Special topic: the Fed keeps its benchmark interest rate unchanged and slows down the pace of table contraction from June.

Source: Wall Street

After the announcement of the Fed's decision,Crashbandicoottwinsanityps2The rise of US stocks expanded.Crashbandicoottwinsanityps2The Dow rose more than 170 points on the day, the Nasdaq stopped falling and turned higher, and the S & P 500 was close to erasing its intraday losses. The decline in two-year Treasury yields deepened to nearly 6 basis points and lost the 5 per cent mark, while the dollar index DXY fell again to 106 within days.Crashbandicoottwinsanityps2. 10 . Spot gold rose back to about 1 per cent and back to $2300 in round digits, with a short-term rise of about $6.

On Wednesday, May 1, the Federal Reserve did not raise interest rates as scheduled, keeping the policy rate at 5 for the sixth consecutive meeting since July last year.Crashbandicoottwinsanityps2.25% to 5.50% range. Earlier, some analysts thought that Federal Reserve Chairman Colin Powell would release hawkish remarks at the press conference.

The statement also confirmed speculation that the pace of QT contraction would slow from June, with the monthly reduction of US Treasuries to $25 billion, slightly more than Wall Street expected to slow to $30 billion or cut in half.

After the announcement of the Fed's decision, US stocks rose more, US bond yields and the dollar fell further, and gold rose 1% again:

U. S. stocks expanded, with the Dow up more than 170 points on the day, the Nasdaq stopped falling and turned higher, and the S & P 500 was close to erasing intraday losses.

crashbandicoottwinsanityps2|美联储决策后,美股与黄金走高,美债收益率和美元齐跌

The decline in two-year US Treasury yields deepened to nearly 6 basis points and fell below the 5 per cent mark. The intraday decline in 10-year base bond yields deepened to more than 5 basis points to 4.63 per cent.

The dollar index DXY fell back to 106.10 within the day. Spot gold rose back to about 1 per cent and back to $2300 in round digits, with a short-term rise of about $6.

Before the announcement of the Fed's monetary decision, US stocks fell, US bond yields fell, gold rose and the dollar erased losses:

The main index of U. S. stocks only rose, while the S & P 500 and the technology-dominated Nasdaq index opened lower, and the decline deepened to a session low by midday. The s & p fell 0.4% and the Nasdaq fell 0.6%, both of which were the lowest in more than a week since April 22. The Dow rose nearly 147 points, or 0.4%, off the nearly two-week low set yesterday.

Five minutes before the decision was announced, US stocks rose in the short term, with the S & P and the Nasdaq both narrowing to 0.2 per cent. The Dow continued to rise more than 120 points after renewed session highs, while the Russell 2000 small-cap index stopped falling and turned higher, erasing earlier losses of 0.3 per cent.

Us bond yields fell collectively, off nearly half-year highs. The two-year yield, which is more sensitive to monetary policy, fell 5 basis points at one point and hovered around the 5 per cent mark, rising above 5.04 per cent yesterday to its highest level since mid-November. The yield on the 10-year base bond fell as much as 6 basis points to 4.63 per cent, rising to 4.69 per cent yesterday and rising above 4.73 per cent last Thursday to its highest level since early November.

Five minutes before the decision was announced, the decline in US bond yields deepened again, with the two-year yield falling more than 3 basis points to 5.01 per cent, the 10-year base bond yield fell nearly 4 basis points to 4.64 per cent.

The DXY, a basket of dollar indexes that measure six major currencies, rose again to 106.20. European stocks rose to 106.49, a two-week high since April 16, and a break of 106.51 would be the highest since early November.

The decline in US bond yields and the initial decline in the dollar pushed spot gold above the integer figure of $2300, while US stocks rose to $2310 or as high as 1 per cent, shaking off a four-week low of 2 per cent yesterday, which fell 2 per cent yesterday.

Five minutes before the decision was announced, the dollar index was still trading at 106.22, hovering between ups and downs on the day. Spot gold rose slightly, still trading at $2300.

Risk reminder and exemption clause

There are risks in the market, so you need to be careful when investing. This article does not constitute personal investment advice, nor does it take into account the special investment objectives, financial situation or needs of individual users. Users should consider whether any comments, opinions or conclusions in this article are in line with their specific circumstances. If you invest accordingly, you will be held responsible.