Wang Yida: Non Farm, No Surprise, Rebound From The US

Last Friday, the data released by the US Department of labor showed that the number of non farm employment increased by 217 thousand in May, slightly lower than the expected increase of 218 thousand people, and in May, the unemployment rate remained stable at 6.3%, which is better than the expected 6.4%. P

In May, the non farm report employment market was in good trend for 4 consecutive months. After the beginning of the year's economic growth is not as good as expected, it has injected strong impetus for the current year's < a href= "http://www.91se91.com/news/index_c.asp" > economic growth < /a >.

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< p > an average increase of 234 thousand jobs in the past 3 months, which was 150 thousand in the first 3 months.

Although the number of jobs has increased, the unemployment rate has been kept unchanged by 6.3% from different surveys.

Nowadays, the "a href=" http://www.91se91.com/news/index_c.asp "employment market < /a > has reached an important milestone.

After five years of economic depression, the US job market crisis finally recovered.

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"P >" Mario Draghi ", the European central bank governor, did more than expected in the market." Mario "

The ECB has given the expectation of quantitative easing policy (QE) to the market for the two time, but the difference is that the market does not buy it.

At the very beginning, the decision of the European Central Bank to cut interest rates and the new targeted long-term refinancing operation (TLTRO) appeared to have a negative impact on the euro, which is also what the euro end expected.

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< p > < a href= > http://www.91se91.com/news/index_c.asp > dela < /a > even said that we have not finished the monetary policy.

The risk of future action is clearly implied, but the problem is that printing money and selling assets may not be as easy to implement as he implies.

In addition, the ECB may want to wait for a while before taking this option and observe what impact the existing policy adjustment will have on the economy.

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So QE is not very close to us, so although PMI index indicates the risk of shrinking industry, the euro will still send Euro / dollar to a 2 week high position easily.

The US employment figures released last Friday (June 6th) also did not outline a clearer picture of the employment field in the United States, and the results were broadly in line with expectations.

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< p > a number of fundamental facts can not be ignored: the United States will adhere to the monetary policy guidelines, and Europe will not take any new actions in the coming months, so on this level, nothing will happen before this autumn.

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Investors will continue to tolerate slow and volatile market structure for at least two months. After that, the foreign exchange market will begin to digest the new euro bank action expectations. Of course, there is a necessary premise: the situation forced the ECB to feel the need to implement QE.

On the day of the European Central Bank's interest rate decision, Europe and the US rebounded after a recent low.

On Friday, after the announcement of non-agricultural release, the consolidation was over the 5 day moving average, and the short line callback could be done more than /p.

< p > public operation proposal is for reference only: < /p >

< p > Europe and America: the European and American callbacks are too many, and can be purchased near 1.3600, with a stop loss of less than 1.3560, and a flexible grasp of profit < /p >

< p > pound beauty: the callback is mostly done. It can buy a stop loss of less than 1.6720 in the vicinity of 1.6760, and flexibly grasp the profit < /p >.

< p > Australia and America: callbacks can do more than 0.9290 near buying stop loss below 0.9250, flexible grasp of profit < /p >

< p > us and Japan: callbacks can be done more, and can be purchased near 102.20, with a stop loss of less than 101.85, and a flexible grasp of profit < /p >

< p > Gold: the callback is mostly done. It can buy a stop loss of less than 1239 in the vicinity of 1245, and flexibly grasp the profit < /p >.

< p > the economic data that need attention today: < /p >

< p > 07:50 Japan's 4 monthly adjustment after the current account < /p >.

< p > important officials' speech < /p >

< p > 15:00 Stevens, the chairman of the RBA, made a speech in San Francisco, < /p >

< p > 21:00 Brad, chairman of the Saint Louis fed, delivered a speech on the prospects of the US economy, < /p >