Weekly

Long-short struggle

2023-08-23

August 23 th

Today's amplitude interval
    
Investors pay attention to the speech of US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole on Friday, seeking his views on the US economic and monetary policies.

The view, and the future trend of interest rates in the United States, the gold market is contending for long and short. Today's suggested volatility ranges from $1,892 to $1,906.

Hong Kong stocks rebounded after falling for seven days in a row. Hong Kong stocks rose with the trend of US stocks every other night. The Hang Seng Index opened 18 points higher and rose 179 points at most, but the RMB fluctuated against the US dollar.

The discount price once fell below 7.3, and the Hang Seng Index rose less than 28 points in half a day. In the afternoon, the market conditions rose again, and the China Securities Regulatory Commission will lower the stamp duty on stocks.

Commercial stocks were highly sought after, and the RMB rose, and Hong Kong stocks approached the high market. The Hang Seng Index closed at 17,791 points, up 169 points or 0.95%.

European stocks took on the rising momentum of the Asia-Pacific stock market, opening higher and closing higher. Investors continue to pay attention to the annual meeting of Jackson Hole Global Central Bank starting from Thursday.

On the other hand, Sino-US trade relations have the opportunity to change. At the invitation of China's Minister of Commerce Wang Wentao, US Secretary of Commerce Raimondeau will be here this Sunday.

A delegation visited China, and the market investment atmosphere was positive. The three major European stock markets rose across the board, with the German DAX index rising by 0.66% and the French Paris CAC index.

It rose by 0.59% and the FTSE 100 index rose by 0.19%.

Standard & Poor's downgraded the credit ratings of many American banks and played down their business prospects. Bank stocks, such as Citigroup, fell by more than 1% on average.

On the other hand, the uneven performance of retail stocks also put pressure on the traditional old economic sector. On the contrary, the chip stock Huida sneaked in before announcing the results.

In fact, in the end, the three major stock indexes on Wall Street developed separately. The Dow Jones index fell by 0.51%, the Standard & Poor's 500 index fell by 0.08%, and the Nasdaq Composite Index.

Several liters 0.26%. Investors pay attention to the speech of US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole on Friday, seeking his views on the United States.

Views on China's economic and monetary policies, and guidance on the future trend of US interest rates; The gold market is contending for long and short, with the highest price of gold reaching $1904.6 and the lowest.

See $1,889.2 and close at $1,897.7, up $2.8.

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