Shanghai Bank opened low and walked low, paying attention to the performance of small non-agricultural data
2024-06-05 07:03:56
Gold Ten Futures Special Everbright Futures Comments: On Wednesday, the main contract of Shanghai Bank 2408 opened lower and fell by more than 3%. < br > 1. From the market situation, the European Central Bank will announce the latest interest rate decision on Thursday, and the previous European Central Bank president and a number of management committees have made dovish speeches. The market is optimistic about the European Central Bank's interest rate cut in June. As the currency with the largest proportion of the US dollar index, the European Central Bank's "leading" interest rate cut may help to boost the US dollar index and put pressure on precious metals such as Shanghai Bank. < br > 2. However, it should be noted that a number of economic data in the United States have been poor recently. Overnight, the United States in April JOLTs job vacancies more than expected 8.355 million people down, from last month's revised 8.488 million people fell back to 8.059 million, or reflect the poor demand for corporate employment, superimposed on the previous weak Chicago PMI and jobless claims, market interest rate cuts sentiment has warmed up, for the Shanghai bank disk performance or should not be too pessimistic. < br > 3. On the whole, the market's positive view of the European Central Bank's interest rate cut or promote the dollar index higher, superimposed on the recent market sentiment fell, the Shanghai bank short-term or weak shock. However, the weakening of a number of economic data in the United States and the fall in the monthly rate of core PCE have increased the market's forecast for the probability of interest rate cuts in September. The support force below the Bank of Shanghai still exists, and it is cautious to chase the short. Pay attention to the performance of the small non-agricultural ADP data that will be landing on Wednesday.
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