Asia Pacific China: US Non Farm Poor Japanese Data Gap

< p > lack of guidance on non-agricultural data. The Fed's monetary policy is expected to maintain its current direction and gradually tighten up. After the data, the US dollar rebounded slightly and the market remained cautious. At present, there is a big divergence in the market interpretation of non-agricultural data. "The Federal Reserve news agency" believes that the strong employment data will make the Fed's discussion on the timing of interest rate increase more intense. < /p >
In Europe, the negative interest rate of the European Central Bank is short of the euro, but its bad influence has not lasted for P. Delaki said in his home fixing speech after the interest rate decision that the European Central Bank has begun to implement QE in the near future. At present, the focus of the market debate is the effectiveness of the European Central Bank's policy adjustment. Constancio said that if the negative interest rate effect is insufficient, euro bank may launch asset purchase plan by the end of the year. < /p >
< p > Britain's global merchandise trade deficit in April was 8 billion 924 million pounds, an increase from last month. China's May trade account surplus will be nearly doubled to $35 billion 900 million over the same period. Japan's 1 quarter GDP rate increased from 5.9% to 6.7%, but the current account data released during the same period were not good, and the US, Japan and Japan share gains were limited. < /p >
< p > > a href= "http://www.91se91.com/news/index_c.asp" > foreign exchange < /a >: last Friday, the US dollar index showed a moderate rebound trend, and individual currencies were expressed as follows: < /p >
< p > strong > Euro > a href= "http://www.91se91.com/news/index_c.asp" > US dollar < /a > /strong > /p >
< p > the overall rebound was blocked, with a high 1.3680 and a low of 1.3620. The negative impact of the European Central Bank's interest rate was digested ahead of time, but most of the top European banks supported the easing monetary policy. Meanwhile, US non-agricultural data performance basically met market expectations, and the euro rebound was blocked and hovered above the 1.3600 pass. Concerned about the euro zone June Sentix investor confidence index and European bank dynamics, the support level 1.3570, resistance 1.3700. < /p >
< p > forecast: the euro is more likely to oscillate against the US dollar. < /p >
< p > strong > US dollar to Japanese yen < /strong > /p >
< p > overall rebound is weak, high 102.61, low 102.10. The results of the US non farm data were basically in line with expectations, which failed to give the market a pleasant surprise. After the data, the US dollar index reacted lightly. The US dollar rebounded moderately against the yen. Japan's GDP was repaired on the day, but the trade data were not good enough, and the US dollar was trading near 102.50. Pay close attention to GDP correction and trade data, support level 102, resistance level 103.20. < /p >
< p > forecast: USD / JPY is highly likely to stabilize at a high level. < /p >
< p > < strong > < a > href= > http://www.91se91.com/news/index_c.asp > > Gold > /a > /strong > /p >
< p > overall rebound, breakthrough 1257.50, low 1246. The US non farm payroll data as a whole has been improving, but the US dollar has not rebounded sharply. Earlier, the European Central Bank announced the negative interest rate. The easing rate was in line with expectations. The gold rebound broke through the shock, but it returned to the crossbar last Friday, and the gold price lingered around the 1250 pass. Japan pays close attention to Japan's economic data and central bank dynamics, supporting position 1240, resistance level 1268. < /p >
< p > forecast: international gold prices or restart shocks, short-term international gold price around $1250 / ounce line operation. < /p >