Greece fears swept the market again on Friday, the stock market and commodity prices continue to plunge, dollar strong rallies again. Thursday European period announced of eurozone main national Germany and France of GDP data performance good has support euro and market emotional rebounded, New York period early disk announced of United States April inflation data meet expected, core inflation by 1.2% small rise to 1.3%, still is located in fed 1.5%-2% of target interval below, although inflation data indicates that fed medium-term will maintained loose of policy, United States was domestic fundamentals support still insufficient, but about Greece, country of concerns in market again staged "Black Friday". Because investors concerns Greece in this weekend again burst major bad, upside and crude oil in United States period early disk will began suffered violent selling, euro, and AUD, main non-US currency have tumbled recorded was low, was, this week closed Qian market burst Greece will may take "soft" debt recombinant, is with voluntary nature of, and Greece bond of investors may need bear must loss, or will claims debt period continues to 後 push, to maintained Greece debt of can continued sexual. Allegedly because of fears that Greece debt is not sustainable, and Greece deficit reduction targets could not be achieved, EU, IMF and Germany had accepted soft debt restructuring of the Government, but France and the European Central Bank worried about the measure caused a domino effect against the eurozone. EU Finance Ministers will meet next Monday in Brussels, Greece rescue plan or debt restructuring can make substantive progress there are big questions, but you can sure is from Greece fears problems will continue. Shang weekend Greece exit eurozone rumors although was continued negative, but the rumors led dollars reverse has became established facts, this week eurozone officials also continued negative debt recombinant, but debt recombinant eventually also is comes, therefore, despite dollars fundamentals still worth mentioning, but is expected eurozone Greece, and Portugal, country of bad still on market emotional and upside continued constitute suppressed, dollars success reverse and rise to for over months to of high 後 is expected to take eurozone concerns of Dongfeng continued rose trend. (Neal)
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European Central Bank points "inflation fighter" Euro turned over ACE now dollars into rebound cycle high risk assets bull market will end euro appears every high short opportunity market emotional vulnerable non-us unspeakable rebound IMF on Greece avoid debt recombinant has confidence euro bad constantly risk aversion demand push high dollars national day Xin months site revealing three quarter layout opportunity United States period data and event: United States April consumer price index months rate 0.4% , In line with expectations, since the value of 0.5% before falling, annual 3.2%, before the higher than expected, and value, the core consumer price index monthly rate 0.2%, annual 1.3%, are in line with market expectations; United States initial value 72.4 May University of Michigan consumer confidence index, value greatly improved before.
in Asian data and event next week: 06:45 New Zealand producer input price index quarter rate and annual rate in the first quarter, quarter rate and output price indices annual rate, 07:01 United Kingdom May Rightmove house price index month rate and annual rate, 07:50 Japan March core machinery orders monthly rate and annual rate.
Friday eurozone national announced of series of GDP data once support euro rebound to 1.4338, United States early disk announced of United States inflation data generally meet market expected, Greece concerns makes upside in weekend holiday Qian was crazy selling, euro corresponding sharp fell to 1.41 below and recorded was for over months yilai of low 1.4065, despite currency eventually reluctantly received Yu 1.41 above, but day figure overall still continued strong of downward trend, short-term still has continues to downward links to 1.4 mark of risk.
eurozone data in European period support euro rebound 後, dollars small down drag dollars/Yen Xia breaking 10th averages support recorded was low points 80.33, United States period dollars overall strengthens 後 dollars/Yen again shocks rebounded and received Yu 10th averages above, day figure continued 10th averages and 20th averages Zhijian of finishing, random index has again down of risk, 10th averages remains short-term key support.
although the United Kingdom's Central Bank recently said tough may raise interest rates, but the stock market and the marketEmotional continued sluggish performance subject the pound is still a big drag, and pound from euro/British pound cross from time to time also suppressed, GBP/USD on Thursday near the European period slightly recovered to only 1.63 and again following the collapse of the other non-us. Daily figure since the 50-day moving average downward sharply, further strengthen the strong decline in the near future, if they have recently dropped below 100-day moving average located near 1.611 will probably continue to point to the Department of 1.6 points and even the end of March.
in Europe AUD/USD intraday rebound to 1.07 above, but after that came in the United States followed the stock market and crude oil prices fell sharply today, once-broken May 5 low point recorded a new low under 1.052, crude oil prices and a rebound in US stocks in late support exchange rate rebounded modestly. After our random index rebound attempt down, if at the bottom of oscillatory interval supported rally still continued volatile as of may, and 1.05 breaking near the bottom of the support will open the door to further amendments.
