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Asia Pacific China: Retail Data Spreads Fast, Pound Rises First

2014/5/22 21:55:00 21

Asia Hui ChinaRetail DataSterling

< p > the minutes of the Federal Reserve meeting clarify the gradual tightening of monetary policy, indicating that the discussion on withdrawal from easing began last month.

There are some differences in the views of the US Federal Reserve on the exit of QE. Dudley paid more attention to the changes in the US employment market, while Ke Xue was worried about the future low inflation risk of the country. Williams believes that the Federal Reserve will not start in the second half of next year.

< /p >


Less than P > Europe, geopolitical contradictions turn to economic sanctions, and the market risk of medium and long lines is increasing.

During the week, the European Central Bank's interest rate cut is expected to continue to affect the market. Wiedemann said there was no conclusion on whether the European Central Bank would take action in June.

The euro zone's consumer confidence index, released in May, was -7.1, much higher than the market expectations and the previous value.

< /p >


< p > Japan's April a href= "//www.sjfzxm.com/news/index_cj.asp" > trade < /a > narrowing of the deficit and the first quarter of the previous GDP data echoed, providing more chips for the Japanese central bank and the government to implement policy adjustments.

The latest British retail sales data were strong, pushing the pound short to lead a non - US currency.

China's HSBC manufacturing PMI released during the day rose sharply to 49.7, a 5 month high, favorable for the Australian dollar and New Zealand dollar.

< /p >


< p > > a href= "//www.sjfzxm.com/news/index_cj.asp" > foreign exchange < /a >: on Wednesday, the US dollar index was at a high level of stabilization. The individual currencies were expressed as follows: < /p >


< p > strong > euro to us dollar < /strong > /p >


< p > overall shake finishing, high 1.3720, low 1.3640.

The euro zone consumer confidence index is much better than expected. There are still big variables in the European Central Bank's interest rate cut in June. The euro maintained weak shocks, but the impact of geopolitical risks weakened, and the euro was either boosted by short supply.

The euro area current account and the ECB meeting of the executive committee support 1.3630 and resistance 1.3750.

< /p >


< p > forecast: the euro and the US dollar will be relatively moderate.

< /p >


< p > strong > pound to us dollar < /strong > /p >


< p > the overall growth rate is 1.6920, and the low is 1.6830.

The CPI figures in Britain are better than expected. Retail sales figures released on Wednesday are generally good, while the Bank of England meeting minutes keep optimistic expectations for the country's economic recovery prospects, and the pound rebounded further, breaking through the 1.3900 pass.

Within days, the Bank of England released its May meeting minutes and retail sales data, supporting 1.6800 and resistance 1.6940.

< /p >


< p > forecast: the pound is more likely to shake up with the US dollar.

< /p >


< p > < strong > < a > href= > //www.sjfzxm.com/news/index_cj.asp > > Gold > /a > /strong > /p >


< p > overall arrangement, 1292.80 of the highest and 1289.90 of low.

The impact of major international geopolitical risks has weakened, and the policy signals released by the attention of the Fed meeting minutes are relatively limited. The US stock market remains strong, ETF continues to reduce its holdings, and gold prices are suppressed by the 1300 pass.

Concerned about the high-level speech and international geopolitical dynamics of the European and American central bank, the support level is 1280, and the resistance level is 1320.

< /p >


< p > forecast: international gold price or maintain wide shock, short term maintenance in 1280-1320 wide range of operation.

< /p >

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