Today, the highly anticipated U.S. CPI data for August was released, which was also very much beyond everyone's expectations. The market's general expectations were that there would be a significant decline compared to July, but the results announced were directly beyond everyone's expectations. The result is that CPI grew by 8.3% year-on-year, with an estimated 8.1% and the previous value was 8.5%. Such data is undoubtedly a wake-up call for stock investors. Due to the high expectations before, when the CPI data performed lower than expected in August, markets around the world experienced severe reactions of different lengths.
USD index
USD index rose sharply, and this time it should directly hit a new high and break through the mark of around 110.
USD/RMB (from)
USD offshore against the RMB, and the RMB has also suffered a significant depreciation. Judging from the trend, it is very likely that you can go to 7 this week.
London gold
After being stimulated by the news, gold fell directly and fell by more than the $1,700 mark.
FTSE A50 Futures Index
FTSE A50 Futures Index is also a straight line dive , with a drop of about 1%. This is also a very likely preview of the trend of Hong Kong stock and even A stock tomorrow. At the same time, the one that was hit the most was , the US stock . Just now
Nasdaq Comprehensive Index Weekly k
Just now, Nasdaq opened low and fell by more than 4%. Judging from the weekly K trend, there are major problems with the Nasdaq trend. In the recent rebound, it is likely to fall below 10565 and continue to look down around 10222. The sharp drop in US stocks is likely to be reflected in A-shares tomorrow. First of all, it is inevitable to open low. If it can still turn red after opening low, it is basically the main force that can save itself and run away. Because it is currently lower than 3 expectations, 75bp is now a fixed nail on the board, and the news that rate hike 100 basis points is also under consideration. Currently, the interest rate of Fed is 2.25%-2.50%. If you add 75bp, it will be 3.00%-3.25%, and if you add 100bp, it will be 3.25%-3.50%. The good news is that if the 4% target is achieved, the interest rate hike will be easy after 100bp in November and December, with only 50bp left. However, if 75bp, then there are 50bp and 25bp left next. No matter which one it is, it is not optimistic in September at present.
Now is the time for emotions to explode.
Shanghai Index 120 minutes
From the Shanghai Composite Index, it is time to fill the gap of 3199.91. It is hard to say whether it will be up or down afterwards. I personally believe that from the US CPI sub-item in August, it can be seen that oil is not the main project to boost, natural gas is. If Biden wants to reduce the current inflation in the United States, the easiest way is to reduce China's import tariffs, and the other is to suspend the Russian-Ukrainian war. These two conclusions will be very helpful to the U.S. inflation in September and October, but if the two sides continue to argue, the current inflation will only continue to rise with the rise in natural gas prices.
