Wednesday morning Greece successfully passed a vote of the Government, subject to boost Asian equities continue to rise, Japan's stock market closed 1.8%. However major high interest currencies such as Euro News chonggao to decline against the dollar, showing the expected result is only temporarily ease the market on Greece debt concerns, Greece on the road to solve the debt problem continued to face many challenges and uncertainties. Next Greece must be within the next two weeks to persuade Parliament approval of the Government, amounted to EUR 28 billion 5-year tax increase and Red reduction plan, to get EU/IMF € 12 billion assistance loan, despite domestic opposition calls for more and more strongly. If the Red reduction plan passed, Greece is expected to gain greater market confidence in markets were expected to continue to pay close attention to Greece's latest developments.
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beauty data poor dragged down beauty means Greece or reached Rescue Agreement QE3 hopes stimulation dollars higher Greece crunch programme not optimistic euro bearing pressure in the Russia signed bilateral currency settlement agreement EU Summit primary issues resolve Greece crisis Tan Yaling: dollars status complex stagflation constraints fed wait deciphered fuck disc password master main trends European period euro/dollars finishing Yu 1.44 below, other non-beauty currency also maintained high consolidation of trend. However, the pound's weakest, their joint summary of the June meeting of the Bank crackdown sharply. Minutes-British 7:2 ratio of the members of the Bank's decision to maintain interest rates unchanged for 0.5% and GBP 200 billion asset purchases, Member of Weir and the Dell of which interest rates 0.25%, Lea Thompson once again proposed the expansion of Bank asset acquisition GBP 50 billion to 250 billion pounds, Broadbent new members advocated to maintain interest rates unchanged. Concerned is more than one of its members on the interest on the Conference considers it necessary to expand the scale of quantitative easing, confirms members of Fischer's speech yesterday. Affected by the crackdown, the pound fell sharply after the minutes fell, is worshipped more in the stock market fell under the pressure of expanding decreases. However other than sterling high interest currencies as a whole, waiting for the Fed's interest rate and resolution Bernanke speech tonight. Currently on the market generally expected the Fed will maintain interest rates unchanged. However markets are more concerned about is Ben Bernanke launched on time, whether it be the end of QE2 QE3 and United States comments on the economic prospects. From the recent United States performance of weak economic data, Bernanke may be biased towards the position of moderate, and continued to release signals for sustained low interest rates, and does not rule out the lower United States economic growth expected in may, the dollar may be under pressure, not the United States is expected to be supported. But if the stock market fell after his speech, non-us rally ability to continue. (Zhong Ying)
European period data: Italy May trade account (non-EU)-1.8 billion euro, Qian value-3.072 billion euro; Switzerland June ZEW economic expected index-24.3, Qian value-11.5; eurozone April industrial orders annual 8.6%, expected 14.0%;
United States period data: United States April prices index months rate, eurozone June consumer confidence index initial value, United States last week EIA crude oil inventory changes; 00:30 fed announced June central bank interest rate resolution, 02:15 primary South grams speech;
euro/dollars European period by stock market promote maintained in days high 1.443 below narrow interval finishing, overall holding Caine, waiting fed interest rate resolution of promote. Stymied by a 50-day moving average, index rising, break the averages would accelerate the rebound.
$/Yen in fed interest rates before resolution of minor fluctuations, bought 80 required strong continue support for the exchange rate. However modest or if Bernanke speech tonight down United States economic growth forecasts, sharp fall in dollar/Yen will be suppressed.
GBP/USD European session by the British Central Bank crackdown further sharp falls in the minutes of the Conference, the minutes more than 1 per cent of members considered that the quantitative easing policy need to be expanded, depress the pound sterling fell full. In addition, European markets and the US stocks and Futures to decline also aggravated the currency's decline. Short-term resolution concern the US Federal Reserve interest rate. Figure poly plus channel back to the bottom again, but are supported in the low point in the early, keeping the exchange rate is still a chance to rebound.
the AUD/USD European session remain 1.5665-1.0610 rangebound, markets remain cautious in fed interest rates before resolution caused major currency pairs into finishing. Current expectations of Bernanke may cut United States economic growth forecasts and made a moderate policy positions, Australian dollar/US dollar is expected to be supported. But if US stocks after resolution decreases in interest rates, rising exchange rate of the Suppression of the rising risk aversion. Today technical indicators call, but faced 20, above 50-day moving average, and the downward trend line, such as multiple resistance, only break above resistance will only return upward trend in the near future, as it may continue rangebound. End page to join the body
