CPT Markets：FED Market expectations...

USD Index (DXY)：

After a significant decline in the US dollar index on Monday, it opened for consolidation today105.68Nearby, Chairman of the Federal Reserve Powell Reiterating that if deemed necessary, the Federal Reserve will raise interest rates again to achieve inflation targets 2%。

The Federal Reserve Bank of New York 1 Period and 5 The annual inflation prospects have decreased respectively 3.57% and 2.72%. Joint Advisory CommitteeFedWe have been tracking inflation expectations data as decision-makers believe that the expected direction of price pressure has a significant impact on the current inflation situation. Chairman of the Joint Executive Board Powell Once again, if it is deemed necessary to control inflation, the Federal Reserve will raise interest rates again. However, the expectation of tightening by the Federal Reserve remains sluggish, as indicated by the Chicago Mercantile Exchange's Federal Reserve observation tool, 12 month 13 The probability of interest rate hikes by the Japanese Federal Reserve is 11.8%。

Due to the fact that prices take a long time to fall back to the Federal Reserve2%The target level is that the market and analysts have been relying on a slowdown in the US economy to address inflation issues. However, some people are currently considering another possibility, which is the possibility of a slight stagflation environment. In this environment, even if demand decreases, inflation remains sticky. In fact, the latest consumer survey from the University of Michigan shows how difficult the future path may be for policymakers and financial markets. The university stated that year-on-year inflation expectations have risen to4.4%, indicating that9month3.2%and10month4.2%The significant growth between them is not accidental. 11The long-term expectation for the month is from last month's3%Ascend to3.2%, for2011The highest level since the beginning of the year. HendersonThe risk is that inflation expectations may continue to rise as inflation remains much higher than expected2%This may bring further trouble to the Federal Reserve.

From the upward direction, the upper suppression(Upper resistance) 105.60，106.00； From the downward direction, the lower support105.20。

euro/GBP (EURGBP)：

After a significant decline in the euro against the pound on Monday, it hovered around the opening today0.8715There is no directional fluctuation nearby. Eurozone Q3GDPThe data will show the impact of rising interest rates on economic activity, and it is difficult to determine the trend of EUR/GBP before the data is released.

According to predictions, the economic growth in the eurozone has declined 0.1%. The economic activity in the second quarter also shrank 0.1%。 GDP The second consecutive decline in data is characterized as a technical recession in the economy, which will force the European Central BankECBDecision makers tend to focus on 12 The monthly interest rate remains unchanged. The possibility of the European Central Bank raising interest rates again is relatively low, but the claim of maintaining higher rates for a longer period of time will remain unchanged. Last Friday, the President of the European Central Bank Lagarde It is stated that maintaining high interest rates in the long term will help to bring inflation rates back to normal 2%。

In terms of pounds, due to the Bank of EnglandBOERaising interest rates and weak demand in domestic and overseas markets have led to a significant decline in commercial investment in the third quarter, escalating concerns in the market about an excessive slowdown in the UK economy. Meanwhile, the market is waiting for UK employment data. According to the data, it is estimated that as of 9 The unemployment rate for the three months of the month will remain at 4.2%unchanged. 10 The number of monthly applicants for unemployment benefits has increased 1.5 Ten thousand people, below 9 Of 2.04 Ten thousand people. In addition to UK employment data, salary growth data will also be closely monitored. The market should note that stubborn wage growth in the UK economy is the main cause of sustained price pressures.

From the upward direction, the upper suppression(Upper resistance) 0.8710，0.8750； From the downward direction, the lower support0.8670。

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.