INFINOXYino:7month4Hot topics and trading reminders in Japanese foreign exchange finance and economics

2017year7month4day Financial News

00:12
HSBC: Bank of England raising interest rates was a mistake The pound may fall below1.2
If the Bank of England raises interest rates, the pound will ultimately experience depreciation rather than appreciation. Although initially, the pound was exchanged for the US dollarGBP/USDThere may be an upward trend, but the market will quickly realize the negative impact of interest rate hikes, thereby accelerating the sell-off of the pound. Brexit disrupts cyclical normalcy, and if interest rates are raised in this difficult political and economic outlook, consumption tightening will intensify. The weakening of the pound will help the UK narrow its current account deficit and benefit the economy. Therefore, it is expected that the pound will exchange for the US dollarGBP/USDIt will drop by the end of the year1.2Offline.

03:48
Barclays: Euro to US DollarEUR/USDThe upward momentum is limited There may be slight fluctuations in the near future
The euro against the US dollar will face upward obstacles in the near future, and the basic expectation is that the currency pair will experience slight fluctuations. Due to the significant output gap still faced by the eurozone, the European Central Bank may remain cautious and follow the example of the Federal Reserve in raising interest ratesA gradual approach. In the coming weeks, the market will reassess whether the risks related to monetary policy can be balanced, so it is expected that the euro/dollar exchange rate may not be able to maintain the upward trend of the previous weeks. It is expected that there will be no substantial change in the wording regarding inflation risk in the minutes of this Thursday's European Central Bank meeting.

04:00
【WTIcrude oil8th consecutive day of gains: United StatesWTIcrude oilfuturesPrice increase1.03USD per barrel47.07USD, increase2.2%This is the eighth consecutive day of increase and a new high in a month. Brent crude oil closed higher0.92USD per barrel49.69USD, increase1.9%。

08:10
Germany no longer sees the United States asAccording to Reuters, on Monday, German Chancellor Merkel discussed within her party9The latest campaign plan was announced during the German general election, which for the first time changed the wording when describing the relationship with the United States: no longer using the word 'friend'; During the campaign, US President Trump strongly criticized Merkel's immigration policy, and after being elected, he condemned Germany's huge trade surplus with the United States and its insufficient financial support for NATO, which frequently led to the deterioration of German US relations.


2017year7month4day economic data

time	Indicator Name	Previous value	Estimate	Announced value
7:00	Korea6monthCPIthe annual rate	2%	2%	1.90%
	Korea6monthCPIMonthly rate	0.10%	0%	-0.10%
7:30	Australia to7month2Day and WeekANZConsumer confidence index	111.8	111.8	114.5
7:50	Japan6Monthly base currency annual rate	19.40%	19.20%	17%
9:30	Australia5Monthly retail sales rate after quarterly adjustment	1%	0.20%	0.60%
12:30	Australia to7month4Federal Reserve of Australia's interest rate decision	1.50%	1.50%	Unpublished
15:00	Spain6Changes in monthly unemployment numbers(ten thousand people)	-11.19	-12.03	Unpublished
	Spain6Monthly unemployment rate	-3.13%	---	Unpublished
16:30	britain6Monthly construction industryPMI	56	55	Unpublished
17:00	eurozone5monthPPIMonthly rate	0%	-0.10%	Unpublished
	eurozone5monthPPIthe annual rate	4.30%	3.60%	Unpublished
21:30	Canada6monthRBCManufacturing Purchasing Managers Index	55.1	---	Unpublished
22:00	New Zealand to7month4Daily Global Dairy Trade Price Index	-0.80%	---	Unpublished

2017year7month4day Financial events

time	country/region	city	event
undetermined	Sweden	Stockholm	The Swedish Central Bank announced the Executive Committee's interest rate decision, followed by a press conference and release of the monetary policy report.
1:30	britain	London	Bank of England Chief Economist Holden(Andy Haldane)Give a speech at the dinner party.
12:30	Australia	Sydney	The Federal Reserve of Australia announces its interest rate resolution and policy statement.
14:30	China	Beijing	The China Meteorological Administration held a meeting7Monthly press conference to release the weather and climate characteristics since China entered the flood season.
21:30	Italy	Rome	European Central Bank Executive Committee member Pruitt(Peter Praet)Participate in a seminar hosted by the Italian Ministry of Economy and Finance.

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