Daily

Time bomb

2022-04-07

On April 7

Today's range:

Minutes from last month's fed meeting, released at 2 a.m. today, showed fed officials had set a steeper path for rate increases, including one or more 50 rate increases to tame inflation and a call for March

It started with 50 points, but was forced to end with 25 last month because of Russia's invasion of Ukraine, and it was revealed that Fed officials agreed to reduce assets by $95 billion a month

The cap could begin as soon as May. Fed officials originally had a more aggressive policy, which for the gold market, is a time bomb, gold short - term bearish. Yesterday's recommended range was maintained today

$1908 to $1928.
 

Hong Kong stock reopened after ching Ming Festival holiday namely. Hong Kong shares opened 280 points lower on Wall Street after Brainard's sudden hawkish turn the other night and the mainland's March Caixin China services purchasing managers' index jumped

This is the lowest level in more than two years, which is estimated to be caused by the spread of COVID-19 in mainland provinces and cities and the control policy of the Chinese government to shut down cities. Mainland epidemic news accelerated the decline of the Hang Seng index, the hang Seng index finally closed at 22080, down

421 points or 1.87%, temporarily holding 22,000 points. Affected by the us rate hike expectations, the DOLLAR has become a haven for investors, with the DOLLAR index plunging close to the 100-point mark, reaching as high as 99.8. A strong dollar,

European stock market pressure, coupled with Europe and the United States to strengthen sanctions against Russia atrocities, Europe yesterday released weak economic data, failed to support the rise of the stock market, the three major European stock markets fell, Germany DAX index fell 1.93%;

In Paris, the CAC index fell 2.21%; Britain's FTSE 100 index fell 0.33 percent.

Yesterday, the Federal Reserve false-fed governor Balkin said, if needed, the FEDERAL Open Market Committee will certainly raise interest rates by 50 points, he added that the Federal Reserve has set the neutral rate (generally expected to be

2.5%) expect another nine to 10 rate increases. He also said the FOMC will soon begin to normalize its balance sheet, referring to the gradual removal of quantitative easing. Fed officials are about to reduce their positions, while

For all numbers, the market rose, with high tech stocks beating out, and the Nasdaq fell 2.22%, or nearly 5% in two days; The Dow was down 0.42%; The S&P 500 fell 0.98%. The Fed announced today at 2 a.m

Fed officials agreed it was appropriate to reduce the $95bn monthly asset limit and supported phasing it out over three months or moderately longer, possibly starting as early as May, according to minutes from last month's meeting of The Federal Reserve

On the other hand, the minutes revealed more fed officials' preferences, including one or more 50 rate hikes to tame inflation, and calls for a 50 basis point hike in March, but the war with Ukraine ended

Change to 25 rate hikes. Gold traded in wide swings but small gains yesterday, rising as low as $1,915.1 and as high as $1,933.6 before closing $2.60 higher at $1,925.9.

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