Changes in Hong Kong stocks | Gold stocks are collectively falling, and the hawks are rekindling expectations of September interest rate hikes, the US and Iran are once again attacking each other and international oil prices are rising

The Zhitong Finance App learned that gold stocks were collectively lower. As of press release, Zijin Gold International (02259) fell 8.31% to HK$147.8; Lingbao Gold (03330) fell 7.94% to HK$21.8; Chifeng Gold (06693) fell 6.76% to HK$40.84; and China Gold International (02099) fell 6.36% to HK$256.

According to the news, Walsh Jackson Hole's debut rekindled expectations for a September rate hike. Gold experienced its biggest one-day decline since July last Friday night. Federal Reserve Chairman Walsh said on Friday that if policymakers are unsure that potential inflation is returning to the target level of 2%, then the Federal Reserve “still has work to do.” He acknowledged that the current financial situation did not seem to place a clear limit on the economy. After Walsh's speech, the interest rate futures market predicted that the probability that the Fed would raise interest rates in September was about 60%, compared to about 40% previously.

It is worth noting that international oil prices rose significantly during the Asian trading session. WTI crude oil futures and Brent crude oil futures both rose more than 2% at one point. The US military bombed two Islamic Revolutionary Guard Corps military facilities on Larak Island. This is the first time in a month that the US military has taken military action against Iran.