The Euro Zone'S Monetary Policy Is Clear And The Gold Midline Trend Remains Unchanged.

< p > < strong > 1: < a href= "http://www.91se91.com/news/index_c.asp" > fundamentals < /a > analysis < /strong > /p >

< p > yesterday (June 9th) the US dollar rose sharply against a basket of major currencies, because the yield of US Treasury bonds rose after consolidating its strong employment report last week, consolidating its support for the US dollar.

The euro fell 0.4% against the dollar as the European Central Bank's latest stimulus and anti inflation measures weakened the attractiveness of the euro.

In the global stock market, the three major US stock indexes continued last week's rally. The Dow Jones Industrial Average and the S & P 500 index both set a record high again.

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P, two Fed officials said on the same day that the Fed may continue to adhere to the current QE exit pace.

The main European stock indexes rose all the way, German and French stock indexes rose in a straight line, of which the German point closed for the first time, breaking through the 10000 point mark, reaching a record high, while the French stock index hit a new high of 6 years.

Last week, the news of the European Central Bank's interest rate cut has been digested by the market, and investors are beginning to turn their attention to the policy meeting of the Federal Reserve to be held next week. Therefore, the overall cautiously optimistic trading sentiment once again dominated the market.

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< p > Asia Pacific > a href= "http://www.91se91.com/news/index_c.asp" > stock market < /a > close at the same time, Japan's actual GDP growth in the first quarter was substantially revised to 6.7%, indicating that Japan's economy was stronger than the initial estimate, and that the Bank of Japan did not need to launch additional expectations of loosening and loosening, and strengthened the market confidence of Japan's stable and resurgent economy, especially the sharp increase in capital expenditure.

Gold prices narrowed on Monday, with limited volatility and closing at $1251.90, close to the previous day.

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< p > foreign exchange market, as of the end of the day, the exchange market ended at 1 euros to 1.3592 U.S. dollars, lower than the previous trading day of 1.3644 US dollars; 1 pounds exchanged for 1.6799 US dollars, unchanged from the previous trading day; 1 Australian dollar to US $0.9347, higher than the previous day's 0.9332 dollars; 1 dollars to 102.52 yen, higher than the previous day's 102.47 yen.

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< p > today, on Tuesday (June 10th), China will pay attention to the two heavy data of China in early data. At 9:30 Beijing time, China Statistical Bureau will publish the data of China's May CPI and China's May PPI.

Data show that China's May consumer price index (CPI) annual rate (year-on-year) increased by 2.5%, a slight increase over the expected recovery; PPI annual rate fell by 1.4%.

This result is basically consistent with previous market expectations. China's CPI index rose significantly in May, and was mainly affected by tail up factors, pork prices and the low base number of the same period last year. There was no supernormal growth rate in the ring ratio. The danger signal of inflation did not show up, and the possibility that the annual CPI rose by more than 3% was very small.

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< p > at the same time, the mortgage loan data released by Australia were slightly less than expected.

Data show that Australia's 4 months after the pfer of housing loan licensing rate was flat, the previous value decreased by 0.9%, the expected value increased 0.2%. Australia 4 after the monthly adjustment of investment housing loan license rate increased by 2.3%, the former value decreased by 0.8%.

As far as the Australian dollar is concerned, although the rise of China's CPI and PPI may reduce the space for China's central bank to further relax its policy in the future, it also shows that China's overall economic performance is stable and relatively neutral.

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< p > in addition, the website of the Central Bank of China has announced in June 9th that "a href=" http://www.91se91.com/news/index_c.asp "> the people's Bank of China < /a > decided that from June 16, 2014 onwards, the commercial banks with a certain proportion of the" three rural "and small and micro enterprises loans that did not meet the requirements of prudent operation and management (excluding those institutions that had lowered the reserve ratio in April 25, 2014) lowered the RMB deposit reserve ratio by 0.5 percentage points.

In addition to China and Australia, in the euro area, the European central bank governor Delagi yesterday reduced the main refinancing interest rate to 0.15%, and the overnight deposit interest rate was reduced to -0.1%.

This marks that nearly five years after the financial crisis, in the euro area deflationary pressure increasing, the European Central Bank has not yet adopted the optimistic quantitative easing (QE), but launched the first step to save the market through the negative interest rate policy. The European Central Bank has also become the first central bank to implement negative interest rates in the world.

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< p > today, investors should pay attention to the French industrial output and Italy's first quarter GDP two data. After the ECB's negative interest rate, the ECB will not further relax its policy. We will get some preliminary answers later.

In the UK, industrial output data will be released within days, and the market expects the data to be better than the previous ones.

The British economy has performed well in developed economies, but there are also worries in the housing market.

The industrial output data will also have a greater impact on sterling.

Finally, investors will pay close attention to the data released by us in the day, such as wholesale stocks and wholesale monthly rates, which are expected to have limited impact on the market.

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< p > < strong > Two: technical aspect analysis < /strong > < /p >

< p > gold to us dollar strategy: < /p >

After the support of gold last week near 1240, P rebounded slightly, but the intensity and intensity of its maintenance were limited.

Intra day trend is expected to rebound in the short term will be blocked, the market will continue the previous decline.

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< p > main strategy: 1256 near short, target 1246, stop loss 1260 < /p >

< p > Euro versus US dollar strategy: < /p >

Although the weakness of the euro P has not been particularly apparent in the past few days, after the European Central Bank released more stimulus measures last week, the euro may continue to affect the currency market. Investors in the short term are concerned about the contention of the euro in the 1.3600-20 line.

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< p > main strategy: 1.3620 near short, target 1.3560, stop loss 1.3640 < /p >

< p > pound versus US dollar strategy: < /p >

< p > main strategy: 1.6780 near do more, target 1.6830, stop loss 1.6760 < /p >

< p > US dollar to Japanese yen strategy: < /p >

< p > main strategy: 102.25 near do more, target 102.65, stop loss 102.10 < /p >