The level before the outbreak of the Russian and Ukraine conflict

International oil prices have plummeted! The level before the outbreak of the Russian and Ukraine conflict

Last week, under the influence of the Federal Reserve's interest rate hikes that may slow down and the economic recession, the three major stock indexes of the New York stock market continued to fluctuate, and the cumulative rising and falling throughout the week was different. Among them, the S & P 500 Index rose 0.36%throughout the week, and the Nasda Index rose by 2.15%throughout the week, while the Dow has been dragged down by the cooling of American manufacturing activities, and a total of 0.13%of the week. From the perspective of the sector, the information technology sector rose nearly 2%last week, leading the market, and the energy sector fell 6.8%throughout the week.

Last week, all the three major stock markets in Europe rose cumulatively

The three major European stock markets rose last week, the British stock market rose 0.22%, the French stock market rose 0.37%, and the German stock market rose 0.67%. The British Central Bank raised interest rates 50 basis points last week, and the market is also generally expected that the European Central Bank will raise interest rates again in September. With the expected rate hike expectations, the banking sector rose 3%last week to lead European stocks.

Last week, international oil prices fell more than 9%.

In terms of crude oil market, despite the continuous tension of crude oil spot supply, the market's concerns about developed economies and the concerns of the global economic recession have continued to heat up. Investors have continued to reduce their positions in advance to significantly decline in demand in advance, which led to the establishment of international oil prices last week. The largest weekly decline since April 1 this year. Among them, New York's oil prices fell by 9.74%, and Brent oil prices fell by 8.70%. At this point, international oil prices have fallen until early February this year, the level before the outbreak of the Russian -Ukraine conflict.

U.S. non -agricultural employment data in July Focus on the US July CPI data in July this week

In terms of economic data, the number of non -agricultural employment in the United States announced in July last Friday reached 528,000, which is far higher than market expectations. This means The possibility of 75 basis points is much higher than that of 50 basis points. Whether the Fed will maintain a radical interest rate hike path is likely to depend on the July consumer price index announced on Wednesday, that is, CPI. A survey initiated by Bloomberg shows that the year -on -year increase in the United States CPI may return from the "Break 9" to the "Super 8" range from June, but the year -on -year increase in the core CPI may maintain upward trend. In addition, the US Energy Information Agency, OPEC and the International Energy Agency will release the monthly crude oil market report this week. Their outlook for global crude oil needs is worth close attention.

Source: CCTV Finance

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