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Tiantongyin opened on Tuesday. During the Asian session, the market fluctuated sideways, continuing to consolidate and test the upward strength. During the European session, the market inertia surged higher, testing nearby and then being blocked. During the US session, the market fluctuated rapidly without choosing a direction and finally maintained a sideways finish. In the end, silver closed at a single-day volatility of 1.0 points, with an amplitude of .%, and the daily line closed at a small positive line.
A report released by Red Book Research Institute on Tuesday (July 2) showed that U.S. chain store sales increased by .% at an annual rate in the week of July, compared with an increase of .% in the previous week. More data showed that the U.S. Red Book commercial retail sales in the week of March dropped by .% on a monthly basis, after falling by .% in the previous week.
According to a government report released on Tuesday (July 2), U.S. monthly core inflation has been higher than the Federal Reserve's % target level for consecutive months, and the Fed's "weight" to raise interest rates seems to be getting heavier and heavier. Data released by the U.S. Department of Labor showed that the U.S. monthly consumer price index increased by .% at an annual rate, hitting a high level since the beginning of the year. The previous value increased by .%. The data also showed that the U.S. monthly core C annual rate increased by .%, which was above the % target set by the Federal Reserve for consecutive months, but was lower than the previous increase of .%.
Dalian Precious Metals
Trading Center long-term investment agent free account opening & consultation hotline:
&
:
Contact: Mr. Zhang