, revised the timetable of asset purchase program, reduced to the second quarter
Bond buying, with markets spooked by the sudden turn of the European Central Bank and fears of an earlier rate hike, capped gains. For the week, Germany's DAX index rose 4.07%; France's Paris CAC index rose 3.28%;
Britain's FTSE 100 index rose 2.41 percent.
It has been two weeks since the start of the war between Russia and Ukraine. The two sides have held three rounds of talks, but no tangible results have been achieved on the peaceful end of the war. Coupled with another 40-year high in U.S. inflation, consumer prices rose 7.9 percent in February from a year earlier, the Fed said
Interest rate rise pressure, pressure on the risk of the market, Wall Street three major indexes this week with fu, dow Jones index tired down 1.99%, fell for the fifth week in a row; The S&P 500 and Nasdaq finished their second week in a row
Down 2.84% and 3.64% respectively last week. Russia's invasion of Ukraine has entered its third week without tangible results to end the fighting peacefully. Gold rose for a second straight week, rising as high as $2,070.6 on Tuesday,
It came within a whisker of its all-time high of $2,075.3, failing to set a new record. Ukraine's President Volodymyr Zelensky has reiterated that His country will never surrender to Russia, but is willing to make compromises for the sake of peace, he said
Could stop calling for Ukraine to join NATO and be willing to recognize two Pro-Russian republics that just broke away in eastern Ukraine. Russian President Vladimir Putin responded on Friday, saying talks with Ukraine were on the table
Some positive changes limited gold's advance to a final close of $1988.5. Over the week, gold was still up $17.60.
For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator
https://t.me/mingtakchat
Previous Article Next Article