CPT Markets:Federal Reserve Powell reiterated hawkish stance on interest rate hikes! The Bank of England and the European Union are still waiting...

AUD/dollar (AUDUSD)：

The AUD/USD closed slightly volatile on Wednesday and fell to0.6603Nearby, a group of global central bank leaders, including Federal Reserve Chairman Powell, made statements earlier, and Powell did not rule out the Federal Reserve's involvement in7The possibility of raising interest rates again at the next meeting of the month.

On Wednesday, the Chairman of the Federal Reserve Powell It is stated that in the face of a very strong labor market, interest rates may further rise, but the speed of rate hikes is yet to be determined, depending on the data. Powell pointed out that the majorityFOMCThe committee members believe that it is necessary to raise interest rates twice or more this year. He added that a tighter than expected labor market is driving spending and demand, and truly driving the economy. Therefore, although the policy is restrictive, it may not have reached sufficient restrictive effect, and the time to reach the degree of limitation is not long enough. In addition, earlier economic data showed that the United States5The monthly commodity trade deficit has narrowed due to a decrease in imports, but this improvement may not be enough to prevent trade from dragging down economic growth in the second quarter. However, trade has an impact on GDPGDPThe drag may be offset by an increase in inventory investment.

In terms of yesterday's financial event data, the US Bureau of Business Statistics announced5The monthly wholesale inventory rate is as high as in the previous period-0.1%This reflects that retailers maintain a fixed level of purchasing goods. In terms of inflation data, the Australian Bureau of Statistics has released5monthCPIThe monthly rate has decreased compared to the previous period5.8%and0%, indicating a slowdown in inflationary pressure in the country.

From the upward direction, the upper suppression(Upper resistance) 0.6600，0.6640； From the downward direction, the lower support0.6570。

euro/pound (EURGBP)：

After rising against the pound on Wednesday, the euro rose to0.8634Nearby, European Central Bank President Lagarde confirmed that the central bank will7The expectation of a monthly interest rate hike suggests that action may be taken.

President of the European Central Bank Lagarde The European Central Bank has yet to see sufficient evidence that core inflation has embarked on a downward path. Member of the European Central Bank Management Committee and President of the Bank of France Villerovade Gallo It is stated that the time for the European Central Bank to keep interest rates high is more important than the actual interest rate level, but interest rates are close to driving inflation back2%The level required for the goal. In addition, the President of the Bank of England Bailey It remains to be seen whether the financial market's expectations of how high the Bank of England will raise interest rates and how long it will take for the first rate cut to be correct.

In terms of financial event data from yesterday, German market research institutionsGFKpublish7Consumer confidence fell below expectations on a monthly basis-25.4It indicates that a decrease in future expenditures is unfavorable for economic growth. Published by the French National Bureau of Statistics6The monthly comprehensive consumer confidence index is higher than the previous period85This indicates that the market is optimistic about the future economic prospects. Spanish National Bureau of StatisticsINEpublish5The monthly retail annual rate has increased to6%This highlights the growing demand for retail goods in the market. In addition, the European Central Bank announced the Eurozone5The annual rate of monthly household loans is lower than the previous period to2.1%This implies an overall increase in household income in Eurozone countries.

From the upward direction, the upper suppression(Upper resistance) 0.8630，0.8680； From the downward direction, the lower support0.8590。

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.