Overnight Market Review (2022.8.2) Overnight, the market was worried due to the geopolitical crisis and poor US economic data, and the three major US indexes closed down.
Markets will be closely watching US JOLTs job vacancy data on Tuesday, as well as the Reserve Bank of Australia’s interest rate decision. In addition, the Fed’s 2023 FOMC vote committee and Chicago Fed President Evans will deliver a speech.
The World Gold Council also pointed out that due to the impact of the economic recession, investors are also worried that the demand for gold jewelry in some major gold-consuming countries may decline.
Trading strategy deployment: it is recommended to go short at high levels
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.