Weekly

wave

2023-05-31

May 31st.

Today's amplitude interval

The US debt ceiling has basically reached an agreement, and the market is concerned about whether the bill can be successfully passed in a tight time. The price of gold is still fluctuating, and yesterday it retreated early.

Increase. Today, the suggested volatility before the end of last week is maintained at $1,950 to $1,968.

Hong Kong stocks rose slightly, ending a four-day losing streak. Although the US debt ceiling has been agreed in principle, the market is still concerned about whether there is enough time in two

Through sex; U.S. stocks were on holiday every other night, and did not reflect the risks in the crisis. The Hang Seng Index opened 23 points higher, with a maximum increase of 115 points, reaching a high of 18,666. After that,

The RMB weakened, the FOB price fell below 7.1, and Hong Kong stocks softened, falling by 181 points at most, closing at 18,595 points, up 44 points or 0.2%. Markets wait and see US debt.

Whether the agreement in principle of the upper limit can be successfully passed by the congressional vote, because time is very tight, if there is a mistake, the United States will still fall into the crisis of debt default;

European stock markets remained weak, with Germany's DAX index down 0.27%, France's Paris CAC index down 1.29% and Britain's FTSE 100 index down 1.38%.

The United States has reached a coordination meeting in principle on the debt ceiling, and it is about to vote in the Senate and the House of Representatives. Time is very tight. If something goes wrong, the United States will still fall into debt default.

The crisis; The three major Wall Street indexes developed separately last week, and the Dow Jones index fell by 15%. Standard & Poor's 500 Index rose 0.01%, Nasdaq Composite Index.

Up by 0.32%. The United States has made progress in reaching an agreement in principle at the negotiating table on the debt ceiling, and McCarthy, Speaker of the House of Representatives, is working hard to promote the Republican Congress.

Supporters stressed that debt default was impossible. In fact, investors had long expected that both sides would reach an agreement in the end, and the gold market continued to fluctuate.

In 1970, the lowest was $1,932.1, and it closed at $1,959.5, down $10.5.

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