CM Trade

16/08/2022

Gold has been hovering around the key $1,800 level and markets have trimmed rate hike expectations, which also weakened the dollar, although most Fed speeches continued to suggest more rate hikes. The gold market has already priced in most of the rate hike expectations, and it is the divergence in future expectations that is driving the trade.

29/07/2022

美聯儲宣布加息75個基點，完全處於投資者預料之中，由於預期已被提前消化，消息落地後市場上演“買消息、賣事實行情”，美指、美債收益率紛紛回落，美股三大指數強勢反彈，道指刷新六週來最高水平
The Fed announced a 75 basis point interest rate hike, which was completely expected by investors. Since the expectations had been digested in advance, the market staged a "buy news and sell facts" after the news was released. The US index and US bond yields fell one after another, and the three major US stock indexes rebounded strongly, the Dow Jones refreshed the highest level in six weeks.

14/07/2022

U.S. CPI hits record high, gold waits for opportunity to fall

01/07/2022

Gold is tangled as hawkish Fed policy collides with recession fears. After all, Fed rate hike cycles are often associated with rising recession risks. This rate hike cycle is unlike any before because the Fed has limited ability to control inflation given supply chain disruptions. Gold investors expect stagflation, and even so, central banks facing a credit crunch are likely to continue raising interest rates. Gold still faces a tug of war while waiting for a catalyst to break the deadlock.

28/06/2022

It is reported that 90% of Russia's gold exports go to the G7 countries, a large part of which is exported to the UK. On the 26th, before the G7 summit in Germany, the United Kingdom, the United States, Japan and Canada announced that they would ban gold imports from Russia. The four G7 members believe that the precious metal is Russia's most important export commodity outside the energy sector, and an import ban could be a blow to Russia.

17/06/2022

On the evening of June 15th, Eastern Time (early morning on Thursday, Beijing time), the Fed's June interest rate decision aroused great concern in the market. While the Fed announced a sharp 75 basis point rate hike, Fed Chairman Powell reminded the market that the rate hike in July may be 75 basis points or 50 basis points. In view of the market's expectation of a 75 basis point rate hike by the Federal Reserve, U.S. stocks closed up on Wednesday (June 15), and the market's focus has shifted from this interest rate decision to the next July resolution.

30/05/2022

GBP/USD pared gains to 0.19%, after rising as much as 0.3% to 1.2500; GBP/USD gained 1.94% for the week, its biggest weekly gain since December 2020, as the latest economic data suggested the market may not need a sharp Lowered expectations for a rate hike by the Bank of England. But it should be noted that the Fed is still firmly focused on fighting inflation, which means that its current rapid tightening policy is still in automatic operation. This position is more hawkish than the Bank of England, indicating that the pound has upside potential limited.

26/05/2022

Will the gold price keep surging?

18/05/2022

On Monday (May 16), spot gold once experienced a wave of short-term diving, falling $20 to a minimum of $1786.50 within half an hour, and then rebounded moderately to around the 1800 mark, closing at $1824.76 an ounce.

16/05/2022

Recently, the international gold price has continued to be under pressure, and the market is worried that the potential upward trend of inflation in the United States is still rising. The Biden administration reiterated that reducing inflation "is the government's top economic task". Investors expect the Federal Reserve to strengthen its hawkish signal. The short-term performance is sluggish.
As the liquidity flood recedes, can gold prices bear the heavy pressure?

Recently, the international gold price has continued to be under pressure, and the market is worried that the potential upward trend of inflation in the United State