Ultima Markets[Market Review and Outlook] Inflation Data Intensive Release, Finance Minister...

Last week's review

Last week, the United States released a higher than expected inflation report, and the market is concerned about the Federal Reserve's impact on6The expectation of monthly interest rate cuts has significantly decreased, leading to a significant increase in the US dollar index, marking the largest weekly increase in over a year and a half. The European Central Bank issued the clearest statement to date last week6The monthly interest rate cut signal indicates that the cooling of inflation will enable it to start cutting interest rates soon. In addition, the escalation of tensions in the Middle East, especially Iran's retaliatory attacks on Israel, has led to a re pricing of geopolitical risks in the market, driving up oil prices.

Market outlook

Looking ahead to the next week, the market will continue to focus on multiple key factors. FirstlyG20The meeting between the central bank governor and finance minister focuses on the judgment of each committee member on the future economy. Secondly, although recent inflation data may have delayed the Fed's rate cut, the market still closely monitors the upcoming economic data to determine the Fed's policy direction. In addition, geopolitical risks in the Middle East remain an important uncertainty factor in the market, especially how the tense relationship between Iran and Israel will develop, which will have an impact ongoldandcrude oilWaiting for safe haven assets to have an impact.

Terrorist data

On the first day of this week, we will welcome the United States3Monthly retail sales rate. As the most important US economic data to pay attention to this week, whether the consumption level remained strong at the end of the first quarter has become a question in the minds of investors. if3The monthly retail sales data remains strong,6The probability of the Federal Reserve cutting interest rates in the month will further decrease.

Eurozone inflation

The Eurozone will announce on Wednesday3Monthly inflation data. After the European Central Bank's interest rate decision, the market generally expects that it will6Monthly interest rate cuts, but the specific magnitude of the rate cuts and subsequent policy paths still need to be paid attention to this week's speech by Lagarde and the economic data of the eurozone, such asCPIAnd industrial production data, these have become the main drivers of the euro to dollar trend this week.

Japan3Monthly inflation

Japan will announce on Friday3Monthly CoreCPI. Investors focus on experiences2Monthly CoreCPIAscend to2.8%After,3monthCPICan it continue to rise significantly. If inflation continues to rise, the path for the Bank of Japan to raise interest rates will be clear, and the depreciation trend of the yen may be contained at that time.

Disclaimers

The comments, news, research, analysis, prices, and other data contained in this article can only be considered as general market information and are only provided to assist readers in understanding the market situation, and do not constitute investment advice.UltimaMarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such data.