The Bank of the world has a weak view of the U.S.

Source: Internet
Author: User
Keywords World Bank Hang Seng index port city
Li Weicheng The World Bank is expected to further lower the global economy, so that the United States and European markets such as New York and London were hit, and Hong Kong stocks under the 18,080, may not be able to keep up 0.618 times times 17,599 of the wave and fought in the medium wave 0.382 times times 16,172. Wall Street's three big indexes were a total setback: (1) The Dow Jones index closed to 8,339.01, plunged 200.72 points, (2) The standard and poor index also fell 28.09 points, 893.04, and (3) The Nasdaq index dropped 61.28 points, 1,766.19. U.S. stocks are largely dragged down by the World Bank's latest ' weak view ' the main contents of the report are (i) even if some countries ' economies appear to be on the track of recovery, the global economy is still in a state of great uncertainty, particularly in the developed countries, and (b) the extremely loose monetary policy of countries, (c) Adjustment of the global Economy (GDP) to (i) negative growth in 2009 (1.7%) further worsened to negative 2.9%, while (ii) the 2010 increase of 2.3% was lowered to 2%, but the 2009 forecast of China's GDP was increased from the original estimate of 7.2%  An increase of 7.7% is still below the Chinese government's expected 8%, the ' eight ' target. The light cloud also causes (a) New York crude oil futures to close 66.97 U.S. dollars per barrel price, down 2.62 U.S. dollars, London Brent oil charge of 66.98 U.S. dollars, fell back 2.21 U.S. dollars.  (b) The New York period gold charge of 921 U.S. dollars per ounce, a setback of 15.2 U.S. dollars. HONG Kong stocks June 22 closed 18,059.55, only 138.62 points or 0.774%. Hang Seng index Yin and Yang candle on the day of the Yang Candle inverted hammer, the main technical indicators of variation: (1) 9RSI in close to the bottom of the axle and the fall of the track, short short-term surge; but (2) stc%k still keep the top back and under%d downward, short-term solid signal obvious; (3) dmi+  DI is the top of the back and began to narrow the-di ' Bear gap ', slightly reduce the median line to flat evil feeling; (4) MACDM1 and lines M2 both top back chi lower, diff negative side down, the median line is still light. Maintaining the ' cautious optimism ' of Hong Kong stocks is due to: (i) the Silver's ' weak view ' report is not new, it is a comprehensive statement, but the United States and Europe stock market in recent months has been very impressive, can be regarded as a deep consolidation, and the market sentiment and confidence has not yet been stable; the short look is to see the Federal Reserve's Open Market Committee (FOMC) In a two-day meeting on June 23, the market participants generally expected to maintain the current interest rate structure at the end of the 25th morning in Hong Kong, after which it was stated that the views on the economy had a significant impact on the investment markets.  (b) Shanghai and Shenzhen are still stable. However, the Hong Kong market has still to be lowered, it is difficult to keep 18,967 and 19,162 of the double top neck line 17,710, that is, the recent wave of 2,242 0.618 times times 17,660, and to fight respectively (1) 10,676 and(2) 11,345 for the medium-term large double bottom cumulative increase of 0.382 times times the gold ratio support: 16,175 and 15,920. It is estimated that the Hang Seng index will temporarily be held hostage to the 18,080 of the good, and not be able to make up for a fall of 18,499 to 18,236, but also to break 18,873 and dome 19,291.  After the adjustment still to Qiao. Hang Seng Index resistance level and support position estimated initial resistance level 18080 strong resistance level 18236 initial support bit 17710 strong Support bit 17320
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