Weekly

Get rid of the decline

2023-06-02

June 2 nd

Today's amplitude interval

The US House of Representatives passed the bill to suspend the debt ceiling with 314 votes in favor. Because the Senate is controlled by the Democratic Party, it is not a problem to pass it according to plan.

The voting results will no longer have an impact on the market unless there is a black swan! The market has a 80% chance that the Federal Reserve will suspend interest rate hikes in June, and the price of gold will get rid of the decline.

Get back on the road. Today's suggested volatility ranges from $1962 to $1985.

Caixin's China manufacturing purchasing managers' index returned to the expansion level in May, and the latest figure recorded 50.9 points, which was better than market expectations and rose by 1.4 percentage points from April.

It hit a three-month high, and the mainland stock market rose. Unfortunately, it failed to help Hong Kong stocks rise. The Hang Seng Index opened lower by 44 points, and it turned around in the middle by making good use of the mainland stock market.

It rose by 231 points, but it finally failed to keep the upward trend, closing at 18,216 points, down by 17 points or 0.1%. The US House of Representatives passed the suspension of the debt ceiling with 314 votes in favor.

Bill, although the bill still needs to be passed in the Senate before it can be signed into law by President Biden, the Senate is controlled by the Democratic Party.

Getting through is not a problem. The three major European stock markets rebounded, with Germany's DAX index rising by 1.22%, France's Paris CAC index rising by 0.55% and Britain's FTSE 100.

The index fell by 0.6%.

The US House of Representatives passed a bill to suspend the debt ceiling. Schumer, the majority leader of the Senate, pointed out that the Senate had reached an agreement to speed up the voting on the debt ceiling law.

The bill will be voted on Thursday night, and the bill will be passed without modification, so as to be submitted directly to President Biden for signature. Wall Street III

The big index rose across the board, and the Dow Jones index rose by 0.61%; The Standard & Poor's 500 Index rose 0.89%, and the Nasdaq Composite Index rose 1.09%.

The US House of Representatives passed a bill to suspend the debt ceiling with 314 votes in favor. Although the bill still needs to be passed in the Senate, it is not expected to be a problem, Kim.

The price was first low and then high, reaching a low of $1,953.4, and then bottomed out. The number of people applying for unemployment benefits for the first time in the United States was 232,000, an increase of 2,000 per week, but 6.

It has been widely accepted by the market to suspend the interest rate hike in February. The price of gold rose to $14.9 from $1977.5 as high as $1983.2.

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