CPT Markets : The market volatility remains slight during the Easter holiday holiday! Federal Reserve Rate Raising Bet...

Today's Focus:

today(04month11day)At the beginning of the Asian market, the US and Canadian currencies rose, while other currencies generally fell; Gold price andcrude oilBoth are showing a downward trend.foreign exchangeAspect: The US dollar index has risen to102.41； The euro fell against the US dollar to1.0874； The pound fell against the US dollar to1.2395； The US dollar rose against the Japanese yen to133.49； The US dollar fell to1.3505； The Australian dollar fell against the US dollar to0.6649。 In terms of precious metals:goldFalling to USD1991.42。 In terms of crude oil: Brent crude oil fell to84.23。

USD Index (DXY)：

dollar

After the US dollar index closed sharply higher on Monday, it opened for consolidation today102.41Nearby, last Friday's strong employment report boosted the United States5Expectations for monthly interest rate hikes.

Last Saturday, former US Treasury Secretary Lawrence Summers The possibility of a US economic recession is increasing after a series of weak economic indicators are announced. Summers said in an interview that we feel a certain degree of tightening in US credit, indicating that the possibility of a US economic recession is increasing. I think the Federal Reserve is facing very difficult decisions with a lot of two-way risks. These two-way risks are the consequences of economic overheating. Summers believes that the Federal Reserve is about to end interest rate hikes.

In terms of yesterday's financial event data, the US Bureau of Business Statistics announced2The monthly wholesale inventory rate has decreased to0.1%The monthly sales rate decreased year-on-year to0.4%A decrease in wholesale inventory indicates that retailers are purchasing more goods to meet strong or increasing demand. In addition, the American Chamber of CommerceConference Boardpublish3The monthly employment trend index has decreased to116.24This indicates that the growth of the labor and employment market is becoming sluggish.

From the upward direction, the upper suppression(Upper resistance) 102.40，102.90； From the downward direction, the lower support102.00。

euro/pound (EURGBP)：

After closing high and falling against the pound on Monday, the euro hovered around0.8770Up and down, due to the slight fluctuations in the Easter closed market, the euro and sterling levels remained stable.

Yesterday, the Ukrainian State Power Company announced that it had conducted a bidding for inter national grid capacity allocation on the same day. According to the bidding results, Ukraine will allocate funds today330The capacity of megawatts exports electricity towards Moldova. The Ukrainian State Electricity Company stated that it will be ready later yesterday4month12Distribution towards Poland80Bidding for megawatt installed capacity. At the same time, the Ukrainian side is still discussing the possibility of initiating the export of electricity to Slovakia. Last Saturday, the Ukrainian Ministry of Energy made a decision to resume electricity exports to Europe while ensuring the supply of electricity to Ukrainian consumers and the availability of additional electricity generation in the power system.

In terms of yesterday's financial event data, the Greek Bureau of StatisticsELSTATpublish3monthCPIThe annual rate has significantly decreased compared to the previous period4.6%The reconciliation annual rate has dropped to5.4%This reflects a significant easing in inflationary pressure.

From the upward direction, the upper suppression(Upper resistance) 0.8770，0.8820； From the downward direction, the lower support0.8730。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.