Xu Chenghong: "Super Mario" Is Well Deserved.

The European Central Bank announced interest rate resolution yesterday, announcing that the policy interest rate remains unchanged because the region's economy has seen a broader economic recovery, despite the recent high euro exchange rate and the risk of deflation in the euro area. P

The ECB keeps its key refinancing rate at a record low of 0.25%, just as the market generally expects.

At the same time, the central bank kept the marginal lending rate unchanged at 0.75% and kept the deposit interest rate unchanged at 0%.

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The situation of the European Central Bank's failure to stand still seems to have been anticipated by all circles. So after the announcement, the euro continued its strong form and tried to launch an attack on the 1.40 integer pass. However, since then, the speech of the European Central Bank Delaki has still surprised the market, and the euro and the US dollar have reached the top again in the short term of 1.40 failed in the upswing.

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Delaki, President of the European Central Bank, said after a news conference that if the inflation expectations offered support, the CMC would not feel uneasy about taking action in June. Many economists expect that the internal inflation expectations of the European Central Bank will be lowered, which will create the possibility for the central bank to take further stimulation measures such as quantitative easing (QE) or interest rate reduction.

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"P" Delaki pointed out at a press conference after the end of the European Central Bank's policy meeting that the central bank's management committee may take measures to boost inflation in June.

He hopes to see first the inflation forecast report released at the next meeting before deciding whether to act.

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< p > > a href= "http://www.91se91.com/news/index_c.asp" > "Draghi" /a "indicates that the central bank has prepared itself. If the newly released inflation forecast is necessary, action will be taken next month to stimulate the euro zone economy.

ECB officials are debating how much stimulus should be given to the euro zone economy facing deflation threat.

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Delaki also said that the euro appreciated by 6% against the dollar in the past year was close to the 1.4000 mark. This is a serious concern. The euro has risen by more than 4% in the past six months in the past six months, and helped to lower the already low inflation.

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< p > Delaki said that the prospect of inflation is not satisfactory. We have reached a consensus that the management committee is willing to take action next time. But before that, we would like to look at the internal forecasts released in early June.

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Delaki P did not specifically explain what the ECB might adopt, which only indicated that the meeting on Thursday discussed the policy tools mentioned by the central bank.

These tools include interest rate cuts, liquidity initiatives and even QE.

The Federal Reserve, the Bank of Japan and the Bank of England have adopted the QE policy.

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< p > although all sectors of society had previously expected that Draghi would release further easing expectations in order to appease market sentiment after the European Central Bank's policy decision was put to rest, but the explicit time point it disclosed in June is something that we had never expected before. And such a clear expectation also means that if there is no significant accident, the European Central Bank will take a lenient action at the next meeting or a foregone conclusion.

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< p > in recent months, in contrast to the fluctuations in the market triggered by the speeches of the Federal Reserve Chairman Yellen and the European central bank governor Delaki, in the context of the unsatisfactory influence of Yellen's speeches, Delaki's speeches seem to cause the market shock more and more from time to time.

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< p > > a href= "http://www.91se91.com/news/index_c.asp" > geopolitical risk < /a > fear will intensify again. Today will be the last trading day of this week. For the sake of global economic events, there are few remaining points.

Therefore, the situation in Ukraine is likely to become the focus of investors once again.

At present, the pro Russian separatists in eastern Ukraine have ignored Russian President Putin's appeal for postpone referendums, claiming that they will still hold a referendum on Sunday, and today coincides with the Soviet Union's victory over Nazi Germany. The performance of the foreign exchange market opening tonight and Monday is clearly worth the vigilance of the market participants.

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"P >" after the European central bank ended the May interest rate resolution, this week, including Yellen's testimony speech, the RBA, the Bank of England, the European central bank interest rate resolution, and so on, many global risk events have come to an end.

Judging by the volatility of the market, the European bank resolution on Thursday clearly adds a lot to these events.

After a slight easing on Wednesday, there is still a sign of resurgence, which is worth investors' vigilance.

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< p > Dong Wu Clanton and Lugansk Pro Russian faction said on Thursday that they will continue to push forward the referendum.

A day earlier, Russian President Putin called on Pro Russian faction to postpone referendum, leaving room for dialogue to resolve the Ukraine crisis.

But for now, the first round of referendum in Donetsk will start or will be imperative in May 11th.

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"P" this decision clashes with Putin's appeasement argument a day ago, which has also led to panic in the West. Western countries fear that the referendum will split Ukraine.

The United States Deputy Secretary of state "a href=" http://www.91se91.com/news/index_c.asp "William Burns < /a" said Russia is heading for a dangerous and irresponsible Road, and the situation in Ukraine is extremely dangerous.

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< p > it is worth mentioning that the pro Russian faction also ignored the Geneva agreement reached by Russia, Ukraine, the United States and Europe last month. Under the agreement, the parties should disarm under the supervision of the OSCE and the pro Russian faction withdrew the occupied buildings in the conflict area, but the pro Russian faction did not implement the agreement after that, and had seized the OSCE observers.

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< p > it can be predicted that once the weekend a href= "http://www.91se91.com/news/index_c.asp" > Ukraine < /a > the situation is upgraded again due to the local referendum, the market risk aversion will rise again, and the performance of the opening of the currencies next Monday is undoubtedly worthy of investors' close attention.

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