CPT Markets: USA7Monthly terrorist data exceeds expectations, boosting the US dollar! Germany8monthZEWthrough...

dollar/Cad (USDCAD)：

After the close of trading on Tuesday, the US dollar rose and fell against the Canadian dollar, and today it opened at1.3493Nearby, previous data showed that the United States7The monthly retail sales growth rate exceeded expectations, providing upward support for the US dollar.

OANDASenior Market Analyst for the AmericasEdward MoyaThis is another impressive retail sales report, indicating that the economy is not weak, which will force the Federal Reserve to continue retaining the prospect of further interest rate hikes. In addition, the Federal Reserve Kashkari It is stated that inflation in the United States is currently decreasing, and the Federal Reserve has made some good progress, but inflation is still too high. Under the aggressive interest rate hike by the Federal Reserve, Kashkari was surprised by the resilience of the economy. The US labor market is still very strong, and he said it is a bit like a double-edged sword, as his question is whether the Federal Reserve has taken enough measures or needs to do more.

In terms of yesterday's financial event data, the US Department of Commerce announced7The monthly retail sales rate has increased to3.17%and0.7% (newspaper6963.54USD100mn)The core monthly rate has increased year-on-year to1% (newspaper5268.09USD100mn)This indicates that the US economy continued to expand in the early third quarter, with an increase in market demand for retail goods. In terms of inflation data, Statistics Canada announced7monthCPIThe monthly rate is higher than expected until3.3%and0.6%This indicates an increase in inflationary pressure in the country.

From the upward direction, the upper suppression(Upper resistance) 1.3490，1.3520； From the downward direction, the lower support1.3440。

euro/pound (EURGBP)：

After a significant decline in the euro against the pound on Tuesday, it fell to0.8585Nearby, previous data showed that as of6In the three months of the month, wages in the UK, excluding bonuses, increased compared to the same period last year7.8%This is from2001The highest annual increase since a comparable record.

Recent German data shows that the economic prosperity index has slightly improved compared to last month, but it is still in a negative range. Therefore, financial market experts predict that the economic situation will slightly rebound by the end of the year. However, these expected improvements need to be viewed in conjunction with an assessment of the significant deterioration of Germany's current economic situation. Overall, respondents do not expect further interest rate hikes in the eurozone and the United States, and the economic outlook for the United States has also significantly increased, which has led to an improvement in expectations for Germany.

In terms of yesterday's financial event data, the European Economic Research InstituteZEWAnnouncement of the Eurozone8The monthly economic prosperity index has improved to-5.5Among them, the German index particularly rose to-12.3The data reflects an improvement in analysts and institutional investors' economic expectations for the next six months in the eurozone. In terms of employment data, the UK Office for National Statistics has released6The monthly unemployment rate has increased to4.2%This reflects the sluggish growth of the country's labor market. Nevertheless, money market traders still expect the Bank of England to raise interest rates at least next month25A basis point because they are concerned that high salary growth will have a second round effect on inflation.

From the upward direction, the upper suppression(Upper resistance) 0.8580，0.8610； From the downward direction, the lower support0.8540。

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.