The Fed will release minutes from its April 30-May 1 meeting on Wednesday, which may reflect more concerns about higher-than-expected inflation in the first quarter, as the meeting was held before the release of last week's consumer price inflation report. The Fed said at the meeting that it still prefers to eventually lower borrowing costs, but acknowledged...
There was no US economic data released on Monday and Tuesday, but the tension in the geopolitical situation had a great impact on the financial market. Iran confirmed that its president had been killed, which undoubtedly added many uncertainties to the unstable Middle East. Although the helicopter crash has not yet been resolved, if it is confirmed, the Middle...
U.S. consumer prices rose less than expected in April, suggesting inflation resumed its downward trend at the start of the second quarter, boosting financial market expectations for a September interest rate cut. At the same time, under the influence of the market, the US dollar fell sharply, providing greater impetus to gold’s rise. Today, we will pay attention...
Federal Reserve Chairman Jerome Powell said he was less confident than before that inflation will come down. However, it emphasized that it does not believe that the next step may be to raise interest rates, and is more likely to maintain the policy interest rate at the current level. The U.S. economy is performing very well and has a very strong labor market....
The focus of the market this week will be the US PPI data released on Tuesday, followed by the CPI data on Wednesday. Consumer prices came in higher than expected in the first quarter, suggesting the Federal Reserve may cut interest rates less often this year. Then, job growth in April was weaker than expected, leading investors to rekindle bets on two rate cuts...
The geopolitical situation is still the biggest topic in the capital market this cycle. Conflicts in various regions in the Middle East are gradually increasing. Israel has launched a full-scale attack on the Gaza Strip. Neighboring countries have also begun to launch countermeasures against Israel. Large-scale conflicts are about to break out. Gold may increase...
Yesterday I thought oil would reach 79.5, and I thought that if oil closed at 79, the probability of rising today would be high, but the highest it could only reach 79.2. After my analysis today, I believe that oil started to fall from 87.6, reached as low as 77, and finally fell to around 76.9, a total drop of almost 11, so I judge that oil has some room for...
In terms of the geopolitical situation, an Israeli military spokesman said on May 6 that about 100,000 people were being evacuated from eastern Rafah. The Israeli military statement emphasized that the Israeli military will continue to attack Hamas in the Gaza Strip until all detained personnel are released. The geopolitical situation remains extremely unstable....
Hamas on Sunday reiterated its demand for an end to the war in exchange for the release of hostages, while Israeli Prime Minister Netanyahu flatly rejected the demand. The prospect of a ceasefire in Gaza seems slim, and the future geopolitical situation remains the most unstable factor affecting financial markets. This week will be the least economic data...
Today you need to pay attention to the impact of US non-farm payrolls data and unemployment rate on gold in April. Today's golden range is 2280-2344, and the small range is 2290-2330 You can trade within the range. Every Friday's trend is quite unexpected. You need to have stricter SL to prevent gold from causing you greater losses because the data breaks...
The Federal Reserve's monetary policy meeting is expected to maintain interest rates at 5.25%-5.5%. Federal Reserve Chairman Jerome Powell's speech on Wednesday will provide more clues on expectations for a rate cut. Traders have scaled back bets on the Federal Reserve cutting interest rates this year as recent U.S. economic data has been stronger than expected...
Recently, the market has been discussing the impact of the geopolitical situation and US economic data. In terms of the geopolitical situation, Israel continued its air strikes on the Gaza Strip on Monday, causing many injuries. However, at the same time, the two sides have begun to enter the negotiation stage. Hamas leaders arrived in Cairo to hold a new round...
What everyone needs to pay attention to in the near future is further news on the situation in the Middle East and economic data from the United States. The geopolitical situation has slowed down. For the time being, Israel, Iran, and Hamas have no radical actions or battle plans. The market is a little calm, and the safe haven of gold is not so obvious. In...