CPT Markets: USA7monthISMManufacturing data solidly supports the US dollar! Market expectations...

dollar/Japanese yen (USDJPY)：

The dollar rose to143.00Nearby, previous data showing relative stability in the US manufacturing and construction industries overshadowed the impact of job vacancies dropping to their lowest level in more than two years.

Although the American Association for Supply ManagementISMThe survey provided a critical assessment of the state of the US manufacturing industry, but the so-called hard data indicates that the sector is struggling to move forward. Federal Reserve6According to monthly data, factory production rebounded in the second quarter, ending the previous two consecutive quarters of decline. Meanwhile, the US Department of Commerce stated that,6US construction spending steadily increased in the month,5Monthly data has been revised up, boosting spending on single family and multi family housing projects. The third set of data shows that the US Department of Labor's survey on job vacancies and labor mobilityJOLTSIt still indicates tight labor market conditions, despite the Federal Reserve's significant interest rate hike suppressing demand. The US dollar initially fell due to these reports, but later rebounded.

In terms of yesterday's financial event data, the Supply Management Association of the United StatesISMpublish7Monthly manufacturing industryPMIDown to46.4However, it is better than the previous one46, andMarkitmanufacturingPMIMaintain at49Reflecting the overall stability of manufacturing activity. In addition, the United States6monthJOLTsJob vacancies have decreased compared to expectations958.2Wan is the lowest in over two years, but still maintains a level consistent with the tight labor market conditions. In addition, the Ministry of General Affairs of Japan has announced6Monthly unemployment rate as expected2.5%This indicates that the growth of the employed population remains at a fixed level.

From the upward direction, the upper suppression(Upper resistance) 143.00，143.40； From the downward direction, the lower support142.70。

euro/pound (EURGBP)：

After a sharp rise in the euro against the pound on Tuesday, it rose to0.8603Nearby, the market currently expects the European Central Bank to suspend interest rate hikes. The inflation rate in the eurozone is7The month further declined, and the region resumed growth in the second quarter, with expansion exceeding expectations.

Pan Sen Macro Chief Eurozone EconomistClaus VistesenIt is stated that the German labor market may not continue to improve. 7After the quarterly adjustment, the number of unemployed people has slightly decreased compared to the previous month, which is lower than the generally expected increase in the market2Ten thousand people. This is good news, but we are skeptical whether this represents the beginning of continuous improvement in the labor market,. He pointed out that Germany's economic growth has stagnated, and output in key areas such as industry and construction has been sluggish. Therefore,7The vibrant job market may just be a flash in the pan.

In terms of yesterday's financial event data, market research institutionsMarkitAnnouncement of the Eurozone7Monthly manufacturing industryPMIMaintain at42.7The specific German data remains unchanged; French and Italian data rose to45.1and44.5However, the Spanish data fluctuated, reflecting the overall fixed growth of manufacturing activity in European region countries. In terms of employment data, Eurostat announced the Eurozone6The monthly unemployment rate has dropped below expectations6.4%And the German Bureau of Statistics announced7The monthly unemployment rate also slightly decreased to5.6% (newspaper-0.4ten thousand)This indicates a slight growth in the labor and employment markets of eurozone countries.

From the upward direction, the upper suppression(Upper resistance) 0.8600，0.8640； From the downward direction, the lower support0.8570。

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.