CPT Markets: The global economy is2024Expected to achieve a soft landing this year! Germany 11 Monthly worker...

Today's Focus

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USD Index (DXY)：

After a slight increase in the closing of the US dollar index on Tuesday, it rose to102.48Nearby, due to the overall improvement and strengthening of US economic data, the short-term upward support of the US dollar.

HSBC Holdings LimitedMax KettnerThe mismatch between the aggressive pricing of US interest rate cuts and the elastic economic fundamentals of reducing such loose risk demand is becoming increasingly severe, creating a reverse blonde scenario for the global market. The fall in loose bets may trigger a sell-off of risky assets and lead to further appreciation of the US dollar in the coming months. In addition, the latest Global Economic Outlook report released by the World Bank points out that the global economy is2024It is expected to achieve a soft landing this year. The report shows that global economic growth will continue to be the third3The year is expected to slow down, but it will avoid falling into a recession. The growth rate this year is expected to be lower than last year's estimate2.6%lower2.4%. It is expected that by next year, the growth rate will rebound to2.7%。

In terms of yesterday's financial event data, the United StatesNFIBpublish12The monthly small business confidence index has risen to91.9This reflects the company's optimistic outlook on the future economic prospects. In addition, the United States Bureau of Economic Analysis has announced11The monthly trade account improved to-632Billion US dollars, but import volume3169Billion US dollars still exceeds exports2537One billion US dollars indicates that net funds are still flowing out as a trade deficit.

From the upward direction, the upper suppression(Upper resistance) 102.40，102.90； From the downward direction, the lower support102.00。

euro/pound (EURGBP)：

After a slight intraday rise on Tuesday, the euro rose to0.8599Nearby, previously Germany 11 The unexpected decline in monthly industrial production has limited the upward space for the euro.

European time slot, Germany 11 Unexpected decline in monthly industrial production, quarterly decrease-0.7%Below expected increase 0.3%. The annual rate data is-4.87%, lower than expected-4%. German Commercial BankCommerzbankAnalysts say that,11The unexpected decline in industrial production in Germany indicates that companies are increasingly responding strongly to the decline in order volume. In this context, adding Germany11The monthly retail sales decline exceeded expectations, leading to a decline in gross domestic production in Europe's largest economy in the third quarter-0.1%The likelihood of falling into recession increases afterwards. The European Central BankECBofficial Senteno The European Central Bank does not have to wait5Make policy decisions again in the month.

In terms of yesterday's financial event data, the Eurostat announced the Eurozone11The monthly unemployment rate has dropped below expectations6.4%This reflects a boost in the growth of labor and employment markets in Eurozone countries. In addition, French customs have announced11The monthly trade account has improved compared to the previous period-59.43100 million euros, import value553.95More than 100 million yuan for exports494.51One billion euros, indicating that net funds are still flowing out and showing a trade deficit. However, in terms of relatively bearish data, the German Ministry of Economy has announced11The monthly industrial output rate has significantly decreased compared to expectations-4.87%and-0.7%The decline in the industrial output index indicates that the economy is in a period of decline, and the demand for production materials will correspondingly shrink.

From the upward direction, the upper suppression(Upper resistance) 0.8590，0.8620； From the downward direction, the lower support0.8550。

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.