CPT MarketsCanada's inflation data has climbed to near4A new high of six months! IMFPredicting Europe...

dollar/Cad (USDCAD)：

The US dollar/Canadian dollar opened today for consolidation after a volatile intraday decline on Tuesday1.3444Nearby, add silver10The increase in monthly interest rate hikes led to a jump in the Canadian dollar.

Governor of the Bank of CanadaTiff MacklemPreviously, it was pointed out that due to the rise in oil prices, he expected overall inflation to rise in the short term before gradually easing. Previously, the Bank of Canada maintained key overnight interest rates at5%Unchanged, indicating that the economy has entered a period of weak growth, but indicating that if inflationary pressures persist, borrowing costs may increase again. After the data was released, the money market believed that the Bank of Canada10The likelihood of a monthly interest rate hike is approximately40%，CPIBefore the report was released23%。

In terms of yesterday's financial event data, Statistics Canada announced8monthCPIThe monthly rate has increased to4%and0.4%The core monthly rate has increased year-on-year to3.3%and0.1%Due to the increase in gasoline prices, it reflects the overall increase in inflationary pressure in the country. In addition, the US Department of Commerce has announced8The monthly rate of construction permits has significantly increased compared to expectations6.9% (Total number of reports154.310000 households)However, the annualized monthly rate of new housing starts has significantly decreased to-11.3% (Total number of reports128.310000 households)It shows that the housing market fluctuates with market demand.

From the upward direction, the upper suppression(Upper resistance) 1.3440，1.3490； From the downward direction, the lower support1.3400。

euro/GBP (EURGBP)：

After a significant decline in the euro against the pound on Tuesday, it fell to0.8618Nearby, the euro market seems to maintain bearish pressure, laying a solid foundation for the euro to enter a clearly bearish market.

International Monetary FundIMFI believe that the weakness of the European economy is in line with expectations, as the service industry will weaken along with the weakness of the manufacturing industry. European Director of the International Monetary FundAlfred KammerAt the Bloomberg Financial Futures Conference held in Frankfurt, it was stated that the slow growth in the region is in line with the agency's expectations, and that manufacturing output is slowing down, and the service industry will also slow down accordingly. Director General of Economics and Research at the European Central BankOscar ArceSimilar statements have also been made, stating that the service industry is currently losing momentum and manufacturers are already very weak. In addition,DHF CapitalCEO and Asset ManagerBas KooijmanIn a report, it was stated that the euro may face pressure, stating that although the European Central Bank is facing high inflation, the deteriorating economic conditions in the eurozone may affect its interest rate decisions, raising some doubts in the market about whether it will raise interest rates or keep them unchanged. In addition, the European economic outlook is weakening, and it is expected that the German economy will contract this year, which may continue to drag down the performance of the euro.

In terms of yesterday's financial event data, the EurostatEurostatAnnouncement of the Eurozone8Monthly harmonyCPIThe monthly rate has dropped from expectations to5.2%and0.5%The core monthly rate after excluding food and fuel is expected to be6.2%and0.3%This reflects the overall level of inflation pressure in the eurozone, which has fluctuated and declined.

From the upward direction, the upper suppression(Upper resistance) 0.8610，0.8650； 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.