The "Fed Market" Trend Will Continue Upward In The Next Few Weeks.

Gold prices continued to rise for three days due to the continuation of the federal reserve market, which reached a two and a half maximum closing on Monday.

In addition to the formal date of the start of the European departure procedure, the two votes Committee Evans and Cash Kari's speeches were striking.

More Fed officials speak this week or continue to detonate the market.

"The Federal Reserve Market" continued, gold prices continued to rise three days, closing prices hit two and a half weeks the highest; the British government announced that it would trigger fiftieth terms in March 29th, officially launched the euro stripping process; in the 2017 year, the vote Committee and the Chicago Fed chairman Evans said that the Fed raised interest rates 4 times this year, and 2017 year ticket Committee KASH Kali said it was pushing the fed to deal with its balance sheet earlier.

Yesterday was the third trading day after the Fed raised interest rates, and the gold market continued to rally.

The fall of the dollar and the days in which the British officially launched the deeuropean program were supported by the price of gold.

On Monday, the New York Mercantile Exchange delivered gold futures in April, up $3.80, or 0.3%, to 1234 U.S. dollars / ounce, the highest closing price since March 1st.

Gold prices rose 2.4% last week, the biggest weekly gain since February 3rd.

The silver futures price for May delivery rose 0.1% to 17.438 dollars / ounce.

The pressure on the US dollar continued to decline after the Federal Reserve raised interest rates on Thursday and issued a policy stance toward doves.

On Friday, U.S. stocks rose and gold prices recorded the biggest weekly gains since the beginning of February.

Bloomberg survey showed that the market's bullish level of gold prices reached the highest level in two months this week. Most respondents believe that this week's gold price will continue the "fed market".

In addition, the G20 finance ministers and central bank governor's communiques have recently attracted market attention. The communiques have deleted the words "anti protectionism" which have been emphasized, which made the market new to President Trump.

The policy is increasingly worried that the dollar's low position yesterday was linked to the news.

In Europe politics, the day of the start of the European departure process was finally settled.

On Monday, the British government said it would launch the fiftieth Lisbon treaty in March 29th and formally launch the European Commission process, and has informed the European Council president Tusk's office.

EU officials responded that the plan for the fiftieth clause had been learned ahead of schedule, and the EU's preparations for launching the European departure process were all in place.

Hansen, head of commodities strategy at Sheng Bao bank, said there are still several hot spots to be concerned about geopolitical prospects.

"In the short term, we will not pay more attention to the issue of raising interest rates, because this is not the current focus.

The gold price trend in the next few weeks will be biased upward.

Nevertheless, this week many

Officials taking turns to play on the market still cause market agitation.

On Monday, Evans, chairman of the Chicago fed, said that if the US economy improved, the Fed could raise interest rates 3 times in 2017, but if the inflation rate exceeded 2%, or just reached the 2% target that the Fed hoped to achieve, the Fed could raise interest rates 4 times this year.

The dot matrix map released last week predicted that the Fed could raise interest rates three times this year.

On the same day, Cash Kari, the chairman of the Minneapolis fed, who voted against the resolution last week, also delivered a speech.

Cash Kari said wages have started to rise but have not risen to the level of worrying inflation.

There is room for further improvement in the job market.

The congressional move is currently on the way.

In addition, he referred to recent market concerns.

Problem.

Cash Kari said he was pushing the Fed earlier rather than late to balance its balance sheet.

Back in 2013, when the Federal Reserve announced that it would stop QE, it had caused a "scare down" and led to a shock in the market.

Although the current FOMC may reduce the uncertainty of the market through the basic path of presetting "shrinking tables", Goldman Sachs economists say it does not exclude the overreaction of the market to "shrink", resulting in short-term fluctuations in interest rates and the US dollar exchange rate. In 2013, the Fed implied that reducing QE LED to a sharp fluctuation in the market.

In the next few days, Federal Reserve Chairman Yellen, New York Fed chairman Dudley and this year's vote Committee Kaplan will also speak.

Financial website SeekingAlpha columnist Lott warned that the current market is more Doyen than the Fed, underestimating the growth rate of the US economy, and this week the Fed's hawkish signal may become clear again - the Fed will raise interest rates more quickly at a faster rate.

For more information, please pay attention to the world clothing shoes and hats net report.