Overnight Market Review (2022.7.25) This week (July 25-29) the market will usher in the Fed’s interest rate decision. According to the Fed’s interest rate observer, the probability of a 75 basis point rate hike is currently as high as 80.5%, higher than the previous rate. The forecast for a 100 basis point rate hike has dropped to 19.5%, down from 30% last week. In addition to raising interest rates, investors are also bound to pay close attention to the words of the Fed Powell at the press conference.
In the gold market, gold futures rose 0.8% to $1,727.4 an ounce, up 1.4% for the week.
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.