June 16 Market Review

Affected by the imminent release of the Federal Reserve's FOMC resolution, the record high PPI growth rate in May, and the larger-than-expected decline in retail sales data, all three major indexes of US stocks closed down overnight, with the Dow down 0.27%, the Nasdaq down 0.71%, and the S & P 500 index down 0.2%. On the market, uranium, oil and gas drilling and NFT stocks rose sharply, while the concepts of epidemic resistance, copper, hydrogen energy and solar energy fell first.

The main index of Hong Kong stocks fell for the second day in a row, with the Hang Seng Index closing down 0.7%, the Hang Seng Technology Index down 1.64%, automobile stocks and non-ferrous stocks falling as a whole, New economy stocks generally lower, Great Wall Motor down more than 10%, BYD down more than 7%, China Hongqiao down nearly 9%, Chinalco fell more than 6%, Kuaishou fell more than 2%, and Meituan fell more than 4%.

Before the US stock market, the futures index was mixed.

The US stock index rose and fell in the early days of the day, as of press time.Nasdaq 100 Index main Link (2109) (NQmain.US) $涨0.04%，$S & P 500 Index main Link (2109) (ESmain.US) $跌0.08%，$Dow Jones Index main Line (2109) (YMmain.US) $跌0.19%。

Performance of major ETF products in Hong Kong stocks

• The Hang Seng Index fell 0.7%, while the South double bearish Hang Seng Index rose 1.32%.

Automobile stocks and non-ferrous stocks fell as a whole, while the Hang Seng Index fell 0.7%.South double bearish Hang Seng Index (07500.HK) $Up 1.32%, the turnover reached HK $198 millionSouth double bearish Hang Seng Index (07300.HK) $Up 0.63%, the turnover reached HK $5.48 millionSouth double bullish Hang Seng Index (07200.HK) $The turnover fell 1.27% to HK $77.1 million.

• Hang Seng Technology Index fell 1.64%, South double short Hang Seng Technology ETF rose more than 3%.

New economy stocks are generally lower. Kuaishou is down more than 2%, Meituan is down more than 4%, and the Hang Seng Technology Index is down 1.64%.$South double short Hang Seng Technology (07552.HK) $Increased by more than 3%, with a turnover of HK $31.78 millionSouthern Hang Seng Technology (03033.HK) $The turnover fell 1.33% to HK $123 million.

• The CSI 300 index fell 1.67%, while the southern double shorting CSI 300 rose 1.72%.
  

Most of the hot spots in A stock market stalled, individual stocks fell, the main index fell, and the CSI 300 index fell 1.67%.South double short Shanghai and Shenzhen 300 (07333.HK) $The turnover increased by 1.72% to HK $3.33 million.The South is twice as long as Shanghai and Shenzhen 300 (07233.HK) $It fell by more than 3%, with a turnover of HK $29.49 million.

• Hong Kong stock market rose by the top 10 ETF

The top 10 gains in the Hong Kong stock market today are mainly the ETF of short port stocks, A shares and US stock indexes.

Performance of major ETF products in US stocks

Affected by the imminent release of the Federal Reserve's FOMC resolution, the record high PPI growth rate in May and the larger-than-expected decline in retail sales data, the three major indexes of US stocks closed down overnight, with the Dow down 0.27%, the Nasdaq down 0.71% and the S & P 500 down 0.2%.$S & P 500 ETF-ProShares triple short (SPXU.US) $It rose 0.64% yesterday.$Dow ETF-Proshares triple short (SDOW.US) $It rose 0.84% yesterday.$NASDAQ triple short (SQQQ.US) $It rose 1.89% yesterday.

In terms of ETF related to the listing of US stocks on the Hong Kong Stock Exchange$FI2 Warsaw one hundred (07522.HK) $涨1.52%，$Huaxia Direxion double look at the 07261.HK (Donna Index) $跌1.62%。

ETF performance of energy and precious metals

• The price of gold stopped falling three times in a row and rebounded slightly
  

COMEX gold rebounded slightly today, stopping three consecutive declines and is now up 0.3%.$Gold ETF-SPDR (GLD.US) $It fell 0.38% yesterday and rose slightly before trading.

At 2: 00 a.m. Beijing time on June 17, the Federal Reserve will release its interest rate resolution for June. The Fed has repeatedly said that the current sharp rise in prices is temporary, but at the two-day meeting, which ends on Wednesday, policy makers may initially discuss when and how quickly to scale back their massive bond buying program to cope with inflation, and gold prices may come under pressure again.

• Us Oil surged nearly 2% yesterday, setting a new high for another two-and-a-half years.
  

Us oil stocks fell by 8.53 million barrels in the week to June 11.$WTI crude Oil main Company (2108) (CLmain.US) $It rose nearly 2% yesterday, setting a new high for another two and a half years, and continues to rise today.Us crude Oil Fund (USO.US) $It rose 1.37% yesterday.

UBS raised its forecast for Brent and WTI crude prices by $3 a barrel as supply growth lagged behind demand growth and inventories were likely to fall faster, according to a report on June 16. UBS's expectations for September Brent and WTI crude oil futures are $78 and $75, respectively.

Crude oil prices are likely to rise even higher this year because of growing demand, according to the world's two largest independent oil traders.

Other ETF manifestations

• Overnight, the US stock market rose by the top 10 ETF.

Overnight U. S. stock market gains in the top 10 ETFs are mainly dry bulk ETF, long energy industry and short biotechnology industry ETF.

The Baltic dry bulk index has rebounded significantly recently, rising for the fifth day in a row, and freight rates for all kinds of ships have gone up. The Panamanian shipping index rose 64 points, or 1.9%, to 3407, its highest level since June 2010, and average daily profit increased by $577 to $30664. The capesize index rose 152% or 4.3% to 3695, with an average daily profit of $1257 to $30640.

$Breakwave Dry Bulk Shipping ETF (BDRY.US) $It rose more than 7% yesterday, setting a new all-time high, with a cumulative increase of more than 276% so far this year.